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morpeh [17]
3 years ago
13

Can be defined technically as a set of interrelated components that collect, process, store, and distribute information to suppo

rt decision making and control in an organization. outsourcing information systems literacy information technology an information system
Business
1 answer:
lyudmila [28]3 years ago
4 0
Information System (IS) is basically defined as a set or group of interrelated components that cluster, store, operate and disseminate information to backup and support conclusive decision making, and  establish system control. A composition of fixed principles acting as basic truths and can remain constant regardless of any situation.
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The owners of a corporation are the __________ (shareholders of the company, board of directors, or management team members). Th
mario62 [17]

Answer :

The owners of a corporation are the __________ (shareholders of the company, board of directors, or management team members). The primary goal of the corporate management team is to (minimize or maximize) the shareholder's wealth by __________ (minimizing or maximizing) the company's (employee retention and efficiency, company's stock price, or company's production costs) over the long run.

Explanation :

Shareholders are the primary owners of the company who have company's common stock with expectation on their investment in form of dividends and share appreciation.

The primary goal of the corporate management team is to maximize the wealth of their principal (shareholders) who have entrusted them with their fortunes .

Shareholders' wealth maximization objective is achieved when management team invest in a viable project or reduce the operating costs of the company.

6 0
3 years ago
The Better Building Company has a contract to build a building for $100 million. The estimate of the cost of the project is $75
Leni [432]

Answer:

$10 million

Explanation:

Calculation for the reported profit for the first year of the contract

Using this formula

Reported profit=(BB Costs/Project cost estimate)×(Building contract-Project cost estimate)

Let plug in the formula

Reported profit = ($30 million / $75 million)×($100 million – $75 million)

Reported profit=0.4 million ×25 million

Reported profit= $10 million

Therefore the reported profit for the first year of the contract will be $10 million

5 0
3 years ago
Which of the following statements is FALSE regarding financial and nonfinancial measures of performance?a.Nonfinancial measures
faltersainse [42]

Answer:

D. Financial measures are lead indicators of future success.

Explanation:

This is said to be not true regarding financial and non financial measures of performance.

Businesswise, it is often debated whether a commonly perceived good company, as defined by characteristics such as competitive advantage, stable earnings, above-average management, and market leadership, is also a good company in which to invest. While these characteristics of a good company can point toward a good investment, this article will explain how to also evaluate the company's financial characteristics and how to know if a company is a good investment.

8 0
3 years ago
Zoie makes 2 products from a common input. Each product may be sold at the split-off point or processed further. The following i
Ymorist [56]

Answer:

Zoie

The minimum amount the company should accept if Product 1 is sold at the split-off point is:

= $30,000.

Explanation:

a) Data and Calculations:

                                                          Product 1    Product 2

Allocated joint processing costs         21,200        35,700

Sales value at split-off point                38,100        19,200

Costs of further processing                17,000        19,900

Sales value after further processing 30,000       28,300

The minimum amount the company should accept if Product 1 is sold at the split-off point is $30,000.

b) Further processing of Product 1 does not make economic sense.  Zoie should sell the product at split-off point at $38,100.  Similarly, based on the facts provided, Product 2 hardly deserves further processing.

5 0
3 years ago
Melanie assesses risks, both financial and physical. She has a graduate degree. She is:
Ilia_Sergeevich [38]

<u>Answer:</u> an actuary

<u>Explanation:</u>

Melanie is an employee who has the responsibility of managing risks and uncertainty. Actuaries evaluate the risk of the financial and physical properties. Based on the risk assessment they evaluate the price of the insurance policy and the premium that is to be paid by the customers.

They also help in periodic reporting of the client's financial state. Actuaries hold a degree in actuarial science. They use their analytical skills to prevent the parties from potential losses.

7 0
3 years ago
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