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djverab [1.8K]
3 years ago
5

Mara Kay is a system analyst for a national department store. She was tasked to identify previously unknown relationships in the

company's sales data that can be used in future promotions. What technique would Mara most likely use?
Business
1 answer:
kherson [118]3 years ago
5 0

Answer: Data Mining

Explanation: Mara Kay tasked with identifying previously unknown relationships in the company's sales data. This is an indication that Mara Kay will be working with pre-existing company data.  

Data Mining can therefore be defined as the examination of large pre-existing databases in order to discover/identify patterns that will be useful in generating new information.

Data Mining is also known as Knowledge Discovery in Databases.

Data Mining will not be complete if the results of the analysis are not used for future purposes, therefore, Mara Kay will use the results of her findings for future promotions.

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cientists have developed a bacteria that they believe will lower the freezing point of agricultural products. This innovation co
alex41 [277]

Answer:

equilibrium price would fall and equilibrium quantity would increase

Explanation:

The discovery would reduce the amount of crops now lost to frost damage and increase the supply of crops e.g. potato.

As a result of the increase in supply, there would be an excess of supply over demand equilibrium price would fall and quantity would increase

Please check the attached image for a graph showing increase in supply

5 0
3 years ago
While stocking the shelves with a new soup, the store manager notes a difference in price between the 16-ounce can and the 32-ou
asambeis [7]

Answer:

The correct answer is: Cost-Plus Pricing Strategy.

Explanation:

To begin with, a ''Cost-Plus'' is the name that a pricing strategy receives in the field of marketing and business that mainly focuses on the pricing of a product by the cost of it plus a certain porcentage of benefit, considering this last one as the benefit margin. Moreover, this type of pricing strategy is one of the most common ones in the field, typically the businesses use this type of pricing strategy due to the fact that it is easy to establish and it does not consider complex terms.

Secondly, in this case where the manager notices such a difference in the prices of the two cans is due to the fact that the manufacturer put less commodities and less effort in the can of 16-ounce rather than in the other can of 32-ounce where there is more soup and therefore there is more cost in that can, establishing that a higher price must put in that one.

5 0
3 years ago
Which of the following statements is CORRECT? Assume a company's target capital structure is 50% debt and 50% common equity.a. T
Bond [772]

The correct statement among the given is 'cost of equity is always equal to or greater than the cost of debt' .

Option-c

<u>Explanation: </u>

Debt on assets which are less likely to lose is secured more uncertainty leads to lower returns, hence lower costs. The risk of loss to equity holders also remains greater and not even assured against any collateral. In comparison to higher risk equity holders foresee higher returns.

This is why debt costs are higher. Such high risk will lead to higher equity costs than debt costs. To investors, equity costs would be returned on equity investment, and debt costs would be made as part of debt investment.

6 0
3 years ago
If you have credit cards that have a total credit limit of $5,000, and you have only $100 remaining before you reach your credit
lina2011 [118]

Answer: not at all

Explanation:

not enough information to advise “negative” or “positive”

7 0
3 years ago
Read 2 more answers
A local car dealership's average customer comes in once every 10 years, and spends $30,000 on each purchase. An average customer
Papessa [141]

The lifetime value of a local car dealership for an average customer is $120,000.

<h3>What is meant by a lifetime value?</h3>

A lifetime value is an average amount that is being earned by the customer over the time period till its being a customer of a particular service.

Given values:

Amount spent by customer: $30,000

The average number of years: 40 years

Computation of lifetime value (LTV):

\rm\ LTV=\rm\ Average \rm\ number \rm\ of \rm\ years \times\ \rm\ Amount \rm\ spent \rm\ by \rm\ a \rm\ customer\\\rm\ LTV= 40 \times\ \$30,000\\\rm\ LTV=\$120,000

Therefore, when a customer spends $30,000 on a car dealership for 40 years of average time then its lifetime value would be $120,000.

Learn more about the lifetime value in the related link:

brainly.com/question/16926291

#SPJ1

5 0
1 year ago
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