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Alex787 [66]
2 years ago
15

Last week Gary, CEO of Quality Furniture in North Carolina, traveled to Europe to visit customers. While overseas, Gary checked

his e-mail daily and showed his company’s website to customers, explaining how the website will help them place orders and receive merchandise more quickly. After visiting the last customer Friday morning, Gary was able to return to the corporate office in North Carolina to meet with his board of directors that night. ________ is the "shrinking" of time and space with air travel and the electronic media. Multiple Choice The intranet A flat world The small-world philosophy E-commerce The global village
Business
2 answers:
GrogVix [38]2 years ago
7 0

Answer:

THE GLOBAL VILLAGE.

Explanation:

Global village can be defined as a phenomenon where the world becomes more interconnected as the result of the propagation of media.

Global village has been created through modern information and communication technologies, in which people can communicate with others across the world as if they were living next door.

The global village "shrinks" meaning "withdraws" time and space and replaces it with air travel and electronic media which in turn makes it easier for people around the globe to communicate with each other.

Therefore, the shrinking of time and space with air travel and the electronic media is THE GLOBAL VILLAGE.

Blizzard [7]2 years ago
6 0

Answer:

The correct answer is The global village.

Explanation:

The term "global village" is conceived as the impact that communications have within socio-cultural aspects. This phenomenon goes hand in hand with the spread of telecommunications and the internet, which allows access to information to be carried out at any place and time desired. In this way, ideas and events that occur within another geographical space can be conceived as their own, which directly influences the perception of people as if they lived in a remote place.

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dem82 [27]
<span>The businessmen of the 1800s revolutionized business practices in this country. For one, new techniques like vertical and horizontal integration increased efficiency and improved profit margins for single companies. Also, the new banks demanded positions on the boards of the companies they loaned money, transforming the role of financial institutions in America.</span>
8 0
2 years ago
Leslie works as customer service representative for Lighthouse Point Lanterns. Her job is to fulfill customer orders and answer
GenaCL600 [577]

Answer:

a performance reward.

Explanation:

A performance reward is a type of employee reward system. Companies generally reward employees in an attempt to motivate them to work more, harder or more efficiently. E.g. a company may reward salespeople that close 100 sales per week, regardless of the type of sales made. This type of reward is based on the gross amount of work carried out by the employee.

In Leslie's case, she is being rewarded for being an efficient employee. The parameter for measuring her efficiency is that 80% of the test calls that she makes are handed properly. She is not rewarded on the number of test calls, but instead on how she handled them.

4 0
2 years ago
Jarrod receives a scholarship of $28,000 from East State University to be used to pursue a bachelor's degree. He spends $16,800
Anton [14]

Answer:

$18,200

Explanation:

Calculation to determine what Jarrod may exclude from his gross income.

Using this formula

Gross income=Tuition+Books and supplies

Let plug in the formula

Gross income= $16,800 + $1,400

Gross income=$18,200

Therefore Jarrod may exclude $18,200 from his gross income.

8 0
2 years ago
The earned income credit: a.Must be calculated on earned income as well as adjusted gross income in some cases. b.Is available o
melomori [17]

Answer:

Option A: Must be calculated on earned income as well as adjusted gross income in some cases

Explanation:

Earned Income Credit also abbreviated to EIC is known to be a refundable tax credit. It is usually for qualified (low-income) taxpayers who have earned income such as wages.

Earned income are simply wages, self-employment income, and eligible disability pay.

The reason/purpose of the Earned Income Credit is to limit or reduce the tax burden on working families with lower earned income.

7 0
2 years ago
Arrow Company is a retailer that uses the perpetual inventory system.
PSYCHO15rus [73]

Answer:

a, Inventory cost under First in first out- FIFO = $ 4,628

b. Inventory cost under Last in First Out LIFO = $ 4,378

c. Inventory cost under Weighted average cost = $ 4,494

Explanation:

The data need to be summarised

                                                    Units      Per Unit Cost           Total value

       

August 1 Opening inventory          80                                           $ 1,600

August 5 Purchases                      100                                           $ 2,116

August 11 Purchases                      <u>200</u>                                         <u> $ 4,416</u>

Weighted average cost                  380           $ 21.4                   $  8,132

August 11 Sales                               <u>(170)</u>

Units in hand after Aug 11 sales    210        

Computation on inventory cost under FIFO method

Under FIFO method the cost of goods sold are considered from the opening inventory and the first purchases. The inventory on hand is from the last purchases.

The inventory on hand of 210 units, of which 200 units are from August 11 and 10 units from the purchases of August 5.

The average unit cost of Aug 11 purchases is $ 4,416/ 200 units = $ 22.08

The average unit cost of Aug 05 purchases is $ 2,116 /100 units = $ 21.16

200 units * $ 22.08   = $ 4,416.00

10 units * $ 21.16        = <u>$     211.60</u>

                                      $ 4627.60 say $ 4,628

Computation on inventory cost under LIFO method

Under LIFO method the cost of goods sold are considered from the last purchases and the inventory on hand is from the opening inventory and first purchases.

The inventory on hand of 210 units is as follows

Opening inventory                                      80 units                    $ 1,600

Purchases August 5                                   100 units                   $  2,116

Purchases August 11                                    30 [email protected] $22.08   <u>$      662.40</u>

Inventory under LIFO Method                                                    $ 4,378.40

Computation on inventory cost under Weighted Average method

The weighted average cost of inventory is 210 units * $ 21.40   = $ 4,494

3 0
2 years ago
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