Why is scenario analyses an important tool for managers?

Answers

Answer 1

Scenario analysis is very important because it helps to ensure that the management of an organization follows a course that can help them to make better decisions.

What is scenario analysis?

This can be defined to be the analysis that can help one to make better decisions and plan their business in such a way that they would have a better strategy.

It helps to challenge the assumptions that are made about the future and also explore alternatives.

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Related Questions

Assume that sparks uses a perpetual specific identification inventory system. its ending inventory consists of 2 units from beginning inventory, 4 units from the jan. 5 purchase, and 10 units from the jan. 29 purchases. calculate the dollar value of its ending inventory.

Answers

The dollar value of the ending inventory is given as $264

How to solve for the dollar value of ending inventory

Through the specific identification system, we can identify units through the use of accounting principles.

We have to multiply the number of units of inventory by the amount that it costs.

Hence we have

2 * 12 + 4 * 15 + 10 * 18

This gives us $264 as the dollar value of the inventory.

Complete question

Assume that Sparks uses a perpetual specific identification inventory system. Its ending inventory consists of 2 units from beginning inventory, 4 units from the Jan. 5 purchase, and 10 units from the Jan. 30 purchases. Calculate the dollar value of its ending inventory.

Jan 1

Beginning Inventory

10 at $12

Jan 5

Purchase

10 at $15

Jan 30

Purchase

10 at $18

Feb 8

Sale

14 units

$186

$264

$160

$450

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Answer:$264

Explanation:

if you expect the inflation rate to be 15 percent next year and a one-year bond has a yield to maturity of 7 percent, then the real interest rate on this bond is:

Answers

If the inflation rate is  15 percent. The real interest rate on this bond is:22%.

Real interest rate

Using this formula

Real interest rat=Expected inflation rate+ One year yield to  maturity

Let plug in the formula

Real interest rate=15%+7%

Real interest rate=22%

Therefore the inflation rate is  15 percent. The real interest rate on this bond is:22%.

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Cheng is a district manager for a health insurance company. recent reports indicated that cheng's district was not performing as well as other districts in his region. cheng thinks he has been a poor leader and blames himself for the decline in performance in his district. cheng's view of the situation is an example of:_________.
a) tolerance of failure.
b) low self-esteem.
c) need for affiliation.
d) external locus of control.
e) internal locus of control.

Answers

(B) is correct i.e. low of self esteem.

Self esteem means confidence in oneself, its overall your opinion what to do, what is your interest, what do you think about your abilities, & what are you limitations.District Manager, this is such a renowned position which requires a lot of self- confidence, good communication, leadership and many more. Here Cheng's point of view is very negative, he is full of low confidence in himself , don't have patience and leadership quality so that he can manage the situation in the district. From my point of view blaming yourself can't be the solution of it.Cheng's should have that much confidence in himself than only he can manage the situation & can bring his district over the other.

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what are examples of government legislation designed to protect the consumer? (choose every correct answer.)

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Some examples of government legislation in the united states which is aimed at protecting consumers include the following.

Federal Food, Drug, and Cosmetic Act,Fair Debt Collection Practices Act the Fair Credit Reporting Act Truth in Lending Act Fair Credit Billing ActThe Gramm–Leach–Bliley ActHow does Government protect Consumers?

Government provide legislation which helps in protecting consumers and their right.

 

 These legislation ensures that producers and manufacturers do not exploit the consumers for lack of options.

 The government does this by enacting laws that guarantees consumer protection thereby regulating the excesses in the market.

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The definition of market equilibrium states that at the _______________, the quantity of labor demanded by employers will equal the quantity supplied.

Answers

The definition of market equilibrium states that the quantity of labor demanded by employers will equal the quantity supplied at an equilibrium wage.

What is an equilibrium?

The point at which the forces of demand and supply are equal from both the sides, and there is an expression of a perfect competition in the market, such point is known as an equilibrium.

Hence, option B holds true regarding equilibrium.

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Amtrak is promoting and upgrading passenger rail service. All but one of the following are facts Select one: A. It has high-speed train service between New York and Boston B. Total passenger miles have grown since 1981 C. In the northeast corridor it is the dominant carrier D. It operates some commuter agencies under contract E. It operates without any government subsidy

Answers

The main fact about Amtrak corporation that is promoting and upgrading the passenger rail service is that its operates without any government subsidy.

