How do companies use the technology of the internet for competitive advantage?
What will be an ideal response?
When the Internet's potential started to become evident, companies looked at its outward use to gain a competitive edge. Most companies initially used the Internet technology internally, building intranets to improve company processes. Often, the first uses were publishing e-forms on the intranet with accompanying automated workflow processes. Companies now use the internet for E-business applications that allow commerce to be conducted across the internet in any time zone in the world. Competitive advantage comes from a firm's business model, not its use of IT.
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Answer the following statements true (T) or false (F)
1. For the vertical analysis of the balance sheet, the base amount is also the total of liabilities and stockholders' equity. 2. A common-size statement reports the same percentages that appear in a vertical analysis. 3. Dollar value bias is the bias one sees from comparing numbers in relative (dollars) rather than absolute (percentage) terms. 4. Benchmarking is the practice of comparing a company with other leading companies. 5. Benchmarking is the comparison of a company's current year results with a previous year's performance.
Avon is successful at giving customers alternatives to traditional store outlets. Avon uses ________, which does NOT require a customer to visit a store
A) locational merchandising B) social shopping C) mass retailing D) nonstore retailing E) broad geographic exchange
Why would a taxpayer ever elect to use the Alternative Depreciation System (ADS) rather than the MACRS?
What will be an ideal response?
The life expectancy in the United States is 78 with a standard deviation of 6 years. A random sample of 64 individuals is selected. a.What is the probability that the sample mean will be larger than 80 years?b.What is the probability that the sample mean will be less than 76.5 years?c.What is the probability that the sample mean will be between 76 and 82 years?d.What is the probability that the sample mean will be between 74 and 77 years?e.What is the probability that the sample mean will be larger than 76 years?
What will be an ideal response?