The right answer for the question that is being asked and shown above is that: "d. exchange price paid." The cost principle requires that when assets are acquired, they be recorded at d. exchange price paid<span>
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A revised IFE Matrix should focus on changes in the organization's management, marketing, finance and accounting, production and operations, research and development (R&D), and management information systems (MIS) strengths and weaknesses.
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What is management information systems?</u></h3>
- An information system used for decision-making, as well as for the coordination, control, analysis, and visualization of information inside an organization, is known as a management information system (MIS).
- In an organizational setting, people, procedures, and technology are all involved in the study of management information systems.
- The ultimate objective of using a management information system in a corporate environment is to raise the company's value and earnings.
- Enterprise resource planning (ERP), computer science, electrical computer engineering, and information technology management (IT) are all terms that are frequently used interchangeably.
- These include management information system (MIS), information management system (IMS), and information system (IS).
A hierarchical subset of information systems is known as MIS. More organizations are focusing on exploiting information technology to enhance business value, which is where MIS narrows in.
Know more about management information systems with the help of the given link:
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Answer:
change in demand; shift of the demand curve.
Explanation:
We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income
In mathematically,
Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)
By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve
E. CHARGES A HIGHER PRICE FOR ITS PRODUCT
Because of less substitution available and barriers to entry.
Answer:
idea screening
Explanation:
The idea screening stage of new product development process involves the filtering the ideas to pick out the best ones. At the screening stage good ideas should be spotted and bad ideas should be disposed.
This is a very critical stage since deciding which ideas are worth developing and which aren't is a very difficult and important task. You don't want to invest in a bad idea, so you should be careful, but you don't want to toss away any potentially good idea.
