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givi [52]
3 years ago
10

Major retail firms such as Walmart have used data mining to customize the product offerings for each store.

Business
2 answers:
Monica [59]3 years ago
8 0
Data mining is turning raw data into useful info so its false
Gwar [14]3 years ago
3 0
Answer
False
Explanation
Data mining is the process of turning raw data into useful information
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In the components of a business plan, what section contains a detailed description of the company, the problem/opportunity, prop
dimaraw [331]

In the components of a business plan, the section which contains a detailed description of the company, the problem/opportunity, proposed solution to be offered, and your competitive advantage is "Financial Projections section"

<h3>What is Financial Projections?</h3>

Financial predictions forecast your company's future revenues and expenses using existing and estimated financial data.

They frequently contain many scenarios so you may see how adjustments to one part of your finances (for example, increased sales or reduced operational expenses) may affect your profitability.

Financial predictions are an important tool for business planning for a variety of reasons.

  • Financial predictions assist you in setting your beginning budget, determine when you may anticipate the business to be become profitable, or set benchmarks for meeting financial goals if you're starting a business.
  • If you currently have a firm, making annual financial projections can assist you in setting goals and keep on target.
  • Both startups and current firms will require financial estimates when seeking outside finance to convince investors and lenders of the business's development potential.

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5 0
2 years ago
The________________ view of corporate social responsibility is that business should focus on making valuable contributions to so
m_a_m_a [10]

The socioeconomic view of corporate social accountability is that commercial enterprise have to center of attention on making precious contributions to society, now not just making profits.

<h3>What is the financial model of social responsibility?</h3>

The socio-economic model of social duty demonstrates that a enterprise not only focus or listen upon what form of income it is making or how will it make extra income in the future but additionally seem to be after the effect that it is inflicting on society from time to time.

<h3>Why is company social accountability necessary to business?</h3>

Embracing CSR will increase client retention and loyalty, increases employee engagement, improves manufacturer imaging, attracts funding opportunities and pinnacle talent, and makes a difference for bottom-line financials.

Learn more about corporate social responsibilities here:

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5 0
1 year ago
On June 7, Pixer Co. sells $1500 of merchandise to Jasmine Co. on account. Jasmine Co. pays for this merchandise on June 21. a.
Musya8 [376]

Answer:

a.

Debit Accounts Receivable $1,500

Credit Sales $1,500

b.

Debit Cash $1,500

Credit Accounts Receivable $1,500

Explanation:

On June 7, Pixer Co. sells $1500 of merchandise to Jasmine Co. on account.

Pixer's books records the sale by the entry:

Debit Accounts Receivable $1,500

Credit Sales $1,500

On June 21, Jasmine Co. pays for this merchandise. Pixer's books records the receipt of payment by the entry:

Debit Cash $1,500

Credit Accounts Receivable $1,500

7 0
2 years ago
For each of the situations​ listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that i
DaniilM [7]

Answer:

1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.

  • Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.

2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.

  • Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.

3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.

  • Integrity: you must abstain from performing illegal activities, and bribery is illegal.

4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.

  • Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.
4 0
3 years ago
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