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BIS 400 Notes 5.pdf - 21. A powerful strategic advantage...

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21.) A powerful strategic advantage for a globalized firm is lowered cost factors in production.
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22.) A bank has reworked its mortgage application process so that several steps are handled bycomputer software, and some steps are combined to reduce bottlenecks in processing. Thegoal is to gradually improve its efficiency over time. This is an example of:
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23.) A drawback to high-velocity, automated decision-making systems is that they are unable to:
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