National Trade Show Services (NTSS) business is Suppose that currently the NTSS business is conducted manually. The company wants to develop a webbased online system to automate the business.
a) From the business description, identify and list the most important business activities (at least 10) of the current business. These are the functions that the future system must provide
b) Formulate 20 functional requirements. Three requirements under one business case will be considered as three requirements. For example, this will be counted as 3 functional requirements R1 The system shall allow a potential user to create an online account identified by a valid email address.
R1.1 The system shall require the user to specify the account type (event organizer, exhibitor, speaker, or observer). Different types of account shall have different privileges.
R1.2 The system shall send a temporary password to the email address. The temporary password must comply to commonly adopted password security rules.
R1.3 The system shall require the user to change the temporary password at the first login. The new password must comply to commonly adopted password security rules.
c) Derive use cases from the requirements specification and will be based on the business activities identified from part a. Specify ten high-level use cases.
d) Draw use case diagrams for 5 of them.
Answers
The most important business activities of the current NTSS business are: Event Management, speaker management and sponsorship management.
We can help plan and manage your event, including registration and speaker management for attendees, exhibitor and sponsorship management, venue management and session track management. We also offer pass management for attendees, hotel and room allocation management, and post-event analysis.
This system will help event organizers create and manage events, attendees register for events, speakers submit proposals and manage sessions, exhibitors register and manage their booths, sponsors register and manage sponsorships, venue managers manage venue information, event organizers manage sessions and tracks, attendees manage their passes and access to sessions, hotel managers manage hotel and room allocations, event organizers analyze post-event data. When signing up for the system, users must provide a valid email address and specify their account type (event organizer, exhibitor, speaker or attendee). The system will then send a temporary password to the user's email address. At first login users must change their temporary password according to security rules. If forgotten the user can reset their password. Event organizers can also create an event schedule which attendees can view and use to manage their own schedules. Exhibitors can also use the system to manage booth information and materials while sponsors can do the same with sponsorship information and materials.
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Related Questions
5) A small entrepreneur produces and sells hand-made decorative masks based on their orders which are given on the table. Currently, there are 2 masks on hand because of returned orders. At the beginning of each week, the staff must determine the weekly production amount. During a week in which any units are produced, a setup cost of $10 incurred. In addition, there is a variable cost of $30 in first and second weeks, and $35 in third and fourth weeks for each mask. At the end of each week, a holding cost of $2 per unit on hand is incurred. Capacity limitations allow a maximum of 25 units to be produced during each week and a maximum of 5 units as stock. They would like to determine a production schedule that will meet all demands with minimum total cost. Solve the given inventory problem by using dynamic programming.
Answers
The small entrepreneur is facing an inventory problem with hand-made decorative masks. The objective is to determine a production schedule that meets all demands while minimizing total cost.
To solve the inventory problem using dynamic programming, the entrepreneur can follow these steps:
Define the state variables: The state variables can include the week number, the number of masks on hand, and the production amount for the current week.
Formulate the recursive equation: The entrepreneur needs to determine the optimal production amount for each week based on the previous week's production amount and the current demand.
Construct a dynamic programming table: Create a table to store the optimal production amounts and corresponding costs for each week and number of masks on hand.
Populate the table: Start populating the table by calculating the costs for each possible production amount and number of masks on hand for each week, based on the recursive equation.
Find the optimal production schedule: Once the table is populated, trace back the optimal path from the final week to the first week to determine the production amounts for each week that minimize the total cost.
Analyze the results: Evaluate the total cost and production schedule obtained from the dynamic programming approach to ensure all demands are met while minimizing costs.
By applying dynamic programming to the given inventory problem, the entrepreneur can determine the optimal production schedule that meets all demands with the minimum total cost.
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What are the two steps a producer can take to gain an absolute advantage? produce more goods. use high-quality resources. produce more expensive goods. use fewer resources. produce high-quality goods. use local resources.
Answers
Answer:
The correct answers are 1) produce more goods and 4) use fewer resources.
Explanation:
In the economic theory the definition of absolute advantage is the ability to produce as much of a product as possible while using few resources. On the other hand, comparative advantage is something that can help a producer sell a good at a low price which is attractive for customers while retaining good sale margins.
1. Produce more goods.
4. Use fewer resources.
If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quantity demanded?
Answers
Answer:
12
Explanation:
At the price of $24, the demand is 36
At the price of $30, the demand is 24
change in quantity demanded
= 36-24
= 12
Cashews, Inc. issued $100,000, 6% bonds at face value on January 1. The bonds pay interest semiannually on June 30 and December 31. For the year ended December 31, the amount of interest paid equals ______ and is reported on the statement of cash flows as a(n) ______ activity. Multiple choice question.
Answers
Sheridan Company produces flash drives for computers, which it sells for $20 each. The variable cost to make each flash drive is $13. During April, 650 drives were sold. Fixed costs were $1400 for the month. How much is the monthly break-even level of sales in dollars for Sheridan? $4000 $200 $3250 $13000
Answers
Answer:
$4,000
Explanation:
The computation of break-even is shown below:-
Contribution margin ratio = (SP per unit - VC per unit) ÷ SP per unit
= ($20 - $13) ÷ $20
= 35%
Break-even sales dollars = Total Fixed Costs ÷ Contribution margin ratio
Break-even sales dollars = $1,400 ÷ 35%
= $4,000
Therefore we applied the above formula.
Hence, the break even sales in dollars is $4,000
consider a $25,000 loan to be repaid in equal installments at the
end of each of the next five years. The interest rate is 10%. Set
up an amortization schedule for the loan
A. Set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 10%.
B. How large must each annual payment be if the loan is for $50,000? Assume that the interest rate remains at 10% and that the loan is still paid over 5 years.
C. How large must each payment be if the loan is for $50.000, the interest rate is 10% and the loan is paid off in equal installments at the end of each of the next 10 years? This loan is for the same amount as the loan in part b, but the payments are spread out over twice as many periods. Why are these payments not half as large as the payments on the loan in part b?
Answers
A. Amortization schedule for a $25,000 loan at 10% interest over 5 years:
Yearly payment: $6,383.96.
B. Annual payment for a $50,000 loan at 10% interest over 5 years: approximately $15,590.68.
C. Each payment for a $50,000 loan at 10% interest over 10 years: approximately $8,503.36. The payments are not half as large because the longer repayment period spreads out the interest.
A. Amortization Timetable for a $25,000 credit at 10% interest more than 5 years:
Year 1:
Installment: $6,383.96
Interest: $2,500.00
Head: $3,883.96
Remaining Total: $21,116.04
Year 2:
Installment: $6,383.96
Interest: $2,111.60
Head: $4,272.36
Remaining Surplus: $16,843.68
Year 3:
Installment: $6,383.96
Interest: $1,684.37
Head: $4,699.59
Remaining Surplus: $12,144.09
Year 4:
Installment: $6,383.96
Interest: $1,214.41
Head: $5,169.55
Remaining Surplus: $6,974.54
Year 5:
Installment: $6,383.96
Interest: $697.45
Head: $5,686.51
Remaining Surplus: $1,288.03
B. To decide the yearly installment for a $50,000 credit at 10% interest more than 5 years, we can utilize the amortization recipe. Utilizing the recipe:
Yearly Installment = (Credit Sum * Loan fee)/(\(1 - (1 + Premium Rate)^_ (-Number of Installments)\)
Yearly Installment = (50000 * 0.10)/\((1 - (1 + 0.10)^_-5)\) ≈ $15,590.68
C. In the event that the advance is for $50,000, the financing cost is 10%, and the credit is taken care of in equivalent portions north of 10 years, every installment can be determined utilizing a similar amortization equation:
Installment = (Advance Sum * Loan fee)/\((1 - (1 + Premium Rate)^_(-Number of Installments)\)
Installment = (50000 * 0.10)/(1 - \((1 + 0.10)^_-10)\) ≈ $8,503.36
The installments are not half as extensive as the installments to some extent B on the grounds that the advance term is multiplied. With the more drawn out reimbursement time frame, the interest is fanned out over additional periods, bringing about more modest yearly installments. While the credit sum is something very similar, the diminished effect of interest installments over a more drawn out span prompts a more modest yearly installment contrasted with the credit to a limited extent B.
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This week reviews Electronic Health Records. Please respond to the following questions:
a.What are some advantages of having an EHR within a healthcare organization?
b.Who do you feel should oversee the everyday functions?
c.Who should be included when making updates to the system?
d.Doo you feel EHRs are improving the overall quality of care that an organization can offer a patient?
