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1 year ago

How does the use of new technology in industry benefit consumers more so than producers?

Business

1 answer:

Lilit [14]1 year ago

6 0

Answer:

B: Consumers have greater access to information.

Explanation:

Technological development impacts several areas of current life, fostered by the digital revolution. This has also made communication processes and interpersonal relationships faster and automated.

In organizations, the use of technology makes companies more competitive and innovative.

Other importance of technology are:

It makes processes seamless

It increase data processing

Provide support for important decisions.

Hence, the use of new technology in industry benefit consumers such that consumers have greater access to information

therefore answer is b

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An information system that contains the specialized knowledge and decision rules used by experts and experienced decision makers

Artemon [7]

Answer:

decision support system.

Explanation:

A decision support system is an intelligent system that automates the organizational decision process by collecting data regarding organizational processes and logical and quantitative learning of factors that directly impact a business.

It is then configured as a very effective tool to reduce the risk inherent in the decision-making process of an expert who does not have much experience to make a decision based on their own knowledge.

6 0

2 years ago

If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs

Ahat [919]

Answer: $228,900

Explanation:

Manufacturing overheads = Factory depreciation + Factory utilities + Indirect labor + Factory rent + Factory property taxes + Indirect materials

= 65,600 + 30,900 + 22,600 + 47,800 + 28,700 + 33,300

= $228,900

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2 years ago

an Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions f

irinina [24]

Answer:

Part 1 - ROI

In terms of Margin :

Division Osaka = 20 %

Division Yokohama = 14 %

In terms of Turnover :

Division Osaka = 400 %

Division Yokohama = 200 %

Part 2 - Residual Income

Division Osaka = $182,000

Division Yokohama = $210,000

Explanation:

<em>Return on investment (ROI) = Divisional Profit Contribution / Assets Employed in the division x 100</em>

In terms of Margin :

Division Osaka = $ 455,000 / $ 2,275,000 x 100 = 20 %

Division Yokohama = $ 1,470,000/ $ 10,500,000 x 100 = 14 %

In terms of Turnover :

Division Osaka = $ 9,100,000 / $ 2,275,000 x 100 = 400 %

Division Yokohama = $ 21,000,000/ $ 10,500,000 x 100 = 200 %

<em>Residual income = Controllable Profit - Cost of Capital Charge on Controllable Investment</em>

Therefore,

Division Osaka = $ 455,000 - $ 2,275,000 x 12 % = $182,000

Division Yokohama = $ 1,470,000 - $ 10,500,000 x 12 % = $210,000

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3 years ago

Which government action is used to limit the amount of scarce goods citizens can buy during wartime?

Charra [1.4K]

The government’s action that they use in limiting the amount of scarce of goods for citizens to buy during the wartime is rationing. Rationing is an action or process of having a person to have a limited or fixed amount in which in goods—they can only have or brought a limited amount of goods.

7 0

3 years ago

When Mayo Clinic conducted its analysis during the 1980s, what two segments of the general environment did it initially focus on

Georgia [21]

Answer: a. Demographic and Economic .

Explanation:

In Mayor's clinic analysis of the future, it was stated that both the economic and demographic trends looked bleak.

6 0

3 years ago