according to dr. jay nunamaker, regents professor and founding chair, uofa mis dept., what do mis/oscm (management information systems / operations and supply chain management) professionals really do?

Answers

Answer 1

Professionals really do is store, organize and analyze information and solving real problems.

What are the main purposes of using MIS in an organization?To assess, create, implement, and manage computerized information systems in an organizational setting, management information systems (MIS) blends computer technology with managerial decision-making techniques.The three processes that an information system uses to create the information an organization needs are input, processing, and output.MIS also refers to computer software that is used to store, organise, and analyze information in addition to being a department inside a firm. Systems for managing information are used to monitor sales, inventories, equipment, and other business-related data.Process control, office automation, enterprise resource planning, financial systems, and management reporting are some further examples of management information systems used in an organization.

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Related Questions

What pain points do candy businesses solve?

Answers

Answer:

Financial Pain Points. Financial pain points are perhaps the most common concern for consumers. ...

Productivity Pain Points. ...

Online Research Pain Points. ...

Product Cost Pain Points. ...

Checkout Pain Points. ...

Multi-Channel Shopping Pain Points.

in order to simplify market transactions, an economy must use

Answers

In order to simplify market transactions, an economy must use:

1. Standardized Currency: Having a standardized currency eliminates the need for bartering or exchanging goods directly.

provides a common medium of exchange that simplifies transactions and facilitates economic activity.

2. Clear and Enforceable Legal Framework: An economy needs a clear and enforceable legal framework that defines property rights, contracts, and dispute resolution mechanisms. This ensures that transactions are legally recognized and protected, providing a sense of security and trust for buyers and sellers.

3. Efficient Payment Systems: An economy should have efficient payment systems in place, such as banking systems, electronic transfers, and payment platforms. These systems facilitate the transfer of funds between parties, making transactions faster and more convenient.

4. Market Infrastructure: An economy needs well-functioning markets with infrastructure that supports transactions, such as marketplaces, exchanges, and trading platforms. These facilitate the buying and selling of goods, services, and financial instruments.

5. Information Availability: Access to accurate and timely information about products, prices, and market conditions is crucial for efficient market transactions. This can be facilitated through market transparency, consumer protection regulations, and information dissemination mechanisms.

By implementing these elements, an economy can simplify market transactions, promote economic activity, and foster a more efficient and effective marketplace for buyers and sellers.

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In a business process, ________ are defined as collections of related tasks that receive inputs and produce outputs.

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Considering the business undertakings, in a business process, activities are defined as collections of related tasks that receive inputs and produce outputs.

Activities in business involve many processes that include the start and end point to the sales of the products or services.

Business activities usually include the following:

Creating BudgetGrowing SalesMarketing PlanFinancial analysisAccounting operation Customer serviceHuman resources, etc.

Hence, in this case, it is concluded that the correct answer is "Activities."

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Which statement describes an advantage of buying a home?
A. Purchasing a home builds equity.
B. Homes depreciate over time.
C. Your landlord may force you to move.
D. Your taxes increase.

Answers

A. purchasing a home does build equity

- homes usually don’t depreciate over time.
- when buying a home you don’t have a landlord.
- property taxes may go up, but that’s not an advantage.

Draw and explain a production possibilities frontier for an economy that produces milk and cookies. What happens to this frontier if a disease kills half of the economy’s cows?

Answers

A production possibilities frontier (PPF) is a graph that illustrates the maximum possible output of two goods or services an economy can produce with its available resources.

What happens to this frontier if a disease kills half of the economy’s cows?The production possibilities frontier for an economy that produces milk and cookies is a curve that shows the maximum amount of milk and cookies that can be produced when resources are used to their fullest potential.It is depicted in the graph below.The curve slopes downward because as more resources are used to produce milk, fewer are available to produce cookies and vice versa.If a disease kills half of the economy’s cows, the production possibilities frontier will shift inward.This is because fewer resources are available to produce milk, so the maximum amount of milk and cookies that can be produced is reduced.The graph below shows the new production possibilities frontier after the disease has killed half of the cows.

