in 2/3 paragraph please explain automation reduces the importance of labor cost as a basis for competitive advantage, so can we assume now that the countries with more capital and technology have the competitive advantage?
In: Economics
Explain the traditional and technology-based training methods available for employees (exhibit 11-9). In your opinion which method(s) offers the best value in terms of accessibility, cost and ability to deliver information?
In: Operations Management
Think of all the examples of forecasting that is experience on a regular basis; such as the weatherman on TV each night. Now, considering the technology we have at our disposal today, why can't we get a "Perfect" forecast?
In: Operations Management
min 250 words, Describe how the military and the government were driving forces behind the development of the computer and the internet. Be specific in the tools they were looking for, the technology that was developed, and how it was used to spread to the civilian market.
In: Operations Management
Your company is looking to expand outside the United States and you have been assigned to investigate South Korea for foreign direct investment (FDI).
Polital
technology
environmental
legal system/laws
economical
In: Operations Management
if i was given by the company Cisco's website, their products listed by technology type as such....
https://www.cisco.com/c/en/us/products/index.html#~stickynav=3
what are cisco's brands, prodct items and product lines?
In: Operations Management
In: Finance
The current "internet and technology" revolution is significantly changing the way business and the workplace is conducted. What 'Management' dilemmas do you think will face a new generation of "management pioneers' who will need to address these changes?
In: Operations Management
Explain and provide examples for 5 ways RFIDs can be utilized in a Smart City. How does this differ from NFC technology? What are at least 3 advantages and disadvantages of NFC; explain reasoning with examples.
In: Computer Science
Lydo Cinema Chain based in Melbourne, owns three cinemas in the suburbs of Camberwell, South Yarra and Ringwood. It has prepared budgets for the coming year based upon a ticket price of $20. Particulars Camberwell South Yarra Ringwood Budgeted revenue from ticket sales 1,500,000 1,250,000 750,000 Costs: Film license 510,000 390,000 380,000 Wages and salaries 295,000 265,000 175,000 Overheads 495,000 395,000 345,000 Total costs 1,300,000 1,050,000 900,000 Included in the overhead figures are the Head Office fixed costs that amount to $750,000, these have been allocated to each cinema based on budgeted ticket receipts. All other costs are variable. The top management is concerned about the Ringwood cinema and the fact that it is showing a budgeted loss and is considering closing the cinema and selling the site to a Property Developer. Required: (a) Prepare marginal costing income statements to show contributions for each cinema and contribution and profit for the overall chain based on the original budget. (b) Prepare marginal costing income statements to show contributions for each cinema and contribution and profit for the overall chain assuming Ringwood cinema is closed. (c) Based on your calculations in requirement (b) above, do you think that Ringwood cinema should be closed? Justify your answer with appropriate explanation. (d) What is the contribution per ticket sale at each cinema? (e) What is the margin of safety in revenue for the chain at the budgeted level of activity if the Ringwood cinema is kept open? (f) What is the margin of safety in revenue for the chain at the budgeted level of activity if the Ringwood cinema is closed? (g) If the Ringwood cinema is kept open, management would like to increase its profitability. One suggestion is that ticket sales at Ringwood cinema can be increased by 60% by an advertising campaign directed at Ringwood that will add $20,000 to the chain's fixed costs. Do you think that the advertising campaign should be undertaken to improve the cinema's profitability? Give reasons for your decision.
In: Accounting