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Apps used for business - 🧠ANSWER ✔✔Excel and Word
Revenue - 🧠ANSWER ✔✔Not profit, revenue is all money coming in
Actual - 🧠ANSWER ✔✔What actually happens, vs budgeting which is a
guess of the future
7% of the time - 🧠ANSWER ✔✔a spreadsheet is fraudulent or incorrect
what is the number one reason businesses fail - 🧠ANSWER ✔✔over
expansion
Database - 🧠ANSWER ✔✔-can be easily accessed many at a time, ask it
questions (query)
- everything is relational: works together
, Business Info Tech. - 🧠ANSWER ✔✔-Study
-Design
-Implementation
-support
-Management
...of a computer based info system, particularly software or hardware
Business Info Tech consider the following: - 🧠ANSWER ✔✔People,
competency, attitude, critical thinking, best practice
Best Practice - 🧠ANSWER ✔✔best way to get something done, always
evolving
Gordon Moore - 🧠ANSWER ✔✔cofounder of Intel, Moore's law
Moore's Law - 🧠ANSWER ✔✔computer processing power will double every
eighteen months or so. Includes internet size
Leader - 🧠ANSWER ✔✔buy the newest tech and hope to gain an edge
Follower - 🧠ANSWER ✔✔wait to see what tech works, losing the edge