Evaluate the statement for the given passage below
In order to better understand the role of Information Technology in economic growth it is important to realise that the digital economy is more than an economy conducted on the Internet. Rather, it represents the pervasive use of Information Technology (hardware, software and telecommunications) in all aspects of the economy, including internal operations of organisations (business, government and non-profit); transactions between organisations; and transactions between individuals, acting both as consumers and citizens, and organisations. Information Technology has enabled the creation of a host of tools to create, manipulate, organise, transmit, store and use information in digital form in new ways and through new organisational forms. Its impact is pervasive as it is used in virtually every sector, from farming to manufacturing and from government to services.
Statement
If it were not for Information Technology, the new forms of organisational exchange of information would not have been created.
Evaluate the statement for the given passage below
In order to better understand the role of Information Technology in economic growth it is important to realise that the digital economy is more than an economy conducted on the Internet. Rather, it represents the pervasive use of Information Technology (hardware, software and telecommunications) in all aspects of the economy, including internal operations of organisations (business, government and non-profit); transactions between organisations; and transactions between individuals, acting both as consumers and citizens, and organisations. Information Technology has enabled the creation of a host of tools to create, manipulate, organise, transmit, store and use information in digital form in new ways and through new organisational forms. Its impact is pervasive as it is used in virtually every sector, from farming to manufacturing and from government to services.
Statement
The disappearance of Information Technology would bring about economic regression.
Evaluate the statement for the given passage below
In order to better understand the role of Information Technology in economic growth it is important to realise that the digital economy is more than an economy conducted on the Internet. Rather, it represents the pervasive use of Information Technology (hardware, software and telecommunications) in all aspects of the economy, including internal operations of organisations (business, government and non-profit); transactions between organisations; and transactions between individuals, acting both as consumers and citizens, and organisations. Information Technology has enabled the creation of a host of tools to create, manipulate, organise, transmit, store and use information in digital form in new ways and through new organisational forms. Its impact is pervasive as it is used in virtually every sector, from farming to manufacturing and from government to services.
Statement
The digital economy is a device used in several aspects of Information Technology
Evaluate the statement for the given passage below
The US and India have reached an agreement that takes into account India's domestic concerns about food security. The resulting 'Bali package', which addresses trade facilitation, agriculture and the issues of least developed countries (LDCs), has restored some degree of faith in the World Trade Organisation (WTO). However, there remains a wide gap between WTO rules and business realities on-the-ground. It is these new 21st century realities such as technology, environment, intellectual property (IP) and finance that are at the core of two ambitious 'mega-regional' trade deals - the Transpacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP). The TPP, with 12 member countries, is estimated to account for over one-quarter of world trade. The TTIP, with 28 countries, makes up almost a third.
Statement
The agreement signed in Bali has restored some faith in the WTO.
Evaluate the statement for the given passage below
The US and India have reached an agreement that takes into account India's domestic concerns about food security. The resulting "Bali package", which addresses trade facilitation, agriculture and the issues of least developed countries (LDCs), has restored some degree of faith in the World Trade Organisation (WTO). However, there remains a wide gap between WTO rules and business realities on-the-ground. It is these new 21st century realities such as technology, environment, intellectual property (IP) and finance that are at the core of two ambitious "mega-regional" trade deals - the Transpacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP). The TPP, with 12 member countries, is estimated to account for over one-quarter of world trade. The TTIP, with 28 countries, makes up almost a third.
Statement
The TPP and the TTIP together account for more than 50% of world trade.
Evaluate the statement for the given passage below
The US and India have reached an agreement that takes into account India's domestic concerns about food security. The resulting "Bali package", which addresses trade facilitation, agriculture and the issues of least developed countries (LDCs), has restored some degree of faith in the World Trade Organisation (WTO). However, there remains a wide gap between WTO rules and business realities on-the-ground. It is these new 21st century realities such as technology, environment, intellectual property (IP) and finance that are at the core of two ambitious "mega-regional" trade deals - the Transpacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP). The TPP, with 12 member countries, is estimated to account for over one-quarter of world trade. The TTIP, with 28 countries, makes up almost a third.
Statement
The issues of least developed countries have been resolved in the Bali package.
Evaluate the statement for the given passage below
The US and India have reached an agreement that takes into account India's domestic concerns about food security. The resulting "Bali package", which addresses trade facilitation, agriculture and the issues of least developed countries (LDCs), has restored some degree of faith in the World Trade Organisation (WTO). However, there remains a wide gap between WTO rules and business realities on-the-ground. It is these new 21st century realities such as technology, environment, intellectual property (IP) and finance that are at the core of two ambitious "mega-regional" trade deals - the Transpacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP). The TPP, with 12 member countries, is estimated to account for over one-quarter of world trade. The TTIP, with 28 countries, makes up almost a third.
Statement
The issue of intellectual property is a centuries-old problem.
Evaluate the statement for the given passage below
One of the critical elements of performance management is coaching people to develop the skills that can make them achieve success and move up the corporate ladder. This development planning process is traditionally tied to an assessment of the individual's skills gaps - assessed against specific competencies which the organisation believes are valuable. The assessment gives an employee a sense of the skills they need to perform at a higher level, and specifically the skills and competencies they need to develop for success. The organisation, in turn, gains a sense of the employee's compatibility and potential within the company, as well as a clearer understanding of the competencies that result in the employee's higher performance.
Statement
Undergoing performance management is essential for moving up the corporate ladder.
Evaluate the statement for the given passage below
One of the critical elements of performance management is coaching people to develop the skills that can make them achieve success and move up the corporate ladder. This development planning process is traditionally tied to an assessment of the individual's skills gaps - assessed against specific competencies which the organisation believes are valuable. The assessment gives an employee a sense of the skills they need to perform at a higher level, and specifically the skills and competencies they need to develop for success. The organisation, in turn, gains a sense of the employee's compatibility and potential within the company, as well as a clearer understanding of the competencies that result in the employee's higher performance.
Statement
The main benefit of performance management is the dismissal of under-achieving workers.
Evaluate the statement for the given passage below
One of the critical elements of performance management is coaching people to develop the skills that can make them achieve success and move up the corporate ladder. This development planning process is traditionally tied to an assessment of the individual's skills gaps - assessed against specific competencies which the organisation believes are valuable. The assessment gives an employee a sense of the skills they need to perform at a higher level, and specifically the skills and competencies they need to develop for success. The organisation, in turn, gains a sense of the employee's compatibility and potential within the company, as well as a clearer understanding of the competencies that result in the employee's higher performance.
Statement
Employees awareness of the competencies necessary for success will improve company performance.