Answer:
a) true
Explanation:
Support Function include Information Technology, Human Resources, Finance and Marketing. These are there to ensure that conversion process is efficient by providing support services such as sourcing of talent, fund management, communication.
Answer:
There are three types of innovation.
Product, Process and business Model.
The company Amazon is one of the leading online business in the world. It has achieved success through process innovation.
Explanation:
Amazon has created a culture of innovation in its organization. The employee working in the amazon are free to share their innovative ideas and management considers those ideas when making strategic planning of business. This is the reason amazon has been able to launch many different types of technological innovations which provide support to their customers and their shopping experience is comfortable.
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Answer:
Debt to income ratio is all your debt payments divided by all the money you earn during a month. Generally you are considered to be in good financial shape when your debt to income ratio is less than 20%, if it's less than 10% it is even better.
Kim's gross income = $1,230 - $165 (taxes) = $1,065
Kim's total debt payments without new debt = $134 (credit card payments)
Kim's total debt payments including new debt = $134 + $172 (new debt) = $306
Kim's debt to income ration without new debt = $134 / $1,065 = 12.58%
Kim's debt to income ration with new debt = $306 / $1,065 = 28.73%
Currently Kim's debt to income ratio is only 12.58% which is very good, but if she takes the new loan then her ratio will increase to 28.73% which is extremely high and not prudent.
Answer:
investing in individual stocks can be risky if you do not invest in a relatively large number of different stocks, because you need diversification in order to help limit your risk.
Explanation:
In general "putting all your eggs into one basket" can be a risky proposition. If you only have enough money to invest in one stock then if that stock goes down in value, your entire investment goes down by the same amount. However, if you are able to invest in multiple, diversified stocks - that is, stocks for companies that operate in varying fields or businesses - when one stock goes down in value it's possible/likely other(s) will not and may go up in value. Since mutual funds exist, and mutual funds that invest in stocks do so by investing in multiple stocks, you are able to reduce your risk by purchasing a mutual fund. Each and every share in a mutual fund spreads your investment across multiple stocks for you. Many investors just don't have enough money to invest in enough individual stocks to diversify their portfolio.
