Answer:
it is good that all business majors study this regardless, as strategic management takes place at several/multiple levels in any organization they may find themselves
Explanation:
Even though most students may never become CEOs or branch manager or department heads of departments, it is good they study strategic management as strategic management provides directions through the development of plans on how to achieve an organizations set goals.
Several other levels in an organization may require the knowledge of strategic management. These employees in these other job roles could be asked to complete strategic plans for their various departments. Also at all levels, employees are asked to make contributions towards their organizations strategic plan. This makes it important for all business majors to study.
<span>The policy owner of an adjustable life insurance policy wants to increase the death benefit which can be increased when you can prove insurability. A death benefit is what is paid to someone known as a beneficiary if an insured person dies. When you have insurance you set up an individual or list of individuals that are able to collect on your behalf if you die while insured. </span>
Answer:
a small alpha value is used.
Explanation:
The exponential smoothing forecasting technique is used for forecasting a time series when there is no trend or seasonal pattern, but the mean of the time series is slowly changing over time.
The choice of the smoothing constant α (alpha) is important in determining the operating characteristics of exponential smoothing. The smaller the value of α (alpha), the slower the response. Therefore when a small alpha value is used the exponential smoothing forecasting technique slowly responds to changes in the mean level of demand.
When the values of α (alpha) are larger this makes the smoothed value to react quickly – not only to real changes but also random fluctuations.
Someone who is trying to make money and scam you.
Answer:
$800,000
Explanation:
The computation of the car dealership profit is shown below:
Car dealership profit is
= Total revenue earned - total cost spent
where,
Total revenue earned is $1,500,000
And, the total cost spent is $700,000
So, the car dealership profit is
= $1,500,000 - $700,000
= $800,000
We simply deduct the total cost spent from the total revenue earned so that we get to know car dealership profit