Although informal forecasting techniques are best viewed as
approximations, sophisticated forecasting methods are considered
perfectly accurate.
True
False
Answers
Due to while sophisticated forecasting methods are generally more accurate than informal techniques, they are not considered to be perfectly accurate, the statement is false.
Forecasting is an essential part of decision-making and planning in many areas, such as finance, economics, and supply chain management. There are many forecasting techniques that can be used, ranging from informal methods such as expert judgment and sales force opinions to sophisticated quantitative models that use historical data and mathematical algorithms.
While sophisticated forecasting methods are generally more accurate than informal techniques, they are not considered to be perfectly accurate as there are many factors that can impact the accuracy of a forecast, such as changes in the market or unexpected events.
Therefore, it is important to use a combination of different techniques and to regularly update and adjust forecasts to ensure their accuracy.
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Related Questions
Sally earns graduated commission on her sales each month. she earns 6% commission on the first $45,000 in sales and 8% on anything over that. if sally had $51,000 in sales this month, how much commission did she earn? a. $4,080 b. $3,180 c. $3,060 d. $2,820 please select the best answer from the choices provided a b c d
Answers
The total commission is Option B. 3180.
An income commission is a sum of money paid to a worker upon of entirety of a challenge, normally promoting a sure amount of products or services. Employers once in a while use sales commissions as incentives to grow worker productivity. A commission can be paid further to an income or in preference to a salary.
earns 6% commission on the first $45,000
= $45,000 *8/100
= $2700
8% on anything over that. if sally had $51,000
= $51000 * 8/100
= $4080
Her commission earnings for $45.000 and for the amount she sold above $45.000 (in our case, 51.000 - 45.000 = 6.000).
So in total we have 6/100 * 45.000 + 8/100 * 6000
= 2700 + 480
= 3180.
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Disclaimer: your question is incomplete, please see below for the complete question.
a. $4,080
b. $3,180
c. $3,060
d. $2,820
. fundamental trends driving decisions about effective organizational structures in the 21st century include: group of answer choices a) the internet. b) globalization. c) speed of decision making. d) all of the above e) none of the above
Answers
In the twenty-first century, (B) diversity is one of the fundamental trends influencing choices concerning efficient organizational structures.
Multifunctional organizational structure: Advantages and Disadvantages
-allocating assignments to operational specializations allows employees to focus on just one part of the assigned paperwork.
-permits utilization of the most recent required skills
-gains a good performance management system
Cons: The functionalities can't be coordinated well enough.
-limited viewpoints and disparities between the operational units' agendas
*Integrating tools (understanding the project or working on this issue) are employed within those kinds of businesses to improve coordination and to make it easier for different departments to comprehend one another.
Formal Organisational Frameworks: The 5 kinds
1. Efficient organizational design
2. Organizational Structure That Is Useful
3. Divisional Organization
SBU's parent organization
4. The organisational matrix
5. Product-Team Organization
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Being able to make decisions effectively can make a worker more independent.
Please select the best answer from the choices provided
T
F
Answers
Answer: True
Explanation:
When we are able to make decisions effectively, this can make a worker more independent. This is true.
It should be noted that when one makes decisions effectively, ones confidence is enhanced and one believes more in himself or herself.
When this occurs, as individuals, we trust ourselves and our abilities to make the right decisions which ultimately make us more independent.
Answer:
True
Explanation:
Just took the quiz
how is an eac different from the normal service contractor?
Answers
An EAC (Energy Audit Contractor) is an individual or business that conducts energy audits or energy assessments of buildings to identify potential areas of energy efficiency improvement.
Estimation: The EAC involves estimating the total cost of completing a project, taking into account the actual progress and performance up to a certain point. This estimation helps in forecasting the final cost and determining if the project is on track. In contrast, a normal service contractor may not have a specific estimation process but provides services based on the agreed terms and conditions.
Cost Control: EAC is primarily used for cost control purposes. By comparing the EAC with the original budget, project managers can identify any cost overruns or savings and take appropriate actions. In contrast, a normal service contractor may not have the same level of cost control mechanisms in place as the focus is more on delivering the contracted services.
Project Management: EAC is a tool used within project management to assess project performance and make informed decisions. It helps project managers in monitoring costs, making adjustments, and ensuring the project stays within the budget. A normal service contractor may provide services without the need for detailed project management or cost control measures.
