1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
When profit-maximizing firms in competitive markets are earning profits, market demand must exceed market supply at the market e
ella [17]
The correct answer is " new firms will enter the market"
4 0
4 years ago
Lusk Corporation produces and sells 14,300 units of Product X each month. The selling price of Product X is $25 per unit, and va
zloy xaker [14]

Answer:

Annual financial disadvantage = $ (669,600)

Explanation:

Relevant cost are future incremental cash costs that arise as a direct consequence of a decision.

The relevant costs of this decision to disconnected includes the following:

  1. The variable cost of making the product = $19 per unit
  2. Sales revenue at a price of $25
  3. Savings in  avoidable fixed costs (102,000-72,000) = 30,000

Annual financial advantage                                

                                                                       $

Lost contribution $(25-19)× 4,300 units =   (85,800)

Saving in fixed cost =                                   <u>  30,000</u>

M<em>onthly net loss                                            </em><em><u> 55,800</u></em>

Annual financial disadvantage

Monthly net loss × 12 months

=  (55,800)  × 12

=  $ (669,600)

8 0
3 years ago
ne of the most common mistakes new business owners make is A. not establishing a good relationship with a financial institution.
SCORPION-xisa [38]
One of the most common mistakes new business owners make is C. setting unrealistic goals
As a new business owner, you have to determine your goal for your business which is achievable.
3 0
3 years ago
Read 2 more answers
Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The numbe
zysi [14]

It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.

<h3>How to calculate the target profit</h3>

From the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.

Therefore, the number of blankets that must be sold to achieve the target profit will be:

= (520000+320000)/21

= 40000

Learn more about profit on:

brainly.com/question/1078746

5 0
2 years ago
A new car has a sticker price of $20,950, while the invoice price paid was $18,750. What is the dealer markup?
Greeley [361]
20,950 minus 18750 is 2200 so im guessing the markup is $2200
7 0
3 years ago
Read 2 more answers
Other questions:
  • Swifty Corporation reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw mater
    5·1 answer
  • Classify each item as an asset, liability, common stock, revenue, or expense.
    12·1 answer
  • Market anomaly refers to _______. an exogenous shock to the market that is sharp but not persistent a price or volume event that
    8·1 answer
  • Winter Company has no beginning and ending inventories, and reports the following data about its only product: Direct materials
    11·2 answers
  • What is the major source of revenue for most state governments?
    8·2 answers
  • Because of their relatively small national economies, which of the following is most likely considered to be the most important
    6·1 answer
  • In the liquidation of a partnership, any gain or loss on the realization of non-cash assets should be allocated:_____.
    8·1 answer
  • A liquidity ratio measures the Group of answer choices income or operating success of an enterprise over a period of time. abili
    15·1 answer
  • What is one key difference between payday loans and title loans?
    6·1 answer
  • What is the problem with exporting large amounts of central american agricultural products?.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!