Answer:
1. Reduced cycle time: reduced process time in different areas.
2. Increased visibility: real-time status or availability of any process or product.
3. Increased efficiency: faster execution of each process.
4. Better quality: high quality standards of products and processes.
Explanation:
In this scenario, Sheila and her team were able to successfully implement an IS in a hospitality organization; increased visibility, increased efficiency, better quality and reduced cycle time.
That statement is False
Even though is true that export supply is a portion of the domestic supply, but the moment there's an export of products, the curve will curve above the no-trade equilibrium price ( which only stated the equilibrium price when there's no international trade)
Answer:
Without e-commerce, small firms often lack the resources to expand beyond local markets.
Explanation:
In Business, e-commerce can be defined as a business model which involves the buying and selling of goods or products over the internet.
Generally, e-commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Business to Consumer (B2C).
3. Business to Government (B2G).
4. Consumer to Consumer (C2C).
Without e-commerce, small firms who predominantly lack the resources to expand beyond local markets unlike larger business firm wouldn't be able to grow and develop into penetrating global markets.
Answer:
D. ensure that she credits the loan amount accurately to the customer’s account
Explanation:
Erin needs to address this legal responsibility, and "arranging an informal meeting with the customer" is not a legal responsibility. Similarly, C is not a legal responsibility, and in fact, it is a crime. And E is not a legal responsibility. These details are not being given at the time of sanctioning the loan. However, D is certainly a legal responsibility as Erin needs to ensure that she credits the loan amount accurately to the customer's account.
