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STatiana [176]
3 years ago
13

What do you see as the major deficiencies current information systems budgeting and prioritization processes are run

Business
1 answer:
monitta3 years ago
5 0

Answer:  

The major challenges with the current information systems budgeting and prioritisation process are:

  1. The focus was overly on how the budgeted monies will be spent and how much return it will bring to the business. Not much thought was given to how the monies required for the expenses will be generated. Budgeting not only looks at the outflow, it examines existing and potential sources of income/revenue. When this is balanced, the company can integrate such into their marketing strategy armed with what information about the market that they possess.
  2. The prioritization is all wrong. Budgeting is because there is are organisational objectives to be met with limited resources.

Because those resources are limited, the said objectives have to be prioritized. Income-generating projects must hold more priority over non-revenue generating activities.

If there is a strategic link between the company's Information Systems upgrade and an increase in its bottom line, then it must be given priority.

Cheers!

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iragen [17]

Answer: Positive, Normative

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Making a prediction today about the​ world's population in twenty years <em>based on current growth trends</em> is an example of <em>positive economics</em>.

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6 0
3 years ago
A partial listing of costs incurred during March at Febbo Corporation appears below: Factory supplies $ 9,000 Administrative wag
lana [24]

Answer:

$293,000

Explanation:

The computation of the product cost is shown below:

= Direct material + direct labor + factory supplies + factory depreciation + indirect labor

= $126,000 + $99,000 + $9,000 + $33,000 + $26,000

= $293,000

The factory supplies + factory depreciation + indirect labor = manufacturing overhead

All other cost are not relevant for the computation part. Hence, ignored it

6 0
3 years ago
1 of 5) What does it mean to "Diversify" your portfolio?
eduard

Answer:

D. A and B

Explanation:

5 0
3 years ago
Assume that ABC had a retained earnings balance of $10,000 on April 1, and that the company had the following transactions durin
Lostsunrise [7]

Answer:

ABC's retained earnings balance at the end of April is $11,400

Explanation:

The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries

Net income for the month=$2,000+$900-$800-$700=$1400

Retained earnings at month end=opening retained earnings+net income

Retained earnings at month end=$10,000+$1,400=$11,400

8 0
3 years ago
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3 years ago
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