Discuss the various stakeholder groups that should be involved in the organization's decision to adopt a cloud-based applications software. what should be the concern of each stakeholder group?
Answers
Stakeholders are those who have an interest or are affected by an organization's operations, and they may influence or be impacted by the decisions made by the organization.
When an organization is considering adopting a cloud-based application software, there are various stakeholder groups that should be involved and their concerns should be taken into account.These stakeholders are as follows:1. Employees - Employees are a significant stakeholder group that should be involved in the decision to adopt cloud-based applications. They should be informed of the advantages and disadvantages of using cloud-based software and trained on how to utilize it effectively.2. Management - Management is responsible for making the final decision. The concerns of the management will be mainly around the cost of the software, the training required, the impact on other organizational systems, and the time frame to implement it.3. Customers - Customers are concerned about the safety and privacy of their information, as well as the accessibility and availability of the software.4. Shareholders - Shareholders want to be certain that the decision to adopt cloud-based software will increase profitability. They want to know about the organization's finances, return on investment, and other business metrics that demonstrate the company's ability to maintain profitability.5. Suppliers - Suppliers might be interested in the adoption of cloud-based software if it improves their customer's ability to collaborate and operate more effectively with their suppliers. Each stakeholder group has different concerns that must be addressed to ensure that their interests are safeguarded, and that the organization's overall goal of adopting a cloud-based application software is met. The concerns of the stakeholders are typically based on their area of expertise and level of influence. For example, employees are concerned about how the software will affect their job performance and what new skills they need to learn. On the other hand, customers are concerned about the safety and privacy of their information, and how the software will improve their user experience. Shareholders want to see a return on their investment, and the decision to adopt cloud-based software should demonstrate how it will increase profitability.The stakeholders' interests should be assessed and considered throughout the decision-making process to ensure that the best decision is made for the organization. The concerns of each stakeholder group must be understood, and the appropriate communication channels should be established to address any issues that may arise from the adoption of cloud-based software.
In conclusion, an organization must carefully examine all the stakeholder groups and their concerns before deciding to adopt cloud-based application software. Employee, management, customers, shareholders, and suppliers are the main stakeholder groups that should be involved in the decision-making process. The organization must ensure that the decision taken is in the best interest of all stakeholders, and their concerns are appropriately addressed. Proper communication channels should be established to address any issues that may arise from the adoption of cloud-based software.
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Related Questions
does the introduction of minimum wage reduce poverty?
Answers
The introduction of minimum wage will reduce poverty particularly in the formal sectors.
What is Minimum wage?The minimum wage, which is the least amount of money a company is allowed to pay its employees, is the lowest price at which an employee may lawfully sell their labor. Most countries had minimum wage legislation in place by the turn of the 20th century.
And finally, raising the minimum wage helps the majority of developing countries fight poverty. The impact of the minimum wage is insignificant because it only applies to a tiny portion of individuals who are disadvantaged and particularly excludes those working in the enormous informal industries.
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During the negative yield period, it is even more difficult to anticipate the interest rate in the future. Assume two treasury coupon bonds are newly issued and the coupon is paid annually. The dealer quotes prices for these two bonds on the current date.
Bond Maturity Coupon rate Face value ($) Price ($)
A 1-year 3.0% 100 105
B 2-year 4.0% 100 107
If the expectations hypothesis of the yield curve is correct, what is the market expectation of the price for bond B one year later (right after the coupon payment)?
Answers
The market expectation of the price for Bond B, one year later right after the coupon payment is $104.
