InfoTech Horizons, an IT company, is seeking to hire an experienced IT professional to assist the Chief Information Officer in his role. The new hire will be groomed to take on the role of the Chief Information Officer
Which of the following candidates, all of whom have good technical skills, will prove to be the best choice?A) a computer professional with good knowledge of business
B) a computer professional who uses jargon very often while interacting with internal customers
C) a computer professional who is of the opinion that people without technical knowledge should be laid-off
D) a computer professional who discourages ideas from employees about changing the information systems
A
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Which of the following is a change that took place in the legal system that led to the development of contract law in the process?
A. Courts began to shift their emphasis from protecting consumers and workers to protecting business and promoting industrialization. B. Courts today are not willing to consider defenses based on inequality of bargaining power between the parties. C. Courts are not given the authority to control any contractual relationships as they are left to private bargaining. D. Courts tend to view with great suspicion attempts by manufacturers to limit their responsibility for their products by contract.
Brigid Boats is a manufacturer of customized sailboats. In 2013, the company produced 74 boats, in 2014 it built 81 boats, and in 2015 it built 79 boats. The company’s cost of labor was $575,000 in 2013, $600,000 in 2014, and $610,000 in 2015. What direction did Brigid’s productivity growth rate change from 2013 to 2014 and then from 2014 to 2015?
a. Increase and then continue to increase b. Decrease and then increase c. Increase and then decrease d. Decrease and then continue to decrease
Which of the following concepts is important in the determination of a company's relevant product market?
A) advertising budget B) retail sales tax rate C) cross-elasticity of demand D) government spending projections
Which of the following describes the primary benefit crowdsourcing provided Local Motors? When building a new sports car, the company focused on designing essential parts like the engine and chassis that require expertise, while Local Motors had its community of hobbyists, designers, and engineers compete to design secondary exterior parts.
a. They rapidly increased the number of employees working for the company. b. They raised money quickly to fund their development. c. They saved labor costs while improving efficiency. d. They were able to employ 3D design software