Static , routine business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes.
<h3>What is business operation?</h3>
Business operation can be described as one that involves the transaction of different means for the making of profit.
Hence, Static , routine business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes.
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I just took this test a few days ago and the answer was none of the above. Hope this helps.
Answer:
The interest rate is 7.83%
Explanation:
The winner price in the year 1895 = $190
The winner price in the year 2014 = $1490000
Time duration between, 2014 – 1895 = 119 years
Now we have to find the interest rate at which the winner price has been increased. Thus, use the below formula to find the interest rate.
Future value = present value (1+ r)^n
Future value = $1490000
Present value = $190
n = 119
Now insert the values in the formula.
1490000 = 190(1 + r)^119
1490000 / 190 = (1+r)^119
r = 0.07826 or 7.83%