Amazon's Vertical Integration Jeff Bezos, the owner of Amazon has become the world's richest person with a net worth of approximately $200 billion. This can be attributed to the extremely fast growth in the share value of Amazon. One of the premier reasons behind this fast growth is vertical integration. First Amazon starts using the services itself. Over a period of time, Amazon builds operational efficiencies in these services. Once these services have a competitive advantage over similar other services, Amazon offers them to other corporations and users. This model has been wildly successful and has been instrumental in making Amazon the giant that it is today. When Amazon started its business, it wanted to be an asset-light company. Bezos was of the opinion that he would simply pass on the orders from the customers to the publishers. However, he soon realized that the order fulfillment and customer service was weak. As a result, Amazon had to create its own warehouses. Jeff Bezos has invested a lot of time and money in making Amazon's warehouses the most efficient ones. Today, these warehouses are largely run by using technology like robotics process automation. These warehouses offer the lowest cost amongst their competitors. Once Amazon was sure that it could take on competition, it started offering the service to other companies. Amazon has also developed one of the best cloud computing ecosystems. Amazon's business model has traditionally relied on the use of computing technology to gain better insights into customer behavior. As a result, Amazon acquired a lot of storage space, databases and created other applications for its own use. However, these applications were built in such a way that they could be offered to other smaller businesses as well. Amazon has recently announced its intention to launch its delivery business. This has sent the shares of companies like UPS and FedEx into a tizzy. After all, Amazon is the master of innovation. It has been working on technologies like drone deliveries to reduce the cost of its operations. It is also known to be experimenting with other technologies such as in-house deliveries. On the other hand, companies like UPS have massive unions. The workers there are opposed to any kind of technological advancement. They believe that the increase in operational efficiency will lead to job loss and redundancy. To sum it up, Amazon has become the master of vertical integration for online companies. When internet businesses started thriving, there was considerable ambiguity as to whether they will be able to achieve vertical integration. Amazon has certainly shown the way. It is on the way to becoming one of the most vertically integrated companies in the world. Questions: 1. Describe Amazon's vertical integration strategy and outline its value chain activities. GROUP 1 2. Discuss three (3) benefits and three (3) risks of Amazon's vertical integration strategy. GROUP 2 3. What is Amazon's level and type of diversification? Justify your answer.

Answers

Answer 1

1. Amazon's vertical integration strategy involves the company owning and controlling various stages of the value chain to achieve operational efficiencies and gain a competitive advantage. The value chain activities of Amazon can be outlined as follows:

a) Procurement: Amazon procures products from suppliers, including books, electronics, clothing, and more, to stock its inventory.

b) Operations: Amazon operates its own warehouses and distribution centers, utilizing advanced technology and automation to streamline order fulfillment and logistics.

c) Technology: Amazon has developed its own cloud computing infrastructure known as Amazon Web Services (AWS), providing on-demand computing resources, storage, and databases to businesses and individuals.

d) Marketing and Sales: Amazon uses its e-commerce platform to market and sell products directly to consumers, offering a wide range of products and personalized recommendations.

e) Customer Service: Amazon places a strong emphasis on customer service, providing various support channels and ensuring a positive shopping experience.

2. Benefits of Amazon's vertical integration strategy:

a) Cost efficiencies: By owning and controlling key aspects of the value chain, Amazon can eliminate intermediaries and reduce costs, allowing for competitive pricing and higher profit margins.

b) Operational control: Vertical integration gives Amazon full control over its operations, enabling the company to optimize processes, improve quality, and enhance customer satisfaction.

c) Synergy and innovation: Integration across various value chain activities allows Amazon to leverage synergies and drive innovation. For example, insights from customer behavior data can be used to enhance product offerings and personalize recommendations.

