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NEW QUESTION: 1
_ is a rate of doing work, not the quantity of work done.
A. Capacity Control
B. Capacity required
C. Capacity
D. Capacity Planning
Answer: C
NEW QUESTION: 2
If your new business (in which you have invested $50,000, which you previously kept in savings, earning 10% interest) earns an accounting profit of $30,000 in the first year, and you had previously been employed as a ditch-digger, earning $10,000 per year, your economic profit is:
A. 15,000.
B. $20,000.
C. -30,000.
Answer: A
Explanation:
Economic profit is total revenue minus both explicit and implicit costs. Accounting profit includes only explicit costs. Thus your economic profit is 30,000 - 10,000 (foregone salary) - 5,000
(foregone interest) = 15,000. The $50,000 is not an opportunity cost, because it is not gone, merely invested in the business.
NEW QUESTION: 3
IT Strategies from Oracle (ITSO) includes many Enterprise Solution Designs (ESD). Which statement best describes what an ESD provides to ITSO?
A. An ESD describes the business processes and data entities that are incorporated into a specific Oracle application.
B. An ESD detailsindustry-specific business processes that span two or more Oracle applications.
C. An ESD identifies the Oracle applications that are focused on a particular vertical industry.
D. An ESD describes the current state and desired future-state architecture of a typical enterprise in a vertical industry.
Answer: B
Explanation:
ITSO is made up of three primary elementsOracle Reference Architecture (ORA),
Enterrprise Technology Strategies (ETS) and Enterprise Solution Designs (ESD).
Enterprise Solution Designs (ESD) are industry specific solution perspectives based on ORA. They define the high level business processes and functions, and the software capabilities in an underlying technology infrastructure that are required to build enterprise-wide industry solutions. ESDs also map the relevant application and technology products against solutions to illustrate how capabilities in Oracle's complete integrated stack can best meet the business, technical and quality of service requirements within a particular industry.
Reference: Oracle Reference Architecture, Service-Oriented Integration, Release 3.0
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