1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tanzania [10]
2 years ago
5

Why is it important for companies to invest in building a complete Data and Analytics Platform?

Business
1 answer:
Setler79 [48]2 years ago
5 0

It is essential for companies to invest in building a complete data and analytics platform to generate insights by housing data in one place and converting it into easily consumable information at high speed.

<h3 /><h3>Data and analytics platform</h3>

It corresponds to automated services and technology capable of processing a large amount of complex data and transforming it into relevant information in an organization.

Therefore, storing data on a platform can help to understand organizational scenarios, identify patterns, visualize and combine information to support organizational decisions more effectively and quickly.

The correct answer is:

  • It generates insights by housing data in one place and converting it into easily consumable information at high speed.

Find out more information about analytics platform here:

brainly.com/question/25893584

You might be interested in
Jose Ramirez worked 38 hours last week at a pay rate of $7.25 per hour. What was his gross pay? Bill Green, a storm-door salesma
AVprozaik [17]

Answer:

Jose Ramirez worked 38 hours last week at a pay rate of $7.25 per hour. What was his gross pay?

  • Jose Ramirez's gross pay = 38 hours x $7.25 per hour = $275.50

Bill Green, a storm-door salesman, sold $5,000 worth of doors and received a commission of $400. What was his rate of commission?

  • Bill Green's commission rate = $400 / $5,000 = 8%

With a base salary of $250 and a commission of 4% of all sales, compute Cindy Nelson’s salary for the following weeks:

Week           Base Salary       Sales Commission       Total Salary

1                     $250.00                $890.00                    $1,140.00

2                    $250.00               $1,126.00                   $1,376.00

3                    $250.00                $975.00                    $1,225.00

4                    $250.00                $824.00                    $1,074.00

If I work 45 hours my salary will be

  • = (40 x $7.25) + (5 x $7.25 x 1.5) + ($800 x 2%) = $290 + $54.38 + $16 = $360.38

Your paycheck lists $324.25 as your gross earnings. Is that correct?

  • no, it should be $360.38

Arlene Grossman earns $235 per week. Her federal income tax is $36.00. Her FICA tax is 6.2%. Arlene is also subject to a 3% state income tax and a 1% city tax. What’s her net pay?

  • = $235 - $36 - ($235 x 6.2%) - ($235 x 3%) - ($235 x 1%) = $175.03

Will Brown, who pays weekly union dues of $3.00, earns $289 per week. His federal income tax is $39.13 and his FICA tax is 6.2%. He pays a 4% state income tax, a $15.00 annual city tax, and 2% of his pay to his retirement fund. What’s his net income for the week he pays the city tax?

  • = $289 - ($289 x 2%) - $39.13 - ($289 x 6.2%) - [($289 x 98%) x 4%] - $3 - $15 = $289 - $5.78 - $39.13 - $17.92 - $11.33 - $3 - $15 = $196.84
3 0
3 years ago
Read 2 more answers
Nita is a devoted Coca-Cola consumer, whereas Becky can drink either Coca-Cola or Pepsi products. Nita’s demand for Coca-Cola wi
mafiozo [28]

Answer:

The answer is:

Inelastic

Elastic

Explanation:

Nita’s demand for Coca-Cola will be relatively more inelastic i.e his demand will not be sensitive to price. Increasing the price of Coca-cola will not make Nita to change its taste because he is a devoted Coca-Cola consumer.

Becky’s demand will be relatively more elastic because he has an option to choose between Pepsi and Coca-cola.

Any increase in price of Coca-cola will make Becky to shift to Pepsi.

5 0
2 years ago
Blackwelder factory produces two similar products-small lamps and desk lamps. the total plant overhead budget is $640,000 with 4
olasank [31]

Answer: b. $188,800 Blackwelder Company will allocates $188,800 to desk lamp production if the actual direct hours is 118,000.

We have the following:

Total Plant Overhead = $640,000

Total Estimated Direct labour hours = 400,000 hours

Actual labour hours for desk lamp = 118, 000 hours

Overhead allocation rate = \frac{Total overhead}{Total estimated direct labor hours}

Overhead allocation rate = \frac{640,000}{400,000}

Overhead Allocation Rate =  $1.6

Factory overhead allocated = Overhead allocation Rate * Actual labour hours [/tex] [tex] Factory overhead allocated = $188,800 (1.6 * 118,000)

3 0
3 years ago
Compute the standard cost for one hat, based on the following standards for each hat: Standard Material Quantity: 3/4 yard of fa
Taya2010 [7]

Answer:

$21.65

Explanation:

The computation of the standard cost is shown below:

= Material cost + labor cost + factory overhead cost

where,

Material cost = 3 ÷ 4 × $5 per yard

                     = $3.75

Labor cost = 2 hours × $5.75 = $11.5

And, the factory overhead cost is

= $3.20 × 2 hours

= $6.4

So, the standard cost is

= $3.75 + $11.5 + $6.4

= $21.65

3 0
2 years ago
Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021 ($ in thousands):
tester [92]

Answer:

<h2>            Rembrandt Paint Company </h2><h2>Income Statement - December 31, 2021 </h2>

Sales revenues                                                        $34,000

- Cost of goods sold                                               <u>($18,500)</u>

Gross margin                                                            $15,500

Operating expenses:

- Selling and adm. expenses           ($4,100)

- Restructuring costs                       ($2,400)

Total operating expenses                                       <u>($6,500) </u>

Income from operations                                           $9,000

Other revenue and expenses:

Gain on sales of assets                   $5,200  

Interest revenue                                 $420

Loss from discontinued oper.       ($3,200)

Interest expense                               ($620)

Total other revenue and expenses                          <u>$1,800 </u>

Net income pre-tax                                                  $10,800

Income taxes (25%)                                                  <u>($2,700)</u>

Net income after taxes                                              $8,100

Shares outstanding                                                600,000

Earnings per share (EPS)                                           $13.50

7 0
3 years ago
Other questions:
  • It is possible to use a decision making process for any decision.
    11·2 answers
  • If there is a recessionary gap in the short​ run, the Federal Reserve can eliminate the gap in the short run by undertaking a po
    9·1 answer
  • When a classified balance sheet is prepared, merchandise inventory is:
    13·1 answer
  • Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. The com
    14·1 answer
  • Two automatic systems for dispensing maps are being compared by the state highway department. The accompanying breakeven chart o
    5·1 answer
  • Your company is trying to decide which one of two projects it should accept. Both projects have the same start-up costs. Project
    9·1 answer
  • What is the business?
    7·1 answer
  • The period before a trial takes place is called the
    10·1 answer
  • Which energy system provides energy for tasks that demand a high rate of energy expenditure for a short period of time?
    10·1 answer
  • x-co issued 1,000 shares of its 5%, $10 par value, cumulative preferred stock for $100 cash per share. the journal entry to reco
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!