Why do we need big data?

Answers

Answer 1

Big data is used by businesses enhance operations, deliver better customer service, develop individualized marketing campaigns, and carry out other tasks that can ultimately boost sales and profits.

Why big data so important to an organization?

Organizations may harness their data and use big data analytics to find new opportunities. This results in wiser company decisions, more effective operations, greater profitability, and happier clients. Businesses that employ big data and advanced analytics benefit in variety of ways, including: cost reduction.Big Data is used in wide variety of public services, including fraud detection, health-related research, financial market analysis, and environmental protection. Professors can comprehend each student's unique necessities, show areas where they hinder or succeed, and create individual learning kit through the use of big data. Students can also choose their educational pathways.

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Related Questions

Is Tay-Sachs a point or frameshift mutation?

Answers

Yes Tay-Sachs is a point or frameshift mutation.

Explain frameshift mutation ?

The insertion or deletion of nucleotide bases in amounts that are not multiples of three is referred to as a frameshift mutation in a gene. This is significant because a cell reads the genetic code for proteins in groups of three nucleotides. These so-called "triplet codons" each stand for one of the 20 different amino acids that go into making a protein. The entire gene sequence after the mutation will be misread if a mutation alters this regular reading frame. This may lead to the incorrect amino acids being added to the protein or the development of a codon that prevents the protein from getting longer.

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which of the following statements is the most accurate? an annual average reading of less than 4 pci/l is an acceptable level of indoor radon.an annual reading of 12 pci/l is an acceptable level of indoor radon, if one does not smoke.an annual reading of 100 pci/l would not pose a health risk as long as some abatement work was done within 5 -10 years.an annual radon reading of over 200 pci/l would indicate that immediate death is certain.

Answers

Radon is a radioactive gas that has no smell, colour or taste. Radon is produced from the natural radioactive decay of uranium, which is found in all rocks and soils. Radon can also be found in water.

What are radio active gases ?

Any one of the three radioactive inert gases (actinon, thoron, and radon) that contribute to atmospheric ionisation by the ionising action of the alpha particles that they each emit upon disintegration.

These three gases all have an atomic number of 86, making them isotopic to one another. They belong to different families of radioactive elements, but they all originate from and decay through alpha emission. They develop as salts or minerals in the spaces between soil or porous rocks that retain their respective parent atoms. They reach the surface layers through exhalation.

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What are 2 renewable resources?

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Future prospects are bright thanks to sustainable energy sources including hydrogen, solar, and wind.

What renewable resources ?Natural resources that, after being used up, can be replenished or grown back to their original levels are known as renewable resources. Resources that are only partially renewable are those whose exploitation eventually reaches a point at which regeneration is rendered impossible.Utilizing renewable energy has both economic and environmental advantages, such as producing energy with no greenhouse gas emissions from fossil fuels and reducing some forms of air pollution. increasing energy supply diversity and decreasing reliance on imported fuels.

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What are the three C in credit?

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Character, Capacity and Capital

Those who someone may be looking into getting a loan from will assess the riskiness of lending to that individual based on these^ characteristics, and then decide whether or not to approve or deny the loan request.

In a paragraph response below, describe how the structure and organization of this text affected the listening/reading experience. How did it enhance the message behind the speech?

Answers

Text structure gives a text meaning since writers must arrange their work differently based on the type of information they're trying to convey. By comprehending and making use of the text structure while reading, readers can learn important facts and, as a result, the book's overall goal.

What is text structure?

Text structures explain the organization of information in writers' texts. By comprehending the fundamental structure of texts, students may focus on key concepts and relationships, make predictions about what will occur next, and keep a record of their knowledge as they read.

A few examples of text structures are sequential, narrative, time,  compare/contrast, proposition/support, problem/solution, order/chronology, cause/effect, inductive/deductive, and research.

The structure of academic writing must be sound. Academic writing requires a clear framework and logical flow in order to be coherent.

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Issue ownership refers to ______.

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Issue ownership refers to a theory in political science that contends that if people believe a political party is the most qualified to address a certain issue, then that party has ownership of that subject.

Ownership is the right to use, possess, and contribute anything. Ownership can be used to describe both tangible objects, such as real estate and personal property, as well as intangible ones, such as intellectual property rights.

According to the political science concept of issue ownership, politicians are said to own a problem if voters think they are the party most able to solve it. A party is thought to do better when the causes it supports are at the heart of the electoral process. It does not entail that one must do every task or avoid bringing up issues with superiors.

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Of the following email marketing goals, the best for a lead-generation website would be to

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The process of locating and gathering email addresses for potential prospects is known as email lead generation.

You can create leads using email lead generation for every stage of your sales process and gather the data you need to engage them with tailored emails. What do you want your audience to take away from the campaign? There are dozens of potential goals and objectives you may set for your email marketing campaign, from warming up prospects to incentivizing site visitors to make a purchase. A fairly simple idea serves as the foundation for email marketing. The greatest lead generation tools are ones that increase lead production while simplifying the work of your sales team. CRMs are a common component of these tools.

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bacia has produced 1,500 jars of strawberry jam, using homegrown strawberries from her farm. by concentrating her efforts on advertising and publicity, she is trying to encourage people to notice and buy her product. through her promotional activities, bacia is primarily engaging in the marketing function of

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Since Bacia  is concentrating her efforts on advertising and publicity, she is trying to encourage people to notice and buy her product. through her promotional activities, Bacia is primarily engaging in the marketing function of selling.

What role do purchasing and selling play in marketing?

The main activity in concentration is buying, whereas the main activity in dispersion is selling. The two main stages of the marketing process—concentration and dispersion involve transportation, storage, standardization and grading, funding, and risk-taking.

Therefore, a component of marketing, selling entails getting in touch with potential clients and following up on sales leads. It's crucial for marketing experts to chase sales leads subtly because doing so enables them to develop connections with future clients.

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What could a data analyst do with the Lasso tool in Tableau 1 point?

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Data analysts can use Tableau's lasso tool to select and highlight specific data points or sections of a chart. The lasso tool allows analysts to draw a free selection area around the data points they want to analyze.

This allows analysts to quickly identify trends and outliers in their data. The Lasso tool also allows users to filter the data so that only selected points are displayed on the graph. This can be useful for examining correlations and relationships between different variables in a data set. The Lasso tool can be used both for exploratory data analysis and for creating visualizations in Tableau.

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a newspaper article reports city council approval of the following projects for an area of town in which you are considering investing. which item might indicate increased property tax expenses in the near future?

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Widening a major artery is the item might indicate increased property tax expenses in the near future.

What is property tax? Why property taxes are increased in future?Property tax is a tax on real estate or personal property that is based on the assessed value of the property. It is usually calculated on an annual basis and is typically paid to local governments or municipalities. Property taxes are used to fund public services such as schools, libraries, parks, and infrastructure.Property taxes are typically increased in the future to fund local government services, such as public schools, police, and fire departments. Local governments may also increase property taxes to cover rising costs of services, such as healthcare and infrastructure. These increases are often necessary to meet the needs of a growing population, as well as to make up for lost revenue due to declining property values.

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What is the 3 name of entrepreneur?

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There are three essential sorts of entrepreneurs: The Creator, The Builder, and The Operator.

What are the three 3 major significance of entrepreneurship?

Basically, entrepreneurs are the pioneer of bringing new applied sciences and systems that subsequently bring modifications to society. These changes are associated with elevated lifestyle, generous thinking, better morale, and greater monetary choice.

What are the three private entrepreneurial characteristics?

Three Characteristics of Entrepreneurs

Researchers at the Harvard Business School have recognized three core characteristics to appear for in entrepreneurs: their persona traits, attitudes towards risk, and their desires and aspirations.

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For each statement about the selection of distribution channels, select true or false

A ) product price affects the length of a distribution channel

B) Perishable products require more direct distribution

C) Products that are bulky, large in size, and technically complicated and usually are sold through multiple handlers before reaching the end customer

Answers

A is false and b is true and c is true

I don’t know if this right or not sorry if it not

Does the method for calculating credit scores seem fair to you? Why or why not?

Answers

Credit scores are primarily determined by your payment history, credit utilization, average age of your accounts, account mix, and frequency of credit applications (inquiries).

What is the method for calculating credit scores ?

While each of these factors is significant, they are not all given the same weight by the hundreds of credit scoring models in use today.

Your financial situation does not always factor toward your credit score. Rent and utility payments are frequently not recorded to credit bureaus, so even if you have been making them on time for years, you may still not have a credit history. This might be particularly challenging for young people or newly arrived immigrants.

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What are the price controls of the market?

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Government regulations on wages, prices, or their rates of change are known as price controls. Such restrictions can be imposed by the government on a variety of products and services or, more frequently, on a market for a particular good.

The amount of money that an employer gives an employee for work that is finished within a particular amount of time is known as a wage. A few examples of wage payments include the minimum wage, going rate, annual bonuses, and compensatory benefits like prizes and tip money. Wages are included in the costs of running a firm. No matter how successful the company is, it has a responsibility to the employee. Payment by wage contrasts with salaried work, where the employer pays an agreed-upon sum at regular intervals (like once a week or once a month) regardless of the number of hours worked, commission-based pay, where pay is based on individual performance, and compensation based on the performance of the company as a whole. Employee perks, which are non-cash types of compensation, may also be given to wage earners in the form of tips or gratuities from clients. Since wage labour is the most common type of employment, the term "wage" is occasionally used to refer to all forms of employee pay, including monetary compensation.

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Why does an entrepreneur needs to be flexible?

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Being bendy as an entrepreneur can supply you with an essential aggressive edge. It helps you to take advantage of opportunities as and when they arise.

Why is flexibility essential for success?

Being bendy skill you are willing to adapt to conditions and make modifications to find solutions. Think about the organizations and eating places that tailored shortly to the pandemic.

They had a choice: to be ingenious and get creative, or close. Apply the equal standpoint to your problems.

Why do entrepreneurs need to be adaptable?

Adaptibility is making clever changes when challenges arise. It's a attitude that allows entrepreneurs (like you!) to navigate new situations and the inevitable bumps and curves in the ride of life.

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Problem situation: alec buys tickets to an amusement park. He buys one adult ticket for $45 and four youth tickets. He pays a total of $137. What is the cost of a youth ticket? complete the equation to represent this situation. The letter t represents the cost of a youth ticket.

Answers

A child's ticket costs $23.00.

How do equations work?

a formula that demonstrates the equality of two mathematical expressions.

The young group is traveling to a theme park in a different region of the state. Each member of the group must pay $150 for the excursion, which covers two one-day combo entrance and meal passes and $85 for the accommodation.

a. Create an equation to represent the trip's cost. P should represent the park pass's price. Alec purchases amusement park tickets in light of this. He spends $45 on one adult ticket and $4 on four kid's tickets.

If each juvenile ticket costs c, then

137 = 45 + 4c 4c = 92 c = 23.

As a result, each child ticket is expensive.

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What are the three main areas of risk for Internet safety?

Answers

However, they can be broken down into four hazard areas: being exposed to illegal material. Online safety issues cover a wide range of topics.

Which three internet safety measures?Your passwords should never be shared with anybody. Don't overuse passwords that are tough to guess. Maintaining passwords and hint information securely is important. Passwords should be securely kept, either on your computer in an encrypted file or by using another secure method.Which three concepts are the most important for information security?Three basic security principles are essential for internet-based information: confidentiality, integrity, and availability. Authentication, authorisation, and nonrepudiation are concepts that are connected to "users of the information."

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In connection with the annual audit, which of the following is not a "subsequent events" procedure?
A) Prepare any necessary closing journal entries.
B) Examine the minutes of stockholders and directors meetings subsequent to the balance sheet date.
C) Review journals and ledgers.
D) Obtain a letter of representation.

Answers

In connection with the annual audit, Prepare any necessary closing journal entries are not a "subsequent events" procedure. So the option A is correct option.

An event that occurs after a reporting period but before the financial statements for that period has been released or is available for release is referred to as a subsequent event. Such events could or might not need to be disclosed in the financial statements of an organization, depending on the circumstances.

An event offers extra details about the circumstances existing at the time of the balance sheet, including the assumptions made when preparing the financial statements for that time period.

An event offers fresh details regarding circumstances that weren't known at the time of the balance sheet.

Hence, in connection with the annual audit, Prepare any necessary closing journal entries are not a "subsequent events" procedure. So the option A is correct option.

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What are the 3 types of production?

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Three alternative production processes are available to businesses that offer items. These include batch production, continuous production, and job production.

Job Order Production: The system of job order output is distinguished by its modest production volume. It has to do with making items that specifically cater to customer needs.

Batch order production: Production of batches is appropriate for medium volume lots of the same kind, either to fulfil a specific order or to meet market demand. The plant's facilities are open for the manufacturing of additional, comparable products in response to market demand when a single batch's production has finished.

Continuous Production: This style of production is typically connected with strong demand and big volumes. Therefore, specialized manufacturing of identical commodities or products under full utilization of the machinery is known as continuous production. The rate of production is typically very high.

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A high average inventory value reduces the chances of inventory obsolescence.

a. True
b. False

Answers

False, A high average inventory value does not reduce the chances of inventory obsolescence.

An estimation of the worth or quantity of a certain commodity or group of goods over two or more specified time periods is known as average inventory. By averaging the beginning and ending inventory values throughout a certain time period, average inventory is the mean value of inventory during that time period, which may differ from the median value of the same data set. The value of all the products that are in stock and ready to be sold, as well as all the raw materials used to make those products, is known as inventory. Since it enables them to better manage their total business in terms of sales, costs, and relationships with their suppliers, successful inventory management is a crucial focus for businesses.

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How many value statements are there in Agile Manifesto?

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The Agile Manifesto is a report that recognizes four key values and 12 principles that its authors accept software designers ought to use to direct their work.

Value 1: Individuals and interactions

In the past, a ton of software teams would concentrate on having the most ideal tools or processes with which to construct their software. The Agile Manifesto proposes that while those things are important, individuals behind the processes are significantly more so.

Having the right gathering of individuals in your software team is vital to progress. The most ideal tools in some unacceptable hands are useless. Perhaps considerably more important is the way these individuals communicate with each other. The interactions between team individuals are what assists them with collaborating and take care of any issues that arise.

Value 2: Working software

Already, software designers would spend ages creating detailed documentation. That was before they even started composing a solitary line of code. And while documentation is definitely not something bad, there comes a moment that you ought to zero in on giving your customers working software.

The Agile Manifesto places delivering software to your customers as quite possibly of the greatest need. You can then gather feedback to assist you with working on future releases.

Value 3: Customer collaboration

Sometime in the distant past, contracts were above all else. You would draw up contracts with your customers who might then detail the completed item. Thus, there was often a contrast between what the contract said, what the item did, and what the customer actually required.

According to the Agile Manifesto, the emphasis ought to be on constant development. You want to fabricate a feedback circle with your customers so you can constantly guarantee that your item works for them.

Value 4: Responding to change

The issue with static roadmaps is that we don't live in a static world. Necessities and prerequisites are always moving, and needs are always changing. That static roadmap will before long become outdated.

That's the reason the Agile Manifesto recommends that a software team ought to have the ability to turn and change course as needs be, with an adaptable roadmap that mirrors that. A dynamic roadmap can change from one quarter to another, occasionally even month to month, and agile teams are able to stay aware of those changes.

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What is another word for closed economy?

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The term that is used to describe a system of a closed economy is called autarky.

Autarky, or a system of closed economy is defined as a system of economy that is employed by a country that does not involve any trade (exports or imports) or financial exchange or services with any other countries. A country with a closed economy believes that it must be self sufficient and must be able to produce all aspects of outputs of goods, commodity, and services needed by its economy in order to keep it moving without reliance on other countries.

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What is a framework that allows the implementation of Agile in an organization?

Answers

Scrum is one of the most well-known Agile frameworks for teams. The Scrum Guide defines Scrum as, “…a framework within which people can address complex adaptive problems, while productively and creatively delivering products of the highest possible value.”

Scrum is characterised as a methodology that facilitates teamwork. Scrum employs the idea of the team improvising to learn from experiences, self-organizing, and considering the gains and losses in a team. With all other scrum frameworks and scrum versions, it is used with 66 percent. Therefore, the Agile Framework is utilised to divide work into manageable chunks for team focus and straightforward testing. When a scrum master runs across opposition from outside the scrum team, one way the master can do is collaborate with other scrum masters to tout the efficacy of the Scrum software within the given Organization.

What is a framework that allows the implementation of Agile in an organization?

-Design Thinking

-Scrum

-Waterfall

-DevOps

-I don't know this yet.

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How do you measure client profitability?

Answers

Customer profitability analysis helps determine which customers are in the profitable bracket.

Customer profitability helps improve businesses to include customer satisfaction, value, and market share. Customer profitability helps track potential trends so that businesses can be steered that way.

Customer profitability is the difference between the revenues earned from and the costs associated with the customer relationship during a specified period. In theory, this is a trouble-free calculation. Find out the cost to serve each customer and the revenues associated with each customer for a given period.

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What do subject-matter experts do to support data-driven decision-making?

Answers

SMEs are essential in helping to interpret the data and provide context and insights that can help inform decision-making.

Data-driven decision-making is becoming increasingly popular as organizations seek to make decisions that are based on evidence rather than guesswork. SMEs can provide the necessary expertise to identify trends and patterns in the data, as well as explain how these trends might affect the organization.

SMEs are also invaluable in helping to identify potential issues or red flags that may arise from the data. By using their expertise and knowledge, SMEs can help to identify any potential risks or problems that may need to be addressed.

In addition to interpreting data, SMEs can also guide how to best use the data to make decisions. They can help to evaluate different options and weigh their pros and cons, as well as provide advice on the best way to use the data for decision-making purposes.

In short, SMEs are essential to data-driven decision-making as they provide the necessary expertise and guidance to make informed decisions based on data. Without SMEs, data-driven decision-making would be impossible, leaving organizations to rely solely on guesswork and intuition.

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which of the following is not a characteristic evaluated in ratio analysis? a.liquidity b.marketability c.profitability d.solvency

Answers

B) marketability When analyzing financial statements, analysts use ratio analysis, horizontal analysis, and vertical analysis.

One of the many financial analysis methods that analysts and potential investors use to evaluate various companies in a given industry is the financial ratio analysis, which is used in accounting. The horizontal and vertical analysis techniques are the other methods of analysis.

The process of comparing the relationship (or ratio) between two or more pieces of financial data from a company's financial statements is known as financial ratio analysis. It is primarily used to make accurate comparisons across time and between various businesses or industries.

Which four financial ratios are they?Benefit proportions.Ratios of liquidity.Ratios of solvency.multiples or value ratios.

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Answers to management questions are provided by:
a. data scientist
b. The Board of Directors
c. Information
d. Data

Answers

The answers to management questions are provided by the Board of Directors. The correct answer is option B.

What is the Board of Directors?

The board of directors generally comprises the chief executive officer and occasionally other senior managers, beside board members not contrarily affiliated with the company. An inside director is most commonly described as a company employee, although the category occasionally also includes significant shareholders.

The Board of Directors supervises and manages the management and operations of the company. The responsibility of the Board is to assist the interests of shareholders and the Group by supervising the administration and correct organization of operations.

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if buyers believe that 50% of used refrigerators in the market are lemons (low quality), what fraction of used refrigerators sold will actually be lemons (low quality)?

Answers

Even when consumers do not have the time or expertise to assess the quality of products, they can make useful inferences about a product's quality from the length of its warranty.

What Is the Lemon Law for Refrigerators?

Under state or federal Lemon laws, you may be qualified to file a consumer claim. The intricacies of acquiring cars, trucks, and similar vehicles are directly tied to state lemon laws, which are present in all 50 states.

However, consumers who have suffered losses as a result of faulty dishwashers and refrigerators may still be able to file a lawsuit under the federal Magnuson-Moss Warranty Act.

One could claim that their warranty has been violated if they have attempted to repair their appliance multiple times during the guarantee's duration and are still dealing with downtime and other product issues.

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when creditors analyze an organization's days' cash on hand, they prefer to see a a.higher number of days that indicates a lower liquidity. b.lower number of days that indicates a lower liquidity. c.higher number of days that indicates a higher liquidity. d.lower number of days that indicates a higher liquidity.

Answers

The statement makes it clear that when creditors look at an organization's days of cash on hand, they would prefer to see a bigger number of days since it denotes greater liquidity.

What is the accounting definition of cash?

Cash is a term used in accounting and finance to describe immediately usable money (currency). It might be stored physically, retained digitally, or put into a quick money-market instrument. Cash only refers to currency that is physically present while discussing economics.

What is money?

Money that is in the type of currency, such as coins, banknotes, and currency notes, is referred to as cash. An account type known as a demand deposit allows money to be retrieved at any period with informing the institution.

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What is the most important goal of financial management?

Answers

The goal of financial management is to maximize shareholder wealth.

Financial management is the business function concerned with profitability, expenses, cash, and credit in order for the "organisation to have the means to carry out its objective as satisfactorily as possible," with the latter often defined as maximising the firm's value for stockholders. Financial management is the practise of handling a company's finances in such a way that it can be successful while remaining compliant with regulations. That necessitates both a high-level strategy and hands-on execution.

Most financial management plans will divide them into four elements that are widely recognised in financial management. Planning, controlling, organising and directing, and decision making are the four elements.

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