answersLogoWhite

0

🏢

Business and Industry

Business is the buying and selling of goods or services. Questions here contain anything related to selling something for profit.

500 Questions

What is difference between INC and MNC?

User Avatar

Asked by Wiki User

INC stands for Incorporation, which is the process of legally forming a company. On the other hand, MNC stands for Multinational Corporation, which is a company that operates in multiple countries. INC refers to the legal status of a company, while MNC refers to the geographical scope of a company's operations.

What is development theory?

User Avatar

Asked by Wiki User

Development theory is a body of social science theories that aim to explain how and why societies progress and change over time. These theories often focus on economic, social, and political factors that influence development outcomes in different countries or regions. Development theory helps to understand the complexities of development processes, such as poverty reduction, social equality, and sustainable growth.

What is tertiary socialisation?

User Avatar

Asked by Wiki User

Tertiary socialization refers to the process of learning behaviors and values from institutions outside of the family, such as school, media, and workplace. It occurs during adolescence and adulthood and helps individuals adapt to societal norms beyond the immediate family environment. This type of socialization is essential for developing a person's identity and understanding their social roles within broader systems.

The type of theory of power that argues that many people have access to power is a?

User Avatar

Asked by Wiki User

Pluralist theory of power argues that power is dispersed among many different groups in society, with no single group having total control. It emphasizes the presence of various competing interests and groups influencing decision-making processes.

Why are information systems essential in business today Describe four trends in the global business environment that have made information systems so important?

User Avatar

Asked by Wiki User

Information systems are essential in business today for efficient operations, decision-making, and maintaining competitiveness. Four trends in the global business environment that have heightened the importance of information systems include globalization, digital transformation, increasing competition, and the need for real-time data analytics and insights to drive business strategies. These trends require businesses to leverage information systems to adapt, innovate, and respond swiftly to market changes.

What is information awareness control?

User Avatar

Asked by Wiki User

Information awareness control refers to the processes and mechanisms in place to monitor, manage, and control access to sensitive information within an organization. This includes implementing security measures such as encryption, access controls, and monitoring tools to protect data from unauthorized access or disclosure. The goal is to ensure that only authorized individuals have access to specific information and to maintain the confidentiality, integrity, and availability of data.

What Provides information to businesses about where people live and their traits such as race gender age income and education?

User Avatar

Asked by Wiki User

Demographic data sources, such as census data, public records, and market research reports, provide information about where people live and their traits such as race, gender, age, income, and education. Businesses use this data for market segmentation, targeting specific consumer groups, and making informed business decisions.

Why is management necessary?

User Avatar

Asked by Wiki User

Management is necessary to coordinate and organize resources to achieve specific goals. It helps to provide direction, make decisions, allocate resources, and solve problems within an organization. Effective management ensures that tasks are completed efficiently and helps to drive the success of the organization.

What is the dual nature of information systems?

User Avatar

Asked by Wiki User

The dual nature of information systems refers to their ability to handle both data management tasks, such as storing and processing information, and decision-making tasks, such as providing insights and recommendations based on the data. Information systems can function as operational tools for day-to-day tasks and strategic tools for long-term planning and analysis.

What are the advantages of Scattergraph Method?

User Avatar

Asked by Wiki User

The scattergraph method is simple, visual, and easy to understand. It allows for the identification of trends and patterns in data, making it useful for making predictions or decisions based on the data. Additionally, it can help in identifying outliers or unusual data points that may require further investigation.

Why it is important to follow manufacturers instructions and organisational procedures when dealing with equipment faults?

User Avatar

Asked by Wiki User

Following manufacturers instructions and organisational procedures is important to ensure the safety and proper functioning of the equipment. It also helps to prevent further damage or accidents that could result from improper handling of equipment faults. Additionally, adherence to these guidelines can help to maintain warranties and insurance coverage for the equipment.

Do Information System matter for modern organizations why or why not?

User Avatar

Asked by Wiki User

Yes, information systems are essential for modern organizations because they help streamline operations, improve decision-making, enhance communication, and enable data-driven strategies. They provide a foundation for storing, processing, and analyzing vast amounts of information critical for organizational success in today's digital age.

How important in the informal information system in system analysis?

