Answer:
a. Quality Software - Prescriptive Analytics
b. ABC Supermarket - Descriptive Analytics
c. Global Hospitality - Diagnostic Analytics
d. XYZ - Predictive Analytics
e. Manufacturing - Descriptive Analytics
Explanation:
Descriptive analytics is the strategy which uses the past data and creates a summary for historical data to create future analysis.
Predictive Analytics is the strategy which uses statistical calculations and models to predict the future.
Diagnostic Analytics is the strategy which the analyst observes the past event and then examines why certain situation happened. This is used by analysts to make sure that historic mistakes are not repeated.
Prescriptive Analytics is the strategy in which strategic planning is made after the operational activities are analyzed and then strategies are formed in order to plan future performance.
Answer:
It is true
Explanation:
Chartered Accountants most especially external auditors are trained to provide assurance services that will give credit and reliability to the financial information being presented to the users by the directors.
Their services include statutory audit and other related assurance services.
The report produced by a Chartered Accountant (e.g External Auditor) gives reasonable assurance to the shareholders of the company or any other external users.
Answer: Return on sales is calculated based on sales volume and not profit
Explanation:
This can be explained by understanding the scenario; the price that discounters pay is lower than any other channel. Discounters have high variable cost, they only pay $52 for the Russel with 41percent return on sales. They also larger fixed costs than the other channels and the return on sales is calculated based on sales volume and not profit.
Answer:
C. Country A equals –$100 million.
Explanation:
Imports from Country B to Country A = $200 million
Imports from Country A to Country B = $100 million
Imports for one country represents exports to another.
Net exports is the difference between exports and import for a country.
Net exports for country A = $100 million - $200 million = - $100 million
Net exports for country B = $200 million - $100 million = $100 million
Right option is C. Country A equals –$100 million. Country's A export is less than it's import.
I think its either to balance available resources and expenses or to plan future income and spending