How would you manage poor forecasting? ​

Answers

Answer 1

Answer:

ways to manage poor forecasting are-

1. ensure opportunities are realistic and achievable

2. regularly revisit the long-term forecast

3. improve bad data and bad input

4. improve sales forecast with a mix of art and science

5. track competitor promotional offers

6. develop a flexible process

7. set aside time

8. don't get too complicated.

if you find it useful, give me a brainliest.

Answer 2

There are different ways to manage poor forecasting in business, some of which include the following:

Confirm that the opportunities are rational and feasible;

Constantly evaluate the long-term prediction;

Analyze and rearrange poor data and input;

Assess sales forecast using methodical approach;

Create a method to monitor competitor promotional offers;

Build creative process, etc.

Poor forecasting in business can affect investment and business operation negatively.

Hence, in this case, it is concluded that there are different ways to manage poor forecasting in business.

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Related Questions

18. Vấn đề nào sau đây liên quan tới kinh tế học vi mô?

Answers

18. Vấn đề nào sau đây liên quan tới kinh tế học vi mô?

Which Airlines lounges are the best ?

Answers

1. Air France first class lounge Paris (CDG)
Reason:
Air France’s first class is the whole package. Not only does Air France offer one of the world’s best first class inflight products, but the carrier’s ground experience in Paris is equally impressive.

If you’re connecting in Paris, you’ll be picked up at your plane and driven to the first class lounge, and then later on will be driven from the first class lounge to your connecting flight.


There’s so much to love about the Air France first class lounge, though my favorite thing is probably the restaurant, which has an Alain Ducasse menu. In my experience it’s the best food offered in any airline lounge in the world. It’s not just that the food quality is excellent, but the service and presentation are equally good.
Hopefully this helps!

Answer:

Air France La Première Lounge, Paris is the first best Airline lounge in the World.

Explanation:

The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.

In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.

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Riegel Co uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at 12/31/17, consists of products D, E, F, G, H, and I. Relevant per unit data for these products are:

Item D Item E Item F Item G Item H Item I
Estimated selling price $120 $110 $95 $90 $110 $90
Cost 75 80 80 80 50 36
Cost to complete 30 30 25 35 30 30
Selling costs 10 18 10 20 10 20

Required:
Using the LCNRV rule, determine the proper unit value for the statement of financial position reporting purposes on December 31, 2014, for each of the inventory items above.

Answers

Answer:

Riegel Co.

                                      Item D    Item E    Item F    Item G    Item H    Item I

LCNRV                            $105      $92       $85        $70         $80        $66

Explanation:

a) Data and Calculations:

                                      Item D    Item E    Item F    Item G    Item H    Item I

Estimated selling price   $120      $110       $95        $90         $110       $90

Cost                                     75        80          80          80            50         36

Cost to complete                30        30         25          35             30         30

Selling costs                        10         18          10          20              10         20

Total costs:

                                      Item D    Item E    Item F    Item G    Item H    Item I

Cost                                     75        80          80          80            50         36

Cost to complete                30        30         25          35             30         30

Total costs                         105       110        105          115             80        66

NRV:

                                      Item D    Item E    Item F    Item G    Item H    Item I

Estimated selling price   $120      $110       $95        $90         $110       $90

Selling costs                        10         18           10           20             10         20

NRV                                 $110       $92         85         $70        $100       $70

Comparison of Total costs with NRV:

                                      Item D    Item E    Item F    Item G    Item H    Item I

NRV                                 $110       $92         85         $70        $100       $70

Total costs                        105        110        105          115            80         66

LCNRV                            $105      $92       $85        $70         $80        $66

Compare and contrast an operating budget with cash flow budget.

Answers

Answer:

hope this helps

Explanation:

An operating budget tends to have a longer time frame than a cash budget, although the period covered by an operating budget can be covered by a series of cash budgets. Operating budgets are tied to strategic, long-term plans, expressing a company's priorities based on its overall mission and direction

A firm has $800 in inventory, $1,400 in fixed assets, $500 in accounts receivables, $100 in net working capital, and $50 in cash. What is the amount of the current liabilities

Answers

Answer:

Add it all Together?

