In the given Simple Model, I would like to add Requirements Gathering and Analysis after the Problem Statement. Because we know the problem description and we need to derive the requirements using the given data.
What exactly does "process modeling" mean?Business processes or workflows are represented graphically in process modeling. Similar to a flow chart, each stage of the process is broken down so that a complete picture of the tasks involved in it within the context of the business environment is available.
A process model enables business processes to be visualized, helping firms better understand their internal business processes and manage and improve them. This is typically a flexible exercise for ongoing development.
What advantages does process modeling have?
Business processes are given a visual representation through the process modeling method, making it easier for users to analyze them and determine how they might be improved. Process modeling also has additional advantages, such as:
Increased effectivenessGain transparencyEnsure best practicesDevelop comprehensionBusiness orchestration.Learn more about business with the help of the given link:
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What are two common security threats that it personnel encounter in businesses on a regular basis?.
Here are the two common cyber threats that IT personnel encounter in businesses on a regular basis are:
Viruses and wormsWhat is Viruses and worms ?Viruses and worms are malicious software programs (malware) aimed at destroying an organization's systems, data and network. A computer virus is a malicious code that replicates by copying itself to another program, system or host file. It remains dormant until someone knowingly or inadvertently activates it, spreading the infection without the knowledge or permission of a user or system administration.
A computer worm is a self-replicating program that doesn't have to copy itself to a host program or require human interaction to spread. Its main function is to infect other computers while remaining active on the infected system. Worms often spread using parts of an operating system that are automatic and invisible to the user. Once a worm enters a system, it immediately starts replicating itself, infecting computers and networks that aren't adequately protected.
Preventing viruses and worms
To reduce the risk of these types of information security threats caused by viruses or worms, companies should install antivirus and antimalware software on all their systems and networked devices and keep that software up to date. In addition, organizations must train users not to download attachments or click on links in emails from unknown senders and to avoid downloading free software from untrusted websites. Users should also be very cautious when they use P2P file sharing services and they shouldn't click on ads, particularly ads from unfamiliar brands and websites.
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Gross domestic product understates the total production of final goods and services because of the omission of
Gross domestic product understates the total production of final goods and services because of the omission of option(d) i.e, the underground economy.
The gross domestic product (GDP) is a commonly used indicator of the value added produced by the production of goods and services in a country over a certain time period (GDP). As a result, it also takes into account the money made from that manufacturing or the sum of money spent on finished goods and services (fewer imports).
The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports.
Since it tells us about the size and health of an economy, GDP is important. Real GDP growth is frequently employed as a proxy for the state of the economy as a whole. Real GDP growth is typically regarded as a sign that the economy is doing well.
The demand for labor, the major and usually the only asset of the poor, rises as employment prospects improve. In turn, increasing employment has been a major factor in producing quicker growth.
The underground economy is made up of transactions that are deemed unlawful or do not follow the government's reporting standards.
Therefore, because they are not included, the GDP is understated.
The complete question is:
Gross domestic product understates the total production of final goods and services because of the omission of inflation. intermediate goods. exports. the underground economy.
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Why is the unemployment rate, as measured by the bureau of labor statistics, an imperfect measure of the extent of joblessness in the economy?
The unemployment rate, as measured by the bureau of labor statistics, an imperfect measure of the extent of joblessness in the economy. because It does not account for illegal activities.
It is unable in accounting the inaccurate responses to the Current Population Survey.
Moreover the discouraged workers are not considered as unemployed in this statistics they are considered as completely employed.
Unemployment means when the people are not working, but they are willing to work and are actively looking for work.
In the given survey every person who get job is considered as employed.
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Developing and establishing professional contacts that can assist you in finding employment is?
It is called networking.
Networking is the informal social exchange of information and ideas between people who share a profession or a common interest. Networking frequently begins with a single point of commonality.
Networking is making use of personal, commercial, academic, or family relationships to help with a job hunt, attain career objectives, learn more about your industry, or another sector in which you'd like to work. Networking might help you learn about career prospects or gain access to a firm one want to work for.
Therefore, the answer is networking.
