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skelet666 [1.2K]
3 years ago
12

In order to understand how a specific business firm uses information systems, you need to know something about the history and c

ulture of the company.
True / False.
Business
1 answer:
Sidana [21]3 years ago
3 0

Answer:

True

Explanation:

Whenever you want to learn something about a company or why that company's procedures were set a certain way, you need to understand the company's culture and history. For example, a lot of very vertical companies have information systems that are probably not very efficient or even include some redundant tasks, but those companies have evolved from very old and strict structures, e.g. steelworks, investment banks. While more modern horizontal companies that rely heavily on computers and the internet will have different information systems since the decision making processes are also more horizontal.

You must remember that the most important of information systems is that they are useful tools for making decisions and controlling an organization.

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When Pete Mills went to withdraw $10,100 from the NFA Mutual fund, he was informed that the fund would charge 6 percent of the a
aivan3 [116]

Answer:

Option (A) is correct.

Explanation:

Given that,

Amount withdraw by Pete Mills = $10,100

Mutual charges on amount withdrawn = 6%

Therefore, the dollar amount of the withdrawal charge;

= Amount withdraw by Pete Mills × Percent charges by mutual fund on withdrawal of fund

= $10,100 × 0.06

= $606.00

Hence, the correct answer is $606.00

6 0
2 years ago
In the long run, an increase in the money supply will affect the price level and real GDP of an economy in which of the followin
Mars2501 [29]

Answer:

1. Lower the interest rates in the economy.

2. Increase asset prices

Explanation:

Remember, increase in money supply looks at the total money made available in circulation in an economy. Alternatively it is called liquidation.

The real of an economy takes into consideration the impact of inflation on the value of goods and services produced in an economy.

Therefore lower interest rates as a result of increase in money supply would results in more consumption and borrowing.

While the price of houses, stocks would rise because of the increased money supply.

4 0
2 years ago
The broad goal of __________ is to identify and define both marketing problems and opportunities and to generate and improve mar
amid [387]

Answer:

D. Marketing research

8 0
2 years ago
Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu
gogolik [260]
A(4billion)

Because I 4-(5-22)-2
7 0
2 years ago
Supply costs at Lattea Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,665 $28,579 April 11,461
mario62 [17]

Answer:

<em>$0.48 per client-visit; $22,856 per month</em>

Explanation:

Where,

y2 is the total cost at highest level of activity;                                                                       y1 is the total cost at lowest level of activity;                                                                      x2 are the number of units/labor hours etc. at highest level of activity; and                           x1 are the number of units/labor hours etc. at lowest level of activity

<em>Variable Cost per Unit </em>

= (28,904 -28,227) / (12,600-11,199)

= $0.48

<em> Total Fixed Cost </em>

= y2 ? bx2

= 28,904 - $0.48 * 12600

= $22,856.00

3 0
3 years ago
Read 2 more answers
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