Correlate each to the New Economy
Correlate each to the New Economy: the rate of productivity growth information technology increasing returns network effects global competition
Correlate each to the New Economy:
Expert
Each of the above is a feature of the New Economy. The rate of productivity growth has risen substantially because of innovations using computers, microchips, new telecommunications devices and the Internet. All innovations define features of what we call information technology that connects information in all of the parts of the world with information seekers. New information products are frequently digital in nature and can be simply replicated once they have been building up. The start-up cost of new technology and firms is high, however expanding production has a very low marginal cost that leads to economies of scale – firms’ output raise faster than their inputs. Network influence refers to a kind of economy of scale whereby certain information products become more valuable to every user as the number of buyers grows. For instance, a fax machine is more useful to you while lots of other people and firms have one; the similar is true for compatible word-processing programs. Global competition is a feature of the New Economy since both transportation & communication can be accomplished at much lower cost & faster speed than previously that expands market possibilities for consumers and producers both who are not very restricted by national boundaries today.
State Operations (SO): It is a character of expenditure symbolizing expenditures for the support of state government, exclusive of capital investments and expenses for the local assistance actions.
Compare diversifiable and non diversifiable risk. Which do you think is more significant to financial managers within a business firms?Diversifiable risk can be dealt along with by, of course, diversifying. Generally non diversifiable risk is co
What can a financial institution frequently do for a deficit economic unit (DEU) which it would have complexity doing for itself if the DEU were to deal directly with an SEU?SEUs typically desire to supply a small amount of funds, while DEUs typ
Describe working capital? Working capital contains the current assets of the firm.
Normal 0 false false
Regulations: It is a rule, order, or standard of common application issued by a state agency to interpret, implement, or make specific law enforced or managed by it, or to govern its measures. With state government, the procedure of adopting or modify
Describe decision rule for accepting or rejecting proposed projects while using internal rate of return? Whenever the internal rate of return is greater than or equal to the required rate of return, the hurdle rate, the project is accepted. Whi
Given equations describe market for widgets Demand: P = 10 - Q Supply: P = Q - 4 Q : Question based on change in GDP Normal Normal 0 false false
Change Book System: The system the Department of Finance employs to record all the legislative modifications (comprising changes stated by the Administration and approved by the Legislature) made to the Governor's Budget and the last actions on the bu
18,76,764
1955700 Asked
3,689
Active Tutors
1428186
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!