1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lerok [7]
4 years ago
13

What is data? Why is data important to a business?

Business
1 answer:
Solnce55 [7]4 years ago
5 0
Data is what a company collects from users or just from all the success they received from their company. It is very important because if it weren’t for data then a business wouldn’t know if their customers are happy or they wouldn’t interpret anything either. Data just helps a business grow.
You might be interested in
An important difference between the gdp deflator and the consumer price index is that
Temka [501]
<span>GDP stands for Gross Domestic Product and it reflects all goods and services produced within the country. CPI stands for Consumer Consumer Price Index and it reflects the prices of a representative basket of goods and services purchased by the consumers.</span>
7 0
4 years ago
Can someone pls solve 2.10 for me ?
frozen [14]

Answer:

A, B, F

Explanation:

3 0
3 years ago
Stuart owns 300 shares of Turquoise Corporation stock and 2,000 shares of Blue Corporation stock. During the year, Stuart receiv
Crank

Answer:

The answer is: A) $0

Explanation:

I am assuming Stuart's stock is part of his retirement account. If this is true, then the stock dividends and stock splits are not taxed as they are earned (but they will be taxed later when Stuart starts receiving his distributions).

If Stuart's stock was not part of his retirement account, then he would have to pay taxes (usually a 15% tax rate applies).

5 0
3 years ago
Read 2 more answers
If demand is inelastic, a drought around the world would ___the total revenue that farmers receive from the sale of grain.
Elena L [17]

Answer:

Raises ;

C. A drought in Kansas is not significant enough to affect the worldwide price of grain.

Explanation:

Drought is a situation where there is shortage of water due to prolong absence of rainfall.

This is because, when Kansas has a drought, purchasers or buyers can substitute  wheat from other places for Kansas wheat.

But, when the whole world has a drought, purchasers or buyers have no other suppliers of wheat to substitute.  This means that, no area will have wheat so that the buyers can buy, because every area will be affected by the drought.

In this case,the demand for wheat is inelastic in the short run.

7 0
3 years ago
Read 2 more answers
Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem
qwelly [4]

Answer: See explanation

Explanation:

​a) What is the economic order​ quantity? ​

This will be:

= ✓[(2 × Demand × Ordering Cost)/(Holding Cost)]

= ✓(2 × 15700 × 77 / 22)

= ✓109900

= 331 approximately

b) What are the annual holding​ costs? ​ ​

Holding Cost = Average Inventory × Holding cost for item

= 331/2 × $22

= $3641

c) What are the annual ordering​ costs? ​

This will be calculated as:

= (Annual Demand/EOQ)*Ordering Cost

= (15700 / 331) × 77

= $3652

​d) What is the reorder​ point?

Reorder point = Daily Demand × Lead Time

= (15700/300) × 3

= 157 units

3 0
3 years ago
Other questions:
  • The costs of direct materials are classified as: Conversion cost Manufacturing cost Prime cost A) Yes Yes Yes B) No No No C) Yes
    11·1 answer
  • If interest rates rise, Choose one: A. it will reduce consumption smoothing. B. foreign entities that are borrowers of funds wil
    9·1 answer
  • Last year all refuse collected by Shelbyville city services was incinerated. This incineration generated a large quantity of res
    11·2 answers
  • During the past five years, the nation of Andolvia began a massive undertaking: teaching farmers how to successfully grow and ha
    5·2 answers
  • Revenue expenditures
    12·1 answer
  • An overreaction by developers in response to a change in demand typically results in A. an increase in values. B. a decrease in
    12·1 answer
  • How much money should i bring to a concert?
    9·1 answer
  • The Fama-French 3 factor model contains... Group of answer choices market, momentum, and liquidity risk factors none of the answ
    13·1 answer
  • Corporation had net sales of $2,421,500 and interest revenue of $35,400 during 2020. Expenses for 2020 were cost of goods sold $
    12·1 answer
  • What three variables determine how much interest a person could earn from a savings account?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!