Briefly describe the five IT waves of innovation
What will be an ideal response?
Wave 1: Reducing Costs ? Achieve clerical and administrative savings by automating manual processes
Wave 2: Leveraging investments ? Effective use of corporate assets to increase profitability
Wave 3: Enhancing products and services ? Shift use of IT to produce revenue by gaining strategic advantage or by creating entirely new businesses.
Wave 4: Enhancing executive decision making ? Create real-time business management systems.
Wave 5: Reaching the customer ? Restructure the industry by creating new businesses using the Internet, e-commerce and wireless technologies.
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Briefly explain the negative impact of unresolved conflict on groups.
What will be an ideal response?
The least-square regression analysis method uses only two data points
Indicate whether the statement is true or false
By being first to market a product, the venture:
A. tends to lose customer loyalties to late entrants. B. secures access to important sources of supply. C. loses out to switching costs. D. can sell its products and services at a higher price.
On April 10, Amy agreed to buy a riding lawn mower from Mowers Plus, signing a promissory note and security agreement giving Mowers Plus a security interest in the mower. On April 15, Amy took delivery of the mower. On May 1, Mowers Plus filed a financing statement. Which of the following is correct?
a. Despite the agreement, Mowers Plus could not create a security interest in the mower since it is a consumer good. b. Mowers Plus has attachment of a security interest in Amy's mower. c. Mowers Plus completed the attachment of a security interest in the mower when it filed the financing statement on May 1. d. The security interest has not attached, but attachment is unimportant to enforceability of a security interest.