select all that apply. what parts of the analytics mindset can automation help perform? group of answer choices ask the right questions. extract, transform, and load relevant data (etl). apply appropriate data analytic techniques. interpret and share the results with stakeholders.

Answers

Answer 1

Parts of the analytics mindset can automation help perform through automating analytics; you produce systems that may modify some or maybe the total knowledge flow.

A data-related product to life, from automating dashboards for business intelligence to free machine-learning models supported by knowledge models.

The analytics mindset consists of a four-step method:

(1) asking the correct questions;

(2) extracting, remodeling, and loading the required knowledge;

(3) applying acceptable data analytics techniques; and

(4) decoding and presenting the results.

It's a mindset that keeps automation at the forefront of your daily activities. Rather than automation being an associated afterthought, you proactively admit that automation will contour your work processes.

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Related Questions

A sales representative sells products from two competing companies without disclosing to either company. Which agent duty owed to a principal applies to this situation?.

Answers

A sales representative sells products from two competing companies without disclosing to either company. The correct answer is a conflict of interest.

A conflict of interest happens once somebody's or entity's unconditional interests raise a matter of whether or not their actions, judgment, and/or decision-making. A conflict of interest exists once 2 or additional contradictory interests relate to employee activity by a private or an establishment.

A conflict of interest arises once what's in a person's best interest isn't in another person's or organization's best interest.

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How did unemployed people try to earn a few cents

Answers

Throughout history, unemployed people have tried various ways to earn a few cents to make ends meet. Some of these methods have included selling homemade goods or crafts, engaging in manual labor or odd jobs, begging, and even crime.

In the past, individuals without steady employment often engaged in subsistence agriculture or animal husbandry, using the goods produced for their own consumption or selling any excess to their neighbors or local markets. In urban areas, unemployed people might have turned to street vending, selling goods such as food, clothing, or small trinkets on the streets or in public squares.

Begging was another common strategy, particularly for those who were physically or mentally unable to work. Some beggars performed music or other entertainment to earn money, while others relied solely on the kindness of strangers.

Unfortunately, some unemployed individuals resorted to criminal activity, such as theft or fraud, as a way to make money. This was often seen as a last resort and carried significant risk, as criminal activity was heavily punished in most societies.

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Which of the following is true under monopolistic competition in the long run?
a. P = MC
b. P = MR
c. Profits are always zero.
d. All of the choices are true in monopolistic competition.

Answers

In monopolistic competition,  P = MC, P = MR, and Profits are always zero. The correct option is d. All of the choices are true.

Monopolistic competition refers to a market structure where there are many firms selling differentiated products that are close substitutes for each other. In the long run, monopolistic competition exhibits the following characteristics:

a. P = MC: In the long run, firms in monopolistic competition aim to maximize their profits. This implies that they will produce at a level where marginal cost (MC) equals marginal revenue (MR). Since price (P) is determined by the demand for the product, in order to maximize profits, firms will set their prices (P) equal to their marginal costs (MC).b. P = MR: Under monopolistic competition, firms face a downward-sloping demand curve due to product differentiation. This means that to sell more units, firms must lower their price. Consequently, marginal revenue (MR) is less than the price (P) because each additional unit sold brings in less revenue. Therefore, in the long run, firms in a monopolistic competition set prices (P) equal to marginal revenue (MR).c. Profits are not always zero: Unlike perfect competition, where firms earn zero economic profits in the long run, the monopolistic competition allows for the possibility of positive economic profits in the long run. This is because firms can differentiate their products, establish brand loyalty, and create a degree of market power. However, intense competition and low entry barriers often drive economic profits to zero in the long run.

In summary, all of the choices (a, b, and c) are true in monopolistic competition in the long run.

The correct option is d.

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Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions

Answers

According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.

Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.

She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."

Therefore, option A is appropriate.

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The term ___________________ describes the proportion of deposits that the bankmust hold in the form of reserves that are not loaned out or invested in bonds.A. reserve ratioB. reserve fundsC. term depositsD. bond reserves

Answers

The term reserve ratio describes the proportion of deposits that the bank must hold in the form of reserves that are not loaned out or invested in bonds. Option A is correct.

