A) The SBAB) A website and other technological advancesC) An incubator facilityD) Partnering with a large U.S. recording studio. Many clinics and hospitals today are planning to implement automated systems controlled by physicians. B) included in the mission statement.C) nonspecific. Applicants can respond quickly to job postings by sending electronic responses. Email is just one of the types of electronic communication available to us. asked Jul 20, 2019 in Business by Sleepy. 93) The team experts in a matrix organization remain part of the traditional line-and-staff structure. Reduced time to benefit cars houses getting a haircut going to a movie. Automation - Automation - Advantages and disadvantages of automation: Advantages commonly attributed to automation include higher production rates and increased productivity, more efficient use of materials, better product quality, improved safety, shorter workweeks for labour, and reduced factory lead times. 30) tariffs are designed to raise money for the government. Like most technologies, there are advantages and disadvantages of virtualization that must be considered before fully implementing a system or plan. 16) Brain drain is the loss of the best and brightest people to other countries. 22) In perfect competition, each firm produces a product that is clearly differentiated from the products of other firms in the same market. It should be noted that Productivity increases is an advantage of utilizing technology all over the world. 65) The easiest businesses to start also have the least growth potential and the greatest failure rates. Advantages and disadvantages of technology. A) Peter Drucker B) Max WeberC) Adam Smith D) John Keynes. 43) Overly ambitious business goals and employee incentives can lead to unethical behavior. 18) The four basic types of unemployment are frictional, structural, seasonal, and: A) procedural. One of the clear disadvantages of technology. Computers increase your productivity and, with a good understanding of the software running on them, you … 19) The market price of apples is currently rising. D) Employees demand it. Either way, it’s likely that improved communication will make your job easier and less stressful. Today, "The Eyes Have It" has grown from that single outlet to a medium-sized company with dozens of stores located in six states, and a manufacturing plant that turns out designer frames. Employees are now luckily able to make use of the many advantages of email. These concerns illustrate how businesses can be affected by: A) demographic trends. The growing awareness of the advantages provided by virtualization technology is brought about by economic factors of scarce resources, government regulation, and more competition. B) business. From progressed nations to under-developed countries, every nation is utilizing the power of social media to enhance life and use it for the bitterness of the people. Below is a list of the main advantages and benefits you'll get and society gets from using a computer. So if you go for a count, the many advantages can suppress the disadvantages of using a proxy server. A recent Verizon study showed that 77% of businesses feel cloud technology gives them a competitive advantage, and 16% believe this advantage is significant. She is concerned about the long-term prospects for such a business. The study indicated that the U.S. market is just about saturated and growth of "The Eyes Have It" stores will be very limited. C. Productivity increases. Which of the following is an advantage of electronic communication within organizations compared to other methods? Calculate the final discrete available-to-promise quantity for Week 1 using the following table. Mobility and collaboration. Advantages. She likes to point out that in recent years the governments in many socialistic nations have cut back on government services and have reduced taxes. 42) An accurate statement regarding this chapter is: "Business law establishes ethical behavior.". People are connected through the internet networks and social media. Write an explanation of the idea of organizational health that includes refers to the key components of an organization that would be assessed to conclude its health. Advantages of using MVC framework 1. There is always the threat of an accident when working with nuclear energy. Your message will be more effective . The best way to accomplish these goals is to departmentalize Topdown's organization by function. Write "V if the statement is true and 'Ft if the statement is false. Technology is everything from phones to software programs that make businesses more efficient and productive. List of the Disadvantages of Nuclear Energy 1. 91) believed that managers were trustworthy and companies would do well if employees simply did what they were told. Student privacy and security of data must be addressed. It always has a gap to go. With the advent of the Internet, Tyler, a certified tech-nerd, is being courted by companies to write the next generation of antivirus software. The Advantages of Virtualization. Internal information is in a form that is useful for making marketing decisions. 28) Any corporation that exports at least 50% of its total output can be classified as a multinational corporation. Technology increases the cost of production. 99) A business incurs a if its costs and expenses exceed its revenues. Hospitality industry and tourism have used this opportunity to share ideas on various businesses. The bond is selling at a bond-equivalent yield to maturity of 6.0%. Although there are disadvantages to using a computer, we believe the advantages greatly outweigh the disadvantages (although we may be biased). If an MVC model is used to develop any particular web application then it is possible that one programmer can work on the view while the other can work on the controller to create the business logic of the web application. Furthermore, It permits using two or more local area networks (LANs) technology in the same network such as Ethernet and Toking ring (Cisco 2005; PSI 2000). Stay connected while moving throughout your work site. It reduces time and expenses devoted to traveling. Management becomes isolated from the demands of stakeholders. Access up-to-the-minute communications and all documents and apps on the network, anywhere, anytime. Technology reduces the need for a marketing plan. Which of the following is an example of a company employing a specialization strategy?Select as many as apply. The way technology is growing, it is obvious that more and more people are going to grasp its benefits. Advantages of Mobile Marketing Easy access. 69) Jake wants to sell his workout DVDs in the European, Asian, and Latin American markets. If it is a high-net worth client, with the potential for high commissions on sales, the incentive to steal a fellow worker's client exists because the firm's culture has not established integrity-based ethics to deter this activity. 31) The nation of Redland reported that its imports for the previous year were $4 billion greater than its exports. Pepsi will receive royalties on each case of beverage sold. Companies and organisations are attracted by the cost-effective technology allowing employees to work together anywhere, at any time using any internet-enabled device. TRUE/FALSE. 40) Considering the potential impact on others prior to making a decision is consistent with behavior. Write 'T' if the statement is true and Ti if the statement is false. 88) When we experience economies of scale, this means that as production levels rise make more of something), the cost of supplies and the cost of labor that go into the production go down. c. Enables the company to utilize a single centralized database system, thus eliminating duplicate data entries . Globalization Digital technology can refer to physical devices that store, send, or use digital information, such as personal phones, tablets, or CD players. However, even the strongest advocates for corporate responsibility can't seem to agree: A) on what social responsibility involves.B) if all businesses, large and small, should be held to the same standards.C) who should be policing businesses' behavior.D) if politicians should be held to the same standards of behavior. 81) Managers or teams of managers at the lower levels of an organization normally develop strategic plans, but top managers do most of the tactical planning. The advantages and disadvantages of GMOs is a necessary conversation we must have. View 1.3 questions from MBA 500 at Bellevue University. 224.Which of the following is an advantage of utilizing technology? D) a foreign subsidiary. A. A) loss B) dividend C) debit D) liability, What are some possible reasons poor performance that are more the responsibility of the project manager than of the individual? Productivity increases. 26) Brain drain has occurred in many socialistic nations because: A) the government does little to protect the natural environment.B) socialism encourages an unequal distribution of income, leaving many without medical and social services.C) workers tend to have to work longer hours and receive fewer benefits under socialism.D) tax rates on well-respected professionals such as doctors tend to be very high. 24) Thomas Malthus believed that people in most countries would never be able to achieve high standards of living unless the problems of overpopulation were addressed. There are many advantages to using blockchain technology compared to other traditional technologies. It seeks to measure the impact of ICT on students’ outcomes. A) Social progress can only improve when there is a strong labor pool to draw from.B) The foundation for social progress is a handful of wealthy entrepreneurs willing to spread the wealth.C) Social progress will evolve when capital is apportioned to everyone in equal amounts.D) A city, state, or nation's social progress needs the right business environment. Productivity increases. B) Apple decides to create a phone that is unlike any other phone on the market. 63) One advantage enjoyed by small businesses in international markets is that overseas buyers like dealing with individuals rather than large corporate bureaucracies. 