The Expectations Hypothesis (EH) states that today's long-term interest rates are the expected average of the future short-term interest rates, plus a risk premium. In a negative yield curve, investors would anticipate future short-term rates to be even more negative, so long-term rates would reflect the expected average of future negative short-term rates. Bond A has a 1-year maturity, so in one year, it will mature and pay $100, which is the face value. Bond B has a 2-year maturity, so it will pay two annual coupon payments of $4 each and $100 at the end of year 2. Using the expectation theory, the current 1-year rate is the expected one-year rate next year. Therefore, the current 1-year rate is 4% since investors expect to earn 4% on Bond B in one year. If the bond prices are correct, the expected price for Bond B one year later would be PV(2-year coupon payments) + PV (2-year face value)= $4/(1+4%) + $4/(1+4%)² + $100/(1+4%)² = $7.58 + $91.38 = $99.96. Therefore, the market expectation of the price for Bond B, one year later right after the coupon payment is $104.
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Suppose all firms follow similar financing policies, face similar risks, have equal access to capital, and operate in competitive product and capital markets. However, firms face different operating conditions because, for example, the grocery store industry is different from the airline industry. Under these conditions, firms with high profit margins will tend to have high asset turnover ratios, and firms with low profit margins will tend to have low turnover ratios.
a. True
b. False
Answers
Explain how apple corporation helped the world to get better by its contribution in different fields of life
Answers
Explanation:
Apple is one of the largest companies in the world, and has contributed positively to the world in different fields of life. It can be said that the company has the highest standards of environmental management that contributes to the reduction of impacts caused by the company to the environment, as well as to the preservation and investments in environmental programs.
It is also correct to say that the company has revolutionized the way people communicate, with the creation of its technological devices that provided greater interaction between people, greater speed with which communication is exercised, helping in business, in the way of living, to buy and interact with the world.
Imagine you buy five burgers, two books, and a pair of jeans each period. In period 1,
burgers are $5, books are $12, and jeans are $30. In period 2, burgers are $6, books are
$14, and jeans are $28. What is the CPI based on your consumption?
Answers
Answer:
To find the answer, we use the Consumer Price Index (CPI) formula:
CPI = ( Cost of Market Basket in a Given Year / Cost of Market Basket in Base Year ) * 100
In this case, we will assume that the base year is period 1, and the given year is obviously period two.
Now, we simply plug the amounts into the formula:
CPI = ( 6 + 14 + 28 / 5 + 12 + 30 ) * 100
CPI = ( 48 / 47 ) * 100
CPI = 102.13
In other words, the inflation rate for this CPI was 2.13%
Which of the following strategies is not an effective strategy to reduce monopoly inefficiency? a. antitrust laws b. price discrimination c. doing nothing d. breaking up a natural monopoly into more than one firm
Answers
The inefficiency of monopolies cannot be reduced through price discrimination.
Monopoly is a cooperative board game with an economics theme. Players travel around the game board by rolling two dice in order to purchase, trade, and develop real estate, including homes and hotels. Players try to bankrupt their competitors by collecting rent from them. Tax squares, Chance cards, and Community Chest cards are additional methods to win or lose money. Each time a player passes a "Go" signal, they are rewarded. They can also be detained and prevented from being released unless one of three requirements is satisfied. There are house rules, numerous spin-offs, countless editions, and connected media. With local licenses in more than 103 nations and printing in more than 37 languages, Monopoly has been ingrained in global popular culture.
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how can you save money by living at home while enrolled in post secondary school or training .
Answers
Answer:training can save money on. answer choices. books but it raises costs for tuition
Explanation:
why do economists compare the individual outputs in dollars rather than the number of units produced each year?
Answers
Economists compare individual outputs in dollars rather than the number of units produced each year for several reasons. Firstly, comparing outputs in monetary terms provides a standardized measure, allowing for a more accurate comparison across different goods and services. This is because various products have different values and production costs, making it challenging to assess the overall economic performance using units alone.
Secondly, using dollar values accounts for inflation and changes in prices over time. It enables economists to compare output levels at constant prices, elimination any distortions caused by inflation or deflation. This process, known as real GDP calculation, offers a clearer picture of economic growth and productivity changes over time.
Furthermore, comparing outputs in dollars facilitates the evaluation of economic efficiency and the allocation of resources. It helps economists understand whether an economy is utilizing its resources optimally to produce goods and services that consumers demand, leading to higher overall welfare.
