Answer:
<u>Transaction - processing systems</u>
<u>Explanation:</u>
For simplicity, since record-keeping, simple clerical operations, and inventory control are all related to transactions, then transaction-processing systems refer to systems that ensure that such transactions are successfully carried out.
For example, online retail outlets use transaction-processing systems to control inventory, as this system is responsible for noting every successful order of their listing page.
Answer:
The correct answer is letter "B": learning.
Explanation:
Learning organizations are those that share and use knowledge in such a way that all their members, without exception, can take advantage of it to face changes. Learning organizations promote constant training and the spread of information across all their layers.
Learning organizations also look for developing employees' skills, incentivize a shared vision, foster teamwork, and generate systemic thinking to understand all the aspects of the institution.
Answer:
Annual deposit= $188,842.66
Explanation:
Giving the following information:
Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million.
n= 15 years
i= 10%
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (6,000,000*0.10)/[(1.10^15)-1]
A= $188,842.66
Answer:
The markup calculated as a result of information about the elasticity of demand
Explanation:
As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.
There are three facts about markup:
1. The Markup is not to be a price below marginal cost of the pharmaceutical product.
2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an
increase in revenue for the seller.
Therefore having a -4 elasticity of demand could imply more profits for the firm.
Answer:
D.
Explanation:
Variety of sales jobs: There are hundreds, maybe thousands, of different types of sales positions. Almost every good or service you know of has a salesperson who sells it to one or more people.
Types of sales jobs:
-Retail sales person. Sells goods or services to consumers for their personal use.
-Wholesale sales person. Buys products from manufactures and sell to other organizations.
-Manufacturer’s sales representative, typically sell directly to wholesalers or retailers.
-Order taker: usually will ask the customer what he/she wants or wait for the customer to order. They do NOT have a sales strategy and often use no sales presentation. Example: think of a waiter.
-Order getter: get new and repeat business using creative sales strategies and a well-executed sales presentation.
