Business Management Questions And Answers Essay

664 words - 3 pages

1. What is information technology? How has technology influenced the economy?Information technology is the process and applications that create new methods to solve problems, perform tasks, and manage communication. Technology has influenced the economy by it has been a driving force in advancing the economic systems and the quality of our lives.2. Define data, knowledge, and information. Why is information important in business?Data is numerical or verbal descriptions related to statistics or other items that have not been analyzed or summarized. Knowledge is the understanding of data gained through study or experience. Information is meaningful and useful interpretation of data and knowledge that can be used in making decisions. Information is important in business because there is a lesser risk with making decisions. The more informed decisions could be made when more information is available, this can simplify and improve decisions for the future circumstances.3. What is the purpose of a management information system and how is it used?The purpose of a management information system is to obtain data from both internal and external sources to create information that is easily accessible and structured for user-friendly communication to managers. It is used for organizing and transmitting data into information that can be used for decision making.4. How has the evolution of the Internet affected the world?The evolution of the Internet has affected the world by it links many networks together and has made it much easier for people to communicate, learn, do business, and find entertainment.5. What is an intranet? An extranet? How are they used?An intranet is a network of computers similar to the Internet that is available only to people inside a certain organization. An extranet is a network of computers that allows selected companies and organizations to access the same information and may allow collaboration and communication about the information. Intranet is used by it allows employees to participate in creating information useful throughout the organization. Extranet is used by allowing users to share data, process orders, and manage...

Find Another Essay On Business Management questions and answers

Chattanooga Ice Cream Division Questions and Answers

634 words - 3 pages a) What is your assessment of the effectiveness of the management team at Chattanooga Ice Cream? List specific examples needed to support your assessment. The drastic changes that were occurring at this division have everyone confused and uncertain of their future. They do not want to be involved in any decisions regarding the company, due to they never had before. This has affected their effectiveness for the whole as a team. EX: When asked

More Questions from Answers: Belief and Reason

1015 words - 4 pages Surname 1NameProfessorCourseDateMore Questions from Answers: Belief and ReasonThe concept of God or gods presents a question of loaded terms, because this same word represents a global variety of belief systems regarding the existence of one or more gods- if any. Once a system of belief takes hold within a group of people, the believers usually start by explaining their beliefs, their reasoning, the source of their system, and how their religion

Questions and Answers: The Apple of Your iPhone, iPad, Ipod

988 words - 4 pages 5 Questions and Answers About The Apple Company

Religiological Questions and Answers

1151 words - 5 pages questions/ would like more specific examples feel free to ask! 1. Epistemology- Inquiry into knowledge What constitutes valid knowledge and how to interpret that knowledge? What do you rely on in order to gain knowledge? What should be used to understand and properly interpret that basis of knowledge? Is there a basis for valid knowledge/ truth? The foundation of valid knowledge depends on one’s personal understanding. To “know” means to

Shakespeare questions and answers.

672 words - 3 pages Shakespeare Questions1. What are the principal sources of our knowledge of his life?There are a lot written about him, since there are too much different facts, we don't know which is correct.2. What is known of Shakespeare father? His mother?his fathers name was John Shakespeare. He was a glove maker a shop keeper and a bailiff.3. Mention the dates and places of Shakespeare's birth and death.he died in Stratford on April 23 1616 and was born on

How to Write a Research Paper: Questions and Answers about Falcon Norhtwest

1417 words - 6 pages : Formulate Research Questions If I demand work for this company, I deem it essential to know more about the company. Beneath is a list of the questions I want to find the answers to when I do my research. • How large a company is ? • What does the company make, do, or sell? • Where is the company located? • What is its financial base/stability? • What is its mission? Step 4: Find Sources First Source: Falcon NW website If I worked for

Sociology, Scenario Questions, and Answers

590 words - 2 pages basically going circles in my mind, it doesn't make it even worth coming.How might the surroundings affect the interview?The office being messy, cluttered, and dirty, would be a distraction to me, and would probably not benefit the interviewer with any resolution to precise answers. My concentration would be little to none.· You are at home when the incident takes place. You have been so busy that you have been unable to even tidy up the

Questions and Answers about Allergies

2655 words - 11 pages Question 1: (Amani) It is very important for Physicians, researchers, and patients to understand the terminology used to define allergic diseases. Failure to do so can lead to inappropriate advice, prevention and ineffective treatment. The term allergy is commonly refers to reactions or conditions related to an IgE antibody-mediated immunological mechanism following antigenic exposure. Antigen is a material that is capable of initiating an

Questions and Answers about Baggages

2635 words - 11 pages /International flights Flights between Argentina and Excess charged per kilo Montevideo Punta del Este Santa Cruz de la Sierra USD 6 Asunción Santiago de Chile Bogota Florianopolis Rio de Janiero San Pablo Puerto Alegre Brasilia Belo Horizonte Lima* USD 8 Flights from Lima to Argentina USD 6 + IGV (18%) Flights from to Europe FARES PROMO ECONOMICAL FLEXIBLE BUSINESS CLASS Between 24 and 32 kg USD 60 EUR 60 PER PIECE USD 60 EUR 60 PER PIECE

Things Fall Apart: Questions and Answers

554 words - 2 pages 3. Whites often referred to Africa as the “Dark Continent,” a place of evil. Considering Igbo traditional beliefs and the colonial encounter between Britain and the Igbo, where is evil located in this book? In the Things Fall Apart, Achebe (1969) portrays Nigeria at a time when the arrival of the British was intrusive as they crept within Nigeria’s borders and made an overwhelming influence while they claimed that Nigerians were

Answers and explains questions pertaining to ethics

977 words - 4 pages 2. There are a number of reasons why people should be generally moral. The main reason being is a good sense of morality will promote human flourishing and ameliorate human suffering more so than if people were not moral, or people were all strict ethical egoists. Without people acting morally the world would be an even more chaotic place, there would be no or very little regard for other humans as well as little regard for the

Similar Essays

Business Management Questions And Answers Essay

635 words - 3 pages by people.3. Who are the main participants of business? What are the main activities? What other factors have an impact on the conduct of business in the United States?The main participants of business are employees, customers, and owners. The main activities are management, marketing, and finance. The other factors that have an impact on the conduct of business in the United States are economic systems, the free-enterprise system, the concepts of

Accounting Questions And Answers Essay

3250 words - 13 pages is not clear accountants may be asked to engage in "earnings management". What is earnings management and why would a business do it?Expenses are decreases in owner's equity that occur from using assets or increasing liabilities to deliver goods or services to customers. Expenses are the cost of doing business, i.e. Rent/salaries/insurance/electricity and gas/ use of supplies/ interest on loansAn expense is something with no real lasting value

Questions And Answers To Lincoln Electric Case Study By Harvard Business School.

858 words - 3 pages system to other countries and the utilization of management controls to monitor it.*External: It was unreasonable to expect, considering the extensive experience with the US labor markets and the period of time required to customize the incentive system to fit a very specific culture, that it could be instantaneously transferred to a different business environment. It is clear that the rewards offered through the incentive plan did not have the same

Questions And Answers: History Of Information Systems

975 words - 4 pages the sake of my business needs. This because the enterprise architect depends on how well the management of the organization is ready to follow the guidelines as outlined. The enterprise architect additionally is cost effective and creates a positive impact towards organizational operation. The use of tool has benefited organizations in many ways. References Donohoe, P. (1999). Software architecture: TC2 first Working IFIP Conference on Software