Describe strategic planning support, which is a strategic requirement for a global information system (GIS)


Strategic planning support is the core of any global information system (GIS), a focus on regionalizing resources more effectively and responding to rapid environmental changes, such as increased political and foreign exchange risks and global competition.

Business

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Given free trade, small nations tend to benefit the most from trade since they

a. are more productive than their large trading partners. b. are less productive than their large trading partners. c. have demand preferences and income levels lower than their large trading partners. d. enjoy terms of trade lying near the opportunity costs of their large trading partners.

Business

In Keegan Corporation's most recent fiscal year, the company reported pretax earnings of $215,000. Fixed costs totaled $325,800, the unit selling price of the firm's only product was $60, and the variable costs per unit were 40% of the selling price. Based on this information, the firm's break-even point in units was:

A. 9,050 units. B. 13,575 units. C. 15,023 units. D. 13,750 units. E. 8,750 units.

Business

What term describes the capacity to focus on and sustain new ideas?

a. expanding b. challenging c. securing d. exposing

Business

Misstatements or misrepresentations in an application for insurance can affect the amount of a premium but cannot void a policy

Indicate whether the statement is true or false

Business