Identify some business applications in which judgmental forecasting techniques such as historical analogy and the delphi method would be useful.
Answers
Some business applications in which judgmental forecasting techniques such as historical analogy and the Delphi method would be useful are the options starting with A polling, An investment firm, and the CEO of a self-driving.
The Delphi technique involves a group of experts responding to a series of questionnaires while maintaining their anonymity from one another.
The historical analogy method, which may be accurate and affordable, primarily estimates the demand for a new product.
In order to create the greatest fit forecast, it starts with forecasts and historical data of any comparable or pertinent existing products.
Hence, Options 'B', 'C', and 'E' are the answer to the question of some business applications in which judgmental forecasting techniques such as historical analogy and the Delphi method would be useful.
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Related Questions
Cadillac recognized it needed to revitalize its brand and attract different market segments. these are indications that cadillac's products were primarily in the ____ stage of the product life cycle.
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Cadillac recognized it needed to revitalize its brand and attract different market segments. these are indications that cadillac's products were primarily in the Decline stage of the product life cycle.
A decline is a fall or descent and, in the product life cycle, the decline stage represents similar behavior for products. The decline stage in the product life cycle is when a product dissolves as a result of decreased or negative growth.
The introduction and growth stages provided the strength for the success of the product to this point, and with most products the decline stage is a result of lower demand, which ultimately results from new inventions and technology advancements.
For the company, profitability will decrease to a level at which it is no longer sensible to produce and distribute the product and production activities will cease.
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Effective apologies are timely, ___________, non-defensive, and exercise caution.
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Effective apologies are timely, personal, non-defensive, and exercise caution. Humans often apologize in order to acknowledge and remedy a problem. It's more than just learned habit in company.
Apologies are crucial component of growth plan. This is especially true for SaaS providers and other businesses that prioritize long-term client relationships. Effective company apologies are increasingly important for maintaining client loyalty, satisfaction, and trust.
You'll erroneously do something eventually, but you don't need to lose a client because of it. One reason is that apologies show empathy, which experts say is a powerful force in business. That might facilitate bigger corporate deals and promote company expansion.
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An equal-payment home mortgage loan is an example of an annuity.
a. true
b. false
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An equal-payment home mortgage loan is an example of an annuity. The above mentioned statement is true.
The present value of an annuity is calculated as the total of all the discounted values that have been received or paid at the regular intervals. To indicate the equal monthly instalments, it is typically used in loan agreements. A house mortgage loan with equal payments has an equal payback amount for each of the instalments. It indicates that the bank grants a loan in exchange for an equal instalment, which is also referred to as equated annual or monthly instalments based on time.
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A portfolio of stocks may achieve diversification benefits if the stocks that comprise such portfolio are:____.
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A portfolio of stocks may achieve diversification benefits if the stocks that comprise such portfolio are not perfectly positively correlated.
A stock portfolio is a collection of stocks that are invested in with the hope of making a profit. By putting together a diverse portfolio that spans various sectors individual will be able to become a more resilient investor.
This is because if one sector takes a hit, the investments held by you in other sectors aren’t necessarily affected.
When assembling a stock portfolio, it’s important to have the organizational goals in mind beforehand. That way the decision-making process is guided by reason as opposed to emotion.
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If the price of gasoline increase by 10% and quantity demanded decreases by 5% the the demand for gasoline is:_________
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If the price of gasoline increase by 10% and quantity demanded decreases by 5% the the demand for gasoline is inelastic demand
What is inelastic demand?The cost of a product The elasticity of demand is a measure of how price sensitive the quantity sought is. When prices rise, the amount sought for practically any good reduces, but it falls more for some than for others.
Price inelasticity is extremely advantageous to organizations and is critical in understanding how to design their pricing strategy. Price inelasticity provides enterprises with greater price freedom because the change in demand is virtually the same whether prices grow or decrease.
Demand elasticity is a measure of how demand responds to price changes. It's normalized, which means that the specific prices and amounts are irrelevant, and everything is regarded as a percentage change. The formula for demand elasticity includes a derivative, which is why we're using it.
