IT

(noun)

Information Technology: the use of computers and telecommunications equipment to store, retrieve, transmit, and manipulate data.

Related Terms

  • subsidiary

Examples of IT in the following topics:

  • Information and Risk Trade-Off

    • IT risk relates to the business risk associated with the use, ownership, operation, involvement, and adoption of IT within an enterprise.
    • Information technology (IT) risk involves the business risk associated with the use, ownership, operation, involvement, influence and adoption of IT within an enterprise.
    • Risk is the product of the likelihood of an occurrence times its impact (Risk = Likelihood x Impact).
    • IT risk management can be viewed as a component of a wider enterprise risk management (ERM) system.
    • ERM should provide the context and business objectives on the management of IT risk.
  • Reporting Assets

    • A business must report an asset's acquisition cost, how it is depreciated, any subsequent expenditures tied to it, and how it is disposed.
    • The act of using an asset can often cause it to lose value because it physically wears out the property.
    • Then it must record any cash or property it received in exchange for the asset.
    • Finally, it must record any gain or loss it sustained on the disposal of the property.
    • Explain how to value and report an asset from its acquisition to its disposal
  • Student Learning Outcomes

  • A Brief Definition

    • Promotion – how the producer communicates the value of its products – is one of the market mix elements.
    • Promotion – how the producer communicates the value of its products – is one of the market mix elements.
    • There are five elements an organization may choose to include in its promotional mix or promotional plan.
  • Setting Team Goals and Providing Team Feedback

    • Periodic performance assessments help a team identify areas for improvement so it can better achieve its goals.
    • Periodic self-assessments that consider the team's progress, how it has gotten there, and where it is headed allow the team to gauge its effectiveness and take steps to improve its performance.
    • To assess its performance, a team seeks feedback from group members to identify its strengths and its weaknesses.
    • Feedback from the team assessment can be used to identify gaps between what it needs to do to perform effectively and where it is currently.
    • The team can then use the results as a starting point for its discussion.
  • Flotation

    • An object floats if the buoyancy force exerted on it by the fluid balances its weight.
    • It still weighs one ton, but when it is put in water, it displaces a greater volume of water than when it was a block.
    • When any boat displaces a weight of water equal to its own weight, it floats.
    • The same is true for vessels in air (as air is a fluid): A dirigible that weighs 100 tons displaces at least 100 tons of air; if it displaces more, it rises; if it displaces less, it falls.
    • If the dirigible displaces exactly its weight, it hovers at a constant altitude.
  • Answers to Chapter 20 Questions

    • Furthermore, if a company continually updates its technology, subsequently, it could use intellectual property rights to protect its technology.
    • In theory, the firm could deny the government to use its technology.
    • If the firm has a conflict with the government, it can exit the country and default on its bank loans.
    • Best rated it Tier II while Coface rated it A1.
    • Best rated the Ukraine as a Tier V while Coface rated it a D.
  • Short-Term Memory

    • It has coffee in it.
    • I know it is my cup because it is the one that a potter friend of mine made for me.
    • I know it has coffee in it, because I remember getting it this morning.
    • It is limited to 5-9 items, and it lasts only about 20 seconds.
    • After the operator gives you the number, you begin repeating it to keep it in STM.
  • Avoiding Plagiarism When Using the Internet

    • While it certainly is easy to Control+C, Control+V your way through a speech, it's certainly not wise.
    • Just because it's obscure doesn't mean it's okay to take it and claim it as your own.
    • Plus—on a very plain note—it's just not cool.
    • It's just bad intellectual form.
    • As tempting as it might be to plagiarize with the vastness of available sources on the internet - don't do it.
  • Functions of Money

    • As a result, it is a basis for quoting and bargaining prices.
    • It is necessary for developing efficient accounting systems, but its most important use is that it provides a method to compare the values of dissimilar objects.
    • Gold also had a constant value due to its special physical and chemical properties, which made it cherished by men.
    • It must be fungible.
    • Moreover, it must be predictably usable as a medium of exchange when it is retrieved.
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