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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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Ede4ka [16]
A) psychological : social
5 0
2 years ago
The order of presentation of activities on the statement of cash flows is
Rufina [12.5K]

Answer:

Operating activities

Investing activities

Financing activities

Explanation:

In a cash flow statement, the activities of the organization are usually recognized in 3 parts namely; Operating activities, investing activities and financing activities.

The operating activities include elements such as net profit, non cash items, change in current assets and liabilities.

The investing activities include cash flows from the disposal and purchase of assets etc

The financing activities includes cash flows from the disposal and sale of shares etc.

The net cash flows from these activities is the netted off the cash balance at the beginning of the period to get the cash balance at the end of the period.

Hence the order of presentation of activities on the statement of cash flows is

Operating activities

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6 0
2 years ago
You have been paying $1000 every month for 6 years to a friend of yours who is extremely lazy to find a job. The annual interest
Gekata [30.6K]

Answer:

a)

$90,280.01

b)

$92,784.19

Explanation:

Use the following formula to calculate the worth of money

Worth of money = Periodic Payment x ( ( ( 1 + Periodic Interest rate )^numbers of periods ) - 1 ) / Periodic Interest rate

a)

Where

Periodic Payment = $1,000 x 12 months per year = $12,000 annually

Periodic interest rate = 9%

Numbers of periods = 6 years

Placing values in the formula

Worth of money = $12,000 x ( ( ( 1 + 9% )^6 ) - 1 ) / 9%

Worth of money = $90,280.01

B)

Where

Periodic Payment = $1,000 x 6 months = $6,000

Periodic interest rate = 9% X 6/12 = 4.5%

Numbers of periods = 6 years x 12/6 = 12

Placing values in the formula

Worth of money = $6,000 x ( ( ( 1 + 4.5% )^12 ) - 1 ) / 4.5%

Worth of money = $92,784.19

3 0
2 years ago
Windsor Hospital purchases $90,000 in surgical equipment on October 1, Year 1. The useful life is estimated to be 5 years, and t
AVprozaik [17]

Answer:

The depreciation expense for year 1 is $16,000

Explanation:

Depreciation: The depreciation was occurred due to tear and wear, obsolesce, time period, etc

Under the straight-line method, the depreciation should be charged with the same amount over the useful life.

The calculation is shown below:

= \dfrac{(original\ cost - residual\ value)}{(useful \ life)}

= \dfrac{(\$90,000 - \$10,000)}{(5 \ years)}

= $16,000

The depreciation should be charged for $16,000 in year 1. Moreover, it is shown in the income statement in the debit side and in the cash flow statement also.

5 0
2 years ago
Which of the following statements is consistent with the ideas that W. Edwards Deming promoted regarding quality management? a.
a_sh-v [17]

Answer:

d. Understanding variation is essential to improving quality.

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Deming develop a theory of variation. He said that is normal that business face changes and systems variate, but he specified that is essential for managers to identify and understand special and common causes of variation. He affirms that only managers have the authority to change the causes of variation and then they must to avoid repeated problems.

7 0
2 years ago
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