Lastly, focusing on monetary values rather than the number of units aligns with the primary goal of economics: maximizing society's well-being by efficiently allocating scarce resources. Comparing outputs in dollars helps assess which industries or sectors contribute more to the overall economy, informing policy decisions and resource allocation for improved economic performance and societal welfare.
In conclusion, economists compare individual outputs in dollars to provide a standardized measure for accurate comparison, account for inflation, assess economic efficiency, and align with the primary goal of economics – maximizing societal welfare.
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how does marmite use product differentiation
Answers
Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
What do you mean by the product differentiation?
The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.
It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. These comprise vertical differentiation, mixed differentiation, and horizontal differentiation.
In the financial situation of today, product differentiation is crucial. It enables the seller to highlight the distinctive qualities that make their product outstanding by drawing comparisons between their own product and those of the market's rival products.
Therefore, Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
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Dawn's bridal boutique is having a sale on evening dresses. The increase in consumer surplus comes from the benefit of the lower prices to Question 43 options: only existing customers who now get lower prices on the gowns they were already planning to purchase. only new customers who enter the market because of the lower prices. both existing customers who now get lower prices on the gowns they were already planning to purchase and new customers who enter the market because of the lower prices. Consumer surplus does not increase; it decreases.
Answers
Answer:
both existing customers who now get lower prices on the gowns they were already planning to purchase and new customers who enter the market because of the lower prices.
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
Let assume that the price before the sale and after the sale is $1000 and $800. The willingness to pay of customer A is $1500 and for customer b is $900
consumer surplus of customer A before sale = 1500 - 1000 = 500
consumer surplus of customer A after sale = 1500 - 800 = 700
consumer surplus of customer B before sale = 0
consumer surplus of customer B after sale = 900 - 800 = 100
consumer surplus of both customers increase
loans requiring periodic payments of interest and principle are referred to as
Answers
Installment loans are those that call for regular interest and principle payments.
What are the two available funding options?The two main forms of external funding are equity financing and debt financing, the latter of which refers to funds that must be repaid, frequently with interest. Money is provided in exchange for a stake in the business and possible earnings in the future.
What is a good illustration of debt financing?Debt finance consists of bank loans, loans from relatives and friends, loans guaranteed by the government (such as SBA loans), credit cards, lines of credit, mortgages, and loans for equipment.
What steps are involved in repaying a loan with reoccurring payments?Loan amortization is the process of reducing debt over time through consistent principal and interest payments. For instance, if you pay a mortgage each month, part of the payment goes toward debt reduction and part toward interest.
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Producer expectations refer to firms' expectations of ______ for a good or service that they produce.
Answers
Producer expectations refer to firms' expectations of future demand and market conditions for a good or service that they produce.
Producer expectations play a crucial role in shaping firms' production decisions and business strategies. These expectations refer to the forecasts or predictions made by producers regarding the future demand for their goods or services, as well as the overall market conditions in which they operate.
Firms consider various factors when forming their producer expectations. They analyze market trends, consumer behavior, economic indicators, and industry-specific information to anticipate future demand levels, pricing dynamics, and competitive pressures. By understanding and predicting these factors, producers can adjust their production levels, pricing strategies, and resource allocation to align with the expected market conditions.
Producer expectations influence firms' investment decisions, production planning, inventory management, and marketing efforts. If firms expect higher future demand, they may increase their production capacity, invest in new technologies, or expand their market presence. On the other hand, if firms anticipate weaker demand, they may reduce production, adjust pricing, or explore alternative markets.
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Blueroot Inc. is considering a change in its financing policy. Currently, it uses maximum trade credit by not taking discounts on its purchases. The standard industry credit terms offered by all its suppliers are 2/10 net 30 days, and the firm pays on time. The new CFO is considering borrowing from its bank, using short-term notes payable, and then taking discounts. The firm wants to determine the effect of this policy change on its net income. Its net purchases are $11,760 per day, using a 365-day year. The interest rate on the notes payable is 10%, and the tax rate is 40%. If the firm implements the plan, what is the expected change in net income?