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True or false. The minimum hourly wage for covered workers is established under th authority of OSHA

Answers

The answer is false

OSHA standards only cover the workers safety and protect them from hazards

Someone Help This Is Due today !!!!
Match the Professionalism term with its meaning
1.
Accountability


2.
Integrity


3.
Punctuality


4.
Productivity


5.
Initiative

a.
doing your job as efficiently and effectively as possible
b.
doing the right thing, even when no one is watching
c.
being responsible for your actions and words
d.
being on time
e.
to take charge or do things without being told

Answers

Answer:

Number 1

Explanation:

Number 1 is correct

What are some ways you deal with stress at school or at home? How could you use those techniques in the workplace? PLZZZZZ!!!!

Answers

1. Take a break when needed
2. Reward yourself when you are finshed
3. Spend time with friends and family when you have free time
4. Get 8 hours of sleep a night
5. Always eat breakfast and don’t skip any meals.
6. Meditate
7. Get up and stretch your legs if you have a desk job
8. Deep breathing
9. Play relaxing music
10. Reduce your caffeine intake is a big one


Hope this helps :D

Some ways to deal with stress at school or at home is as follows:

1. Stop when you need to.

2. After finishing, treat yourself.

3. When you have free time, spend it with your loved ones.

4. Sleep for eight hours each night.

5. Never miss a meal and never skip breakfast.

6. Reflection

7. If you have a desk job, stand up and stretch your legs.

How to reduce stress at work?

The APA poll revealed that individuals who often experience tension or stress at work are more than three times as likely to indicate they plan to look for employment elsewhere in the upcoming year (71% vs. 20%) than employees who don't experience such stress.

Employees who have some degree of autonomy over their work schedules tend to be happier than those who are subject to stricter work-hour regulations. Most employees value having flexible work hours because it allows them to escape traffic, exercise in the morning, or walk their pets before dusk. Allow staff to work from home if the job can be done remotely, or use a hybrid approach if it can.

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What is a disadvantage of using a checking account instead of other types of
accounts?
A. You will likely not have federal protection for your money.
B. You will pay a fee if you make too many transactions.
C. You will generally not receive interest.
D. You will pay a penalty if you withdraw your money.

Answers

B. You will pay fee if you make to many transactions.

Answer:

you will generally not receive interest

Explanation:

took the quiz

If Executive Airways borrows $10 million on April 1, 20X1, for one year at 6% interest, how much interest expense does it record for the year ended December 31, 20X1? Multiple Choice Ο S300,000 Ο Ο Ο $600,000

Answers

Executive Airways would record an interest expense of $600,000 for the year ended December 31, 20X1.

The interest expense can be calculated using the formula: Interest Expense = Principal * Interest Rate.

In this case, Executive Airways borrowed $10 million (which is the principal) at an interest rate of 6%. Plugging in the values into the formula:

Interest Expense = $10,000,000 * 0.06 = $600,000.

The interest expense represents the cost of borrowing the money for the year. By multiplying the principal ($10 million) by the interest rate (6%), we find that the interest expense is $600,000.

This means that over the course of the year, Executive Airways would incur $600,000 in interest expenses related to the loan. This expense is recorded in the company's financial statements as an operating expense and is deducted from the company's income to determine its net income.

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What state in the country has the highest percent of their credit economy with subprime credit scores?

Answers

The state in the country has the highest percent of their credit economy with subprime credit scores is: Wisconsin.

What is credit economy?

Credit economy can be defined as the  way in the money is the means of exchange in an economy as people sell goods in exchange for money.

Based on this  Wisconsin has the highest percentage of their credit economy with subprime credit score followed by Vermont and then Washington.

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us bank pulls from what credit bureau washington state

Answers

Trans union is the answer i think :)

the cash budget is prepared by listing all cash collections and all cash disbursements; the difference between the two reflects the cash balance. true or false

Answers

The statement, "The cash budget is prepared by listing all cash collections and all cash disbursements; the difference between the two reflects the cash balance," is true.

A cash budget is a financial tool used by businesses and individuals to plan and manage their cash flow. It is an essential component of financial planning as it helps in predicting the availability of cash, managing expenses, and identifying potential cash flow problems.