What is Amtrak corporation?

It is a railroad service that essentially provides an inter-city rail service in the United States and Canada.

Hence, despite that Amtrak corporation that is promoting and upgrading the passenger rail service, it does not operates without any government subsidy.

Therefore, the Option E is correct.

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Terry purchases a property. the deed includes a description of an easement given to the neighboring property. this is an easement created by ______.

Answers

This is an easement created by statute or court action.

What is a statute?

It should be noted that a statute simply means a written law that's passed by a legislative body.

In this case, purchases a property. the deed includes a description of an easement given to the neighboring property. this is an easement created by an easement created by statute or court action.

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a certain value has a standardized score = 1.75. how many standard deviations from the mean does this value fall? is this value greater than or less than the mean?

Answers

Based on the fact that the value has a standardized score of 1.75, this means that the value is 1.75 greater than the mean.

What is a standardized score?

The standardized score of a value is meant to show the value's position relative to the mean value of the data set.

A value with a standardized score of 1.75 is therefore 1.75 standard deviations above the mean.

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Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75,000 of common stock was issued. dividends of $48,000 were paid. for the year ended december 31, moringa reported a net income of $287,500. what is the retained earnings balance on december 31

Answers

Based on the beginning retained earnings balance and the net income as well as dividends, the retained earnings balance will be $1,585,500.

How much are retained earnings on Dec. 31?

This can be found as:

= Beginning retained earnings + Net income  + dividends paid

Solving gives:

= 1,250,000 + 287,500 + 48,000

= $1,585,500

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the ______ is characterized by a commitment to equal opportunities in hiring and promotions, and does not directly link a work group’s productivity or success with diversity.

Answers

Discrimination-and-Fairness Perspective is characterized by a commitment to equal opportunities in hiring and promotions, and does not directly link a work group’s productivity or success with diversity.

What is the Discrimination-and-Fairness Perspective?

This is the concept or terminology that is based on the  fact that people are the same basically and have to treated the same way in their work places.

This perspective has to do with the fact that  and that all forms of differences or awareness has to be reduced to a great minimum.

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An employee handling key management discovers that a private key has been compromised. Evaluate the stages of a key's life cycle and determine which stage the employee initiates upon learning of the compromise.

Answers

The stage the employee initiates upon learning of the compromise is Revocation.

How to illustrate the information?

Upon learning of a compromise, the current key should be revoked, and a new key can then be generated.

Certificate generation identifies the public part of a key pair as belonging to a subject, and the subject submits it for signing by the CA as a digital certificate with the appropriate key usage.

Key generation occurs during the initial distribution of the key, or after having revoked one. Expiration and renewal are used for a key pair that has not been revoked or expired after a certain period. A given shelf-life increases security.

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Managing the Economy with Monetary Policy In this exercise you will be evaluating the economic condition of the country and making decisions in order to keep the economy level. The amount of money in circulation has a tremendous effect on the economy and inflation. Imagine if you found $100,000 in cash floating around your front yard. What would you do with it

Answers

The inference if one finds $100,000 in cash floating around your front yard is to take it to the police.

What is an inference?

It should be noted that an inference simply means the conclusion that can be deduced based on the information given in a literary work.

In this case, the inference if one finds $100,000 in cash floating around your front yard is to take it to the police. This is essential to locate the owner.

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Jasmine's General Store advertises cans of X-brand tomatoes for $.33 per can, although she does not have any in stock. When customers arrive to buy the tomatoes, Jasmine tells them that her stock of tomatoes has been sold and that she cannot get more at the lower price. She tells customers she has Y-brand tomatoes in stock for $.55 per can and that the Y-brand tomatoes are far superior to the X-brand. Jasmine is:

Answers

In this scenario, where the store advertises cans of X-brand tomatoes but sells Y-brand tomatoes instead at a higher price, Jasmine is a. engaging in bait-and-switch advertising.

What is bait-and-switch advertising?

Bait-and-switch advertising is a sales fraud that involves luring customers in with false claims about product quality and price when it is not available.

During the process, the customer is usually offered another product that may have a higher price than the one originally advertised.

