You sure invest 150.00 every two weeks out of your pay check
Complete Question:
Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce limited quantities of her own clothing designs. After a few months of operation, she decides to apply some of the forecasting techniques she mastered in school. Which of these statements about her forecasts is correct?
- Her forecasts will probably be 100% accurate.
- Her demand forecasts for a year from now will probably be more accurate than her demand forecasts for three months from now.
- Her demand forecasts for each style of skirt will be less accurate than her demand forecasts for all skirts.
- The best way for her to determine the amount of fabric she needs is to forecast it based on her customer orders for each type of skirt.
Answer:
Option 4 is the correct answer
Explanation:
Because the only best way to forecast the amount of fabric required for the is dependent upon the number of customer orders for each type of skirt she receives.
Remember that the forecasting cannot be 100% correct because we human and we cannot tell the future with 100% surety. All we can do is guessing what would happen.
With the help of past data we can better estimate the demand. As their is no past data available we can make a reliable forecast of the skirt sales.
Option 3 is also incorrect because forecasting is dependant upon the reliable source of information which helps in estimating what would happen. Estimating single or combined sales is not a reliable source of information.
Answer:
increase with an increase in efficiency and effectiveness.
Explanation:
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment.
In Business management, the five (5) main organizational features which are capable of changing the direction of a company or business firm are classified as;
I. Culture.
II. Processes.
III. Politics.
IV. Environmental.
V. Structure.
Generally, it is expected that managers understand how the aforementioned organizational features can influence their business so as to build and use informations systems (IS) to drive the business successfully.
Hence, organizational performance in a company or business firm is most likely to increase with an increase in efficiency and effectiveness, especially in the areas of services to customers.
It is faster to find/get on a device instead of looking for the cards in your bag, folder, binder, etc.
Answer:
$105,000
Explanation:
In order for option A to produce a larger income, you would need sell at least $ 105,000 of jewelry?
At $105,000 option A becomes preferred because
12% x 105,000 = $12,600 in addition to base salary = $26,600
BUT
5% x 105,000 = $5250, in addition to base salary of 21,000 = $26,250
