When conducting purchase intent research, marketers generally focus on the measure of purchase intent to assess if the product will be well-received by the target audience.
Purchase intent is a key metric that indicates the likelihood of consumers to purchase a product or service. It measures the level of interest and willingness to buy among the target audience. Marketers use various techniques such as surveys, interviews, and behavioral analysis to gauge purchase intent.
By assessing purchase intent, marketers can gather insights into consumers' preferences, motivations, and expectations regarding a product. This information helps them evaluate the potential success of the product in the market and make informed decisions about marketing strategies, product positioning, pricing, and promotions. Hence, purchase intent serves as a crucial measure for marketers to determine the market acceptance and potential success of a product among the target audience. It allows them to align their marketing efforts and strategies to effectively meet consumer needs and drive sales.
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A government can correct a negative externality of consumption by...
A)A tax
B)A price ceiling
C)A subsidy
D)None of these
Answer: A tax
Explanation: Negative externalities may be explained as the adverse effect or burden placed on those outside the the production or market of a particular product or those who aren't involved in its production by the manufactures or producers. The burden or inconveniences caused isn't compensated or rewarded. Such action is referred to as negative externalities. Negative externalities could include ; Noise and air pollution, physical damage to infrastructure such as roads or buildings, traffic and so on. Therefore introducing taxes means producers of negative externalities pay for the cost of repair of the social damage systematically perpetrated.
You are working for a transport company and recently extracted the following data from your Transport Management System for the purpose of making forecasts for year 6. Period Actual Demand 1 200 2 212 3 214 4 222 5 236 6 ?
a) Use exponential smoothing with trend adjustment (FIT) to forecast deliveries for period 6. Let alpha () =0.4, beta ()= 0.2, and let the initial trend value be 4 and the initial forecast be 200.
b) Use the two period moving average to calculate the forecast for periods 3 though to 6
c) Compute MAPE for the periods 3 through to 6 and comment on which method is preferred
Using exponential smoothing with trend adjustment (FIT), the forecasted demand for period 6 is 244.31. The two-period moving average method gives a slightly more accurate forecast with a MAPE of 229 compared to 1.75% for FIT.
Exponential smoothing with trend adjustment (FIT) uses both level and trend components to make forecasts. The formula for FIT is:
Forecast for period t+1 = Level_t + Trend_t
Level_t = α * Demand_t + (1 - α) * (Level_t-1 + Trend_t-1)
Trend_t = β * (Level_t - Level_t-1) + (1 - β) * Trend_t-1
Where,
α = smoothing parameter for level
β = smoothing parameter for trend
Using the given values α = 0.4, β = 0.2, initial trend value = 4, and initial forecast = 200, we can calculate the forecasts for period 6 as follows:
Period Actual Demand Level Trend Forecast
1 200 200.00 4.00 204.00
2 212 204.00 5.20 209.20
3 214 209.20 4.32 213.52
4 222 213.52 6.91 220.43
5 236 220.43 11.17 231.60
6 unknown (?) 231.60 12.71 244.31
Therefore, the forecasted demand for period 6 using exponential smoothing with trend adjustment is 244.31.
The two-period moving average method uses the average of the most recent two periods of data to make forecasts. For example, to calculate the forecast for period 3, we take the average of periods 1 and 2. To calculate the forecast for period 4, we take the average of periods 2 and 3, and so on.
To calculate the forecast for periods 3 through 6 using the two-period moving average method:
Period 3:
Forecast = (Demand in period 2 + Demand in period 1) / 2 = (212 + 200) / 2 = 206
Period 4:
Forecast = (Demand in period 3 + Demand in period 2) / 2 = (214 + 212) / 2 = 213
Period 5:
Forecast = (Demand in period 4 + Demand in period 3) / 2 = (222 + 214) / 2 = 218
Period 6:
Forecast = (Demand in period 5 + Demand in period 4) / 2 = (236 + 222) / 2 = 229
Therefore, the forecasted demand for period 6 using the two-period moving average method is 229.
For the FIT method
Period 3:
Actual demand = 214
Forecast = 213.52
Absolute error = |214 - 213.52| = 0.48
Percentage error = (0.48/214) * 100% = 0.22%
Period 4:
Actual demand = 222
Forecast = 220.43
Absolute error = |222 - 220.43| = 1.57
Percentage error = (1.57/222) * 100% = 0.71%
Period 5:
Actual demand = 236
Forecast = 231.60
Absolute error = |236 - 231.60| = 4.40
Percentage error = (4.40/236) * 100% = 1.86%
Period 6:
Actual demand = Unknown (?)
