Answer:
The correct answer is Relationship integration.
Explanation:
It is defined as the ability of companies to develop social connections that serve to guide their interactions when they work together. More specifically, relationship integration is the ability to develop and maintain a shared mental framework between companies that describes how they will depend on each other when they work together.
Which of the following modes of cargo transport can be characterized as being inexpensive, very slow and inflexible, and good for transporting very heavy, very bulky, and containerized cargo?
Answer:
water carrier transports
Explanation:
Based on the information provided within the question it can be said that the mode of transportation that is characterized exactly as is described in the question are water carrier transports. These are giant ships that transport shipping containers filled with all sorts of goods through different naval routes. Since they can take a wide variety of containers at any given moment it makes them the cheapest and safest option.
A period marked by rising unemployment and high inflation is called a
Answer:
Stagflation
Explanation:
Stagflation is a period of slow economic growth, rising unemployment rate and high inflation rate.
Stagflation was first noticed in the US in the 1970s.
Stagflation is usually caused by an increase in money supply and a simultaneous decrease in money supply.
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase daily sales. In order to determine the effectiveness of the advertising campaign, a sample of 49 day's sales were taken. The sample showed an average daily sales of $6,300. From past history, the restaurant knew that its population standard deviation is about $1,000. If the level of significance is 0.01, do the sales increased as a result of the advertising campaign?
Answer:
Yes
Explanation:
The 0.01 percent of the deviation plus the 0.01 percent of the sales average is not enough to get to the $6,300 daily, which means that the factor of the increase sales is the advertising campaign.
Preferred stock issued in exchange for land would be reported in the statement of cash flows in
Answer:
The correct answer is a separate schedule.
Explanation:
They are called preferred shares because they have priority over common shares in the payment of dividends or upon settlement, although they are subordinated to the payment of bonds or obligations. Their conditions are negotiated directly between the issuing entity -bank- and the Investor or shareholder. They are a high financial risk asset that can give high bank interest or large losses .
Preferential securities generally do not have the right to vote, but may have priority over common shares in the payment of dividends and upon settlement. Preferential securities may have a dividend that is paid before any dividend that is being paid to common shareholders. Preferential values may have the characteristic of convertibility into common shares. In bankruptcy, preferential investors will be paid with assets before common shareholders and after bankrupt creditors. The conditions of the preferential values are established in a “Certificate of Designation”.
Isabella is working with her boss on how to achieve the goals that have been set for the next year. So far they have agreed that Donna will start a graduate degree, she will be given 2 trainee assistants, and her budget allocation will be increased by 20%. What is Isabella doing?a) Critical incident
b) MBO
c) BARS
d) MARS
e) Checklist appraisal
Answer:
B) MBO
Explanation:
An MBO is a secondary vocational education program carried out in the Netherlands. It lasts for four years and its courses go from assistant training, basic vocational training, professional training and finally middle-management training. It is basically the dutch equivalent of technical college, since you start the MBO when you are around 18 years old. After you complete your MBO you can continue your college education.
The MBO covers a lot of professions but it is basically hands on training, since between 20 -60% of the time is practical training (they work as someone else's assistant or trainee).
Isabella is her boss's trainee and since she is about to graduate, she must start training 2 new assistants.
A statement of cash flows usually does not include which of the following?
a. Net income
b. Increase in accounts receivable
c. Contributed Capital
d. Depreciation expense
e. All of the above.
Answer:
c.
Explanation:
A cash flow statement is a financial report that a company creates and completely details where the company's is receiving money from as well as how that money is being spent throughout a certain time period. Based on the answers provided, it can be said that all of them are part of a cash flow statement except for Contributed Capital. This is a the total value of the stocks that shareholders purchased from the company. Even though this is a money input for the company it does not get included in the cash flow statement.
Which leader behavior is most appropriate for a group of employees who are working together for the first time and are eager to begin but lack the experience and confidence needed to perform their roles?
a. Telling
b. Selling
c. Encouraging
d. Participating
e. Delegating
Answer:
Encouraging
Explanation:
Encouraging the new one is always be the best option to direct for positive roles. Encouraging is the best part of the result which motivates subordinates or even higher official to put out best from them.
It should be the duty of the leader of project to motivate or encourage their juniors or subordinates when they joined for the first time. at this time they need some positive words and emotion from the higher official so that they can put their efforts in positive direction.