In summary, while an EAC is a concept used in project management for cost control and estimation purposes, a normal service contractor offers services without specific estimation or cost control mechanisms. The EAC focuses on assessing project performance and making adjustments, whereas a normal service contractor delivers services based on the agreed terms.
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why are medical related professions and human resources important?
Answers
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
instructions:wikarambulan is a sound like game. by saying\pronouncing and connecting the word, reveal the elements and factors of principles, tools and techniques in creating a business. write your answer on the blank space provided in the side of the paper.
1. IS TRE ENGCKS
2. OP FORTUNE NI TEAS
3. WEEK NEST CES
4.THREE EATS
5. IN DUST TREE
6. END BY RON MEANT ALL
7. PIE HAVE FOUR ZEST
8. ENCHO NO MEEK
9. SOAP FLYER
10. COST TOO MHER
Answers
Answer:
1.strengths
2.opportunities
3.weakneses
4.threats
5.industry
6.environment
8.economic
9.supliyer
10.customer
Question 5 of 10
Mabel, an accountant, discovers that an analyzed transaction has not been
entered into the books. At what step in the accounting cycle is she most likely
to make this discovery?
A. While preparing journal entries
B. While calculating trial balances
C. While posting to the general ledger
D. While preparing a worksheet
Answers
Answer: B.
Explanation:
While calculating trial balances
Objective and subjective product criteria are developed during the ________ stage of the purchase decision process so that the decision can be made in the next stage.
Answers
Objective and subjective product criteria are developed during the alternative evaluation stage of purchase decision.
What is alternative evaluation?Alternative evaluation is the the third stage in the consumer buying decision. It refers to the stage in the buying decision process in which the buyer uses information gathered to make a final choice between the products in the evoked set.
The alternatives should reflect different approaches to the problem or different priorities across objectives, and should present decision makers with real options and choices
Hence, objective and subjective product criteria are developed during the alternative evaluation stage of purchase decision.
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Which of the following is true of Creditmetrics when it is used to calculate credit VaR
A) Creditmetrics takes defaults but not downgrades into account
B) Creditmetrics takes downgrades but not defaults into account
C) Creditmetrics considers neither defaults nor downgrades
D) Creditmetrics considers both defaults and downgrades
Answers
When used to calculate credit VaR, the true statement about Creditmetrics is: Creditmetrics takes defaults but not downgrades into account. So, the correct answer is A.
Creditmetrics is a popular model used to measure credit risk in a portfolio. It calculates the potential loss that could occur in a portfolio due to credit defaults. The model uses historical data on credit ratings and default rates to estimate the likelihood of default for each issuer in the portfolio.
However, Creditmetrics does not take into account downgrades, which can also impact the value of a portfolio. This is because downgrades are less predictable than defaults and can happen more frequently, making them difficult to model accurately.
Overall, Creditmetrics is a useful tool for measuring credit risk, but it is important to keep in mind its limitations and supplement it with other risk management techniques to ensure a comprehensive understanding of portfolio risk. Therefore, the correct answer to the given question is option A.
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which of these is an example of separation of powers?
the president enforces a law passed by congress.
representatives hold hearings to hear public opinion.
representatives rewrite a bill in committee meetings.
the president fires a cabinet member who is performing poorly.
Answers
I would say The president enforcing a law passed by Congress is an example of separation of powers.
What impacts did the decentralization of the u.s. banking system during the free banking era have on the currency in the united states? select the two correct answers.
the purchasing power currencies issued by state banks varied wildly from state to state.
monetary reserves decreased.
the money supply declined.
the amount of loanable funds increased.
land was frequently purchased with counterfeit currency.
Answers
The impacts of the decentralization during the free banking era are :
( A ) The purchasing power currencies issued by state banks varied wildly from state to state.( C ) The money supply declined Impacts of free banking eraDuring the free banking era the banks did not survive for long as necessary as they were unable to redeem their notes as the purchasing power of currencies varies from state to state.
Hence we can conclude that the impacts of the decentralization during the free banking era are as listed above.
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The fairest method for calculating interest on an account used ____ method for determining the balance to which the interest rate is applied.