Forecast = 244.31
Absolute error = Unknown (?)
Percentage error = Unknown (?)
Sum of percentage errors = 0.22% + 0.71% + 1.86% = 2.79%
MAPE = (1/3) * 2.79% = 0.93%
Therefore, the MAPE for the FIT method is 0.93%.
For the two-period moving average method
Period 3:
Actual demand = 214
Forecast = 213
Absolute error = |214 - 213| = 1
Percentage error = (1/214) * 100% = 0.47%
Period 4:
Actual demand = 222
Forecast = 218
Absolute error = |222 - 218| = 4
Percentage error = (4/222) * 100% = 1.80%
Period 5:
Actual demand = 236
Forecast = 229
Absolute error = |236 - 229| = 7
Percentage error = (7/236) * 100% = 2.97%
Period 6
Actual demand = Unknown (?)
Forecast = Unknown (?)
Absolute error = Unknown (?)
Percentage error = Unknown (?)
Sum of percentage errors = 0.47% + 1.80% + 2.97% = 5.24%
MAPE = (1/3) * 5.24% = 1.75%
Therefore, the MAPE for the two-period moving average method is 1.75%.
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A firm has total debt of $1,380 and a debt-equity ratio of .23. what is the value of the total assets?
A company has a debt-to-equity ratio of.23 and total debt of $1,380. The overall assets have a value of $7,380.00.
What Is a Debt?
When one party borrows something—usually money—from another, it is said to be in debt. Many companies and people borrow money to pay for significant expenses that they otherwise wouldn't be able to cover. A debt agreement allows the borrower to take out a loan with the condition that it will be paid back later, usually with interest.
Loans, including credit card debt, auto loans, personal loans, and mortgages, are the most prevalent kind of debt. A loan's terms stipulate that the borrower must pay back the loan's remaining balance by a particular deadline, usually several years down the road.
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If a company has an unappealingly low branded market share in North America because it is being outcompeted by various rival companies, then company managers should
The managers of a company should immediately review its competitive weaknesses in North America, which are listed at the bottom of the Competitive intelligence report, and weigh the pros and cons of taking steps to address them.
The company managers should take steps that they believe will result in the company having at least a 50% market share of entry-level camera sales in North America.
The management must do a SWOT analysis of the business to identify the key areas of vulnerability and choose the best course of action to address them in order to ascertain the reason for the lower level of market share. The management should also note the company's strengths that might be employed as a weapon in the competitive market after identifying the company's strengths. After carefully considering each aspect of the business and its position within the industry, all decisions should be made.To learn more about brand market share
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Case Study: Petro-Oil Imagine that you are an engineer at Petro-Oil, a mid- sized oil and gas exploration and production company with major areas of exploration located in Saudi Arabia, United Arab Emirates, Qatar and several other countries. The Board of Petro-Oil has just set an ambitious goal to be completed in the next five years: To be the largest oil and gas producer in the Middle East by the end of 2027. A quick market research inquiry shows three major competitor companies that are larger than the company you are working for. To support their new aspirations, Petro-Oil just purchased Ceylon-II, a large deep water oilfield offshore in the South China Sea. Petro-Oil's management team has hired you to do a diagnostic of the company's current portfolio, operations, and organization to help them understand what they need to do to achieve this goal. Key points and assumptions 1. Production is generally correlated with reserves 2. Assume the reserves of each of the assets are exactly at the same rate of depletion 3. Assume that all competitors continue to seek additional reserves in the Pacific region 4. The current existing production rates in the area are significantly higher than the client's production rate Analysis The current extraction rate of Competitors A, B, and C are much higher than the company you work for and hold, at a minimum, 10% extraction rate. The company's current production rate needs to increase and the new asset has to meet the current standard of 10% extraction rate. Further exploration in the area to gain new assets for additional production is key for growth and to increase the extraction rate. Even with these two current assets, the company's current reserves are still less than the region is the largest producer. Q Define the problem through a technique that you have learned in the workshop. Q What are the causes of this problem and which technique can help you define these causes? Q How can you solve this problem and what recommendations can you give your company? Details your thought process that has helped you reach this conclusion.
Petro-Oil should focus on increasing production rates by exploring and acquiring new assets in the Pacific region while optimizing their existing operations and portfolio.
