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quester [9]
3 years ago
6

Define Moore’s Law and explain why its consequences are important to business professionals today. State how business profession

als should relate to emerging information technology. Give the text’s definition of job security and use Reich’s enumeration to explain how this course will help you attain that security. Summarize three reasons why this course is the most important in the business school.
Business
1 answer:
balandron [24]3 years ago
7 0

Answer:

Explanation:

1)Moore's Law was created by Gordon Moore, the co-founder of Intel Corporation. Moore's Law states that the speed of a computer doubles every 18 months. Because of Moore's Law, the ratio of price to computer performance has fallen and the cost of storage, data processing, and communication have dropped to nearly zero and any routine skill can be outsourced to the lowest bidder.

2)The text defined job security as a "marketable skill and the courage to use it". To attain job security, business professionals should develop their non-routine cognitive skills such as collaboration, the ability to experiment, systems thinking, and abstract reasoning. This course in introductory MIS requires students to learn these four keys skills because every topic will require us to apply and practice these skills.

3)1. Course gives students necessary background to assess, evaluate, and apply emerging information technology to business

2. Course leads the path to job security by educating students in marketable skills

3. Numerous MIS jobs are available

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________ refers to ensuring that the human resources management function is delivering its services efficiently.
kari74 [83]

Answer: HR Department lever

Explanation:

HR department lever refers to ensuring that the human resources management function is delivering its services efficiently.

It should be noted that the three levers that exist in Human Resources are:

• HR department lever

• Employee cost lever

• Technology lever.

The Human Resource manager oversees the human resources department and make sure that services are provided effectively.

4 0
2 years ago
In the month of June, Bedford Company sold 350 widgets. The average sales price was $34. During the month, fixed costs were $6,3
VikaD [51]

Answer:

Results are below.

Explanation:

Giving the following information:

In June, Bedford Company sold 350 widgets. The average sales price was $34. During the month, fixed costs were $6,320 and variable costs were 40% of sales.

F<u>irst, we need to calculate the unitary variable cost:</u>

Unitary variable cost= 34*0.4= $13.6

<u>Now, we can determine the contribution margin per unit and the contribution margin ratio:</u>

contribution margin per unit= selling price - unitary variable cost

contribution margin per unit= 34 - 13.6= $20.4

contribution margin ratio= contribution margin per unit/selling price

contribution margin ratio= 20.4/34

contribution margin ratio= 0.6

<u>To calculate the break-even point in units and dollars, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 6,320/20.4

Break-even point in units= 310 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 6,320/0.6

Break-even point (dollars)= $10,533

<u>To calculate the margin of safety, we will use the following formula:</u>

Margin of safety= (current sales level - break-even point)

Margin of safety= 350*34 - 10,533

Margin of safety= $1,367

<u>Finally, the desired profit is $4,000:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units=  (6,320 + 4,000) / 20.4

Break-even point in units= 506 units

Break-even point (dollars)= (fixed costs + desired profit)/ contribution margin ratio

Break-even point (dollars)= 10,320/0.6

Break-even point (dollars)= $17,200

3 0
2 years ago
Explain what Social added value is
Schach [20]

Answer:

what a question I didn't understand this question????? please send nicely

6 0
2 years ago
Read 2 more answers
The accounts receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account durin
ser-zykov [4K]
Beginning balance 10000
Add service on account 50000
Less ending balance 12000

Received from customers
10,000+50,000−12,000=48,000

Hope it helps!
8 0
3 years ago
Paul consumes only books and DVDs. At his current consumption​ bundle, his marginal utility from DVDs is 23 and from books is 5.
Paul [167]

Answer:

Paul is not maximizing his utility because MUd/Pd is greater than MUb/Pb

Explanation:

Marginal utility is the extra satisfaction derived from spending an additional unit of money on consuming a particular product or service.

In order to determine if he is maximizing his utility, we must calculate his utility per dollar, and this is done by dividing his Marginal Utility by the price.

Marginal Utility per dollar of DVDs is:

MUd/Pd = 23/11 = 2.09

Marginal Utility per dollar of books is:

MUb/Pb = 5/3 = 1.67

Utility is maximized when MUd/Pd is equal to MUb/Pb and Paul has exhausted his budget.

4 0
3 years ago
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