How has new technology affected the modern workplace?

Computers and Technology

2 answers:

OleMash [197]3 years ago

6 0

Now modern work place require more knowledge, but its more efficient.

inna [77]3 years ago

4 0

It has made it easier to work and faster

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In a management information system, the quality of information is determined by its usefulness to users, and its usefulness dete

Alecsey [184]

Answer:

It is true, that in a management information system, the quality of information is determined by its usefulness to users, and its usefulness determines the success of the information system.

Explanation:

A management information system (MIS) is a computerized and centralized database that collects data from many different resources in the organization. And, then processes and organized the data in a way that would be useful and helpful in making a business decision. These days, for both large and small organization, collection of data and use of technology are so prevalent and these organization collecting the data from their businesses resources daily even hourly such as daily sale, daily expense, hourly wages, etc, and then managing it in a way to make a right business decision. A good MIS in an organization gives a competitive advantage because it turns the data into usable and into helpful information that can be used in making business decisions and strategy and to increase profit.

However, the information quality is based on its usefulness to the user or to the organization. Because if the MIS produces the information that is not useful to the user, the information and use of MIS are useless in the organization because the information that is required in making a business decision is not useful.

If the MIS produces the quality information to its user in making the right business decision and organization or user take the right decision that brings profit to the organization. Then, this use of information determines the success of an information system in an organization.

For example:

In a Bakery, the MIS produce the right information in making decision e.g. MIS produce information to bakery owner that on valentine day, most people buy chocolate. Then, the owner tries to meet the demand for chocolate on valentine's day. Therefore, this is the quality of information and it is determined by its usefulness to the bakery owner and its usefulness determines the success of MIS.

4 0

3 years ago

Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. Use t

Citrus2011 [14]

Answer:

a.$750

Explanation:

LIFO inventory system means LAST IN FIRST OUT, so leté see what happens during september:

Sep 1 st=> Stock is 20 units at 20$ => 400$

Sep 4 th => Inventory decreases in the 10 units sold. Final inventory is (20-10) =10 units at 20$= 10*20= 200$

Sep 10th => inventory increases in 30 units at 25$ => final inventory is 30u*25$/u+10u*20$/u=950$
Sep 17th =>with the sale of 20 units the inventory decreases, and since we are using a LIFO system, the 20 units sold are the last purchased , so we sold 20 units with a cost of $25. Final inventory: 10units at $20+ 10 units at $25 = 450$
Sep 30Th with the purchase of 10 additional units at $30, we have a final inventory of 30 units: 10 units at $20+ 10 units at $25 + 10 units at $30= TOTAL FINAL INVENTORY= $200+$250+$300 => $750