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Debora [2.8K]
3 years ago
7

After 8 years of working for a company that installed underground sprinkling systems for golf courses, Trevor was ready to ventu

re into his own business. As he prepared his SWOT analysis, he evaluated where he stood at this time. He was fortunate to have $100,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as
A. three opportunities and one threat.
B. two strengths and one threat.
C. two strengths and one opportunity.
D. three opportunities and one weakness.
Business
1 answer:
BARSIC [14]3 years ago
3 0

Answer:

B. two strengths and one threat

Explanation:

SWOT is an acronym that stands for strengths, weaknesses, opportunities and threats.

SWOT analysis helps an organization assess it's competitive position and devise strategies accordingly. Such an analysis aids an enterprise in decision making and planning.

In the given case, availability of finance/capital conveys strength and so does availability of skilled installers.

The construction activity being at an all time low with residential properties being foreclosed depicts a threat.

Thus, the given scenario represents two strengths and one threat.

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Which of the following statements is correct? A. Control is most effective when two or three people are given responsibility for
Furkat [3]

Answer:

"B"

Explanation:

Segregation of duties is a major international control procedure where responsibilities are shared between two or more individuals.

The aim is to minimize or prevent the opportunity for a particular individual to  execute and cover up fraudulent activities.

It is arranged in a way that an individual is in the position to keep a check over the activities of the other party.

3 0
3 years ago
Economists are concerned with an individual's wants because 1. wants always lead to shortages in the economy. 2. needs because e
trasher [3.6K]

Economists are concerned with an individual's wants because wants because the existence of wants leads to scarcity.

<u>Explanation:</u>

Wants are the wishes of the human beings. It is the desire that is to be achieved by human beings. Every individual wants something in life for the survival. The wants of human beings has led to the technology advancements and discovery of many new things.

Wants are never ending things in human life. When something is achieved and there arises another want to be achieved again. This is to live better and this betterment will be never ending one, hence, economists view wants of individuals to lead to scarcity.

4 0
3 years ago
Suppose that, at an official ticket price of $480, there are 6,000 Justin Timberlake fans wanting to attend his concert, but onl
Nonamiya [84]

Answer:

A. The market clearing price of the tickets is more than $480.

Explanation:

Market-clearing price is a level where the quantity demanded of a product matches or the quantity supplied. At this price, A product or service does not experience any surplus or shortages.  It is the price where the demand curve and the supply curve intersect. The market-clearing price is the same as the equilibrium price.

As the price of $480, the demand for the show is at 6000, but supply is at 4000. There is a surplus in demand. The price of $480 is attractive to more people than supply can handle. Matching supply and demand would require the price to be set above the $480.

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What is data and knowledge management affect research and development?
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It coverage towers to towers internet connection
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Who is responsible for ensuring the policies and procedures are implemented across the organization and acts as a liaison betwee
Elina [12.6K]

Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?

The correct answer is Data Steward

<h3>Why is MIS becoming so important to businesses?</h3>

The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.

The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.

Learn more about the MIS department and the business here

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#SPJ2

8 0
2 years ago
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