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Flura [38]
3 years ago
5

An online retailer uses complex data-mining software to evaluate the preferences and buying habits of its customers and makes de

cisions based on these findings. This is an example of the use of ______ in the decision-making process.
analytics T/F
Business
1 answer:
boyakko [2]3 years ago
7 0

Answer:

TRUE - Analytics

Explanation:

Analytics is the systematic process of finding, interpreting and communicating meaningful patterns found in data. Ot involves the examination of data using mathematical methods.

The online retailer used analytics in order to understand the consumers behaviors and then to be able to make decisions from result gotten rather than the use of "gut" feeling or intuition which isn't backed by data or facts.

The use of analytics in business making decisions generally improves profits margins, efficiency and risk management.

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After the physical inventory is completed, unit costs are determined by dividing the quantities on the summary sheets by the tot
DIA [1.3K]

Answer:

quantities are listed on inventory summary sheets

Explanation:

According to my research on inventory management, I can say that based on the information provided within the question after the physical inventory is completed the quantities are listed on inventory summary sheets. This is done in order to maintain an up-to-date calculation of how much stock is available for each item in order to know and order more before running out of stock.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Frank asked his company's employee benefits director if his group health coverage could be converted to individual coverage. the
Anna007 [38]
<span> The legal doctrine that will allow Frank to bring a successful legal action against his former employer because he was financially harmed due to his reasonable reliance upon a representation of fact is estoppel.
</span> The estoppel is <span> judicial device in common law legal systems used </span>prevent a person from relying upon certain rights, or upon a set of facts which is different from an earlier set of facts.
4 0
3 years ago
If a good that generates negative externalities were priced to take these negative externalities into account, its A. price woul
kiruha [24]

Answer:

The correct option is C: price would increase, and its output would decrease

Explanation:

Many companies that produce goods with negative externalities pay hugely for the negative externalities the consumer tend to face. For example, cigarette companies pay huge taxes because of harmful effect on consumer. If they were to price these goods with the negative externalities taken into account, the price of the good will definitely increase and output reduced.

4 0
3 years ago
Jessica makes photo frames. She spends $5 on the materials for each photo frame. She can create one photo frame in an hour. She
expeople1 [14]

Answer:

=$15

Explanation:

An economist will consider the cost of the photo as the materials costs plus the opportunity cost of labor for Jessica. For Jessica, the opportunity cost of making the photo frame is the amount she would have earned working at the coffee shop. Therefore, the $10 she would have earned at the coffee shop is the labor cost of producing one photo frame.

The total cost of making one photo frame would be $5 plus $10.

i,e. $5 + $10 = $15

Profit from the photo frame = selling price - cost price

=$30- $15

=$15

3 0
3 years ago
Data analytics, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely
mojhsa [17]

<u>Data analytics</u><u>, llc, is a limited liability company. unless the articles of organization specify otherwise, it will most likely be assumed that the firm is ​</u><u>manager-managed.</u>

<u>What is a limited liability company LLC ?</u>

  • A limited liability company (LLC) is a type of business structure that combines the traits of corporations and partnerships.
  • It has TWO PRIMARY FEATURES: (1) the shareholders of corporations are granted limited liability; AND. (2) The tax treatment of a partnership.

What advantage does the LLC form of business ownership offer ?

  • An LLC offers both the limited liability of a corporation and the tax status of a partnership.
  • Benefits: LLCs are more flexible and let non-resident aliens, partnerships, and corporations join.

What is one benefit of a limited liability company over a corporation?

  • The limited liability protection that the name suggests is an LLC's main advantage.
  • An owner's personal assets may be protected from business debts and lawsuits asserted against the company if they operate through an LLC.

Learn  more about limited liability company

brainly.com/question/18567855

#SPJ4

5 0
2 years ago
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