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Business Fundamentals was developed by the Global Text Project,
which is working to create open-content electronictextbooks that are freely available on the website
http://globaltext.terry.uga.edu. Distribution is also possible viapaper, CD, DVD, and via this collaboration, through Connexions.
The goal is to make textbooks available to the manywho cannot afford them. For more information on getting
involved with the Global Text Project or Connexions email us atdrexel@uga.edu and dcwill@cnx.org.
Editors: Donald J McCubbrey (Daniels College of Business, University of Denver, USA) and Garry Woods
(CommerceNext LLC, USA)
Reviewer: Richard A Scudder (Daniels College of Business, University of Denver, USA)
- Describe the four components of an information system. Why is it important to consider each of them when designing and installing an information system?
- Under what circumstances might it be wise for a start-up entrepreneur to postpone investing in computer-based information systems for the organization?
- What are the major options you have for obtaining hardware, software and support from IS professionals?
- Define a “software suite”. What are the advantages of using a software suite instead of a number of stand-alone software applications?
- When should you consider using database management software instead of a spreadsheet?
- Discuss the advantages and disadvantages of open source software applications for a start-up organization
- What are the objectives of a Website? Who benefits the most from your organization’s web presence?
- When having a web presence what is the single most important objective? What is the greatest risk to a website?
- Give at least three examples of organizations that have used IS in innovative ways to gain competitive advantage. For each example, which of Porter’s framework elements does it illustrate?
- What are the three general approaches for setting an organization’s IS priorities? What are the advantages and disadvantages of each?
- Why is important for start-up entrepreneurs to pay attention to IS risk management?
- How do managers decide how much attention and resources they should devote to IS risk management?
Questions & Answers
Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
can you send the book attached ?
Ariel
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2
find mu of x for y
U(x,y) = (xÃy)1/2
find mu of x for y
Desalegn
this is the study of how the society manages it's scarce resources
Belonwu
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
difference between firm and industry
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from
Qd 120 3P
to
Qd 90 3P
and the supply function has shifted from
QS
20 2P
to
QS
10 2P .
a) Find the effect of this change on price and quantity.
b) Which of the changes in demand and supply is higher?
explain standard reason why economic is a science
factors influencing supply
scares
means__________________ends
resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Why qualify 28 supplies
Milan
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
identify a demand and a supply curve
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:
OpenStax, Business fundamentals. OpenStax CNX. Oct 08, 2010 Download for free at http://cnx.org/content/col11227/1.4
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