1)This unit focuses on an important tool used in our everyday lives. Based solel
ID: 2626525 • Letter: 1
Question
1)This unit focuses on an important tool used in our everyday lives. Based solely on time value of money techniques (rationale), do you think it is logical for people to over pay their taxes throughout the year and get a refund? Keep in mind the U.S. government does NOT credit you with interest for monies withdrawn from your paychecks throughout the year.
2)There are people who are simply in love with technology and want to buy every new gadget on the market. There are others who are mistrustful of technology. A manager has to judge the usefulness of technology from a business perspective. Do you think personal attitudes about technology might influence business decisions? What are some ways to prevent this from happening?
Explanation / Answer
1.) Yes, i think it is logical to pay taxes throught the year and get refund as
If people are eligible for these credits, they can substantially reduce or even eliminate the amount of tax that they owe and thus increase their refund. They can actually provide them with a refund in some cases even if they had no tax withholding from your income for the year.
The refunded ammount could be increased and people will be benifitted if they take into considration following refunds.
Also, Every year, a number of U.S. taxpayers around the country get tax refunds even if they owe zero income tax. This is due to withholding calculations and the earned income tax credit. Because withholding is calculated on an annualized basis, an individual just entering the work force or unemployed for a long period of time will have more tax than is owed withheld.
2.)
Yes,in my opinion personal attitudes about technology might influence business decisions as.
a.) Access of files and folders:
Storing important in files on a computer rather than in drawers, for instance, has made information easily accessible for managers. Using e-mail allows businesses to communicate and send these files quickly to remote locations outside of an office.
b.) Market with social media:
Manager can use social media tools to drive traffic to his door. He can always encourage customers to leave reviews after visiting your store, using your services or finishing a meal in your restaurant.
c.) Connect with prospects and partners:
For a smart alternative to time-consuming and costly business trips managers can use solutions like Skype, GoToMeeting or WebEx to hold voice conference calls or videoconferences with customers and clients.
d.) Get organized with project management software:
Manager can simplify things with project management tools let him create and assign tasks, collaborate on projects and track everyone
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