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Arisa [49]
3 years ago
8

"The Internet of everything (IOE) has created a lot of excitement in the business community. What evidence could you present to

show why IOE contributes to successful business operations? Give an example of one specific industry."
Business
1 answer:
joja [24]3 years ago
6 0

Answer:

Yes, the Internet of everything (IOE) has created a lot of excitement in the business community.

Explanation:

IOT has come to revolutionalized our life in many ramifications. It is regarded as the best and fastest means of connecting to the people as well as machines around world. It effect ranging from Aviation, Education, Health Care Services, and so on. Business operation have witnessed significant improvement in the sense that things get done over the Internet easily. One buy and sell, services such as consultancy are rendered over the Internet.

Example

The example is Telecom Industry.

It effect could be seen in communication, is those days where there was no internet, mail or letter are delivered taking longer period and sometime may even get loss but with Telecommunications, introduction of e-mail come where letters is being delivered within seconds.

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Choose the answer that best defines the marginal propensity to save (MPS). The share of all income earned that is devoted to sav
defon

Answer:

The share of each additional dollar of income earned that is devoted to saving rather than consumption.

Explanation:

The marginal propensity to save is defined as the fraction of increased income that is reserved for saving and not consumption, and it is the slope of the graph of income against savings.

For example if an individual earns an extra dollar and he has propensity to save of 0.5 that means out of the one dollar he will save 50 cents and spend the remaining 50 cents.

4 0
3 years ago
To avoid the difficulties involved in starting a business from scratch, Sana decides to obtain the rights to operate an outlet o
Mariana [72]

Answer:

Franchisee

Explanation:

A franchise business is a form of business arrangement where a business owners , who is known as the franchisor , sells the right to operate its business to another entity known as the Franchisee.

This business arrangement is legally binding an it gives right to the use of the business name , logo ,and model to third party retail outlet.

This explains the type of business arrangement that Sana is planning , considering the explanation given in the question.

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3 years ago
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A organization in which specialists from different parts of the organization are brought together to work on specific projects b
Genrish500 [490]

Answer:

Matrix organization structure

Explanation:

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The matrix organizational structure is useful when sharing skills across departments is necessary to complete a project.

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3 years ago
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David wants to know if his company’s resources are being used in the best, most productive manner in order to achieve company goals. David wants to know his organization’s efficiency.

<h3>What is the significance of the organization’s efficiency?</h3>

Organizational efficiency of an organization mainly examines and determines how to increase the productivity of an organization by using a specific amount of resources.

Organization’s efficiency plays a very significant role in the smooth and effective operations of the firm as it helps the organization achieving the objectives.

Basically, the efficiency of an organization completely depends on its employees, resources, goals and objectives.

Learn more about organization’s efficiency here:-

brainly.com/question/13021831

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1 year ago
Which of the following is a variable expense?
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Answer:

car insurance

Explanation:

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2 years ago
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