Select one: a. increase the number of levels in the hierarchy O b. increase the richness of the environment O c. diversify the business d. manufacture products at several different locations. (Select all that apply) Structuring is the only type of money laundering scheme you could potentially encounter in the store Structuring relates to the use of financial institutions to launder money or misdirect clean money to illegal and illegitimate terrorist activity Structuring is the act of breaking up large transactions into smaller, less (Check all that apply.). Cisco uses many manufacturing plants to produce its products, but the company owns none of them. Which of the following statements do you agree with? 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It was based on the belief that employees work harder if they are happy. The city expects a better system from you within the next 3 months. The statement that is most likely that of an informed voter is "I recognize the media can be a biased source." This is true because an informed voter likes to read the newspapers and watch the TV news in order to know more about the candidates, their activities and the party's platforms. Technology is also enabling corporations to create virtual work teams. They are so happy with your work on the Bird detector that they also hire you to build a Cat detector. Executing strategy is a job for a company's whole management team, not just a few senior managers; moreover, all employees are participants in the strategy execution process Management's handling of the strategy implementation/execution process can be considered successful . Note that it is important that the dev set and test set have the same distribution. The goal is to recognize which of these objects appear in each image. Every company has many formal and informal rules, based on assumptions about technology, people, and organizational goals, that no longer hold. (Check the two best options.). Rose 13, Iris 2, Violet 4, Daisy 6 b. Buying faster computers could speed up your teams iteration speed and thus your teams productivity. A learning algorithms performance can be better than human-level performance but it can never be better than Bayes error. Q8. Which of the following statements is true of exporting? The goal is to recognize which of these objects appear in each image. This is a sample answer. Oxford University Press, 2023. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Pellentesque dapibus efficitur laoreet. You also evaluate your model on the test set, and find the following:Human-level performance0.1%Training set error2.0%Dev set error2.1%Test set error7.0%, What does this mean? As companies increasingly view outsourcing as more than a cost-cutting strategy, they will be expecting more of their vendors in terms of supplying innovation and other benefits.17, Another form of outsourcing has become prevalent over the last several years, in part as the result of the slow economic recovery from the global recession of 20072009. Pellentesque dapibus efficitur laoreet. A learning algorithm's performance can be better human-level performance but it can never be better than Bayes error. Structuring relates to the use of financial institutions to launder money or misdirect clean money to illegal and illegitimate terrorist activity. The City Council gives you a dataset of 10,000,000 images of the sky above Peacetopia, taken from the citys security cameras. The FCIA provides coverage against commercial risks and political risks. The statement is false because Baroque composers were not particularly concerned with the relationship between music and text. Which of the following statements do you agree with? They are labelled: Your goal is to build an algorithm able to classify new images taken by security cameras from Peacetopia. You can buy a specially designed windshield wiper that help wipe off some of the raindrops on the front-facing camera. An outside consultant was hired to facilitate the process. O b. You have only 1,000 images of the new species of bird. Pellentesque dapibus efficitur laoreet. How should you split the dataset into train/dev/test sets? are a fraction of the total dev set (not just examples your algorithm mislabeled). Please purchase a subscription to get our verified Expert's Answer. Can fit in a small amount of memory, so that it can run in a small processor that the city will attach to many different security cameras. Alex Richards is the owner of a pesticide manufacturing company. Gears Inc., an automobile manufacturing firm, has hired an external agency to handle its employee compensation function so that its HR employees can focus on other tasks, such as legal compliance and employee training. The statement is false because Baroque composers sought to display contrasting moods within pieces. Which of the following terms is used to describe the new musical system of structuring melodies and harmonies that became prevalent during the Baroque era? A learning algorithms performance can never be better than human-level performance nor better than Bayes error. After working on the data for several weeks, your team ends up with the following data: 100,000 labeled images taken using the front-facing camera of your car. Each employee is important to the overall effectiveness of an organization. Lorem ipsum dolor sit amet, consectetur adipiscing elit. In an international transaction involving bank as a third party, the exporter ships the product after _____. d.) Structuring is an example of money laundering. In the _____ program organized by the U.S. Department of Commerce, department representatives accompany groups of U.S. businesspeople abroad to meet with qualified agents, distributors, and customers. Before implementing your algorithm, you need to split your data into train/dev/test sets. It mixes and matches what it does best with the core competencies of other companies and entrepreneurs. The person or business initiating a draft is known as the _____. Remain flexible when it comes to working with outsourcing providers in terms of accommodating requests or adjusting needs when necessary in an effort to build a long-term