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An increase in a revenue: ________
a. decreases net income.
b. decreases assets.
c. increases liabilities.
d. increases stockholders’ equity.
Answers
An increase in a revenue increases stockholders’ equity.
Generally, when a corporation earns revenue there is an increase in current assets and an increase in the retained earnings component of stockholders’ equity.
Revenues increase stockholders’ equity through retained earnings. This helps illustrate the direct connection between a company's income statement and balance sheet.
When stockholders’ equity rises, it may also indicate growth in a company's profits. As revenues increases, net income also increases. As net income increases, retained earnings increases which leads to the increase in shareholders equity by the same amount.
Hence, an increase in a revenue leads to the increase in stockholders’ equity.
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The weak form of the emh states that ________ must be reflected in the current stock price.
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The weak form of the EMH states that (A) all past information, including security price and volume data must be reflected in the current stock price.
What is EMH?The efficient market hypothesis (EMH), often known as the efficient market theory, is a hypothesis that claims that share prices represent all information and hence persistent alpha production is impossible.According to the EMH, stocks always trade at their fair value on exchanges, making it impossible for investors to buy undervalued stocks or sell them at inflated prices.The weak form of the EMH asserts that all historical information, including security price and volume data, must be represented in the current stock price.As a result, it should be difficult to outperform the entire market through skilled stock selection or market timing, and the only way for an investor to earn higher returns is to invest in riskier assets.Therefore, the weak form of the EMH states that (A) all past information, including security price and volume data must be reflected in the current stock price.
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The complete question is given below:
The weak form of the EMH states that ________ must be reflected in the current stock price.
A. all past information, including security price and volume data
B. all publicly available information
C. all information, including inside information
D. all costless information
Which of the following is an example of earning interest?
A. None of these
B. Kylie has to pay an additional 10% towards her credit debt each month
C. Bill receives an automatic deposit in his checking account from his employer
D. Jenna puts $100 in a savings account in 2016 and sees a 3% increase to her account without depositing additional money
Answers
Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.
The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.
A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.
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Concurrent supply chains are made possible by which technology? erp systems just-in-time supply-chain technologies supply-chain management systems extranets the internet
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Concurrent supply chains are made possible by the internet technology.
Concurrent supply chain connects a short-term execution plan with a long-term business plan. For instance, when a user makes a new short-term plan, the short-term plan is immediately connected to the long-term plan's goals, potentially increasing an organization's agility.
Concurrent supply chains are made possible by using a combination of internet technologies such as AI, machine learning, and predictive analytics.
Online brands can manage complex supply chains by automating warehouse operations, by managing inventory, improving delivery times, creating new customer experiences, and optimizing third-party communication.
Hence, concurrent supply chains use the internet technology.
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Applying the concept of marginal costs, how would you, as a business owner, decide how much to produce?.
Answers
To compute marginal cost, divide the change in production costs by the change in quantity. The objective of analyzing marginal cost is to specify at what point an organization can gain economies of scale to optimize production and general operations.
What is marginal cost?
The marginal cost exists as the change in the total cost that occurs when the quantity produced stands incremented, the cost of producing an additional quantity. Marginal cost exists as the added cost to produce an additional well. This exists then the marginal cost: how much it costs to produce one additional unit of a good or service. The costs of production define the marginal cost.
To compute marginal cost, divide the change in production costs by the change in quantity. The objective of analyzing marginal cost is to specify at what point an organization can gain economies of scale to optimize production and general operations. Companies utilize marginal analysis as a decision-making instrument to assist them to maximize their potential profits. Marginal guides focus on the cost or use of the next unit or individual, for example, the cost to produce one more additional widget or the profit gained by adding one more worker.
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The food safety modernization act:
i. offers some protections for whistleblowers
ii. covers vegetables, seafood and dairy
iii. covers eggs and poultry iv. gives the fda power to make mandatory recal
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The meals safety modernization act: covers veggies, seafood, and dairy.
Food safety refers to exercises in the practice, handling, and garage of food supposed to prevent foodborne illness and injury. From farm to manufacturing unit to fork, meals merchandise might also stumble upon a wide variety of fitness risks all through their journey through the delivery chain.