One technique that can be used to define the problem and its causes is a root cause analysis. By applying this technique, it becomes clear that Petro-Oil's lower production rate and limited reserves are the key issues preventing the company from becoming the largest oil and gas producer in the Middle East. The analysis reveals that the competitors have higher production rates and larger reserves, indicating the need for Petro-Oil to address these areas to achieve its goal.
The causes of the problem can be defined through techniques such as the "5 Whys" or Fishbone Diagram. The "5 Whys" involves repeatedly asking "why" to delve deeper into the root causes of the problem. This may uncover issues such as insufficient exploration efforts, inadequate investment in production infrastructure, or operational inefficiencies. A Fishbone Diagram can help categorize and analyze potential causes by considering factors like people, process, equipment, and environment.
To solve the problem and achieve the goal of becoming the largest oil and gas producer in the Middle East, Petro-Oil should take the following recommendations:
1. Increase Exploration Efforts: Petro-Oil should intensify exploration activities in the Pacific region to identify and acquire new assets with significant reserves, thereby increasing their production potential.
2. Optimize Operations: The company should focus on improving operational efficiency, including refining extraction techniques, implementing advanced technologies, and streamlining processes to maximize production rates from existing assets.
3. Strategic Partnerships: Consider forming strategic partnerships or joint ventures with other oil and gas companies in the region to leverage their expertise, resources, and access to new reserves.
4. Invest in Infrastructure: Petro-Oil should allocate sufficient investments to develop infrastructure, including pipelines, storage facilities, and transportation networks, to support increased production and ensure smooth operations.
5. Talent Development: Attract and retain top talent in the industry to enhance technical expertise, innovation, and overall organizational capabilities.
By implementing these recommendations, Petro-Oil can improve its production rates, expand its reserves, and work towards achieving its goal of becoming the largest oil and gas producer in the Middle East.
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commercial banks hold deposits and
Aqueous sulfuric acid H 2 SO 4 reacts with solid sodium hydroxide NaOH to produce aqueous sodium sulfate Na 2 SO 4 and liquid water H 2 O . What is the theoretical yield of water formed from the reaction of 6.9 g of sulfuric acid and 4.3 g of sodium hydroxide
The theoretical yield of water formed in the reaction is 2.53 grams when 6.9 grams of sulfuric acid and 4.3 grams of sodium hydroxide react.
How much water is produced?
To find the theoretical yield of water formed in the reaction between sulfuric acid (H₂SO₄) and sodium hydroxide (NaOH), we need to determine the limiting reactant first. The limiting reactant is the reactant that is completely consumed in the reaction and determines the maximum amount of product that can be formed.
Let's calculate the moles of sulfuric acid and sodium hydroxide:
Molar mass of H₂SO₄:
2(1.01 g/mol H) + 32.07 g/mol S + 4(16.00 g/mol O) = 98.09 g/mol
Moles of sulfuric acid:
6.9 g H₂SO₄ × (1 mol H₂SO₄ / 98.09 g H₂SO₄) = 0.0704 mol H₂SO₄
Molar mass of NaOH:
22.99 g/mol Na + 16.00 g/mol O + 1.01 g/mol H = 39.99 g/mol
Moles of sodium hydroxide:
4.3 g NaOH × (1 mol NaOH / 39.99 g NaOH) = 0.1075 mol NaOH
Now, we need to determine the stoichiometric ratio between H₂SO₄ and H₂O. From the balanced equation, we can see that the ratio is 1:2, meaning that one mole of H₂SO₄ produces two moles of H₂O.
Since the molar ratio is 1:2, the number of moles of water formed will be twice the number of moles of sulfuric acid used.
Moles of water:
0.0704 mol H₂SO₄ × 2 mol H₂O / 1 mol H₂SO₄ = 0.1408 mol H₂O
Finally, we can calculate the mass of water formed using the molar mass of water:
Molar mass of H₂O:
2(1.01 g/mol H) + 16.00 g/mol O = 18.02 g/mol
Mass of water:
0.1408 mol H₂O × 18.02 g/mol H₂O = 2.53 g H₂O
Therefore, the theoretical yield of water formed in the reaction is 2.53 grams when 6.9 grams of sulfuric acid and 4.3 grams of sodium hydroxide react.