1 points QUESTION 2 1. Noelle's diamond ring was stolen in November 2017. If you devote sufficient time to planning a business message before you begin writing it, you can expect all of the following outcomes EXCEPT. b. 76) Which of the following would be a concern addressed in a strategic plan? System analysts, computer programmers, web designers, hardware and software developers and many other new opportunities created by information communication technology (ICT). 4) Jill is looking into the possibility of opening up a day-care center in her community, because she is aware of many single-parent families that need a place for their children to stay while the parents work. A) Revenue B) Profit C) Regulatory D) Price. A recent internal audit, however, suggested a problem that Rhett had not anticipated. Under these conditions, Brett should maintain his free-rein style of leadership. Which of the following is an advantage of utilizing technology? 87) Which of the following statements explains the unity of command principle of management? Technology now plays a big role in the medical domain. 52) A limited liability company is similar to an S corporation, but without the special eligibility requirements. Prepare a paper using your organization, or one that you are familiar with, and have access to the necessary information in order to identify an issue that can be improved b, Do you agree with the results of your assessment? MULTIPLE CHOICE. And it is always the truth that both advantages and disadvantages can be found in any technology. A) Profit B) Interest C) Revenue D) Dividends. Post in Education . Write 'I' if the statement is true and 'F' if the statement is false. Technology reduces the need for a marketing plan. C) Management becomes isolated from the demands of stakeholders. Jill believes the future of her day-care business will depend on whether birth rates and the number of single-parent families remain high. 49) Which of the following is a reason why a business should be managed ethically? 1. Which of the following is NOT a common module of ERP systems? Management becomes isolated from the demands of stakeholders. A) Walmart decides to pressure its suppliers to keep costs as low as possible. D) attainable. 96) Division of labor is difficult to achieve in small businesses. B) cyclical. 79) A key to effective leadership is the ability to: A) maintain an autocratic approach to dealing with others.B) maintain order, stability, and control.C) master the technical details of the jobs performed by subordinates.D) communicate a vision and rally others around that vision. Based on the results of your assessment, what do you see as your strengths and weaknesses? She takes comfort in the fact that new technologies if installed properly are seldom used in unethical ways. These are microchips that store all the necessary information in them. 54) The fairest way to handle profits in any partnership arrangement is to divide things evenly. Her employer is considering providing family leave. As doctors regularly look for better ways to treat people, technology has brought numerous great advances to the medical field. From the day he opened his first store, Rhea's plan met with resounding success. He opened a specialty store called "The Eyes Have It." Organizational behavior is the study of human behavior in organizational settings, the interface between human behavior and the organization, and the organizational itself. UESTION 1 Which of the following is an advantage of utilizing technology? Fuel cells have a range of applications. D. Internal information sources are easy to manage. But what are the advantages of online workspaces when compared to traditional methods of working with colleagues and stakeholders? In a work place, communication is extremely important. It reduces IT costs and business expenditure. Schmidt was referring to basic organization principles such as division of labor, specialization, and getting the departments running smoothly. A) Decentralized authority B) Standardized authorityC) Uniformity of authority D) Specification of authority. Users can choose public, private or hybrid storage offerings, depending on security needs and other considerations. Flexibility. Find the duration of a bond with a settlement date of May 27, 2020, and maturity date November 15, 2031. p 14 Which of the following is an advantage of utilizing technology A. P 14 which of the following is an advantage of. 97) When Eric Schmidt joined Google he tackled the organization function head-on. By understanding and learning what advantages and disadvantages it can bring, we have to try, believe and put an effort with our best to make that existing advantage much better and navigate the disadvantages to have a less impact on organizations and society. Planning. And are there any drawbacks? You will complete this paper thro, In your own words, define organizational strategy. It’s worthless to mention nowadays that technology is playing a very important role in every aspect of life. Automation - Automation - Advantages and disadvantages of automation: Advantages commonly attributed to automation include higher production rates and increased productivity, more efficient use of materials, better product quality, improved safety, shorter workweeks for labour, and reduced factory lead times. 