The reserve ratio – also referred to as bank reserve ratio, bank reserve requirement, or cash reserve ratio – can be defined as the percentage of deposits a financial institution must hold in reserve as cash. The institution that determines the required amount of reserve ratio is the central bank. A bank’s reserve usually consists of money that is held in its vault. Banks also have cash kept in their account at the central bank. The reserve ratio helps ensure that banks have enough liquidity to meet their financial obligations and maintain stability.

Thus, reserve ratio describes the proportion of deposits that the bank must hold in the form of reserves that are not loaned out or invested in bonds. Option A is correct.

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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

Management mid term review / 22 of 60
Three factors that affect the organizational structure of a business include interpersonal relationships, tasks, and:
OA. initiative.
OB. authority.
OC. attrition.
OD. injunction.

Answers

Interpersonal relations, tasks, and authority are three elements that have an impact on a company's organizational structure. The appropriate choice is (B).

What does management mean?

Management is the process of carrying out the work or activity required to achieve an organization's objectives in an efficient and effective manner. The procedure implies the management duties. Therefore, there is involvement in preparing, planning, staffing, directing, and managing.

What three styles of management are there?

Management styles can be divided into three major categories: autocratic, democratic, and laissez-faire. There are particular subtypes for management styles that fall under these categories, each with advantages and disadvantages.

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If you have 900 dollars and you save it for ten years woth eight percent interest, what will be it’s future value?

Answers

1620
900 times 8%, or 0.08 is 72. So 72 is the interest for 1 year. You multiply that times 10 for ten years of interest and get 720. You add 900 and 720 and you get 1620. Therefore, 1620 is how much you have after 10 years with eight percent interest. Hopefully this helps!

Which form of the compensation would
be the greatest?
a) A salary
of 3,000.00 Monthly
b) wages of 20.00 per hr.
Receiving Commission of 20%.

Answers

Answer:

We need to compare 3,000.00 per month to 20.00per hr

So first to compare lets see how many hours are there in a month.

There are 30 days or 31 days in a month

And working hours is 40 mostly or officially so  lets take 4 weeks and in each  there is  40hours.

So 4*40=160

Now that we know how much hours are there in a month we can easily find if 3,000.00 monthly or 20.00 per hour is greater.

First we need to multiply 20.00 with the number hours in a month to get it.

Thus, 20×160

⇒3200

By doing basic multiplication we get 3200 as the asnwer which the wages of a month when 20.00 is given per hour.

Now we can compare which is greater......

⇒3,000.00 or 3,200.00

And we know that 3,200.00>3,000

Therefore answer is option b

IF WE TAKE DAyS IN A MONTH 31 WE WILL STILL GET ANSWER AS B AS THE ASNWER WILL ONLY INCREASE.

Answer:

B is still the answer based on what you said

Explanation:

Since you said you work 40 hours per week, you would make $800/week in pay.  BUT, if you are getting 20% of the total revenue, that would give you an additional $3750 per month.

If yearly revenue is $225,000 and you get 20%, that amount is 45,000.  That is yearly.  So when you divide that by 12 months, that will give you the $3750 per month.

Which of these is a primary and secondary source of market research, respectively?

Answers

Answer:

The answer is focus group interviews and trade associations.

Explanation:

Primary rotates around interviews and trade associations revolve encompassing receiving something back. the primary reference of research is data assembled through original or first-hand examination while the secondary reference is the data information collect by someone in history.

Studies reveal that organizational cultural values such as fairness, growth opportunities, and reputation of organization have a positive effect on the job satisfaction. In contrast, organizational traits like aggressiveness negatively influence job satisfaction. As a future engineer, what do you think the term "organizational culture" is considered as ____________, while the term "job satisfaction" is considered as:____________

Answers

In the context of the relationship between organizational culture and job satisfaction, "organizational culture" can be considered as an influencing factor, while "job satisfaction" can be considered as an outcome.

Organizational culture refers to the shared values, beliefs, norms, and practices that shape the behavior and interactions within an organization. It represents the collective mindset and character of an organization, influencing the attitudes and behaviors of its members. In the context of the relationship between organizational culture and job satisfaction, organizational culture is considered as an influencing factor. The cultural values of an organization, such as fairness, growth opportunities, and reputation, create an environment that can positively impact employees' job satisfaction. When these cultural values align with employees' needs and expectations, it fosters a sense of belonging, motivation, and fulfillment, ultimately leading to higher job satisfaction.

