Homework Answers
The Five functional areas of a business are:
- Management
- Operations
- Marketing
- Accounting
- Finance
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QUESTION 4 When you own a business, you must be concerned about five functional areas of...
Internal business partnerships between supply and other functional areas such as marketing/sales, finance/accounting, a...
Internal business partnerships between supply and other functional areas such as marketing/sales, finance/accounting, and engineering are: Select one: O a. desirable because of the interdependencies between and among functions. O b. difficult to develop because supply has little impact on organizational goals. O c. unimportant because one area has no impact on the others. d. easily developed because all functional areas share goals and metrics. O e. not worth the time it takes to develop them.
Using the concept of Differences between business strategies and functional tactics, what do you learn about Blue Nile...
Using the concept of Differences between business strategies and functional tactics, what do you learn about Blue Nile that is important to strategy implementation for them? Blue Nile developed a simple business strategy that applied many distinct functional tactics. The strategic direction Blue Nile used was websites for the online foreign and domestic diamond purchasers at a discount. The tactics applied was they were not a brick and mortar business, their diamonds were high quality and rare, they did not...
You own a Pepsi bottling plant and you are concerned about filling the bottles to the...
You own a Pepsi bottling plant and you are concerned about filling the bottles to the correct level. Should you conduct a one tailed or two tailed hypothesis test? Explain
Explain why knowledge of information systems is important for business professionals and identify five areas of...
Explain why knowledge of information systems is important for business professionals and identify five areas of information systems knowledge that they need. Please provide support for your decision (using the book or article and you must cite the information) #BusinessInformationSystems
You are a very vocal and concerned resident in your community. You have heard your own...
You are a very vocal and concerned resident in your community. You have heard your own children who go to school in the district (community) talk about how "fat" the students are getting. Gym classes are barely offered and vending machines are everywhere. You want to see changes, but you don't know where to start. The entire school district is very comfortable with their current status. You have requested a joint meeting with the school board and the superintendent. The...
This Course is actually Introduction to Business Assignment Details You are about to start your own...
This Course is actually Introduction to Business Assignment Details You are about to start your own business and have many decisions to make. Dream big and become an entrepreneur. Before you can start your business, you need to think about the business form you will use in order to address the issues of risk, taxes, and management practices. As we learned in Unit 1, there are various types of business such as sole proprietorship, partnership, and corporations. Then share the...
Banks are concerned with debt to income and leverage. You have to fall within key areas...
Banks are concerned with debt to income and leverage. You have to fall within key areas to meet their requirements. Managers in your company must understand financial statements. The devil is in the details. A financial manager must also be concerned with the presentation of the financial statements as well. Why is it essential to understand the relationship between each of the financial statements (income, cash flow, balance sheet)?
All About You Many of you will some day own your own business. One rapidly growing...
All About You Many of you will some day own your own business. One rapidly growing opportunity is no-frills workout centers. Such centers attract customers who want to take advantage of state-of-the-art fitness equipment but do not need the other amenities of full-service health clubs. One way to own your own fitness business is to buy a franchise. Snap Fitness is a Minnesota-based business that offers franchise opportunities. For a very low monthly without an annual contract), customers can access...
5 Marks Learning Outcome(s): How IT/IS can support the various business functions. Question Three Use your...
5 Marks Learning Outcome(s): How IT/IS can support the various business functions. Question Three Use your own words to describe how IT/IS can support major functional areas in the business. Discuss at least two of these areas supporting your answer with real-world examples.
A regional director responsible for business development in the state of Pennsylvania is concerned about the...
A regional director responsible for business development in the state of Pennsylvania is concerned about the number of small business failures. If the mean number of small business failures per month is 9.8, what is the probability that exactly 4 small businesses will fail during a given month (to 4 decimals)? Assume that the probability of a failure is the same for any two months and that the occurrence or nonoccurrence of a failure in any month is independent of...
Internal business partnerships between supply and other functional areas such as marketing/sales, finance/accounting, and engineering are: Select one: O a. desirable because of the interdependencies between and among functions. O b. difficult to develop because supply has little impact on organizational goals. O c. unimportant because one area has no impact on the others. d. easily developed because all functional areas share goals and metrics. O e. not worth the time it takes to develop them.
All About You Many of you will some day own your own business. One rapidly growing opportunity is no-frills workout centers. Such centers attract customers who want to take advantage of state-of-the-art fitness equipment but do not need the other amenities of full-service health clubs. One way to own your own fitness business is to buy a franchise. Snap Fitness is a Minnesota-based business that offers franchise opportunities. For a very low monthly without an annual contract), customers can access...
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