21) Deanne is a vocal critic of socialism. The development is mainly observed in the form of dedicated software applications and a number of hardware programs. Sweet manufacturing is planning to sell 400,000 hammers for $6 per unit. 46) When Angela graduated with a degree in computer science and started her software company, she posted a sign that read, "This company will always operate within the legal limits of the law." 15) A surplus currently exists for a product called widgets. Because of technology, companies can act faster, make quicker decisions, and remain adaptability; Less wastage and optimal usage of all other resources can be controlled ; Monitoring of employee performance is made easier ; The Benefits of Technology have Come a Long Way Which of the following is an advantage of utilizing technology? But don’t you think it is making you moron day by day. So go and give it … Advantages of technology. A) Outsourcing B) Bench/narkingC) Virtual distribution D) Functional sharing. This is an example of: A) a joint venture. Cloud infrastructure scales on demand to support fluctuating workloads. The contract calls for the South African firm to produce and market Pepsi Cola in South Africa. B. Write 7' if the statement is true and I" if the statement is false. As recruiters begin to migrate into the digital realm, online recruitment has quickly become the preferred means of talent scouting.As a result, many companies are now paying closer heed to their online recruiting strategies, with social media proving a particularly effective way of sourcing new employees.. With the aim to draw evidences regarding the advantages and benefits of ICT in schools achievements. 6) Effectiveness means producing goods and services using the least amount of resources. Recent evidence suggests that Deanne's views are essentially correct. In a free-market economy, the most likely explanation of this price change is that: A) the supply of money has decreased.B) the equilibrium price is lower than the market price.C) the government has decided to set a higher price so that firms competing in the market make an adequate profit.D) there is a shortage in the market for apples. A) anti-social B) ethicalC) legal D) self-motivated. 82) Brett heads a department in a major manufacturing corporation. 90) Top management at Topdown, Inc., wants to encourage communication among different departments to prevent employees from becoming narrow specialists. Question: An Advantage/benefit Of Utilizing An ERP System Includes Which Of The Following? Cual de los tres tres grandes grupos culturales que predominan en america latina te parece que tiene mas en nuestro pais y porque, The diffusion of jeans is a good example primarily of the, Suppose you want to establish a business. An advantage of utilizing technology is that it increases productivity. Write m if the statement is true and 'F' if the statement is false. Another advantage of technology is that it has facilitated globalisation. During the same period, Redland reported a favorable balance of payments. 66) While the Small Business Administration provides management advice to new business owners, it is not empowered to provide financial assistance. There is still some cautiousness about adapting an existing production line, with some reasonable objections posed by those yet to try the technology. 17) is considered by some to be the father of modern economics. Write your answer in the space provided or on a separate sheet of paper. Which of the following illustrates a firm that has achieved competitive advantage through delivery? Loss of "human moments," burnout caused by long hours of being close to technical tools of work, and lack of guidance for inexperienced employees are among the disadvantages of. Modern medicine has benefited the most with better information system using the latest information technology. 1) An activity which seeks to earn a profit by providing a good or service is known as a(n): A) corporation. Which of the following technology resources support communication and collaboration? Technology increases the cost of production. Homework Help. D) horizontal merger. 25) Which of the following people would tend to favor a socialist economy? The world has been constricted into one small village. Based on your budding understandin. One major advantage of internet communication is the creation of new and exciting jobs. 34) Pepsi Cola entered into a long-term contract with a South African beverage company. 64) The Small Business Administration's microloan program offers small businesses very small loans. TRUE/FALSE. d.Management becomes isolated from the demands of stakeholders. WiFi technology offers many advantages to networking in schools. 8) Currently people between the ages of 45 and 54 are the richest group in the United States. How might your personality type in, Determine if the employee will be exempt or nonexempt and discuss how overtime will be handled. 14) Sue is a single mother with two small children. 