B. transaction-processing system. C. executive support system. D. decision support system. 5) Development and support services for a firms’ business systems are provided by: A. IT management services. B. IT educational services. C. IT standards services. D. Application software services. 6) The use of digital technology and the Internet to execute the major business processes in the enterprise is called: A. e-business. B. enterprise applications. C. e-commerce. D. MIS. 7) A virtual company:
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Division Classification: A logical way of thinking that allows us to make sense of a complex world. The institution that what people stated the purpose. -Division-taking a single unit or concept‚ breaking the unit down into its parts‚ and then analyzing the connections among the parts and between the parts and the whole. -Classification-brings two or more related items together and categorizes them according to type or kind. II. How Division-Classification fits your purpose and audience.
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Question: What is entrepreneurship? Illustrate your answer with suitable examples from your home country. Nowadays‚ entrepreneurship places an important determinant of development in the society and regarded as the “rock stars” in the business world. According to Global Entrepreneurship Monitor (GEM)‚ entrepreneurship is defined as: ’any attempt to create a new business enterprise or to expand an existing business by an individual‚ a team of individuals or an established business’. It means
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Entrepreneurship process and principles Chapter: Introduction to Entrepreneurship process and principles Definition of entrepreneur -According to American Heritage Dictionary‚ “Entrepreneur is a person who organizes‚ operates and assumes the risk for business venture” -According to Skinner SJ and Ivancevich JM‚” An entrepreneur is a person who takes the risks necessary to organize and manage a business and receives the financial profits and monetary rewards” -Entrepreneur is a person who organizes
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Travis Peartree Six Sigma 3M Case QM 10/9/12 3M Six-Sigma Case Write-Up 1. To successfully implement Six Sigma‚ 3M must think about its effects now and its effects in the future. The leadership team must also take into account the expenses of any Six Sigma processes and how to fund them. A lot of research and development will lead to greater success of Six Sigma‚ but will also be at a very high cost. The leadership team must set up a vision for implementation of Six Sigma. The team must
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• Can we teach entrepreneurship and bring some entrepreneurial awareness and changes among individuals. Give evidence Approach in answering the Question • Definition of Entrepreneurship • Entrepreneurship education • Approaches to teach entrepreneurship • Conclusion The concept of entrepreneurship There is no universal agreed definition of entrepreneurship. However‚ Entrepreneurship is defined differently by different scholars. Schumpeter (1934) defines Entrepreneurship as a person’s ability
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13th Airborne Division was an airborne formation in the United States Army during World War II‚ and was commanded by Major General Eldridge Chapman.[1] It was officially activated in August 1943 at Fort Bragg in North Carolina‚ remaining active until February 1946‚ but never saw combat. After activation the division remained in the United States to complete its training. This training was completed by September 1944‚ but had to be extended by a further four months when the division provided reinforcements
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Verifiable Goals Questions & Answers Q1.Can a division manager develope verifiable goals‚ or objective‚ when they have not been assigned to him or her by the president? How? What kind of information or help do you believe is important for the division manager to have from headquarters? ANS 1. Yes‚ I think a division manager can develop verifiable goals‚ or objective‚ when they have not been assigned to him or her by the president. It seems that the division manager has exercised management by objectives
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Entrepreneurship versus Intrapreneurship1 Veronica MAIER2 Cristiana POP ZENOVIA Abstract This paper provides a review of theoretical studies on the concepts of entrepreneurship and intrapreneurship‚ pinpointing the similarities and differences between them. Entrepreneurship continues to thrive in almost all corners of the world. Entrepreneurs are reshaping the business environment‚ creating a world in which their companies play an important role in the vitality of the global economy. But there
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Question 1 3 out of 3 points If you are a franchisor and you charge a royalty of 5% on revenue and you have franchisees that have revenues of $1 million‚ $2 million‚ $1.5 million‚ and $2.5 million‚ how much would you earn in royalties? Answer Selected Answer: $350‚000 Correct Answer: $350‚000 Question 2 3 out of 3 points If you buy a McDonald’s franchise and agree to pay a royalty fee of 12.5% annually‚ how much money will you owe McDonald’s at the end of a year in which you
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