It is true that business analytics is defined as the analysis of data to better solve business problems.
<h3>What is business analytics?</h3>
Business Analytics is the process whereby businesses use statistical methods and technologies for analyzing data to aid decision making.
The goal of business analytics are:
- To determine which datasets are useful and how they can be leveraged to solve problems.
- To increase efficiency, productivity and revenue.
Therefore, business analytics is defined as the analysis of data to better solve business problems.
Learn more about business analytics here: brainly.com/question/8302926
Answer:
15,000 units
Explanation:
Calculation for the equivalent units of production using the weighted average method
Using this formula
Equivalent units of production=
Units completed+Ending work in process inventory
Let plug in the formula
Equivalent units of production=10,000+(10,000×50%)
Equivalent units of production=10,000+5,000
Equivalent units of production=15,000 units
Therefore the equivalent units of production will be 15,000 units
Answer:
<u>a. It can be a source of competitive advantage.</u>
<u>Explanation:</u>
<em>Remember</em>, a diverse workplace is one where you find a diverse range of individuals from different cultures, gender, race, age, sexuality, language, educational background, etc all working together to achieve the goals of the organization.
By having this diversity in the workplace an organization can rightly tap into the wealth of experience of its staff in understanding how to better position their products or services into the market.
Answer:
increase
Explanation:
Break-even calculation is use to determine the minimum number of units a company needs to sell in order to cover the fixed costs. The formula for break-even point is as follows;
Break- even = Fixed cost/ (Selling price - Variable cost)
If you increase variable cost (VC) while keeping the selling price and fixed cost constant, the denominator amount will be smaller making the break- even point to increase.