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The Michener Corporation is trying to choose between the following two mutually exclusive design projects: 63000
The Michener Corporation Company must choose Project 2 as its more profitable. Here's why,
SOLUTION: -Profitability Index PI = ( PV of future cash flows) / Initial investment
PV of future cash flows = Σ CFn / ( 1 + r )ⁿ, where, CFn is the cash flow for year.
Required return = r = 11%
For Project 1,
PV of future Cash Flows
= 32000 / ( 1+0.11 ) + 32000 / ( 1+0.11 )² + 32000 / ( 1 + 0.11 )³ = $78198.87
Initial Investment = $63000
⇒ PI = 78198.87 / 63000 = 1.24
For Project 2,
PV of future Cash Flows
= 9750 / ( 1 + 0.11 ) + 9750 / ( 1 + 0.11 )² + 9750 / ( 1 + 0.11 )³ = $23826.21
Initial Investment = $18100
⇒P or profitability index = 23826.21 / 18100
= 1.32
Therefore, According to profitability index rule, project with highest PI should be selected. Hence, Project 2 should be selected.
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The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called:
The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called Socialism.
A socialist economy is that system of production where production of goods and services is done for using it directly, however in a capitalist economic system, goods and services are produced generally to generate profit means they are produced for indirect use.
"Production which is done under socialism would always be directly and solely for use. With the use of natural and technical resources of the world which are controlled democratically, the sole objective of the production is to meet human needs only."
Goods and services would be produced only for their usefulness, or for their usage-value. It eliminates the need for market-induced needs of profits.
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In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest. What was the principal amount of the bond if the interest was calculated based on simple interest
The principal amount: 1084.48
Denote the principal amount: p
In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest.
=> P x (1 + 4.75/100)^25 - P = 2375
=> P x 3.19 - P = 2375
=> P x 2.19 = 2375
=> P = 2375/2.19 = 1084.48$
The principal is most commonly used to refer to the original amount borrowed on a loan or invested in an investment. It can also refer to the face value of a bond, the owner of a private company, or a key participant in a transaction.
Suppose you buy a home for $ 300,000 with a 20% down payment. In this case, you will pay back $ 60,000 on your loan. The mortgage lender then pays $ 240,000, which is the cost of the loan balance. In this case, the principal balance will be $ 240,000.
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Answer:2000
Explanation:
According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus
According to the neoclassical view, an increase in the cpi leads to d) No shifting of the SRAS curve ceteris paribus.
SRAS way the long-run production capacity of an economic system. An alternate inside the price degree does no longer affect the SRAS. the quick-run mixture supply curve (SRAS) shall we capture how all of the corporations in an economic system respond to rate stickiness. While prices are sticky, the SRAS curve will slope upward. The SRAS curve suggests that a better rate level leads to more output.
Ultimately, the most essential element shifting the SRAS curve is productiveness increase. Productivity—in economic terms—is how tons of output can be produced with a given amount of labor. One degree of that is output according to employee, or GDP according to capita.
A boom in mixture delivery because of a decrease in entering expenses is represented by means of a shift to the right of the SAS curve. A 2nd issue that causes the mixture delivers curve to shift is monetary growth. Superb financial boom effects from an increase in efficient sources, together with exertions and capital.
The question is incomplete. Please read below to find the missing content.
According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus.
a) A rightward shift in the SRAS curve
b) A leftward shift in the SRAS curve
c) A upward shift in the SRAS curve
d) No shifting of the SRAS curve
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Although most people want maximum attainment of every economic goal, there is the operating reality of ________________________ that causes us to give up some of one thing if we want more of another.
Although most people want to maximum attainment of every economic goals, there is the operating reality of opportunity cost that causes us to give up some of one thing if we want more of another.
What is Opportunity Cost?Opportunity cost is a concept in economics and it refers to the cost of something that has to be given up to enjoy something better. This can be for example the benefits of second best alternatives (when the first best is chosen) or alternative use of something, which is not decided on (the cost of not using land for farming and using it for building a house instead).
It is the amount or benefits an individual or organization get when they choose a particular products over another one.
The advantage could be monetary benefits.
Therefore, we can conclude that Although most people want to maximum attainment of every economic goals, there is the operating reality of opportunity cost that causes us to give up some of one thing if we want more of another.
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True or false? when a goal is not met, a manager should assume that employees were not performing to their utmost potential.