Risks of Amazon's vertical integration strategy:

a) Increased risk exposure: By expanding into multiple areas, Amazon becomes exposed to risks associated with each segment. Changes in market conditions or regulatory challenges can impact the company's performance.

b) Potential antitrust concerns: Amazon's dominant market position and vertical integration may raise concerns regarding fair competition and antitrust regulations. This could result in regulatory scrutiny or legal challenges.

c) Complexity and operational challenges: Managing a wide range of business activities can be complex and challenging. Integrating different functions and maintaining operational efficiency across diverse segments requires significant resources and expertise.

3. Amazon's level of diversification can be categorized as related diversification. The company has expanded into various businesses and services that are related and complementary to its core e-commerce operations. These include AWS, logistics and fulfillment services, digital content streaming, and more. The diversification is justified by the synergies created among these businesses, allowing Amazon to leverage its existing capabilities and customer base to enter new markets and generate additional revenue streams.

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Related Questions

A minimum wage that is set below a market's equilibrium wage will result in
A. an excess demand for labor, that is unemployment.
B. an excess demand for labor, that is, a shortage of workers.
C. an excess supply of labor, that is unemployment.
D. None of the above is correct.

Answers

Usually, a minimum wage that is set below a market's equilibrium wage will result in an excess demand for labor, which  is, a shortage of workers.

What is a market's equilibrium wage?

The equilibrium market wage refers to an intersection of the supply and demand for labor wage.

The minimum wage means the ceiling wage that must be paid to the labor.

Hence, when a minimum wage is set below a market's equilibrium wage, it will result in an excess demand for labor, which  is, a shortage of workers.

Therefore, the Option B is correct

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__________________________ address the problem of economic growth by continually striving for a more educated workforce that can create, invest in and apply new technologies

Answers

Technological leaders address the problem of economic growth by continually striving for a more educated workforce that can create, invest in and apply new technologies.

Technology is the result of accumulated knowledge and the application of skills, methods and processes used in industrial production and scientific research.

Technology is the way scientific knowledge is applied to practical purposes. It includes not only machines (such as computers), but also technologies and processes (such as how computer chips are made).

Technology is changing the world with the introduction of tools such as the Internet and e-mail for communication, word processing, spreadsheets and presentations for office productivity, electronic databases for record keeping, robots and artificial intelligence. It has evolved and shaped our workplace. automation.

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which of the following is true about FBLA-PBL?

A. There are thousands of chapters
B. joining replaces the need to attend college
C. the organization doesn't host any events
D only middle school students can join

Answers

Answer:there are thousands of chapters.

Explanation:

it’s the only answer that makes sense.

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

physicians clinic orders by phone seven cases of single-use latex gloves from quality medical supplies, inc at a cost of $100 per case. after three cases are delivered and accepted, physicians clinic repudiates the contract. quality medical can enforce the contract to

Answers

After three cases are delivered and accepted, physicians clinic repudiates the contract. Quality medical can enforce the contract to deduct the difference between the contract price and the market price for the remaining four cases.

Single-use latex gloves are the non-reusable gloves that are made from latex. They are used in various industrial, medical, and laboratory applications. The gloves are used for the protection of the wearer and other people from infections, allergens, and other contaminants. They are used by people who work with potentially harmful substances that can cause infections or allergies.

Repudiation of a contract is when one party breaches the contract by declaring that they will not perform their obligations under the contract. The repudiation of a contract may occur by words or by conduct. It may also occur by anticipatory breach. The anticipatory breach occurs when one party declares that they will not perform their obligations under the contract before the time for performance comes.

A contract is an agreement between two or more parties that creates legal obligations between them. The contract may be expressed or implied. It may be written or oral. The contract may be enforceable by law. The contract may be governed by the common law or by the Uniform Commercial Code (UCC). It may also be governed by international law. It is important to have a valid contract because it provides security and predictability to the parties involved.

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a form of pre-paid interest where one point equals one percent of the loan amount is known as what...?

Answers

What discount point is a type of pre-paid interest where one point represents one percent of the loan amount.

When one or more people, businesses, or other entities lend money to other people, businesses, or other entities, that is considered loan. In addition to the money borrowed, the recipient often becomes obligated to pay interest charges until the obligation is repaid. Documentation proving the debt typically includes details like the principal amount owed, the interest rate levied by the lender, and the payment deadline. The loan involves a temporary division of the subject asset between the lender and the borrower. Lender approval of the loan is motivated by the interest payment. Each of these conditions and requirements are upheld in a formal loan.

