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lbvjy [14]
1 year ago
9

Major commercial business intelligence (BI) products and services were well established in the early 1970s. Group of answer choi

ces True False
Business
1 answer:
Yuri [45]1 year ago
5 0

It is a false statement.

<h3>When were major commercial business intelligence (BI) products and services well established?</h3>

Richard Millar Devens coined the term "Business Intelligence" (BI) in the Cyclopaedia of Commercial and Business Anecdotes in 1865. He was describing how Sir Henry Furness, a banker, gained knowledge by obtaining and acting on it ahead of his competitors. More recently, in 1958, an IBM computer scientist called Hans Peter Luhn published an article detailing the possibilities of acquiring Business Intelligence (BI) through the use of technology. Today's definition of business intelligence is the use of technology to collect and analyze data, transform it into meaningful information, and act on it "before the competition." Essentially, contemporary BI relies on technology as a means of making choices fast and effectively, based on the correct information at the right time.

In the late 1970s, CEOs began using the internet for researching business information. This led to the development of software, called Executive Information Systems (EIS), to support upper management in making decisions. An EIS is designed to provide the appropriate and up-to-date information needed to “streamline” the decision-making process. The system emphasizes graphics displays and easy-to-use interfaces in presenting the information. The goal of an EIS was to turn executives into “hands-on” users, who handle their own email, research, appointments, and reading of reports, rather than receiving this information through middlemen/women. EIS gradually lost popularity due to its limitations in actually being helpful.

Therefore, Major commercial business intelligence (BI) products and services were well established in the early 1970s is a false statement.

For more information on Business refer to the given link:

brainly.com/question/12639072

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If a good is inferior, then an increase in income will result in a(n) a. increase in the demand for the good. b. decrease in the
Paul [167]

Answer:

b. decrease in the demand for the good. 

Explanation:

An inferior good is a good whose demand falls when income increases and rises when income decreases.

A decrease in demand would lead to a leftward shift of the demand curve.

Inferior goods contrasts to a normal good. A normal good is a good whose demand increases when income rises and falls when income reduces.

Only a change in the price of a good leads to movement along the demand curve for that good.

I hope my answer helps you

7 0
3 years ago
On January 1, 2021, G Corp. granted stock options to key employees for the purchase of 87,000 shares of the company's common sto
vredina [299]

Answer:

the  compensation expense for the year is $327,120

Explanation:

The computation of the compensation expense for the year is given below:

= (Number of stock options to be purchased × (1 - forefeiture percentage) × fair value per option)) ÷ 2

= (87,000 shares × (1 - 0.06) × $8)) ÷ 2

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The same should be considered and relevant too

8 0
3 years ago
When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attem
Fantom [35]

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The correct answer is letter "C": Mortgage payments.

Explanation:

Net Operating Income or NOI reflects income after operating expenses deducted but before income taxes and interest are deducted. If the result is a positive value it is called <em>Net Operating Income</em>. If the figure is negative, it is referred to as <em>Net Operating Loss</em>.

Net operating income is often used to calculate real estate income, such as residential properties or commercial properties. <em>NOI is calculated by determining the Gross Operating Income (Gross potential income minus vacancy and credit loss) and subtracting the operating expenses (maintenance, fees, and insurance). </em>

<em> </em>

Thus, <em>mortgage payments are not considered in the calculation of the NOI.</em>

6 0
3 years ago
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b. Equipment   Asset account

c. Accounts payable    Liability account

d. Salaries payable   Liability account

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i. Sales revenue   Equity account

j. Inventory  Asset account

Explanation:

All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.

All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.

8 0
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Explanation:

6 0
3 years ago
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