When a goal is not met, a manager should assume that employees were not performing to their utmost potential is a false statement.
The management of a corporation sets organizational goals as strategic objectives to describe expected results and direct employees' efforts.
Employees are prone to making blunders when their expectations are unclear. Here, communication and clarity are crucial.
Employees won't ask for assistance or clarification and will instead try to assume what management and the business expect them to do if duties and expectations are unclear and open and encouraged lines of communication.
Employees cannot read minds, so before employing someone, make sure you have a clear understanding of both the position they will play in the organization as well as how management will assess their performance and value to the business.
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In market analysis, ______ could be useful for analyzing the competition. a. private investigators b. telephone surveys c. SWOT analysis d. the breakdown process
Answer: C. SWOT Analysis
Explanation:
Answer: c
Explanation:
The _____________________ model produces for maximum profits where mr = mc and charges a higher price and produces less than the lowest cost output per unit (atc).
The profit-maximizing firm model produces for maximum profits where mr = mc and charges a higher price and produces less than the lowest cost output per unit (atc). Profit maximization is the process by which businesses ensure that the best output and price levels are achieved in order to maximize their returns.
The firm adjusts influential factors such as sale price, production cost, and output levels to achieve its profit goals. The production quantity where marginal revenue equals marginal cost is where the monopoly can make the most money: MR = MC.
If the monopoly produces fewer units, MR > MC at those levels of output, and the firm can increase profits by increasing output. Find cheaper raw materials than those currently in use as an example of profit maximization. Find a supplier who provides better prices on inventory purchases.
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The cost object in a job order system is the ______ and the cost object in a process costing system is the ______. Multiple choice question. process; department job; process or department department; process process; specific job
The cost object in a job costing order system is the specific job assigned and the cost object in a process job costing system is the process itself.
What is Job Costing?Accounting that tracks costs and receipts by "job" and facilitates uniform reporting of profitability by work is known as "job costing."An accounting system must enable the assignment of job numbers to specific expenditures and revenue items in order to support job costing. A job can be described as a specific project completed for a single client, a single manufactured product, or a batch of identical pieces created simultaneously.It is necessary to keep track of which "job" uses which direct costs, such as direct labor and direct materials, before allocating overhead costs, such as indirect labor, warranty costs, quality control costs, and other overhead costs, to the jobs in order to apply job costing in a manufacturing setting. A job profitability report is similar to the company's general profit and loss statement, but it is tailored to each individual job number.To learn more about Job costing with given link
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Like personal selling, direct marketing makes use of Blank______ communication, allowing the seller to adapt messages according to the particular customer. Multiple choice question.
Like personal selling, direct marketing makes use of interactive communication, allowing the seller to adapt messages according to the particular customer.
Effective Interactive conversation is key to ensuring effective interactive verbal exchanges with others and is important to assembly the CRA 's commercial enterprise targets. It requires lively listening, information on others' points of view, and being capable of responding verbally in the correct way.
This capability to form a court and correctly speak with another character through communication calls for a variety of competencies, which includes suggesting, developing subjects, thinking, paying attention to and linking facts, participating, and negotiating outcome.
One of the essential blessings of interactive communique is that it lets in the area for body language or different physical cues (at the least if it is introduced in individual or thru video convention). Interactive communique can also be first-class when relaying sensitive or extreme information because it tends to be greater than non-public.
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The purpose of environmental scanning is to:
Environmental scanning is the process of gathering information about events and their relationships within an organization's internal and external environments. The basic purpose of environmental scanning is to help management determine the future direction of the organization.
A shift in the political climate ought to cause a financial shift. An alternate in the legal regulations across the sale or manufacture of products in a specific industry could play a full-size function in a corporation's capability to keep making or promoting its merchandise.
Depending on the employer's beliefs approximately environmental analyzability and the quantity that it intrudes into the environment to understand it, four modes of scanning may be differentiated: undirected viewing conditioned viewing, enacting, and searching.
Environmental scanning is a procedure that systematically surveys and interprets applicable data to pick out external possibilities and threats that would affect future decisions. it's miles closely associated with a S.W.O.T. evaluation and must be used as a part of the strategic making plans procedure.
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The main monitoring and controlling tasks performed as part of project scope management are _____ scope and controlling scope.