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Asser and his partner Ali decided to start a business selling flowers called A and A Blooms. They agreed the business
objectives they would set. There are several other shops in the town and much competition. Asser and Ali had little
cash to start the shop, BUT after 5 years running, it is still open. Business objectives have changed, there are plans to
open 2 or 3 new shops, perhaps by taking over some of their competitors. The business now employs 5 workers and
uses several local flower growers as suppliers.
a) What is meant by 'business objective'?
[2]
Goals
Direction in which business Сол be succesful
b) Identify two of A and A Blooms' stakeholders, other than workers and suppliers.
[2]
Customers and Community
c) Identify and explain two likely business objectives of Blooms when the business was first established. [4]

Asser and his partner Ali decided to start a business selling flowers called A and A Blooms. They agreed

Answers

A business objective simply refers to the results that a business wants to achieve. Having a business objective is vital for a business.

It should be noted that business objectives are the measurable results that a business hopes to maintain as the business grows.

The examples of A and A Blooms' stakeholders apart from the workers and suppliers will its shareholders and customers. Stakeholders are affected by the decisions taken by a business.

The two likely business objectives of Blooms when the business was first established include profit maximization and cost minimization.

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One of Coppertone's marketing tactics is the sponsorship of the men's and women's Olympic soccer teams. To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are a(n) ________ group.

Answers

One of Coppertone's marketing tactics is the sponsorship of the men's and women's Olympic soccer teams. To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are a(n) aspirational group.

To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are an aspirational group. These young players may look up to the Olympic teams as role models and aspire to one day play at that level themselves. The sponsorship of the Olympic soccer teams by Coppertone could potentially inspire these young players to use Coppertone products to protect their skin while playing soccer, as they see their favorite players using them.

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T/F. Retired people typically have a much greater need for life insurance than young people with families.

Answers

The statement given "" Retired people typically have a much greater need for life insurance than young people with families." is false becasue retired people typically have a reduced need for life insurance compared to young people with families.

Young people with dependents may need life insurance to protect their loved ones financially in case of their death, while retirees often have fewer dependents and may have already accumulated savings to provide for their loved ones after their death. Some retirees may choose to maintain life insurance policies to leave a financial legacy or to cover end-of-life expenses, but for many, the need for life insurance decreases as they age and their financial obligations and responsibilities change.

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Please I need help it’s due today

Please I need help its due today

Answers

Answer:

Forget about school, its the big ;man trying to bring us down. Focus on the grind Brotha follow yo dreamzz.

Explanation:

You got it my g

when business owners look at leading economic indicators, they generally are doing this to help predict what will happen over the following___

three to nine weeks

there to six years

six to nine months

three to six months

Answers

Three to nine weeks
it would be three to nine weeks

Which descriptions offer examples of Marketing workers? Check all that apply. Eric oversees the sales of a company's products and services. Chester plans and schedules meetings for company managers. Gwen makes sure a company follows laws and regulations. Desiree oversees the promotional activities of a company. Kara guides a company's pricing strategies. Terrance creates a budget for a company.​

Answers

Answer:

1,4,5

Explanation:

Answer:

A. Eric oversees the sales of a company’s products and services.

D. Desiree oversees the promotional activities of a company.

E. Kara guides a company’s pricing strategies.

____________________________________________________

See Image Below

Which descriptions offer examples of Marketing workers? Check all that apply. Eric oversees the sales

Explain whether the following statements are True or False (each statement carries 3 marks): a. The value of a firm at a given point in time can be viewed as consisting of two terms, the value of current period earnings and the current interest payment. b. The CAPM says that a stock with zero beta risk should have the risk-free interest rate.

Answers

The statement is false because a firm's value is the present value of future cash flows, not just current period earnings and current interest payments. The value of a company depends on the future cash flows that the company will generate and the risk associated with those cash flows.

