IT

Examples of IT in the following topics:

• Information and Risk Trade-Off

  • IT risk relates to the business risk associated with the use, ownership, operation, involvement, and adoption of IT within an enterprise.
  • Information technology (IT) risk involves the business risk associated with the use, ownership, operation, involvement, influence and adoption of IT within an enterprise.
  • Risk is the product of the likelihood of an occurrence times its impact (Risk = Likelihood x Impact).
  • IT risk management can be viewed as a component of a wider enterprise risk management (ERM) system.
  • ERM should provide the context and business objectives on the management of IT risk.

• Reporting Assets

  • A business must report an asset's acquisition cost, how it is depreciated, any subsequent expenditures tied to it, and how it is disposed.
  • The act of using an asset can often cause it to lose value because it physically wears out the property.
  • Then it must record any cash or property it received in exchange for the asset.
  • Finally, it must record any gain or loss it sustained on the disposal of the property.
  • Explain how to value and report an asset from its acquisition to its disposal

• Student Learning Outcomes

• A Brief Definition

  • Promotion – how the producer communicates the value of its products – is one of the market mix elements.
  • Promotion – how the producer communicates the value of its products – is one of the market mix elements.
  • There are five elements an organization may choose to include in its promotional mix or promotional plan.

• Setting Team Goals and Providing Team Feedback

  • Periodic performance assessments help a team identify areas for improvement so it can better achieve its goals.
  • Periodic self-assessments that consider the team's progress, how it has gotten there, and where it is headed allow the team to gauge its effectiveness and take steps to improve its performance.
  • To assess its performance, a team seeks feedback from group members to identify its strengths and its weaknesses.
  • Feedback from the team assessment can be used to identify gaps between what it needs to do to perform effectively and where it is currently.
  • The team can then use the results as a starting point for its discussion.

• Flotation

  • An object floats if the buoyancy force exerted on it by the fluid balances its weight.
  • It still weighs one ton, but when it is put in water, it displaces a greater volume of water than when it was a block.
  • When any boat displaces a weight of water equal to its own weight, it floats.
  • The same is true for vessels in air (as air is a fluid): A dirigible that weighs 100 tons displaces at least 100 tons of air; if it displaces more, it rises; if it displaces less, it falls.
  • If the dirigible displaces exactly its weight, it hovers at a constant altitude.

• Answers to Chapter 20 Questions

  • Furthermore, if a company continually updates its technology, subsequently, it could use intellectual property rights to protect its technology.
  • In theory, the firm could deny the government to use its technology.
  • If the firm has a conflict with the government, it can exit the country and default on its bank loans.
  • Best rated it Tier II while Coface rated it A1.
  • Best rated the Ukraine as a Tier V while Coface rated it a D.

• Short-Term Memory

  • It has coffee in it.
  • I know it is my cup because it is the one that a potter friend of mine made for me.
  • I know it has coffee in it, because I remember getting it this morning.
  • It is limited to 5-9 items, and it lasts only about 20 seconds.
  • After the operator gives you the number, you begin repeating it to keep it in STM.

• Avoiding Plagiarism When Using the Internet

  • While it certainly is easy to Control+C, Control+V your way through a speech, it's certainly not wise.
  • Just because it's obscure doesn't mean it's okay to take it and claim it as your own.
  • Plus—on a very plain note—it's just not cool.
  • It's just bad intellectual form.
  • As tempting as it might be to plagiarize with the vastness of available sources on the internet - don't do it.

• Functions of Money

  • As a result, it is a basis for quoting and bargaining prices.
  • It is necessary for developing efficient accounting systems, but its most important use is that it provides a method to compare the values of dissimilar objects.
  • Gold also had a constant value due to its special physical and chemical properties, which made it cherished by men.
  • It must be fungible.
  • Moreover, it must be predictably usable as a medium of exchange when it is retrieved.