Case-Based Critical Thinking Questions

question 22

Multiple Choice

Case-Based Critical Thinking Questions
Case 1-2
Sam is a distributor of ceramics.He uses Excel 2010 to record his inventory and order forms.Sam's worksheet for his company's monthly orders needs to display summary information including total number of items ordered,and the amount of revenue generated from those orders.
-First Sam will add the number of orders.He chooses to use the ____ function from the AutoSum feature.

• A) MAX
• B) ADD
• C) SUM
• D) TOTAL

Recognize the impact of globalization and technological pressures on businesses.

Identify various approaches businesses take to respond to external pressures.

Understand the concept of the digital divide and efforts to mitigate it.

Distinguish between societal, market, and technological pressures in a business context.

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Definitions:

Electronic Entries

Transactions or records created and stored in digital form, often used in banking and bookkeeping.

Absence

The state of something being not present or lacking.

Double Coincidence

A condition in barter systems where two parties each possess an item the other wants, facilitating a direct exchange without the need for a common currency.

Different Products

Varieties of goods and services that are distinct in quality, features, or branding, catering to diverse consumer needs.