Question Completion with Answer Options:

a. engaging in bait-and-switch advertising.

b. violating regulation Z.

c. employing good business tactics.

d. engaging in counter-advertising.

Thus, Jasmine is a. engaging in bait-and-switch advertising.

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Diego and his supervisor have coffee together every monday. this is an example of a

Answers

Diego and his supervisor have coffee together every Monday is an example of a ritual

What is a ritual?

A ritual is described as set of activities which may involve gestures, words, actions, or objects, performed according to a set sequence.

According to Diego and his supervisor, there has a been a constant action performed every week (taking coffee together). Since this act has become repetitive, they have become a ritual.

Hence Diego and his supervisor have coffee together every Monday is an example of a ritual

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_______________ is the value of the best alternative given up when a choice is made.

Answers

Answer:

Opportunity costs

Hope it helps!

A decision that involves doing a little more or a little less of something is called a:.

Answers

Answer:

Marginal decision.

Which type of decision maker over-analyzes a given piece of information?

Answers

Agonizer is the  type of decision maker over-analyzes a given piece of information.

What is decision in the organization?

Decision is the important factor in the organization as the organization go on the decision take the people work in a firm. The decision can make or break the company and the good decision always beneficial for the company.

The options are missing in the question

A. Mystic

B. Agonizer

C. Submissive

D. Fatalist

Thus, option B is correct.

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Which feature is used to summarize data from multiple worksheets but does not require that the data be in the same location on every worksheet?

Answers

Consolidate data from each worksheet into a single worksheet to summarize and report results from several worksheets.

What is worksheet?

A group of cells arranged into rows and columns is referred to as a "worksheet" in Excel documents.

Data consolidation makes it possible to combine the information from various worksheets into one master worksheet.

In other words, the Data Consolidation function compiles information from a number of worksheets or workbooks into a single worksheet that you can quickly update.

As a result, data consolidation is summarizing data from multiple worksheets.

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Sunk costs are costs that ____. Multiple choice question. will not contribute to profits in the long run even if a project is accepted have already occurred and are not affected by accepting or rejecting a project relate to other projects of the firm cannot be measured

Answers

A sunk cost is a cost that have already occurred and are not affected by accepting or rejecting.

What is a sunk cost?

These refer to costs that the business has already incurred and so cannot recuperate regardless of whether they accept a project or not.

They therefore have no say on a project's acceptance and should not be included in any project analysis.

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It took podcasts about 8 years to reach 1 billion downloads
True or False

Answers

True because many people have different styles so might like different things do it can be hard to make something many people like

In order for a loan to come within the scope of the truth in lending act, the credit or loan must _____.

Answers

For a loan to be within the scope of the Truth in Lending Act, it needs to be $25,000 or less. Unless secured by a mortgage on real easte.

What does the Truth in Lending Act do?

It is a federal act that was passed to stop creditors from using the lack of knowledge of debtors to make them heavily indebted by offering huge loans.

As a result of that act, loans now have to be $25,000 or less unless there is a mortgage on a real estate property that the creditor can use to recoup the loan in case of a default.

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The amount of a product an organization expects to sell during a certain period of time, based on a specified level of marketing effort, is called a:.

Answers

A sales forecast is the volume of merchandise that an organization anticipates selling over a given period of time, based on a predetermined level of marketing activity.

What exactly do you mean by marketing?

Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing.

Sales forecasting is the act of determining how much a sales unit—which can be a single salesperson, a sales team, or an entire company—will sell over the course of the upcoming week, month, quarter, or year.

Thus, organizing expectations for sales during a given period of time refers to the sales forecasts.

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Slavin Movement has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60. At this price, the bonds yield 7.5 percent. What is the coupon rate

Answers

The coupon rate=8.781% as bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60.

