The vital function of _____ involves transforming data into useful information for decision makers.

Answers

Answer 1

Answer: The answer is : information technology department

to fulfill its duty, information technology deportment usually develop a system for transforming the data that they acquired into useful informations regarding company's financial condition, product marketing, future projection , etc, which will be used by those in executive positions

Related Questions

Paul Solomon is the owner of Solly's, an upscale restaurant in Tampa, Florida. Each year, Paul spends about $150,000 in advertising. As this year's ad budget decision must be made, Paul decides that he wants to know just how good his advertising dollars are working for him. He hires Getty Research Associates who recommend that he establish a baseline of awareness. Getty recommends a TOMA study which stands for Top-of-Mind-Awareness. TOMA studies consist of taking a probability sample of the population and asking respondents to name the first three "insert type of business here." Obviously, for Solly's, Getty would be asking respondents to name the top three restaurants in the area. The percentage of respondents that named Solly's would be a baseline measure of awareness, and future promotions could be evaluated in terms of whether or not they increased awareness. While Paul was intrigued with online surveys because they were fast and less expensive, Getty recommended a traditional telephone survey using the local Tampa directory. Getty also explained to Paul that "Plus One dialing" could be used to ensure that unlisted numbers were included. Though the directory was quite large and no electronic version was available, Getty felt they could efficiently draw the sample using a:A) simple random sampleB) judgement sampleC) stratified sampleD) cluster, area sampleE) systematic sample
in 1 or 2 sentences identify a change (either increase or decrease) in supply or demand that would cause the equilibrium price to increase
The Waltham System a. employed whole families to work in textile mills. b. employed young women in their late teens and early twenties. c. employed young children, who often worked 10-12 hours per day. d. was considered a disreputable form of employment for women.
Kevin has $20 to spend on summer clothes. He is looking at shirts, shorts, and flip-flops. Shirts are $10, shorts are $15, and flip-flops are $10. He buys one shirt because he thinks that buying the shirt is worth the opportunity cost of the shorts and the flip-flops. Which statement best evaluates his reasoning?Kevin has analyzed the situation well. He purchased a shirt and that purchase cost the opportunity of buying the shorts or flip flops.Kevin was wrong in his analysis. He has confused opportunity costs with trade-offs by thinking of both of the lost items as opportunity costs.Kevin was wrong in his analysis. The opportunity cost consists of more than the shorts and flip-flops. It also includes other choices he could have made with the $10.Kevin has analyzed the situation well. However, he should also consider the fact that he saved $10 by only purchasing the shirt.
Kelly works at an ice cream shop and observes that the number of people buying ice cream varies greatly from day to day. for a couple of weeks, she has recorded the number of people at the shop each day, as well as the daily temperature. if kelly is using the scientific method to better understand ice cream buying habits, her next step is to multiple choice use the observed data to form a hypothesis about ice cream buying behavior. conclude definitively that people buy more ice cream when the temperature rises. throw out the data if it does not show a perfect relationship between buying habits and the other information she has collected. state her findings as a well-tested economic principle.

Travelers between Canada and the United States pay ____, which are fees charged by one country on goods they bring from the other country. A)exports . B)tariffs . C)imports . D)customs .

Answers

D. Customs, would be the answer

That wound be B.Tariffs.

The revenue recognition principle dictates that revenue should be recognized in the accounting records:a. when cash is received
b. in the period that income taxes are paid
c. when it is earned.
d. at the end of the month.

Answers

C. When it is earned. The revenue recognition principle is one of the basic concepts of accounting. It is the principle behind the accrual method of accounting and matching principle. Revenue recognition states that revenue is recorded when they are realized, realizable or earned. Normally, it is when the goods have already been delivered or when the service has already been rendered regardless of when the cash is received.

Abby Cleaning Services planned to provide cleaning services to 50 customers for $30 per hour during the month. Each job was expected to take 4 hours. The company actually served 5 less customers than expected and spent an average on each job of 4.5 hours. What is Abby Cleaning Services Revenue for the month?

Answers

Answer:

The Abby Cleaning Services Revenue for the month is $6,075 i.e $75 more than the expected.

Explanation:

Given:

Planned number of customers = 50

Charges = $30 per hour

Expected time taken = 4 hours

Therefore,

The expected revenue = 50 × $30 × 4 = $6,000

Actual number of customers served = 50 - 5 = 45

Actual time time taken = 4.5 hours

Actual revenue = 45 × $30 × 4.5 = $6,075

Hence,

the Abby Cleaning Services Revenue for the month is $6,075 i.e $75 more than the expected.

Explain the role of an entrepreneur in the economy

Answers

To start their own business, usually this supports their local economy however still depending on their success.

____________ refers to a consolidated network of business leadership whose concerns go beyond narrow decision-making within single firms to include the development of corporate power in broader social and political institutions. This mode of capitalism is also based on the practice of corporations holding shares in other firms. a. Institutional capitalism
b. Welfare capitalism
c. Family capitalism
d. Managerial capitalism
e. Post-Fordism

Answers

Answer:

A. Institutional Capitalism

Explanation:

Institutional capitalism is the phenomenon whereby large institutions holds large share of the capitalistic enterprise. Capitalism in itself has to do with private companies having their own ownership of the production process. In this case, the capitalistic enterprise is done on the basis of institutional shareholding.

At a price of $65, consumers demand 650 pairs of shoes, and sellers supply 650 pairs of shoes. The price of $65 (where quantity supplied and quantity demanded both equal 650 pairs of shoes) is the _____.

Answers

At the price of $65, where quantity supplied and quantity demanded both equal 650 pair of shoes is the equilibrium price

In economic, equilibrium price refer to a condition where the price favouring neither the consumers and the sellers, iwhich cause both of the parties have no desire to increase neither the supply nor the demand

Answer:

(B) equilibrium price

Explanation: this is correct!