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german
4 years ago
13

How to test hypotheses and compare results for the purpose of forecasting and making better strategic business decisions.

Business
1 answer:
Neporo4naja [7]4 years ago
6 0

Answer:

The proper answer is explained below.

Explanation:

To begin with, the statiscal hypothesis testing is considered to be a method of statistical inference in where the purpose is on the basis of observed data modeled as the realised values taken by a collection of random variables. This method is used by the companies in order to facilitate the decision making process so that the managers have more quality info closer to the hand when it comes to making a hard and important decision.

So to complete the process of testing hypotheses and comparing the results so that the forecasting is better then the managers will have to use this method and other ones and also to use programs and special systems so that the proper contrasting will take place according with the situation and all.

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When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the ________ g
Rom4ik [11]

When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the <u>C. Logic</u> guideline for effective communication.

A Stakeholder may be a wide variety of people impacted or invested in the task. As an example, a stakeholder can be the owner or even the shareholder. However, stakeholders can also be employees, bondholders, customers, providers, and companies. A shareholder can be a stakeholder.

The easy way to remember these 4 categories of stakeholders is by using the acronym UPIG: customers, providers, influencers, governance.

Stakeholders encompass all individuals or companies who have a vested interest in the performance of the business. It is vital that firms build healthful and balanced relationships with their stakeholders, as their stage of authenticity is determined by how properly they meet their stakeholders' needs.

Your question is incomplete. Please read below for the missing content.

When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the ________ guideline for effective communication.

a. tact

b. specificity

c. logic

d. relevance

Learn more about Stakeholders here brainly.com/question/4404879

#SPJ4

7 0
2 years ago
The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finish
leonid [27]

Answer:

the  cost of units transferred to the finished goods is $89,500

Explanation:

The computation of the cost of units transferred to the finished goods is shown below:

Cost of units transferred to finished goods

= Beginning WIP + Direct materials+ Direct labour + Applied overheads-Ending WIP

= $5,200 + $47,800 + $30,300 + $16,500 - $10,300

= $89,500

Hence, the  cost of units transferred to the finished goods is $89,500

8 0
3 years ago
A major characteristic of a compressed workweek is that:
sineoko [7]
A major characteristic of a compressed workweek is that employees work within fewer number of days while still maintaining the same number of working hours. For example, a 5-day workweek with 8 hours of work can be compressed into 4 days with each day having 10 working hours. In this way, there will be an additional non-working day for the employees. 
5 0
3 years ago
Read 2 more answers
U.S. exports create a:____.
alisha [4.7K]

Answer:

B) Supply of foreign currencies and a supply of dollars in the foreign exchange markets

Explanation: just search it up they don't demand for foreign currencies they supply of foreign currencies

5 0
3 years ago
Write a two- to three-paragraph response discussing whether you think the patent system is useful and beneficial. Why do you thi
mihalych1998 [28]

Answer:

The answer is below

Explanation:

Patent is a term that describes a governmental grant or legal right to inventors of an intellectual property, to refrain or stop others from making, using, selling or importing their invention to and from other country.

Patent system is useful and beneficial because of the following reasons:

1. It allows an inventor the right to stop others from copying, manufacturing, selling or importing individual's invention without the person's permission. This will surely encourage invention from other people, which will lead to more technological advancement in the country.

2. It gives an inventor protection for a pre-determined period. This helps to refrain competitors from competing with the inventor, and in turn, leads to profit maximization for the inventor.

3. It also allows the inventor to license patent for others to use it or can sell. This can be considered as a great source of revenue for inventor's business, by collecting royalties from a patent they have licensed, often in a combination with a registered design and trade mark.

7 0
3 years ago
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