Answer:
business intellingence (BI) and business analytics (BA)
Explanation:
Business intelligence is aetgof that is focused on the present profitability of the business. It uses past data to better improve current processes aimed at meeting the firm's present needs.
Business analytics on the other hand is the use of past data to predict future action that will best enable a firm meet its business objectives.
Therefore business intelligence and business analytics involves integrating the information streams produced by a firm into a single, coherent enterprise-wide set of data, and then using modeling, statistical analysis tools, and data mining tools to make sense out of all these data so that managers can make better decisions and better plans.
Answer:
the number of equivalent units for the production is 13,500 units
Explanation:
The computation of the number of equivalent units for the production is shown below:
Units completed and transferred is 10,000 units
Add Ending work in the process [7,000 × 0.50] 3,500 units
Total equivalent units 13,500 units
Hence, the number of equivalent units for the production is 13,500 units
The same is relevant
Answer:
The Business Auto Coverage Form does not cover automatic coverage for physical damage to trailers.
The correct answer is C
Explanation:
Trailers used for business purposes may be covered by physical damage coverage but they are not covered by automatic coverage.
There are three ways to cope up with the problem of scarcity:
a. Economic growth.
b. Improvement of use of available resources.
c. Reduction of wants.
Explanation: Economic growth mean the ability if an economy to produces products and services. Using the products wisely can improve the usage and helps in saving the resources. Society can improve the use their existing or available resources in order to reduce the scarcity by: Efficiency in productivity, efficient allocation of resources, full employment with minimum wastage and equity.
Answer:
Source processes
Explanation:
The SCOR model looks at a firm´s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as being structured around five core management processes including <u>Source processes</u> which are processes that procure goods and services to meet planned or actual demand.
Supply chain operations reference (SCOR): It is a strategic planning tool that helps in identifying, improving and communicating supply chain management decisions within the company. It is a continuous improvement process and establishing a benchmark for the industry. It also works to develop a business process for satisfying customer´s demand. SCOR is based on five management process:
- Plan
- Sources.
- Make.
- Deliver.
- Return.
Source process: This process of supply chain management is defined as steps to procure goods and services to meet the requirement for infrastructural arrangements.
