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Communication Networks and Information Technology (Scenario)
Michelle has been hired as information systems manager at Prestige Furniture, a fast-growing producer of fine home furnishing products. To date, the company has successfully integrated modern production technology into its manufacturing facilities. Now, Michelle's task is to find ways to apply technologies that will improve communication and the flow of information throughout the organization.
-The vice-president of sales asks Michelle if there are any other communication tools for managers who find email to be too slow.Michelle explains that implementing ________ will significantly improve communications and employees don't have to be at their desk with their computers running.
Par-value Share
A type of stock with a nominal face value that companies define in their corporate charter.
Debenture
An acknowledgment of debts by a corporation normally involving more than one creditor; often used interchangeably with “bond,” but whereas a bond is typically secured against a specific asset, a debenture may be unsecured or secured by a floating charge against inventory.
Commonly Used
Refers to something widely adopted or practiced by a large number of people or within numerous contexts.
Bond
A share interest in the indebtedness of a corporation; often used synonymously with “debenture,” though a bond is normally secured against specific assets, while a debenture is likely not.
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