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review of the nigerian economy
Answer:
amazing
Explanation:
The 2014 balance sheet of Sugarpova's Tennis Shop, Inc., showed long-term debt of $6.3 million, and the 2015 balance sheet showed long-term debt of $6.5 million. The 2015 income statement showed an interest expense of $220,000. During 2015, the company had a cash flow to creditors of $20,000 and the cash flow to stockholders for the year was $75,000. Suppose you also know that the firm's net capital spending for 2015 was $1,480,000, and that the firm reduced its net working capital investment by $91,000
Answer:
$1,484,000
Explanation:
For calculation of operating cash flow first we need to compute the cash flow from assets which is shown below:-
Cash flow from assets = Cash flow to creditors + Cash flow to stockholders
= $20,000 + $75,000
= $95,000
Cash flow assets = OCF - Net capital spending - Change in net working capital
= $95,000 = OCF - $1,480,000 - (-$91,000)
= $95,000 = OCF - $1,480,000 + $91,000
= $95,000 = OCF - $1,389,000
OCF = $1,484,000
PLEASE HELP Question 21(Multiple Choice Worth 5 points) (04.09 LC) A paid position with specific duties, tasks, and responsibilities in a particular place of work. O Career Interests O Job O Values Question 22 Multiple Choice Worth 5 points) con. PLEASE HELP
Answer:
Job
Explanation:
A job is any regular and legal activity that one does to earn money. A job is a responsibility, position, or role assigned to a worker/ employee. Each job has a job description which details what duties the employer expects the employees to perform.
A job refers to employment, either full-time or part-time. It is also a piece of work to be performed.
In December 2021, you accounting firm accepted an audit engagement at Jenson Jewellers
Ltd, a company that deals largely in diamonds. The company has retail jewellery stores in
several Australian states and a diamond wholesale store in Sydney. The wholesale store
also sets the diamonds in rings and other jewellery.
The retail stores place orders for diamond jewellery with the wholesale store in Sydney. A
buyer employed by the wholesale store purchases diamonds in the local and overseas
diamond market, and the wholesale store then fills the orders from the retail stores and
from independent customers. They maintain a substantial inventory of diamonds. The
company values its inventory by the specific identification cost method.
Required:
Assume that at the inventory date, you are satisfied that Jenson Jewellers Ltd has no items
left by customers for repair or sale on consignment and that no inventory owned by the
company is in the possession of external parties.
a. Discuss the problems the auditor should anticipate in planning for the observation of
the physical inventory on this engagement because of:-
a. Different locations of inventories
b. Nature of the inventory
b. an audit program is required for the verification of the company's diamond and diamond
jewellery inventories, identifying any steps that you would apply only to the retail
stores or to the wholesale store.
c. Assume that a shipment of diamond rings was in transit from the wholesale store to a retail store on the inventory date. What additional audit steps would you include in
the plan to satisfy yourself as to the gems that were in transit from the wholesale store
on the inventory date?
The auditor should anticipate problems in planning for the observation of the physical inventory at Jenson Jewellers Ltd due to different inventory locations and the nature of the inventory.
What challenges may arise during the physical inventory observation at Jenson Jewellers Ltd?In planning for the observation of the physical inventory at Jenson Jewellers Ltd, the auditor needs to consider the challenges posed by the different locations of inventories. With retail stores in multiple Australian states and a wholesale store in Sydney, it becomes crucial to determine the appropriate timing and logistics for visiting each location to conduct the physical count.
Coordinating with the management of each store and establishing clear communication channels will be necessary to ensure the smooth execution of the inventory observation process.
Furthermore, the nature of the inventory, which consists of diamonds and diamond jewelry, adds complexity to the audit engagement. Diamonds are high-value items, susceptible to theft or misplacement. Therefore, the auditor needs to devise appropriate safeguards and control measures to minimize the risk of loss or mishandling during the physical count. This may involve implementing security protocols, such as the presence of security personnel or surveillance systems, to protect the inventory during the observation.
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which of the following operations is responsible for the largest volume of transactions in the foreign exchange market?
The commercial transactions function is responsible for the largest number of transactions in the foreign exchange market. Here option C is the correct answer.
The largest volume of transactions in the foreign exchange market is generated by commercial operations, such as international trade, investment, and cross-border transactions. These transactions involve the exchange of one currency for another, and their volumes are driven by the magnitude of global commerce and the increasing globalization of markets.
The other options, such as speculation, central bank intervention, and arbitrage, also contribute to the volume of transactions in the foreign exchange market, but their volumes are relatively smaller than those generated by commercial transactions. For example, speculation involves buying and selling currencies to take advantage of price fluctuations, while central bank intervention refers to the actions taken by central banks to influence the value of their currencies.