Explanation:

2850?

You have 24 cups of milk.
You need 1.25 cups to make one serving of deep-fried chicken.
How many servings can you make? Whole servings only - round down
rather than using partial servings.
Answer:
to make a servings of roast beef gravy.

Answers

Answer:

19.2 serving

Explanation:

Because if you have 24 cups of milk and need 1.25 cups to make 1 serving we would have to divide.

24 cups of milk - 1.25 cups of milk per serving = 19.2

Explain the formation of research proposal and it's format.

Answers

A research proposal is a document that outlines a researcher’s plan to conduct a specific research project.

What is research proposal?

A research proposal is a document that outlines the research project that one intends to undertake. It provides a summary of the background and rationale for the proposed study, outlines the research objectives and methods, and identifies potential resources and risks. The research proposal also serves as a map for the researcher in order to ensure the completion of the project within a specific timeline and budget. The research proposal should be free from plagiarism and should be written in an organized and professional manner.

The format of a research proposal may vary depending on the field of research, the institution, and the funding body.

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Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 30,000 bottles of wine were sold every week at a price of $6 per bottle. After the tax, 25,000 bottles of wine are sold every week; consumers pay $8 per bottle, and producers receive $5 per bottle (after paying the tax). The amount of the tax on a bottle of wine is $ per bottle. Of this amount, the burden that falls on consumers is $ per bottle, and the burden that falls on producers is $ per bottle. True or False: The effect of the tax on the quantity sold would have been smaller if the tax had been levied on consumers. True False

Answers

Answer:

The amount of tax is:

= Price paid by consumers - Price received by producers

= 8 - 5

= $3

Burden on consumers:

= Price after tax - Price before tax

= 8 - 6

= $2

Burden on Producers:

= Amount received before tax - Amount received after tax

= 6 - 5

= $1

The effect of the tax on the quantity sold would have been smaller if the tax had been levied on consumers. ⇒ FALSE.

Tax effects are the same regardless of if levied on consumers directly or on producers.

discuss possible causes of change for the business​

Answers

Change is an inevitable aspect of running a business. There are various internal and external factors that can cause changes in a business.

Market conditions: Changes in the market, such as increased competition, changes in customer preferences, or shifts in demand and supply, can cause a business to adapt and change its strategy.

Technological advancements: Rapid technological advancements can change the way businesses operate, leading to changes in production processes, customer interactions, and overall business operations.

Economic conditions: Changes in the economic environment, such as a recession, inflation, or changes in interest rates, can have a significant impact on the financial performance of a business and may require changes to its strategy.

Regulatory changes: Changes in government regulations or policies, such as tax laws, employment laws, or environmental regulations, can force a business to change its operations and adapt to new requirements.

Internal factors: Changes in management, organizational structure, or business processes can also cause changes in a business.

External factors: Natural disasters, political instability, or unexpected events can also have a significant impact on a business and force it to change its operations.

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Visits to national parks inspire people to plan another trip, to tell their friends, and often, to ask how they can help. We love that! . . . When you get involved, you help ensure that national parks and programs are relevant. Your ideas add strength to the work we do everyday to preserve special places and stories.

Which is the author’s purpose for writing this passage?

to inform
to persuade
to entertain
to reflect

Answers

Answer: To persuade

Explanation:

Answer:

is B

Explanation:edge 2021

stock price for vinyl record player?

Answers

To give you an idea the stock price, beginner to advanced record player installations can range from $50 to $450, depending on a number of variables.

What is current stock price?It is the latest trading price for a share of stock or any other security. The present price serves as the starting point in an open market. It shows the price that a buyer and seller would be prepared to accept for a later transaction involving that security.The current price is only an indication and not a promise. The future sale price on an exchange is not determined by the present price. The security's price will fluctuate over time as supply and demand factors change.Using the current value accounting method, assets are valued at their replacement cost rather than their initial cost.Cash price is the same as current price because it refers to the most recent quoted price on an exchange.

