Which of the following statements is true of small organizations?
A) They expand IT from one person to a small staff, but frequently this staff is isolated from senior-level management.
B) They employ only one or two IT analysts who not only manage the enterprise resource planning system, but also the entire IS department.
C) They employ several IT analysts to manage the enterprise resource planning system.
D) They have a full IT staff that is headed by the chief information officer.
B
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The primary reason large U.S. companies send U.S. jobs abroad is because labor costs are higher in the United States. Such companies are said to be engaging in _____
a. employee export b. outsourcing c. inshoring d. joint ventures
Exchange rate quotations consist solely of direct quotations.
Answer the following statement true (T) or false (F)
Sly's Used Cars just sold you a clunker (you need it to get to class on time). You financed the $4,728.48 purchase price for 24 months. They said your payment would be $250. What interest rate did they charge you (assume monthly compounding)?
A) 10% B) 12% C) 16% D) 19% E) 24%
What is an investment fund, that is comprised of short-term securities designed to generate interest for the shareholders while maintaining a net asset value (NAV) of $1 per share called?
A) Checking Account B) Investment C) 401(k) D) Roth IRA E) Money Market Funds