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Natalka [10]
2 years ago
12

BI represents a bold new paradigm in which the company's business strategy must be aligned to its business intelligence analysis

initiatives. Group of answer choices True False
Business
1 answer:
nikdorinn [45]2 years ago
4 0

The answer is, False.

  • A collection of tools (technology, applications, etc.) known as business intelligence (BI) is used to enable better business decisions.
  • BI is a tool for achieving goals, not a goal in and of itself.
  • BI is a crucial tool since technology is advancing quickly and steadily.
  • For instance, it took Walmart several decades to overtake Sears as the leading retailer in the United States, but Amazon did so in only a few short years.
  • Our world has radically transformed as a result of new technology, and no organization can afford to fall behind.

<h3>What do you mean by business intelligence?</h3>
  • Business intelligence (BI) is a technology-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions.

<h3>What is business intelligence give examples?</h3>
  • BI encourages the use of historical data to promote fact-based decision making as opposed to assumptions and intuition.
  • Data analysis is carried out by BI tools, which also produce reports, summaries, dashboards, maps, graphs, and charts to give users a thorough understanding of the nature of the business.

Learn more about  business intelligence here:

brainly.com/question/13339276

#SPJ4

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Government policies, access to resources, and social attitudes can either support or hinder a culture of entrepreneurship. Categ
babymother [125]

Answer:

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Explanation:

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6 0
2 years ago
Consider the production of paper in Strelsau. Suppose that the supply of paper is upward-sloping and the demand for paper is dow
ExtremeBDS [4]

Answer: The optimal price is higher than market price by less than $0.50.

Explanation:

Since, it was given that Coase theorem doesn't hold in this situation, hence, the social marginal cost is greater than the private marginal cost by $0.50. The social marginal cost curve lies towards the left of demand curve.

Since the demand and supply curve are not perfectly elastic or inelastic, so the optimal equilibrium occurs at a point (price) which is greater than the prevailing market price, but the difference in the price is less than $0.50.

Therefore, the optimal price is higher than market price by less than $0.50.

7 0
2 years ago
Haas Company manufactures and sells one product. The following information pertains to each of the company’s first three years o
Gre4nikov [31]

<u>Solution and Explanation:</u>

1 Breakeven point = Fixed cost/contribution per unit  

480000+360000 /(57-43)= 60000 Units

2. a  

                                                year 1        year 2           year 3

unit product cost                               41                    41                      41  

Direct material                              25  

Direct Labour                                       12  

Variable manufactoring overhead 4  

Variable costing unit product cost 41  

2. b <u> Variable expenses</u>    

Variable cost of goods sold      24,60,000        30,75,000      16,40,000  

Variable selling and administrative  1,20,000   1,50,000        80,000  

Total variable expenses         25,80,000   32,25,000        17,20,000  

Contributon margin                  8,40,000 -3,75,000 19,85,000  

Fixed expenses    

Fixed manufactoring overhead  4,80,000       4,80,000       4,80,000  

Fixed selling and administrative 3,60,000      3,60,000       3,60,000

Total Fixed Expenses                 8,40,000       8,40,000       8,40,000  

Net operating income                                       -12,15,000  11,45,000 Note                                            Year 1            year 2            year 3

Unit sold                                               60000      50000          65000  

Unit price                                         57                   57                  57  Sales                                            3420000 2850000 3705000  

Variable cost of goods sold    

Unit                                                          60000     75000         40000  

Unit cost                                                          41              41    41  

Total                                              2460000 3075000 1640000  Variable selling and administrative    

Unit                                                               60000 75000 40000  

Unit cost                                                                   2      2                2  Total                                                          120000 150000 80000

3      

a unit product cost                    year 1 year 2 year 3  

         Direct material                                           25              25      25  

Direct Labour                                                      12       12     12  

Variable manufactoring overhead              4                 4        4  

Fixed manufactoring over head                       8          6.4        12  

Variable costing unit product cost                  49           47.4 53  

Note    

Fixed manufactoring over head    

480000 divided by 60000                                       8.00    

480000 divided by75000                                       6.40    

480000 divided by 40000                                     12.00    

<u>b Hass company</u>    

Absorbtion costing income statement    

          Year 1                         year 2             year 3

Sales                            34,20,000        28,50,000        37,05,000  Cost of goods sold      29,40,000        23,70,000        33,05,000  Gross margin                      4,80,000           4,80,000           4,00,000  selling and admin exp       4,80,000           4,60,000           4,90,000  Net operating income               -                20,000             -90,000  Note    

Cost of goods sold    

Year 1 60000 multiply with 49 = 2940000  

Year 2 50000 multiply with47.4=  2370000  

Year 3 25000 * 47.4+40000 * 53=  3305000  

selling and administrative expenses    

Year 1 60000 * 2+360000 = 480000  

Year 2 50000 * 2+360000 = 460000  

Year 3 65000 * 2+360000 = 490000  

     

     

4 0
2 years ago
The eau claire mad cows is a professional hockey team. the regular ticket price for games is $10. however, anyone with a driver'
sergey [27]
<span>This type of price discrimination is group pricing. The people who live in la crosse are all members of the same group, a town. In addition, everyone that is part of the group is getting the same rate. That is why it is group pricing.</span>
8 0
3 years ago
A ___ warranty promises replacement or refund for defective products.
Romashka [77]

Answer:

I think it is a guarantee.

3 0
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