Describe how IBM, once a major manufacturer of computers and related products, changed its business model in response to new customer needs and how B2B marketing played a role.
What will be an ideal response?
IBM provided the consulting services necessary to design the Volkswagen Group's system. IBM, which was once a major manufacturer of computers and related products, now generates 90 percent of its profits from its software, consulting, and financing businesses-all of which are considered services. Like Volkswagen Group, it requires a host of B2B products and services to support these businesses. For instance, the airlines that IBM consultants and service providers rely on to shuttle them around the globe also use a mix of products such as airplanes and fuel as well as consulting, legal, and other services.
You might also like to view...
Norwood Company signs a $11,000, 8.5%, six-month note dated November 1, 2018. The interest expense recorded for this note in 2018 will be ________. (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $935 B) $156 C) $468 D) $312
Absorption cost is required for:
a. income tax purposes. b. external financial reporting but not income tax purposes. c. both external financial reporting and income tax purposes. d. neither external financial reporting nor income tax purposes.
During the first week of January, an employee works 46 hours. For this company, workers earn 150% of their regular rate for hours in excess of 40 per week. Her pay rate is $16 per hour, and her wages are subject to no deductions other than FICA Social Security, FICA Medicare, and federal income taxes. The tax rate for Social Security is 6.2% of the first $127,200 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The employee has $80 in federal income taxes withheld. What is the amount of this employee's net pay for the first week of January?
A. $784.00 B. $644.02 C. $139.98 D. $724.02 E. $923.98
When preparing the operating activities section of the statement of cash flows using the indirect method, non-operating gains are added to net income.
Answer the following statement true (T) or false (F)