User Avatar

Asked by Wiki User

Informal information systems play an important role in system analysis as they provide insights into how employees interact with technology and processes on a day-to-day basis. Understanding these informal systems can help in identifying inefficiencies, user needs, and potential improvements during the analysis phase of a project. It's crucial to consider both formal and informal information systems to ensure a comprehensive understanding of the organization's operations.

Characteristics of batch processing?

User Avatar

Asked by Wiki User

Batch processing involves collecting data over a period of time and processing it all at once, usually in a structured and systematic way. It is typically used for processing large volumes of data efficiently, with minimal user interaction or real-time requirements. Batch processing can be scheduled to run at specific times, making it useful for tasks like payroll processing, report generation, and data analysis.

What does RIDDOR stand for?

User Avatar

Asked by Wiki User

RIDDOR stands for Reporting of Injuries, Diseases and Dangerous Occurrences Regulations. It is a law in the United Kingdom that requires employers to report and keep records of work-related accidents, diseases, and dangerous occurrences.

How to achieve achieving high performance and employee satisfaction?

User Avatar

Asked by Wiki User

To achieve high performance and employee satisfaction, prioritize clear communication, provide opportunities for growth and development, recognize and reward achievements, foster a positive work culture, and seek feedback from employees to continuously improve the work environment. Encouraging work-life balance and offering flexible work options can also contribute to higher job satisfaction and performance.

Sentence using the word didactic?

User Avatar

Asked by Wiki User

The teacher's didactic approach to the lesson helped clarify challenging concepts for the students.

Scientific name of pechay?

User Avatar

Asked by Wiki User

The scientific name of pechay is Brassica rapa subsp. chinensis.

What is management philosophy?

User Avatar

Asked by Wiki User

Management philosophy is a set of beliefs and principles that guide how managers approach their role and responsibilities in an organization. It reflects their values, mindset, and approach to decision-making and leadership. It influences how managers interact with employees, set goals, and drive business results.

What are the four methods for collecting research data?

User Avatar

Asked by Wiki User

The four main methods for collecting research data are surveys/questionnaires, interviews, observations, and experiments. Each method has its own strengths and weaknesses, and researchers may choose the most appropriate method based on their research questions and objectives.

Exchange of information assessment and collaboration are important stages of making a good business connection What comes next?

User Avatar

Asked by Wiki User

Once a good business connection has been established through the exchange of information, assessment, and collaboration, the next important step is to build trust and credibility with the other party. This can be achieved by fulfilling promises, demonstrating reliability, and providing high-quality products or services. Ultimately, establishing a strong relationship based on trust is essential for long-term success in business.

3 In what major ways have the roles of information systems applications in business expanded during the last 40 years What is one major change you think will happen in the next 10 years?

User Avatar

Asked by Wiki User

In the last 40 years, information systems applications in business have evolved from supporting basic operational functions to enabling strategic decision-making, fostering collaboration, and enhancing customer experiences. One major change that is likely to happen in the next 10 years is the increasing integration of artificial intelligence and automation into these systems, leading to more advanced analytics, smarter decision-making processes, and enhanced efficiency across various business functions.

What is the difference between an information architecture and an information technology infrastructure?

User Avatar

Asked by Wiki User

Information architecture refers to the organization and structure of information within a system or website to enhance usability, while information technology infrastructure refers to the physical components and systems necessary to support IT services in an organization. In essence, information architecture focuses on how information is structured and presented, while information technology infrastructure deals with the hardware, software, and networks that support the flow and storage of information.

Which school is better Langley or Slough grammar?

User Avatar

Asked by Wiki User

Both Langley Grammar School and Slough Grammar School are well-regarded institutions with strong academic programs. The better choice would depend on your personal preferences, such as location, extracurricular activities offered, and the specific subjects or facilities each school excels in. It's recommended to visit both schools, talk to current students and teachers, and consider your own goals and needs before making a decision.

What does it mean to work in civil service?

User Avatar

Asked by Wiki User

Working in civil service means being employed by the government to provide services to the public. This can include roles in various government departments and agencies, with a focus on serving the community, maintaining public order, and upholding the law. Civil service employees often work in areas such as healthcare, education, law enforcement, and administrative roles within the government.