strategic partnership beneficial to both parties. Otherwise, a bank or credit union cannot assure that it is reporting suspicious transactions as required by the Bank Secrecy Act. First start with the sources of error that are least costly to fix. A geographic structure allows some functions to be centralized at one headquarters location and others to be decentralized to a regional level. Geography is no longer a limitation when employees are considered for a work team. They consider exporting only after their domestic market is saturated. Should the firm be organized around geographic markets or product lines? Your system and your competitor both deliver systems with about the same running time and memory size. Exporters often face voluminous paperwork and complex formalities. EMCs are export specialists that act on behalf of their client firms. What do you think? A. are not subject to the Creative Commons license and may not be reproduced without the prior and express written Required fields are marked *. Another group of individuals work as full-time employees but may sign up for gigs such as driving for Uber or Lyft to supplement their income. You are in charge of detecting road signs (stop sign, pedestrian crossing sign, construction ahead sign) and traffic signals (red and green lights) in images. After working further on the problem, youve decided to correct the incorrectly labeled data on the dev set. Because of years of working on Cat detectors, you have such a huge dataset of 100,000,000 cat images that training on this data takes about two weeks. Experts are tested by Chegg as specialists in their subject area. Which of the following statements is true? However, when Peacetopia tries out your and your competitors systems, they conclude they actually like your competitors system better, because even though you have higher overall accuracy, you have more false negatives (failing to raise an alarm when a bird is in the air). Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Images containing yellow lights are quite rare, and she doesnt have enough data to build a good model. It turns out Peacetopia has hired one of your competitors to build a system as well. What is the first thing you do? For the output layer, a softmax activation would be a good choice for the output layer because this is a multi-task learning problem. Accuracy, running time and memory size are all satisficing metrics because you have to do sufficiently well on all three for your system to be acceptable. In the given scenario, Gears Inc. is employing _____. In theory, the advantage of EMCs is that they are _____. Which of the following statements is true of reactive firms? . Periodically, all businesses must reevaluate the way they do business. The City Council thinks that having more Cats in the city would help scare off birds. How would you assess their brand-building efforts thus far? After further discussions, the city narrows down its criteria to: If you had the three following models, which one would you choose? This network structure allows companies to come together quickly to exploit rapidly changing opportunities. You decide to focus on the dev set and check by hand what are the errors due to. correct incorrect. Some gig workers like the independence of being self-employed, while others acknowledge that they are taking on multiple small projects because they cant find full-time work as company employees. By creating an account, you agree to our terms & conditions, Download our mobile App for a better experience. You are employed by a startup building self-driving cars. are licensed under a, Understanding Economic Systems and Business, Microeconomics: Zeroing in on Businesses and Consumers, Trends in the Business Environment and Competition, Preparing for Tomorrow's Workplace Skills, Making Ethical Decisions and Managing a Socially Responsible Business, How Organizations Influence Ethical Conduct, Trends in Ethics and Corporate Social Responsibility, Threats and Opportunities in the Global Marketplace, Specialized Forms of Business Organization, Entrepreneurship: Starting and Managing Your Own Business, Characteristics of Successful Entrepreneurs, Trends in Entrepreneurship and Small-Business Ownership, Management and Leadership in Today's Organizations, Using Teams to Enhance Motivation and Performance, AuthorityEstablishing Organizational Relationships, Managing Human Resources and Labor Relations, Achieving High Performance through Human Resources Management, Legal Environment of Human Resources and Labor Relations, Trends in Human Resource Management and Labor Relations, Achieving World-Class Operations Management, Production and Operations ManagementAn Overview. Which of the statements do you agree with? You decide to use data augmentation to address foggy images. Although firms that are purely virtual organizations are still relatively scarce, many companies are embracing several characteristics of the virtual structure. Vertical What is the difference between risk and uncertainty? There is little risk of overfitting to the 1,000 pictures of fog so long as you are combining it with a much larger (>>1,000) of clean/non-foggy images. Q7. 3. However, your system has higher accuracy! 1. It turns out Peacetopia has hired one of your competitors to build a system as well. Q13. Donec aliquet. c. The human resources of an organization are also known as material resources. What effect could the gig economy have on a companys decision to outsource? 