ACT_580_Critical_Thinking_Module_6
.docx
keyboard_arrow_up
School
Colorado State University, Global Campus *
*We aren’t endorsed by this school
Course
580
Subject
Business
Date
Jun 19, 2024
Type
docx
Pages
4
Uploaded by DeaconSkunkMaster1022
1
Module 6 Critical Thinking
Erin Mazzola
Colorado State University Global
ACT580: Accounting Capstone
Dr. Wendy Achilles
May 26, 2024
2
Analytics Mindset – TechWear
TechWear is a startup firm that makes high-end, technologically advanced sportswear (CSU, 2024). It's interesting to note that this apparel is highly technologically advanced, with RFID chips incorporated in the items enabling GPS monitoring capabilities. It is possible to track
the user's heart rate, sweat rate, calories burnt, and exercise efficiency. This project's goal is to evaluate the risk of cash sales relative to accounts receivable. TechWear supplies big distribution
facilities with their goods. The critical thinking submission now contains an Excel document with information about the data and results that have been completed and submitted.
Part I Questions
Data on sales and cash received is included in TechWear's Excel spreadsheet. To complete the case study, this paper must respond to three questions from Part One. They are listed in the following order:
1.
Verify the balance of the accounts receivable in the amount of $684,491.19
2.
Validate the information for the 15 approved customers
3.
Verify that the 230 sales that were transacted during 2015 are accurate without duplicates
or additional invoices (CSU, 2024).
According to TechWear's statistics, the company was operational from March 5, 2015, till December 31, 2015. In the Excel spreadsheet, an extraction, transformation, and load (ETL) are employed for analysis.
By balancing the accounts receivable balance, the spreadsheet data examination reveals that the proper amount of $684,491.19 exists. The 15 clients are accurately mentioned, although
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
1. Explain why E-Commerce Security is important to support Payment Systems for E-Commerce. Use examples from E-Commerce Security. Explain how one of the recent exploits and losses to consumers shows the importance of electronic security and how that failure could have been prevented.
2. Why are Security and Payment Systems so important to eCommerce? Do they also impact the overall viability of the business? How are they used within the marketing of eCommerce (address positive and negative aspects)?
arrow_forward
What is educational about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace?
What is interesting about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace?
What is insightful about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace?
Article Link: The Secret Oil-Trading Ring That Funds Russia’s War -
arrow_forward
Briefly explain the FOUR (4) types of information given below, that the manager
of ESI should possess in response to the latest development in the ICT industry
and market:
1. Competitors or competitive analysis
2. Current economic condition
3. Product analysis
4. Customers' preferences
arrow_forward
As part of a PR campaign for The shoe rack, Conduct a situation analysis(SWOT) based on the scenario given.
Incorporate the smart watch(S-Tech intel smart watch) in your answer
arrow_forward
rses / Info & Digital Literacy - SFT210 - M2-Fall 2022 / 6 November - 12 November / Quiz - SF
Information literacy is the set of skills needed to find, retrieve, analyze, and use information
Select one:
True
False
Jump to...
arrow_forward
A disruptive technology is one that significantly alters how consumers, industries, and enterprises operate in the twenty-first century. A disruptive technology eliminates the systems or practises it replaces because it possesses superior qualities. E-commerce, online news sites, ride-sharing applications, and GPS systems are examples of disruptive technologies that have emerged recently. The automobile, electricity, and television were all revolutionary inventions in their own times.
a) Elaborate predictive analytics with a suitable example.
arrow_forward
Need help writing a paragraph about an error Sam & Micaela are making with their market research
*article is below
Product Case Study
Sam and Micaela first met while studying marketing at San Juan College. Both were ambitious and had plans to run their own businesses. Over time they decided to start a business together. Initially they spent many months discussing what sort of business they should go into. They considered various service businesses, like consulting or an internet- based training offering. However, it was eventually an opportunity in the children’s toy market that appeared to have good potential.
They had observed that parents were becoming increasingly time-poor and, as a result, had
less time to spend with their children. And in order to compensate for this, the parents typically spent large amounts on their children to entertain them. Obvious examples were the success of PlayStations, iPads, PC’s, and mobile phones.
Sam argued, “these are big ticket items. The…
arrow_forward
Answer question in photo pls
arrow_forward
You are tasked to create a PESTEL analysis of your starting bakery shop located in SM Fairview Philippines. Put an introductory and how will it affect your businessSee this link to aid you on your task: https://strategiccoffee.chriscfox.com/2012/10/how-to-do-pest-analysis.html
arrow_forward
Compose a position paper on how your local government unit respondsto the COVID-19 crisis and what is your advocacy on your chosen issue.You need to be as objective as possible by citing valid and reliablesources. You also need to make the necessary adjustments to yoursources’ authenticity and reliability based on the comments andsuggestions of the professor.
arrow_forward
Create a PowerPoint presentation with the following 4 elements:
Provide an overview and discuss the function of 1 publicly financed healthcare program in the United States.
How has that program evolved and influenced the entire U.S. healthcare system?
What are some of the accomplishments and challenges for that program?
What does that program do to focus on health prevention and performance?
arrow_forward
Help
arrow_forward
do fast
arrow_forward
"How can a company effectively utilize CRM software to improve customer satisfaction and retention, and what are some key features and best practices that should be considered during implementation?"
arrow_forward
Covid-19 has disrupted normal work lives and has challenged our economic functionality. Businesses were affected in eclectic ways, and it was important to ensure that the customer experience and engagement was not compromised in such an unprecedented situation. Some insights of how the impact of COVID -19 was handled with the help of CRM.