MC 07 Countries A, B, and C are at a particular... Countries A, B, and C are at a particular level of economic integration. All these countries enjoy reduced or eliminated internal tariffs on trade between them and have added a common external tariff on products imported from countries outside the union. If these countries remove all restrictions on the free flow of capital and labor among themselves, they represent a Multiple Choice free trade area. common market. political union. preferential trade area.
Answer:
common market
Explanation:
We are not told anything about the political status of contries A, B and C, so we should assume that they lack political unity, therefore they are forming only a common market.
A common market is defined by a group of countries that impose few or no duties to common trade between them, but impose common tariffs on external trade.
The European Union started as a common market during the 1960s and 1970s known as the European Economic Community. Then it evolved into a political union. Another example would be the Mercosur in South America.
The change in retained earnings is affected by which of the following?
Select one:_________
a. Payment of dividends and common stock.
b. Net income and common stock.
c. Net income and payment of dividends.
d. Net income and paid-in capital.
Answer:
c. Net income and payment of dividends.
Explanation:
The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
Hence, the appropriate option is c.
Retained earnings are affected by the net income and the payment of dividends. Net income can increase retained earnings, while payment of dividends decreases retained earnings.
Explanation:The change in retained earnings is affected by both net income and the payment of dividends. Option c is the correct choice. Retained earnings refer to the net income that a company keeps after it has paid dividends to its investors. When a company generates net income, it has a choice: it can either distribute these earnings to the shareholders in the form of dividends or retain them within the company. The money that is kept or 'retained' in the business then becomes part of the 'retained earnings'. Conversely, when a company pays dividends, it decreases its retained earnings.
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Furniture Shine is introducing an improved version of its existing wax targeted to owners of antiques. The firm has decided to leave the original wax in the mix aimed towards residential owners. Furniture Shine is employing a _____ product strategy.
Answer:
modified product - multiple markets
Explanation:
This type of strategy consists of offering different products, which are modified versions of some exiting product, to new markets.
In this case, the improved version of the wood wax is a modified version of the old wood wax, and is going to be targeted to a new and specific market (antique owners), while the original version is still going to be targeted at the current market.
Which statement below best answers the economic question How to produce? A. Marco's products sell at prices ranging between $2 and $125. B. Marco sells his products at art shows, online, and by word of mouth. C. Marco uses locally harvested wood from a sustainable tree farm to make his products. D. Marco works as an independent artisan, crafting wooden figurines, toys, and games.
Answer: Marco uses locally harvested wood from a sustainable tree farm to make his products.
Explanation: According to economics before production a manufacturer needs to ask himself some critical questions, which are:
-What to produce
-Where to produce
-How to produce
How to produce is a question a producer should ask, regarding how the producer would go about production: the raw materials needed and the steps taken to produce the product.
Answer:
C. Marco uses locally harvested wood from a sustainable tree farm to make his products.
Explanation:
Holtzman Clothiers’s stock currently sells for $38.00 a share. It just paid a dividend of $2.00 a share (i.e., D(0) = $2.00). The dividend is expected to grow at a constant rate of 5% a year. What stock price is expected 1 year from now? What is required rate of return?
Answer:
Price in one year is $39.9
Required rate of return is 10.53%
Explanation:
Given:
Selling price of stock (P0) = $38
Dividend (D0) = $2
Growth rate = 5%
Stock price after a year = 38 × (1+0.05)
= $39.9
Stock price expected 1 year from now is $39.9
Using Gordon's constant dividend model to compute required rate of return:
r = [tex]\frac{D1}{P0} +g[/tex]
D1 = D0 (1+0.05)
= 2 × 1.05
= $2.1
Substitute the values in the above formula:
r = [tex]\frac{2.1}{38} +0.05[/tex]
= 0.1053 or 10.53%
The expected stock price of Holtzman Clothiers 1 year from now is $40.10. The required rate of return for holding this stock is 10.24%.
Explanation:The question pertains to two main concepts: expected stock price in the future and required rate of return. Firstly, to calculate the expected stock price 1 year from now, you need to account for the growth in the dividends. Given that the dividends of Holtzman Clothiers are growing at 5% per year, the dividend 1 year from now, D(1), will be $2.00*(1+5%) = $2.10. This represents the dividends that will be paid out next year. If you incorporate this into the current stock price, the expected stock price 1 year from now thus becomes $38 + $2.10 = $40.10.
