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3 years ago

Explain the difference between the concepts of Business Management and Technology Management. Provide examples.

Business

1 answer:

Verizon [17]3 years ago

8 0

Answer:

Explanation:

There is a difference between business management and technology management.

Business management refers to managing the organization's business perspective so that the direct business objectives of the organization is served.

Business management involves managing the domain, employees, looking after the business processes of an organization, etc. whereas

While technology management is used to make the business process simple and convenient through various aspects like managing the technical aspect of each and every business process and that is possible by having details about the technical aspects that are involved in all the business process of the organization.

For an organization to be successful it should possess all the required management techniques that include the business and technical aspects both.

Today the way of doing business has changed a lot and hence the organizations need to be quite diligent and effective in order to sustain and remain competitive in the industry.

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Answer:

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3 years ago

Which of the following should be included in the acquisition cost of a piece of equipment?

topjm [15]

Answer: All of these choices are correct.

Explanation:

You didn't give the options to the question. The options include:

testing costs prior to placing the equipment into production

transportation costs

installation costs

All of these choices are correct.

Acquisition cost, is the total cost that is recognized by a company on its books for the purchase of an asset. These costs include the transportation cost, installation cost, shipping cost, testing costs, sales taxes, customs fees, etc.

Therefore, based on the explanation, the correct option is All of the choices are correct.

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3 years ago

Charlotte is trying to measure her salon's productivity during the first quarter. For this period, she should divide ________ by

IRISSAK [1]

Answer:

the total salon services and products sold

Explanation:

Productivity can be regarded as ratio of output volume to that of the volume of inputs. It give the measurements of

production inputs efficiency, these input could be labour, capital. Productivity helps to know how these inputs are been used in production of given level of output in economy.

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3 years ago

If Frica Morrison a machine operator at Stanley Foundry, makes $513.66 a week and has 33 in FIT withheld, how many allowances ha

exis [7]

Using the Single's Person Weekly payroll distribution , the number of allowances claimed by Frica Morrison will be 3.

Given that :

Weekly pay = $513.66
Federal income tax withheld = 33

From the payroll table, Frica's weekly pay falls inbetween $510 - $520 ; checking along the row, we can see from the table(attached) that Federal income tax withheld of $33 falls under the 3 allowances claimed.

This means that for Frica to have $33 withheld from his weekly pay of $513.66, then he must have claimed 3 allowances.

Therefore, the Number of allowances claimed by Frica Morrison is 3.

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2 years ago

1. Classify the following cash flows as either operating (O), investing (I), or financing (F) activities. a) _____ Sold long-ter

Serjik [45]

Answer:

a) _F_ Sold long-term investments for cash.

b) _(O)_ Received cash payments from customers.
c) _(O)_ Paid cash for wages and salaries.
d) _(O)_ Purchased inventories for cash.
e) (F)_ Paid cash dividends.
f) _(F)_ Issued common stock for cash.
g) _(O)_ Received cash interest on a note.
h) _(O)_ Paid cash interest on outstanding notes.
i) _(I)_ Received cash from sale of land at a loss.
j) _(O)_ Paid cash for property taxes on building.

Explanation:

a) _F_ Sold long-term investments for cash.

e) (F)_ Paid cash dividends.
f) _(F)_ Issued common stock for cash.

Financial Decision are those what are needed to planning the new financial needs, it's necessary to decide the various scources in the capital mix of the firm.

b) _(O)_ Received cash payments from customers.
c) _(O)_ Paid cash for wages and salaries.
d) _(O)_ Purchased inventories for cash.
g) _(O)_ Received cash interest on a note.
h) _(O)_ Paid cash interest on outstanding notes.

j) _(O)_ Paid cash for property taxes on building.

The operatives decision are related to the organization of the business, which things buys and how to pay it, the managment of stock, accounts receivables / payables

i) _(I)_ Received cash from sale of land at a loss.

The Investment decision are related to how managed the assets of the company, it includes the amount of assets and composition, these decision are a cost and in a limited quantity.

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4 years ago