John recently received his CPA license and plans to run a small tax consulting business, so he just put up a website. What advantage does his business have over larger competitors?
A. It has greater access to capital.
B. It has superior distribution.
C. It has more access to young talent.
D. It can change direction quicker.
E. It has well-defined bureaucratic systems.
E. It has well-defined bureaucratic systems.
The Internet and the World Wide Web allow almost anyone to be global, which Kevin Maney points out has two important results: (1) small companies can get started more easily; (2) small companies can maneuver faster. For example, he can be extremely responsive to tax code changes.
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Which of the following is NOT as a risk associated with ERP implementation?
a. A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system. b. Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems. c. Implementing firms fail to select systems that properly support their business activities. d. The selected system does not adequately meet the adopting firm's economic growth. e. ERP's are too large, complex, and generic for them to be well integrated into most company cultures.
Something that is essential to how you live and does not have many substitutes or alternatives is called an elastic product.
Answer the following statement true (T) or false (F)
Which statement is not true?
a. An audit objective for systems maintenance is to detect unauthorized access to application databases. b. An audit objective for systems maintenance is to ensure that applications are free from errors. c. An audit objective for systems maintenance is to verify that user requests for maintenance reconcile to program version numbers. d. An audit objective for systems maintenance is to ensure that the production libraries are protected from unauthorized access.
When a food distributor considers changing the products it markets in the southern states because of an increasing percentage of customers from Central and South America, it is examining the ____ forces at work in the southern United States.
A. economic B. demographic C. technological D. political E. legal