Current Question: 25 Which of the following are the advantage of IT and Information Systems on Business Processes? i. People like to print stuff out ii. Managers have access to more information iii. Improvements and developments in communication are having a huge impact on businesses iv. There's an increased need to follovur chains of command [2.0 marks} C! A. i and ii 0 B. i and iv {3 E. ii and iv 0 D. ii and iii Current Question: 27 . The ownership and control of a limited company are legally separate. . Shareholders are the owners but have limited rights over the day to day running of the company . Directors are appointed by shareholders to run the company This statement is true regarding? (2.0 marks) O A. Mutual association O B. Public organization O C. Limited companies O D. PartnershipCurrent Question: 28 Strategic planning is? (2.0 marks) O A. It is basically the planning for the long-term future including the definition of where the organisation needs to go and how to get there. O B. Looks at the medium term and is more of a specific nature than the strategic planning. O C. It looks at the departmental level and specifies how to use resources. O D. Looks at the short term (day to day) and is very detailed.Current Question: 29 Henry Minztberg produced an organisational ideology divided into 5 organisational configurations. Which configuration performs the managerial functions of control over resources, processes and business areas? (2.0 marks) O A. Strategic apex O B. Middle line O C. Technostructure O D. Support staffCurrent Question: 30 Cross elasticity involves a comparison between two products. The concept is a useful one in the context of considering substitutes and complementary products. lfthe cross of elastic demand value is negative this shows, the product is (2.0 marks) 0 A. Complement O B. Unrelated O C. Substitutes O D. Perfectly related