64) Technological leapfrogging is defined as ________.A) adopting new technology late in the hype cycleB) adopting new technology as soon as it is releasedC) bypassing certain stages of technology to come up with a radical innovation when upgrading to new productsD) boosting demand artificially by postponing the sale of new technology in the market65) The science and process of creating and using information resources is known as ________.66) Which of the following benefits of IT is specific to smaller firms?67) ________ are the most transformative technology in developing economies.68) Technological advances have contributed to manufacturing by ________.A) promoting traditional lifestyles and valuesB) reducing cross-border flow of factors of productionC) promoting nationalizationD) reducing production costs69) Stella manages the production team at Camden Inc., a manufacturer of heavy industry machinery in the United States. She needs to decide if her firm should export finished products or manufacture abroad. Which of the following would most likely help her evaluate the best alternative in this instance?7
70) ________ refers to the tendency of a financial or monetary crisis in one country to spread rapidly to other countries, due to the ongoing integration of national economies.71) The ability of a nation to govern its own affairs is known as ________.72) The relocation of manufacturing and other value-chain activities to cost-effective locations abroad is known as ________.A) insourcingB) cultural imperialismC) contagionD) offshoring
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