A. IVR and Mass Mailing: Customer Relationship Management software integration with an IVR application effectively supported both pre and post sales aspects. Mass mailing with the help of Groups from CRM enabled sending newsletters, product and service announcements and marketing messages with ease.
B. Adjusted for relationship marketing - focused on human interactions: During this global crisis, marketing teams showed empathy towards customers. Instead of mass messaging personal connections were created, not because it berlafited the business but because it is what customers needed. Customer segments were created and communicated based on their…
arrow_forward
Ethical Dilemma When Algorithms Discriminate
Promising companies the ability to get to know their customers and maximize the benefit gained from each one, CRM systems could be called a
marketer's dream. CRM software allows companies to look closely at customer behavior, drilling down to smaller and smaller market segments.
Once so segmented, customers can be targeted with specific promotions. For the company, this process reaps the greatest returns from
marketing efforts because only those customers are targeted who are likely to respond to the marketing campaign.
From a customer's perspective, CRM systems seem like a great idea. You finally stop receiving advertisements for things that don't interest you.
But what if a company uses its CRM software in a more discriminating way? Where do companies draw the line between using CRM data to
offer certain clients customized deals and unethically discriminating against other customers? For example, lenders, which often segment their…
arrow_forward
Explain business intelligence and the necessity for BI tools.
arrow_forward
Compare the following IT management concepts. Low end disruptive innovations and new market disruption.Provide an analysis of the key similarities and differences between the concepts.
arrow_forward
As a young Graduate who has been employed by Kyekyewere Limited who operates four different types of Businesses in four different industries as follows:a) Cash Cowb) Starc) Question Mark / Problem child andd) DogsWith the knowledge skills and competencies that you have acquired as a Graduate who studied Management of Small and Medium Enterprise Advise Management about these Investment Portfolios in the various industry (s). Your advice should cover the followinga) Explain to Management what Cash cow, Star , Question mark and Dogs industries represent.b) Advise Management on which firm(s) demand further investment and why? c) Advise Management on which firm(s) to close down and why?
arrow_forward
Why did blackberry playbook fail in the market
what is the immediate and future impact of the failure on the organization?
arrow_forward
Conduct a SWOT (strength, weaknesses, opportunities, and threats) analysis of the 3-page Corporate Travel Policy
arrow_forward
Please help me fill this chart out
arrow_forward
Define and describe the promise of CRM, explain why it is important in business and choose one model for our business, explaing the reason for choosing this model to justify what you are saying?
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Related Questions
- 1. Explain why E-Commerce Security is important to support Payment Systems for E-Commerce. Use examples from E-Commerce Security. Explain how one of the recent exploits and losses to consumers shows the importance of electronic security and how that failure could have been prevented. 2. Why are Security and Payment Systems so important to eCommerce? Do they also impact the overall viability of the business? How are they used within the marketing of eCommerce (address positive and negative aspects)?arrow_forwardWhat is educational about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? What is interesting about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? What is insightful about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? Article Link: The Secret Oil-Trading Ring That Funds Russia’s War -arrow_forwardBriefly explain the FOUR (4) types of information given below, that the manager of ESI should possess in response to the latest development in the ICT industry and market: 1. Competitors or competitive analysis 2. Current economic condition 3. Product analysis 4. Customers' preferencesarrow_forward
- As part of a PR campaign for The shoe rack, Conduct a situation analysis(SWOT) based on the scenario given. Incorporate the smart watch(S-Tech intel smart watch) in your answerarrow_forwardrses / Info & Digital Literacy - SFT210 - M2-Fall 2022 / 6 November - 12 November / Quiz - SF Information literacy is the set of skills needed to find, retrieve, analyze, and use information Select one: True False Jump to...arrow_forwardA disruptive technology is one that significantly alters how consumers, industries, and enterprises operate in the twenty-first century. A disruptive technology eliminates the systems or practises it replaces because it possesses superior qualities. E-commerce, online news sites, ride-sharing applications, and GPS systems are examples of disruptive technologies that have emerged recently. The automobile, electricity, and television were all revolutionary inventions in their own times. a) Elaborate predictive analytics with a suitable example.arrow_forward
- Need help writing a paragraph about an error Sam & Micaela are making with their market research *article is below Product Case Study Sam and Micaela first met while studying marketing at San Juan College. Both were ambitious and had plans to run their own businesses. Over time they decided to start a business together. Initially they spent many months discussing what sort of business they should go into. They considered various service businesses, like consulting or an internet- based training offering. However, it was eventually an opportunity in the children’s toy market that appeared to have good potential. They had observed that parents were becoming increasingly time-poor and, as a result, had less time to spend with their children. And in order to compensate for this, the parents typically spent large amounts on their children to entertain them. Obvious examples were the success of PlayStations, iPads, PC’s, and mobile phones. Sam argued, “these are big ticket items. The…arrow_forwardAnswer question in photo plsarrow_forwardYou are tasked to create a PESTEL analysis of your starting bakery shop located in SM Fairview Philippines. Put an introductory and how will it affect your businessSee this link to aid you on your task: https://strategiccoffee.chriscfox.com/2012/10/how-to-do-pest-analysis.htmlarrow_forward
- Compose a position paper on how your local government unit respondsto the COVID-19 crisis and what is your advocacy on your chosen issue.You need to be as objective as possible by citing valid and reliablesources. You also need to make the necessary adjustments to yoursources’ authenticity and reliability based on the comments andsuggestions of the professor.arrow_forwardCreate a PowerPoint presentation with the following 4 elements: Provide an overview and discuss the function of 1 publicly financed healthcare program in the United States. How has that program evolved and influenced the entire U.S. healthcare system? What are some of the accomplishments and challenges for that program? What does that program do to focus on health prevention and performance?arrow_forwardHelparrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub