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2 years ago

The variance of a sample of 121 observations equals 441. The standard deviation of the sample equals 1.91. 231. 21. 11.

Business

1 answer:

Cloud [144]2 years ago

6 0

The standard deviation of sample equals: 11

Explanation:

Given:

variance of sample ( $S^{2}$ ) = 121

no, of observations made = 441

standard deviation = ?

By using the formula:

Standard deviation (S) = $\sqrt{variance}$

= $\sqrt{S}$

= $\sqrt{121}$

= 11

Hence the standard deviation is equal to 11.

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The district manager of a national fast-food restaurant watches the sales reports for each restaurant daily to compare actual sa

-Dominant- [34]

Answer:

Controlling.

Explanation:

Controlling is the process of measuring and correcting activities (plans, organization, personnel etc.) of an organization. Can be considered as the activity for knowing and correcting important changes in the activities that are planned because determines what is being tackled by evaluating the performance and if there is a deviation, by applying corrective measures so that the activities take place according to plans.

Planning is related to controlling. The failure of planning would mean failure in controlling and the success of planning means success of controlling.

Controlling alerts the manager to potentially critical problems:

* Top Management – when goals are not met.

* Middle and Lower Management – when the objectives are not met.

Managers can use the following: Prevent crises, Standardized outputs, Appraise employees performance, Update plans, Protect an organization’s asset

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1 year ago

By examining the __________ of Southwest Airlines, one can identify the strategic themes around which it has developed its busin

Alex Ar [27]

Answer:

The correct answer is activity map.

Explanation:

The map of processes or activities is the graphic representation, that is, the diagram, of the interrelation between all processes and subprocesses of the company. That said, it may seem easy to perform, but the truth is that it is usually an arduous task that involves the different departments of the company.

The objective of this map is to know in a very detailed and deep way the workings of the processes and activities in which the company is involved. It is usually done by a team with people in charge of all departments, who are in charge of identifying the processes, both the main and the secondary ones. In fact, three large groups of organizational processes are often differentiated: strategic, operational and supportive.

4 0

1 year ago

Team planning is most effective when the group leader develops the overall plan and then solicits feedback from the group.

Anuta_ua [19.1K]

It is false that team planning is most effective when the group leader develops the overall plan and then solicits feedback from the group. It must be the other way around. The role of the group leader is to stimulate ideas, facilitate discussions and summarize it all, to develop an overall plan that would make sense to the members.

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2 years ago

An orange grower has discovered a process for producing oranges that requires two inputs. The production function is Q = min{2x1

Tom [10]

Answer:

Option (B) is correct.

Explanation:

The prices of two inputs 1 and 2 are as follows:

w1 = $5

w2 = $2

Q = min{2x1, x2}

Cost is minimized when 2x1 = x2

140 = min{2x1, x2}

2x1 = 140

x1 = 70

x2 = 2x1 = 140

Total cost, C = w1.x1 + w2.x2

= 5x1 + 2x2

C($) = (5 × 70) + (2 × 140)

= 350 + 280

= $630

4 0

2 years ago

(will mark brainlyst)

lesya692 [45]

Answer:

1. I could jump start an independent bookstore in the metropolitan that I live in right now. The only bookstore around me is 12 miles away at the mall, and I ponder a good place to put a bookstore is the little city focus with restaurants and other small commerce who sell clothes.

2. I will use stock funds also known as equity funding

Get loan from the bank

3. Funding using debt allows you to keep all ownership of the company and equity funding gives control to someone else and puts a price on the company which isn’t good if just a small start up

4. Equipment: $10,000 to $125,000.

Incorporation Fees: Under $300.

Office Space: $100 to $1,000 per employee per month.

5. Our company will use cash basis. As it is easier to do a business with cash inflows rather than accrual basis where you have to wait till the payment is made.

6. Double entry bookkeeping is better for larger businesses, ones with more transactions, or anyone who wants to keep track of more details. In double entry bookkeeping, TWO entries are made for each transaction: a debit in one account and a credit in another. For example, to pay a $200 bill to a utility the Cash Account would be debited $200 and the utility account would be credited the $200.

7. Competition risk - there could be another business that draws customers away from your company.

Economic risk- if the economy is doing poorly, it could increase costs or reduce sales

Reputation - if someone posts a bad review online, how will that effect your sales?

Legal/Compliance issues- you have to comply with industry regulations and laws, and there is great risk to you and the business if you break these rules

Resources risk - if you rely on a specific material to run your business and that material isn't available you could be in trouble (ex. if the orange crop is wiped out by a hurricane, orange juice makers could be in trouble)

Explanation

Your Welcome

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2 years ago