Arbitrage involves taking advantage of price differences across different markets. However, the volume of these transactions is relatively smaller than that generated by commercial operations.
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Complete question:
Which of the following operations is responsible for the largest volume of transactions in the foreign exchange market?
A) Speculation
B) Central bank intervention
C) Commercial transactions
D) Arbitrage
HELPPP
As technology continues to become a bigger part of our lives, it is also becoming a big part of the restaurant world with some fast food restaurants even using large touch screens where customers can place their orders, pay at the machine, and then wait for their order number to be called. What are these high-tech machines called?
A. technological food service
B. self-serve food ordering
C. non-restrictive food ordering
D. automated food ordering system
Answer: self-serve food ordering
Explanation:
Self-service kiosks or self-ordering kiosks are customer-facing devices that allow customers to place orders and make payments without the assistance of a cashier.
quantitative assessments of sales performance may be based on output-related measures, such as
Quantitative assessments of sales performance may be based on output-related measures, such as new lead generation, sales quotas, and sales increases over the previous evaluation period. The correct answer is option A.
Statistical evaluations of sales performance may be based on indicators of output, such as fresh lead generation, new sales, and customer billing, the creation of fresh leads, sales targets, and sales growth from the preceding evaluation period, the selection, training, and hiring of fresh salespeople.
Input measurements that are typically employed include the quantity of sales calls made, selling expenses associated with those sales, and the quantity of reports given to superiors. The dollar or unit sales volume, the last year/current sales ratio, the creation of new accounts, and the profit realised are frequently used as output measurements.
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The question is incomplete, complete question is mentioned below.
Quantitative assessments of sales performance may be based on output-related measures, such as
A. new lead generation, sales quotas, and sales increases over the previous evaluation period
B. dollar or unit sales volume, last year/current year sales ratio, and new accounts generated
C. selling expenses, profits generated, and emotional intelligence quotient
D. recruitment, selection, and training of new sales representatives
You are employed as an industrial engineer at a company that manufactures computer chips. The smallest defect in a computer chip will render the entire chip worthless. Therefore, tight quality control measures must be established to monitor the quality of the chips. In the past, the defective percentage for these chips has been 1,10%. The sample size is 10000. Management has expressed doubts regarding the accuracy of the data being used and the results obtained. You were entreated with the responsibility of investigating the matter and report your findings to management. You are required to compute the upper and lower control limits for these computer chips using z = 3 (6 Marks). Show all formulas and calculations for full marks
The lowest control limit (LCL) and upper control limit (UCL) of the computer chips, respectively, are around 0.001109 and 2.089%, respectively.
The calculation is as follows:
The following equation may be used to determine the control limits for a sample's defect percentage:
Mean + (z * Standard Deviation) is the Upper Control Limit (UCL).
Mean - (z * Standard Deviation) is the Lower Control Limit (LCL).
Given: The defect rate (Mean) is 1.10 percent.
The sample size is 10,000.
Sqrt(p * (1 - p) / n), where p is the defect percentage, gives the standard deviation ().
Calculate the control limits as follows:
Decimalize the faulty percentage as follows:
Mean = 1.10% = 0.011
Do the standard deviation calculation:
Standard Deviation () is calculated as follows: sqrt(0.011 * (1 - 0.011) / 10,000), sqrt(0.010989 * 0.989011 / 10,000), sqrt(0.0000108789), and the result is around 0.003297.
As stated in the issue, change the z value to 3.
Do the upper control limit calculation:
UCL is calculated as Mean + (z * Standard Deviation), which is 0.011 + (3 * 0.003297) = 0.011 + 0.009891 = 0.020891 (approximately).
Create a computer lower control limit calculation:
LCL is equal to Mean - (z*Std Dev) = 0.011 - (3*0.003297) = 0.011 - 0.009891.
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maria works for sigma inc., a firm that helps companies target and promote their products to the right markets. sigma is most likely a . group of answer choices
Maria works for Sigma Inc., a company that assists businesses in targeting and marketing their products to the appropriate audiences. Sigma is almost certainly a marketing services agency. Hence, the correct answer is a marketing services agency.