The value of a company at any given time is based on estimates of the future cash flows the company will generate and the risk associated with those cash flows.
The statement is true. According to the Capital Asset Pricing Model (CAPM), the expected return on a stock is determined by the risk-free interest rate and the market risk premium. The market risk premium is the excess return that investors demand for bearing risk. A stock with zero beta risk is considered to have no systematic risk and is expected to earn the risk-free rate of return.

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True/False: a time series model with a seasonal pattern will always involve quarterly data

Answers

False. A time series model with a seasonal pattern can involve any time interval, not just quarterly data. Seasonality refers to a pattern that repeats itself regularly over time, and it can occur at any frequency, such as monthly, weekly, daily, or even hourly.

For example, a retail store might experience higher sales during the holiday season every year, which creates a yearly seasonality pattern. Alternatively, a manufacturing plant might have a weekly pattern in production output due to different shifts and work schedules. In time series analysis, it is important to identify the appropriate time interval of the seasonality pattern and adjust the model accordingly to make accurate forecasts. Therefore, it is not necessary that a time series model with a seasonal pattern involves quarterly data.
False: A time series model with a seasonal pattern does not always involve quarterly data. Seasonality in time series models refers to any predictable and recurring pattern that occurs at regular intervals. While quarterly data, such as financial statements and economic indicators, are common examples of seasonal data, other time frames can exhibit seasonal patterns as well.

For instance, daily data may exhibit seasonality due to weekly patterns (e.g., increased sales on weekends), while monthly data may show seasonality due to yearly patterns (e.g., higher energy consumption during winter months). It is essential to identify and account for the seasonality in a time series model to make accurate forecasts, regardless of the time frame.

In summary, while quarterly data can exhibit seasonal patterns, seasonal patterns can also occur in other time frames, making the statement false.

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Advantages of using activity-based costing includes all of the following:

Answers

Advantages of using activity-based costing includes more accurate product costs and It provides a more accurate cost per unit.

What Is Activity-Based Costing (ABC)?

ABC is a technique for allocating overhead and indirect costs, such wages and utilities, to goods and services.The ABC method of cost accounting is built on activities, which are defined as any occasion, project, or job with a clear objective.A cost driver is an activity, such purchase orders or machine settings.The amount of overhead and indirect costs associated with a certain activity is determined using the cost driver rate, which is the cost pool total divided by cost driver.The cost pool total divided by the cost driver, which results in the cost driver rate, is the formula for activity-based costing.

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Which government agency would be responsible for testing for leaded paint
in imported toys from China?
A. Consumer Product Safety Commission
B. Environmental Protection Agency
C. Food and Drug Administration
O
D. Federal Trade Commission

Answers

Answer:

A. Consumer Product Safety Commission

Explanation:

When the high lead levels were detected during a routine inspection, the Consumer Product Safety Commission (CPSC) issued a recall, the first for a lead-contaminated toy in 2007.

Consumer Product Safety Commission, government agency would be responsible for testing for leaded paint in imported toys from China. Thus, option (a) is correct.

What is a government agency?

A permanent or semi-permanent organization inside the federal or state government is referred to as a government agency. Federal agencies are specialized government institutions created for a particular function, such as resource management, financial regulation of specific sectors, or matters of national security.

On October 24, 1972, the Consumer Product Safety Commission was founded. The Consumer Product Safety Commission (CPSC) issued a recall after the excessive lead levels were found during a routine inspection, the first for a lead-contaminated toy in 2007. The CPSC works to reduce "unreasonable risks" of harm in order to advance the safety of consumer products.

As a result, the conclusion of the Consumer Product Safety Commission is a government agency. Therefore, option (a) is correct.

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Where should a worker go for equipment to help put out a small fire?

Where could a supervisor get a bandage for a worker with a cut hand?

Where should a supervisor go to call for an ambulance after a worker breaks a leg?

Answers

Answer:

a. the front east wall

b. the floor manager’s office

c. the employee cafeteria

Explanation:

(A) A worker should go for tools to support putting out a small fire on the front east wall. DON’T pick individual belongings: Fires spread fast.