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NEED HELP ASAP
In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services

Answers

In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.

In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.

The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.

Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.

These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.

By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.

This enables businesses to operate efficiently and effectively, contributing to economic growth and development.

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C) Identify where ideas for service innovation
may come from.

Answers

Few primary sources are where most original ideas originate, and knowing where to focus your time and effort can be quite helpful. In the end, innovation derives from both internal and external sources.

Innovation is the process of developing an already existing concept into a new iteration. This could be anything from intricate technology to regular everyday items. The unique concepts on this list stand out to us since they enhance daily living. Some of them are already in use somewhere in the world, while others are only concept concepts that could one day become reality.

This could be anything from intricate technology to regular everyday items. The innovation unique concepts on this list stand out to us since they enhance daily living. Some of them are already in use somewhere in the world, while others are only concept concepts that could one day become reality. Some of these are actually on sale right now on Awesome Inventions.

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First Bank loaned $360,000 for 180 days to a company purchasing a rock-crushing machine. The bank sold the 7% simple interest note 120 days later at an 8% discount rate. Find the proceeds. Assume a 360-day year for both notes.

Answers

$367,632 is the answer

What can HR professionals do to mitigate concerns about pregnancy discrimination in the workplace? What does the law say companies need to do to avoid violating the rights of pregnant employees?

Answers

With our combined efforts as one HR, there is no cause we cannot influence. Knowing the law and interacting with expectant women are the greatest ways to stop pregnancy prejudice.

Employers place a high premium on discouraging pregnancy prejudice. The Pregnancy Discrimination Act of 1978's new EEOC rules have made it a particularly controversial topic in today's society. The best thing you can do to defend yourself in court is to train all managers or supervisors, but especially those who are directly in charge of supervising workers.

When you learn that a coworker is pregnant, you must show her respect and use caution. You should merely express gratitude to the worker for informing you. Offer pregnancy prejudice your support and assure her that, if necessary, you would make accommodation's that are reasonable in nature for her.

Never indicate that an employee's pregnancy is a burden on the company, and neither should your supervisors. Before approaching a pregnant employee, ask a member pregnancy prejudice of your human resources team any questions you may have about what to ask or not ask.

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Vibrant Company had $980,000 of sales in each of three consecutive years 2016–2018, and it purchased merchandise costing $540,000 in each of those years. It also maintained a $280,000 physical inventory from the beginning to the end of that three-year period. In accounting for inventory, it made an error at the end of year 2016 that caused its year-end 2016 inventory to appear on its statements as $260,000 rather than the correct $280,000.

Required:

1. Determine the correct amount of the company's gross profit in each of the years 2016-2018

2. Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of the years 2016-2018.

Answers

Answer:

(1)$440,000 (2) due to this error in inventory it had an effect on both years 2016 and 2017 because closing inventory of previous year will be opening inventory of the subsequent year.

Explanation:

Solution

Given that:

(1) The correct amount of gross profit in each of the years 2016-18  is given as follows:

The Gross profit = Sales- purchases +closing inventory-Inventory at beginning

The Gross profit = $980,000-540,000+280,000-280,000 =$440,000

(2)The Comparative income statement to show the effect of error in cost of goods sold of vibrant company is shown below:

Particular 2016      2017              2018          3 years total

Sales          $980,000  $980,000  $980,000    $2,940,000

Cost of goods sold

Purchases    $540,000 $540,000   $540,000   $1,620,000

add :Beginning inventory:

                     $280,000 $260,000    $280,000    280,000

Less: Closing inventory:

                     ($260,000) ($280,000)  (280,000)  (280,000)

Total Cost of goods sold:

                      $560,000  $520,000    $540,000   $540,000

Gross profit    $420,000  $460,000    $440,000   $440,000

For this error in inventory it had an effect on both years 2016 and 2017 because closing inventory of previous year will be opening inventory of the subsequent year.