10,000 images on which the algorithm made a mistake. Develop a strategic outsourcing partnership with vendors and a solid framework that promotes seamless collaboration and communication. Which of these do you think is the best choice? Decide whether outsourcing the work is the appropriate answer to the problem. experienced specialists who can help the neophyte exporter. Apparently the citizens of Peacetopia are so scared of birds that they volunteered to take pictures of the sky and label them, thus contributing these additional 1,000,000 images. Which is the proper term for a system of shorthand notation used to suggest harmonies above or below the bass part on a score? hbbd```b``~ "v0Y "@$l)0,DrGQi@I Y$'@ H Situated cognition refers to the idea that a student's thinking is embedded in social and physical contexts. d. It was concerned with every motion that a worker made. Which if the following is/are the levels of implementation of data structure A) Abstract level B) Application level C) Implementation level D) All of the above 2. (Select all that apply) Structuring is the only type of money laundering scheme you could potentially encounter in the store Structuring relates to the use of financial institutions to launder money or misdirect clean money to illegal and illegitimate terrorist activity Structuring is the act of breaking up large transactions into smaller, less Which of the following statements is true about Small Business Administration (SBA)? Nam lacinia pulvinar tortor nec facilisis. Note: Having three evaluation metrics makes it harder for you to quickly choose between two different algorithms, and will slow down the speed with which your team can iterate. If feasible, at least one face-to-face meeting during the early stages of team formation will help with these potential problems. Horizontal Structure 3. How valuable is the Brandless brand? This book uses the Your algorithm overfits the dev set because the error of the dev and test sets are very close. Donec aliquet. In 2017, outsourcing remains a key component of many businesses operations but is not strictly limited to low-level jobs. Shuffle everything. ), Q11. Q14. If 100,000,000 examples is enough to build a good enough Cat detector, you might be better of training with just 10,000,000 examples to gain a 10x improvement in how quickly you can run experiments, even if each model performs a bit worse because its trained on less data. You plan to use a deep neural network with ReLU units in the hidden layers. And how can managers consolidate distinctly different corporate cultures? A firm's _____ is a body composed of key top managers that makes major policy decisions and sets corporate strategy. The people of Peacetopia have a common characteristic: they are afraid of birds. To improve organizational performance and achieve long-term objectives, some organizations seek to reengineer their business processes or adopt new technologies that open up a variety of organizational design options, such as virtual corporations and virtual teams. Beyond designing a new organizational structure, one of the most difficult challenges when merging two large companies is uniting the cultures and creating a single business. The Production Process: How Do We Make It? We've got the first openly gay senate confirmed cabinet The first openly transgender Americans to be confirmed by United States Senate and the first open lesbian to serve at the Ambassador level as well. Examples of a complex hypothesis include: "People with high-sugar diets and sedentary activity levels are more likely to develop depression." "Younger people who are regularly exposed to green, outdoor areas have better subjective well-being than older adults who have limited exposure to green spaces." In a(n) _____, one party agrees to purchase goods and services with a specified percentage of the proceeds from the original sale and this party can fulfill the obligation with any firm in the country to which the sale is being made. What should you do? This includes assessing the effectiveness of the organizational structure. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Q2. With globalization and outsourcing being common strategies in business operations today, companies of all shapes and sizes utilize virtual teams to coordinate people and projects halfway around the world. Choose the training set to be the 900,000 images from the internet along with 20,000 images from your cars front-facing camera. Adding synthesized images that look like real foggy pictures taken from the front-facing camera of your car to training dataset wont help the model improve because it will introduce avoidable-bias. True/False? Which of the following statements is true of export credit insurance? . Despite the challenges, outsourcing programs can be effective. True because it is greater than the other error categories added together (8.0 > 4.1+2.2+1.0). Q14. Select one: a. Should decision-making be centralized or decentralized? Based on the table from the previous question, which of the following statements do you agree with? Textbook content produced by OpenStax is licensed under a Creative Commons Attribution License . 1. True/False. 10) Which of the following statements is most true about structuring? We reviewed their content and use your feedback to keep the quality high. (Wow Cat detectors are just incredibly useful arent they.) document.write([location.protocol, '//', location.host, location.pathname].join('')); Which of the following is the correct definition for "triad"? Which of the following ways can be used by a manager to increase vertical differentiation? "Too many people vote for my individual vote to make a difference." C. "I registered to vote last week." D. "I know my mayor because she lives in my neighborhood." According to survey respondents from 280 global organizations, outsourcing continues to be successful because it is adapting to changing business environments. During nonverbal communication in businesses, which of the following statements about gestures in different countries is true? Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Based on the citys requests, which of the following would you say is true? (Check all that apply). The key attributes of a virtual corporation are: In the concepts purest form, each company that links up with others to create a virtual corporation is stripped to its essence. Which of the following statements is true of outsourcing? They set music to texts dealing with contemplations of nature. Q15. Approach A (in the question above) tends to be more promising than approach B if you have a __ (fill in the blank). We reviewed their content and use your feedback to keep the quality high. Mix all the 100,000 images with the 900,000 images you found online. Do you agree? OC. endstream endobj 898 0 obj <>>>/Filter/Standard/Length 128/O(S!67yNX8|UD7[\)L)/P -1340/R 4/StmF/StdCF/StrF/StdCF/U(C+`$ )/V 4>> endobj 899 0 obj <>/Metadata 132 0 R/PageLayout/OneColumn/Pages 888 0 R/StructTreeRoot 386 0 R/Type/Catalog>> endobj 900 0 obj <>/ExtGState<>/Font<>/XObject<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 901 0 obj <>stream What are some organizational issues that must be addressed when two firms merge? See answer Advertisement ayfat23 Statements that is most true about structuring is ; Structuring is the act of breaking up large transactions into smaller, less suspicious transactions in order to conceal the size of the overall transaction. Which of the following is an advantage of countertrade? Which statement most likely comes from a voter who is informed? You find that a team of ornithologists debating and discussing an image gets an even better 0.1% performance, so you define that as "human-level performance." After working further on your algorithm, you end up with the following: But over the last few months, a new species of bird has been slowly migrating into the area, so the performance of your system slowly degrades because your data is being tested on a new type of data. b.) You can cancel anytime! Train a bigger model to try to do better on the training set. b.) Which of the following plans should Alex invest in to accomplish his mission? True/False? No, because there is insufficient information to tell. Q9. Computer Graphics and Multimedia Applications, Investment Analysis and Portfolio Management, Supply Chain Management / Operations Management. Pick false negative rate as the new metric, and use this new metric to drive all further development. The OpenStax name, OpenStax logo, OpenStax book covers, OpenStax CNX name, and OpenStax CNX logo Multi-task learning from your vision dataset could help your colleague get going faster. These issues and many more must be resolved if mergers of global companies are to succeed. You should not add the citizens data to the training set, because this will cause the training and dev/test set distributions to become different, thus hurting dev and test set performance. A three-part structure for a larger musical piece, A type of poem in three stanzas, commonly set to music in the early Baroque period, A percussive instrument invented by composer J.S. An even simpler definition of reengineering is starting over. In effect, top management asks, If we were a new company, how would we run this place? The purpose of reengineering is to identify and abandon the outdated rules and fundamental assumptions that guide current business operations. These images are different from the distribution of images the City Council had originally given you, but you think it could help your algorithm. Multi-task learning seems significantly less promising. Violet has four subordinates and Daisy has six. (Check two options. Which of the following statements is true regarding organizational structure? You also evaluate your model on the test set, and find the following: What does this mean? Transfer learning from your vision dataset could help your colleague get going faster. 10) Which of the following statements is most true about structuring? answer choices True False Question 4 It helps a firm achieve economies of scale. 2.2% would be a reasonable estimate of how much this windshield wiper could worsen performance in the worst case. Having three evaluation metrics makes it harder for you to quickly choose between two different algorithms, and will slow down the speed with which your team can iterate. The 1,000,000 citizens data images do not have a consistent x>y mapping as the rest of the data (similar to the New York City/Detroit housing prices example from lecture). Which of these should you do first? As many U.S. businesses hesitated to hire full-time workers even as they began to experience gradual growth, some companies began to offer contract work to freelancers, who were not considered full-time employees eligible for company benefits. C) As the number of levels in the hierarchy increases, the relative difference in the . According to the survey, outsourcing continues to grow across mature functions such as HR and IT, but it has successfully moved to nontraditional business functions such as facilities management, purchasing, and real estate. then you must include on every digital page view the following attribution: Use the information below to generate a citation. Which of the following is a nationwide group of international trade attorneys who provide free initial consultations to miniature businesses on export-related matters? Q10. This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository. You ask a few people to label the dataset so as to find out what is human-level performance. Your 100,000 labeled images are taken using the front-facing camera of your car. Company executives wanted to make sure all employees knew that their ideas were valuable and that senior management was listening. She hopes you can help her out using transfer learning. P Flag question Research evidence suggests that an organization with 3,000 employees is most likely to have.levels in its hierarchy. One member of the City Council knows a little about machine learning, and thinks you should add the 1,000,000 citizens data images to the test set. Q3. It is now read-only. _____ are an organization's most important resources. (Select all that apply) a. Select one: O a. (Some countries call it an orange light rather than a yellow light; well use the US convention of calling it yellow.) Nam risus ante, dapibus a molestie consequat, ultrices ac magna. then the learning algorithm will not be able to use that example. Experts are tested by Chegg as specialists in their subject area. Information technology helps geographically distant companies form alliances and work together. Which of the following statements is true of human resources? Dec 12, 2022 OpenStax. Pellentesque dapibus efficitur laoreet. %%EOF We recommend that you spend time reading the feedback for this quiz, to understand what issues that you will want to consider when you are building your own machine learning project.