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creativ13 [48]
3 years ago
10

According to the Comparative Analysis of Tools and Technologies for Policy-Making theory, there are 11 possible main categories

of Information Communications Technology (ICT) tools and technologies that can be used for policy-making purposes.True / False.
Business
1 answer:
Musya8 [376]3 years ago
3 0

Answer:

True

Explanation:

The eleven categories are

  1. Visualization : for better understanding of data
  2. Argumentation: visualize the structure of complex arguments using graphs
  3. eParticipation : encourages participation in social and political process
  4. Opinion mining : interpret public comments written in different application
  5. Simulation :guides towards making decision concerning future actions
  6. Serious games:Train users
  7. Policy making : to help in policy making
  8. Persuasive tools : to convince users for change of attitude
  9. Social network analysis : analyse social network users behavioral pattern
  10. Big data : supports helps in processing large data
  11. Semantics and linked data: analyzing and publishing large data
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The impact of Hurricane Katrina on consumers in the economy was to make them very pessimistic about their future incomes. How do
Firlakuza [10]

Answer:

The correct answer is option c.

Explanation:

Because of a hurricane, there is a sense of pessimism among the consumers regarding their future incomes. This sense of pessimism would cause consumers to reduce their spending and save money for the future.  

This causes the consumption expenditure to decline. This reduction in the consumption expenditure will cause the aggregate demand to decrease as well. This will cause the aggregate demand curve to move to the left.  

This leftward shift in the aggregate demand curve will further cause the equilibrium price and quantity to decline.

5 0
3 years ago
What is the difference between product value and unique selling proposition?​
cestrela7 [59]

Answer:

USPs and value propositions often get confused

there under two different umbrella .

Keep in mind that your USP doesn’t have to revolve around a product detail (such as quality, features, or price). It can also call attention to a unique aspect of your business more broadly speaking (service, selection, speed, convenience, dependability, guarantees, customization, philanthropy, and so on).

Value propositions are longer statements than USPs because they express the tangible results or concrete outcomes (“benefits”) a customer experiences from using a company’s products or services. They serve to convince your target market they’ll get “value for their money” by describing exactly what that value is. 

7 0
3 years ago
After years of doing their own bookkeeping and preparing all of their tax documents in-house, the Watkins BookStop is having a f
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Answer:

Most bookkeepers will prepare three major financial statements for your business—the profit and loss statement, balance sheet, and cash flow statement. It's a good idea to have updated financial statements every month, and then again at year end

3 0
3 years ago
Ranada Company manufactures and sells sportswear products. Ranada uses activity-based costing to determine the cost of the custo
mote1985 [20]

Answer: The customer cost for combined shipping and returns of Product 1 is <u>$6.25 per unit.(option c)</u>

We arrive at the answer as follows:

<u>A. Calculating cost of returns</u>

Cost of returns = Cost per returns * Number of returns

Cost of returns = 45 * 150

Cost of returns = 6750

<u>B. Calculating Cost of shipments</u>

Cost of shipments = Rate per shipment * Number of shipments

Cost of shipments = 10 * 1200

Cost of shipments = 12000

C.Calculate total cost of shipments and cost of returns

Total Cost = Cost of shipments + Cost of returns

Total Cost = 12000 + 6750

Total Cost = 18750

<u>D. Calculate cost per unit</u>

Cost per unit = \frac{Total Cost}{Number of units shipped}

Cost per unit = \frac{18750}{3000}

<u>Cost per unit = 6.25</u>







4 0
4 years ago
Fresh Foods, a large restaurant chain, needed to determine if it would be cheaper to produce 5,000 units of its main food ingred
ICE Princess25 [194]

Answer:

Fresh Foods

Make or Buy Decision:

1. Make the ingredient in-house.

2. Make in-house is more cost effective by $3,000 ($90,000 - 87,000)

3. If 40% of the fixed overhead can be avoided if the ingredient is purchased externally:

Total cost:

To make in-house = $87,000

To buy = $78,000 ($60,000 + $30,000 x 60%)

To buy now becomes more cost effective by $9,000 ($87,000 - 78,000).

Explanation:

a) Management in production companies are always faced with the buy or make decision.  For this type of decision making, the appropriate costs to analyze are the differential (incremental) costs.  These are costs that make a difference between alternatives.

b) Calculation of cost:

                                                                  Make                  Buy

                                                        Total            Unit

Purchase                                                                              $60,000

Direct materials                           $25,000     $5.00

Direct labor                                     15,000       3.00

Variable manufacturing overhead  7,500        1.50

Variable marketing overhead         9,500        1.90

Fixed plant overhead                    30,000       6.00            30,000

Total                                             $87,000    $17.40         $90,000

Total variable costs                     $57,000                        $60,000

6 0
4 years ago
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