Discuss briefly the statement about the meaning of forecasting .

Answers

Answer 1

Answer:

Anticipating is a procedure that involves verifiable information as contributions to make informed gauges that are prescient in deciding the heading of future patterns. Organizations use guaging to decide how to distribute their financial plans or plan for expected costs for a forthcoming timeframe.

Answer 2
Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends.Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for an upcoming period of time. This is typically based on the projected demand for the goods and services offered.

Related Questions

Anna-Marie senses that one of her employees feels excluded from the rest of the group. She is surprised by this, as she believes she treats all employees fairly and equally and that the rest of her staff does as well. What action should Anna-Marie take next

Answers

The best action that Anna-Marie should take next is A- She should talk to the employee to understand their perspective.

Talking to the employee will reveal if they are out-group members and enable Anna-Marie to understand their views.

Who is an out-group member?

An out-group member is an individual in an organization who does not identify themselves as part of the group or unit.

An out-group member does not pursue the same goals as other group members and most times feels excluded from the group.

Answer Options:

A- She should talk to the employee to understand their perspective.

B- She should redistribute the company policy describing inclusion expectations.

C- No action is required; she is already acting ethically.

D- She should start documenting her efforts at inclusion.

Thus, the best action that Anna-Marie should take next is A- She should talk to the employee to understand their perspective.

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0r2
Question 3
You've been saving and currently have $20,000 in a savings account earning 1.5% APR. What is the value after 10
years?.
You've been saving and currently have $20,000 in a savings account earning 1.5% APR. What is the value after 10
years?

Answers

Answer:

I believe for this particular equation you just want to use the equation for simple interest: I = P * r * t

Explantion:

I = Interest

P = principal

r = rate

t = time

change the rate: 1.5% into a decimal: 1.5/100 = .015 and plug in the values

I = 20,000 * (.015*10)

I = 20,000 * .15

I = 3000

add the interest to the principal to get the value after 10 years

20,000 + 3000 = 23,000

giving you $23,000 after 10 years.

Heath Company uses 10,000 units of a part in its production process. The costs to make a part are: direct material, $12; direct labor, $25; variable overhead, $13; and applied fixed overhead, $30. Heath has received a quote of $55 from a potential supplier for this part. If Heath buys the part, 70 percent of the applied fixed overhead would continue. Heath Company would be better off by Select one: a. $160,000 to manufacture the part b. $40,000 to buy the part c. $150,000 to buy the part d. $50,000 to manufacture the part.

Answers

Answer: 40,000 to buy the part

Explanation:

Cost to buy : $55/ 10,000= 550,000


Cost to manufacture: (12+25+13+9)=59


The difference: $4/10,000= 40,000

Faulk Corporation uses a process costing system for its two production departments: Mixing and Baking. The company provided the following manufacturing cost information for the month of June.

Beginning work in process $ 500 $ 1,000
Costs transferred in ? ?
Costs incurred in May 5,000 9,000
Ending work in process 1,500 3,000

a. Record the transfer of costs from the Mixing Department to the Baking Department in June.
b. Record the transfer of costs from the Baking Department to Finished Goods Inventory in June.

Answers

the answer would be A

Entrepreneurs tend to be more _______ than _______ when it comes to evaluating that status and will quickly adapt as necessary to make improvements.

Question 1 options:



sentimental, objective




uncertain, certain




objective, sentimental




relaxed, motivated

Answers

If I’m not wrong I’ll say c because of the first word

Select the correct answer.
Henry is a manager at his company. He leaves the decision making for various processes to his employees. Which style of leadership does Henry fol
company?
OA laissez-faire
B. democratic
C. autocratic
OD. aristocratic

Answers

Answer: C

Definition: Autocratic leadership is a management style wherein one person controls all the decisions and takes very little inputs from other group members. Autocratic leaders make choices or decisions based on their own beliefs and do not involve others for their suggestion or advice.

Description: Autocratic leadership is a form of management style in which one leader or member of the organisation takes decisions on behalf of the company. This type of leadership style is seen mostly in businesses which are relatively small with fewer employees.

Explanation:

Ans:

C. Autocratic


-Autocratic /or authoritarian leaders, are often described as those with ultimate authority and power over others. These leaders tend to make choices based upon their own ideas alone and do not listen to their team or seek input from others.