Answers
Answer:
net income should increase by $38,448
Explanation:
net purchases per day = $11,760
net purchases x 20 days = $11,760 × 20 = $235,200
interest expense = $235,200 × 10% = $23,520
the gross amount purchased during the 20 day period:
= (net purchases × 365) ÷ (1 - discount rate) = ($11,760 × 365 days) ÷ (1 - 0.02) = $4,292,400 / 98% = $4,380,000
lost discounts = $4,380,000 × 2% = $87,600
the after tax change in net income = ($87,600 - $23,520) × (1 - 40%) = $64,080 × 60% = $38,448
which theory says that inflation occurs when the demand for goods exceeds the existing supply
Answers
The theory that says that inflation occurs when the demand for goods exceeds the existing supply is the demand-pull theory of inflation.
The demand-pull theory of inflation is one of the most commonly cited explanations for inflation. It is often contrasted with the cost-push theory of inflation, which suggests that inflation occurs when the cost of producing goods and services rises, and producers pass these costs on to consumers in the form of higher prices. While both theories have some validity, most economists agree that demand-pull inflation is the more common type of inflation in modern economies.
This theory suggests that when the demand for goods and services in an economy increases, and the supply of those goods and services does not increase to meet the demand, prices will rise. This is because consumers will be willing to pay more for the limited supply of goods and services, and producers will have an incentive to raise prices to capture this increased demand.
In conclusion, the demand-pull theory of inflation suggests that when the demand for goods and services exceeds the existing supply, inflation will occur as prices rise to meet the increased demand.
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What economic system does the amish use
Answers
Answer:
Agrarian is the economic system that the Amish use.
Answer:
The Amish live in an agrarian economy. It thrives in the midst of modern society, not because of inherent advantages, but rather because it borrows much more from that society than meets the eye.
Explanation:
what is VAT number?why we need this?
Answers
Answer:
what is a vat
Explanation:
What encourages
people to buy
shares in the
ownership of a
private limited
company?
Answers
The dividends encourage the people to buy shares in the company as they would receive a share of the profits made by business they invested in.
How much profit they'll make.
And if the company has a good potential and reputation.
Identify and elaborate on the levels of management within the selected business in terms of time
spent on management functions
Answers
The selected business has three levels of management: top-level, middle-level, and lower-level management.
Top-level management spends most of their time on strategic planning and decision-making. They are responsible for setting goals, creating policies and procedures, and establishing the overall direction of the business.
Middle-level management spends most of their time on tactical planning and implementing strategies set by top-level management. They are responsible for executing the policies and procedures.
Lower-level management spends most of their time on operational activities such as supervising staff and monitoring daily operations. They are responsible for ensuring that the day-to-day activities.
Overall, each level of management has a specific role and function within the organization, and their time spent on management activities varies accordingly.
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You hold a diversified p100,000 portfolio consisting of 20 stocks with p5,000 invested in each. The portfolio's beta is 1. 12. You plan to sell a stock with b = 0. 90 and use the proceeds to buy a new stock with b = 1. 80. What will the portfolio's new beta be?.
Answers
The new beta portfolios, which will include 20 equities and 5000 portfolios invested in each, will be 1.150.
How do I determine a portfolio's beta in capm?To calculate beta, divide the asset's standard deviation of returns by the benchmark's standard deviation of returns. The final value is multiplied by the correlation between the returns on the securities and the benchmark.
How are a portfolio's risk and return determined?The portfolio beta, which is the weighted average of the various betas, must first be determined in order to proceed. The needed return for the portfolio can then be determined using the CAPM algorithm. The portfolio A + B is anticipated to return 20%.
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Acme Inc. is surveying customers as to what kinds of services they would like the company to add. It is involved in the marketing function of
Answers
Acme Inc. is surveying customers as to what kinds of services they would like the company to add. It is involved in the marketing function of Research.