Secondly, the required rate of return would be the sum of the dividend yield and the capital gains yield. Considering that the dividend payout is $2.10 and the expected stock price is $40.10, the dividend yield is $2.10 / $40.10 = 5.24%. As the dividends are growing at 5%, this is also the capital gains yield. So, the required rate of return for an investor would be 5.24% + 5% = 10.24%. This means an investor requires a return of 10.24% to hold Holtzman Clothiers's stock.
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According to the __________, companies go through long, simple periods of environmental stability, followed by short, complex periods of dynamic, fundamental environmental change, finishing with a return to environmental stability.
Skinner rejected ____ as a valid personality characteristic extinction reinforcements self-control traits
Answer: All of the answers
If an activity generates a positive externality, the government can increase total economic surplus by ______the activity, and if an activity generates a negative externality, the government can increase total economicsurplus by ______ the activity.
A.taxing; banning
B.subsidizing; banning
C.subsidizing; taxing
D.publicizing; taxing
Answer:
C.subsidizing; taxing
Explanation:
When an activity generates positive externality, the benefits to third parties not involved in production or consumption exceeds the costs. Government can encourage the production of goods that provide positive externality by subsidizing production. Production activities that can generate postive externality is research and development.
When an activity generates negative externality, the benefits to third parties not involved in production or consumption is less than the cost. Government discourage production of goods that generate negative externality by taxation to increase cost of production.
An example of a frictionally unemployed individual is a. Sylvia, who quit her job to spend more time with her children b. Rod, the lifeguard, who cannot find a job because the temperature is too low in October c. Ileana, a college student who quits her job to return to school d. Steve, an individual does not have skills to keep his job as an aerospace engineer e. Samantha, who quits her job to look for better one
Frictional unemployment refers to the time period between jobs when a worker is searching for, or transitioning from one job to another. The best example in the list given is Samantha, who quit her job and is searching for a better one.
Explanation:The subject of your question pertains to frictional unemployment, which is associated with individuals who are temporarily unemployed, either because they are switching jobs or are searching for a job for the first time. Considering the examples given, the textbook example of a frictionally unemployed individual would be option E, Samantha, who has quit her job to look for a better one. This action leads to a period of unemployment during her job search, even though there are jobs available for her skills. In this case, the friction is caused by the time it takes to match job seekers with job openings.
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Frictionally unemployed individuals are those in the phase of transitioning between jobs or actively seeking new ones. In the provided examples, the frictionally unemployed person is Samantha, who has quit her job to find a better one. This situation is a normal part of the workforce dynamics in a market economy.
Explanation:In economics, an individual is considered frictionally unemployed when they are transitioning between jobs or are in the process of searching for a new job. In the examples given, the frictionally unemployed individual would be Samantha, who quits her job to look for a better one. She is voluntarily leaving her job and actively seeking new employment, which is inherent to the concept of frictional unemployment. However, this is not a bad thing. Given the varying dynamics of the market economy where companies often experience changes, it is essential for individuals to find jobs that match their skills and preferences, not just acquire the first job available.
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Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells 250 tables, its marginal cost is equal to $200, and AVC is rising. If the market price of tables is equal to $150, Alex's Furniture Mart should:
a. raise the price of its tables
b. increase its level of table production
c. continue producing 250 tables
e. decrease its level of table production
Answer:
e. decrease its level of table production
Explanation:
MC = 200.
Market price = 150 which cannot be changed by any firm.
MC is greater than price = MR then in order to maximise profit MR has to be equal to marginal cost
MC has to be decreases to $150 which is possible only when it reduces output.
In the Statement of Financial Accounting Concepts (SFAC) No. 8. SFAC No. 8 the position about materiality is that: Group of answer choices It should always be determined only through qualitative evaluations It should always be determined through quantitative evaluations It should always be determined by considering whether the amount affects past financial statements It should be determined by how the magnitude of the item would be viewed by a reasonable person
In the Statement of Financial Accounting Concepts (SFAC) No. 8, materiality is determined by how the magnitude of the item would be viewed by a reasonable person. Materiality can involve both qualitative and quantitative factors. The focus of materiality is on whether the information about the item would influence the decisions of the users of financial statements.
