Answer:
1. Reduced cycle time: reduced process time in different areas.
2. Increased visibility: real-time status or availability of any process or product.
3. Increased efficiency: faster execution of each process.
4. Better quality: high quality standards of products and processes.
Explanation:
In this scenario, Sheila and her team were able to successfully implement an IS in a hospitality organization; increased visibility, increased efficiency, better quality and reduced cycle time.
Answer:
It belongs to Alma because Susan abandoned it and Alma took possession of it
Explanation:
By common law, Alma is a person who has found an abandoned property and she may claim it. To do this, she has to take some definite steps to show her claim. Alma can claim this abandoned piece of chair by taking it into her house, or by placing a sign on it to show that she now owns it.
If Susan was to take this to court, the court would determine the kind of item and where it was found to determine if Alma has a right to it. But since it was found in a dump site she now has the right to it.
Answer:
No close substitutes for the product exist and there is one seller.
Explanation:
Answer:
No, it will not be classified on cash flow statement.
Explanation:
In the given case, stocks are issued in exchange of equipment. Assuming no cash is involved even for the balancing amount.
Since, cash flow statement records all transactions involving cash the exchange of stock issued for equipment, is nowhere involving cash thus, it will not be depicted on cash flow statement.
Final Answer
No it will not be classified on cash flow statement.