Answers
a. Some advantages of having an Electronic Health Record (EHR) within a healthcare organization include: Improved accessibility and availability of patient information, Enhanced care coordination, Increased accuracy and legibility, Efficient workflow and decision support, Electronic Health Records.
Improved accessibility and availability of patient information: EHRs allow authorized healthcare providers to access patient records easily, facilitating timely and coordinated care. Information such as medical history, test results, and treatment plans can be accessed from different locations, improving efficiency and patient safety.
Enhanced care coordination: EHRs enable seamless sharing of patient information among healthcare professionals involved in a patient's care. This promotes better coordination, reduces duplicate tests or procedures, and improves communication between providers.
Increased accuracy and legibility: EHRs eliminate the issues associated with illegible handwriting and reduce the likelihood of errors caused by manual data entry. They promote standardized documentation, which improves the accuracy and quality of clinical records.
Efficient workflow and decision support: EHRs often include features such as alerts, reminders, and clinical decision support tools. These assist healthcare providers in making informed decisions, following best practices, and providing evidence-based care.
Electronic Health Records (EHRs) offer several advantages within a healthcare organization, contributing to improved patient care, efficiency, and safety. The points mentioned above highlight key benefits such as improved accessibility and availability of patient information, enhanced care coordination, increased accuracy and legibility of records, and efficient workflow with decision support.
Implementing EHRs in a healthcare organization can bring numerous advantages. It is essential for healthcare providers to consider these benefits and assess how EHRs can improve patient care, streamline operations, and support decision-making. However, it is important to recognize that the successful implementation and utilization of EHRs require proper training, user engagement, and ongoing evaluation to maximize their potential benefits.
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Companies create a division of labor among employees in order to: 0 a. allow each employee to perform one task at a high level. b. gain access to more human and physical capital. c. reduce the opportunity cost for hiring new employees. o d. make it easier to shift employees between different jobs.
Answers
Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
What is division of labor?It involves Sharing of duties or job among individuals or employee.
An employee is allowed to handle a particular task for efficiency.
Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
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What is the richest person in the world right now?
What is the best money making job in the U.S?
Can you get your job back after getting fired?
Answer all please.
Brainliest included.
Thank you.
Answers
2: I would say a doctor or pilot?
3: Yes you can. However, it will be difficult trying to convince your employer.
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Distinguish between the sources of information about foreign employment..
Answers
Answer:
Foreign employment might imply that the employer is a foreign entity, while international employment does not make any assumptions about the employer; it might be local (let’s say in the US,) with positions around the world. Another reason why you need to study the specifics is that usually the local labor laws control the employment conditions, so it does not matter where the company’s headquarters are.
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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When we purchase certificates of deposit or bonds, we forgo ________ in exchange for interest.
A) Liquidity
B) Purchasing Power
C) Tax Payments
Answers
Answer:
A
Explanation:
Certificate of deposit is a form of deposit where money is deposited in a financial institution for a defined period of time in order to earn a return.
It has advantages in paying higher returns than some other form of savings and is even more secured , however liquidity is forgone for the interest.
This means that you can not withdraw your money before the defined time unless you are willing to forgo some accumulated interest and also pay early withdrawal penalty.
As cash is tied up , other investment opportunity that could bring a higher investment might be missed.
consider two products, a and b, that have identical cost, retail price, and demand parameters, and the same short selling season (the summer months from may through august). the newsvendor model is used to manage inventory for both products. product a will be re-offered next summer, so any leftovers this year can be carried over to the next year, while incurring a holding cost on each unit left over equal to 25% of the product's cost. product b is to be discontinued at the end of the season this year, and the leftovers will be salvaged at 75% of the cost. how do the optimal ordering quantities for these products compare?
Answers
Based on the given information The quantity of product A is higher.
What is a Product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
In the case, it is explained that Both products' inventories are controlled using the newsvendor concept. Product A will be re-offered next summer, allowing any unused units from this year to be carried over to the following year with a holding cost of 25% of the product's cost for each unit left over.
This year, the remaining stock of product B will be salvaged at a cost of 75% and no longer sold due to discontinuation which states that product a performed better.
