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Artemon [7]
3 years ago
13

You have been hired by bizcom, a business communications consultancy that services many clients in different industries througho

ut the united states, to it improve its profit margin. bizcom provides customized recommendations for the best use of a client's existing resources for improving internal communications, typically delivered via documentation in different media. the company has approximately 50 consultants, all of whom are located in its central headquarters in alexandria, virginia. what type of system do you recommend that bizcom install to improve its business processes and increase its profit margin?
Business
1 answer:
Zigmanuir [339]3 years ago
7 0

I recommend Bizcom to install <u>an extranet, to enable quick collaboration over the Internet, minimize the time spent communicating with the client, and minimize the amount of paperwork needed</u>.

<u>Explanation</u>:

Extranet is a kind of private network that helps organizations to exchange the information securely over Internet. The extranet can be used by vendors, suppliers and authorized set of customers to enable communication.

Internet helps in enabling quick collaboration and also reduces the paperwork. As all the information can be confidentially shared and stored using the Internet, the use of paper can be reduced. The time spent for communicating with the client can also be reduced.

In the above scenario, Bizcom has its consultants from various places. It is difficult to travel to every place and organize meeting. So installing an extranet can help them in keeping connected.

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Answer:

The correct answer is letter "C": distinctive; specific.

Explanation:

A company's vision refers to the image the organization wants to portrait in the long run. The vision reflects how the firm expects its future to be. It is the ideal expectation of what the entity expects to happen.  

<em>Well-conceived visions are specific, realistic but ambitious and its function is to guide and motivate employees so they can continue with their work. Besides, visions must be distinctive so other entities will not have the same organizational guidelines.</em>

6 0
3 years ago
Tony made the following table to compare two career paths that he would like to consider. Review his table. Then, answer the que
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8 0
3 years ago
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You are considering investing in a GM bond with 7 years to maturity. The face value of the bond is $1,000. The coupon rate is 6%
Lapatulllka [165]

Answer:

Price of bond is = $ 1057

Explanation:

As we know that;

Price of bond = C * [1-(1+r)∧-n] / r  +   F / (1+r)∧n

where C = periodic coupon payment = 1000 * 6%= 60

         F = Face value of bond = 1000

        r = yield to maturity = 5% = 0.05

        n = number of periods till maturity = 7 years

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              = 60 * [ 1- (1+ 0.05)∧-7 ]/ 0.05  +  1000 / (1+0.05)∧7

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              =  1057

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