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MakcuM [25]
3 years ago
5

According to McKinsey & Co, the root cause of companies’ inability to align their IT and their business goals is the lack of

knowledge and communication. True or false?
Business
1 answer:
vichka [17]3 years ago
5 0

Answer:

True

Explanation:

Many times management does not know a lot about information technology (IT) and that is not something necessarily bad because none can know all about everything. The problem is when someone doesn't know about something else but he/she is not willing to learn about that issue or is not willing to ask other people who know to teach them.

Many CEOs and board members are very successful and powerful people, and they do not like to admit the fact that they might need help to deal with some issues. IT is constantly changing and even if they knew about it 10 or 20 years ago, that knowledge is no good anymore.

The largest advances in IT have occurred in communications, our world is smaller every day. But communication by itself is only a tool, and a tool is only as good as the person that handles it. In order for a company to work properly, good communication must exist between all their units.

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The fixed asset turnover ratio is computed as __________ divided by __________.
Yuri [45]

The correct option is (a) sales; average book value of fixed assets.

The fixed asset turnover ratio is computed as sales divided by average book value of fixed assets.

The fixed asset turnover ratio demonstrates the effectiveness of a company's current fixed assets in driving sales. A greater ratio suggests that management is making better use of its fixed assets. No information can be gleaned from a high FAT ratio about a company's capacity to produce reliable earnings or cash flows.

The ratio of sales to the value of fixed assets is known as fixed-asset turnover. It shows how effectively the company is generating sales by utilizing its fixed assets.

A greater ratio is typically preferred since it suggests that the business is effective at producing sales or revenues from its asset base. A lower ratio suggests that a business is not utilizing its resources effectively and may be experiencing internal issues.

Learn more about fixed asset turnover ratio

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3 0
2 years ago
Identify the incorrect statement concerning globalization. A. It has been blamed for unemployment in developed nations, environm
konstantin123 [22]

Answer:

C. It is transforming industries and is highly welcomed by those who believed their jobs were protected from foreign competition.

Explanation:

Globalization is integration of world economies. it has created threat to the employment opportunities in the developed countries since the large number of jobs are being outsourced to other countries.

3 0
3 years ago
how can electricity, communication, and transportation facilities indicate the potential for industrial growth?​
nlexa [21]

Answer:

The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.

Explanation:

3 0
3 years ago
As the television industry has changed in the last few decades from just three major networks to a multiplicity of networks, one
Ket [755]

Answer:

The answer is narrower competitive scope.

Explanation:

In a narrow competitive scope, a business might choose a focus strategy which can be oriented to cost leadership or differentiation. When implementing a focus strategy, the company chooses to only produce goods or provide services to a certain segment of people. In a cost leadership strategy, the business might choose to engage on initiatives that would lead it to be identified from its ability to provide the lowest possible price for its target segment. When choosing a differentiation strategy instead, the company’s competitive advantage would be its ability to provide a wide range of products.

4 0
3 years ago
Steve Jack and Chelsy Stevens formed a partnership, dividing income as follows: Annual salary allowance to Stevens of $176,130.
denpristay [2]

Answer:

$45,440.00

Explanation:

Jack's interest on capital =5%*$90,000=$4,500.00

Stevens' interest on capital =5%*$111,000=$ 5,550.00  

Net income left to be shared in ratio 1:2 is the net income of $309,000 minus the total interest on capital of $10,050 i.e $4,500+$5,550 and salaries to Stevens

Net income left for sharing=$309,000-$10,050-$176,130=$ 122,820.00  

Jack's share of profit=1/3*$ 122,820.00   =$ 40,940.00    

Stevens' share of profits=2/3*$122,820.00  =$ 81,880.00  

Amount distributed to Jack=$4,500+$ 40,940=$45,440.00  

6 0
3 years ago
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