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Which of the following is not a reason for redesigning a product or service?
A) to reduce labor or material cost
B) to increase the level of customer satisfaction
C) to increase quality
D) to increase the level of employee satisfaction
E) to attract and increase customer demand
Answers
How do many people become millionaires?
A) All of these
B) They save aggressively.
C) They avoid debt.
D) The invest their money.
Answers
Answer:
all of the above is the answer
thats the correct answer
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
Answers
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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Accounts Receivable 800 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) eTextbook and Media
Answers
The T-accounts for Accounts Receivable would have a beginning balance of $800. The transactions are then posted in the order of the journal entries presented in the question, resulting in a new balance for the Accounts Receivable account.
Accounts Receivable is an asset account in the general ledger that represents money owed to a business by its customers. Transactions involving accounts receivable are usually recorded in a sales journal or general journal.
To post the transactions to T-accounts for Accounts Receivable, we need to start with a beginning balance of $800. Then, we can post each transaction in the order presented in the question:
1. Accounts Receivable is debited for $500, and Sales Revenue is credited for $500.
The T-account for Accounts Receivable will now show a debit of $500, bringing the balance to $1,300.
2. A customer pays $600 on their account.
The T-account for Accounts Receivable will be credited for $600, resulting in a balance of $700.
3. A customer returns $200 worth of merchandise, which is debited to Sales Returns and Allowances.
The T-account for Accounts Receivable will be credited for $200, reducing the balance to $500.
4. A customer who previously had a balance of $700 fails to pay their account, which is written off as a bad debt expense.
The T-account for Accounts Receivable will be debited for $700, bringing the balance to $0.
After all of the transactions have been posted, the T-account for Accounts Receivable will show a final balance of $0, which represents the total amount of outstanding accounts receivable that have been paid, written off, or adjusted for returns and allowances.
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Have you ever bought something you thought would make you happy, but in the end it didn't?
Answers
Answer:
ummmmmmmmmm yea, but it's all cool now hbu
Owners of florida homesteads can deduct $50,000 of the assessed value for properties valued at more than __________.
Answers
Explanation:
Yeuwjee728228282jsjnsnsns
BTW
The new video game console from Kashikoi Games was just released for sale to the public. The console has been a huge success. Kashikoi Games makes the console available for purchase on their website and at TechMart and SmartShopper retail stores. In this scenario, which is the best example of a delivery system?
A, Kashikoi Games's website and the public sector
B. TechMart and the new console
C. The new console and Kashikoi Games
D. SmartShopper and Kashikoi Games's website
Answers
The best example of a delivery system in this scenario is D. SmartShopper and Kashikoi Games's website, as these are the channels through which the new video game console from Kashikoi Games is delivered to the consumers.
Explanation:In this scenario, the best example of a delivery system is D. SmartShopper and Kashikoi Games's website. These are the channels through which the product, the new video game console from Kashikoi Games, is delivered to the consumer. This means that these channels are part of the delivery system because they bridge the gap between the producer (Kashikoi Games) and the end user (the gamer). TechMart is another example of a part of the delivery system in this scenario.
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_______________ are a comprehensive tool, especially since it would cost our society so much to prosecute and allow a trial for every individual that committed a crime.
Answers
Answer:
"Plea bargains" would be the correct approach.
Explanation:
The mechanism by which a convicted criminal as well as lawyer arrive at a mutually agreeable conclusion of such a criminal proceeding needs to be approved by the judge. It is indeed a deal during which the offender seeks to make a reduced case guilty verdict and indeed the complainant offers to dismiss an even more severe punishment.According to Jeffrey Harper, why is market research important?
A Without research data to base decisions on, marketers are just guessing
B By researching, people know marketers care about them
C Data generated by research can be sold to make extra money
D Research is fun, easy and cheap so even if nothing is learned, the experience is good
Answers
Answer: The correct answer is A i.e. Without research data to base decisions on , marketers are just guessing .
Explanation: Market research involves gathering data to learn more about target demographics and consumers so a business can market itself more effectively and, ultimately, succeed in the market.
Harper is an assistant professor of practice in the area of marketing & supply chain. According to him research plays a very important role , without doing proper or required research marketers are just assuming which might prove to be very dangerous in future .
What research will help prepare you before you apply for a job?