                     

Ds games recommendation give me some :D

Thanks

Answers

Any lego game or any Pokémon game

If a customer does not have a driver's license, which of the following is an acceptable form of ID:
A. Passport
B. Student ID Card
C. Health Club Membership
D. Social Security Card

Answers

its either B or D i would think D more tho because you HAVE to have your social security card if u dont have a licence anyways.

Explanation:

Answer:

If a customer does not have a driver's license, which of the following is an acceptable form of ID:

A. Passport

B. Student ID Card

C. Health Club Membership

D. Social Security Card

Explanation:

I believe it's this one, You're welcome.

A significant economic challenge in a global business environment is:
managing consumer spending
managing multiple and varying currencies.
laws designed to protect historic sites.
access to high-speed wireless networks.

Answers

Answer:

managing multiple and varying currencies

Explanation:

brainliest please i have no brainliest :(

Consumer Protection Acts on Marketing Functions​

Answers

Answer:

Marketing must not be misleading or deceptive, for example, suppliers must not: give untrue characteristics about themselves, or their goods or services; or. ... A supplier must advertise goods or services only if they are available and can be supplied.

A company that accepts responsibility for a problem and does all that society expects to solve that problem is using:

a defensive strategy.
a proactive strategy.
an accommodative strategy.
a reactive strategy.

A tobacco company taking a reactive stance to the claims that smoking causes cancer would:

1. stop selling cigarettes as they are harmful to your health and actively warn consumers about the dangers of tobacco use.
2. create an advertising campaign, suggesting that breathing secondhand smoke was less dangerous than drinking milk.
3. sponsor advertisements on the impact that smoking can have on your health.
4. place a warning label on cigarette packages about the dangers of smoking.

Generally, there ___ a trade-off between being socially responsible and economic performance.

Answers

A company that accepts responsibility for a problem and does all that society expects to solve that problem is using: an accommodative strategy.

What is a Reactive Strategy?

This refers to the type of strategy that a person uses to respond to issues when they happen.

Hence, we can see that a tobacco company taking a reactive stance to the claims that smoking causes cancer would: 4. place a warning label on cigarette packages about the dangers of smoking.

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two ways in which young entrepreneurs can benefit from Black Industry Scheme​

Answers

Answer:

Two ways in which young entrepreneurs can benefit from the Black industrialist scheme are as follows: To gain the access to the private banking sector and finance, by equipping with the necessary equity BIP will enhance Black Manufacturing enterprises

Some of the external pressures to change include which of the following

Answers

Some of the external pressures to change include Social pressure.

What is meant by external pressures to change?

External pressures to change refer to the forces or influences that come from outside an individual or organization that can influence or drive the need for change. These pressures can be from a variety of sources such as competitors, regulatory bodies, customers, suppliers, or societal changes.

For example, external pressures to change can come from new technologies that are disrupting an industry, or from changes in customer preferences and expectations, or from regulatory changes that require an organization to change its practices.

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7. FINC 302 is a long-term debt where the face amount of each bond is GH¢ 1,000. The coupon rate is 20% to be paid semi-annually. The 5-year risk-free rate is 20% p.a. It is estimated that the risk premium appropriate to company Y is 6 percentage points

Answers

The required rate of return is 26.00% whereas the WACC is 23.00%

What is required rate of return?

The required rate of return is the rate of return that investors  expect from the stock based using the Capital Asset Pricing Model(CAPM) formula shown below:

required rate of return=risk-free rate+ risk premium

risk-free rate=20%

risk premium=6%

required rate of return=20%+6%

required rate of return=26.00%

What is WACC?

WACC means weighted average cost of capital is the sum of the cost of equity and the cost of debt multiplied by their respective weights in the firm's capital structure.

