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3 years ago

Chapter 2 Discussion

Business

1 answer:

Leno4ka [110]3 years ago

7 0

Answer:

1. Many people do not trust businesses that sell products online, especially if they are not familiar with the company’s name. Yet they will walk into a new business in their city and shop with little concern. What causes the difference in people’s views of online businesses versus traditional businesses?

The idea of interactive with a non human entity as a computer make people feel acquard as they distrust what are the final intentions of the person behind the e-shop. They also feel fear as ther dont know where they can go to complain about some deal gone wrong.

2. Do you agree with Dontae that it is easier to shop in an actual store in a mall than from the same business online? Why or why not?

No, it is easier to buy online as the person do not need to expend the same time an energy in going and buying from a mall

3. What is your opinion of Jillian’s comparison between entering a credit card number online and handing the card to a clerk who checks it using a telephone line from the store to the credit card company?

I agree, it is the same as buying online, as the clerk could commit a crime as well as the person that is in the telephone.

Chapter 2 Discussion

4. What do you think of Toni’s idea of downloading music for free? Do you think this is legal? How can Toni be sure that she is engaging in legal and ethical behavior when she uses the freemusic site?

Is a good idea and it depends in the type of page you are browsing. If the internet page has a disclaimer saying that the music that is offering is free to download and is legal there is no unethical behavor in it.

Explanation:

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When a service organization provides services that affect the initiation, execution, processing, or reporting of a user company'

chubhunter [2.5K]

Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.

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4 years ago

Bensalem is a small country; it had only 10 people and the GDP of its economy was $10,000 in 2014. Amazingly, the GDP in Bensale

marin [14]

Answer:

The GDP will increased by 33.33% in 2015

Explanation:

2014 GDP 10,000

population 10

GDP per capital 10,000 / 10 = 1,000

Then, 2015 GDP 20,000

population: 10 + 50% = 15

GDP per capita : 20,000 / 15 = 1.333,33

percentage increase of the GDP per capita:

1,333.33 / 1,000 - 1 = 0.33333 = 33.33%

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4 years ago

Read 2 more answers

rons woodworking supplies high quality wooden bowls made from xotic hardwoods form around the world for its customers Ron has hi

motikmotik

Answer:

1. the demand for exotic hardwoods : if the demand for the exotic hard woods is low, Ron would want to reduce his scale of production. As a result, they would reduce their demand for labour. If the demand for exotic hardwoods is high, they would increase their scale of production and increase their demand for labour

2. the price of exotic hardwoods : if the price of exotic hardwoods falls, the profit that would be made from selling exotic hardwoods would reduce. As a result, the firm would want to reduce their supply of exotic hardwoods. This would lead to a decrease in demand for labour. If on the other hand, the price of exotic hardwoods increases, to increase their profit, Ron would increase the production of exotic hardwoods and as a result increase its demand for labour

Explanation:

Ron's demand for workers is known as derived demand. Derived demand is when the demand for a good or service depends on the demand for another good or service

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3 years ago

Answer each of the following independent questions. Required: Alex Meir recently won a lottery and has the option of receiving o

Lady_Fox [76]

Answer:

option 1

$4,056,237.49

Explanation:

To determine the better option, we have to determine the present value of options 2 and 3

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

option 2

Cash flow in year 0 = $34,000

Cash flow in year 1 to 6 = $9,300

I = 7 %

PV = 78,328.82

Option 2

Cash flow in year 1 to 6 = $$18,400

I = 7 %

PV = 87704.33

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

It is the first option that has the highest value

The formula for calculating future value = A / annuity factor

Annuity factor = {[(1+r) n] - 1} / r

P = Present value

R = interest rate

N = number of years

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3 years ago

Adventure holidays sells thousands of tour packages each month through its branches. a branch manager's salary would be a(n) ___

kherson [118]

I think for this item, it will be acceptable if we suggest that the branch manager's salary would be increased. It is through him/her and the dedication of the team members that the sales are very high. If the salary is not increased then, the manager and the team should be compensated for the job well done.

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3 years ago