Every process that has to do with <em>gathering, storing accessing and analyzing data</em> for a company to make business decisions is referred to as: Business Intelligence.
The business world is faced with many vagaries such as risks and uncertainties. Every business intends to <em>minimize cost and maximize profits</em>. In order to do this, wise and better decisions must be made daily.
For business decisions to be made, <em>predictive views, data mining, process analysis, descriptive analytics, and performance benching</em> are all business intelligence entails.
- Therefore, every process that has to do with <em>gathering, storing accessing and analyzing data</em> for a company to make business decisions is referred to as: Business Intelligence.
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Answer:
(a) 3,250 units
(b) 5,750 units
Explanation:
(a) BEP(units):
= fixed cost ÷ contribution margin per unit
= $52,000 ÷ ($18 - $2)
= 3,250 units
Therefore, the 3,250 units must Warner sell per month to break even.
(b) BEP(units):
= (fixed cost + target profit) ÷ contribution margin per unit
= ($52,000 + $40,000) ÷ $16
= 5,750 units
Therefore, the units must Warner sell per month to make an operating profit of $40,000 is 5,750 units.
The concert tickets are represented as an opportunity cost.
Answer:
C.
Explanation:
Privatization and nationalization are two words that have opposite meanings, which makes them antonyms. Privatization is the process by which a government-owned business or a publicly-owned business is transferred into private ownership. The idea may be that privatization leads to a more efficient institution. Nationalization is the process by which privately owned business is transferred into government or public ownership. The idea may be that the business is so important to the well-being of the public that it can not be trusted to private individuals, or it may be that the government is over-reaching. Nationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.Nationalization usually refers to private assets or assets owned by lower levels of government, such as municipalities, being transferred to the state .The opposites of nationalization are privatization and demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone re-nationalization. Industries that are usually subject to nationalization include transport, communications, energy, banking, and natural resources. Therefore privatization and nationalization are opposing trends. C is correct .
