Answer:- They require companies to use focus strategies to meet specialized customer needs.
Explanation:- A fragmented industry is an industry in which many organizations compete and there is no domination of the industry by any single or small group of companies. However, it is true that they require companies to use focus strategies to meet specialized customer needs.
Answer:
A DEBIT Utility Expense $1,000
Explanation:
Utilities are expenses to a business. The unrecorded utility bill increases the amount of business expenses. As per the accounting principles, an increase in expenses is debited. The utility expenses account will be debited by $1000.
Answer:
4) buying and installing new computers in the new outlets
Explanation:
The five component model of information systems includes what a company needs to create is IT infrastructure and it includes:
- people: I firmly believe that people are the most important component of any system, at least until AI replaces us.
- hardware: refers to the equipment needed (e.g. computers, etc.)
- software: includes both system (windows or linux) and applications software (e.g. ERP software)
- database: the place where collected data is stored, e.g. physical storage devices or cloud storage
- network: the connections needed for different hardware to work together, e.g. cables, routers, internet service
Answer:
Private enterprise refers to the enterprise owned, managed and controlled by private persons.
Public enterprise refers to the enterprise owned, manage and controlled by government.
Private enterprise main motive is earning profit.
Public enterprise main motive is to render service to general public.
Private enterprise involves no rules and regulations.
Public enterprise involves lot of rules and regulations.
Private enterprise involves funds from individuals.
Public enterprise involves funds from government.
Explanation:
Answer: A: Information Technology
Explanation: Information technology is the use of computers or other electronic devices to store, retrieve and process electronic data.
Information technology is used to build, modify, upgrade and implement electronic information imputed into an electronic storage which can be retrieved by making use of confidential passwords to access their data with the use of an electronic device like computers, laptops, mobile phones, tablets etc.
Information technology is used by all organisations to make their work process easy. Most Banks also makes use of Information technology to carry out their daily operations.
Information technology also makes use of professionals to carry out the process such as software engineers, software developer, networking specialist, programmer amongst others.