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Brums [2.3K]
3 years ago
6

Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he avoids being inund

ated with information by selecting only the few reports that actually serve his purpose. Which principle of data characterization is Robert following?
Business
2 answers:
Marrrta [24]3 years ago
8 0

Answer:

A) Information should be just barely sufficient for its purpose.

Explanation:

When companies possess large databases with unorganized and purposeless data, that information is useless.

In this case, Roberto is facing a similar problem because he receives a lot of data (countless reports on a daily basis) but most of it is useless since it doesn't serve his purpose. That is why he filters the reports to eliminate the useless ones (which are a majority) and only pays attention to those that can be useful to him.

Trava [24]3 years ago
6 0

Answer:

The correct answer is: Information should be just barely sufficient for its purpose.

Explanation:

Data characterization refers to the general characteristics of objects in a target class, and produces what are called characteristic rules. The relevant data for a class specified by the user is normally retrieved through a database query and executed through a summary module to extract the essence of the data at different levels of abstractions. For example, one may want to characterize OurVideoStore customers who regularly rent more than 30 movies a year. With conceptual hierarchies in the attributes that describe the target class, the attribute-oriented induction method can be used, for example, to perform the data summary. Note that with a data cube that contains a data summary, simple OLAP operations fit the purpose of data characterization.

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A group of business entrepreneurs who worried about their teenage children drinking and driving decided there must be some way t
marissa [1.9K]

Answer: A) Prototype

Explanation:

The first model shown to entrepenuers are called prototypes

proto- before

7 0
3 years ago
approximates the dollar cost of producing x units of a product. The manu- facturer believes it cannot make a profit when the mar
anyanavicka [17]

The question is incomplete. The complete question is :

A manufacturer believes that the cost function : $C(x) =\frac{5}{2}x^2+120 x+560$  approximates the dollar cost of producing x units of a product. The manu- facturer believes it cannot make a profit when the marginal cost goes beyond $210. What is the most units the manufacturer can produce and still make a profit? What is the total cost at this level of production?

Solution :

Given the cost function is :

$C(x) =\frac{5}{2}x^2+120 x+560$  

Now, Marginal cost = $\frac{d}{dx}C(x)$

So, if the marginal cost = $ 210, then the manufacturer also makes a profit and if it goes beyond $ 210 than the manufacturer cannot make a profit.

Therefore, we have to equate : $\frac{d}{dx}C(x)= \$ 210$

$\frac{d}{dx}C(x)= \frac{5}{2}(2x)+120 = 210$

$5x + 120 = 210$

$5x=210-120$

$5x=90$

$x=45$

So when x = 45, then C(x) = $ 8042.5

Therefore, the manufacturer $\text{can make up}$ to 45 units and $\text{still makes a profit.}$ This leads to a total cost of $ 8042.5

3 0
3 years ago
Why does emotional hijacking occur? a. People are hard-wired to feel emotions about a situation before they reason it out. b. Pe
sdas [7]

Answer:

a. People are hard-wired to feel emotions about a situation before they reason it out.

Explanation:

Emotional hijacking occurs when our brain's emotional processor (amygdala) bypasses our normal reasoning process.

This occurrence in terms of an emergency is a self-defence mechanism when it is necessary to act in the face of perceived danger.

Emotional hijacking occurs when there is a compulsive need to complete and action. For example answering an email, answering the phone.

It is possible to control emotional hijacking through emtional intelligence.

8 0
3 years ago
Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of t
NeX [460]

Answer: True

Explanation:

Under Agency Law in relation to employment, the salesperson is acting as an agent of the owner of the store and as such is their representative. As their representative, it is assumed that whatever they are selling is from the Owner whom they represent and as such can be binding on the owner.

This is why the Agent must act in the best interest of the owner because the owner could be held negligent for the actions of their agents. For instance, a salesperson will not be sued for a faulty equipment that caused harm but the store can.

4 0
3 years ago
CVP analysis, shoe stores.The HighStep Shoe Company operates a chain of shoe stores that sell 10 different styles of inexpensive
Lilit [14]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

UNIT VARIABLE DATA:

Selling price $60

Cost of shoes 37

Sales commission 3

Total Variable cost per unit 40

ANNUAL FIXED COSTS

Rent $30,000

Salaries 100,000

Advertising 40,000

Other fixed costs 10,000

TOTAL FIXED COSTS $180,000

1) Break-even point (units)= fixed costs/ contribution margin

Break-even point (units)= 180,000/ (60 - 40)= 9,000 pair of shoes

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 180,000 / (20/60)= $540,000

2) Q= 8,000

Income= quantity* contribution margin - fixed costs

Income= 8000*20 - 180,000= $-20,000

3) Variable costs= $37

Fixed costs= 180,000 + 15,500= $195,500

Break-even point (units)= 195,500 / (60 - 37)= 8,500 pair of shoes

Break-even point (dollars)= 195,500 / (23/60)= $510,000

4) Comission= $2

Variable costs= 42

Break-even point (units)= 180,000 / (60 - 42)= 10,000 pair of shoes

Break-even point (dollars)= 180,000 / (18/60)= $600,000

5) comission= $2 post 9,000 pair of shoes

Income= 9,000*20 + 3,000*18 - 180,0000= $54,000

5 0
3 years ago
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