Explain what is meant by speed-rapid execution, response, and delivery of results
What will be an ideal response?
Answer: In the modern business environment, speed-rapid execution, response, and delivery of results often separates the
winners from the losers. How fast can one develop and get a new product to market? How quickly can one respond
to customer requests? One is far better off if he or she is faster than the competition—and if he or she responds
quickly to his or her competitors' actions.
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A business begins with $1,000,000 from its owners. It places $100,000 into a bank account which it wishes to maintain as a cash reserve. It needs to purchase $1,000,000 of equipment and materials. How much does it need to borrow?
a) $1,000,000 b) $900,000 c) $100,000 d) $0
Three common drive interfaces are IDE (Integrated Drive Electronics), SATA (Serial Advanced Technology Attachment) and SCSI. SCSI stands for ________
A) Switching Computer System Interface B) System Computer Synchronous Interface C) Synchronous Computer System Interface D) Small Computer System Interface