WACC=(required rate of return*weight of equity)+(cost of debt*weight of debt)

Note that there is an implicit assumption in this case that equity and debt have are 50%:50%

required rate of return=26%

cost of debt=coupon rate=20%

WACC=(26%*50%)+(20%*50%)

WACC=23.00%

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Complete question with requirement:

FINC 302 is a long term debt where face amount of each bond is GH¢ 1,000. The coupon rate is 20% to be paid semi annually. The 5-year risk free rate is 20% p.a. It is estimated that the risk premium appropriate to company Y is 6 percentage point.

Calculate the required rate of return and the WACC

What are the specific, current U.S. fiscal and monetary policies being enacted? Are they appropriate for the current economic environment?

Answers

To stimulate the economy and prevent it from falling into a worse recession or depression, the US government has chosen an expansionary policy and strong legislative measures.

The administration of interest rates and the total amount of money in circulation constitute the main objectives of monetary policy, which is often carried out by central banks like the U.S. Federal Reserve. 1The word "fiscal policy" refers to a government's overall taxing and spending decisions.

A nation's central banks create and oversee its monetary policies, which are aimed at controlling the money supply and interest rates in an economy. The way a government manages the factors of spending and taxation is known as its fiscal policy.

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When an interviewer says, “Tell me about yourself,” you should feel free to talk openly about your personal life.


False

True

Answers

Answer:

False

Explanation:

You should tell them about your personality and how others see you. Take for example your strengths and weaknesses as a person, or about your traits. If they ask you about your personal life keep it brief, they don't need too much info about that rather a small aspect of it.

Answer:

TRUE

Explanation:

Caitlin's lawyer suggests that she name a(n).
assets in the event of her death.
to receive her assets in the event of her death

Answers

Caitlin's lawyer suggests that she name someone, to receive her assets in the event of her death. Thus, option B is correct.

Who is a lawyer?

A lawyer can be defined as a person who has gone to school to get a degree regarding the same and passed the bar exam. A lawyer helps the person in the matter which are related to the court

The lawyer recommended to Caitlin that in case she dies or in case of, she should name someone to whom the assets would be transferred after her death or demise. it can be transferred to a person, or organization for a charity fund. Therefore, option B is the correct option.

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Answer:

b

Explanation:

Use what you have learned about managing risk to complete the following statements.
Smart phones are very expensive. You can purchase a protection plan that lets you
carrier.
Choosing to buy a case for your phone and being careful are ways to
vrisk.
risk with the phone

Use what you have learned about managing risk to complete the following statements.Smart phones are very

Answers

The phone can be risked by choosing to get a case for it and by being cautious. Hence, (B) is the best choice.

What is meant by Risk Management ?

Risks can come from a variety of sources, such as unpredictability in global markets, threats from project failures (at any stage of design, development, production, or sustaining of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events with unclear or unpredictable root causes.

Negative occurrences are categorized as dangers, whilst favorable events are categorized as opportunities. Many organizations, including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards (quality management standards)

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Answer:

Use what you have learned about managing risk to complete the following statements.

Smart phones are very expensive. You can purchase a protection plan that lets you

✔ share

risk with the phone carrier.

Choosing to buy a case for your phone and being careful are ways to

✔ reduce

risk.

Explanation:

Use what you have learned about managing risk to complete the following statements.Smart phones are very

Which is the BEST example of marketing within sports?

Answers

While super bowl ads and athlete endorsements are well-known examples of sports marketing in action, sports marketing also includes marketing that builds a brand around healthy or aspirationally athletic lifestyles. Using sports marketing strategies can add serious appeal for many consumers.

Are interest or dividends taxable

Answers

In case your taxable hobby profits is more than $1,500 otherwise you received interest as a nominee for the real proprietor, you need to additionally consist of that earnings on agenda B (form 1040 or 1040-SR), interest and everyday Dividends and connect it on your tax go back.

Interest is charge from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above reimbursement of the important sum, at a particular charge. It is distinct from a rate which the borrower may additionally pay the lender or some 1/3 party. Interest is the charge you pay to borrow cash or the cost you price to lend cash. Interest is most usually contemplated as an annual percentage of the quantity of a mortgage. This percentage is known as the hobby fee at the mortgage interest is described as the amount of cash paid for the usage of someone else's money. An example of interest is the $20 that became earned this yr for your financial savings account

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Which of these circumstances would NOT affect the supply of new automobiles? an improvement in automobile manufacturing technology a labor strike in the steel industry higher interest rates for new car financing a subsidy for struggling automobile manufacturers Dhruv jogs 8ft per second find the rate in miles Suppose a student has no more than t minutes to write an examination consisting of two questions, 1 and 2. He receives A points if he gets question 1 correct and B points if he gets question 2 correct. He knows that if he spends s minutes in question 1 (assume he uses up all his time), then1) the probability that he gets it correct is p(s)2) the probability that he gets the second one correct is q(t-s).Both p( ) and q( ) are strictly increasing and concave functions. In addition, assume there is no partial credit, and the student receives constant marginal utility for additional points.(Question a) Derive the equilibrium conditions for his optimal allocation of time between the two questions.(Question b) How is his allocation a ected by a change in A or B? The kinetic energy of an object is equal to one half Its mass multiplied by itsspeedA squaredB cubedC to the fourth powerD to the fifth power What is the meaning of market failure? Identify the fundamental causes of market failure and show how public finance programs can reduce the impact of market failure. Your answer is to be 2-3 pages long (3 maximum)(can the answer be clearly written and only sent/posted to me, i would like to use it as a guide) which of the following is not a deterrent to entry into an industry? group of answer choices prevalence of learning curves in the industry production that requires expensive machinery that can be resold high economies of scale in the industry excess capacity (e.g., factories can make more than the optimal industry production quantity) within the industry If mitochondria originated as prokaryotic symbionts, which characteristics might they share with prokaryotes? Select all that apply.A.chloroplastsB.circular DNAC.nucleusD.antibiotic s Windsor Inc. sells prepaid telephone cards to customers. Windsor then pays the telecommunications company, TeleExpress, for the actual use of its telephone lines related to the prepaid telephone cards. Assume that Windsor sells $4,100 of prepaid cards in January 2020. It then pays TeleExpress based on usage, which turns out to be 50% in February, 30% in March, and 20% in April. The total payment by Windsor for TeleExpress lines over the three months is $2,000. Indicate how much income Telephone Sellers should recognize in January, February, March, and April1. January income?2. February income?3. March income?4. April income? A 40.0 mL sample of 0.100 M HNO2 is titrated with 0.2M potassium hydroxide, KOH. Determine the pH at equivalence point and at half equivalence point. Identify the volume at the half equivalence. What does arcade mean crossing a river a small motorboat in still water main- tains a speed of 20 miles per hour. in heading directly across a river (that is,perpendicular to the current) whose current is 3 miles per hour, find a vector representing the speed and direction of the motorboat. what is the true speed of the motorboat? what is its direction? what is the main thing to teach to patients taking disulfiram/antabuse?**** !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Video: Small Rockets Are the Next Space Revolution. PLEASE HELP ME ASAP!!!!1. What are the three things that you must do if you want to democratize space? Briefly explain each of these things.2. How often can this private company launch a rocket in New Zealand? Why could it be difficult to launch this often?3. How does this company manufacture its rocket engines? How fast can they make these?4. What causes the most space junk? How does the Electron rocket help fix this problem? 4. Read the essay again and edit it for errors. Find and fix as many spelling, capitalization, and punctuation errors as you can. Pay special attention to the errors you learned about in the lesson, but look for other types of errors as well. You may write your edits directly into the essay. black cat How was hernan cortes able to conquer the Aztec empire Who were the participants in the Chinese Civil War of 1927-1949? What was the outcome? 3. If Retained Earnings had instead decreased $33,000 after the closing entries were posted, and the dividends remained the same, what would have been the amount of net income or net loss Shermika practices basketball for two hours each day. Write an expression for the number of hours she practices in D days ii habite _______ tokyo ______ japon