Answer:
1. Reduced cycle time: reduced process time in different areas.
2. Increased visibility: real-time status or availability of any process or product.
3. Increased efficiency: faster execution of each process.
4. Better quality: high quality standards of products and processes.
Explanation:
In this scenario, Sheila and her team were able to successfully implement an IS in a hospitality organization; increased visibility, increased efficiency, better quality and reduced cycle time.
Answer:
$19
Explanation:
The computation of the financial advantage or disadvantage is shown below:
= Sale value after processed further - cost of processed further - sale value without processed further
= $91 - $29 - $43
= $19
Simply we deducted the cost of processed further and the sale value without processed further from the Sale value after processed further so that the correct amount can come
All other information which is given is not relevant. Hence, ignored it
Answer:
a. licensor
Explanation:
The licensor is the person or company that have the rights on an idea, product, service, etc, and gives the licensee limited permission to market that. In this case, Vimonland Theme is a licensor because the company gives the rights to an investment company to operate a franchise.
Answer:
wheat, wheat
Explanation:
In the field of economics, absolute advantage may be defined as the ability of a producer to produce a particular goods or services at large amount or quantity at the same price or the same quantity at a very low price as compared to other producers. It means producing goods efficiently.
Whereas a comparative advantage of a product is defined as the ability of a producer to produce more goods and and consumes less of it at a lower opportunity cost when compared to its competitors.
Thus in the context, Country A has both an absolute advantage as well as comparative advantage in production of wheat.
c. societal culture and norms
Explanation:
- The answer to the question can be understood from the following lines in the paragraph.
- "Europeans believe it is unethical to invade someone’s privacy. Americans are not nearly as protective of their right to privacy."
- The ethical factor illustrated by the example in the given paragraph is - Option c. societal culture and norms