Identify the seven drivers of m-commerce
What will be an ideal response?
The seven drivers of m-commerce include widespread availability of more powerful mobile devices, the handset culture, the service economy, vendor's push, the mobile workforce and mobile enterprise, improved price/performance, and improving bandwidth.
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Which one of the following statements regarding internal control is true?
a. Companies can design a system of internal control that is foolproof. b. A well-designed internal control system is a luxury that few companies can afford. c. It is easier to implement an effective internal control system in a small company because of the limited number of employees. d. Large companies are able to devote a substantial amount of resources to internal control systems because these companies have the assets to justify the cost.
Concurrent engineering, which has dramatically reduced the development time for new products, relies on what kind of lag?
A. Start to Start lags B. Start to Finish lags C. Finish to Finish lags D. Finish to Start lags E. Any of these could be correct
The bullwhip effect reduces the profitability of a supply chain by making it simpler to provide a given level of product availability
Indicate whether the statement is true or false.
Bankers and other potential investors will often refuse to see an entrepreneur who does not have a ________.
A. complete business plan B. sales forecast C. resumé D. marketing plan