On the other hand, job satisfaction refers to an individual's subjective evaluation of their job and work experience. It reflects the level of contentment, fulfillment, and happiness an employee derives from their work. Job satisfaction is influenced by various factors, including organizational culture. It is considered as an outcome in the sense that it is the result or consequence of multiple factors, such as the organizational culture, work environment, job characteristics, interpersonal relationships, and personal expectations. When employees perceive positive cultural values within the organization, it can contribute to a supportive and satisfying work environment, leading to higher levels of job satisfaction. Conversely, negative organizational traits like aggressiveness can have a detrimental effect on job satisfaction.

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For an FBLA-PBL member who is interested in running for a state or national

office, what FBLA-PBL activity would be the most likely to help them?

O A. Participate in the Institute for Leaders

B. Network with local business people

C. Participate in local community service

D. Compete at the National Leadership Conference

SUBMIT

Answers

Answer:A

Explanation: i did the test

Which managers – top managers, middle managers or first-line managers – would make companywide decisions about energy use? How mightthe new workplace enable all managers to capitalize on the Great Shale Gas Rush

Answers

Answer:

The question is incomplete, it is missing the article about clean energy cars.

The article is about cars that run on compressed natural gas (CNG) instead of regular gasoline or even electric or hybrid models. The advantage of using CNG is that it is clean, its emissions rate is practically zero and most importantly, natural gas is extremely abundant in the US (shale gas).

Now, back to the questions:

Which managers – top managers, middle managers or first-line managers – would make companywide decisions about energy use?

Top managers are responsible for making companywide decisions about energy use. E.g. top management of several technological firms have decided to make their buildings and installations greener or more energy efficient. Generally when a new energy source is being used for the first time, a company must make large investments. This is why top management must decide about changes in energy use.

How might the new workplace enable all managers to capitalize on the Great Shale Gas Rush?

The use of CNG is not only good for businesses, but it is also good for the citizens and the US as a whole. Currently the US has almost balanced it exports and imports of petroleum, but it would benefit everyone if the balance would be positive. This means that the less oil imported, the better.  

If we look at specific businesses, changing from gasoline (or even diesel) to CNG is not only greener, but it is also cheaper. The problem with electric and hybrid cars is that they are extremely expensive, and it is really hard to offset their cost against regular gasoline cars. On the other hand, cars that run on CNG cost almost the same and are extremely cheap to use. CNG is much cheaper than gasoline plus you have the advantage of not needing to import oil or gasoline.

Currently, I'm not sure if there is any CNG car available for households since the Honda Civic that runs on it was discontinued, but businesses can still purchase fleet trucks and vans that run on CNG. If you analyze CNG vs gasoline or electric vehicles, CNG cars are much cheaper, efficient and greener (the Civic was greener than electric cars). It is a win-win situation, the company wins, the environment wins, the economy wins and the country wins, only foreign oil exporting countries lose.

attorneys who contact many experts as a ploy to disqualify them or prevent opposing counsel from hiring them are using what practice?

Answers

Attorneys who contact many experts as a ploy to disqualify them or prevent opposing counsel from hiring them are using a practice known as "witness sequestration" or "witness exclusion."

This strategy aims to limit the availability of certain experts to the opposing party by either disqualifying them or creating conflicts of interest that would prevent them from being hired as expert witnesses.

"Witness sequestration" or "witness exclusion" refers to the practice of separating witnesses from each other and prohibiting them from discussing their testimony or the case with anyone else until they have completed their testimony in court. This is done to prevent witnesses from being influenced by the testimony of others or from tailoring their own testimony to match the statements of previous witnesses.

The purpose of witness sequestration is to ensure the integrity and credibility of witness testimony by minimizing the potential for collusion or manipulation. By keeping witnesses separate, the court aims to obtain independent and unbiased testimony from each witness.

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ECONOMICS CHAPTER 2 SECTION 3

explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market

ECONOMICS CHAPTER 2 SECTION 3

Answers

Private property rights  and market is  in which people buy and sell resources or goods and services.

Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.

Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.

Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.

Factor market and product market-  The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.

