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melamori03 [73]
2 years ago
9

Which strategic is phase consists of a concise statement that captures what the planning team believes should be the role of is

resources in the firm?
Business
1 answer:
Lesechka [4]2 years ago
5 0

The correct option is b. Information systems vision consists of developing a concise statement that captures what the planning team believes should be the role of IS resources in the firm.

A vision of information systems shows the potential roles that these technologies may play in the future. For strategic IS planning, an information system vision is required. This research demonstrates how new technology will open up new possibilities for strategic initiatives and direct thinking. Information systems are a crucial part of many value-added activities that are used to increase organizational performance, decision-making, and profits. These activities are extensions of the development, transformation, and dissemination of information in a corporate context.

The IS planning process typically happens in five phases. Which phase consists of developing a concise statement that captures what the planning team believes should be the role of IS resources in the firm?

a. Information systems guidelines

b. Information systems vision

c. Strategic initiatives

d. Governance

Learn more about  Information systems vision here:

brainly.com/question/15012726

#SPJ4

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he Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 433 riders a day. The
DedPeter [7]

Answer:

2.77

the bus company should  decrease price to increase revenues.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

percentage change in price = 1.21 / 0.99 - 1 = 0.222 = 22%

Percentage change in quantity demanded = 169 / 433 = -0.6097 = - 60.97%

Elasticity of demand = 60.97% /  22% = 2.77

Demand is elastic, so if price in reduced, there would be a rise in quantity demanded that would exceed the rise in price. This would increase revenues

3 0
3 years ago
Amanda's Interior Design has credit sales of $783,000, costs of goods sold of $418,000, and average accounts receivable of $107,
posledela

Answer:

The 50.30 days are required to take its credit customers to pay for their purchases.

Explanation:

For computing the average collection period, we have to use the formula of the average collection period.

Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year

= $107,900 ÷ $783,000 × 365

= 0.13780 × 365

= 50.30 days

We assume 365 days in a year

The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.

Hence, 50.30 days are required to take its credit customers to pay for their purchases.

5 0
3 years ago
What is the differents<br> between sole trading and partnership​
ycow [4]
Sole trading is a business conducted by one person. A partnership is a business conducted by two or more people. Brainliest please :)
4 0
3 years ago
Read 2 more answers
Eastwood Post Pavillion received a $650 check from a customer for the balance due. The transaction was erroneously recorded as a
s344n2d4d5 [400]

Explanation:

The correct journal entry is as follows:

Cash Dr $90

Service revenue Dr $560

         To Account receivable $650

(Being the cash received is recorded)

Basically we debited the cash for $90 and service revenue for $560 and credited the account receivable for $650 so that the correct posting could be done

The cash difference is

= $650 - $560

= $90

3 0
3 years ago
2 ways that you can simplify 112 over 220
Sidana [21]

Source: Net

Find the GCD (or HCF) of numerator and denominator

GCD of 112 and 220 is 4

Divide both the numerator and denominator by the GCD

112 ÷ 4

220 ÷ 4

Reduced fraction:  

28

55

8 0
3 years ago
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