By challenging your predictions of the future and basing your plans and actions on the outcomes that are most likely to occur, you may increase the likelihood that your choices will be sound even if the situation changes.
Case Study Analysis
By testing your future assumptions, scenario analysis can assist you in planning your business strategy or in making smarter judgments.
You can identify potential hazards and make plans for how to address or lessen their effects by investigating a variety of alternative scenarios.
Follow these five steps to use the tool:
Describe the problem.
assemble data.
Distinguish certainty from uncertainty.
Construct situations.
Make use of the scenarios when planning.
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It is correct to say that the Panamericana is a system of roads and paths that extends from the border of the United States and Mexico to the Chilean Patagonia.
<h3 /><h3>How important is the highway?</h3>
Panamericana is an essential route for the transport of agricultural products and a variety of goods between countries, with a length of 19,000 miles.
Therefore, the Pan-American highway is essential as the longest road system in the world according to Guinness World Records, being essential to connect countries on the American continent.
The correct answer is:
Find out more information about La Panamericana here:
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An increase in government spending of $300 billion and a tax cut of $300
billion will have equal effects on the budget balance and unequal effects on
real Gross Domestic Product (GDP). Expansionary will be the effect of a
government deficit.
Answer:
The accounting profits are $100, and the economic profits are $25
The option C. is correct
Explanation:
Accounting profit: The accounting profit is computed by subtracting the sales amount with the expenses.
In mathematically,
Accounting profit = Sales revenue - expenses
= $150 - $50
= $100
In this, the expense is the seeds cost
And, the economic profit is calculated by subtracting the accounting profit with the implicit cost
In mathematically,
Economic profit = Accounting profit - implicit cost
= $100 - $75
= $25
The implicit cost is computed by
= Per hour piano charges × number of hours
= $15 × 5
= $75
Hence, the accounting profits are $100, and the economic profits are $25
Answer: Job description
Explanation:
The thing that will mostly be helpful to Jeremy is a job description. In that way, Jeremy can compare job description with the qualifications of the recruited person and he will be able to see if he is ready to take that job and do everything that data analyst will be obliged to do.
Data analyst job is considering cleaning, transforming and more, of modeling data. A recruited person must be able to discover useful information and inform others about it.