Find the Slope Then Describe What It Means in Terms

question 117

Multiple Choice

Find the slope then describe what it means in terms of the rate of change of the dependent variable per unit change in the independent variable.
-The linear function f(x) = -5.3x + 21 models the percentage of people, f(x) , who eat at fast food restaurants each week x years after 1998.

• A) m = 5.3; the percentage of people eating at fast food restaurants each week has increased at a rate of 5.3% per year after 1998.
• B) m = 21; the percentage of people eating at fast food restaurants each week has increased at a rate of -5.3% per year after 1998.
• C) m = 5.3; the percentage of people eating at fast food restaurants each week has increased at a rate of -5.3% per year after 1998.
• D) m = -5.3; the percentage of people eating at fast food restaurants each week has decreased at a rate of -5.3% per year after 1998.

Know how inventory costs are calculated and recorded using various inventory systems.

Understand the concept of consignment in inventory management.

Recognize the principles of consistency and full disclosure in inventory valuation.

Identify items that should or should not be included in merchandise inventory.

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Definitions:

Strategic Human Resources Management

An approach to managing human resources that supports long-term business goals and outcomes with a strategic framework.

HR Talent Management

Strategic approach to attracting, developing, retaining, and utilizing people with the required skills and aptitude to meet current and future business needs.

Benchmarking

A process that can enhance organizational performance by establishing standards against which processes, products, and performance can be compared and improved.

Human Capital Perspective

Viewing employees as valuable resources whose skills and abilities contribute to organizational success.