Answers
Answer:
how to calculate diminishing
(cost price -accumulated depreciation) x rate x per
1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
Answers
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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your company requires that all the data on your ebs-backed ec2 volumes be encrypted. how would you go about doing this?
Answers
Even if you don't use the encrypted=true request parameter, encryption by default enables you to guarantee that all newly generated EBS volumes in your account are encrypted at all times.
What holds true regarding the functionality of encryption with EBS?
What holds true regarding the functionality of encryption with EBS? When you take a snapshot of an encrypted volume, you generate an encrypted snapshot; when you restore an encrypted snapshot, you create an encrypted volume.
What steps should you take to safeguard the data on EBS volumes?
3 Important Things to Keep in Mind to Protect Data in Your Most Important EBS...
EBS Volume Encryption is the first.
Access Management, often known as how to prevent deletion of your EBS volumes, is item number two.
3 - How to Backup and Recover EBS Data Correctly
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are you smart enough to do that task try it who is the first person made the light
Answers
on december 1, chocolate inc. sells 2,000 shares of its $1 par value common stock for $16 per share. the journal entry on december 1 will include a debit to cash for $32,000. group of answer choices true false
Answers
Contrary to popular belief, accounting is the activity of categorizing, documenting, compiling, and deciphering business transactions.
The definition of a journal entry?A transaction is documented by a journal entry made in your company's books. In double-entry bookkeeping, there must be a minimum of two journal entries for every transaction. A bookkeeper uses journal entries to record all the changes that a transaction might make to the business. By making a journal entry, a firm can record information about a transaction in its accounting records. A journal entry is frequently kept in the general ledger, but it can alternatively be retained in a subsidiary ledger and then rolled forward into the general ledger once it has been summarized.To learn more about Accounting refer to:
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A fast food restaurant chain has identified day commuters as its market segment. If the chain wants to persuade this segment to buy its fast food products, what would be the most likely place for it to advertise
Answers
What would be the most likely place for it to advertise is: on buses and with signs on parking lots.
What is Advertisement?Advertisement can be defined as the process of creating product awareness to attract customer so as make profit or to generate revenue.
Based on the given scenario the best place to advertise the food is on buses and with sign on parking lots since the restaurant chain has identified day commuters as it target customers doing this will help to persuade this commuter to buy the fast food product.
Inconclusion what would be the most likely place for it to advertise is: on buses and with signs on parking lots.
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Consider a firm whose shareholders have agreed that, as legal owners of the firm, they wish to have the firm managed in such way as to have the stock price as high as possible. What would be the goal of such an objective?.
Answers
The goal of such an objective of increasing stock prices is frequently immediately linked to management's success in creating value.
How can a firm increase its share price?A company's share price is decided by market supply and demand once it becomes public and its shares begin trading on a stock exchange. The price will rise if there is a large demand for its shares.
The long-term impact of a company's business actions is reflected in stock values. Investors might immediately realize capital gains by selling their shares in a company when it maximizes its stock price.
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What will you call an employee who prioritizes her own goals rather than the team’s goal?
Answers
Answer:
Selfish, self-centred, self-seeking, self-serving, tactless, greedy.
Environmental forces that shape the nature of an organization's actions include social, economic, technological, competitive, and ______ forces.
Answers
Answer: regulatory
Explanation:I just found it online
Please help, I'm so behind. How is net pay different from gross pay?
Answers
Answer:
Quantity
Explanation:
gross is the total with no type of changes. Net is your total deductions such as tax or anything like that.
please help me with this match the column if i get perfect answer then i will give brainliest
Answers
Answer:
what do you need help on
Explanation:
20 points!
Which phrase best completes the table?
Monopoly
Benefits- has lower production costs
?
Drawbacks- allows for little competition between businesses
May lead to price fixing
A. Promotes innovation and entrepreneurship
B. Is less likely to be regulated by the government
C. Has more money for research and development
D. Makes a greater variety of products available to consumers
Answers
Monopoly has more money for research and development is the phase that best completes the table.
What is a monopoly?A monopoly is when one business holds a dominant position within an industry or a sector to the exclusion of all other serious competitors.
Monopolies are frequently discouraged in countries with free markets. They are viewed as causing price gouging and declining quality because consumers have few other options. They can also concentrate money, authority, and influence in the hands of a single person or a small group of people.