What is Marketing Research?Marketing research is the process by which organisation and buisnesses obtain systematic information through the process of
gatheringanalysisrecording of datarelating to marketing products and its customers acceptance of such products.
The major aim of Marketing Research is to produce only products which will provide consumer satisfaction.
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while all brick-and-mortar retailers face the threat of amazon and online shopping in general, why did jcpenney perform so poorly while other re-tailers such as walmart, best buy, or target fared better?
Answers
JCPenney's planned blue ocean strategy was a failure, and the company instead sailed further into the violent competition's red ocean.
Briefing:-Due of the inherent trade-offs in the underlying basic business strategies of cost leadership and differentiation, this emphasizes the risks of implementing a blue ocean strategy.
How come JCPenney failed?The company had a heavy debt load and spent the previous ten years with a constant succession of CEOs, new shop designs that failed to pique customers' interest, and projects and rebrands that failed to connect with them. With total losses of $4.5 billion, the once-loved store has been unprofitable since 2010.
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Zack buys 40 shares of ebay at the close price of $20. 95. His broker charges him 4% of each share as a transaction fee. How much did zack spend in total to buy this stock?
Answers
The amount of money that the Jack spent in order to purchase the shares of eBay is calculated to be $871.52.
The total amount spent by Zack to buy 40 shares of eBay can be calculated as follows:
Total cost = (Number of shares x Share price) + Transaction fees
Number of shares = 40
Share price = $20.95 per share
Transaction fee = 4% of $20.95 per share = $0.838 per share
So, the total cost for Zack to buy 40 shares of eBay can be calculated as:
Total cost = (40 shares x $20.95 per share) + (40 shares x $0.838 per share)
Total cost = $838 + $33.52 = $871.52
Therefore, Zack spent a total sum of $871.52 in order to get 40 stocks of eBay, including the transaction fees charged by his broker.
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Bank telers need a community college degree.
A. True
B. False
Answers
c. suppose a single buyer enters and takes over control of the industry. what is the monopsony equilibrium level of employment and wage?
Answers
The market labour supply curve determines the equilibrium market wage rate. The company will have to pay a $20 wage to hire 3 employees. As a result, the equilibrium wage is $20 and there are 3 hired workers.
The point where labour supply and demand converge is the equilibrium market wage rate. Up until the moment where the additional expense of hiring an employee equals the additional sales revenue from selling their output, employees are recruited. Any point where supply and demand converge in a market with perfect competition can serve as an illustration of the equilibrium wage. In a competitive market, supply and demand decide wages. A rise in supply or a fall in demand will raise the equilibrium wage. The equilibrium wage will decline if supply or demand fluctuates. When wages are high, workers prefer to work, and employers prefer to hire when wages are low. The salary and employment levels that are observed in the labour market are determined by labour market equilibrium, which "balances out" the competing desires of employers and workers.
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Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help.a. Trueb. False
Answers
The given statement "Business are centers that offer businesses in the critical stage of early development low-cost offices and access to basic services such as accounting, legal advice, and secretarial help" is true. Incubators provide start-up companies with inexpensive offices and essential services like accounting, legal counsel, and secretarial assistance during their crucial early development stage.
According to SCORE business counsellor Ron Consolino, the U.S. Small Business Administration asserts that five factors—drive, thinking ability, people skills, effective communication, and technical aptitude—determine a small business owner's success. These are the people who frequently use their own funds to finance companies. This investment may be made in accounting for stock or a stake in the company. When management is no longer able to personally oversee or control an organization's operations, the internal controls become crucial.
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Answer:
incubators
Explanation:
Rajiv offered his team a bonus if the team completes the project 1 week ahead of time. Rajiv is using ______ as an incentive
Answers
Rajiv is using **extrinsic motivation** as an incentive. Extrinsic motivation refers to external factors or rewards that drive individuals to engage in certain behaviors or activities. In this case, Rajiv is offering a bonus to his team as an incentive to complete the project one week ahead of schedule.