The act overhauled regulations concerning meal production and gave the food and Drug management (FDA) extra authority to supervise and enforce supply chains. The FSMA shifts the focus from responding to foodborne illnesses to preventing them and impacts almost every enterprise that should register with the FDA.
Food Safety Modernization Act - the maximum sweeping reform of our food safety legal guidelines in extra than 70 years, become signed into regulation by President Obama on January four, 2011. It is objective is to ensure the U.S. meals supply is safe by using shifting the point of interest from responding to contamination to preventing it.
Meal protection hazards occur whilst food is exposed to unsafe marketers which bring about infection of that food. Meal dangers can be organic, chemical, bodily, allergenic, dietary, and/or biotechnology-associated.
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The total cost (fine plus court costs) for being convicted of not wearing your safety belt is up to ____.
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The total cost (fine plus court costs) for being convicted of not wearing your safety belt is up to $63.
Seatbelts are lifesavers and it will protect you from fatal injuries.
Wearing a seat belt should not cause any discomfort or pressure when it is adjusted properly. Seat belts have come a long way in the comfort department since becoming a mandatory feature in cars in the 1960s.
Technological advancements like polyester webbing and pretensioners, which eliminate slack in the event of a crash which will have made seat belts more comfortable for the wearer.
If you want to customize your fit of the seat belt, you can find clips and extenders at your local dealer or auto parts store.
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What is it called when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price?
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Round-tripping is when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price.
Round tripping occurs when one company sells unused assets to another party in order to generate sales, and later buys the assets back. For instance, a real estate company sells several properties to a related party in exchange of money and then buys them back a year later for the same price.
So doing this generates sales not only for the original seller, but also for the related party when it sells the properties back. The government also uses round-tripping in times of recession to increase money flow in the market.
Hence, round-tripping refers to money that leaves the country and makes its way back into the country though various channels.
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An evaluation tool that collects feedback from manager, peers, direct reports, and customers is called?
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An evaluation tool that collects feedback from managers, peers, direct reports, and customers is called 360 assessment.
Please clarify why you are asking. Putting your direct reports in the awkward position of having to guess why they are asking for feedback only adds to their discomfort. Instead, be proactive and explain why you need their help.
360-degree feedback (also called multi-rater feedback, multi-source feedback, or multi-source evaluation) comes from employees' process of soliciting feedback and self-evaluation by employees themselves.
Evaluation Tool means any written means of assessing teacher performance that is required by law.
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Which type of password attack employs a list of pre-defined passwords that it tries against a login prompt or a local copy of a security accounts database?
Answers
Dictionary attack employs a list of pre-defined passwords that it tries against a login prompt or a local copy of a security accounts database.
A dictionary assault uses a preselected library of phrases and phrases to bet possible passwords. It operates underneath the idea that users have a tendency to drag from a primary listing of passwords, consisting of "password," "123abc" and "123456."
A brute force attack is a hacking method that makes use of trials and blunders to crack passwords, login credentials, and encryption keys. It's miles an easy yet reliable tactic for gaining unauthorized access to personal accounts and agencies' systems and networks.
A Password is a word, phrase, or string of characters supposed to distinguish a licensed consumer or system (for the purpose of allowing get right of entry) from an unauthorized consumer, or put some other manner a password is used to prove one's identity, or authorize access to a useful resource.
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Chester's balance sheet has $85,722,000 in equity. next year they expect assets to increase by $4,000,000 and liabilities to decrease by $2,000,000. if that happens, what will be chester's book value?
Answers
Chester's book value is $83722000
Book Value = Assets - Liabilities
Change in Book Value = Change in Assets - Change in Liabilities
Assets increase by $4,000,000
Change in Assets = $4,000,000
Liabilities decrease by $2,000,000
Change in Liabilities = -$2,000,000
Change in Book Value = $4,000,000 - $2,000,000 = $2,000,000
Book Value = $85,722,000 - $2,000,000 = $83,722000
Book value of equity refers to the difference of total assets and total liabilities of a company. It represents the total value of a company's common stockholders .