Who is Supervisor?

(B) A supervisor obtains a bandage for an employee with a cut hand in the floor supervisor’s office.

(C) A manager goes to call for an ambulance after an employee breaks a leg in the employee cafeteria.

While it’s comprehensible that employees will be shocked during a fire, keeping a level leader is important to survival. Fortunately, manipulating fire drills should support provide a calm reaction since everyone will comprehend exactly what to do.

Wrap the wound with a bandage, stay away from food and prep spaces, protect the hand with a glove and finger cot, and protect the wound with a bandage and a glove or a finger cot.

we would extremely advise you to directly administer First Aid and call an ambulance if somebody: Appears not to be breathing, is holding chest pain, working to breathe, or breathing strangely -appearing to ‘suck in’ below their rib cage and utilizing different muscles to support them to breathe.

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Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.

Answers

Answer: See explanation

Explanation:

The seven functions of marketing include:

1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.

2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.

3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.

4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.

5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.

6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.

7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.

Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment

Answers

Answer:

Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.

Explanation:

Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.

Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :

build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.

Four Ways through which Schools can promote Entrepreneurship include the following

Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.

What is Entrepreneurship ?

Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.

Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.

Entrepreneurship brings about creativity and as such value is created which leads to more wealth.

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anna buys the same brand of orange juice that her family has been consuming for years. she has never thought of trying any other brand. in the given scenario, anna's purchase decision is an example of .

Answers

It is a true statement that brands can help reduce a consumer's perceived risk of purchase.

What does a brand mean?

In showcasing, brand implies a name, term, image, plan, or blend of these that distinguishes a merchant's items and separates them from contenders' items.

Brand discernment can impact Purchasers as it is seen by certain individuals that the brands they pick make their superficial points of interest, individuals desire extraordinary brands and well-known brands, and marking influences mental self-portrait and confidence as well. While certain brands are seen to assist with lowing confidence, others could approve existing confidence.

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a manufacturer of cotton sells its product to a clothing manufacturer. this is an example of marketing

Answers

A manufacturer of cotton sells its product to a clothing manufacturer. this is an example of business to business marketing.

What is business to business marketing ?

This can be described as a type of marketing that exists between two organisation. It typically involves wholesalers and retailer. In this type of marketing, a business can decide to sell their product to another business.

This type of marketing is very essential because a company or organisation may be in dire need of the products of another company, this may be required or needed to boost sales and growth. An example is a manufacturer that sells cotton to another clothing manufacturer to help produce their product. Another example is a cocoa farmer that sells his produce to factories that produce beverages. This way it is beneficial to both businesses.

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An agent is discussing an equity index annuity purchase with a client. The agent explains that there are several which she feels are equally suitable for the client, but one of the companies is offering a trip for 2 to Las Vegas for reaching certain sales goals. She continues by stating that this sale will put her over the goal and win her the trip. If the client purchases that annuity, the agent
A) will probably be disciplined for failure to disclose the potential conflict of interest
B) should pack her bags for the trip; she earned it
C) should only sell what is suitable for the client based on all available information
D) should pack her bags and leave the firm before the compliance department learns of her actions

Answers

Answer:

B) should pack her bags for the trip; she earned it

Explanation:

In this scenario, it can be said that if the client purchases that annuity, the agent should pack her bags for the trip; she earned it. Since the annuity that has been recommended by the agent is offering her an incentive, and the agent fully disclosed that fact to the client, then she did her duty correctly. In the case that the client decides to purchase the annuity, they do so with full knowledge of the potential conflict of interest.

Reading market news by non-U.S-based publications will help:

Answers

Answer:

broadening the investor base and also allowing them to become better integrated into the local business scene.

Explanation:

Select the correct answer. Which utility applies to a company that educates customers about its products' features? OA form utility O B. knowledge utility O C. possession utility D. place utility O E. price utility Reset Next​

Answers

Answer:place utility

Explanation:

Utility applies to a company that educates customers about its products' features is possession utility. Thus the correct option is C.