In what classification of consumer products would you consider dominos pizza? Why?

Answers

Domino's pizza is classified as convinence products.

What are continence products?

Convinence products are products or items consumer buys frequently or consistent and at instant without much effort applied into it or minimum effort.

Therefore, Domino's pizza is classified as convinence products because it does not require much effort to get them and it is frequently purchased by consumers.

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Part 2. Write True or False on the space provided.
1. Entrepreneurship is the process of creating wealth by devoting necessary effort and time.
2.Innovation extends form modification (radical innovation) up to the totally new (Incremental improvement ) of existing products.​

Answers

Answer:

I learnt this knowledge last month duribg my OBTE subject. And the answers are given below:-

TRUEFALSE

The given statement "entrepreneurship is indeed the process of creating wealth by devoting necessary effort and time" is True.

The entrepreneurship is to identify opportunities, take risks and initiate and manage a business venture. Entrepreneurs often develop innovative solutions, products, or services to meet market demands and their success is usually tied to their ability to create value and generate profits.

The statement "Innovation extends form modification (radical innovation) up to the totally new (Incremental improvement ) of existing products.​" is True.

Both types of innovation are crucial for sustaining growth and competitiveness in industries and successful businesses often employ a combination of both approaches to maintain a competitive edge in the market.

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On January 1, 2021, Clark Corporation sold an $800,000, 7% bond issued for $767,320. The bonds are to pay interest quarterly and mature in 5 years. The market rate of interest if 8%. What is Clark’s total cost of borrowing?

Answers

Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.

What is the total cost of borrowing?

The total cost of borrowing includes the bond discounts and the interest expenses.

In this case, the total cost of borrowing is $344,702.87.  However, this is only the pre-tax cost.

Data and Calculations:

Face value = $800,000

Interest rate = 7%

Bonds proceeds = $767,320

Bonds discounts = $32,680 ($800,000 - $767,320)

Maturity period = 5 years

Market rate = 8%

Interest payment = quarterly

Quarter interest expense = $14,000 ($800,000 x 7% x 1/4)

N (# of periods) = 20 (5 x 4)

I/Y (Interest per year) = 8%

PMT (Periodic Payment) = $14,000 ($800,000 x 7% x 1/4)

FV (Future Value) = $800,000

Results:

PV = $767,297.13

Sum of all periodic payments = $280,000 ($14,000 x 20)

Total Interest = $312,702.87

Total cost of borrowing = $344,702.87 ($32,680 + $312,702.87)

Thus, Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.

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A company's ________________________ may play a role in pricing. Which answer completes the blank in the sentence?

Question 3 options:

revenue


stock value


target market


sales

Answers

The answer that would best complete the blank is "revenue" as it would play a key role in pricing.

What is Revenue?

This refers to the total amount of income that is gotten from the sale of goods in a marketplace.

Hence, we can see that when pricing a company based on its value, the revenue of the company would be important as it may play an important role in pricing.

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Billboards are commonly seen on the sides of freeways, on ______________, and on the benches throughout cities. Which answer completes the blank in the sentence?

Question 15 options:

buses


emails


social media


monuments

Answers

Answer:

buses is the right answer.

#14 Diagnosis reference numbers are entered on the CMS-1500 claim to:

a. report mortality data
b. justify medical necessity
c. analyze quality of services provided
d. report morbidity data

Answers

Answer:

analyse quality of service provided .

Explanation:

The Diagonsis reference number is useful thingIt is used to determine the importance of service provided and the relationship with providers. It starts from primary diagnosis

Option C

kaizen is the process of

Answers

Answer:

Kaizen, or rapid improvement processes, often is considered to be the "building block" of all lean production methods. Kaizen focuses on eliminating waste, improving productivity, and achieving sustained continual improvement in targeted activities and processes of an organization.

Explanation:

Which type of enterprise has ‘unlimited liability’?
A.
corporation
B.
public-limited company
C.
partnership
D.
private-limited company

Answers

Answer:

the answer is C partnership.

Control limits come from :__________
a) Review Later b) Customer expectations c) Engineering specifications d) Common cause process variation e) Supplier capability

Answers

Answer:

e

Explanation:

When a company cannot fully satisfy demand because of a constraint, which of the following describes an action that should NOT be taken?
A. Relaxing the constraint
B. Tightening the constraint
C. Investing to improve the capacity of the bottleneck
D. Reducing the number of defective units produced through the bottleneck

Answers

When a company cannot fully satisfy demand because of a constraint, the action that should not be taken is tightening the constraint. That is option B.

How does companies satisfy demands?

A successful company is always capable of satisfying their customers demands through the following ways:

By keeping in touch with their customers,

Listen to the complaints of their employees,

Address the feedback issues from their customers,

Evaluation of the identified issues and generation of a possible solution.

in order to successfully satisfy the demands the f their customers, they are not to tighten the constraint which would otherwise worsen the situation for them.

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All of the following are criterion for team success when using collaboration IS except ______.
a) Completing the work on time
b) Satisfying experience
c) Completing the work within budget
d) Non- meaningful experience
e) Growth in team capability

Answers

The answer to your question is option C- Completing the work within the budget

All of the following are criteria for team success when using collaboration IS except Completing the work on time.

The answer is option A.

What factors improve teamwork and success?

Collaboration, cooperation, and opposition work collectively enhance teamwork, and as we improve in one place, it is able to result in blessings in any other, developing momentum so that it will lead us to optimal overall performance.

The six elements are role clarity, belief, activity pride, commitment to the company, motivation, and empowerment. If you observe any person in your group, you may describe your relationship with her or him by looking at: position readability: How clean it's far to this character what behaviors and tasks you assume.

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How can attending a community college help create a positive return on investment for higher education?

Answers

Attending a community college can give positive returns on investments for Higher Education (HE) in the form of affordable expenditures like the first two years are less expensive, and then you transfer to a four-year university.

What is the positive return contributed by a community college in HE?

Community colleges conclude that getting an associate degree enhances average wages when compared to just graduating from high school.

The annual wage difference between males and girls after obtaining an associate degree is 13 percent for males and 22 percent for females, a significant gain.

Two-year institutions are also more geographically accessible and have more flexible timetables, with certain courses available all year.

In addition, four-year students may be able to shorten their time to graduation by taking two-year courses during the summer or outside of regular class hours.

Therefore, The first two years are less expensive, and then you transfer to a four-year university.

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Which is an example of an ethical decision?

Answers

Answer:

customer service representative taking responsibility for failing to follow through with a service action

Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Providing tax breaks and patents for firms that pursue research and development in health and sciences Increasing taxes on income from savings Imposing restrictions on foreign ownership of domestic capital Protecting property rights and enforcing contracts In less developed countries, what does the term brain drain refer to? Rapid population growth that lowers the stock of capital per worker The emigration of highly skilled workers to rich countries Rapid population growth that increases the burden on the educational system Lower productivity due to a malnourished workforce

Answers

If Yamahonda does this, it is an example of foreign direct investment in the United States.

The goals that are consistent with increasing productivity and growth are:Protecting property rights and enforcing contracts  In less developed countriesproviding tax breaks and patents for firms that pursue research and development in health and sciences.

What is brain drain?The emigration of highly skilled workers to rich countries.

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Although they may be subtle, when considering forces for change, job dissatisfaction, absenteeism, and low productivity represent:___________ a) human resources concerns. b) managers' behavior. c) technological advancements. d) demographic characteristics.

Answers

The factors of absenteeism, low productivity, and job dissatisfaction when considering forces of change are collectively known as A. Human resource concerns.

What are human resource concerns?

These are all the related factors that affect the labor and workforce of an organization.

Some examples include job dissatisfaction, and low productivity. There are also issues of absenteeism amongst staff. These factors need to be considered when trying to instill change in the workforce.

In conclusion, option A is correct.

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Materials that are used in manufacturing that cannot be cost-effectively traced to finished goods are called:

Answers

Answer:

Indirect Materials. used in manufacturing that cannot be cost-effectively traced to finished goods. (//Often direct materials can be classified as indirect when their costs are very low. Indirect Labor.//)

Materials that are used in manufacturing that cannot be cost-effectively traced to finished goods are called Indirect Materials which has been used in manufacturing that cannot be cost-effectively traced to finished goods. Often direct materials can be classified as indirect when their costs are very low or indirect Labor.

What is direct labor cost?

Prime cost of a product has been defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of prime costs.

Prime Cost = Direct Material Cost + Direct Labor Cost

The factory overhead includes all indirect cost which is not directly related to the production. It includes indirect material, indirect labor, manufacturing overhead and the direct material, direct labor are the direct cost that is directly related to the level of production.

Therefore, Materials that are used in manufacturing that cannot be cost-effectively traced to finished goods are called Indirect Materials which has been used in manufacturing that cannot be cost-effectively traced to finished goods. Often direct materials can be classified as indirect when their costs are very low or indirect Labor.

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Mitchell, Inc., is expected to maintain a constant 4.6 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 5.8 percent, what is the required return on the company's stock

Answers

The required return on the company's stock given the growth rate and the dividend yield is 10.4%.

What is the required return?

The required return is the return that investors demand for investing in a stock. The more risky a stock is, the higher the return demanded by investors.

Required return = dividend yield + growth rate

4.6% + 5.8% = 10.40%

Why do you think governments frequently attempt to control apartment rents but not house prices?

Answers

Governments often control apartment rents because many middle- and low-incomeearners prefer living in rental homes while wealthy people prefer buying houses. Thepurchasing power of rental apartments is high since the middle- and low-income earnersconstitute a higher percentage of the earning population

3. Pretend you make $300 worth of purchases on your credit card, your bill arrives saying your minimum payment due is $15 and you pay $100 before the due date. Describe how credit card interest works and what you can expect to happen next.

Answers

The credit card interest works upon the per-day interest rate. When the interest rate is charged on daily basis, the next thing that can happen over the credit card is the payment of a penalty over non-payment of interest till the due date.

What is a credit card?

A credit card is a plastic card issued by financial institutions for lending a certain limit amount to the cardholder for a certain period of time. The amount of the credit card needs to be paid back to the bank along with the interest before the due date.

In the given case:

Assume an Annual Percentage Rate of 12% then the monthly rate is 1%, so the daily percentage rate is 0.0329% (12%/365).

The initial settlement of $100, the credit card balance reduces to $200. Daily the card company will add 0.0329% interest to the balance until you pay off the debt.

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Everfi understanding financial aid

Answers

Answer:

Their primary goal is To protect consumers by regulating financial products and services.

Without their regulations, many corporations that operate in financial services tend to do several things that would hurt the consumers such as doing inside tradings or not fully disclosing their financial situation by opening a fake corporation offshore.

hopefully im right

Explanation:

You receive a part time job in which you are paid $10 per hour on weekdays and you receive $12 per hour
on the weekends. Your first week you worked 6 hours on Monday, 7 hours on Friday, and 8 hours on
Saturday. The employer withholds 15% for taxes. What is your gross and net income?


Can someone teach me how to do this pleasee?

Answers

Answer:

192.1

Explanation:

From monday and friday you earned 130$ because 6(10)+7(10)=130

Saturday you earned 96$ (12x8)

so adding those values you have 226$

you have to subtract 15% for tax.

So the equation would be

[tex]226 \times .15 = 33.9 \\ 226 - 33.9 = 192.1[/tex]

Calculate the simple interest and maturity vale. (do not round intermediate calculations. Round your answers to the nearest cent). principal $20,000 interest rate 6 3/4% time 9 months what is the simple interest? and what is the maturity value ?

Answers

The simple interest given the principal, time and interest rate is $1012.50.

The maturity value is $21,012.50.

What is the simple interest?

An amount earns simple interest only if the principal increases in value when interest is paid and not both the principal and the interest already accrued.

Simple interest = principal x time x interest rate

$20,000 x 9/12 x 0.0675 = $1012.50

Maturity value = $1012.50 + $20,000 = $21,012.50

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Question 2
What is the definition of financial bootstrapping?

Answers

Answer:

Bootstrapping is the process of building a business from scratch without attracting investment or with minimal external capital. It is a way to finance small businesses.

hope it helps...!!

PLEASE HELP AND THE DUE DATE IS TODAY.
-No Spam(Will be reported immediately
-No incorrect answers (Will be reported immediately)
-Correct Answers will be MARK AS BRAINLIEST

Answers

Answer:

A) cheque

B) Bank statement

C) Receipt

D) Invoice

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