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Kobotan [32]
3 years ago
6

Information technology has advanced dramatically within the last 25 years or so. At the same time there have been significant sh

ifts in companies and the business world. Some examples of these changes are: globalization or global business; the speed at which business, people, and societies move; pressure to deliver better quality and customer service. Did the technology push the changes in the world, or was it the other way around? What evidence is opinion based upon or how did you draw your conclusions?
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
4 0

Answer:

Did the technology push the changes in the world, or was it the other way around? What evidence is opinion based upon or how did you draw your conclusions?

In my opinion the world started to change during the 1970s when Steve Jobs introduced the personal computer. Before him, only huge corporations could afford computers since they were huge and costed millions. Since then, information technology (IT) has increased in gigantic steps and when the internet was available for public use, the world as we know it changed.

When the world was struggling again during the great recession, my hero came back and changed the way IT industry again with the iPhone and the whole app culture. I am a little over 25, and I can tell that everything was very different when I was a small kid. You actually needed to read a newspaper and use encyclopedias (very large books).

Now everything is on the web and now most of us are even working using the internet. In just seconds we know what is happening in China or any other country in the world, while before all we heard about China was that were many Chinese and they were communists. IT has enabled whole new industries that boost the economy much more than any other manufacturing business ever had. The world would be a much different place if it wasn't for the Apple I, the internet or the iPhone.

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When recording variances in a standard cost system: Question 22 options: A. Only unfavorable material variances are debited. B.
Phoenix [80]

Answer: D. All unfavorable variances are debited.

Explanation:

When recording variances in a standard cost system, all unfavorable variances are debited.

The reason for this is that it should be noted that the unfavorable variances simply means that there's excess production costs, and hence this will bring about reduction in the operating income. Hence, all unfavorable variances are debited.

Therefore, the correct option is D.

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3 years ago
What is segregated fund.
netineya [11]
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3 years ago
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In perfect competition, an individual firm Question 4 options: can not affect its price nor determine the quantity it sells in t
RideAnS [48]

Answer:

sets the price and determines the quantity it sells in the marketplace.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

In perfect competition, an individual firm sets the price and determines the quantity it sells in the marketplace.

6 0
3 years ago
Dannon Co. mistakenly reported its expenses of $35,200 on the cash basis. Corporate records revealed the following information:B
Sedaia [141]

Answer:

amount of expense report = 34,250

so correct option is a. $34,250

Explanation:

given data  

expenses on cash basis  =  $35,200

Beginning prepaid expense =  $1,300

Beginning accrued expense = 1,650

Ending prepaid expense = 1,800

Ending accrued expense = 1,200

to find out

amount of expense report on books under accrual basis

solution

we know that accrual basis reflect expenses incurred during the period while cash basis reflect expenses actually paid during the year in cash

so

Expense on Cash basis is $35,200

and

Increase in prepaid expenses = expenses paid for next period

= $1800 - $1300  =  $500

and

Decrease in Accrued Expenses =  expenses paid of earlier period

= $1650 - $1200  = $450

so

amount of expense report on books under accrual basis is

amount of expense report =  35,200 - 500 - 450

amount of expense report = 34,250

so correct option is a. $34,250

4 0
4 years ago
Since 70 percent of preferred dividends received by a corporation is excluded from taxable income, the component cost of equity
Leokris [45]

Answer:

The answer is False

Explanation:

Since the 70 percent of preferred dividends received by a company is excluded from taxable income, the component cost of equity for a corporation which pays half of its revenue out as a common dividends and half as preferred dividends should ,technically be.

7 0
4 years ago
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