QuestionAugust 23, 2025

Business Process # What business process is this (example: sales growth supply & demand production, etc.)? How is rate of change used in this process? __

Business Process # What business process is this (example: sales growth supply & demand production, etc.)? How is rate of change used in this process? __
Business Process #
What business process is this (example: sales growth supply & demand production, etc.)?
How is rate of change used in this process?
__

Solution
4.6(279 votes)

Answer

Sales growth; rate of change measures the speed of sales increase or decrease over time. Explanation 1. Identify the Business Process The business process described involves "sales growth." 2. Understand Rate of Change in Sales Growth Rate of change is used to measure how quickly sales are increasing or decreasing over time. It helps businesses understand trends and make informed decisions. 3. Apply Formula for Rate of Change **Rate of Change** = \frac{\text{Change in Sales}}{\text{Change in Time}}. This formula calculates the speed at which sales figures are changing, providing insights into performance.

Explanation

1. Identify the Business Process<br /> The business process described involves "sales growth."<br /><br />2. Understand Rate of Change in Sales Growth<br /> Rate of change is used to measure how quickly sales are increasing or decreasing over time. It helps businesses understand trends and make informed decisions.<br /><br />3. Apply Formula for Rate of Change<br /> **Rate of Change** = $\frac{\text{Change in Sales}}{\text{Change in Time}}$. This formula calculates the speed at which sales figures are changing, providing insights into performance.
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