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3 years ago

Which of the following statements is CORRECT?

Business

1 answer:

bogdanovich [222]3 years ago

4 0

Answer:

B) The first, and perhaps the most critical, step in forecasting financial requirements is to forecast future sales

Explanation:

Forecasting can be regarded as initial step in process of financial planning.

It should be noted that The first, and perhaps the most critical, step in forecasting financial requirements is to forecast future sales

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It is a business venture by two or more people

BlackZzzverrR [31]

Answer:

A joint venture (JV) is not a partnership. That term is reserved for a single business entity that is formed by two or more people. Joint ventures join two or more different entities into a new one, which may or may not be a partnership.

Hope it helps

7 0

2 years ago

g Marginal revenue product (MRP) of labor refers to the: A. amount by which a firm's total resource cost increases when it emplo

UNO [17]

Answer:

Explanation:

Marginal revenue product (MRP) is the change in total revenue when one more unit of a resource is employed.

For example :

Units of labour Revenue

1 100

2 200

The MRP of employing 2 units of labour = (200 - 100) / (2 -1) = 100

7 0

3 years ago

Groupware provides computer-mediated communication systems, allowing different viewpoints and ideas to be compared and discussed

melomori [17]

Answer: True

Explanation:

Groupware is a set of programs that makes it possible for people to work together on a common course even though they are at different locations from each other. In this way, they can work together remotely.

Computer programs that makes work collaboration to be possible real time are known as synchronous groupware.

Groupware provides computer-mediated communication systems, allowing different viewpoints and ideas to be compared and discussed in real time.

6 0

3 years ago

Beate Klingenberg manages a Poughkeepsie, New York, movie theater complex called Cinema 8. Each of the eight auditoriums plays

hichkok12 [17]

Answer:

A) 1.79

b) 71%

c) 0.75 minutes

d) 0.537 minutes

e) 0.343, 0.240 , 0.1681

Explanation:

L = average number of customers in the system ( 200 / 80 ) = 2.5

a = poission distribution per hour = 200

b = service rate of cashier = 280

A) average number of moviegoers waiting in line to purchase ticket

Lq = L - $\frac{a}{b}$ = 2.5 - (200/280) = 2.5 - 0.71 = 1.79

B) percentage of cashier been busy

p = a/b = 0.71 = 71%

C) average time spent by a customer in the system

w = L / a = 2.5 / 200 = 0.0125 hours = 0.75 minutes

D) average time spent waiting in line to get to the ticket window ?

W2 = Lq / a = 1.79 / 200 = 0.00895 hours = 0.537 minutes

E) probabilities of people in the system

i) more than two people

p ( x ≥ 2 ) = 1 - ( p0 + p1 + p2 ) = 1 - 0.657 = 0.343

more than three people

ii) p ( x ≥ 3 ) = 1 - (p0 + p1 + p2 + p3 ) = 1 - 0.7599 = 0.240

iii) more than four people

p ( x ≥ 4 ) = 1 - ( p0 - p1 + p2 + p3 + p4 ) = 1 - 0.8319 = 0.1681

3 0

3 years ago

The kind of money used by a group or nation.

kotegsom [21]

The kind of money used by a group or nation is usually considered currency. Currency can be denominated in paper or coin money, but most currency today exists in bank balances throughout the world in non-physical (exists only on a computer or in a bank ledger) rather than in its physical form.

5 0

3 years ago

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