The main monitoring and controlling tasks performed as part of project scope management are validating scope and controlling scope.
What is a project scope management?This refers to the exact total amount of work which must be done in order to deliver a product, service or intended result with specified functions and features.
Some process in the Project Scope Management are:
Collect Requirements.Define Scope.Create WBS.Verify Scope.Control Scope.Also, the Project Scope Management includes everything that must go into a project and what defines its success.
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Distinguish among the three methods of allocating the costs of support departments to operating departments.
The three methods of allocating the costs of support departments to operating departments are:-
a. The direct (assignment) method ignores all services provided by one support organization to another support organization. Allocate the cost of each support department directly to the
operations department. The
b. step-down (allocation) method sequentially allocates support department costs to other his
support departments and operations departments in such a way that the
partially approves the mutual service of all support departments.
c. The Mutual (Attribution) process allocates support department costs to operations by fully authorizing the mutual services provided between all support departments.
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Major telecommunications companies such as Telstra gather an amazing amount of information regarding customer mobile phone transactions. Managing this information is an example of a: Select one: a. market surveillance system. b. marketing information system. c. market research tool. d. systematic data collection system.
Major telecommunications companies such as Telstra gather an amazing amount of information regarding customer mobile phone transactions. Managing this information is an example of a marketing information system.
Telecommunications is the transmission of information over various types of techniques, via wired, wireless, optical, or other electromagnetic systems. It stems from the desire of people to communicate longer than the distance achievable by the human voice, but with similar levels of convenience. Therefore, slow systems are excluded from the field.
Telecommunications transmission media have evolved through a variety of technological stages, from beacons and other visual signals to electrical cables and electromagnetic radiation, including light. rice field. Such transmission paths are often split into communication channels. This has the advantage of being able to multiple multiple simultaneous communication sessions. Telecommunications is often used in the plural.
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Jurgen is one of several middle managers sent to a training course on leadership skills. Through this effort, the organization is attempting:
Jurgen is one of several middle managers sent to a training course on leadership skills. Through this effort, the organization is attempting Organization development.
What is organizational development?Organizational development involves conscious effort made towards the development of individual or staff of articular organization.
This could involve training for this group of people to help develop some skills that is Paramount to the growth o the business.
When there is organizational development change and growth can be visible.
Therefore, Jurgen is one of several middle managers sent to a training course on leadership skills. Through this effort, the organization is attempting Organization development.
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true or false? an advertiser who sells products on amazon could access insights that report on total retail activity for all of their products
An advertiser who sells products on amazon could access insights that report on total retail activity for all of their products. True. It is true that an advertiser has such benefit. Hence, the answer is True.
What is advertising?Advertising is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea. Sponsors of advertising are typically businesses wishing to promote their products or services.
Therefore, the correct answer is as given above
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Employer-sponsored retirement plans requiring a minimum length of time of service to participate are.
Employer-sponsored retirement plans that require a minimum length of service to participate are a 401(k) plan whose length of service is 2 years of service for eligibility.
What is the 401(k) plan?Corresponds to an employer-sponsored retirement savings plan after a minimum 2-year service period for the employee to be eligible. Its benefits are the reduction of taxable income, that is, income contributions are made before taxation.
Therefore, the traditional 401(k) plan has the benefits of choosing the investment, reducing negative risks related to financial losses.
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Michael is preparing the company’s cash budget. When preparing the cash disbursements section, he includes inventory, labor, overhead, selling expenses, administrative expenses, depreciation, dividends, and income taxes. What error did michael make? will cash disbursements be too high or too low as a result of this mistake?.
Identify which statement is true of specialty products. Group of answer choices They are made directly available to a consumer through direct mail. They are relatively inexpensive and merit little shopping effort. They are easily substituted with other products. They are distributed to only a few outlets in a geographic area. Flag question: Question 47
The true statement about specialty products is D. They are distributed to only a few outlets in a geographic area.
What is a specialty product?A specialty product is a consumer good available at limited retail locations. It implies that there is a limited supply of specialty products.
Specialty goods are mostly high-end and high-priced goods. They are not frequently purchased by consumers.
Thus, the true statement about specialty products is D. They are distributed to only a few outlets in a geographic area.
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As the director of HR, you are in a meeting with your corporate officers discussing the firm's deliberate use of personnel to gain a competitive edge in the marketplace. You are most likely discussing:
You are most likely discussing the general business environment in which your company must operate.
What is the general environment in business?The diversity of external elements that have an impact on an organization's performance and operation is known as the general environment, or macro-environment. These outside factors can decide whether a company encounters market opportunities or failures.
The overall environment can influence how a firm identifies itself, the products it sells, and how it interacts with other businesses and regulatory bodies. When performing market research and strategic analysis, businesses often consider the overall environment.
What are the six elements of the business environment?Sometimes, economic and legal aspects are combined to form five major components of the business environment. Political, economic, social, technological, legal, and environmental factors are the six components of the business environment.
What is the external business environment?Economic, political and legal, demographic, social, competitive, international, and technological sectors make up the external business environment. Managers need to be aware of how the environment is changing and how those changes are affecting the company.learn more about area(s) of the general external business environment:
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Regulatory policy to affect what is happening in credit markets in the aggregate is referred to as?
Regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.
What is Monetary policyMonetary policy are actions or rules that guides money in a particular country.
The policy affect how money is supplied and the country economic growth. Monetary policy are guides in determining and controlling a nation interest rate that are payable on loans that are collected.
Therefore, regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.
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When you feel cold, you engage in behavior to reduce this unpleasant feeling, for example, by putting on your coat. This desire to reduce internal tension is a crucial aspect of ________ theory.
This desire to reduce internal tension is a crucial aspect of the drive-reduction theory.
What is drive-reduction theory?It corresponds to a psychological theory developed by Clark Hull, who believed that individuals are motivated to meet their basic needs, which are psychological and physiological needs.
Therefore, a behavior to reduce the unpleasant sensation of cold would be a physiological motivation proposed by the drive-reduction theory.
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the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 8.53
The perfectly competitive market profit mathematically given as
P = 131.76
What is the perfectly competitive market profit?Generally, the equation for a perfectly competitive market is mathematically given as
P = MC
Therefore
P= ( P -ATC) * Q
Hence
P= ( 8.53 - 6.70) * 72
P = 131.76
In conclusion, a perfectly competitive market profit
P = 131.76
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Funds that are left over after you have paid for the necessities of food, clothing, and shelter are called ____________________________ Group of answer choices
Funds that are left over after you have paid for the necessities of food, clothing, and shelter are called discretionary funds.
What is discretionary funds?These are funds, often considered not be necessary at the moment but are somewhat useful.
It is to be noted that discretionary funding is not essential for a person to live. A typical example is vacation.
Discretionary funds are often defined as nonessential spending. This means a business or household is still able to maintain itself even if all discretionary consumer spending stops.
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Requesting objects, rejecting interactions, sharing ideas, and seeking social interaction are examples of?
Requesting objects, rejecting interactions, sharing ideas, and seeking social interaction are examples of option B. communicative function. Communicative functions refer to the purpose of gestural, vocal, and verbal acts intended to convey information to others. Some communicative functions include commenting, requesting, protesting, directing attention, showing, and rejecting.
What is communication?Communication is an apparent answer to the painful divisions between self and other, private and public, and inner thought and outer world.
Therefore, the correct answer is as given above
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The complete question goes thus:
Requesting objects, rejecting interactions, sharing ideas, and seeking social interaction are examples of;
A. communication.
B. communicative function.
C. expressive language.
D. language.
Soup Inc. has the following budgeted sales: January $60,000, February $80,000, and March $90,000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 75% are collected in the month of sale, and 25% the next month. The total budgeted cash receipts for March are:
Answer:
lociento esta en ingles
Explanation:
lociento
$561000
Given: $60,000 in January, $80,000 in February, and $90,000 in March. 60 percent of sales are made with credit, while 40 percent are made in cash. For credit sales, 75% of the money is collected in the month of the sale and 25% in the next month.
Cash receipts March:
Sales in cash March= (90,000*0.4)= 36000
Sales on account March= (90,000*0.6)*7.5= 405000
Sales on Account February= (80,000*0.6)*2.5= 120000
Total budgeted cash= $561000
The total budgeted cash receipts for March are $561000
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