On the other hand, governments may support and even impose monopolies for some basic services like utilities.
The lack of competition that characterizes a monopoly can result in high costs for consumers, subpar goods and services, and dishonest corporate practices.
A business that controls a certain market or industry may take advantage of that status at the expense of its clients. It has the ability to control prices, fudge supply and demand, and produce fake scarcities. It may make it difficult for new competitors to enter the market and prevent experimentation or the creation of novel products. The consumer is at its mercy because they have no other option but to choose a competitor.
Markets that have been monopolized frequently turn unjust, uneven, and ineffective.
Because they either control the majority of the market for their product or are the only provider of it, monopolies often have an unfair advantage over their rivals. Monopolies may vary from one business to another, although they frequently have the following traits in common:
High entry barriers because a single company controls the market, competitors cannot enter it.There is only one seller in the market at this time.Price maker- The business with the monopoly can set the price for its goods without worrying that a rival will undercut it. Prices may be raised at will by a monopoly.A monopoly may purchase enormous quantities of the raw materials it requires at a volume discount thanks to economies of scale. Then, it can reduce its costs so drastically that smaller rivals won't be able to compete.
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problem 13.5 (Abandonment Option)
The Scampini Supplies Company recently purchased a new delivery truck. The new truck has an after-tax cost of $24,000, and it is expected to generate after-tax cash flows of $6,500 per year. The truck has a 5-year expected life. The expected year-end abandonment values (after-tax salvage values) for the truck are given below. The company's WACC is 11%.
After-Tax
Year Annual After-Tax Cash Flow Abandonment Value
0 ($24,000) - 1 6,500 $20,000 2 6,500 17,500 3 6,500 13,500 4 6,500 7,500 5 6,500 0 What is the truck's optimal economic life? Round your answer to the nearest whole number.
year(s)
Would the introduction of abandonment values, in addition to operating cash flows, ever reduce the expected NPV and/or IRR of a project?
-Select-YesNo
Answers
The truck's optimal economic life is 4 years. The introduction of abandonment values, in addition to operating cash flows, can potentially reduce the expected NPV and/or IRR of a project.
To determine the truck's optimal economic life, we need to find the year in which the net present value (NPV) is maximized. The NPV is calculated by discounting the after-tax cash flows and abandonment values to their present values using the company's weighted average cost of capital (WACC) of 11%. The economic life that yields the highest NPV is considered optimal.
In this case, the NPV for each year is as follows:
Year 0: -24,000
Year 1: 4,950
Year 2: 3,662.81
Year 3: 1,781.45
Year 4: 724.71
Year 5: 0
The highest NPV is achieved in Year 4, with a value of 724.71. Therefore, the truck's optimal economic life is 4 years.
Regarding the introduction of abandonment values, it can affect the expected NPV and/or IRR of a project. If the abandonment values are substantial and occur in the later years, they can increase the expected NPV and potentially improve the project's profitability. However, if the abandonment values are minimal or occur in the earlier years, they may not have a significant impact on the NPV or IRR. It ultimately depends on the magnitude and timing of the abandonment values depreciation in relation to the project's cash flows and discount rate.
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an amount of money an insurance company pays to a person who has previously deposited money with the company is called a pension.
Answers
The given statement is not completely accurate as a pension is a regular payment made by an employer to retired employees.
An amount of money that an insurance company pays to a person who has previously deposited money with the company is called an annuity.An annuity is an investment product that provides regular income payments in exchange for a lump sum or a series of payments made by an individual. These payments can begin immediately or at some point in the future. The income can be paid out for a set number of years or for the rest of the annuitant's life
An annuity is an insurance contract that provides guaranteed income for a specific period or for life. The amount of income received is determined by the initial deposit, the length of the payout period, and other factors such as interest rates and inflation. Annuities are typically used for retirement savings because they provide a steady stream of income that can help to cover living expenses in retirement. They are also used to provide income for beneficiaries after the annuitant's death. There are different types of annuities, including fixed annuities, variable annuities, indexed annuities, and immediate annuities. Fixed annuities offer a fixed interest rate and a guaranteed payout, while variable annuities allow for investment in mutual funds or other securities. Indexed annuities offer returns based on a specific stock market index, and immediate annuities provide a payout immediately after the initial deposit. An annuity can be a good option for individuals who are looking for a guaranteed source of income in retirement. However, it is important to carefully consider the terms and conditions of the annuity before making a purchase.
