As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the for new model to be _ than the old model.

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Answer 1

Answer:

Answer:

As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the R-square for new model to be higher than the old model.

Explanation:

As the R square is the coefficient of the variation and it determines the percentage of explained variability of the data. It should be higher as the new model is the best fit to the data.

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The total amount of money you owe other people.

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The total amount of money you owe other people. the answer is debt

Answer:

The total amount of money you owe other people is called debt.

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Whose responsibility is it to design, implement, and consistently review a risk-management system?

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The responsibility for designing, implementing, and consistently reviewing a risk management system typically falls on the organization or business itself, especially if it's a larger entity. In a business or organizational context, this responsibility often involves various stakeholders, including:

1. **Senior Management:** Senior executives and leaders within the organization play a crucial role in establishing the overall risk management framework, setting policies, and allocating resources for risk management efforts.

2. **Risk Management Team:** Many organizations have dedicated risk management teams or officers who specialize in identifying, assessing, and mitigating risks. These professionals often report to senior management.

3. **Employees:** Employees at all levels have a role in risk management. They must be aware of and adhere to risk management policies and procedures, report potential risks or issues, and participate in risk mitigation efforts.

4. **External Consultants:** In some cases, organizations may hire external consultants or experts to assess and improve their risk management practices.

5. **Regulatory Authorities:** Depending on the industry and location, regulatory authorities may require specific risk management practices and reporting. Compliance with these regulations is also a responsibility.

6. **Stakeholders:** Businesses have a responsibility to communicate their risk management practices to stakeholders, including investors, customers, and partners.

The specific responsibilities and structure of a risk management system can vary widely depending on the organization's size, industry, and risk profile. However, the key is to have a systematic approach to identify, assess, and mitigate risks that could impact the organization's operations, finances, reputation, and compliance with legal and regulatory requirements. This process should be ongoing and adapt to changing circumstances and new risks that may emerge.

Continuous skills development

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In business, continuous skills development refer to the ability for a business to keep acquiring/developing new set of skills that is needed in order to fulfill the Market's need and keep continouing its operation

One way newspapers are classified is by structures of advertising agencies. type of advertisers. frequency of delivery. subscription rates. closing date.

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Answer:

One way newspapers are classified is by:

frequency of delivery.

Explanation:

Newspapers are classified into morning and evening dailies, weeklies, etc. Some newspapers are delivered only in the morning while others are delivered in the evening. Others may be delivered weekly, bi-monthly, monthly, etc. These frequencies of delivery determine the classification of the newspaper. A newspaper that is delivered daily is known as a daily newspaper while the other delivered weekly is called a weekly newspaper, and so on.

Compensating balancesa. are a particular form of collateral commonly required on commercial loans.
b. allow banks to monitor firms' check payment practices, which can yield information about their borrowers' financial conditions.
c. are a required minimum amount of funds that a borrower (i.e., a firm receiving a loan) must keep in a checking account at the bank.
d. are all of the above.

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Answer:

The correct answer is D

Explanation:

Compensating balance is the balance which is to be minimum amount that is to maintained or kept in the bank account, so that could be used to offset the cost incurred by the bank for setting up the loan.

It is that balance which is not available for the company to use and might be needed to disclose in the notes of the borrower in the financial statements.

So, it is a specific kind of collateral, allow bank to monitor payment practice of firms and require to have a minimum amount that borrower need to keep in the checking account.

If unnecessary government borrowing (deficit spending) and high tariffs are both harmful to the economy, why do governments in democracies often adopt such economic policies?

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The correct answer for the question that is being presented above is this one: "D. Most politicians do not care about helping the people become more prosperous."

Here are the following choices:
A. Politicians will follow bad economic policies in order to attract votes.
B. Most politicians have a very poor understanding of the principles of economics.
C. Politicians do not care about what is good for their citizens.
D. Most politicians do not care about helping the people become more prosperous.

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