1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RideAnS [48]
3 years ago
11

What is meant by requirements gathering, and why is it important to clearly define the data requirements of a database before cr

eating it?
Business
1 answer:
AnnZ [28]3 years ago
3 0

Answer:

The purpose of requirements management is to ensure that the project meets the expectations of its customers and its stakeholders, both external and internal, being the process that guarantees the link between what customers and users expect, and what teams of project have to develop.

Explanation:

The process of gathering requirements consists in documenting the quantified and documented needs, desires and expectations of the interested parties to convert them into project requirements.

The importance lies in the fact that once the valid requirements of the Project have been collected, the Project Director converts them into specifications, in works that must be carried out to implement those requirements. On them will depend the decision making for the execution of the project.

You might be interested in
scott is the chief human resource officer (CHRO) of MarkIt Inc.. In performing the tasks of aligning the HR activities with the
Crank

Answer:

leader of the HR function

Explanation:

HRM stands for Human Resource Management. It is a department in any business organization which looks after hiring, training and managing the employees of the organization.

It also deals with the issues of the employees that they face in the organization.

In the context, Scott who is the CHRO, i.e. the chief human resource officer of the organization named Marklt Inc. performs the tasks of the management and alignment of all the HR activities that is with the need of the business. In such a way, Scott is performing the role of the leader of the HR function.  

As a leader of the HR, Scott is ensuring that Marklt Inc. has the right people in the organization working to their best.

5 0
3 years ago
In your own words.<br><br> Why is it important to the business to motivate employees?..
Alexeev081 [22]

This is mainly opinionated, and since I'm young I may be wrong.

I say it's good to motivate them because then they will do a better job at their task and will make you seem like a good boss/person, especially if it's a decent pay that will keep them being able to live. With the motivation, they might even remember more things (Such as: If you work at a gas station, you remember to upsell people when a deal is going on, whereas unmotivated people forget or just don't want to do it and be lazy). It's the same effect of giving a kid a piece of candy for being good, doing chores, or getting a harder question right.

6 0
3 years ago
On July 1, Raney Corporation purchases 690 shares of its $4 par value common stock for the treasury at a cash price of $9 per sh
-BARSIC- [3]

Answer:

Date      Particular                                       Dr.        Cr.

Jul-1       Treasury stock                          $6,210

             Cash                                                         $6,210

Sep-1     Cash                                          $4,840

             Treasury stock                                         $3,960

             Paid-in capital - Treasury stock              $880

Explanation:

Treasury stocks are the company's own shares which is repurchased by the company. It is recorded in treasury shares account which is an contra equity account. I can be reissued or cancelled by the company.

Purchase of Treasury Stock

Treasury Stock = 690 x $9 = $6,210

Sales of Treasury Stock

Cash Receipt = 440 x $11 = $3,300

Treasury Stock = 440 x $9 = $3,960

Paid-in capital - Treasury stock = 440 x $2 = $880

5 0
3 years ago
The net cash flows of Advantage Leasing for the next 3 years are $42,000, $49,000 and $64,000 respectively, after which the grow
liberstina [14]

Answer:

$863,689.50

Explanation:

The computation of the present value of the terminal value is shown below:

The terminal value at the end of the third year is

=  Third year Cash flows × (1 + growth rate) ÷ (required rate of return - growth rate)

= $64,000 × (1 + 2%) ÷ (8% - 2%)

= $1,088,000

Now its present value is

= terminal value at the end of the third year ÷ (1 + rate of interest)^number of years

= $1,088,000 ÷ (1 + 8%)^3

= $863,689.50

This is the answer but the same is not provided in the given options

3 0
3 years ago
It costs Sunland Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit.
Triss [41]

Answer:

Effect on income= $4,400 increase

Explanation:

Because it is a special order and there is unused capacity, we will not take into account the fixed costs.

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= number of units*unitary contribution margin

Effect on income= 4,400 (21 - 18 - 2)

Effect on income= $4,400 increase

4 0
3 years ago
Other questions:
  • Michael is the new department head at his company. he expects everyone to agree with his restructuring plan for the department,
    10·1 answer
  • Which of the following refers to a cluster of decisions concerning what organizational goals to pursue, what actions to take, an
    6·1 answer
  • "Firms in the monopolistically competitive movie industry face excess capacity. This means that there are ________ movies than t
    9·1 answer
  • Susan’s customers are always concerned about what they are receiving in exchange for what they are paying. They are concerned ab
    7·1 answer
  • . What type of company would you like to create? Why would you like to create this type of company?
    11·1 answer
  • Cheryl is single, has one child (age six), and files as head of household during 2020. Her salary for the year is $19,500. She q
    6·1 answer
  • 10 points Item Skipped eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 7 Assume Organic Ice Cream Compa
    7·1 answer
  • Agency costs faced by MNCs may be larger than those faced by purely domestic firms because: a.monitoring of managers located in
    12·1 answer
  • You are researching a stock currently priced at $35 per share. Call options are currently priced at $3.00, and puts are priced a
    15·1 answer
  • Expressway lane markings are of a different design and meaning as on other roadways. a) true b) false
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!