An annuity is a financial product that provides a guaranteed stream of income in exchange for an initial deposit. It is typically used for retirement savings and can provide a steady source of income that can help cover living expenses in retirement. There are different types of annuities available, including fixed, variable, indexed, and immediate annuities. Before purchasing an annuity, it is important to carefully consider the terms and conditions to ensure that it is the right option for your financial situation.
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Calculate net worth using the following information.
Assets Liabilities
car - $3,500 car loan - $3,000
savings account - $1,000 credit card - $500
cash - $80
stock - $120
$1,200
$8,200
$12,000
$500
Answers
The net worth of the person, using the given information, can be found to be $ 1, 200
What is a person's net worth ?The value of all assets less the sum of all obligations is what is known as net worth. In other words, net worth is the sum of all assets minus all liabilities.
A person's or company's net worth is the value of their assets less the amount of obligations they have. It is a crucial indicator for assessing a company's health because it offers a helpful overview of its present financial situation.
In the financial industry, one's net worth—also known as net wealth—is used to determine whether a person is eligible for a particular set of investment opportunities or financial products, such as hedge funds, structured products, or other sophisticated or alternative investments.
The net worth of a person can be found by the formula :
= Assets - Liabilities
= 3, 500 + 1, 000 + 80 + 120 - 3, 000 - 500
= 4, 700 - 3, 500
= $ 1, 200
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Utilitarianism's fundamental approach is that decisions are established based on previous consequences and result from past actions
True False
Answers
The statement "Utilitarianism's fundamental approach is that decisions are established based on previous consequences and result from past actions" is False.
Utilitarianism is an ethical theory that holds that the morality of an action should be determined by its ability to promote the greatest happiness for the greatest number of people. Utilitarianism is a consequentialist theory, which means that it judges the morality of an action based on its consequences or outcomes. The utilitarian approach to decision-making is forward-looking, rather than backward-looking. It focuses on the future consequences of a decision rather than on the past consequences of previous actions. In other words, utilitarianism considers the potential outcomes of an action and selects the action that will produce the greatest overall benefit to society.
Therefore, the correct statement regarding utilitarianism's fundamental approach is that decisions are established based on future consequences and result from present actions, rather than being based on previous consequences and past actions.
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round to the nearest thousand . 7665
Answers
Answer:
8,000
Explanation:
Hope it helped!
Answer:
8000
Explanation: add 1 when you see 6-10 in rounding off questions.
Refer to he above diagram, which pertains to a purelycompetitive firm. Curve A represents:
A. total revenue and marginal revenue.
B. marginal revenue only.
C. total revenue and average revenue.
D. total revenue only.
Refer to the above diagram, which pertains to a purelycompetitive firm. Curve C represents:
A. total revenue and marginal revenue.
B. marginal revenue only.
C. total revenue and average revenue.
D. average revenue and marginal revenue.
Answers
Curve A represents total revenue only for a purely competitive firm. Option D is correct.
Curve C represents average revenue and marginal revenue for a purely competitive firm. Option D is correct.
In a purely competitive market, the firm is a price taker, meaning it has no control over the price of its product. Therefore, the price is constant and equal to the marginal revenue (MR) for the firm. Since MR is constant, the total revenue (TR) curve is a straight line with a positive slope.
The firm can sell any quantity at the market price, so the quantity sold does not affect the price. Thus, the average revenue (AR) curve is also a horizontal straight line at the market price. Curve A, in the diagram, has a positive slope and represents TR, making option D the correct answer.
In a purely competitive market, the demand curve facing the firm is perfectly elastic, meaning the firm can sell any quantity at the market price. As a result, the average revenue (AR) curve coincides with the marginal revenue (MR) curve, both of which are horizontal straight lines at the market price.
The market price is constant and equal to the firm's AR and MR. Curve C, in the diagram, represents both average revenue and marginal revenue, making option D the correct answer.
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Why’s are payroll withholding and estimated tax useful
Answers
Answer:
it is actually "They make sure people aren't surprised by how much they owe for the year all at once." i just took the quiz
Explanation: