User Account

All Pages

Describe the black box model

Assignment Help Business Management
Reference no: EM132942955

1a) Illustrate with an example, the PRINCIPLE OF MODELLING. Clearly identify the elements of model construction

b) discuss why data used in data analytics and business modelling need to be reliable and valid

2a) describe the black box model. What role does it play in the business modelling process?

b) what is an influence diagram and what role it plays in the business modelling process?

c) below is an influence diagram that depicts a Profit Model (Profit = Revenue - cost) of a business. Construct a black box model to capture all the elements/variables in the influence diagram

Reference no: EM132942955

Questions Cloud

Describe the systems iceberg model : Considering your own generation of plastic waste and drawing on the "systems iceberg model" from Week 8, explain how some of the "underlying structures" and "me
Main reason for using headings-bulleted lists : What is the main reason for using headings, bulleted lists, or numbered lists in the body of the email
What amount should be reported as cash : If a balance sheet were prepared for Collegiate Sports Co. on November 30, 20Y9, what amount should be reported as cash
Discuss the four dimensions of statistical reasoning : Discuss the four dimensions of statistical reasoning. Explain a specific example of the application of the four steps process in a managerial decision-making
Describe the black box model : 1a) Illustrate with an example, the PRINCIPLE OF MODELLING. Clearly identify the elements of model construction
Estimate the price of lotus stock : The dividend per share will grow 5 percent per year. The required rate of return on equity is 11 percent. Estimate the price of lotus stock
Information systems in management : 1. Summarize the experiences of 2 companies that have used extranets to improve their operational efficiency.
How many shares would be the balance of investment : How many shares would be the balance of investment of Alpha with Bravo after the property dividends were distributed to its shareholders
Outline the use of correlation analysis in market research : Outline the use of correlation analysis in market research. Give an example to illustrate your answer.

Reviews

Write a Review

Business Management Questions & Answers

  Giving bad news to a job applicant

You are the hiring manager for a mid-sized company. You have narrowed the applicants for a managerial position to two:

  Create strategic employee innovation plan to support

Create a strategic employee innovation plan to support you in strategizing the implementation and fostering of innovative thinking across the organization.

  Explain the effects of minkow actions on the stakeholders

What factors do you think motivated Minkow to return to his evil ways after becoming a respected member of the community following his release from prison in the ZZZZ Best fraud? Using Kohlberg stages of moral development, how would you characterize ..

  Business idea you have and appropriate entity

Write a essay on a business idea you have and the appropriate entity you would choose to start this business.

  Find equilibrium price and quantity algebraically

The demand and supply functions for jeans areP=50-3QP=14+1.5Q a. Find equilibrium price and quantity algebraically

  What was it about the second example that did not work

What was it about the second example that did not work? Explain your answer.

  Start-up a restaurant business

Which source of finance should i use to start-up a restaurant business? Commercial Bank loans.

  What is moral intensity

What is moral intensity and how does it impact ethical decision making?

  Draw a flowchart for this process with detailed activities

Draw a flowchart for this process with detailed activities for these steps. Identify potential failures that customers may experience

  Experiencing a longterm water shortage

California is experiencing a longterm water shortage because there is just not enough rain" Evaluate this statement using demand and supply reasoning.

  Improve interactions of members and increase productivity

Working with organizations to improve the interactions of members and increase productivity through collaborative behavior is an essential role of the organization development human resources specialist. You will need to pick an organization to us..

  Corp enterprise wk5 book using is management mistakes amp

corp enterprise wk5 book using is management mistakes amp successes 10th edition author robert f. hartley.case study

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd