Concept explainers
To determine:
Whether digital transmission changed the nature of communication.
Introduction:
Digital transformation is the change to a more technologized and informative systems. This is with the use of technology and rapid collection and transmission of information in the 21st century which has evolved the sectors in the economy. This digital transformation is where computerized systems were brought in from analog systems.
This digital transformation has led to the increase in speed of data and messages from one point to another, which is known as digital transmission.
Explanation of Solution
Given information:
Question on digital transmission and how it has changed the nature of communication.
In the past days, communication was a barrier and had major inefficiencies. This was because communication means were expensive and time consuming. The quickest modes of communication costed really high and the cheapest forms of communication modes took a long time for messages to be delivered from one individual to another.
However, with the evolvement of technology in the modern days, there were some advancements done to the communication forms. Digital transmission was set up to transmit information or messages from on individual to another in the 21st century.
This technology drastically affected the communication industry by reducing the high cost of production and improved the speed of communication. The cost reduction was also passed to the consumers and now within mille seconds information is being available to be transferred to anyone around the world at any given time. This flexibility has brought out globalization. This has led to some explicit advantages in the modern days, communication tools have expanded from telephone calls, texting, emails, social media, video conferencing and etc.
Therefore, this change in data transmission has drastically changed the nature of communication during the information era.
Want to see more full solutions like this?
Chapter 2 Solutions
ESSENTIALS OF BUSINESS...(LL)-TEXT
- PROBLEM E Mulles, the owner of a successful fertilizer business, felt that it is time to expand operations. Mulles offered to form a partnership with Lucena, the owner of a nearby warehouse. The partnership would be called Mulles & Lucena Storage and Sales. Lucena accepted Mulles' offer and the partnership was formed on July 1,2024. Presented below is the trial balance for Mulles Fertilizer Supply on June 30, 2024: Cash Accounts Receivable Allowance for Uncollectible Accounts. Inventory Prepaid Rent Store Equipment Accumulated Depreciation Notes Payable Accounts Payable Mulles, Capital Total P 229,500 2,103,000 P 117,000 1,012,500 29,250 390,000 P3,764,250 97,500 330,000 505,500 2,714,250 P3,764,250 The partners agreed to share profits and losses equally and decided to invest an equal amount in the partnership. Lucena and Mulles agreed that Lucena's land is worth P500,000 and his building P1,450,000. Lucena is to contribute cash in an amount sufficient to make his capital account…arrow_forwardThis group assignment is a study of business initiatives applicable to managing the ESGmandate. The development of the ESG framework is as encompassing and impactful as that ofISO9001 in the late 1980s or the EU’s REACH regulation in in the 2000s.The subject of this study is Patagonia, Inc., an American retailer of outdoor recreation clothing,equipment, and food. The company is headquartered in Ventura, California, USA. This casestudy will focus solely on the outdoor recreation clothing division of the company. Question : “Everything we make has an impact on the planet”https://www.patagonia.com/our-footprint/Appraise how Patagonia’ applies the concept of ‘Impact, Externality and ExtendedResponsibility’. Provide explanation, useful links , citations and examples. This is regarding a module in SUSS Procurement Strategy and Policyarrow_forwardPLEASE HELP. ALL RED CELLS ARE INCORRECT. NOTICE, REVENUE ACCOUNTS ARE IN THE DROPDOWN!arrow_forward
- Do the inherent differences between private and public sector objectives—profit versus publicgood—render private sector category management practices unsuitable for public sectorpurchasing, where open tendering is the norm?You have now undergone the Category Management classes and your superiors have requestedfor your input on how to integrate some of the learnings into the public sector policy. Discuss and elaborate what are the activities and governance you would introduce in yourrecommendations without violating the principle of transparency and accountability withinyour organisation. This is based on Singapore context. Pls provide a draft with explanation, examples and useful links for learning purposes. Citations will be good too. This is a module in SUSS called category management and supplier evaluationarrow_forwardSolve plzarrow_forwardTravelling and working internationally can lead to a life of adventure and unique career experiences. For businesses, selecting the right candidates to take on foreign assignments can propel, delay, or deny the success of the international ventures. As an international manager, identify key competencies you would look for in choosing expatriates. What might be some of their concerns in taking on overseas assignments? What are some best practices in supporting expats during and after their assignments?arrow_forward
- Answer correctly otherwise unhelpfularrow_forwardJournalize these transactions, also post the transcations to T-accounts and determine month-end balances. Finally prepare a trail balance.arrow_forwardSuppose during 2023, BlueStar Shipping reported the following financial information (in millions): Net Sales: $40,000 Net Income: $150 Total Assets at Beginning of Year: $26,000 • Total Assets at End of Year: $24,800 Calculate the following: (a) Asset Turnover (b) Return on Assets (ROA) as a percentagearrow_forward
Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub