Explain the Software Component of Social Media Information Systems (SMIS)with

question 73

Essay

Explain the software component of social media information systems (SMIS)with respect to each of the three organisational roles.

---

Definitions:

Normal Capacity Hours

A calculation of the maximum amount of work that an organization can complete in a given period under normal conditions.

Standard Hours Allowed

The estimated amount of time that should be required to complete a specific amount of work under normal conditions.

Overhead Volume Variance

The difference between the budgeted and actual overhead costs attributable to a change in production volume.

Direct Labor Hours

The total hours worked by employees directly involved in the manufacturing process or production of goods.