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Which level of government funds the health care available to Native American tribes and Alaskan Natives
OA. state
OB. federal
OC. local
O D. tribal

Answers

Answer:

Explanation:

The Federal Government

An engine using 1 mol of an ideal gas initially at 20.7 l and 394 k performs a cycle
consisting of four steps:
1) an isothermal expansion at 394 k from
20.7 l to 40.8 l;
2) cooling at constant volume to 217 k;
3) an isothermal compression to its original
volume of 20.7 l; and
4) heating at constant volume to its original
temperature of 394 k.
find its efficiency. assume that the
heat capacity is 21 j/k and the universal gas constant is 0.08206 l atm/mol/k =
8.314 j/mol/k.

Answers

The efficiency of the engine can be calculated using the formula: efficiency = 1 - (T2 / T1), where T2 is the lower temperature and T1 is the higher temperature.

What is the formula to calculate the efficiency of the engine?

To calculate the efficiency of the engine, we use the formula: efficiency = 1 - (T2 / T1). In this case, T2 represents the lower temperature and T1 represents the higher temperature. The efficiency of the engine is a measure of how well it converts heat energy into useful work.

In the given scenario, the engine undergoes a cycle consisting of four steps: isothermal expansion, cooling at constant volume, isothermal compression, and heating at constant volume. To determine the efficiency, we need to find the temperatures at the beginning and end of the cycle.

Step 1: Involves an isothermal expansion at 394 K from 20.7 L to 40.8 L. Since the expansion is isothermal, the temperature remains constant at 394 K.

Step 2: Involves cooling at a constant volume of 217 K. At this stage, the volume remains constant, so the temperature decreases from 394 K to 217 K.

Step 3: Is isothermal compression to the original volume of 20.7 L. Again, the temperature remains constant at 217 K.

Step 4: Involves heating at constant volume back to the original temperature of 394 K.

Using the given temperatures, we can substitute the values into the efficiency formula: efficiency = 1 - (217 / 394). Simplifying this expression will give us the efficiency of the engine.

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Use these graphics to answer the question.

An association of medical researchers examined exercise trends among adults.







pls help need an answer fast


Which ratio shows the relationship between the total percent of people who exercised in 2014 to the percent of adults ages 18–24 who exercised in 2016?

47:42
58:45
48:59
48:50

Use these graphics to answer the question.An association of medical researchers examined exercise trends

Answers

The ratio that represents the relationship between the total percent of people who did exercise in 2014 compared to the the percent of adults ages 18–24 who exercised in 2016 is 48:59.

What is a ratio?

A ratio is the comparison of two figures, this can be done with the past data, or can be done with the budgeted or any competitor. In the example given the data is compared with the past data, base year is 2014 and the current year is 2016.

The ratio that is calculated represents that the total percentage of people were 48% in 2014 and the adults in 2016 as a total represents a percentage of 59% and therefore the ratio is 48:59.

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Which of the following scenarios describes an error in netiquette? (5 points)
Ahmed keeps his email and text exchanges with his coworkers professional, even though he likes to use off color humor at times with friends.

Jamie writes an email to his colleagues and before sending takes an extra fifteen minutes to carefully proof spelling and grammar.

Marina allows herself to be more honest and straightforward in her written correspondence than she would in her face-to-face interactions.

Shonda receives an email from a colleague complaining about one of their coworkers and deletes it promptly without sharing it with others. ​

Answers

The scenarios that describes an error in netiquette is option D. Shonda receives an e.mail from a colleague complaining about one of their co- workers and deletes it promptly without sharing it with others. Netiquette is a set of informal rules for good behavior and politeness followed by users of online such as the Internet, email.

Netiquette is gotten from the word "etiquette," which means the general rules or conventions of correct and polite behaviour in social settings and situations. It is therefore the act of exercising polite and considerate behaviour in online contexts, such as Internet discussion boards and personal email.

What is politeness?

Politeness is the practical application of good manners or etiquette so as not to offend others. Politeness is a culturally defined phenomenon, and therefore what is considered polite in one culture can sometimes be quite rude or simply eccentric in another cultural context.

Therefore, the correct answer is as given above

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Decide which statement best reflects a proper attitude on the first day of work. a. I should point out other workers who are not properly dressed. b. I should question business practices shown to me. c. I should listen closely when people talk to me. d. I should defend my ideas with rigor.