What exactly is a marketing services agency?Marketing Services Agencies are independent enterprises that help businesses get their products to their target customers; they include marketing research firms, advertising agencies, sales promotions experts, marketing consultants, and so on. A full-service marketing firm is one that can handle all of your digital marketing, advertising, and promotional needs. A complete service marketing agency, with a group of professionals in several disciplines, can provide you with comprehensive plans and effective solutions as an integrated member of your team.
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Explain the levels of shariah rulings by giving examples of each relevant to the financial transaction.
Answer:
The levels of shariah rulings by giving examples of each relevant to the financial transaction is explained below in complete details.
Explanation:
Rules of Islamic Finance
The laws of Islamic finance adhere to the general sources of withdrawing Qimar and Maysir which are betting and gambling along with Gharar which is risk linked with exploitation and unfairness. This shuts access to the theory of interest and prevents the use of conventional debt-based devices. The Islamic financial system promotes risk-sharing, encourages entrepreneurship, discourages dangerous behavior, and emphasizes the sacredness of contracts.
What are the subsidiaries of ViacomCBS?
Answer:
These are the subsidiaries of ViacomCBS :
Paramount Pictures InternationalParamount Licensing, IncShowtime NetworksNickelodeonMTVComedy CentralBETCBS All AccessPluto TV Simon & Schusterand more......
Hope it helps
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What is everyone planning to do this summer?
Answer:
read, relax, try to sleep in as long as I want, work out, and eat lol
have a good day :)
Explanation:
Gwen purchased a stock one year ago for $25, and it is now worth $31. The stock paid a dividend of $1.50 during the year. What was the stock's rate of return from dividend income during the year
the stock's rate of return from dividend income during the year was 6%. To calculate the rate of return from dividend income, we need to divide the dividend amount by the initial cost of the stock. In this case, the stock paid a dividend of $1.50 and the initial cost of the stock was $25.
Dividend rate of return = (Dividend amount / Initial cost of stock) x 100%
Dividend rate of return = ($1.50 / $25) x 100%
Dividend rate of return = 0.06 x 100%
Dividend rate of return = 6%
Therefore, the stock's rate of return from dividend income during the year was 6%.
To find the stock's rate of return from dividend income during the year, follow these steps:
1. Calculate the dividend income: In this case, the dividend paid during the year is $1.50.
2. Determine the initial investment: Gwen purchased the stock for $25.
3. Calculate the rate of return from dividend income: Divide the dividend income by the initial investment and multiply by 100 to get the percentage.
The main answer is: The stock's rate of return from dividend income during the year = (Dividend income / Initial investment) * 100.
Using the provided values:
Rate of return from dividend income = ($1.50 / $25) * 100 = 0.06 * 100 = 6%.
Gwen's stock had a rate of return from dividend income of 6% during the year.
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higher level profession requires in the knowledge good skills and a special training explain this statement with example
PLZZ make uhr on answer
Answer:
true
Explanation
Higher level professions are professions occupied by professionals who think strategically and carry out their duties by adhering to the ethical standards that governs their profession. Examples are medical practitioners, engineering, accountant and pilot. All these requires in-depth knowledge , good skill and special training because of the technical nature of the profession.
Having a degree is not enough to deliver on these professions because of their complexities. These professionals must adhere to the ethical standard that governs their profession and also hold themselves out of having the required training, knowledge and experience .
Take for instance a pilot who controls a plane. Asides having the required education, he would undergo special trainings on how to fly planes. He must also have the skills and experience of flying before being certified to fly people because of the risky nature of the profession.
The above example also applies to a doctor. He would undergo trainings depending on his area of specialization and must have knowledge before being certified to work as a doctor. The reason is that he is dealing with lives hence must possess the the required skills and experience
What does the law of diminishing marginal utility explain?
The law of declining marginal utility asserts that if a person consumes increasingly more units of a certain product, the additional satisfaction they receive from each new unit will eventually decline, maybe even to the point where their marginal utility is negative.
What is marginal utility?A person's change in pleasure (or utility) when they consume one more unit of an item or service is known as marginal utility, according to the economics discipline. It is the actual advantage or satisfaction a person receives from consuming one more unit of an item or service, and it aids in determining the demand for that good or service. The marginal utility of a good is greatest at the point of consumption of the initial unit. The marginal utility falls down as individuals consume more units, finally reaching a point of declining marginal utility where each extra unit provides them with progressively less satisfaction. Understanding consumer behavior and the need for products and services depends on having a solid grasp of marginal utility.
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Bill wants to prepare his own taxes but wants a bit more guidance. He wants to file taxes without having to spend much money. What is his BEST option for filing taxes?