To prepare a cash budget, follow these steps:

1. List all cash collections: This includes all sources of cash inflow, such as sales revenues, accounts receivable collections, loans, and other cash injections. Make sure to consider the timing of these inflows as well.

2. List all cash disbursements: This includes all cash outflows, such as operating expenses, payments for accounts payable, loan repayments, and other cash expenses. Again, consider the timing of these outflows.

3. Calculate the difference between cash collections and cash disbursements: Subtract the total cash disbursements from the total cash collections. This difference represents the net cash flow for the period.

4. Determine the cash balance: Add the net cash flow to the beginning cash balance (cash on hand at the start of the period). This will give you the ending cash balance for the period.

In conclusion, the statement is true. The cash budget is prepared by listing all cash collections and all cash disbursements, and the difference between the two reflects the cash balance. This cash balance can be used to evaluate the financial health of the business, manage liquidity, and plan for future financial needs.

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Routine tasks and paperwork, as well as jobs that help your subordinates grow, are tasks that
A) a manager should delegate, according to Edgar Schein.
B) a manager should not delegate, according to Edgar Schein.
C) a manager should never delegate, according to Frank Gilbreth.
D) should be delegated, according to Maslow.
E) should not be delegated, according to Maslow.

Answers

According to Edgar Schein, routine tasks and paperwork, as well as jobs that help your subordinates grow, are tasks that a manager should delegate. This is because delegating these tasks frees up the manager's time to focus on more important and strategic tasks that only they can do, such as decision-making and long-term planning. Delegating routine tasks and paperwork can also help subordinates develop their skills and take on more responsibility, leading to their professional growth. Therefore, option A is the correct answer.

Frank Gilbreth did not specifically state that these tasks should never be delegated, and Maslow's hierarchy of needs theory does not provide a clear answer on this topic.

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Question 6 of 10
The optional feature in a business letter is the:
A. date.
B. inside address.
C. closing.
D. reference.

Answers

Answer:

D would be the correct answer

Explanation:

Answer: reference

Explanation: ape x

what is the difference between a supermarket and a hypermarket​

Answers


Super market are big but hypermarket is much bigger and it offers big ticket items such as appliances

If a business decides to act outside of the prevailing ethical norms of that community: 1) It risks damage to its reputation and ill will. 2) There really is no risk to businesses since the community really needs the business to survive. 3) It only has to worry about the legal implications of its actions. 4) It takes the chance the law will impose fines against it.5) There should be no concerns because the business can move to another community if it needs to.

Answers

A company runs the danger of harming its reputation and attracting unfavorable attention if it chooses to operate contrary to the community's accepted ethical norms. Here option 1 is the correct answer.

By offering instructions for all companies on how to conduct properly and refrain from engaging in unethical behavior, ethical standards set the foundation for a cohesive working environment that incorporates fairness, honesty, impartiality, and accountability.

Other moral virtues that ethical standards support include loyalty, compassion, and honesty. Rights like the right to privacy, the right to be safe from harm, and the right to life are also protected by moral norms.

The ethics of study involving human subjects place a special emphasis on three core concepts, among those generally recognized in our cultural tradition: respect for individuals, beneficence, and fairness.

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Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.

Answers

Answer:

FALSE

Explanation:

THIS IS THE COMPLETE QUESTION

Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"

Random Variation can be regarded as

tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.

For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will come." Explain whether the Statement of Cash Flows is able to illustrate the ‘liquidity' of an entity to its users and provide ONE recommendation how companies can maintain liquidity during this pandemic.

Answers

Answer:

1. Yes. Cash flows are able to illustrate liquidity.

2. Recommendations

a. Reducing levels of Inventory.

b. Negotiating Longer credit settlement period with suppliers.

Explanation:

One of the uses of a Cash flow Statement is its use in negotiating loans with bank and other lenders. Of interest to these parties is the liquidity of the entity.

Liquidity is the ability of an entity to honor its short-term obligations using its current assets. Liquidity is reflected in the Cash flow from Operating Activities of the Cash flow Statement.

Recommendation

Companies can maintain liquidity through reducing levels of inventory. Inventory ties up cash. Negotiating longer credit settlement period with suppliers can also increase liquidity.

