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3 years ago

Assume that effective forecasting requires a combination of technique, system support, and administration.

Business

1 answer:

Sidana [21]3 years ago

6 0

Answer:

Explanation:

The initiatives that must be taken into account to make an effective and accurate forecast are the following:

1. To have information about all the sales that have been made in the company. With this data you can analyze how often a certain product moves.

2. An updated inventory must be available, since it will be ready to work.

3. The order in which the products are arriving, is another aspect to take into account, since they can be used to replenish the stock.

4. To Keep the merchandise on time. It is useful for calculating the forecast.

5. To generate the forecasts, a forecast of the sales area in the commercial area must be maintained and allows the customer to maintain first-line contact.

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Select the true statement about the impact of automation on employment. a.) Automated processes have no effect on the number of

avanturin [10]

Answer:

b.) While some job loss may occur as a result of automation, the potential for job creation exists

Explanation:

Automation is the process by which a the production process that is usually managed by people becomes mechanised.

The control and monitoring functions that people usually do is now transferred to automatic devices.

While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.

Employees can acquire the required skill to operate the machines that are now used in the production process.

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2 years ago

Match each term with the correct definition.

JulijaS [17]

Answer:

1. Economics - The social science concerned with how individuals, institutions, and society make optimal (best) choices under conditions of scarcity.

2. Opportunity cost - The next-best thing that must be forgone in order to produce one more unit of a given product.

3. Marginal analysis - Making choices based on comparing marginal benefits with marginal costs.

4. Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.

6 0

2 years ago

Explain the role audit committee plays in the company

jeka94

Answer:

The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.

Hope this helps.☝

7 0

2 years ago

Becca and Bob own a car rental business. Becca contributes 75 percent of the capital but does only 20 percent of the work, while

ale4655 [162]

Answer: Limited liabilities and partnerships

Explanation:

Limited liabilities mean that the partners within the firm are only liable to pay off their debts with the amount they had invested as capital in the company. Partnership is an agreement between certain number of partners to share the profit and loss of the company. In this case since there is a 50/50 allocation of profits and there are only 2 partners therefore, this is a limited liability partnership.

4 0

2 years ago

20 points, 1 question , some reading

kow [346]

my insta dfl.jacob i can help you

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3 years ago