Answer:
Part 1. Marketing Department
Part 2. Sales Department
Explanation:
The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.
On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.
Answer:C
Explanation:most of their decision overseen by corporate executive..in an organization where profit is the main target every decision must be thoroughly checked
Mid 19th centuries. Although China claimed it was played centuries before.
Answer:
data warehouse
Explanation:
A data warehouse , also known as an enterprise data warehouse , is a system used for reporting and data analysis, and is considered as a core component of Business Intelligence environment. data warehouse are central repositories of integrated data from one or more disparate sources. They store current and historical data and are used for creating analytical reports for knowledge workers throughout the enterprise. In short, a data warehouse is a database organised in a way that is conductive to producing business analytics quickly and accurately. Relevant data is extracted from one or more operational systems and brought together in a single place (warehouse) to provide a business with a central store of data. Business intelligence (BI) is a process for analyzing data and deriving insights to help businesses make decisions. In an effective BI process, analysts and data scientists discover meaningful hypotheses and can answer them using available data. For example, if management is asking “how do we improve conversion rate on the website?” BI can identify a possible cause for low conversion. The cause might be lack of engagement with website content. Within the BI system, analysts can demonstrate if engagement really is hurting conversion, and which content is the root cause. The tools and technologies that make BI possible take data stored in files, databases, data warehouses, or even on massive data lakes—and run queries against that data, typically in SQL format. Using the query results, they create reports, dashboards and visualizations to help extract insights from that data. Insights are used by executives, mid-management, and also employees in day-to-day operations for data-driven decisions.
The Circular Flow Model aims to show how different sectors in the economy interact.
- Households ⇒<u> </u><u>Labor </u>⇒ Resource / Factor Market
- Households ←<u> Wages / Salaries</u><u> </u>→ Resource / Factor Market
Households provide labor to the resource market and in exchange, they are paid a salary.
- Resource / Factor Market → <u>Labor </u>→ Firms / Business
- Resource / Factor Market ← <u>Spending </u>← Firms / Business
The labor that households provide the resource market is employed by companies to produce goods and services. They then spend on paying wages for the labor they receive.
- Firms / Business → <u>Products </u>→ Product Market
- Firms / Business ← <u>Revenue </u>← Product Market
The firms will then sell the goods and services produced to the product market where they will earn a revenue for selling them.
- Product Market → <u>Products </u>→ Households
- Product Market ← <u>Income </u>← Households
Households will go to the product market to buy goods and services. They will then use the income they earned from the companies to buy these goods and services.
In conclusion, the economy interacts in such a way that every sector is connected.
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