Please help. Atleast the top 2

Please help. Atleast the top 2

Answers

Answer:

Number 1 is Pure Market. Number two is socialist, I'm pretty sure.

Explanation:

Please mark me brainliest if someone else answers :>

Which is an example of a preventative measure related to possible medical
identity theft?
A. Checking your medical records carefully
B. Calling your medical provider
O C. Calling your insurance company
D. Contacting the Federal Trade Commission (FTC)

Answers

An example of a preventative measure related to medical identity theft would be carefully checking the medical records of a person. Option A is correct.

What is a preventative measure?

In opposition to disease treatment, preventative measures refer to actions or steps taken to ward off illness. The usual categories used to describe preventive care strategies are primary, secondary, and tertiary prevention.

Maintaining control of medical identity cards and routinely reviewing medical bills, credit reports, medical benefit accounts, and instruction invoices are examples of preventative measure.

Medicare and Social Security cards that have been stolen away require to be accounted right away to the Social Security Administration.

Therefore, option A is correct.

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Answer: A. Checking your medical records carefully

Explanation: just got it right

How do you calculate the profit margin for a business?

Answers

Answer:

by dividing your net income by your revenue (net sales)

then multiply your answer by 100

(ni/r)×100

The formula for calculating profit margin is:

( Total Revenue - Total Expenses ) / Total Revenue.

What is business overview

Answers

Answer:

A company overview (also known as company information or a company summary) is an essential part of a business plan. It's an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.

Explanation:

Answer:

It is an essential part of a business plan. It's an overview of the most important points about your company.

Explanation:

Hope this helps!

_______________ is used when the buyer needs to provide potential suppliers very detailed descriptions of the characteristics of an item or service.

Answers

A Request for Proposal (RFP) is used when the buyer needs to provide potential suppliers very detailed descriptions of the characteristics of an item or service.

A Request for Proposal (RFP) is a formal document that is used by organizations to solicit bids from potential suppliers for goods or services. In cases where the buyer requires specific and detailed descriptions of the characteristics, specifications, or requirements of an item or service, an RFP is typically utilized.

The RFP includes comprehensive information about the buyer's needs, expectations, and desired outcomes, allowing potential suppliers to understand the exact details and submit proposals that address those specifications. It is common for an RFP to outline technical requirements, performance standards, timelines, pricing expectations, and other relevant factors.

By providing detailed descriptions through an RFP, the buyer aims to ensure that potential suppliers have a clear understanding of the buyer's requirements, allowing them to provide well-informed proposals that align with the buyer's needs.

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Due to a lack of information, a trader is not able to retrieve the yield of government bonds as the risk-free rate to use in the pricing of a call option. Instead, the yield of the highest-rated investment-grade corporate bond is considered a close substitute. Explain how this substitution of the risk-free rate would impact the call option price.

Answers

Substituting the risk-free rate with the yield of a high-rated investment-grade corporate bond would likely result in a higher call option price.

The risk-free rate is a fundamental component in option pricing models, such as the Black-Scholes model. It represents the rate of return on a risk-free investment, typically based on government bonds. The risk-free rate is used as the discount rate to determine the present value of the expected future cash flows from holding the option.

When the risk-free rate is substituted with the yield of a high-rated investment-grade corporate bond, the option price is likely to increase. Corporate bonds carry a higher yield compared to government bonds due to the additional risk associated with default. Therefore, using a higher yield as the discount rate increases the present value of the option's expected cash flows, resulting in a higher option price.

The impact of this substitution will depend on the magnitude of the difference between the corporate bond yield and the risk-free rate. If the corporate bond yield is significantly higher than the risk-free rate, the call option price will be noticeably higher. However, if the difference is relatively small, the impact on the option price may be less pronounced.

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You are the coding supervisor and you notice a potential discrepancy in a productivity report from one of your coders. You remind all of the coders about the importance of accuracy with these reports. One of the coders thinks she may have accidentally combined 2 days into one of her daily productivity reports and she must decide if she should admit her potential mistake or just let it go because one day’s productivity reporting really doesn’t make a difference. This is an example of ______. ​

Answers

Answer:

laziness.