It is commonly referred to as the residual claim by stockholders on a company's assets after the disposal of liabilities. This is also apparent to the Accounting Equation whereby total assets equal to liabilities plus shareholder's equity.
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If bonds are issued initially at a premium and the effective-interest method of amortization is used, interest expense in the earlier years will be________.
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If bonds are issued initially at a premium and the effective-interest method of amortization is used, interest expense in the earlier years will be greater than if the straight-line method were used.
Amortization of Bond Premium alludes to the amortization of abundance premium paid well beyond the presumptive worth of the Bond. Security has an expressed coupon pace of revenue and pays revenue to the security financial backers in view of such a coupon pace of interest.
It is esteemed at the current worth of premium installments and assumed worth decided in light of the market financing cost. The financial backers pay more than the presumptive worth of the securities when the expressed loan fee likewise called the coupon rate surpasses the market financing cost.
The backer needs to amortize the Bond premium over the existence of the Bond, which, thus, decreases the sum charged to intrigue cost.
Interest expense in the early years will be higher than it would be if the straight-line method were employed if bonds are first issued at a premium and the effective-interest method of amortization is adopted.
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Donie, ceo of a multinational tourism and leisure company, is researching cross-country differences in demographic, cultural, and market conditions. she would not likely discover that:________
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Donie, CEO of a multinational tourism and leisure company, is researching cross-country differences in demographic, cultural, and market conditions. she would not likely discover that: McDonald's offers 100 percent beef-free products in its outlets in India
This is further explained below.
What is multinational tourism?Generally, Tourism that takes place beyond national lines is known as international tourism. Because of globalization, traveling for pleasure is now one of the most popular pastimes across the world.
In conclusion, Donie, the Chief Executive Officer of an international tourist and leisure organization, is doing a study on the demographic, cultural, and market situation disparities that exist across countries. It is quite unlikely that she would learn that: In all of its restaurants in India, McDonald's provides options that are devoid of beef in every way.
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__________ are associations for professionals of the same or similar industries formed for continuing education and networking.
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Professional organizations are associations for professionals of the same or similar industries formed for continuing education and networking.
A professional organization, also known as a professional association or professional body, exists to improve one or more professions, support the interests of those who work in such professions, and further the common good. It encourages creativity, connection, and communication.
Professional and trade associations help you grow, build relationships with people in your field, and improve your business profile. Being a member of an industry association demonstrates your dedication to and involvement in the progress of your career. Employers, clients, and customers appreciate that.
The biggest technical professional association in the world, IEEE is committed to improving technology for the good of all. Healthcare associations are made up of a group of specialists who collaborate to advance and better the medical field to which they are connected. These groups support their members by giving them access to tools, data, and opportunities they might not otherwise have.
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Janet lives in miami and has low to moderate income. she wants to buy a home in miami priced at $150,000 but doesn’t have enough savings to put up the 20% down payment on a conventional mortgage. since she isn’t part of a military family, which type of loan should janet consider obtaining for her mortgage?
Answers
Janet lives in Miami and has a low to moderate income. she wants to buy a home in Miami priced at $150,000 but doesn’t have enough savings to put up the 20% down payment on a conventional mortgage. since she isn’t part of a military family, which type of loan should Janet consider obtaining for her mortgage is an FHA loan.
What is a loan?
A loan is the lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities. The recipient, or borrower, incurs a debt and is often responsible for both the main amount borrowed as well as interest payments on the debt until it is repaid.The promissory note used to prove the obligation will typically include information like the principal amount borrowed, the interest rate the lender is charging, and the due date for repayment.What is income?Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Conceptually, income is hard to define, and different fields may have distinct definitions. A person's income in an economic sense, for instance, can differ from their income in legal terms. Haig-Simons income, which defines income as Consumption + Change in Net Worth and is commonly applied in economics, is a very significant definition of income.Learn more about loan here:
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A broker-dealer that concentrated its business efforts on proprietary trading would most likely be functioning as:_______
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A broking provider that focused its business efforts on proprietary buying and selling could maximum in all likelihood be functioning as a prime account.