Explanation:Statement of Financial Accounting Concepts (SFAC) No. 8 and Materiality
In the Statement of Financial Accounting Concepts (SFAC) No. 8, the position about materiality is that it should be determined by how the magnitude of the item would be viewed by a reasonable person.
Qualitative and Quantitative Factors
Materiality can involve both qualitative and quantitative evaluations. Qualitative factors consider the nature and impact of an item on the decision-making process, while quantitative factors consider the monetary amount of an item.
Reasonable Person Perspective
Materiality focuses on whether the information about the item would influence the decisions of the users of financial statements. The viewpoint of a reasonable person is taken into account to assess how significant an item is.
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If a company has been found guilty of using _______________________________________, it means it reduced prices below cost in order to drive competitors out of the market, and then increased prices once competitors had left the market.
Answer: Predatory pricing
Explanation: In simple words, predatory pricing refers to the pricing strategy under which an organisation tries to create a certain level of monopoly by reducing their prices with the objective of demolishing competitors.
Such kind of pricing is generally seen in monopolistic competition where the products offered by competitors are close substitutes. Wall mart is one of the prime examples of an entity using such strategy.
Firms practicing this strategy usually have strong funds and are capable of operating business for a specified period at lower profits.
Peggy is the revenue manager at a 1500 room hotel. For next Friday Peggy's PMs shows 300 check-outs, 900 stayovers, 250 transient arrivals and a 200-room group block that begins a three stay on that day. What is Peggy's current rooms available for sale for next Friday?A. 150B. 250C. 450D. 650
Answer:
option (A) 150
Explanation:
Data provided in the question:
Number of rooms in the hotel = 1500
Number of checkouts = 300
Number of stayovers = 900
Number of transient arrivals = 250
Group block that begins a three stay on that day = 200
Now,
Rooms available for next Friday
= Total number of rooms - ( stayovers + transient arrivals + group block)
= 1500 - ( 900 + 250 + 200)
= 150
Hence,
the correct answer is option (A) 150
Peggy currently has 150 rooms available for sale for next Friday at her 1500 room hotel after accounting for stayovers, group block reservations, and transient arrivals. The correct answer is option A: 150.
Explanation:To calculate Peggy's rooms available for sale for next Friday at her 1500 room hotel, we need to consider the given scenarios for that day:
300 check-outs900 stayovers250 transient arrivals200-room group blockWe start with the total rooms (1500) and subtract the rooms that will not be available for sale:
900 stayovers (these rooms are already occupied and not available for new guests)200-room group block (these rooms have been reserved for a group and are not available for new reservations)This results in 400 rooms (1500 total rooms - 900 stayovers - 200 blocked rooms). However, we still need to account for the 250 transient arrivals, which further reduces the number of rooms available for sale. After subtracting these arrivals, we are left with: 400 rooms - 250 transient arrivals = 150 rooms available for sale.
Key practices in the partnering approach to managing contracted relationships include ch12 Select one:_______a. Structured communicationsb. Risk being transferred to the other party.c. Independent project teamsd. Single project contractinge. Access to each other's organizational resources
Answer:
The correct answer is access to each other's organisational resources
Explanation:
There are numerous aspects of partnering approach in managing relationship. The significant advantage of this approach is that it helps to create an environment in which two parties can work along and start a healthy relationship where they can easily access organisational resources of each other. This approach helps firms and organisations to grow.
Key practices in the partnering approach to managing contracted relationships typically include: Structured communications. A is correct.
In the partnering approach, structured communications are essential to ensure that all parties involved in the contract have open and transparent channels for communication. This helps to build trust, facilitate collaboration, and address any issues or concerns that may arise throughout the duration of the contract.
"Structured communications" is a key practice in the partnering approach to managing contracted relationships. It involves establishing clear and effective channels for communication between all parties involved in the contract. This includes regular meetings, progress updates, feedback sessions, and formal communication protocols to ensure that information is shared efficiently and effectively. Structured communications help build trust, foster collaboration, and mitigate misunderstandings or conflicts that may arise during the contract period.
In December 2000, currency was $340 billion, traveler's checks were $4 billion; checkable deposits owned by individuals and businesses were $450 billion, saving deposits were $1,900 billion, time deposits were $1,000 billion; and money market funds were $900 billion. What was the M1 in December 2000?
