Question

Select the best choice. a. Theoretically, there is no difference between IS and IT. b. Service...

Select the best choice.

a. Theoretically, there is no difference between IS and IT.

b. Service sector and manufacturing sector constitute roughly an equal percentage of today’s U.S. economy.

c. Services constitute a large percentage (e.g., more than 65%) of the U.S. economy.

d. Rolling a die is an example of a deterministic process because the process is always the same irrespective of who rolls the die.

e. Both choices ‘b’ and ‘d’ are correct.

Homework Answers

Answer #1

Answer (Option c) Services contribute a large percentage (e.g., more than 65%) of the U.S. economy

Service sector includes financial services, media, transportation and technology accounted for roughly more than 65 percent of GDP in the U.S.

There is a difference between IS (Information systems) and IT (Information Technology). IS a term for the systems, people and processes designed to create, store, manipulate, distribute and disseminate information. IT typically includes hardware, software, databases, and networks.

Service sector and manufacturing sector do not constitute roughly an equal percentage of today’s U.S. economy. Service sector constitutes more percentage than manufacturing in U.S. economy today.

Rolling a dice is an example of a deterministic and stochastic process.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Multiple Choice Questions \Indicate the best answer in the space provided 1. The difference between regulations...
Multiple Choice Questions \Indicate the best answer in the space provided 1. The difference between regulations and revenue rulings is that _____ a. Revenue rulings are not limited to a given set of facts and regulations are limited b. Revenue rulings are the direct law-making powers of Congress and regulations are not c. Revenue rulings require approval by the Secretary of the Treasury; regulations do not d. Revenue rulings do not have the authority of regulations; regulations are a direct...
Indicate the answer choice that best completes the statement or answers the question. 1. ​The _____...
Indicate the answer choice that best completes the statement or answers the question. 1. ​The _____ environment of your country affects the interest rates you pay on your mortgage and credit cards as well as those you earn on savings accounts and bonds. a. ​economic b. ​political c. ​technological d. ​social e. ​legal 2. An economy will usually go into a(n) _____ after a peak.​ a. ​convolution b. ​expansion c. ​contraction d. ​recovery e. ​prosperity Enter the appropriate word(s) to...
choose correct answer 1)The difference between manufacturer's desire to produce large quantities of a limited variety...
choose correct answer 1)The difference between manufacturer's desire to produce large quantities of a limited variety of items vs. a customer's desire to demand small quantities of numerous items best describes which of the following?        Discrepancy in space        Discrepancy in quantity and assortment        Discrepancy in time        Discrepancy in logistics 2)Developing long-term relationships with key supply chain participants (e.g., consumers, intermediate customers, and suppliers) can be best described as:        Relationship marketing...
Ben and Chris combined their love of hockey with a business venture. They purchased a small...
Ben and Chris combined their love of hockey with a business venture. They purchased a small portable cart and began selling hockey memorabilia outside of the hometown hockey arena. Their first year went well, but this past year has been a real struggle. Due to poor economic conditions including a loss of jobs, ticket sales at the arena are down, which has significantly hurt their sales as well. As a recent business school graduate, you explain to Ben and Chris:...
Answer True or False: 1. Classification criteria for economic system include decision-making systems, mechanisms for information...
Answer True or False: 1. Classification criteria for economic system include decision-making systems, mechanisms for information and coordination, incentive structures, property rights, and mechanisms for public choices. 2. All economic systems can be classified as market capitalism or centrally planned socialism. 3. Generally speaking, transition economies emerging from the former Soviet Union have done least well with transition, while those of Central and Eastern Europe have done the best. 4. Capitalism relies primarily on material incentives, while planned socialism and...
All of these are True or False question, please find full correct and precise answers with...
All of these are True or False question, please find full correct and precise answers with Gregory and Stuart, Comparing Economic System in the Twenty-First Century, 7th edition. 1.Classification criteria for economic systems include decision-making systems, mechanism for information and coordination, incentive structures, property tights and mechanism for public choices. 2.All economic systems can be classified as market capitalism or centrally planned socialism. 3.Generally speaking, transition economies emerging from the former Soviet Union have done least well with transition, while...
Chapter 11: 1.Even before the economic crisis of 2007 to 2009, employees in the United States...
Chapter 11: 1.Even before the economic crisis of 2007 to 2009, employees in the United States were working about _____ more hours per year than their European counterparts. a. 70 b. 249 c. 350 d. 1,970 2. In 2005, about 20% of home loans were _____, meaning they were loans sold to low-income people who had little chance of paying their mortgages, often under predatory terms that were especially unfavorable to the unsuspecting borrowers. a. subprime triple-A rated c. fixed-rate...
Answer the following questions from the information below a. What are the organization's marketing goals? b....
Answer the following questions from the information below a. What are the organization's marketing goals? b. What are the symptoms of the problem? In other words, which of the organization's marketing goals mentioned in section a., above are not being met? c. What is the organization's problem? Look at the symptoms and make a judgement about what their cause may be. Do not confuse symptoms with problems. Problems cause symptoms. d. Perform a SW/OT analysis: -What are the organization's internal...
  Canadian Whisky: Capitalizing on World Recognition A Thirst for More Rick Clemens opened an independent whisky...
  Canadian Whisky: Capitalizing on World Recognition A Thirst for More Rick Clemens opened an independent whisky distillery 15 years ago in a small town in British Columbia, Canada. Since that day, his business has slowly grown, gaining first a local, then regional and finally national following. It has since grown from a two-person operation to a thriving business with an in-house team of six and the contracted services of an off-site bottler and distributor. After many years of operating at...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...