Answers

Answer:

c. I should listen closely when people talk to me

Explanation:

On one's first day of work, the goal would be to learn as much as possible about the new job. This is why it is important to listen closely to what people are saying so as to know more about the business

Answer:

c. I should listen closely when people talk to me

Explanation:

Why is it important to have a savings account in addition to a checking account?

Answers

Compared to checking accounts, savings accounts often charge fewer fees and offer higher interest rates. By paying less and earning more interest, you'll see your money increase even if you don't make further deposits.

You may pay your bills, get your paycheck deposited directly into your account, and use an ATM with a checking account to manage your daily spending. An emergency fund might be created or funds can be placed away for a specific purpose, like a future vacation, in a savings account. For frequent transactions like purchases, bill payments, and ATM withdrawals, checking accounts are preferable. Typically, they receive little to no interest. Money should be kept in savings accounts. Usually, your money makes greater interest. Here are six reasons why you should keep cash in a savings account as opposed to a checking account, Increase your interest rate, Lessen the minimum balance requirements and fees, resisted the want to spend money, Keep an eye on your emergency money.

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1) Explain why poor countries in warmer climates tend to face heavier consequences of global warming.2) To what extent should developed countries take responsibility for measures to correct the problems of global warming?3) Identify a country that has already begun to be affected by global warming. Research the potential consequences.

Answers

1) Poor countries in warmer climates tend to face heavier consequences of global warming due to several reasons. Firstly, they have limited resources to cope with the impacts of global warming such as extreme weather events, rising sea levels, and droughts. Se

condly, they heavily rely on agriculture and natural resources for their economy, which are highly vulnerable to the effects of global warming. Finally, these countries often have inadequate infrastructure and healthcare systems, which make them more susceptible to the spread of diseases and waterborne illnesses that can occur as a result of global warming.

2) Developed countries should take significant responsibility for measures to correct the problems of global warming. These countries have historically been the largest contributors to greenhouse gas emissions that cause global warming, and have also benefited from industrialization and economic growth that has caused much of the damage. Therefore, developed countries should lead efforts to reduce emissions, promote sustainable development, and provide resources and support for poor countries to cope with the impacts of global warming.

3) The Maldives is a country that has already begun to be affected by global warming. This island nation is particularly vulnerable to rising sea levels, which threaten to submerge the entire country. The Maldives has already experienced several instances of flooding, which have damaged infrastructure, homes, and public services. In addition, the country is experiencing more frequent and severe storms, which have disrupted tourism and fishing industries. If the situation continues, the Maldives could face significant economic and social consequences, including displacement of its population and loss of its cultural heritage.

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What is the best explanation as to why both consumers and producers perform cellular respiration?

Answers

Cellular respiration is an important metabolic process for both consumers and producers.

Consumers use cellular respiration to break down organic molecules into energy-rich molecules, such as ATP, which they use to power their cells. Producers use cellular respiration to convert energy from the sun into energy-rich molecules, such as ATP, through a process known as photosynthesis.

This energy can then be used to power the cells of the producer. In this way, both consumers and producers are able to make use of the energy stored in organic molecules to power their cells.

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PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.

Answers

Answer: See explanation

Explanation:

In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.

For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.

West Company declared a $0.50 per share cash dividend. The company has 190,000 shares issued, and 10,000 shares in treasury stock. What is the amount of the dividend? (Enter the number without a dollar sign or decimal point).

Answers

The amount of the dividend is $90,000.

Given that West Company has declared a $0.50 per share cash dividend and the company has 190,000 shares issued and 10,000 shares in treasury stock. We are to find the amount of the dividend.

To find the amount of dividend, we need to find the total number of outstanding shares by subtracting the treasury stock from the issued shares.

Total outstanding shares= Issued shares - Treasury shares Total outstanding shares= 190,000 - 10,000 Total outstanding shares= 180,000 We know that the dividend declared per share is $0.50. Amount of the dividend= Total outstanding shares x Dividend per share.

Amount of the dividend= 180,000 x 0.50 Amount of the dividend= 90,000. Therefore, the amount of the dividend is $90,000.

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therefore, what is the relationship between a perfectly competitive firm's mrp curve for an input and that firm's demand curve for that input?

