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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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Complete this analogy: The computer is to hardware as a productivity program is to _____.
nikitadnepr [17]

Answer:

3. Software

Explanation:

7 0
3 years ago
Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of
goldenfox [79]

Answer:

a) Ponzi Products

Income statement

For quarters 1, 2, 3 and 4 of year 202x

                                       Q1                     Q2                  Q3                Q4

Sales revenue                $0                   $550             $600              $0

COGS                              $0                   $500             $500              $0

Operating income          $0                    $50               $100              $0

Since no products are sold during the first and fourth quarter, their respective revenues, COGS and operating income is $0.

b) Ponzi Products

Schedule of Expected Cash Receipts

For quarters 1, 2, 3 and 4 of year 202x

                                       Q1                     Q2                  Q3                Q4

Sales revenue                $0                    $0                $550            $600

Cost of goods man.  ($1,000)                $0                   $0               $0

Net cash receipts     ($1,000)                 $0                $550            $600

c) This question is incomplete, it should say what is Ponzi's net working capital for each quarter?

NWC = current assets - current liabilities

NWC Q1 = $1,000 (Merchandise inventory account, no liabilities)

NWC Q2 = $500 (Merchandise inventory account, no liabilities)

NWC Q3 = $550 (Cash account, no liabilities)

NWC Q4 = $1,150 (Cash account, no liabilities)

6 0
3 years ago
1. Describe the value of an education.
Colt1911 [192]

Well you need an education to get a job and make money to survive, if you want to lets say work at a fast food place then you need to know math, and ALGEBRA to combine foods and stuff. If you want to be a reporter then you'll need to know English language arts. Basically you'll need an education for any job you get.

4 0
3 years ago
Q 8.17: The financial statements of the Larson Company report net sales of $1,000,000 and accounts receivable of $80,000 and $60
Phoenix [80]

Answer:

25.55 days

Explanation:

first we must calculate the accounts receivable turnover ratio = net sales / average accounts receivable

net sales = $1,000,000

average accounts receivable ($80,000 + $60,000) / 2 = $70,000

accounts receivable turnover ratio = $1,000,000 / $70,000 = 14.286

average collection period = 365 days / accounts receivable turnover ratio = 365 / 14.286 = 25.55 days

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Which of the following hitches are allowed home depot
IceJOKER [234]
Post a picture or something because that doesn’t make any sense
5 0
3 years ago
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