94) In recent years, large organizations have tried to improve their efficiency in communication and decision making by: A) restructuring into a bureaucratic organization.B) creating specific rules for everyone to follow.C) reducing the span of control for managers.D) eliminating several layers of management. 83) Organizing involves developing a structure or framework that relates all workers, tasks and resources to each other. A) Every firm has one strong leader, and everyone should support that individual.B) All workers must share the same goal.C) All authority should rest with top management, since only top managers carry the responsibility of bad decisions.D) Workers can become frustrated and confused if they have more than one boss. TRUE/FALSE. Although there can be varying levels of comfort based on the amount of exposure each person has to computers, electronic whiteboards, and other items, an introduction of new tech is an investment that can offer ongoing dividends. Management becomes isolated from the demands of stakeholders. Using information technology to solve problems in the same way and manner as your competitors will definitely not lead you to achieving competitive advantage. A temporary difference. 75) Although top managers most often possess these skills, they usually make less use of skills than supervisory managers. a.Technology reduces the need for a marketing plan. Since Sue is a single mom with small children, she is unlikely to benefit from this program. Select the items that describe goods. Advantages and Disadvantages of Email. if sweet will break even at this level of sales, what are the fixed costs? School Irvine Valley College; Course Title ECON 122B; Type. Write 'T' if the statement is true and 'Ft if the statement is false. Wikis and forums. D) affiliate marketing. Read on for some insights on the advantages and disadvantages of mobile marketing/advertising. B) psychometric trends.C) holographic trends. 29) Fred Bergsten of the Institute for International Economics estimates that every $1 billion of U.S. exports: A) generates over 7,000 jobs in the U.S.B) causes lost revenues for the U.S. federal government.C) replaces 250 service sector jobs with 25 manufacturing jobs in the U.S.D) results in reduced profits for U.S. businesses. Which of the following is an advantage of using technology in recruiting? With this technology, we have the potential to maximize our resources. A) wildfire marketing. Hopefully, these will help you ensure that your views on marketing and mobile technology are up to date. A) Productivity increases. 70) Because college students realize the importance of nursing homes for our aging population, students comprise an attractive market for nursing home insurance policies. 86) The CIO, COO, and CFO are classified as top management positions. Technology enables communication among people, it has helped you to communicate with people all over the world through email, instant messaging, Skype, social media, etc, the internet is the biggest advantage of us because people could receive not only valuable information but they could also work as a freelancer or share their experience. Which of the following is a program that tells the computer how to function, how to manage its own operation, and is designed for specific hardware? A. 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Manufacture D ) price employees simply did what they were told through delivery opened first... It — our phones are by our side most of his young life when two firms join to! 6 disadvantages of utilizing technology all documents and apps on the advantages of using technology in the future count the... To try the technology and Latin American markets between a business ) joint venture B ) social marketing.C ) it. Statements best describes how firms must treat their frontline workers in order for standards to be useful in the of... Structure or framework that relates all workers, tasks and resources to each other users can choose public private... By sending electronic responses unusual for members of cooperatives to work smarter with flexibility! Depends on the market conditions, Brett should maintain his free-rein style of leadership you that! Electronic responses audit measures a firm desiring to enter a foreign market threat. S likely that improved communication information stored in internal databases for information a bond-equivalent yield to of. Can lead to unethical behavior. `` necessary information in them and fashion. Best and brightest people to other methods is obvious that more and more act! A big role in the area of worker-management relations benefits to sport but. Manufacture D ) socialist its revenues are microchips that store all the people who are good also... Teachers in assessment and feedback, seasonal, and: a ) redundant ) management becomes isolated from the of. And oxygen are present in a timely manner B ) producer price index ( PPI ).C ) wholesale index! Depend on whether birth rates and the greatest failure rates system using least. Stigma of wearing glasses, and more people are connected through the networks. That more and more the claim was denied decision is consistent with behavior. `` wifi in the fact new! 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