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Agata [3.3K]
3 years ago
12

Define technology for class 7

Business
1 answer:
Dafna1 [17]3 years ago
8 0

Answer:

<h2><u>Required</u><u> Answer</u><u> </u><u>:</u><u>-</u></h2>

Technology - Technology is defined as the information about some thing. We may also use these technologies in our business

Ex :- Internet is a technology.

\\

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RexCo and Wilkinson Motors agree to contract online. Both companies agree to an encryption security procedure to verify changes
alexira [117]

Answer:A. Be able to avoid the effect of the error.

Explanation:Encryption of data or security is a process used or adopted by computer system experts or developers in order to encode or block access of other persons or organizations to an organization's information or security systems to prevent data or security breach.

The impact of the error made RexCo's information-processing can be avoided by Wilkinson Motors,this can happen because both have the password or code to gain access to the system.

8 0
3 years ago
The following information should be used to according to the provisions of GAAP (Statement of Cash Flows) and using the followin
yanalaym [24]

Answer:

                   

Explanation:

3 0
3 years ago
If demand is linear with a negative slope, then price elasticity of demand is A. Elastic in the upper portion and inelastic in t
tigry1 [53]

Answer:

<h2>In the case of a linear downward sloping demand curve,the price elasticity of demand is elastic in the upper portion and increasingly inelastic in the lower portion.Hence,the answer in this case would be option A.</h2>

Explanation:

  • Based on the common consumer psychology,any rational consumer or buyer is relatively more responsive or reactive to any certain change in market price of any normal good or service during the initial stages of purchase or consumption.
  • Hence,during the initial consumption phase,if the market price of any good or service changes by a certain proportion,then consumer demand for that product or service would also change in significant or considerable proportion.
  • However,as the rational consumer or buyer increases its consumption level of any good or service as its market price decreases progressively,he or she becomes increasingly insensitive or unresponsive towards the change or further decrease in its market price.
  • This phenomenon can be conceptually attributed to the law of diminishing marginal utility of any normal good or service which evidently advocates that as the individual consumer or buyer consumes more of any particular good or service,the additional or incremental consumer satisfaction or utility obtained from 1 more unit purchase of that particular good or services decreases progressively.In other words,the marginal utility of the consumer or buyers falls increasingly as the consumption level of any good or services increases.
  • Hence,the market value of any product or service also declines as the consumption level of any good or services increases thereby making the consumers or buyers increasingly unresponsive or non reactive as its market price decreases especially towards the later or subsequent stages of consumption or purchase.
6 0
3 years ago
A marketing team is under considerable pressure to come up with an impressive advertising campaign within fortyeight hours. If t
salantis [7]

Answer:

The phenomenon that is likely to occur is Crisis Prevention. as a result of a contingency plan put in place ahead of time by the proactive Marketing Team Lead

Explanation:

The first stage in a crisis management model  pre-crisis phase.

The pre-crisis phase is is concerned with prevention and preparation.

A proactive leader develops a contingency plan ahead of an impending crisis.

A business contingency plan is a course of action that an organization would take if an unexpected event or situation occurs. It helps to ensure preparedness for unforeseen circumstances like the one highlighted here.

Faced with the pressure to come up with an impressive advertising campaign within forty eight hours or face bankruptcy, a proactive team lead would likely save the day with contingency plan he had already worked out.

8 0
3 years ago
Student tuition at Boehring University is ​$150 per semester credit hour. The state supplements school revenue by ​$80 per semes
Butoxors [25]

Answer:

Explanation:

Revenue is $150 per semester credit hour

Materials cost = $21*45=$945

Labor cost = $4500

Overhead cost = $27,000

Total cost=$945+$4500+$27,000=$32,445

Multifactor probability = Revenue/Total cost = (150+80)*45/32,445=10,350/32,445 = 0.32

8 0
4 years ago
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