Because Spreadsheet Programs Automatically Recalculate All Formulas on a Worksheet

question 40

Short Answer

Because spreadsheet programs automatically recalculate all formulas on a worksheet every time a cell on the worksheet is edited, spreadsheet programs are particularly useful for what-if analysis (also called ____________________ analysis).

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Definitions:

New-product Development

It refers to the complete process of bringing a new product or service to market, including idea generation, concept testing, design, development, and marketing.

Customers

Individuals or organizations that purchase goods or services for personal use or to fulfill their own business needs.

Suppliers

Businesses or individuals that provide goods or services to another company under a contract or agreement.

Nontraditional Firms

Companies that operate in non-conventional ways, often challenging established norms and practices in their industry.