Describe the implications of the rapid advancements in information and communications technology.

What will be an ideal response?


Information and communication technologies involve two main activities: processing information
(e.g., storing, searching, and reproducing) and transmitting it from one location (or entity) to another.
There remains a digital divide that separates those who are connected to the digital revolution in
information and communications technology and those who have no access to the benefits of the new
technologies. Increasingly, the work environment relies on knowledge. The ability to take advantage of
knowledge can be a strategic advantage for organizations and a source of power for individuals in global
organizations. The ability to leverage ever-expanding knowledge on a global scale will be an important
future management challenge. Information technology can become an equalizer by providing ready
access to knowledge and may also have an effect on work opportunities.

Business

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_____ fulfill organizational needs for reliable data communications while relieving the organization of the burden of providing its own network management and maintenance.

A. Leased lines B. VANs C. Dial-up connections D. LANs

Business

An inventory record indicates that 12 items of a specific product are on hand. A customer purchased two of the items, but when recording the order, the data entry clerk mistakenly entered 20 items sold. Which check could detect this error?

a. numeric/alphabetic data checks b. limit check c. range check d. reasonableness check

Business

Lusk Corporation produces and sells 10,000 units of Product X each month. The selling price of Product X is $40 per unit, and variable expenses are $32 per unit. A study has been made concerning whether Product X should be discontinued. The study shows that $70,000 of the $120,000 in monthly fixed expenses charged to Product X would not be avoidable even if the product was discontinued. If Product X is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

A. ($40,000) B. $30,000 C. ($30,000) D. $40,000

Business

Which of the following is a provision of Section 8(a) of the National Labor Relations Act?

A) prohibits unions from engaging in unfair labor practices that interfere with a union election B) makes it an unfair labor practice for an employer to restrain employees from forming and joining unions C) enables employees to opt out of unions by organizing a decertification election D) permits employees and union officials to engage in union solicitation on company property

Business