What is a product?

A product is referred to as a finished good distributed in the market to serve the customers. This product is tangible in nature which consumers can see, touch and utilize.

Possession utility measures the degree of usefulness or perceived value a consumer gets from owning a certain product. Companies must make their products easier to own because this increases the product's perceived value.

Therefore, option C possession utility is the appropriate answer.

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Do the Math The general ledger for Reese Delivery Service contains the following account balances:

Cash in Bank $ 8,000
Supplies $200
Delivery Equipment ?
Ed Reese, Capital $16,200
Delivery Income ?

Using the following clues, determine the balances of the Delivery Equipment account and the Delivery Income account:
Total debits equal $24,200.
The balance of the Delivery Income account is one-half the balance of the Delivery Equipment account.​

Answers

In the general ledger for Reese Delivery Service contains the following account balances: Delivery Equipment is $16000 and Delivery Income is  $8000.

What do you mean by the Delivery Income?

The teams, systems, and procedures in charge of receiving payments from your clients and converting them into income for your company make up your revenue delivery infrastructure.

The act of transmitting a good, money, security, cash, or other item that is the subject of a contract is referred to as "delivery" in the financial markets.

Here,

Total assets =  $24,200.

Calculation of delivery equipment and income:

Total Assets = cash in bank + supplies + delivery equipment

$24200 = $8000 + 200 + delivery equipment

$24200 = $8200 + delivery equipment

Delivery Equipment = $24200 − $8200

Delivery Equipment = $16000

Delivery Income = 1/2 × $16000

Delivery Income = $8000

Therefore, in  the general ledger for Reese Delivery Service contains the following account balances: Delivery Equipment is $16000 and Delivery Income is  $8000.

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jewels has $6.75 to ride the ferry around connecticut. it will cost her $0.45 every time she rides. identify the dependent variable and the independent variable in this scenario.

Answers

The dependent and independent variables for this scenario would be :

Dependent variable: total number of ferry ridesIndependent variable: Cost per ride

How to find the variables ?

The dependent variable is the quantity or value that depends on another variable. Here, the dependent variable is the total number of ferry rides Jewels can take with her $6.75.

The independent variable is the variable that is manipulated or controlled by the experimenter or is naturally occurring and believed to influence the dependent variable. In this case, the independent variable is the cost per ride, which is $0.45.

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what is our role in taking care of earth? *idk how to start a sentence*​

Answers

Answer:

Our earth is a nice place and to keep it nice we need to do these things: and so on

i need help please..​

i need help please..

Answers

Answer:

Changes in technology can affect the demand for different products or the demand for related products. It can increase the market for a product by increasing the demand for a new product and making an older product obsolete

Explanation:

When a firm discovers a new technology that allows it to produce at a lower cost, the supply curve will shift to the right as well. ... A technological improvement that reduces costs of production will shift supply to the right, causing a greater quantity to be produced at any given price.

A business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision making and problem solving is called____________.

Answers

Answer:

Management Information System

Explanation:

MIS which stands for Management Information System which is designated for decision making. It is not any kind of software, rather it is a system developed by gathering information from different resources in the organisation.

These resources include people, processes, products etc:

In order to control, and more importantly co-ordinate between various activities of the organisation, this provides for better control and solving the problems in the organisation.

This system works on creating information through study of various above stated resources in the organisation.

Some hotels ask their guests to rate the hotel's services as excellent, very good, good, and poor. This is an example of the

Answers

The rating of the hotel's service is an example of ordinal scale.

What is ordinal scale?

Ordinal scale is a term used in statistics. It refers to a measurement scale that allocates values to variables based on their relative ranking with respect to one another.

Ordinal scale displays from highest to lowest by different measurement points and also have equal units.

Hence, the above is an example of ordinal scale because it make use of values to variables in relation to their ranking.

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(a) Let U and V be random variables. Show that for any tR and > 0,P(Vt) < P(Ut +) + P(U-V| ).(b) Using (a), show that if X converges to X in probability, then Xn converges to X in distri- bution.Remark: The converse does not hold for a trivial reason: in convergence in distribution, we do not require that the sample spaces of the random variables are the same. From the following choices, select the factor you should consider to understand the threat in your environment. (Introduction to Antiterrorism, Page 3)How sophisticated are terrorist groups?How active are terrorist groups?Are terrorist groups violent?All are correct Is Guns Germs and Steel a good book? Convert 1.15 ATM of pressure to its equivalent in millimeters of mercury. Express the pressure numerically in millimeters of mercury Create an analytical business report that includes: 1) a title page; 2) a table of contents; 3) an executive summary; 4) an introduction, including a problem/question statement; 5) a main body of coll With regard to scientific knowledge, Ross has an extensive, highly organized, and integrated knowledge base that can be used to support a high level of performance. Ross has _________ in science. if the reserve requirement is 20 percent, the existence of $100 worth of excess reserves in the banking system can lead to a maximum expansion of the money supply equal to What are the 4 steps of the carbon cycle? How are climate change and global warning related? Read the excerpt from "The Lady Maid's Bell." I had been near a week at Brympton before I saw my master. Word came that he was arriving one afternoon, and a change passed over the whole household. It was plain that nobody loved him below stairs. Mrs. Blinder took uncommon care with the dinner that night, but she snapped at the kitchen-maid in a way quite unusual with her; and Mr. Wace, the butler, a serious, slow-spoken man, went about his duties as if he'd been getting ready for a funeral. He was a great Bible-reader, Mr. Wace was, and had a beautiful assortment of texts at his command; but that day he used such dreadful language that I was about to leave the table, when he assured me it was all out of Isaiah; and I noticed that whenever the master came Mr. Wace took to the prophets. Which best describes a gothic element in the excerpt and the social attitude it reveals? The arrival of Mr. Brympton causes fear, revealing that men are powerful in the world. Mrs. Blinder prepares a dinner well, revealing that cooking is considered the highest art. Mr. Wace reads the Bible, revealing that religion is no longer a respected institution. The servants do not like the master, revealing that having servants is no longer acceptable. A perfectly competitive, small, organic farm produces 1,000 cauliflower heads in the short run. It's AC = $6 and AFC = $2. The market price is $4 per head and is equal to MC. To maximize profits or minimize losses, this firm should: SOMEONE HELP ME PLEASE Evaluate the expression when w = 8 and x = 4:9w+5x w = 4, x = 5, and y = 6/ = fraction8x - (6 + y)w 3/4 = xy - 0.5ww/4 + 3(x+y) Let In+1 = 1.15xn + 10 be a linear DDS. a) Calculate the equilibrium value for this DDS. Round to 2 decimal places as needed. 2e = b) Determine the stability of the equilibrium and select the reason for your answer. The equilibrium of this system is because the slope is positive. O the slope in absolute value is greater than 1. the slope is negative. O the slope in absolute value is less than 1. c) Suppose the initial value is Xo = 14. Write the explicit solution for this linear DDS. d) Find 33 using either the recursive equation or the explicit solution. Round your final answer to two decimal places. 23 Arturo lives in colorado, which has a state income tax rate of 4.63%. he earns $1,345 biweekly. how much state income tax is withheld from each of his paychecks? My chest hurts rn when I breathe and i'm lieing down when I move it hurts what do i do!!!! For many of his clients, it took time for the insurance money to come through, for the fema money to appear, for any number of complications to work themselves out. but now things are moving. the city is rising again. since hurricane katrina, zeitoun a. painting contractor llc has restored 114 houses to their former states, or improved versions thereof. what is the meaning of the excerpt? zeitouns business serves underprivileged home owners. zeitouns business was stalled by the devastation of hurricane katrina. zeitouns business has won accolades for its rebuilding efforts. zeitouns business is thriving with the rebuilding of new orleans. please explain to me how to solve for x and y Escoge el verbo apropiado, segn el contexto.Yo de Arizona.estesestoysoy