State Moore's Law and describe its effects on the business environment
What will be an ideal response?
Moore's Law states that the number of transistors per square inch on an integrated chip doubles every eighteen months. Because of Moore's Law, the ratio of price to performance of computers has fallen drastically, and the cost of data processing, communications and storage is essentially zero. Moore's Law has led to trends of new apps, more access, more data, and greater mobile use are rapidly changing the way businesses use IT. In addition, the opportunities they present to connect to customers throughout the world and improve business activities within the organization mean that IT is more important to business today than any time in history.
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The philosophy of customer satisfaction permeates the world-class firm
Indicate whether the statement is true or false
Commercial paper may serve as a substitute for money payable immediately, or it can be used as a means of extending credit.
Answer the following statement true (T) or false (F)
Supervisors should keep daily records of the number of calls made, number of not-at-homes, number of refusals, number of completed interviews for each interviewer, and the total for all interviewers under their control
These daily records are a part of ________. A) quality control and editing B) control of cheating C) central office control D) sampling control
Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $15,000. If the issuing corporation redeems the bonds at 97.5, what is the amount of gain or loss on redemption?
A) $10,000 loss B) $25,000 loss C) $25,000 gain D) $10,000 gain