Explanation:

The price at the moment is stated as;

Current price=C×{1-(1/(1+r)^n)}/r+{F.V/(1+r)^n}

where;

C=current price

r=annual yield to maturity rate

n=number of years to maturity

F.V=face value

In our case;

C=$1,108.60

r=7.5%=7.5/100=0.075

n=14 years

F.V=$1,000

replacing;

1,108.60=C×{1-(1/(1+0.075)^14)}/0.075+{1,000/(1+0.075)^14}

1,108.60=C×{1-1/(1.075^14)}/0.075+{1,000/1.075^14}

1,108.60=(C×0.637/0.075)+363.313

1,108.60-363.313=8.48915 C

C=$87.81

But;

Annual coupon payments=coupon rate×face value

where;

annual coupon payments=$87.81

coupon rate=R%=(1/100)R=0.01 R

face value=$1,000

replacing;

87.81=0.01 R×1,000

R=87.81/(0.01×1,000)=8.781% = 8.781

Thus, The coupon rate=8.781%

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The Lincoln Company produces a wide range of furniture, such as cabinets, bookcases, and bureaus. It divides its consumer market into several groups of people who have similar interests in wooden furniture. The strategy of dividing its consumer market most likely _______. a. allows the Lincoln Company to use an undifferentiated targeting strategy b. enables the Lincoln Company to define customer needs and wants more precisely c. allows the Lincoln Company to meet the market's needs with a single marketing mix d. eliminates the need for developing marketing objectives

Answers

Lincoln company's strategy of dividing its consumer market will enables it to define customer needs and wants more precisely.

What is the strategy used by Lincoln company?

In marketing, this is known as segmentation which involves division of customers according to their segment such as age, needs, gender etc.

Here, as the firm has divided its consumer market into several groups that have similar interests in wooden furniture, this will allow them to define customer needs and wants more precisely.

Therefore, the Option B is correct.

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In a pull system reducing the number of kanbans:

Answers

The reduction of the number of kanbans in a pull system reduces the inventory which makes problems more visible.

What is a Pull system?

In a supply chain, the system is one where the procurement, production, and distribution are more demand-driven rather than based on predictions.

However, when there is reduction of the number of kanbans in a pull system, its reduces the inventory which makes problems more visible.

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The purpose of requirements structuring is to: A. enable the analysts to gather information on what the system should do from as many sources as possible. B. enable the analysts to identify several feasible alternatives. C. enable the large amount of information gathered during requirements determination to be organized. D. enable the analysts to develop a baseline project plan quickly. E. collect information about the information systems that are currently in use.

Answers

The purpose of requirements structuring is option (c) i.e, to enable a large amount of information gathered during requirements determination to be organized.

What is requirements determination?

Requirements In order to determine what the requirements are, how the system operates, and where improvements could be made, information must be gathered about the current system and studied. can include specific issues or characteristics as well as specifications for a new system.

The two contemporary strategies for determining needs, JAD and prototyping, were created and are based on the earlier conventional techniques.

Important Activities in Need Determination:

The system is being examined, and its attributes are being recorded for future research.At the core of system analysis, fact-finding methods, prototyping, and computer-aided tools are used to record and describe system features.

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Female executives in international business have workplace challenges due to gender biases in some countries. For this reason, some companies do not eagerly offer women _____.

Answers

For this reason, some companies do not eagerly offer women international assignments.

What are the barriers/challenges women face at the workplace?Because men have dominated leadership roles for so long when a woman demonstrates these qualities, they are not as well received.Men continue to have more networks than women, which allows them to hear about opportunities and locate mentors and sponsors who will support their growth.The difficulty of juggling work and home obligations sometimes prevents women from pursuing leadership positions. The outdated idea of male and female home responsibilities is still used in the design of workplaces.Obstacles still exist in the form of hostile work environments and covert bias. Women of race encounter more barriers to success and are thus even less likely to assume leadership positions.

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What is the cost gained by producing one additional unit of a good or service?
A. Market-Oriented System
B. Marginal Revenue
C. Market Structure
D. Marginal Cost

Answers

Answer:

B Marginal Revenue

Revenue is money earned from the production of goods and services.

When both supply and demand decrease, the equilibrium price ________ and the equilibrium quantity ________.

Answers

When both supply and demand decrease, the equilibrium price increase and the equilibrium quantity  decrease.

What is supply and demand?

Supply can be defined as the amount of goods that a company is willing to produce and supply while demand can be defined as the amount of goods that consumer are willing or ready to buy.

When both supply and demand decrease, the equilibrium price and the equilibrium quantity can do the following:

Increase; decreaseDecrease; decreaseRemain the same; decrease


Therefore when both supply and demand decrease, the equilibrium price increase and the equilibrium quantity  decrease.

