Generates sales of output Study guides, Class notes & Summaries

BA 304 Midterm Exam | Questions with Verified Answers Which of the following is the correct definition of algorithms? mathematical formulas placed in software that performs an analysis on a dataset Select all of the following that represent forms of structured data. (Check all that apply.) - sensor data - web log data - clickstream data - point-of-sale data Select the four common characteristics of big data along with the correct definition. (Check all that apply.) - variety—represents diffe...

Finance : Acquires financial resources and capital for inputs Marketing : Generates sales of outputs Operations : Translates materials and services into outputs Process : Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation : A group of resources performing all or part of one or more processes 2 | P a g e Supply Chain : An interrelated series of processes within and across firms that produc...

Competitors Firms operating in the same market - offering similar products - and targeting similar customers Competitive Rivalry The ongoing set of competitive actions and competitive responses that occur among firms as they maneuver an advantageous market position Competitive Behavior The set of competitive actions and responses a firm takes to build or defend its competitive advantages and to improve its market position Competitive Dynamics All competitive behaviors - ...

Contemporary Marketing 3rd Edition – Test Bank Chapter 1—Marketing: The Art and Science of Satisfying Customers MULTIPLE CHOICE 1. What utility does Cannondale create when the company combines aluminum and other components in the production of bicycles? a. ownership utility b. form utility c. place utility d. time utility REF: 5 NOT: AACSB Reflective Thinking | TB&E Model Marketing Plan 2. When you purchase concert tickets over the Internet, which of the following utilities is NOT created? a...

MGSC Exam 2 Questions And Answers 100% Verified 2024/2025 The theory of constraints methods increases the firm's profits more effectively by focusing on what? A. eliminating defects B. cutting system costs C. eliminating processing variation D. making materials flow rapidly through the entire system - answermaking materials flow rapidly through the entire system The theory of constraints defines inventory as A. all the money invested in a system in purchasing things that it inten...

MGSC Exam 2 Questions And Answers 100% Verified 2024/2025 The theory of constraints methods increases the firm's profits more effectively by focusing on what? A. eliminating defects B. cutting system costs C. eliminating processing variation D. making materials flow rapidly through the entire system - answermaking materials flow rapidly through the entire system The theory of constraints defines inventory as A. all the money invested in a system in purchasing things that it inten...

What is true about data science? a model generated that leads to insights and can be improved management of data seeing how everything is connected example of insight turned into action? Marketing a new product based on past sales information Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Data science only generates actionable information for the future. false What is the function Kmeans (fr...

What are the 3+1 stages of absorption costing? 1. Allocation 2. Apportionment 3. Absorption = Production Cost 4. Under/over = Non prod OH Why would you use Absorption Costing? Valuing Inventory Pricing Decisions Establishing profitability What are pros and cons of absorption and marginal costing? Absorption -Avoids varying profits if sales are seasonal -Consistent with accounting standards -Recognises Long Run variable costs -Implies OH related to production = Manipulate profit ...

Margin is sales divided by assets, and turnover is operating income divided by sales.False If a company has sales of $80,000, operating income of $5,000, and assets of $20,000, it's ROI is 25%.True ROI=Margin X turnover Margin=Operating Income/ Sales Turnover=Sales/ Assets Transfer price is the price paid on sales between two divisions of the same company.True Transfer pricing policies are set by the overall company based on market price, full cost, or negotiation.True The length of time...

Types of SAP conversions a. Brownfield (conversions from ECC SAP 6.0) b. Greenfield (clients in earlier versions or non-SAP systems), small to mid-size companies mostly Types of Implementation a) On-Premise (on-prem) b) Any Cloud c) SAP Private Cloud d) SAP Public Cloud On-Premise (on-prem) Implementation - client owns and manages hardware (servers, network) and software. Longest time to implement, highest cost, most flexibility. Any Cloud Implementation - client doesn't own hardware...