Informational interviews on the position and background research on the
company.
Research on the subjects you need to study.
Interviewing friends and family to know if the position is a good fit for you.
Researching the salary for that job.
Answers
Answer:
Informational interviews on the position and background research on the
company.
Explanation:
A job interview helps select a suitable person to fill in the vacant position. The interviewer will ask questions to gauge the candidate's understanding of that position. Research on the positions will give a candidate confidence and content when responding to questions.
Research on the company provides background understanding, which helps them relate the job requirements and the company. This information will help convince interviewers of one suitability on the job. A candidate appears knowledgeable and familiar with what is expected of them.
If the economy is currently in short-run equilibrium at point a, what type of monetary policy would be most effective to bring the economy back to long-run equilibrium?
a) expansionary monetary policy to shift AD to the right
b) expansionary monetary policy to shift SRAS to the right
c) contractionary monetary policy to shift AD to the right
d) contractionary monetary policy to shift SRAS to the right
Answers
When total output and total demand are equal, this is referred to as short-run equilibrium.
What function does the economics serve?According to economists, the study with scarcity underlies economics. This is thus because there are only so many workers, plots of land, and raw materials, yet there is an endless supply of people who want them. In essence, we constantly seek more. The standard response is that an economic is a system for allocating scarce resources.
Which kind of economy is best?Since there is little government interference in market economies, all management choices are made by private ownership. Greater effectiveness, productivity, and innovation are produced by this economy type.
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Recount the methods used to assign costs to inventory and cost of goods sold under both a perpetual and a periodic system. (Check all that apply.) Multiple select question. Weighted average Specific identification First-in, first-out Last-in, first-out First-in, last-out Last-in, last-out
Answers
The methods used to assign costs to inventory and cost of goods sold under both a perpetual and a period system are:
a. Weighted average
b. Specific identification
c. First-in, first-out
d. Last-in, first-out
What are the inventory methods?For most businesses, the four inventory methods used for assigning costs to the ending inventory and the cost of goods sold for the period are the Weighted average, Specific identification, First-in, first-out, and Last-in, first-out.
Thus, the inventory methods do not include First-in, last-out Last-in, last-out.
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Fill in the customer satisfaction survey You go to your in-house database, which houses eCompeteUSA's domestic and international sales as well as revenue composition over the past 10 years. You examine this data and apply some statistical analysis in order to help decide where to go next. What should you present at the next meeting to put your investigation on the right path?a. Present the trends in the growth of the U.S. eSports market, because the majority of eCompeteUSA's sales are domestic.b. Present data on eCompeteUSA's current revenue streams, broken down by source with sales trend extrapolations.c. After further consideration, you decide to step back and work on defining the research problem.
Answers
Answer: After further consideration, you decide to step back and work on defining the research problem.
Explanation:
Based on the options given, the answer will be "After further consideration, you decide to step back and work on defining the research problem".
It should be noted that the research problem isn't stated and one doesn't really know what the person wants to do. Do the right thing is to work on the research problem first before doing any other thing.
An innovative business idea that no one has never had
Answers
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
in what ways do you benefit from living in a country with a mixed economic system that leans more toward a market economy?
Answers
The benefit of a mixed economy examine efficient production and allotment of resources, as well as betterment of social benefit or welfare.
What is a market economy?A market economy is defined as an economic system where the supply and demand forces determine how any commodities are produced.
These economies are not ruled by a central authority and instead rely on voluntary exchange.
These markets coexist with authorities participation, and private business firm coexist with public undertakings in an amalgamated economic system.
Therefore, the advantages of a mixed economy include more efficient production and resource allocation, as well as improved social benefit.
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Particularly during the early years of a home purchase, home ownership can provide
Tax deductions
Greater liquidity
Significant spruces of revenue
Insurance protection
Answers
According to taxing regulations, particularly during the early years of a home purchase, homeownership can provide "tax deduction."
This is because as a homeowner, the Internal Revenue Service, which is in charge of tax collection, offers the individual a tax deduction of up to $5,000 as a single or divorced and up to $10,000 of property taxes as a married couple filing jointly.
This situation allows individuals to have a tax break and offset the high costs of buying and acquiring a home.
Hence, in this case, it is concluded that the correct answer is option A. "Tax deductions."
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