« previous next »

Author Question: The lower the ________ compared to revenue, the higher the gross profit. A) assets B) cost of ... (Read 133 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
on: Jul 7, 2018
The lower the ________ compared to revenue, the higher the gross profit.
 
  A) assets
  B) cost of sales
  C) gross margin
  D) operating expenses

Question 2

Describe the types of computer support that can be used for structured, semistructured, and unstructured decisions.
 
  What will be an ideal response?


chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 7, 2018
Answer to Question 1

B

Answer to Question 2

 Structured Decisions: Structured problems, which are encountered repeatedly, have a high level of structure. It is therefore possible to abstract, analyze, and classify them into specific categories and use a scientific approach for automating portions of this type of managerial decision making.
 Semistructured Decisions: Semistructured problems may involve a combination of standard solution procedures and human judgment. Management science can provide models for the portion of a decision-making problem that is structured. For the unstructured portion, a DSS can improve the quality of the information on which the decision is based by providing, for example, not only a single solution but also a range of alternative solutions, along with their potential impacts.
 Unstructured Decisions: These can be only partially supported by standard computerized quantitative methods. It is usually necessary to develop customized solutions. However, such solutions may benefit from data and information generated from corporate or external data sources.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Aquatic microclimates: aquatic environments generally show less temperature variation compared to te Aquatic microclimates: aquatic environments generally show less temperature variation compared to te
Inspection of inner oral mucosa of lower lip Inspection of inner oral mucosa of lower lip
A horizontally opposed engine design helps to lower the vehicle’s center of gravity. A horizontally opposed engine design helps to lower the vehicle’s center of gravity.
Two-handed kneading to lower leg muscles. Knead the belly of the calf muscles using two hands ... Two-handed kneading to lower leg muscles. Knead the belly of the calf muscles using two hands ...
Joint movements of the lower leg for recovery after strenuous exercise. Joint movements of the lower leg for recovery after strenuous exercise.
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library