A Company Intends to Install New Management Software for Its

question 3

Multiple Choice

A company intends to install new management software for its warehouse. The software will cost $47,000 to buy and will cost an additional $148,000 to install and implement. It is anticipated that it will save the company $44,000 through reductions in staff and $69,000 in general inventory costs in the first year after installation. What is the total benefit to the company in the first year if they choose to install the software?

• A) $56,500
• B) $45,200
• C) $113,000
• D) $79,100

Describe the importance of patient-centered care and the patient as an expert in their own care.

Apply SBAR communication in nursing to enhance patient safety and care.

Understand leadership roles within the interprofessional team and the importance of collaborative practice.

Recognize the significance of aesthetic, ethical, and personal knowing in nursing.

---

Definitions:

Liability

Financial obligations or debts that an entity owes to others, which must be settled over time through the transfer of economic benefits.

Customer Payment

Payment made by a customer for goods or services provided, typically recorded as revenue by the receiving business.

Equity Account

An account that represents the owner's or shareholders' residual interest in the assets of a company after deducting liabilities.

Common Stock

This represents ownership shares in a corporation, providing voting rights and entitling the holder to a share of the company's success through dividends and capital appreciation.