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3 years ago

Explain what is meant by "Information Technology (IT) flattens organizations?

Business

1 answer:

Shalnov [3]3 years ago

5 0

Answer: The answer is given below

Explanation:

Information Systems are the networks of both the hardware and the software which is used by economic agents to collect, process, create and help in the distribution of data.

Information Technology (IT) flattens organizations simply means that information systems can help in the reduction of the levels in an organization through the provision of information to managers which will be used in the supervision of other emoloyees and also, lower-level employees could be given more authority relating to decision-making.

Since decision making has been pushed to lower level then fewer managers will be needed. This ensures that faster decision making are made and there's increase in the span of control.

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Pinnocle Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total

Lostsunrise [7]

Answer:

Product margin= $9,607.5

Explanation:

First, we need to calculate the allocation rates:

Assembly= 1,533,840 / 77,000= $19.92 per machine-hour

Processing orders= 91,065 / 1,950= $46.7 per order

Inspection= 139,788 / 1,980= $70.6 per inspection-hour

Now, we need to allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 19.92*660= 13,147.2

Processing orders= 46.7*50= 2,335

Inspection= 70.6*10= 706

Total= $16,188.2

Finally, the product margin for product S78N:

Product margin= 430* (124.3 - 51.25 - 13.06) - 16,188.2

Product margin= $9,607.5

4 0

3 years ago

A portfolio consists of $13,400 in Stock M and $18,900 invested in Stock N. The expected return on these stocks is 8.50 percent

Aneli [31]

Answer:

The expected return on the portfolio is:

10.31% ($3,331.40)

Explanation:

a) Data and Calculations:

Portfolio investments: Expected Returns % Expected Returns $

Stock M = $13,400 8.50% $1,139

Stock N = $18,900 11.60% $2,192.40

Total $32,300 10.31% $3,331.40

Total expected returns in percentage is Expected Returns $/Total Investments * 100

= $3,331.40/$32,300 * 100

= 10.31%

b) The expected returns on the portfolio is derived by calculating the expected returns for each investment and summing up. Then dividing the expected portfolio returns by the portfolio investment. This yields 10.31% percentage value.

3 0

3 years ago

Which of the following taxes are paid by the employee and the employer? a.FUTA b.Federal withholding taxes c.SUTA d.FICA

vlabodo [156]

Answer:

The correct answer is letter "D": FICA.

Explanation:

The FICA (Federal Insurance Contributions Act) is a U.S. law that requires a paycheck deduction to be paid to Social Security and Medicare. Employers and employees share half the payment unless an individual is self-employed meaning the full amount must be covered by that person.

8 0

3 years ago

if an internal audit reveals issues, it is time to do some interviews and document reviews. how many people should be involved i

r-ruslan [8.4K]

'If an internal audit reveals issues, it is time to do some interviews and document reviews. 2 the attorney many people should be involved in the interview process of an employee.

An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for your work by your employer (the person or company that pays your salary).

An employer is an individual, firm, or organization that employs people and pays them wages for their work. A person who works and gets paid is called an employee. Employers provide employment.

An example of an employee is a store clerk. Employees are required to perform specific tasks such as: B. An employee is considered an employee if they wear a name tag and greet customers with certain expressions.

Learn more about employee brainly.com/question/27953070

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6 0

1 year ago

Choose the strategy of following scenarios whether it describe business level or corporate level.

Serggg [28]

It’s a I promise I did the test!!

3 0

2 years ago