The bonus serves as an external reward that motivates the team members to work towards the goal of early project completion.
By offering a bonus, Rajiv aims to tap into the team's desire for financial rewards and use it as a means to increase their motivation and effort. The extrinsic motivation provided by the bonus is intended to influence the team's behavior and encourage them to put in extra effort, work efficiently, and meet the project deadline ahead of time.
It's important to note that while extrinsic motivation can be effective in driving short-term performance and achieving specific goals, long-term motivation and engagement are often better sustained through a combination of intrinsic motivation (internal drive and personal satisfaction) and extrinsic rewards.
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the turtle island singers receive three gifts during the current year: (a) $3,000, which may be used for any purpose at any time; (b) $5,000, which must be used for a special concert given in a nursing home; and (c) $1,000, which may be used for any purpose, but only in the next fiscal year.
Answers
The classification will be C. $8,000 as unrestricted revenue and $1,000 as temporarily restricted revenue.
What is a temporary restriction?Contributions that are subject to time and/or purpose restrictions from the donor are categorized as temporarily restricted until the recipient not-for-profit organization satisfies the restrictions.
Items that were received with a restriction put in place by the donor but will be satisfied in the future are considered temporarily restricted (generally within one year).
The Turtle Island Singers receive three gifts during the year 2012: (a) $3,000, which may be used for any purpose at any time; (b) $5,000, which must be used for a special concert in a nursing home. The unrestricted revenue will be:
= $3000 + $5000
= $8000
The correct option is C.
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The Turtle Island Singers receive three gifts during the year 2012: (a) $3,000, which may be used for any purpose at any time; (b) $5,000, which must be used for a special concert in a nursing home; and (c) $1,000, which may be used for any purpose, but only in the year 2013. When it receives the gifts, how should the entity classify them?
a. $3,000 as unrestricted revenue and $6,000 as temporarily restricted revenue
b. $4,000 as unrestricted revenue and $5,000 as temporarily restricted revenue
c. $8,000 as unrestricted revenue and $1,000 as temporarily restricted revenue
d. $9,000 as unrestricted revenue
in regard to resource leveling, why are noncritical path activities generally the first to be delayed?
Answers
Noncritical path activities are generally the first to be delayed in resource leveling because they have more flexibility in terms of their start and finish times compared to critical path activities.
Resource leveling is a technique used in project management to address resource constraints and optimize resource utilization. The critical path represents the sequence of activities that determine the project's overall duration. These activities have zero or very little flexibility in terms of their start and finish times, and any delay in critical path activities will directly impact the project's completion time. On the other hand, noncritical path activities have some slack or float, meaning they can be delayed without affecting the project's overall duration. By delaying noncritical path activities, project managers can better allocate scarce resources to critical path activities and ensure that critical tasks are completed on time. Delaying noncritical path activities allows for better resource utilization and avoids overloading resources when they are already stretched thin. It helps to balance resource allocation and ensure that critical activities receive the necessary attention and resources to meet project deadlines.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
What the Benefits of SMART TRAFFIC MANAGEMENT SYSTEM in iot
?
please in the beginning small paragraph
Answers
Smart Traffic Management Systems in IoT optimize traffic flow, enhance safety, and reduce congestion through real-time monitoring, incident detection, and data analysis.
Smart Traffic Management Systems leverage the power of IoT to revolutionize transportation management. Real-time monitoring of traffic conditions enables dynamic adjustments to traffic signal timings, ensuring optimized traffic flow and reducing congestion. By utilizing IoT sensors and cameras, these systems can detect incidents such as accidents, breakdowns, or congestion, allowing for immediate responses and appropriate interventions, such as redirecting traffic or dispatching emergency services. Furthermore, the collected data from various sources, including sensors and vehicles, can be analyzed to identify traffic patterns, bottlenecks, and peak hours.
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