Proprietary trading, which is likewise known as "prop trading," happens while a buying and selling table at an economic group, brokerage firm, funding bank, hedge fund, or different liquidity source makes use of the company's capital and stability sheet to behavior self-promoting financial transactions.
Proprietary buying and selling Definition: In proprietary trading, traders purchase and promote securities using the firm's own cash to make earnings; the buying and selling may be directional (betting that a safety's price will cross up or down) or marketplace-making (appearing as each the customer and dealer of securities
Classic proprietary trading involves taking positions in financial gadgets or commodities. This nearly always includes taking market hazard, which is the chance that adjustments inside the marketplace fees of economic instruments or commodities may additionally create a loss for the firm.
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Empirical research has provided evidence that firms founded by _____ are generally more successful than those founded by _____.
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Empirical research has provided evidence that firms founded by heterogeneous teams are generally more successful than those founded by individuals.
Any study whose findings are solely inferred from verifiable, empirical data is considered empirical research. The definition of the word "empirical" is "based on scientific experimentation and/or evidence." A study is considered empirical when it investigates its claims using data from the real world.
For instance, a research is being done to see if working from home lessens the stress associated with professions that are very demanding. Two groups of employees, one working from home and the other in the office, are used in the experiment. Every group was watched.
The results of this study will show, empirically, if working from home helps people feel less stressed.
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The _____ compares the total investment in the property with the net operating income (noi).
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The Profitability compares the total investment in the property with the net operating income (noi).
A formula known as net operating income (NOI) is used to assess the profitability of real estate assets that produce income. NOI is the sum of all property revenues less all running costs that are deemed to be reasonably reasonable.
On a property's income and cash flow statement, NOI is a before-tax statistic that does not include loan principal and interest payments, capital expenses, depreciation, or amortization. Earnings before interest and taxes, or "EBIT," is the name given to this measure when it is applied to other industries.
Real estate experts utilize net operating income as a method of valuation to establish the exact value of their properties that generate money. The operational costs of a property must be deducted from the income it generates in order to determine NOI.
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A city government is considering raising the local income tax to pay for improvements to government facilities. a private citizen opposes the plan and stands on a busy street to survey residents with the question, "do you agree that wasteful spending is a serious problem in our local government?" the results of the survey will most likely suffer from which type of bias?
Answers
The results of the survey will most likely suffer from wording bias.
Wording bias:
Wording bias, also called question-wording bias or “leading on the reader” (Gerver & Sgroi, 2017) happens in a survey when the wording of a question systematically influences the responses (Hinders, 2019).
Is wording bias a type of response bias?
Wording bias can come into effect here as well
This type of bias influences the entire gamut of responses from individual or multiple participants.
For instance, if the researcher knows the participant personally, even greeting them in a friendly manner can have a subconscious effect on the responses.
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Answer: B
Explanation: The question wording is bias...
Explain the importance of the primary sector and provide an example
Answers
Hey there, your answer is below:
The input for the secondary sector comes from the primary sector. It comprises of all the raw materials that the secondary sector needs to process and produce goods. It generates money for some nations and can be considered "cash crops" because to its importance and worldwide commerce in sustaining the secondary sector, which is growing. This covers forestry, fishing, mining, and agriculture. In contrast, the tertiary sector creates services, while the secondary sector creates manufactured items. In less developed nations, the primary sector is frequently more significant than in industrialized nations.
Thank you,
Eddie
When assets are acquired in a noncash transaction, if the fair value of the noncash items given is not clearly evident, then the ______ value of the assets received is used to record the assets.
Answers
When assets are acquired in a noncash transaction, if the fair value of the noncash items given is not clearly evident, then the fair value of the assets received is used to record the assets.
Fair value is a market-based measurement. It is not considered an entity-specific measurement.
For some given assets and liabilities, observable market transactions or market information can be available. For some other assets and liabilities, observable market transactions and market information may not be available.
However, the objective of the measurement of fair value in both cases is the same.
In order to estimate the price at which an orderly transaction needed to sell the asset or in order to transfer the liability would take place between market participants at the measurement date under current market conditions.
