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TiliK225 [7]
3 years ago
11

If a hotel wishes to determine where to spend resources on renovations - on interior decor or on curb appeal or on recreational

facilities - they would use business intelligence to make the decision.
True
False
Business
1 answer:
creativ13 [48]3 years ago
4 0

Answer:

The correct answer is True.

Explanation:

The term Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis and presentation of commercial information. The objective of Business Intelligence is to support better business decision making.

The automatic aspect of Business Intelligence should not go unnoticed. Daily information monitoring allows you to evaluate performance, monitor inventory and track expenses in real time.

Planning strategies without a thorough data analysis is like aiming in the dark. Business intelligence lights the way to make the best decisions in the management of your hotel.

The usefulness of technology to take data from the environment for strategic knowledge is evident as soon as it is launched. By extracting essential data from the environment and presenting it on dashboards, business intelligence allows managers and managers to make informed strategic decisions.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

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Ibram Corporation had 200,000 shares of $1 par value common stock outstanding. If Ibram announces a 4-for-1 stock split, the par
LenaWriter [7]

Answer:

Post split Shares: 800,000

Post split par value: $0.25

Explanation:

Stock split seeks to increase the number of shares available for trading on the exchange thus increasing the liquidity. Stock split of 4 for 1 increases the shares by 4 times e.g. every holder of 1 share will receive total of 4 new shares. Thus the shares will increase to 4 times: (200,000 * 4) = 800,000.

Post split share price is calculated by dividing par value to the proposed split.

($1 / 4) = $0.25 per share.

3 0
3 years ago
_____ is a form of financial exchange that involves the use of checks.
dalvyx [7]

Answer:

deposit money

Explanation:

this is because it can not be online but checks are a way of transferring currency and so can not be currency so A deposit money is cancelled out answer

5 0
3 years ago
Read 2 more answers
John has to choose between two jobs: one that offers him $50 per hour and one that offers him $35 per hour. the opportunity cost
Viefleur [7K]

Answer:

$35 per hour

Explanation:

Data provided;

The John has 2 alternatives to choose from

Alternative 1 offers him $50 per hour

Alternative 2 offers him $35 per hour

John opts for the Alternative 1 i.e $50 per hour

Now,

The opportunity cost is given as the next high valued alternative and for the given question, we have the next high valued alternative of $35 per hour

Hence,

the opportunity cost of choosing the alternative 1 i.e job offering $50 per hour is $35 per hour

4 0
3 years ago
Consider a hypothetical economy where there are no taxes and no international trade. households spend $0.80 of each additional d
KengaRu [80]
The formula for the multiplier is 1 / (1 - MPC), whereby MPC represents the marginal propensity to consume. Applying the formula to our case, we get: M (multiplier) = 1/(1-0.8) = 1/0.2 = 5. The multiplier in this economy is therefore 5.
7 0
3 years ago
What does a person need if he or she is not able to pay for a planned purchase in full with a check or cash? A. a credit card B.
Gennadij [26K]

Answer:

C. a long-term loan from a bank

Explanation:

A loan or credit facility is suitable when a person is unable to pay in cash or by check. Lenders such as banks and credit unions offer credit facilities to their customers. These institutions charge  interest on loans advanced.

When planning for a capital intensive purchase, a long term bank loan is suitable. Banks can extend credit facilities for huge amounts of money. The monthly repayments and interest rates for a long-term loan are usually low, making it affordable to many borrowers.

8 0
3 years ago
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