A. Prepare his taxes on her own.
B. Prepare his taxes with using an electronic tax program.
C. Hire someone to prepare his taxes.
Answer: B. Prepare his taxes with using an electronic tax program.
Explanation: had this question and got it correct!
if a firm can generate nearly equal financial improvement through internal efforts as would be realized with outsourcing, then the business case may need to be called into question. according to a deloitte study, many organizations could realize incremental savings on the order of percent of direct labor from implementing innovative programs such as lean production.
If a firm can generate nearly equal financial improvement through internal efforts as would be realized with outsourcing, then the business case may need to be called into question. according to a Deloitte study, many organizations could realize incremental savings on the order of 20 to 30 percent of direct labor from implementing innovative programs such as lean production.
An organization is an authentic organization of people, for instance a political birthday party, a commercial enterprise, a charity, or a club. most of those specialized faculties are provided by voluntary agencies. ... a file with the aid of the global Labour organization. Synonyms: organization, company, birthday party, frame more Synonyms of business enterprise.
An enterprise is a group of folks that work collectively, like a neighborhood association, a charity, a union, or an employer.
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Weekly demand for dry pasta at a supermarket chain is as follows
Estimate demand for Week 11 using a simple exponential smoothing with α = 0.2. Evaluate the MAD, MAPE, and MSE. Find the best smoothing constant (alpha) that minimizes MSE.
Please use excel solver !
You'll find the best smoothing constant (alpha) that minimizes MSE, and you can use it to estimate the Week 11 demand more accurately.
To estimate Week 11 demand using simple exponential smoothing and evaluate MAD, MAPE, and MSE in Excel, follow these steps:
1. Input weekly demand data in column A (A1-A10).
2. Set α value (0.2) in a cell, e.g., B1.
3. Calculate smoothed values in column B. For B2, use "=A1". For B3 to B11, use the formula "=B1 * (1-$B$1) + $B$1 * A2".
4. Calculate errors (actual - forecast) in column C. For C3 to C11, use "=A2 - B2".
5. Calculate absolute errors, squared errors, and absolute percentage errors in columns D, E, and F. Use "=ABS(C3)", "=C3^2", and "=ABS(C3/A2)*100" respectively.
6. Find the average of absolute errors (MAD), squared errors (MSE), and absolute percentage errors (MAPE) in row 12 using "=AVERAGE(D3:D11)", "=AVERAGE(E3:E11)", and "=AVERAGE(F3:F11)".
7. Use Excel Solver to minimize MSE (E12) by changing the α value (B1). Set Solver's objective as E12 and change the variable cell as B1, with a constraint of 0 <= B1 <= 1.
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influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. The balance in Accounts Receivable was $800,000 at 1/1 and $960,000 at 12/31. At 12/31/17, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/17
Answer:
$48,000
Explanation:
The computation of the amount that should be reported as its allowance for doubtful accounts is shown below
= Ending balance of account receivable × uncollectible percentage
= $960,000 × 0.05
= $48,000
hence, the amount that should be reported as its allowance for doubtful accounts is $48,000
The above formula should be applied
Which of the following is one of the primary responsibilities of the federal judicial branch?
Answer:
to judge if laws made by the legislative branch are constitutional
Explanation:
Answer:
to judge the constitutionality of laws
Explanation:
According to the U.S. Department of Labor, the average American has had how many jobs before the age of 32? a. four b. at least eight c. three or fewer d. one or two
Answer:
b. at least eight
Explanation:
According to data from the US Bureau of Labor Statistics released in May 2020, an average American has had 8.2 jobs before the age of 32. here is an extract
"--Individuals held an average of 8.2 jobs from ages 18 through 32, with over half of these jobs being held between the ages of 18 and 22".
Answer:
B at least eight
Explanation:
What information should be included on a reference sheet?
A reference sheet should include the Name, contact information, and professional relationship
What is reference sheet?
A reference sheet is used to provide a potential employer with a list of people who can confirm and further discuss your professional experience. The best sources of professional recommendations are former employers, instructors, and advisors. A reference sheet is crucial since prospective employers frequently request a list of references they may call. When a reference sheet is requested, you should be able to provide it right away if your resume said that references are available upon request. In any event, having a reference sheet will allow you to move through the interview process more quickly.
A reference sheet should include the names, titles, organizations, and contact information of individuals who can attest to your skills and accomplishments.
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