A business model enables the analysis of future scenarios.Select one:O TrueFalse

The word "business model" describes how a corporation generates revenue. It includes a list of all…

Answered: A business model enables the analysis…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Which of the following does NOT apply to decision making under uncertainty? a. Minimax regret b. Maximin return c. Maximize expected return d. Maximax return
$2.7 million. the cost of goods sold is estimated to be 40 percent of sales, and corporate overhead would increase by $308,000, not including the cost of either acquiring or leasing office space. the corporation will have to invest $2.7 million in office furniture, office equipment, and other up-front costs associated with opening the new office before considering the costs of owning or leasing the office space. a small office building could be purchased for sole use by the corporation at a total price of $6.1 million, of which $900,000 of the purchase price would represent land value, and $5.2 million would represent building value. the cost of the building would be depreciated over 39 years. the corporation is in a 21 percent tax bracket. an investor is willing to purchase the same building and lease it to the corporation for $690,000 per year for a term of 15 years, with the corporation paying all real estate operating expenses (absolute net lease). real estate operating expenses…
In general, a "better" and not the "best" solution is offered by innovation. True False
The business and industry profile section of the business plan should cover existing and anticipated profitability of firms in the targeted market segment and any significant entry or exit of firms. * O True O False
The second law of thermodynamic, according to Clausius statement says Select one: a. it is impossible to construct a device than can transfer heat from a hotter body to a cooler body without any effect b. it is possible to construct a device that can transfer heat from a hotter body to another hooter body without any effect c. it is possible to construct a device than can transfer heat from a cooler body to a hotter body without any effect d. it is impossible to construct a device than can transfer heat from a cooler body to a hotter body without any effect.
Choose one. According to the Leveson, et. al. article, ‘The analysis of a friendly fire accident using a systems model of accidents’, the shooting down of US Army Black Hawk helicopters can be best understood through: Analyzing dysfunctional controls in place at the time. Identifying inaccurate communications between the F-15 pilots and AWACS controllers. Recognizing incomplete coordination between independently controlled elements. Identifying flawed mental models within the command and control system. Using a systems model to look at all aspects of the accident.
The Ingham Italian Festival would be an example of which type of event? Minor event Major event Hallmark event Mega event None of the above
true or false 9. The second-degree stochastic dominance is better than the firstdegree stochastic dominance when evaluating the highest expected utility.
The purpose of a Business Impact Analysis (BIA) is to determine: Choose the correct answer? The cost to repair a failed system The extent of a disaster's damage Critical business processes that must be maintained How often an incident will occur
A UK based company "Davison Canners" decided to expand their business to Brazil. You are the manager of the company and the directors have asked you to conduct the following analysis: PESTLE Analysis Five Forces Analysis McKinsey 7s Analysis
Outcome and operations are one of the three activities for thinking about analysis. True False
A business model does not allow analysis of different areas of a firm and comparisons with other companies. Select one: O True False

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A business model enables the analysis of future scenarios. Select one: True O False