Providing a satisfying experience for all stakeholders (participants, spectators, media, and sponsors) of an event is called hospitality.
What does sports event management entail?Managers of sporting events deal with a wide range of problems that arise in the process of organizing, planning, directing, and carrying out sporting events. Depending on variables like the scale of the sporting event, their responsibilities may be extremely wide or extremely narrow. hospitality. ensuring that all participants in an event have a positive experienceThe term "host community" is used when referring to the groups that make up an event's stakeholders group.First-line managers, middle managers, top managers, and team leaders are the four most prevalent categories of managers.To learn more about stakeholders refer to:
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write the answers down like this pleaseeeeee
''1)??''
The definition of the terms in the image is given below as they are correctly matched:
The Definition of the termsAsset: An asset is any resource or property that has value and can be owned by a person, business or organization. Examples of assets include cash, property, investments, inventory, and equipment.
Debit: A debit is an accounting entry that represents an increase in assets or a decrease in liabilities or equity. In double-entry bookkeeping, a debit entry is recorded on the left-hand side of an account ledger.
Credit: A credit is an accounting entry that represents an increase in liabilities or equity or a decrease in assets. In double-entry bookkeeping, a credit entry is recorded on the right-hand side of an account ledger.
Capital: Capital refers to the money invested in a business by its owners or shareholders. It can also refer to the assets owned by a business that can be used to generate income.
Liabilities: Liabilities are debts or obligations owed by a business to other parties. Examples include loans, accounts payable, and taxes owed.
Cash payments: Cash payments refer to any money paid out by a business or individual for goods, services, or other expenses.
Profit: Profit is the amount of money that a business earns after subtracting all of its expenses from its revenue.
Cash receipts: Cash receipts refer to any money received by a business or individual for goods, services, or other income.
Owner's equity: Owner's equity represents the residual value of a business after all liabilities have been paid off. It is the value of the assets that the owner or owners of the business can claim as their own.
Transactions: Transactions refer to any exchange of goods or services that takes place between two or more parties.
Sole trader: A sole trader is a business owned and operated by a single person.
Income: Income refers to any money earned by a business or individual from the sale of goods or services.
Expenses: Expenses refer to any money spent by a business or individual in order to generate income or operate a business.
Accounting equation: The accounting equation is a fundamental principle of accounting that states that assets must always equal liabilities plus owner's equity.
Loss: A loss occurs when a business's expenses exceed its revenue, resulting in a negative net income.
Bank: A bank is a financial institution that accepts deposits from customers and provides loans and other financial services.
Subsidiary journal: A subsidiary journal is a book of accounts that records transactions for a specific type of transaction, such as purchases or sales. It is used to simplify the process of recording transactions in the general ledger.
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Joanne runs a company that produces mattresses. Her fixed costs include electricity and labor. She recently increased the capacity of production, which increased these fixed costs. What has Joanne done to the production of her company?
Joanne has ____ the production.
Answer:
not sure but increased seems right
Explanation:
Because she increased the capacity of production which increased these fixed cost, then, she has decreased expected profit of the production.
What does increased Fixed cost do?In production, any increase in fixed cost will increase total cost and will impct on level of profit which will decrease.
In conclusion, as she increased the capacity of production which increased these fixed cost, then, she has decreased expected profit of the production.
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May you help me with this business question I and very struggling
Answer:
availability of direct deposit
When will the Social Security fund dry up at Its current level?
• A.
2022
© B.
2027
• C
2037
© D. 2097
© E. 2117
Answer:
c. 2037
Explanation:
As a result of changes to Social Security enacted in 1983, benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted.
In cell H4, calculate the donation amount by multiplying the Streaming Revenues by the percentage in cell I1, using absolute references as needed
Answer:
=G4*$I$1
Explanation:
Answer:
=Table1[Streaming Revenues]-Table1[Donation]
Explanation:
List and compare the four components of the expenditure approach to calculating GDP.
Answer: The four components of expenditure approach to calculating GDP include expenditure from government sector , household sector ,private sector and external sector .
