Which of the following describes the change in the nature of management science to accommodate the need to process large volumes of data?

a. Reliance on spreadsheet modeling
b. Connection of optimization models with live operational databases
c. The use of distributed file systems technologies such as Hadoop to process a variety of data sources
d. All of the above are used by management scientists to process large volumes of data.


A

Business

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When an investor is able to secure significant influence over an investee, the ____________________ method of accounting is used

Fill in the blank(s) with correct word

Business

The notion of the "long tail" is most aptly applied to sales in which industry?

A. Athletic shoes B. Movies and music C. Flower bouquets D. Magazine subscriptions E. None of the Above

Business

Answer the following statement(s) true (T) or false (F)

1. Material and product shortages is a problem caused by a mismatch between supply and demand. 2. Companies that employ an effective sales and operations planning process possess the ability to manage products and promotional planning. 3. A benefit of the sales and operations planning process is increasing costs. 4. An objective of sales and operations planning is to develop a maximum cost strategy for effectively meeting demands. 5. Resolution of imbalances between expected demand and available capacity in a reactive way is one of the functionalities of the supply planning team.

Business

Al owns a farm that he believes is worth $150,000 . Betty knows that there is oil under the farm and offers Al $160,000 for it. Al is suspicious and asks her why she wants to buy the place. She says she would like to live in the country. Al then asks her if she thinks there might be valuable minerals under the land. Betty laughs and says she doubts that very much, so Al sells her the farm for

$160,000 . Al later realizes that the land was worth more than he was paid. Al can have the contract voided based upon fraud. a. True b. False Indicate whether the statement is true or false

Business