It is important to understand the nature of the business you work for as an analyst. Contact some information systems developers and ask them about their employers. Do they seem to know a lot about the nature of the business? If so, how did the
developers gain that knowledge; for example, was it through self-study, formal training or course work, or on-the-job training via participation in system development projects? What are the developers' plans for the future; for example, do the plans involve more training, more courses, or working on projects in specific business areas?
Students should find that analysts: 1) know a lot about the business, 2) took some classes related to the specific industry, and 3) probably think it would help to take more. This is an opportunity to debate about the importance of general business courses versus information systems courses versus industry-specific experience.
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Urban Company reports the following information regarding its production cost:Units produced 20,000unitsDirect labor$13per unitDirect materials$18per unitVariable overhead$11per unitFixed overhead$110,000in totalCompute production cost per unit under variable costing.
A. $13.00 B. $18.00 C. $42.00 D. $36.50 E. $31.00
A function of the likelihood of a given threat and the resulting impact of that adverse event on the organization best defines
A) risk. B) problem. C) occurrence. D) threat.
An annuity due differs from an ordinary annuity in that the payments occur at the beginning of the period instead of at the end of the period
Indicate whether the statement is true or false.
Quality control charts usually have a central line and upper and lower control limit lines. Which of the following is a reason that the process being monitored with the chart should be investigated?
A. Behavior is normal. B. A single plot falls above or below the control limits. C. A large number of plots are on or near the central line. D. There is a change in raw materials or operators. E. There is no real trend in any direction.