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natali 33 [55]
4 years ago
14

Is the development and use of information systems to help organizations achieve their strategic goals?

Business
1 answer:
ycow [4]4 years ago
4 0
Management Information System (MIS)

I believe is your answer!
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Describe the main differences for revenue spending between ""for profit"" companies and ""not for profit"" companies. Describe h
Ket [755]

Answer with Explanation:

The analysis includes the assessment of Non profit organization's efficiency both in fundraising and spending, economy of operations and the effectiveness of the operations. This can be explained with an example. For example if the non profit organization has an objective to increase the book reading habit because it believes that the people who read more are not violent personalities and in this way they can reduce the crime rate. So it has established number of libraries in different communities. Now we will look at at what cost it has acquired these libraries (Economy), how much people have visited these libraries (Efficiency) and whether the crime rate in the community has sufficiently fallen or not (Effectiveness). So this helps in understanding whether the objective was met or not.

However when we analyze the financial statement of profit making organizations then we use many profit and efficiency ratios to assess the performance of the organization. These ratios can also be helpful if the NGO is in business as well. But most of the NGOs rely on grants and these grants are subjective to their previous performance.

The NGOs are also required to publish reports according to the grant provider's enforced accounting principles, rules and guidelines. Just take the example of US-AID program that requires the Non profit organization to publish financial reports in specific format and enforces different Generally Acceptable Principles to be used in preparing these financial reports. So yes it is much more different in analyzing the financial statements of Non profit organization and profit making organization.

8 0
4 years ago
Emily buys only ice cream and chocolate and spends all of her income on the two items. Suppose the price of ice cream rises. Emi
Katyanochek1 [597]

Answer:

d. The income effect must have been bigger than the substitution effect since we observe Emily buying less ice cream.

Explanation:

Since in the given situation it is mentioned that the ice cream is increased and she adjust her optimal consumption so that she purchased less ice cream  and more chocolate so here the income effect would be high as compared with the subsitution effect as the high price of the ice cream decrease the real income with the actual income left and it would lead to purchase less

6 0
3 years ago
A researcher sends a link to an internet based survey to every student at their university and encourages each to send the link
Anna007 [38]

Answer:

The answer is: snowball sampling technique

Explanation:

Snowball sampling is used when researchers (or research participants) recruit other participants for a study. Usually it is used when participants are hard to find. The term snowball refers to the idea that once the snowball starts rolling, it will begin to pick up more snow on the way down, increasing in size.

3 0
4 years ago
Lauren purchased a personal umbrella policy with a $1 million limit and a $1,000 self-insured retention. Her insurer required he
givi [52]

Answer:

$99,000

Explanation:

The amount of $100,000 will be split between both Tina and the insurer in which the amount of $1,000 will be cover by Tina based on her self-insured retention policy while the insurer on the other hand will cover the remaining amount of $99,000 calculated as ($100,000-$1,000).

Therefore the amount that the insurer will pay under Tina's personal umbrella policy will be $99,000

4 0
3 years ago
Gorton's sells Gorton's Fish Sticks, Gorton's Fish Fillets, and Gorton Grilled Fish. This is an example of
dimaraw [331]

Answer:

The correct answer is letter "A": family branding.

Explanation:

Family branding is a strategy entrepreneurs follow by naming the same or partly equal different businesses with diverse markets to take advantage of the reputation one of those businesses have obtained. The naming is legal and in most cases represents a partnership between those businesses or a license given by the main company to allow others to use part of the same name in exchange for a fee.

6 0
4 years ago
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