Why is technology such an important factor of production?

What will be an ideal response?


Effective use of technology can make the difference between a successful and an unsuccessful business. Successful companies are able to keep pace with technological progresses and harness new knowledge, information, and strategies. Unsuccessful organizations often fail because they have not kept pace with the latest technology and techniques.

Business

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Which type of control is considered a compensating control?

a. segregation of duties b. access control c. supervision d. accounting records

Business

______ is harassment that occurs when some type of benefit or punishment is made contingent upon the employee submitting to sexual advances.

A. Reasonable person B. Sexual harassment C. Hostile work environment D. Quid pro quo harassment

Business

Subsidiary account receivable ledgers can be any of the following except:

a. kept in alphabetical order by customer name. b. kept in numerical order by customer number. c. posted to daily. d. control accounts.

Business

________ is a requirement that a greater than majority of shares constitutes a quorum of the vote of the shareholders

A) Supramajority voting B) Shareholder majority voting C) Quorum share voting D) Cumulative voting

Business