Answer the following statement(s) true (T) or false (F)
1. “Big Data” is often seen as valuable because it offers volume, variety, and velocity.
2. Understanding what opportunities and problems managers face does not suggest relevant analyses that can support better decisions.
3. If managers do not use HR metrics and analytics to make different and better decision, the first question is the cost.
4. Personal theories used to identify choices for outcome measures are an accurate reflection of reality.
1. True
2. False
3. False
4. False
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For which of the following categories of products will demand forecasting be easiest?
A) commodities which are in the initial stage of their product life cycles B) products which have many close substitutes in the market C) goods which are produced in an oligopoly market D) products whose sales fluctuate widely E) products whose consumers are highly sensitive to change in price
Atomic Microwave Company, a manufacturer of microwave ovens, had the following activities, allocated costs, and allocation bases:
How much of the account verification costs will be assigned to the Northeast Office? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)
A) $416
B) $70
C) $704
D) $90
Since secondary data provide a good starting point for research and often help define problems and research objectives, companies do not need to collect primary data
Indicate whether the statement is true or false
Sheet aluminum has been delivered to a factory that makes beverage cans. To the factory that makes the cans, the aluminum is an example of ______.
a. finished goods b. raw materials c. work in process d. in-transit goods