___________ Combines Technology with Manual Employee Effort to Identify Trends,perform

question 64

Multiple Choice

___________ combines technology with manual employee effort to identify trends,perform comparisons,and highlight opportunities in supply chain processes,even when large amounts of data are involved.

• A)Data mining
• B)Supply chain analytics
• C)Benchmarking
• D)Third-party logistics

Acknowledge the unpredictability of entrepreneurial success based on personal characteristics alone.

Understand the process and importance of product development and pivoting in the business world.

Recognize the educational background and risk profile of typical entrepreneurs.

Understand the concepts of diversity and innovation in enhancing problem-solving within organizations.

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Definitions:

Natural Resources

Assets that consist of standing timber and underground deposits of oil, gas, and minerals.

Act of Nature

Natural events outside of human control, such as earthquakes, floods, or hurricanes, that can cause damage or affect contracts and liabilities.

Fair Value

An estimate of the market value of an asset or liability, based on current prices in an orderly transaction between market participants.

Book Value

Book value is the value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus any depreciation, amortization, or impairment costs.