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RSB [31]
3 years ago
8

Marco is a Latino who lives in Boston, Massachusetts. Over the years, he has noticed that more stores in his community specializ

e in ethnic products. This has made Boston feel more like home to him. What trend might explain this recent influx in stores that cater to the Latino population
Business
1 answer:
boyakko [2]3 years ago
3 0

Answer:

<u>the trend of more Latino immigration </u>

Explanation:

The stores have identified a market opportunity because of the increase in Latino immigrants in Boston, Massachusetts.

Note that when a significant amount of a population come from a certain ethnic group, demand for ethnic products is more likely to increase. Thus, this has made Marco feel very much at home.

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Why is it important for managers to pay close attention to their organization’s production system if they wish to be responsive
Marina86 [1]

Explanation:

The production system consists of all integrated activities and operations for the production of goods and services.

Organizational capacity is measured by the set of effective actions of coordination and control of the production system. Therefore, active management of systems monitoring will determine key factors for better meeting consumer demands and needs through continuous improvement in the quality of manufacturing processes, innovations, reduction of waste and unnecessary spending, which enables greater transfer to the customer a product with quality and low cost and represents for the organization gains of competitive and strategic advantages.

8 0
3 years ago
Which point in the business cycle has the greatest economic activity?
Lerok [7]
National Bureau of Economic Research<span> (</span><span>NBER</span>
7 0
3 years ago
A market research company employs a large number of typists to enter data into a computer database. The time it takes for potent
monitta

Answer:

<u><em></em></u>

  • <u><em>4.75% of the candidates takes more than two hours to learn the computer system.</em></u>

<u><em></em></u>

Explanation:

The relevant information to solve the problem is:

  • 1. <em>The time it takes to learn follows a Normal distribution </em>

  • 2.<em> The mean is 90 minutes</em>

  • 3. T<em>he standard deviation is 18 minutes</em>

  • 4. <em>The question is What proportion of candidates takes more than two hours to learn the computer system?</em>

Then, you shall calculate the Z-score and use a standard distribution table to look up the Z-score and the corresponding probability.

Repeating myself from a recent answer, "there are two types of standard distribution tables: tables that show values that represent the AREA to the LEFT of the Z-score, and tables that show values that represent the AREA to the RIGHT of the Z-score".

<u>1. First, calculate the Z-score:</u>

       Z-score=\frac{x-mean}{standard\text{ }deviation}

                          x=2hours=120min

        Z-score=\frac{120-90}{18}\approx 1.67

<u>2. Use the table that represents the area to the right of the mean to find the ratio of typists that have a Z-score greater than 1.67.</u>

          Probability=0.0475=4.75\%

Therefore, 4.75% of the candidates takes more than two hours to learn the computer system.

4 0
3 years ago
The problem of scarcity:
natali 33 [55]

Answer:

The correct answer is option b.

Explanation:

The problem of scarcity of resources is the basic problem in the study of economics. This problem exists because the resources are limited and have alternative uses. These resources are used to satisfy unlimited wants and needs.

So we need to determine the efficient allocation of these scarce resources such that we are able to get maximum satisfaction or utility from them.

Because of this scarcity problem, every economic decision involves some trade-off.

8 0
3 years ago
A researcher unobtrusively stands in the toy section of a retail store and uses a checklist to note the sequence in which small
yanalaym [24]

Answer: It is an example of a direct, disguised observation.

Explanation:

Direct observation, also called an observational study, is a form collecting evaluative information whereby the researcher watches the subject in his or her environment. Direct observation is sometimes used when other data collection processes such as questionnaires, surveys, etc., are not effective. Direct observation is also used when the goal is to take note of an ongoing behavior process, situation or event, or when there are outcomes that the researcher can readily see.

Direct observation can either be overt, that is, when the subject being researched on knows the purpose of the research, or covert, that is, when the subject is not aware of the researcher's presence or purpose of the observation.

3 0
3 years ago
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