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navik [9.2K]
4 years ago
13

An online retailer monitors customer complaints through social media. There are seventeen categories associated with these compl

aints and include such categories as poor quality, not as described on-line, price too high and slow delivery. When creating a chart to determine which of these categories represents the most frequent problem, it will be necessary to draw a?

Business
1 answer:
Gnom [1K]4 years ago
5 0

Answer: Pareto Chart

Explanation:

A Pareto Chart is a type of chart that mixes both the line and bar graphs.

It works by putting the Frequency of the complaint categories on the vertical axis and the category on the horizontal axis.

The frequency bars are arranged from the most frequent to the least frequent and then there is a line that shows the cumulative frequencies of the complaint categories.

The benefit of this graph is that one can see the most frequent complaint as soon as they look at the graph which is why it is most useful to this question.

I have attached an example to better explain.

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Which cash flow would you rather pay, $425 today or $500 in two years if interest rates are 10 percent? Why?
DerKrebs [107]

Answer:

Explanation:

The main goal is to compare these two based on the same terms; present values. Find the present value of $500 today by discounting it using 10% interest rate over two years.

PV = FV/ (1+r)^n

where FV = Future value = $500

r = discount rate = 10% or 0.10 as a decimal

n = total duration of investment  = 2

PV = $500/(1+0.10)^2

PV = $500/1.21

PV = $413.22

Since you are basing the decision on what you would rather pay, you would want a lower pay amount. The $425 is already in its present value terms and it is more expensive. Therefore, you would prefer to pay $500 in two years.

7 0
3 years ago
The resource-based view of the firm suggests that the _________of the firm are due to its endowment of strategic resources that
Andrei [34K]

Answer:

competitive advantages

Explanation:

The resource based view is focused on the resources used in the company to produced the products for the company through which it can take a competitive advantage over the competitors and create its own image, reputation, market share in the competitive market

The competitive advantage could be in terms of providing best quality products and services at reasonable prices, innovations in the company products, early delivery of products before the prescribed time, etc

4 0
3 years ago
To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is record
Leto [7]

To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is recorded. The population of documents for this test consists of all receiving reports.

<h3>What are receiving reports?</h3>

Receiving reposts is a kind of tool that is used to list, document or note all the transaction details of the businesses. It is generally updated and maintained by those employees of the staff who are responsible for receiving or accepting the delivery of goods.

Thus, an auditor runs a test to ensure that every item received is recorded in order to evaluate whether accounts payable are complete. The receiving reports are the population of documents for this test.

Learn more about receiving reports here:

brainly.com/question/14802834

#SPJ4

5 0
2 years ago
Your company will need a business plan in order to do what?
natka813 [3]

Answer: AKA B

Explanation: did it on edge 2020

5 0
3 years ago
Read 2 more answers
In December ,General Motors produced 7,200 customized vans at its plant in Detroit. The labor productivity at this plant is know
sweet [91]

Answer:

A) The number of hours per worker during December= 211,76 hours

B) The number of hours per worker during December=141,18 hours

Explanation:

In December, General Motors produced 7,200 customized vans at its plant in Detroit.

The labor productivity at this plant is known to have been 0.10 vans per labor hour during that month

340 laborers were employed at the plant that month.

A)

Considering that each worker produces 0,10 van an hour.

340workers*0,10=34vans per hour

The number of hours per worker during December= 7200vans/34vans= 211,76 hours

B) Labor productivity increases to 0,15 vans per hour per worker.

340workers*0,15= 51vans/hour

The number of hours per worker during December= 7200vans/51= 141,18 hours

4 0
3 years ago
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