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With a newspaper headline suggesting additional health benefits from eating apples, based on the change in demand in the apple market, price and quantity will change in what ways?

Answers

We can actually deduce here that based on the change in demand in the apple market, price and quantity will change in such a way that the price and quantity will increase.

What is change in demand?

Change in demand actually refers to the way that the demand on goods and services change as result of price increment or decrease or other factors.

We see that if the demand for apples increase as a result of the additional health benefits, the price and quantity will also increase.

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this ven diagram shows sports played by 10 students.let event a = the student plays basketballlet event b = the student plays soccer what is p(A/B)? Which pair of statements describes the end behavior of the graph of the function f(x) = x3 + 2x2 5x 6? Question 10 of 33Which of the following is a characteristic of a regular tessellation?O A. It uses only one type of regular polygon.OB. It uses more than one type of regular polygon.O C. It allows for overlaps and spaces between shapes.OD. It does not cover a surface completely.SUBMIT For Labrador retrievers, black fur is dominant over yellow. Could a golden yellowLabrador be obtained by crossing two black ones? Explain. (3 marks) A forest fire destroys an area. A small population of trees and a large population of birds are both affected. Whichtype of limiting factor causes this?density dependentdensity independentpopulation dependentpopulation independent what kind of neurotransmitter is serotonin ? Which statement describes an electron?O It has a positive charge and is located in the nucleus.OIt has a positive charge and is located in orbitals around the nucleus.O It has a negative charge and is located in the nucleus.OIt has a negative charge and is located in orbitals around the nucleus. what must an applicant for a real estate license do if they have been convicted of a crime How have policies of the U.s, and otter countries governments changed since 9/11? what about cultural changes? what are. changed ways the world has changed that are not discussed in the story? identify the coefficient of -24x7y3 6x+2y=20 2x-3y=3 solve by substitution if the formula for number of people in bus is p=50b, where k= 50 people per bus show me the formula for number of buses per person ? Six years ago, HOPCO granted Mr. Sing a nonqualified option to purchase 1,000 shares of HOPCO stock at $55 per share. On date of grant, the market price was $50 per share. This year, Mr. Sing exercised the option when the market price was $64 per share. How much ordinary income does Mr. Sing recognize because of the exercise Read the following excerpt from part 5 of Zeitoun.It was a test, Zeitoun thinks. Who among us could deny that we were tested? But now look at us, he says. Every person is stronger now. Every person who was forgotten by God or country is now louder, more defiant, and more determined. They existed before, and they exist again, in the city of New Orleans and the United States of America. And Abdulrahman Zeitoun existed before, and exists again, in the city of New Orleans and the United States of America. He can only have faith that will never again be forgotten, denied, called by a name other than his own. He must trust, and he must have faith. And so he builds, because what is building, and rebuilding and rebuilding again, but an act of faith? There is no faith like the faith of a builder of homes in coastal Louisiana.Which statement best describes the narrative voice of this excerpt?The voice is objective because the events of the story are told without feeling.The voice is objective because it is told from a third-person perspective.The voice is subjective because the narrator offers facts and details of his own experiences.The voice is subjective because the narrator is relating Zeitouns opinions and emotions. what are the two different types of dns requests? A section of DNA is shown. 3'TCG ATA TCC5' Which sequence best shows the result of transcription for the section of DNA?A. AGC TAT AGGB. TCG ATA TCCC. UCG AUA UCCD. AGC UAU AGG Find the HCF ofx^2 y and y^2 What are two reasons why a switch port would have a status of errdisable? (choose two. ) The intended effect of an expansionary monetary policy is that aggregate demand: remains unchanged while the economy's long-run potential growth rate increases. increases, raising inflation and real GDP growth in both the short run and the long run. increases, raising inflation and real GDP growth in the short run, but only inflation rises in the long run. increases, raising real GDP growth only in the long run. Which ONE of the following statements is true concerning the historical development of government?Select one:a.Things were stagnant in government development for hundreds of years.b.Aristotle continued to develop more theories about government.c.Several Greek philosophers came up with revolutionary thoughts about government.d.No theories about government had been developed until the modern times.