If jack does not accept the $100,000 there is a valid contract for the sales business, with out a non competition clause.
Answer:
The data-mining technique that creates a report or visual representation is summarization.
Explanation:
The business world has changed drastically over the years in terms of marketing and service delivery because of growth in technology. The use of machines and internet has caused a greater need for access and analysis of information in such a way that can make a business thrive in the market. This means that most businesses have to look into better data-mining techniques that can assist them in the competitive business environment.
The different data mining techniques include; association-rule learning, classification, summarization and regression. They are explained further as follows:
1. Association-rule learning: this is a machine learning technique that discovers a relationship between large databases using the concept of strong rules.
2. Classification: this technique finds similarities in features of two or more data sets and groups them into the same category.
3. Regression: this is a predictive technique that is used to identify and analyse the likelihood of a specific variable.
4. Summarization: this technique takes the results from the data and puts it in a way that it is short and understandable by most people. It usually involves the use of tables and other data summarization software like Excel sheets to represent the data in a way that conclusions can easily be drawn. Data summarization is important especially in the digital world where large amounts of data are available for analysis and transfer. This technique helps in breaking down huge data into short comprehensible reports that can easily be used for quick decision making.
Answer: A positive externality, negative externality and asymmetric information
Explanation:
A market failure is one of the type of economical situation in which the the various types of products and the services are distributions in an inefficient manner.
A positive externality, negative externality and an asymmetric information are the market failure that the government wants to change by the process of intervention
Externality is one of the type of advantage or cost that basically affect the third party in the economics so the free market under consuming the various types of products. Therefore, the given answer is correct.
Answer:
The resulting rise in unemployment is mostly a rise in __cyclical____ unemployment because it is related to the state of the economy.
Explanation:
Frictional unemployment occurs as a result of workers' search for or transition to new jobs. It is brief and does not leave a mark on the economy. Structural unemployment comes about when the skills of workers do not match the requirements of employers. Therefore, workers require retraining and reskilling. Cyclical unemployment relates to the macro-economic situation that is prevailing during periods of recession.
Answer: (D) Suppliers
Explanation:
According to the given question, the organization using the various types of internal sources as it helps in developing the various types of new products ideas in the market.
The supplier is one of the common internal source in an organization as it helps the employees for encourage them for developing various types of new ideas and concepts.
The organization basically developing various types of new ideas by the formal research process and also through the development. Therefore, Option (D) is correct answer.
