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klasskru [66]
3 years ago
10

Data-driven decision management is usually undertaken as a way to gain a competitive advantage. A study from the MIT Center for

Digital Business found that organizations driven most by data-based decision making had _________ productivity rates and ____________ profits.
Business
1 answer:
Ganezh [65]3 years ago
5 0

Answer:

  • 4%
  • 6%

Explanation:

Professors Andrew McAfee and Erik Brynjolfsson of the MIT Sloan School of Management performed a study that proved that corporations that used data driven decision management had a higher productivity (+4%) and higher profits (+6%). This study was made by the two professors and the MIT Center for Digital Business.

They were very clear in specifying that the success of data driven management is based upon the quality of the data gathered and the effectiveness of its interpretation. Not all data gathered is useful for every corporation, so it must be properly analyzed and interpreted.

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Unlimited liability means ___________. the business is responsible for the majority of debt it incurs, and filing bankruptcy is
bezimeni [28]

The answer is <u>"Unlimited liability means the business is responsible for the debt it incurs. If the business cannot pay its bills, the debt burden transfers to the owner(s), and he/she/they are liable for all debt".</u>


Unlimited liability alludes to the lawful commitments general accomplices and sole proprietors since they are at risk for all business obligations if the business can't pay its liabilities. As it were, general accomplices and sole proprietors are in charge of satisfying the greater part of the organization obligations by and by if the organization can't make its installments.  

In this sense, the entrepreneurs are boundlessly obligated for all the business activities. Claims make a major issue for accomplices with Unlimited liability.

5 0
3 years ago
A city has built a bridge over a river and it decides to charge a toll to everyone who crosses. For one year, the city charges a
Tatiana [17]

Answer: In the inelastic portion of the demand curve

Explanation:

The city will charge in the inelastic portion of the demand curve, because in that portion the percentage increase in price will be greater than the percentage decrease in demand. Therefore, the price increase will not only compensate for the decrease in demand but will also allow an increase in income.

4 0
3 years ago
The minimum expected rate of return of the management from any project is referred to as the:A)The hurdle rate. B)The internal r
Sunny_sXe [5.5K]

Answer:

B

Explanation:

The Internal Rate of Return (IRR) is the profitability or the ability to generate revenues of the money that remains invested during the life of a proyect. It is also known as the discount rate or cost rate that makes the Net Present Value (NPV) equal to cero. When the NPV is greater than cero, then the proyect creates value ( it is attractive to investors) if it is less than cero, then the proyect destroys value and investors are going to loose money. If the NPV is equal to cero, then investors  recover their investment but they do not obtain gains nor losses. The minimum rate of return is the one in which at least investors obtain the same amount ( in present value) of their investment; that is the internal rate of return (IRR).

6 0
4 years ago
An article in the Wall Street Journal contained the following observation: "Every month, millions of workers leave the job marke
Alik [6]

Answer:

The millions of workers leaving the job market for the reasons given are:

  • B) not counted as unemployed in the BLS data because they are no longer actively looking for work.

Even if they don't find a job right away, people entering the job market after graduating from high school or college will

  • A) be counted as part of the labor force by the BLS if they are actively looking for work.

Explanation:

The unemployment rate includes everyone that doesn't have a job but has actively looked for one during the last 4 weeks (generally a month because the unemployment rate is given on a monthly basis), and are currently available and willing to work.

7 0
3 years ago
A mayor announces plans to reduce the salaries of Firefighters by ten percent, but the union that represents the
Alex787 [66]
The answer is Mediator.
Because when you google the definition of the mediator it tells you the following:

“a person who attempts to make people involved in a conflict come to an agreement; a go-between.”
8 0
4 years ago
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