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Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
Answers
The Right response is Option D i.e Entry Modes.
The local business climate and a company's core competencies are only two of the numerous considerations when deciding how to enter a new market abroad. The institutional setup via which a business introduces its goods, technology, workforce, or other resources into a market is known as an entry method.
What is the meaning of entry mode?Entry mode is: “a structural agreement that allows a firm its product market strategy in a host country either by carrying out only the marketing operations, or both production and marketing operations there by itself or in partnership with others”To learn more about entry mode, click the links.
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Correct Question - Companies like My Gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
A. buybacks
B. bills of exchange
C. offsets
D. entry modes
E. management contracts
A(n) ________ strategy is the approach a functional area takes to achieve corporate and business unit objectives and strategies by maximizing resource productivity
Answers
A Functional strategy is an approach a functional area takes to achieve corporate and business unit objectives and strategies by maximizing resource productivity.
A functional strategy is a method an enterprise useful takes to obtain company and business unit objectives and techniques with the aid of maximizing resource productiveness. It deals with a highly limited plan that provides the goals for a selected enterprise feature.
The functional strategy for studies & improvement is set innovation and the development of recent merchandise as well as the improvement of existing merchandise. Examples of purposeful strategies in this area: are product development, diversification, and marketplace penetration.
The role of the purposeful degree method is very important for the life of an organization. The useful method presents aid to basic commercial enterprise strategy and secondly, it spells out how useful managers will continue to acquire the set dreams and goals.
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A Functional strategy is an approach a functional area takes to achieve corporate and business unit objectives and strategies by maximizing resource productivity.
A functional strategy is a method an enterprise useful takes to obtain company and business unit objectives and techniques with the aid of maximizing resource productiveness. It deals with a highly limited plan that provides the goals for a selected enterprise feature.
The functional strategy for studies & improvement is set innovation and the development of recent merchandise as well as the improvement of existing merchandise. Examples of purposeful strategies in this area: are product development, diversification, and marketplace penetration.
The role of the purposeful degree method is very important for the life of an organization. The useful method presents aid to basic commercial enterprise strategy and secondly, it spells out how useful managers will continue to acquire the set dreams and goals.
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Damian invests $5,000 today in an account earning 6% per year. How much is the investment worth in 4 years?
a. $5,000.00
b. $6,312.38.
c. $6,326.60.
d. $6,200.00
Answers
Based on the fact that Damien invested $5,000 and left it in an account that earns 6% for 4 years, the investment worth would be b. $6,312.38.
What would be the value of the investment?The value of the investment in 4 years is considered to be its future value when looking at it from the present.
Using the rate being earned, the investment amount, and the number of years the investment will be invested, the future value formula is:
Future value = Investment x ( 1 + rate)^ number of years
Solving gives:
= 5,000 x ( 1 + 0.06) ⁴
= 5,000 x 1.06⁴
= 5,000 x 1.26247696
= $6,312.3848
= $6,312.38
In conclusion, the value of Damien's investment after a period of four years at 6% per year comes to $6,312.38.
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If we were told that a firm earns positive accounting profit and nothing else, what would we know is true about its economic profit?
Answers
It's positive because whenever accounting profit is fine so is economic profit.
Advantageous economic earnings, therefore, indicate that a company's is income greater than the aggressive norm. Context: economic profits aren't similar to accounting profits. In accounting, earnings are really extra of sales over the express prices of obtaining the sales.
If a company's accounting profit is fine, then its monetary earnings must additionally be wonderful. fake, accounting earnings simplest accounts for an express fee, even as economic profit deals with specific and implicit costs. a superbly competitive market that is in long-run equilibrium reports a lower in demand.
A firm can earn a tremendous accounting profit but terrible monetary income if it is able to have earned a greater go back in some different line of commercial enterprise. that is known as negative economic profits.
Aggressive agencies whose overall costs are included through their overall revenue growth to be incomes zero monetary profit. zero accounting income, although, a way that a corporation is going for walks at a loss. because of this, its expenses are higher than its sales.
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