Information System (IS) is basically defined as a set or group of interrelated components that cluster, store, operate and disseminate information to backup and support conclusive decision making, and establish system control. A composition of fixed principles acting as basic truths and can remain constant regardless of any situation.
Answer:
Decline
Explanation:
there are four stages of product life cycle
1. introduction
2. growth
3. maturity
4. decline
In decline stage growth declines as a result of decrease in demand. The best decision at this stage is to divest the asset. Since Thermacare heat wrap was under performing it must be in decline stage and divestment of the brand was done by Procter and Gamble
Answer:
A. Jordan specializes in household production, while Chris specializes in marketplace work.
Explanation:
Chris and Jordan both can work for their household. The best way is to achieve maximum utility by using the combination of their skills. Chris can go for household work and Jordan can go for marketplace work. They both can use combination of their specialization to achieve maximum utility.
Answer:
d. the quantity demanded for the market will increase to less than 30,000 workers.
Explanation:
Missing options:
- a. the quantity demanded for the market will increase to 30,000 workers.
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b. the quantity demanded for the market will increase to more than 30,000 workers.
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c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
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d. the quantity demanded for the market will increase to less than 30,000 workers.
maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.
Answer:
average of the goods and services purchased by "urban consumers."
Explanation:
The US Bureau of Labor Statistics determines the CPI by calculating the weighted average of a basket of goods. More than 24,000 people are interviewed each year in order to elaborate this index, and the sample is taken from the US Census and includes people that live or work in urban areas around the country.
