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Lapatulllka [165]
2 years ago
12

online blank processing is the manipulation of information to create business intelligence in support of strategic decision maki

ng.
Business
1 answer:
In-s [12.5K]2 years ago
5 0

online Information is changed through analytical processing in order to produce business intelligence to aid in strategic decision-making.

MEANING

Online analytical processing, also known as OLAP, is a method used in computing to quickly respond to multi-dimensional analytical (MDA) inquiries. The broader field of business intelligence, which also includes relational databases, report writing, and data mining, includes OLAP as one of its subcategories. Business reporting for sales, marketing, management reporting, business process management (BPM), budgeting and forecasting, financial reporting, and related sectors are typical OLAP applications. New applications, such agricultural, are emerging.

Online transaction processing, a traditional database phrase, was slightly modified to become OLAP (OLTP).

Users of OLAP technologies can interactively evaluate multidimensional data from many angles. area, etc.

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ICE Princess25 [194]

Answer: Option (B) is correct.

Explanation:

The nominal GDP is equal to the real GDP in the base year, that's why GDP deflator in the base year is equal to 100.

GDP deflator is calculated as the nominal GDP divided by the real GDP multiply by 100. It is shown as:

GDP deflator = \frac{Nominal\ GDP}{Real\ GDP} \times 100

GDP deflator would be used as the conversion factor that transformed the real GDP into nominal GDP.

5 0
3 years ago
Assume that the marginal propensity to consume is 0.8 and that potential output is $800 billion. If real GDP is $850 billion, to
kari74 [83]

The following policies would bring the economy to potential output is Decrease government spending by $10 billion.

<h3>What is Marginal Propensity?</h3>

The "Marginal Propensity" to consume is defined as calculate quantification of money that consumers are ready to spend.

The term "Marginal propensity" to consume is term used in economics. It measures monetary value which consumer is willing to spend to buy goods and services instead of saving it.

The "Marginal Propensity" to consume tends to increase economic activities of country by keeping cash flowing and by not keeping it stagnant. It also helps in increasing trade value and quality and cost of products because it increases healthy competition among companies and in which consumers are ultimately benefitted.

Therefore , we can conclude that the correct option is C.

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7 0
2 years ago
According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contr
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According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.

<h3>What do you mean by Uniform Commercial Code?</h3>

The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.

According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.

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3 0
2 years ago
What is meant by allocative efficiency? Allocative efficiency is when every good or service A. is produced up to the point where
Alborosie

Answer:

Option (E) is correct.

Explanation:

Allocative efficiency is created when the gap between marginal benefit and marginal cost is maximum. The marginal benefit is the benefit that a consumer can get by consuming an additional unit of a commodity and the marginal cost is the cost that a producer incurred by producing an additional unit.

Hence, the allocative efficiency is achieved where the difference between these two terms is maximized.

5 0
3 years ago
I sometimes start projectsThat I have difficulty finishing Disagree or agree
Naddik [55]

Answer:

agree lol

Explanation:

8 0
3 years ago
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