Melinda Has Just Graduated with a Master's Degree in Information

question 55

Essay

Melinda has just graduated with a master's degree in information technology and has been having trouble finding a corporate job.None of the large companies she has contacted have job openings in her field.So Melinda decides to try marketing her services to some of her home town businesses.These businesses have been very slow to adopt new technology.For instance,the local hardware store runs just like it did thirty years ago,with an aging cash register and paper-based bookkeeping.She plans to talk with the store's owner about hiring her part time as its IT specialist to modernize the store's systems.What objections might the hardware store owner have to the idea of hiring an IT specialist,and what should Melinda say to convince the owner of the store that she can help increase the store's sales?

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Definitions:

Turnover Rate

A measure used to assess how frequently investments or inventory are replaced or sold over a given period.

Assets

Economic resources or owned items of value, including cash, property, and investments, that an individual or company can utilize to cover liabilities.

Dividend Yield

The ratio of a company's annual dividend payments to its share price, indicating the earnings investors can expect from owning the stock.

Liabilities

Financial obligations or debts that a company owes to others, which must be repaid.