1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spayn [35]
3 years ago
10

Information management is the ________ of a company. Information management is concerned with the collection, preservation, stor

age, processing, and delivery of information. The purpose of information management is to make sure information is available to the right people at the right time in a form that they can apply.
Business
1 answer:
Strike441 [17]3 years ago
8 0

Answer:

Nervous system

Explanation:

The comparison was made due to the similarity of functions between information management and the nervous system in our body.

The nervous system in humans' body has the ability send signals to our cells in order to accommodate the things that are needed by our body.

Information management also has similar function within the company. Information management will collect the data from employees and analyze it. The result of the analytic will provide the decision makers with the list of things they need to do in order to achieve their goals. The decision makers then will formulate the plan and spread it to all employees so they can execute it.

You might be interested in
Rocket Shoe Company is planning a one-month campaign for August to promote sales of one of its two shoe products. A total of $11
Kamila [148]

Answer:

Contribution Margin from proposal

Cross Trainer Shoes $360,000

Running Shoe $340,000

Explanation:

Preparation of differential analysis for Rocket Shoe Company

DIFFERENTIAL ANALYSIS

Cross Trainer Shoes Running Shoe

Differential Revenue 984,000 900,000

Differential costs:

Direct Material (192,000) (200,000)

Direct labor (72,000) (60,000)

Variable factory overhead (48,000) (60,000)

Variable selling expense (312,000) (240,000)

Differential cost (624,000) (560,000)

Contribution Margin from proposal 360,000 340,000

Differential Revenue

Cross Trainer Shoes(41*24,000)=$984,000

Running Shoe(45*20,000) =$900,000

Differential costs:

Direct Material

Cross Trainer Shoes (8*24,000)=192,000

Running Shoe(10*20,000)=200,000

Direct labor

Cross Trainer Shoes (3*24,000)=72,000

Running Shoe(3*20,000)=60,000

Variable factory overhead

Cross Trainer Shoes (2*24,000)=48,000

Running Shoe(3*20,000)=60,000

Variable selling expense

Cross Trainer Shoes (13*24,000)=312,000

Running Shoe(12*20,000)=240,000

Differential cost is the addition of direct materials +direct labor + Variable factory overhead+Variable selling expense

Contribution Margin from proposal

Cross Trainer Shoes 984,000-624,000=360,000

Running Shoe 900,000-560,000=340,000

Since Cross trainer shoes had $360,000 this means that cross trainer shoes would contribute more than Running shoe which had $340,000 because Cross trainer shoes contribution margin is higher.

6 0
3 years ago
Following a long period of slow​ growth, the government of country X decided to open its economy and reduce trade barriers in or
Readme [11.4K]

This question is incomplete, here is the complete question:

Following a long period of slow growth, the government of country X decided to open its economy and reduce trade barriers in order to boost economic growth. This provided the expected impetus to the economy as competition increased and the efficiency of domestic firms improved. A decade after opening the economy, the country's GDP is now growing at an average of 7-8 percent annually. A group of economists claim that the standard of living of the people has improved substantially during this period. They also expect this impressive growth to continue over the next five years.

Which of the following, if true, will indicate that the standard of living has actually improved since the economy was opened?

A.Country X's leading trading partner reported a fall in the standard of living over the last two years.

B.Discretionary spending by domestic consumers increased during this time.

C.Overall exports increased because of a fall in domestic consumption during this period.

D.High interest rates have attracted a large amount of foreign investment over the last five years.

E.The government pegged its currency to a foreign currency three years back.

Answer:

(B) Discretionary spending by domestic consumers increased during this time.

Explanation:

When domestic consumers engage in increased discretionary spending, then it is safe to say that there is an improvement in the economy. As domestic consumers would rather spend only on essentials (food, clothing, and housing), when they have limited disposable income.

5 0
3 years ago
​Kentucky, Inc. purchases and sells widgets. The following information summarizes the​company's operating activities for the​yea
igomit [66]

Answer:

$16.9 per widget

Explanation:

Given that,

Beginning inventory = $2,500

Purchases  = $156,000

Ending inventory = $38,200

Sales Revenue = $783,000

Selling and Administrative Expenses = $5,400

Total cost of the 7,100 widgets:

= Beginning inventory + Purchases - Ending inventory

= $2,500 + $156,000 - $38,200

= $120,300

Therefore,

Cost of one widget = Total cost of the 7,100 widgets ÷ Number of widgets

                                = $120,300 ÷ 7,100

                                = $16.9 per widget

5 0
4 years ago
A marketing company wants to estimate the proportion of consumers in a certain region of the country who would react favorably t
Sindrei [870]

The closest to the minimum number of consumers needed to obtain the estimate with the desired precision is (b) 271

Explanation:

When the prior estimate of population proportion is not given , then the formula to find the sample size is given by :-

n=0.25(\frac{z^{*} }{E} )^{2}

where E = Margin of error.

z* = Critical z-value.

As per given , we have

E = 5%=0.05

Confidence level = 90%

The critical value of z at 90% is 1.645  (By z-table)

Put all values in the formula , we get

n=0.25(1.645/0.05)²

n=0.25(32.9)²

n=270.6025≈271

Thus, the minimum sample size needed = 271

Hence , the correct answer is 271 .

8 0
3 years ago
Match each term below with the description that fits it best. 1. Treasury stock 2. Issued capital stock 3. Outstanding capital s
saw5 [17]

Answer:

1) shares held by the issuer that is shares of Firm A held by Firm A

2) the amount of shares issued by the firm

3) the amount of shares which are circulating in the market (issued less treasury stock)

4) is the amount the governement angency in charge of regulations approved the firm to issue It cannot surpass this ammount without their permission being granted

5) shares at which a down payment has been made but, not paid in full by the potential stockholders

Explanation:

DISCLAMER:

As the options aren't given I define each concept

3 0
3 years ago
Other questions:
  • Tom oversees the logistics department for a holiday resort in Virginia. He has created a plan to bring in customers directly fro
    5·2 answers
  • Chocolotto, a chocolate manufacturer, displays a brown dot in a brown square symbol, instead of a green dot in a green square sy
    7·1 answer
  • Which of the following is the most popular framing system used today?
    13·1 answer
  • You wish to build a house and you have divided the process into a number of tasks, namely:
    5·1 answer
  • Tom Cruise is a 17 year old high school student who works as an assistant manager at the local movie theater. If an increase in
    9·1 answer
  • If bonds are issued at 101.25, this means that ____________________
    15·1 answer
  • Credit rationing refers to A.the increase in the interest rate that occurs when the supply of credit increases. B.a restriction
    12·1 answer
  • Mills Corporation acquired as a long-term investment $240 million of 6% bonds, dated July 1, on July 1, 2018. Company management
    6·1 answer
  • What is an advantage of working for a mom-and-pop establishment?
    6·2 answers
  • If an adviser is suspicious about a customer's account activity and believes that there may be illegal activity, then the advise
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!