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anygoal [31]
2 years ago
13

Give three examples of business processes or operations that would benefit significantly from having detailed real-time or near

real-time data and identify the benefits.
Business
1 answer:
LenaWriter [7]2 years ago
6 0

Answer:

Business Processes/Operations that would benefit from having detailed real-time or near real-time data are:

  1. Air Tower/Radar Monitoring Operations
  2. Hualage/Logistics Operations
  3. Forex/Stock Trading Transactions

Explanation:

  1. Lower Risk: Real-time data in operations lowers risk, minimizes room for errors are decisions for course correction are made instantly as the data occur.
  2. Improved Efficiency: to make decisions on the spot based on real data mean to cut down on time spent before decisions are made. Hence, increased efficiency.
  3. Lower costs: Real-time collection and use of data imply automated systems. An Automated system allows for instant decisions without requiring the accumulation of paper trails. In most cases, real-time data also provide uncommon insights into the deep operations of the company.

Cheers!

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When the Fed buys bonds the supply of money decreases and so aggregate demand shifts left. the supply of money decreases and so
stealth61 [152]

Answer: The supply of money increases and so aggregate demand shifts right.

Explanation: When the Federal Government buy Bond they help to increase the amount of money available for the Banks to loan to Business entities, Organisations and individuals.

The Aggregate Demand will Shift to the right, signaling the Increase in the rate of Demand as a result of the Increase in the volume of Money in circulation within the Economy. Once consumers have money to spend or invest they will cause the Demand for goods and services to increase.

4 0
3 years ago
Kohl's Corporation decided to discontinue its Kohl's credit card operations. What factors would this department store company ha
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Answer:

The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.

Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.

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2 years ago
Samantha is the store manager of a sporting goods store. A customer came in to return a fishing reel because the reel did not wo
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The type of account Samantha should recod the transaction is the contra account.
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3 years ago
In preparing a company's statement of cash flows for the most recent year, the following information is available:
Butoxors [25]

Answer:

- $ 138,000

Explanation:

The investment activities includes the transaction done on purchasing the equipment and selling the land.

Thus, for the given question

The list of investment activities:

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Purchase of Land = - $ 119,000

here, the negative sign depicts the amount is paid

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3 0
2 years ago
Read 2 more answers
Jan. 1Purchased a small company and recorded goodwill of $177,000. Its useful life is indefinite. May 1Purchased for $144,000 a
stich3 [128]

Answer:

The Journal entries are as follows:

(i) On December 31,

No entry

(ii) On December 31,

Amortization expense A/c Dr. $16,000

           To Patents A/c                            $16,000

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Workings:

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= (Purchasing cost of patent ÷ Estimated useful life) × Time period

= ($144,000 ÷ 6) × (8/12)

= $24,000 × (8/12)

= $16,000

3 0
3 years ago
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