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zlopas [31]
3 years ago
14

Explain the benefits of ICT to modern business

Business
1 answer:
Colt1911 [192]3 years ago
6 0
“By automating business processes and giving employees ICT tools, your business can improve its individual and overall productivity. ... Access to manufacturing data enables managers to plan production more effectively, making better use of resources and reducing lead times.”
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One reason some manufacturing companies began moving production to China in the early 2000s was due to lower wages that could be
harina [27]

Answer:

Comparative advantage

Explanation:

This concept of economics is comparative advantage that means one country has advantage of producing same product at lower cost than other. In this question China has comparative advantage over USA,

This may be due to different reasons.

1. Population of China is greater than USA, that is why employees are willing to work on low salaries in China as compared to salaries are offered in the US.

2. China is comparatively better in manufacturing industry as of with USA.

8 0
3 years ago
Which of the following is not a comprehensive basis of accounting other than generally accepted accounting principles?A. Basis o
notsponge [240]

Answer:

The correct answer is letter "D": Basis of accounting used by an entity to comply with the financial reporting requirements of a lending institution.

Explanation:

According to the Generally Accepted Accounting Principles (GAAP) <em>income tax accounting, cash basis accounting, modified cash basis of accounting, </em>and <em>basis of accounting to comply with a mandatory governmental authority </em>are valid to prepare financial statements. Any other method is forbidden.

3 0
2 years ago
On January 1, 2018, Dean Corporation signed a ten-year noncancelable lease for certain machinery. The terms of the lease called
ipn [44]

Answer:

With respect to this capitalized lease, Dean should record for 2018?

Anual deprecitaion $89.467,73

Interest                            $107.361

Explanation:

Present value 1342016    

Usufull Life 15    

Anual deprecitaion 89467,73333    

   

Valor del consumo (o del prestamo) $ 1.342.016    

Cuotas mensuales de plazo concedidas: 10    

Tasa de interés mensual: 8,0%    

Valor cuota mensual $ 200.000        

   

Period Payment Capital Interest Loan

   

                           1.342.016

1 200.000 92.639 107.361 1.249.377

2 200.000 100.050 99.950 1.149.328

3 200.000 108.054 91.946 1.041.274

4 200.000 116.698 83.302 924.576

5 200.000 126.034 73.966 798.542

6 200.000 136.117 63.883 662.425

7 200.000 147.006 52.994 515.419

8 200.000 158.766 41.234 356.653

9 200.000 171.468 28.532 185.185

10 200.000 185.185 14.815 0

7 0
2 years ago
Who decides what goods and services should be produced and how those goods are to be produced in a command economy? individuals
GenaCL600 [577]

Answer: Government Officials

Explanation: In a command economy, no individuals, business owners & tribal leaders, but the government decides the goods & services for production to be helpful for the country's economy. The government & its officials take a call on -

i. what goods to be produced,

ii. In how much quantity those goods should be produced

iii. at what amount, it will reach the consumers

All productions are controlled & planned by the government, hence it is also called as planned economy.

8 0
3 years ago
Read 2 more answers
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands,
MrRissso [65]

Answer:

                                                                     2022         2021

EPS                                                                 $1.12         $0.99

Explanation:

EPS = NET INCOME / no of shares outstanding

       = $75801000/68000000 =1.12 (2022)

       = $68855000/ 69820000= 0.99 (2021)

3 0
3 years ago
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