Explanation: GDP is total value of goods and services produced in an economy in a given financial year. GDP can be calculated by different ways. Expenditure approach is one of them.
calculated by formula : C+I+G+X-M
Expenditure approach looks at the expenditure side of all the sectors in calculating GDP. The household sector spends only on the consumption goods.The private sector spends only on capital goods. Government sector purchases both capital and consumption good. The external sector also purchases both consumption and capital goods. The external sector here means total exports minus imports.
GDP formula here is same for calculating aggregate demand too.
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Assume you are a trader with Deutsche Bank. From the quote screen on your computer terminal, you notice that Dresdner Bank is quoting €0.7627/$1.00 and Credit Suisse is offering SF1.1806/$1.00. You learn that UBS is making a direct market between the Swiss franc and the euro, with a current €/SF quote of .6395. Show how you can make a triangular arbitrage profit by trading at these prices. (gnore bid-ask spreads for this problem. Assume that you have $5,000,000 with which to conduct the arbitrage).
a. buy $50,000 or sell €25.000) :____________
b. (e.g., buy $50.000 or sell €25,000) :_________
To make a triangular arbitrage profit, we need to find a set of exchange rates where the cross exchange rate derived from the exchange rates differs from the direct exchange rate quoted by a market maker.
Let's start by calculating the implied exchange rate between euros and Swiss francs using the quotes provided:
1 euro = 0.7627 USD (quote from Dresdner Bank)
1 USD = 1.1806 CHF (quote from Credit Suisse)
Multiplying these two exchange rates gives us the cross rate:
1 euro = 0.7627 USD x 1 CHF/1.1806 USD = 0.6456 CHF
The current market rate for the euro/Swiss franc exchange rate from UBS is 1 euro = 0.6395 CHF.
Comparing the two exchange rates, we see that we can make a triangular arbitrage profit by buying euros using US dollars, then using those euros to buy Swiss francs, and finally using those Swiss francs to buy US dollars again.
Starting with $5,000,000, we can execute the following trades:
a. Buy euros with US dollars:
$5,000,000 / 0.7627 USD/EUR = €6,546,971.23
b. Buy Swiss francs with euros:
€6,546,971.23 x 0.6395 CHF/EUR = CHF 4,183,397.25
c. Buy US dollars with Swiss francs:
CHF 4,183,397.25 x 1.1806 USD/CHF = $3,939,145.75
We started with $5,000,000 and ended up with $3,939,145.75, making a profit of $60,854.25.
As per the condition, the yield profit is $ 51036, and the yield loss is $50519. The €/SF price in triangular arbitrage is € 0.6460/SF 1.00.
Triangular arbitrage is a low-risk method of generating money for currency traders that use algorithmic transactions to profit from differences in exchange rates.
Here,
Dresdner Bank is quoting €0.7627/S1.00Credit Suisse is offering - SF1.1806/$1.00The Swiss franc and the euro, €/SF quote of .6395For arbitrage Profit:
Condition-a
1. Deutsche Bank trader would sell $5,000,000 to Dresdner Bank at €0.7627/$1.00.
Trade value yield-$5,000,000 x 7627 €3,813,500
2. The Deutsche Bank trader would then sell the Euros for Swiss francs.
Trade value yield-€3,813,500/6395-SF 5,963,253
3. The Deutsche Bank trader will resell the Swiss francs to Credit Suisse.
Trade value yield = SF 5,963,253/1.1806-$5,051,036
Yield profit=$5,051,036-$5,000,000-$51,036 = $ 51036
Condition-b
4. If the Deutsche Bank trader initially sold $5,000,000 for Swiss francs, instead of Euros
Trade value yield-$5,000,000 x 1.1806.-SF 5,903,000
5. The Swiss franc would in turn be traded for Euros to UBS
Trade value yield - SF 5,903,000 x 6395-€3,774,969
6. The Euros would be resold to Dresdner Bank
Trade value yield = €3,774,969/7627-$4,949,481
Yield profit = $4,949,481-$5,000,000 = loss of $50519
The (E/SF) cross-exchange rate should be. 7627/1.1806 = .6460
Francs are purchased for only €0.6395/SF1.00 instead of the no-arbitrage rate of €0.6460/SF1.00
Each Swiss franc is sold for €0.6395/SF1.00
ESF price in triangular arbitrage is € 0.6460/SF 1.00.
Therefore, the following conditions as follows:
a. Yield profit = $ 51036, Yield loss = $50519.
b. €/SF price in triangular arbitrage = € 0.6460/SF 1.00.
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This is an incomplete question the complete question is:
Assume you are a trader with Deutsche Bank. From the quote screen on your computer terminal, you notice that Dresdner Bank is quoting €0.7627/$1.00 and Credit Suisse is offering SF1.1806/$1.00. You learn that UBS is making a direct market between the Swiss franc and the euro, with a current €/SF quote of .6395. Show how you can make a triangular arbitrage profit by trading at these prices. (Ignore bid-ask spreads for this problem.) Assume you have $5,000,000 with which to conduct the arbitrage.
a. What happens if you initially sell dollars for Swiss francs?
b. What €/SF price will eliminate triangular arbitrage?
Sunland Real Estate Company management is planning to fund a development project by issuing 10-year zero coupon bonds with a face value of $1,000. Assuming semiannual compounding, what will be the price of these bonds if the appropriate discount rate is 9.8 percent?
Answer:
$384.141
Explanation:
Given the following :
Discount rate (r) = 9.8%
Semi-annual compounding
Face value = $1000
Period (t) = 10 years
Price of zero-coupon bond (P) :
Face value / ( 1 + r)^t
r =. 9.8%, compounded semianually
r = (9.8 / 100) = 0.098 / 2 = 0.049
Period (t) = 10 * 2 = 20
P = 1000 / (1 + 0.049)^20
P = 1000 / 1.049^20
P = 1000 / 2.6032
P = 384.14062
P = $384.141 ( 3 decimal places)
Tom is a very discerning individual who keeps track of his income and expenditures. He lives in a rented house but wants to own a house in the future. To do this, Tom prepares an elaborate plan and tries sticking to it very strictly. However, he is concerned about eventualities that might occur in the future and disturb his plan. Which practice can help him prepare for any problems with his plan?
A- Regularly review and revise his plan
B- Get his plan reviewed and recreated by a financial expert
C- Make several investments to increase his source of income
D- abstain from making expenses, excluding few necessary ones
If Tom is a very discerning individual who keeps track of his income and expenditures. The practice that can help him prepare for any problems with his plan is; A- Regularly review and revise his plan.
What is planning?Planning can be defined as the way in which a person tend to develop or create a goal that he/she intend to achieve and work towards achieving it.
Based on the given scenario by regularly reviewing and revising his plan can help him prepare for any problems with his plan based on that that reviewing his plan will help him to known what may have negative effect or positive effect on his plan.
Therefore the correct option is A.
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for what production levels does this company make a profit? the company makes a profit when production is
The company makes a profit when its production levels are high enough to cover its fixed and variable costs and still have some revenue left over. The exact production levels that will result in a profit will depend on a variety of factors, including the company's cost structure, the price of its products, and the demand for its products.
To determine the production levels that will result in a profit, the company can use the following formula:
Profit = Total Revenue - Total Cost
Total Revenue = Price x Quantity
Total Cost = Fixed Cost + Variable Cost
By plugging in different production levels (quantities) into this formula, the company can determine the production levels that will result in a profit. For example, if the company's fixed costs are $1000, its variable costs are $2 per unit, and it sells its products for $5 each, it can calculate its profit at different production levels as follows:
Profit at 100 units = ($5 x 100) - ($1000 + $2 x 100) = $500 - $1200 = -$700 (loss)
Profit at 500 units = ($5 x 500) - ($1000 + $2 x 500) = $2500 - $2000 = $500 (profit)
Profit at 1000 units = ($5 x 1000) - ($1000 + $2 x 1000) = $5000 - $3000 = $2000 (profit)
Based on these calculations, the company will make a profit when its production levels are 500 units or higher.
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As people use more and more of a product, they encounter increasing marginal utility.
Select one:
True
False
Answer:
True
Explanation:
Utility is the satisfaction derived from consuming a product or service i.e the pleasure or happiness a consumer gets in using a product.
Marginal Utility on the other hand is the additional, extra satisfaction or benefits that an individual or consumers derives from buying an additional unit of a commodity or service. This simply states that when someone buys a particular product and consumes more of that product such person has undergo increasing marginal utility.
E.g Mr. A bought pasta yesterday and buy same today and day after , he's only buying cause of the satisfaction he derives in consuming pasta. And by so doing, he has encounter and increasing marginal utility.
Explain in brief about market development
Answer:
Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.
Answer:
Definition: Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales
Explanation:
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Good credit give you option. Bad credit take away your option. Chooe the one correct anwer
The correct answer is good credit gives you options.
What is Credit?An official business document that a seller issues to a buyer are a credit note or credit memo. The credit note serves as the sales return journal's primary source document.The credit note, therefore, provides evidence of the sales drop. A credit memo, sometimes known as a "credit memorandum," is a document that details a decrease in the amount that a buyer owes a seller in accordance with an earlier invoice.In the absence of a deposit, such as when the bank collects the depositor's note due, it can also take the form of a letter from a bank to a depositor confirming that the depositor's balance is being kept.To learn more about Credit from the given link
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Enter text- Apply A text Effect
Hire purchase is a business idea in which owners consent to renting out their products to a third party (the hirer), with the option for the hirer to acquire the products upon the expiry of the hire purchase agreement. Describe FIVE (5) of the legal rights (as stated by the Hire-Purchase Act of 1967) that hirers have under a hire-purchase agreement.
Under the Hire-Purchase Act of 1967, hirers have legal rights that include possession of the goods, the ability to terminate the agreement, early settlement options, receiving a statement of account, and the right to seek redress in case of disputes or breaches of the agreement.
Under the Hire-Purchase Act of 1967, hirers have several legal rights when entering into a hire-purchase agreement. Here are five of these rights:
Right to possession: The hirer has the right to possess and use the goods during the hire-purchase period. This means they can enjoy the benefits of using the products while fulfilling their payment obligations.Right to terminate the agreement: The hirer has the right to terminate the hire-purchase agreement at any time before the final payment is made. This allows the hirer to return the goods and discontinue the agreement, typically by giving notice to the owner or finance company.Right to early settlement: The hirer has the right to settle the outstanding balance before the end of the hire-purchase period. By doing so, the hirer can acquire ownership of the goods earlier than originally agreed upon.Right to receive a statement of account: The hirer has the right to receive a statement of account from the owner or finance company, which provides details about the payments made, the outstanding balance, and any other relevant information pertaining to the hire-purchase agreement.Right to redress: If the hirer encounters any issues or disputes regarding the hire-purchase agreement, they have the right to seek redress. This includes the right to file a complaint, seek resolution through mediation or legal proceedings, and pursue compensation or damages if the owner or finance company has breached the terms of the agreement.It's important to note that the specific rights and provisions under a hire-purchase agreement may vary depending on the jurisdiction and the terms agreed upon by the parties involved. Therefore, it is advisable to consult the relevant legislation and seek legal advice for accurate and up-to-date information regarding hirers' rights in a particular jurisdiction.
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when mr. wilson worked full time, he paid a cleaning service to have his house cleaned every week. now that he is retired, mr. wilson does his own cleaning. what is the effect of this change in who does this task on gdp?
The change in who does the cleaning task from a paid cleaning service to Mr. Wilson doing it himself has no direct effect on GDP (Gross Domestic Product).
How is this so?GDP measures the total value of goods and services produced within a country'sborders over a specific period.
Since Mr. Wilson's cleaning activity was previously included in the GDP when he paid for the cleaning service,and now it is considered a non-market activity done by himself, it is not included in GDP calculations.
GDP primarily focuses on market transactions that involve monetary value.
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suppose a bank has $1 million in deposits, a required reserve ratio of 25 percent, and total reserves of $600,000. then it has excess reserves of
The bank has excess reserves of $350,000.
Excess reserves occur when a bank has more reserves than it needs to meet these requirements. These excess reserves can be held in the form of cash, government securities, or other highly liquid assets.
Banks may choose to hold excess reserves for a variety of reasons. One reason is to ensure that they have enough liquidity to meet the demands of their depositors in the event of a sudden withdrawal of funds. Another reason is to take advantage of higher interest rates on excess reserves, which can generate additional income for the bank.
The level of excess reserves in the banking system can have important implications for monetary policy. When excess reserves are high, banks may be less willing to lend, which can limit the flow of credit to the economy. Conversely, when excess reserves are low, banks may be more willing to lend, which can stimulate economic growth.
Excess reserves = Total reserves - Required reserves
Excess reserves = $600,000 - $250,000
Excess reserves = $350,000
Therefore, the bank has excess reserves of $350,000.
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What is a loan???????????
Answer:
Uhm i did not see the points at first lol im in 6 grade
Explanation:
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.- WIKEPIDIA
Answer:
yes
Explanation:
The total of all accumulated and unpaid deficits a situation in which revenue exceeds outlays a situation in which outlays exceed revenue the fee that borrowers pay to debt holders.
Answer:
The total of all accumulated and unpaid deficits is called debt.a situation in which revenue exceeds outlays is called surplusa situation in which outlays exceed revenue is called deficit the fee that borrowers pay to debt holders is called interestExplanation:
Debt, Surplus, Deficit, and Interest are all finance and budgeting terminologies.
Periodically, and over a specific period of time, governments, organizations (for-profit and not-for-profit), formal and informal groups, create an estimate of expenses related to their operation as well as an estimate and source(s) of revenue to be generated in order to service such expenses. This activity is called Budgeting.
After a budget is created, it may be visited for review periodically to check for variances. A variance is simply the amount by which the estimated figures differ from the actual figures.
Cheers
Two grams of musk oil are required for each bottle of mink caress, a very popular perfume made by a small company in western siberia. the cost of the musk oil is $2.10 per gram. budgeted production of mink caress is given below by quarters for year 2 and for the first quarter of year 3:
Answer:
Since there is not enough room here, I used an excel spreadsheet and attached it.
Explanation:
Year 2 Year 3
First Second Third Fourth First
Budgeted prod. 84,000 114,000 174,000 124,000 94,000
in bottles
Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter’s production needs. Some 33,600 grams of musk oil will be on hand to start the first quarter of Year 2.
why do business need funding
Which of these is a nonstore retailer?
A. Vending machine
O B. Department store
C. Warehouse club
O D. Supermarket
A Vending machine is a non-store retailer. Thus option (A) is correct. A retailer is a person or business that you purchase goods from.
Who is a retailer?A retailer is an individual or an entity that deals directly with consumers. It can be a business that sells and goods and service to consumers through brick and mortar store or an online platform.
A Retailer can be a small store or a large enterprise that deals in an assortment of products. Walmart and Amazon are some of the well-known retailers.
The fact that retailers deal with end consumers is one of the reasons why most of them deal in a wide array of products ranging from clothing to jewelry books as well as electronics.
Most modern retailers typically make a variety of strategic level decisions including the type of store, the market to be served, the optimal product assortment, customer service, supporting services, and the store's overall market positioning.
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A context diagram of the Cargo Shipping Process from the perspective of the CArgo Section at CaribAir
The context diagram provides a high-level view of the cargo shipping process and the interactions between the Cargo department at CaribAir and its external entities. It helps to ensure that all stakeholders are accounted for and that the system operates effectively and efficiently to meet the needs of its customers.
A context diagram is a high-level view of a system that shows its interactions with external entities. In the context of the cargo shipping process from the perspective of the Cargo department at CaribAir, the context diagram would illustrate the external entities that interact with the department, including customers, shipping agents, freight forwarders, and other stakeholders.
The Cargo department at CaribAir is responsible for managing the shipment of goods via air transport. This involves receiving and processing orders from customers, coordinating with shipping agents and freight forwarders, preparing cargo for transport, and ensuring that it is delivered to its destination safely and on time.
The context diagram would show the external entities that interact with the Cargo department at CaribAir, including customers who place orders, shipping agents who provide information on cargo availability and transportation options, freight forwarders who coordinate the shipment of goods, and other stakeholders such as customs authorities and regulatory bodies.
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Complete question:
Describe the context diagram of the cargo shipping process from the perspective of the CArgo department at CaribAir and understand what CArgo is
If a taxpayer sells a passive activity with suspended passive activity losses from prior years, what type of income can be offset by the suspended passive losses in the year of sale
The appropriate response to treating a person's net losses from passive activity is Net losses from passive activities are suspended and carried forward to reduce future passive income.
