Technology Plays an Increasingly Vital Role Today in Our Forms

question 61

Essay

Technology plays an increasingly vital role today in our forms of communication.Choose three forms of technology that are used frequently today for communication and describe how these have changed the ways that people communicated.

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Definitions:

Fixed Costs

Costs that remain constant irrespective of the level of production or sales, including expenses like rent, salaries, and insurance.

Variable Cost

Expenses that vary depending on the amount of products or services a company generates.

Fixed Costs

Expenses that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums.

Cash Flow

The full measure of money movement into and out of an organization, primarily altering its liquidity status.