ITC761
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ITC761 Exam 1 ACTUAL UPDATED 
QUESTIONS AND CORRECT ANSWERS 
All of the following statements are true about information technology's impact on business 
firms except: 
A. it helps reduce internal management costs. 
B. it helps firms expand in size. 
C. it helps reduce transaction costs. 
D. it helps reduce agency costs. 
E. it helps firms lower the cost of market participation. - CORRECT ANSWERSB. it 
helps firms expand in size. 
Which of the following statements about digital firm...
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ITC761 Exam 1 ACTUAL UPDATED 
QUESTIONS AND CORRECT ANSWERS 
All of the following statements are true about information technology's impact on business 
firms except: 
A. it helps reduce internal management costs. 
B. it helps firms expand in size. 
C. it helps reduce transaction costs. 
D. it helps reduce agency costs. 
E. it helps firms lower the cost of market participation. - CORRECT ANSWERSB. it 
helps firms expand in size. 
Which of the following statements about digital firm...