Losses from passive activities, such as rental activities or investments in limited partnerships, occur when a person does not actively participate in them. The amount of passive activity losses.
That a person can deduct from their other sources of income is typically capped by the IR erroneous since losses from passive activities that exceed income from similar activities are carried over to subsequent years rather than permanently barred similarly erroneous since net passive activity losses in the current year cannot be subtracted from portfolio income somewhat accurate since, under certain circumstances, a taxpayer may choose to deduct net passive activity losses from active and portfolio income.
Complete question:
If a taxpayer sells a passive activity with suspended passive activity losses from prior years, what type of income can be offset by the suspended passive losses in the year of sale of the assets.
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Why would applying to as many scholarships as possible reduce your student debt?
Most scholarships provide financial/tuition aid. This means more of your tuition is paid out of the organization/government's pocket, versus out of your own. With no scholarships, you'd likely need to get a loan to fully pay off tuition; which would launch you into student debt. With partially paid off tuition, you don't need nearly as much money for tuition (but likely still need a loan), so this debt would be reduced by quite a bit.
the lerner index is question 4 options: a) a measure of market power. b) the ratio of the difference between price and marginal cost to price. c) equal to (price - mc)/price d) all of the above.
The Lerner index is a a measure of market power. Abba P. Lerner, a Russian-British economist, formalized it in 1934.
The index essentially calculates the percentage markup that a business can add to its marginal cost. The index has a range of 0 to 1, with 1 being the highest value. The corporation can charge more than its marginal cost the higher the value of the Lerner index, which increases its monopoly power.
A clear indicator of monopoly power is the Lerner index. However, due to the challenge of precisely estimating costs in actual operations, its usage is generally relegated to theoretical studies. The Herfindahl-Hirschman index and other metrics are more frequently employed to assess monopolistic power using actual industry data.
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How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answer:
it is (C)
Explanation:
data can become information and from information knowledge may be derived, if we know how to generate it. based on your recent reviews of the news media where such terms like big data, data mining and knowledge discovery may be found, you may have noticed that information and knowledge drive change in business competitiveness, technological advancement and innovation. based on what you have learned so far about innovation and how it happens, explore the role that information and knowledge driven technologies play in innovation. discuss your thoughts on the following the following questions what is important to an organization to remain or become competitive? what are the forces that drive change and encourage innovation? what among these things specifically drives a given organization into innovation? support your thoughts and ideas with references from relevant articles in the news media and/or the web.
An organization must remain competitive in order to remain successful and remain in business. To do this, it must be able to keep up with changing trends, technologies, and customer needs. Big data, data- mining, and knowledge discovery are all tools to help organizations remain competitive and innovate.
Big data, data mining, and knowledge discovery allow organizations to analyze large amounts of data to gain insights and draw conclusions that can help them make better and more informed decisions. By utilizing these technologies, organizations can identify trends in customer behavior, gain insights into industry developments, and create new products and services to stay ahead of the competition. Forces that drive change and encourage innovation include customer demand, competition, and technological advances. These forces can create the need for organizations to innovate in order to stay competitive. Organizations must be able to identify trends and anticipate customer needs in order to stay ahead of the competition. Big data, data mining, and knowledge discovery can help organizations identify customer needs and trends, and develop new products and services to meet those needs. Innovation also requires organizations to take risks and invest in research and development to create new products, processes, and services. Big data, data mining, and knowledge discovery can help organizations identify potential areas.
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3. Describe the purpose of the SEC. (1-4 sentences 2.0 points)
Answer:
The Securities and Exchange Commission (SEC) is a federal body tasked with safeguarding investors from fraud and ensuring the market's fairness and efficiency in the United States. One of its key objectives is to require all types of investments to be disclosed to both small and large firms.
The Securities and Exchange Commission (SEC) was established in 1934 to enforce the 1933 Securities Act. It was created, in large part, to fill the void left by the absence of a government regulatory body to regulate the U.S. stock markets during a period of significant financial volatility. It was shortly broadened to include the 1940 Investment Advisers Acts as well. Today, the agency is responsible for enforcing and amending federal securities laws, as well as coordinating U.S. securities regulations with other countries.
Explanation:
Why is social service a more respectable job?
Answer:
they provide public services
Explanation: