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Phantasy [73]
3 years ago
14

Why is it important to look at external sources of information when exploring product and service information?

Business
2 answers:
baherus [9]3 years ago
6 0

They help you find unbiased information about the product’s actual performance.

postnew [5]3 years ago
4 0

Answer:

B. They help you find unbiased information about the product’s actual performance.

Explanation:

Since the beginning of humanity, humans have been collecting and interpreting information to organize themselves into space and everyday actions. Planning, pondering and guiding are part of the routine.

Product evaluation systems are for the market as navigation systems are for transportation. In this sense, the compass is a good example. Prior to the use of this instrument, which identifies the north according to the earth's magnetic poles, traveling the seas was a great mystery that often ended in disaster.

External evaluations work in much the same way. They help managers identify the strengths and weaknesses of different areas of production and performance, allowing them to see where they are and where they want to go. Which brings us to a second point to consider when talking about evaluations: the context.

This is because it is not enough just to collect information from a compass: we have to have a map to interpret what this data means. The compass is, yes, fundamental, but suffers interference from local geographical conditions, for example.

It is only through good and extensive data analysis that good examples can be studied and product performances adapted to contexts.

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A business cycle reflects changes in economic activity, particularly real gdp. the stages of a business cycle are?
Lostsunrise [7]

The business cycle goes through four major phases: expansion, peak, contraction, and trough.

A business is an activity that makes a living or makes money by manufacturing or buying and selling products.

Enterprise is defined as an organization or business entity engaged in commercial, industrial, or professional activities. A business can be a commercial or non-commercial organization. The types range from corporations with limited liability to sole proprietorships, corporations and partnerships.

The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home.

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8 0
1 year ago
1.3.2 Quiz: Income and Career
sukhopar [10]

Answer:

a

Explanation:

4 0
3 years ago
1. According to Wallach, what is short-termism, and why is it a problem?
Aleks04 [339]

I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.

<u>Explanation:</u>

According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.

In his words, short-termism is a problem because;

  • "it prevents the CEO from buying really expensive safety equipment"
  • "prevents teachers from spending quality one-on-one time with their students".

So in summary what Wallach is saying is that short-termism prevents futuristic thinking.

6 0
2 years ago
Consider a bond that costs $1,000 and pays an $80 interest payment each year.
Anna007 [38]

Answer:

The interest rate for this bond is 8% per annum.

Explanation:

Given that,

a bond that costs $1,000 and pays an $80 interest each year.

To find the rate of interest, we use the following formula is

I=Prt

Here P = principal= $1,000

I=interest= $80

t=time= 1 year

∴80 = 1000×r×1

\Rightarrow r=\frac{80}{1000}

⇒r = 0.080

⇒r= 8%

The yield for this bond is 8% per annum.

7 0
3 years ago
In considering NBAC’s analytic approach, an otherwise competent person who is acutely ill might be considered at especially high
xxMikexx [17]

Answer:

c. Situational cognitive vulnerability.

Explanation:

Situational cognitive vulnerability -

It is the cognitive vulnerability in the field of cognitive psychology , it is the belief of cognitive bias .

It is the situation that does not allow to exercise the capabilities effectively .

hence , from the question ,

The correct term according to the statement of the question is  - c. Situational cognitive vulnerability.

5 0
3 years ago
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