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Information Systems in Management
Surefire, Inc. is a small business owned by Curt and Julie Robards. Based in Brisbane, Australia, Surefire manufactures and sells a lightweight camping stove called the StayLit. Curt, who previously worked as an aerospace engineer, invented and patented a burning nozzle that enables the stove to stay lit in very high winds--up to 90 miles per hour. Julie, an industrial designer in training, developed an elegant folding design that is small, lightweight, easy to set up, and very stable. Curt and Julie manufacture the stove in their garage, and they sell it directly to their customers over the Internet and via phone.
A) How can an analysis of the five competitive forces could help Surefire?
B) What does SureFire's competitive strategy seem to be?
C) How can an information system assist Surefire in implementing the competitive strategy?
Oxl Company has provided services worth $2,000 to its customer. However the customer has not yet been billed. Which of the following journal entry is required to record the revenue?
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Central Sierra Insurance (CSI) is a multi-office insurance company that handles all lines of commercial and personal insurance policies. CEO Eliana Lingle is planning to pay a bonus to employees calculated on each employee's base monthly salary.
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