Answer:
M1 = $454 billion
Explanation:
given data
currency = $340 billion
traveler's checks = $4 billion
individuals and businesses = $450 billion
saving deposits = $1,900 billion
time deposits = $1,000 billion
money market funds = $900 billion
to find out
What was the M1 in December 2000
solution
we get here M1 in December that is
M1 = traveler's checks + check deposits .....................1
put here value we get
M1 = $4 billion + $450 billion
M1 = $454 billion
The M1 money supply in December 2000 was $794 billion, calculated by adding together currency ($340 billion), traveler's checks ($4 billion), and checkable deposits ($450 billion).
The M1 money supply includes the most liquid components of the money supply: currency, traveler's checks, and checkable deposits. Based on the information given for December 2000, we can calculate M1 by adding currency ($340 billion), traveler's checks ($4 billion), and checkable deposits ($450 billion).
Here is the calculation for M1 in December 2000:
Currency: $340 billion
Traveler's checks: $4 billion
Checkable deposits: $450 billion
Adding these together:
M1 = Currency + Traveler's checks + Checkable deposits
M1 = $340 billion + $4 billion + $450 billion
M1 = $794 billion
Therefore, the M1 money supply in December 2000 was $794 billion.
RGB Company uses the percentage of receivables method for recording Uncollectible Accounts Expense. The accounts receivable balance is $100,000 at year-end and the total credit sales were $800,000. Management estimates that 4% of receivables will be uncollectible.
What adjusting entry will have to be made if the Allowance for Uncollectible Accounts has a credit balance of $800 before adjustment?
Answer:
The adjusting entry will be:
Dr Doubtful Debt expenses $3,200
Cr Allowance for doubtful Debt $3,200
(to record the estimated allowance for doubtful debt at the end of the period)
Explanation:
The balance of Allowance for Doubtful Debt is estimated at 4% of receivables which is calculated as: 100,000 x 4% = $4,000.
Because the balance of Allowance for Doubtful Debt is $800 (credit) before adjustment entry, an entry is needed to rise the balance of Allowance for Doubtful Debt from $800 to $4,000, or Credit $3,200 to Allowance for Doubtful Debt.
As a result, Doubtful Debt expenses will be debited for $3,200 while Allowance for doubtful Debt will be credited for $3,200.
_____ is responsible for coordinating Federal resources Federal resources that support State, local, tribal, and territorial efforts when a Federal emergency or disaster is declared.
A. Local government.
B. FEMA.
C. Regional government.
D. State government
Answer:
The correct answer is B
Explanation:
FEMA stands for Federal Emergency Management Agency, it is an agency which is responsible for coordinating the response of the federal government to the disasters which can be manmade or natural.
So, FEMA is responsible for the coordinating the Federal resources which support the Tribal, Local and State efforts when there is Federal emergency is declared.
FEMA (Federal Emergency Management Agency) is responsible for coordinating federal resources that support state, local, tribal, and territorial efforts when a federal emergency or disaster is declared. The correct option is B.
Federal Emergency Management Agency (FEMA) is a government agency in the United States with the aim is to coordinate and respond to disasters in the nation when local resources are not sufficiently met.
It is responsible for coordinating and responding to emergencies and disasters, both natural and man-made, within the United States.
Thus, the ideal selection is option B.
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As a manager at IceCold Foods, Oscar is responsible for the firm's S'Cream brand of ice cream. He recently approved a proposal to test market new ice cream flavors. He is also considering the possibility of lowering the price of the ice cream and initiating a new advertising campaign. Oscar serves as a(1) product development manager.(2) brand manager.(3) target market manager.(4) commercialization manager.
Answer:
(2) brand manager
Explanation:
Based on the information provided within the question it can be said that Oscar is serving as a brand manager at iceCold Foods. This role focuses on managing the company's products, services and product lines in order for them to perform well and be accepted and liked by their customers. This includes approving new products as well as managing prices like what Oscar is doing.
A bona fide occupational qualification is a defense to discrimination charges if: a. it can be established that customer preference is the basis for discrimination. b. the job can be established as too strenuous for women. c. it is customary for a woman to hold the job. d. none of the above
Answer:
D
Explanation:
Bona fide occupational qualifications has been created to allow certain criteria for employment which is not necessarily in the Civil Rights Act of 1964 which does not permit any form of discrimination in employment.
