Crowdsourcing tools and question-and-answer sites like Quora allow firms to reach out for expertise beyond their organizations.
<h3>What are crowdsourcing tools?</h3>
The term crowdsourcing is known to be the act of changing or turning to a body of people to get the needed knowledge, as well as goods or services.
Its types includes;
- Crowd Voting
- Crowd Funding
Therefore, Crowdsourcing tools and question-and-answer sites like Quora allow firms to reach out for expertise beyond their organizations.
learn more about Crowdsourcing from
brainly.com/question/14490967
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Answer:
(A). Ajax Inc. is most likely to have a RFM of 155.
Explanation:
RFM (Recency, Frequency, Monetary) analysis shows how well customers patronize a business by ranking them based on each of recency, frequency and monetary value, on a scale of 1 to 5, with 5 as the highest and 1 as the lowest.
Ajax Inc. has not ordered in a while, so it most likely has a recency score (R) of 1.
Since they ordered frequently in the past, frequency score (F) is 5.
Since orders were of the highest monetary value, (M = 5).
Therefore Ajax Inc. has a RFM of 155.
Answer: True
Explanation:
It is always best to pay off more than the minimum balance on a credit card as you would get to save on interest and you would be able to pay off the credit card faster.
The balance on the credit card includes the amount owed as well as an interest component that is based on the amount owed. Paying off more than the minimum payment will reduce the amount owed which would also reduce the interest you pay because the interest would now be based on a lower amount.
Answer:
4.20 and normal good
Explanation:
The computation of the income elasticity of demand is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in income ÷ average of quantity income)
where,
Change in income would be
= Q2 - Q1
= 109,500 - 102,300
= 7,200
And, average of income would be
= (109,500 + 102,300) ÷ 2
= 105,900
Change in quantity demanded would be
= 4 - 3
= 1
And, average of quantity demanded would be
= ($4 + 3) ÷ 2
= 3.5
So, after solving this, the income elasticity of demand is 4.20
Since the elasticity comes in positive which means the good is a normal goods
Answer:
C. $75,000
Explanation:
All the current assets which can be quickly converted into cash are the quick assets. Inventory and Prepaid Insurance are not the p[art of this because these take much longer time to convert into cash than other current assets. Receivable has more liquidity than inventory because it takes less time to recover.
Cash $25,000
Short-Term Investments $10,000
Accounts Receivable <u>$40,000</u>
Total Quick Assets <u>$75,000</u>