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pav-90 [236]
3 years ago
13

What can the forecasting function of a spreadsheet help businesses do?​

Business
1 answer:
ValentinkaMS [17]3 years ago
5 0

Microsoft Excel offers several great tools for sales forecasting. It includes forecasting and modeling add-ons that you use together with spreadsheets to create financial models and scenarios. Thus, Excel can help businesses predict what will happen in the future and help them plan adequately.

Hope this helps you! <3

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Chipper, the marketing director for Tee Time Golf Resort, is making plans for the annual tournament and is trying to determine t
HACTEHA [7]

<u>Chipper's analysis of the situation sounds reasonable to the general manager-This statement is true  according to the expectancy theory.</u>

Explanation:

<u>Expectancy theory states that the employee in an organization will be motivated to work or put in efforts if they believe that the putting in more effort will yield them better result in terms of their job performance (The benefits can be in form of an increase in salary or incentives)</u>

An employee would be motivated to put in higher amount of effort to perform better on the job. This would occur at an even rate if he knew what the rewards were going to be.

<u> For instance, an extra day off or increase in salary.</u>

<u>According to expectancy theory, t</u>he participants will ask themselves if it is possible to win the tournament given the other talent that will be competing, and, whether  the experience and reward be worth the expense that they are incurring  for a round of golf.

7 0
4 years ago
The production budget shows expected unit sales of 40000. Beginning finished goods units are 3800. Required production units are
katrin2010 [14]

Answer:

desired ending inventory= 5,400 units

Explanation:

Giving the following information:

Sales= 40,000 units

Beginning finished goods= 3,800 units

Production= 41,600 units

<u>To calculate the desired ending inventory, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

41,600= 40,000 + desired ending inventory - 3,800

41,600 + 3,800 - 40,000= desired ending inventory

desired ending inventory= 5,400 units

8 0
3 years ago
A movie ticket cost $0.5 in 1970. The CPI (1970) and the CPI (2011) was 38.8 and 218.8 respectively. How much money would you ha
adelina 88 [10]

Answer:

$2.82

Explanation:

The CPI is the measure of the average changes in prices of consumer goods and services. The CPI compares current prices and prices at the base year.

CPI is expressed as a percentage. It represents the cost of goods in a given year divided by the cost of goods in the base year multiplied by 100.

In 1970, the movie price was $0.50, and CPI was 38.8%

in 2011, CPI was 218.8%; the movie price will be?

in 1970: $0.50 =38.8%

in 2011: ? = 218.8%

?= 218.8/38.8 x $0.50

?=5.6392 x 0.50

=$2.81896

=$2.82

4 0
3 years ago
Monica recently got a promotion to a management role with greater scope and responsibility. She wants to be as effective as poss
SashulF [63]

Answer:

C) Reflecting on the effects of her past actions to evaluate how they affected herself and others

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

In this scenario, Monica recently got a promotion to a management role with greater scope and responsibility. She wants to be as effective as possible in her new job. Thus, what could help her improve her ability to manage her new subordinates is reflecting on the effects of her past actions to evaluate how they affected herself and others.

Generally, having a reflection on past decisions and actions would help anyone in a leadership position to assess or evaluate how they have affected their organization, subordinates and themselves either positively or negatively.

8 0
3 years ago
A patent is an exclusive right to produce and sell a product for how long
kozerog [31]

20 years

I just took the test

6 0
3 years ago
Read 2 more answers
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