Answer:
it is an example of minimizing the risk of business
Explanation:
There is a difference between managing proactively and creatively.
Managing creatively only carried out after the company experience some sort of bad circumstances. IT is used to fix the situation.
Managing proactively on the other hand is carried out on a regular basis, even before any bad circumstances happen. This type of management will prevent the company in experiencing unnecessary damage and will be beneficial for the company in the. long run, This will minimize the risk that might occur to the company.
Answer:
Local businesses, SME's and International businesses
Explanation:
The era of the internet has provided the work to integrate and create more opportunities for the business to grow and improve. More importantly, the internet has created a pathway for small businesses, local businesses, and small businesses to grow and expand globally. The internet has also helped businesses to set up their operations globally and locally to attract more markets and consumers.
Answer:
The amount of net income reported in 2020 income statement would be $75,000.
Explanation:
Pretax accounting income for 2020 = $100,000
Income tax expense for 2020 = Current tax + Reversal of Deferred tax assets
= ($100,000 - $100,000)*25% + ($100,000*25%)
= $25,000
Amount of net income reported in 2020 income statement = Pretax accounting income - Income tax expense
= $100,000 - $25,000
= $75,000
Therefore, The amount of net income reported in 2020 income statement would be $75,000.
<u>Explanation:</u>
The term IoT is an acronym for 'Internet of Things' which refers to a modern technology that allows certain physical objects or “things” as we may call it to connect to the internet.
While Big Data refers not just to large data, but to an innovative field of technology that specializes in analyzing very large (big) data sets.
Consider the education industry, by means of IoT, it is possible for school management to effectively track their student's academic progress in real-time.
IoT and Big Data connected in the sense that, as these physical things (objects) communicate over the internet, a mass amount of data ("Big Data") is been generated which could then be analyzed using specialized software. In other words, they are mutually beneficial.
