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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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Your restaurant’s revenue is 710,000 expenses total 890,000 , and your total investment is 3 million. What is your return on inv
Karo-lina-s [1.5K]

Answer:

A) -6%

Explanation:

8 0
2 years ago
This principle suggests that a certain amount of money today has different buying power than the same amount of money in the fut
Taya2010 [7]

Answer:

Time value of money

Explanation:

This principle states that money is more valuable at the moment or present than same amount of money in the future due its potential for increase in profit. A person or an investor that wants to make a return or gain will prefer to have the money now than have the same amount of money in the future. This is due to the potential of the money to increase in terms of earning capacity.

7 0
3 years ago
Suppose the government passes a law eliminating holidays and, as a result the production of goods and services increases because
dedylja [7]

Answer:

The correct answer is GDP would definitely increase because GDP excludes leisure.

Explanation:

The GDP does not measure the level of development of a country, nor does it measure the quality or level of its educational system or its health. Come on, that the quality of life in general is not measurable by GDP, although it is true that countries with a higher GDP per capita can afford better health or education services, as well as better infrastructure and services in general.

It does not measure the state of the environment or the damage caused to it or natural resources by the economic activity carried out. In other words, GDP does not report externalities, that is, it does not reflect the total social benefits and costs derived from economic activity.

GDP does not measure the quality of the goods and services produced. The GDP figures are only numbers that do not take into account exactly what is being produced or what is the quality of what is produced. This prevents, for example, comparing production between different eras. Does a computer add up to GDP now than in the 80s? The answer is no. Does a country of services add up to an oil exporter? The answer is also no.

It ignores the value of elements that contribute to maintaining the level of well-being of the population, such as leisure or freedom. In freer countries or in which its inhabitants have more leisure time and better options in which to invest it, well-being is much greater.

6 0
2 years ago
Advantage of written communication
Vika [28.1K]

Explanation:

Advantages of Written Communication:

It is suitable for long distance communication and repetitive standing orders. ...

It creates permanent record of evidence. ...

It gives the receiver sufficient time to think, act and react.

It can be used as legal document.

It can be sent to many persons at a time.

3 0
3 years ago
Diversification is important in investing because...
Alenkinab [10]

Diversification is important in investing because "It helps you to balance your risk across different types of investments".

Explanation:

Diversification is a risk management approach that includes investing beyond or within various asset types to depreciate the ups and downs of economic exchanges. In different terms, diversification is thereby not owning all your eggs in one basket. Diversification goes by expanding properties beyond and within various asset types. Because asset types have their own individual financial rounds, when one class is making substantial profits, another may not be functioning as well. By expanding your purchases beyond and within distinct asset categories you’ll be in an immeasurable situation to offset the buoyancy of unique expenses.

8 0
2 years ago
Read 2 more answers
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