Bona fide occupational qualifications allow an employer to hire individuals for some of the following reasons: religion, sex, age, and national origin, only if they are reasonably necessary for that business or organization.
Which of the following statements about the consumption component of GDP is not correct?
A. Since 1960, the consumption component of GDP has generally increased as a fraction of GDP.
B. The consumption component of GDP in the U.S. is greater than all three of the other components (government, investment, and net exports) combined.
C. Consumption as a fraction of total GDP in the U.S. is larger compared to all other high income nations in the world.
D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.
The statement that the consumption component of GDP in the U.S. is greater than all three of the other components (government, investment, and net exports) combined is not correct.
Explanation:B. The consumption component of GDP in the U.S. is greater than all three of the other components (government, investment, and net exports) combined, is not correct. The correct statement would be that the consumption component of GDP in the U.S. is larger than the government and net exports components combined, but smaller than the investment component. The consumption component of GDP includes spending on goods and services by households, while the investment component includes spending on capital goods and structures by businesses.
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The incorrect statement is option D: Spending on services is not smaller than consumption spending on durable and nondurable goods. In fact, in developed economies, spending on services exceeds spending on goods.
Explanation:The incorrect statement about the consumption component of GDP is option D. Spending on services is actually larger than the amount of consumption spending on durable and nondurable goods. This is especially true in developed economies, like the United States, where spending on services, such as healthcare, education, and entertainment, tend to exceed spending on tangible goods. It is certainly true that since 1960 there has been a general trend of increase in consumption as a fraction of GDP (option A), and that the consumption component of GDP is the largest among the components - exceeding government spending, investment, and net exports combined (option B). However, it's not necessarily the case that the US's consumption as a fraction of GDP is larger than all other high-income nations (option C).
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Lyric Company issued a 90-day zero-interest-bearing note with a face amount of $3,000. The present value of the note is $2,855. The journal entry to record the issuance of the note will include
Answer:
Cash.........................Dr $2,855
Discount on notes payable $145
Notes payable $3,000
(Notes issued at discount)
Explanation:
Zero interest note, as the name suggests are issued with no interest charged on amount due. As such, notes are issued at a price that is lesser than face value. Difference between face value and present value of note represent discount on notes payable.
Journal entry to record issue of notes payable:
Particulars Debit Credit
Cash $2,855
Discount on notes payable $145
Notes payable $3,000
(Notes issued at discount)
Cash is debited with present value of note of $2,855 as notes are issued less than face value.
Further research by the car wax manufacturer indicated that the proposed product would yield a 10 percent return on the firm’s investment. The car wax manufacturer required a minimum of a 15 percent return to further consider the product. The proposed new product was analyzed on the basis of which new-product planning technique?
Answer:
The correct answer is Business analysis.
Explanation:
Business analysis is the set of methods and techniques used to work as a link between the stackeholders, in order to understand the structure, policies and operations of an organization and recommend solutions that allow the organization to achieve its objectives (IIBA: International Institute of Business Analysis).
Business analysis involves understanding how organizations work to carry out their purposes, and defining the capabilities that an organization requires to provide products and services to external stakeholders. It includes the definition of the objectives of the organization, how those objectives are connected to specific objectives, which determine the lines of action that an organization has to take to achieve those goals and objectives, and define how the different organizational units and stakeholders inside and outside that organization interacts.
Some people want healthy cereal that will help them lose weight or possibly prevent certain kinds of cancer. Some want presweetened cereal. Some want fruits and nuts in their cereal. Some people want whole wheat cereal while others want rice cereal. There are some who like hot cereal and others who like to eat their cereal right out of the box. The diversity of consumers for cereal is an example of ________.
Answer:
Market fragmentation
Explanation:
A commercial center where there is no organization that can apply enough impact to move the business a specific way. The market comprises of a few little to medium-sized organizations that contend with one another and huge endeavors.
Fragmented market prompts a littler client base, which makes it simpler for organizations to focus on their end purchasers all the more viably. Instead of squandering promoting assets on an enormous group of spectators, organizations can focus on their showcasing exercises on a littler however progressively pertinent crowd.