Answers

The marginal revenue product (MRP) curve for an input indicates the value of the marginal product of a particular input, whereas the demand curve for an input refers to the quantities of the input that a firm is willing and able to buy at various input prices.

What is the reason?

In a perfectly competitive market, the demand curve for an input is perfectly elastic, implying that the firm is a price taker and can purchase as much input as it wishes at the going market price.

On the other hand, the MRP curve for an input is downward sloping since as the firm adds more input, the marginal product of that input decreases, and the marginal revenue earned from producing additional units of output declines.

This implies that for a perfectly competitive firm, the MRP curve of an input coincides with the demand curve for that input.

Therefore, in the short run, a perfectly competitive firm uses inputs up to the point where the MRP equals the input price, maximizing its profits.

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A company manufactures a product that has a design (nominal) target width of 5 inches with tolerances of + .05 inch. The process that produces the product has a mean of 4.995 inches and a standard deviation of 0.01 inch. According to the process capability ratio is the process capable of being within design specifications?

Answers

Answer:

a. The process is capable of meeting design specifications because the index is greater than 1

Explanation:

Missing word "a. the index is greater than 1.0, b. the process is not capable of meeting design specifications because the index is less than 1.0, c. the process is capable of meeting design specifications because the index is twice the process capability ratio, d. none of the above"

Process capability ratio (Cp) = (USL - LSL) / 6σ

- USL = 5+0.05= 5.05

- LSL = 5 - 0.05 = 4.95

- Standard deviation σ = 0.01

Process capability ratio (Cp) = 5.05 - 4.95 / 6*0.01

Process capability ratio (Cp) = 0.1 / 0.06

Process capability ratio (Cp) = 1.666666666666667

Process capability ratio (Cp) = 1.67

Process capability ratio Cp > 1. So, the Process is capable of meeting design specification.

how to write a table of content ​

Answers

The table of contents should include all of the front matter, primary material, and back matter, as well as the chapter titles, page numbers, and bibliography. A decent table of contents should be simple to read, correctly formatted, and finalized to ensure complete accuracy.

a matrix or grid of information with columns and rows. a table including a number of mathematical calculations.

After the title page, begin a new page.

List the document's headings in alphabetical order.

Include subheadings if necessary.

Give each heading a page number.

Place the information in a table.

the Table of Contents' title.

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managing diversity is more than hiring women and minorities; it is complex and involves which of the following?Valuing employee differences to build an effective organizationRecognizing the characteristics common to specific groups of employeesManaging a culturally diverse workforce

Answers

Managing a culturally diverse workforce is one of the elements if the aim is to manage diversity.

What is culturally diverse workforce?

Organizations will need to reassess existing management practises and adopt fresh, innovative methods of managing people as a result of demographic changes (women in the workforce, organisational reorganisation, and equal opportunity legislation). Performance at work and customer service will improve as a result of positive adjustments.

Diversity is advantageous for both employees and employers. Even though coworkers depend on one another, respecting individual variations can boost productivity.  A culturally diverse workforce can boost marketing opportunities, hiring, creativity, and company reputation while lowering the risk of lawsuits.

Diversity is essential to an organization's success in an era where adaptability and inventiveness are the keys to competition. Also, the repercussions (time and financial loss) should not be disregarded.

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Describe the impact (i.e., financial or other) on the business
including, but not limited to. any civil or criminal penalties by
KBR and Halliburton FCPA (2009).

Answers

The KBR and Halliburton FCPA case in 2009 had significant financial and legal consequences for both companies.

The KBR and Halliburton case in 2009 refers to a violation of the Foreign Corrupt Practices Act (FCPA) by these two companies. The FCPA prohibits bribing foreign officials to obtain or retain business. In this case, it was revealed that KBR, a subsidiary of Halliburton, had engaged in bribery schemes to secure contracts in Nigeria.

The impact on the businesses was substantial. KBR pleaded guilty to violating the FCPA and had to pay a hefty fine of $402 million. Halliburton, as the parent company, faced financial and reputational damage as well.

Besides the financial penalties, the case had other consequences such as a tarnished public image, loss of business opportunities, and the need for internal reforms to prevent future violations. The KBR and Halliburton FCPA case serves as a cautionary tale for companies operating globally, highlighting the serious legal and financial repercussions of engaging in corrupt practices.

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