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labwork [276]
3 years ago
14

A prescriptive data analytic type such as an analysis of strategic cost management would answer which of the following questions

?
a. What do I need to do?
b. What is happening?
c What is likely to happen?
d. Why is it happening?
Business
2 answers:
Akimi4 [234]3 years ago
8 0

Answer:

<h2>a. What do I need to do? </h2><h2 />

Explanation:

A prescriptive data analytic type such as an analysis of strategic cost management would answer which of the following questions?

a. What do I need to do?

hope it is helpful to you

wish you a good luck

Paladinen [302]3 years ago
5 0

Answer:

a. What do I need to do?

Explanation:

Prescriptive analytics can be defined as a type of data analysis model which typically comprises of descriptive data and forecasting techniques used for identifying the decisions that are most likely to yield an optimum or best performance.

This ultimately implies that, prescriptive analytics is a data analysis model that uses optimization techniques to identify and suggest decisions with the most effective and efficient results.

For example, prescribing an automobile car that is capable of finding the best route for a road trip.

In this context, a prescriptive data analytic type such as an analysis of strategic cost management would answer a question on "What do I need to do?"

If you intend investing an amount of money on a new business that you possibly do not have so much information on how its operations and market value, you could use a prescriptive data analysis to gain an insight into what you're required to do or actions you're expected to carry out in order to succeed.

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When contemplating a product deletion, a firm studies customer migration patterns to determine: the profit contribution of the p
pentagon [3]

Answer: whether customers of the product would switch to other substitute products marketed by the same firm.

Explanation:

Customers regular move from one good to another or from one good to it's substitutes in a process called Customer Migration.

There are various reasons for this such as affordability, change in technology, trends and the like.

When a company contemplates ending a product line and decides to study customer migration patterns, they are checking to see what the customer will switch to when the product is deleted. If they make substitutes to the product to be deleted, they will be checking to see if the customers will switch to these substitutes if the product line is ended.

4 0
3 years ago
With so much information and moving parts within a company, technology has made it possible for employers to monitor many aspect
Luba_88 [7]

Answer:

<em>Workplace MIS monitoring</em>

Explanation:

Employee monitoring <em>is the act of using different workplace tracking  techniques to collect data about personnel members ' practices and positions. </em>

In order to enhance efficiency and safeguard company assets,  companies track their staff. First of all, the primary purpose is to avoid  inexcusable conduct and, if the attempt fails, to reduce the conduct before  it could have an adverse impact on the company.

4 0
4 years ago
A journal designed for entering only sales on account is called the
grandymaker [24]
The answer to the question stated above is letter c. <span>sales journal.
</span>
Sales journals<span> are used for recording sales of merchandise on account, it is sometimes termed as credit sales.
 Cash sales are </span>not recorded on <span>Sales journal  because </span><span>they belong in the </span>cash receipts journal.
6 0
3 years ago
The company employs a single employee who works all five weekdays and is paid for the workweek on the following Monday. The empl
irakobra [83]

The necessary journal entry is 4000$.

The journal entry is a document of a commercial enterprise transaction for your commercial enterprise books. In double-access bookkeeping, you make a minimum magazine entry for every transaction. because a transaction can create plenty of modifications in an enterprise, a bookkeeper tracks them all with magazine entries.

An instance of a journal entry includes the acquisition of machinery by u.s . where the machinery account may be debited, and the cash account may be credited. There are three primary forms of a journal entry: compound, adjusting, and reversing.

Journal entry layout is the usual format used in bookkeeping to keep a file of all of the agency's commercial enterprise transactions and is especially based totally on the double-entry bookkeeping device of accounting and ensures that the debit aspect and credit score facet are always equal.

Learn more about journal entries here: brainly.com/question/24696035

#SPJ4

7 0
2 years ago
Materials used by the Instrument Division of Ziegler Inc. are currently purchased from outside suppliers at a cost of $1,350 per
ehidna [41]

Answer:

the increase in the total operating income is $33,750,000

Explanation:

The calculation of the increase in the total operating income is given below:

= Material units × (outside supplier unit - variable cost per unit)

=75,000 units × ($1,350 - $900)

= $33,750,000

Hence, the increase in the total operating income is $33,750,000

We simply applied the above formula so that the correct amount could come

And, the same is relevant

5 0
3 years ago
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