Question

B. IT Disciplines and competencies
A1 The most important benefit associated with the access to the new technologies is the
increase in the supply of information
A2
Information is shared and disseminated to larger audience
B.1
Reduces the cost of production
B.2
Knowledge is produced, transmitted, accessed and shared at the minimum cost.
B.3 With the reduction in the transactional costs, there is also a reduction in the degree of
inefficiencies and uncertainty
C.1 It has overcome the constraints of distance and geography
Exercise: Provide a word or phrase that will best describe the related topics, eg. Economies
of Scale,
Worldwide reach, No boundaries. (you can technically use these three titles and write
below)
them​

Answer 1

Answer:

to reduce a cost of production