Explanation:

Which describes the liability of an owner of a sole proprietorship?
limited
undefined
nonexistent
unlimited

Answers

unlimited


hope this helps

True or false Interpersonal workplace skills deal with your ability to get along with other people.

Answers

The given statement "Interpersonal workplace skills deal with your ability to get along with other people" is True because Interpersonal skills, also known as soft skills, people skills, or emotional intelligence, refer to the abilities that individuals possess to communicate effectively with other people and develop and maintain relationships.

Interpersonal workplace skills are critical in the workplace as it helps people in the organization interact with each other positively and enhances teamwork in the workplace. Individuals who possess strong interpersonal skills can work together effectively and efficiently, which leads to increased productivity in the organization. Some of the key interpersonal skills that people must have to thrive in a work environment include active listening, effective communication, conflict resolution, collaboration, time management, and empathy. Active listening is a vital interpersonal skill that individuals must have to thrive in the workplace.

It entails concentrating on the speaker, summarizing the information they provide, and asking relevant questions. Effective communication is another critical interpersonal skill. Clear communication ensures that every member of the organization understands the information and requirements communicated to them. Conflict resolution is also an essential interpersonal skill that individuals must have. It involves finding amicable solutions to disagreements between colleagues.

Collaboration is an essential interpersonal skill as it helps people work together towards common goals. Time management is also a critical interpersonal skill as it ensures that tasks are completed within the allocated time frame. Finally, empathy is an essential interpersonal skill that helps individuals understand and relate to the feelings and experiences of other people.

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when advertisers run online ads that typically include an image for people to click on, it's called...

Answers

When advertisers run online ads that typically include an image for people to click on, it's called display advertisement.

Display advertisement is also a commonly used term to describe online ads that typically include an image for people to click on. Display ads are a type of online advertising that appear on websites, social media platforms, and mobile apps, and are designed to capture the attention of viewers with eye-catching visuals and compelling messaging. They often include a call-to-action that encourages viewers to click on the ad and visit the advertiser's website or landing page.

Display ads can be targeted to specific audiences based on factors such as demographics, interests, and behaviors, and can be tracked and measured using various metrics such as impressions, clicks, and conversions. Overall, display advertising is a popular and effective way for businesses to reach and engage with their target audience online.

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Stars Ltd. sells product Special for £30 per unit. Managers of the company have calculated that, if Stars Ltd. sells 2,014 units of Special, total costs will equal to total revenues. The fixed cost per unit equals £20 when the company is selling 2,014 units of Special. Considering this information, which of the following statements is true? O a. Starts Ltd. would make a positive profit when selling 1,000 units of Special. O b. Stars Ltd. would have a safety margin of 986 units if selling 3, 000 units of Special. O c. Stars Ltd. would make a positive profit of £19, 720 if selling 2,500 units of Special. O d. None of the answers is true.

Answers

Stars Ltd. sells product Special for £30 per unit leverage Managers of the company have calculated that, if Stars Ltd. sells 2,014 units of Special. The correct answer is A. positive profit when selling 1,000 units of Special.

Plastic goods are produced by X Ltd. and sold for SAR 350 per piece. The company's fixed costs amount SAR 110,000, while its variable cost per unit is SAR 90. In the upcoming year, the business anticipates selling 1,800 units.

The entire fixed costs (SAR 110,00) are divided by the total contribution margin (SAR 1,080,000) to determine the operational leverage. Operating leverage is calculated as follows: 110,000/1,080,000 = 10.19

The projected number of units to be sold (1,800) is subtracted from the break-even number of units (2,250) to determine the margin of safety in units.

The safety margin in units is 2,250 minus 1,800, or 450 units. c. Margin of safety in SAR value: To calculate the margin of safety in SAR value, multiply the selling price per unit (SAR 350) by the margin of safety in units (450 units).

The SAR value of the margin of safety is 45O x 350, or SAR 157500. Margin of safety in percentage is derived by dividing the estimated sales in SAR value (SAR 630,000) by the margin of safety in SAR value (SAR 157,500). The proportion of the safety margin is 157,500 divided by 630,000, or 24.88%.

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