Firstly, the Statement of Financial Position only reflects the financial position of an organization at a specific point in time. It does not provide information about an organization's financial performance over a period of time.
Therefore, it cannot be used as the sole basis for evaluating an organization's financial performance.
Secondly, the Statement of Financial Position only includes items that can be quantified in monetary terms. It does not provide information about the value of an organization's intangible assets, such as its reputation, brand value, or intellectual property. Thirdly, the Statement of Financial Position does not take into account the effects of inflation, which can distort the values of assets and liabilities over time.
Fourthly, the Statement of Financial Position only includes items that are reported at historical cost, which may not reflect their current market value. This can result in an inaccurate representation of an organization's financial position. Finally, the Statement of Financial Position may not provide a complete picture of an organization's financial position, as it only includes items that can be measured and reported.
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At the beginning of the year, Maroon Industries bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below.Cost of the asset $9,800Installation costs 880Renovation costs prior to use 840Repairs after production began 670PA9-1 (Algo) Part 1Required: 1. Compute the amount to be capitalized for Machine A.(left column dropdown options are accumulated depreciation, depreciation expense, installation costs, purchase price, renovation costs, repairs)
For Machine A, the amount to be capitalized is the purchase price of $9,800 plus the installation costs of $880, the renovation costs of $840, and the repairs after production began of $670. This brings the total capitalized amount for Machine A to $11,290.
When computing the amount to be capitalized for an asset, it is important to include the purchase price, installation costs, renovation costs, and repairs. These are all factors in the total capitalized amount for an asset.In the case of Machine A, the purchase price is $9,800. This is the original cost of the machine before any other costs are added. Installation costs are the costs associated with physically setting up the machine in its designated place, such as labor and wiring costs. For Machine A, the installation costs are $880.
Renovation costs are costs associated with making the machine operational. This can include costs such as bringing the machine up to safety standards and making necessary repairs. For Machine A, the renovation costs prior to use are $840.
Lastly, repairs after production began are any costs incurred after the machine is already in use. This could include costs such as maintenance and repair. For Machine A, the repairs after production began are $670.
Therefore, the total capitalized amount for Machine A is $11,290, which is the sum of the purchase price, installation costs, renovation costs, and repairs.
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Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $160,000 fair market value on the contribution date. The property was also encumbered by a $90,000 nonrecourse debt, which was transferred to the partnership on that date. Sharon is treated as a general partner. She is allocated 30% of QRST's profits and 20% of QRST's losses. Sharon's basis in the partnership interest after the formation transaction is:
Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
Using the single time estimate cpm procedure, what is the critical path for the project & the overall project duration?
To determine the critical path and overall project duration using the single time estimate CPM procedure, you need to follow these steps:1. Identify all the activities involved in the project and their dependencies.
2. Assign a time estimate for each activity.
3. Calculate the earliest start time (EST) and earliest finish time (EFT) for each activity.
4. Determine the latest finish time (LFT) and latest start time (LST) for each activity by working backward from the project deadline.
5. Calculate the slack or float for each activity (slack = LST - EST or LFT - EFT).
6. Identify the activities with zero slack; these activities are part of the critical path.
7. The critical path is the sequence of activities with zero slack and determines the overall project duration.
8. Add up the time estimates for all the activities on the critical path to determine the overall project duration.
By following these steps, you can identify the critical path and calculate the overall project duration using the single time estimate CPM procedure. Remember to consider the time estimate for each activity and the dependencies between them.
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Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.
Read the article and answer the question.
Name and briefly describe the four categories of risk explained in the article.
Answer:
Yes he is good have a good day
Explanation:
Market Risk: There is always a chance that your investment will not actually increase in value, meaning you lose money in the long term. This is the most common risk for investments in company stocks, but it is also a risk when investing in goods. For example, cars, electronics, motorcycles, collectibles, and home furnishings and appliances are all costly “investments,” but they also quickly decrease in value with use. As a result, they are not smart financial investments. If you happen to have a classic or limited-production car, it may actually increase in value. For the average consumer, though, a wiser product investment is real estate because it typically (not always!) increases in value over time.
Financial/Business Risk: If you want to take a risk by investing your money in a private business, you could end up gaining a lot in the long run. However, when people invest in a business, they also risk losing some or all of their money if the business declines or goes bankrupt. To manage this risk, some people choose to invest in government stocks. These stocks are significantly more secure but also have a lower return rate, or the rate at which the funds increase. Ultimately, each investor must decide how much risk he or she is willing to take.
Inflation Risk: When investing money in any manner, there is always a risk that the rate of return is not as high as the rate of inflation. You’ve probably heard that a dollar today buys a lot less than it did, say, 50 years ago. This difference is due to inflation, or the decreasing value of currency. If invested funds are increasing at a rate that is slower than the rate of inflation, technically, you are losing money because you are not earning enough money to account for the natural devaluing of the money you invested. This is why keeping your savings in a jar or safe is not a secure investment. To manage this risk, seek out savings plans that account for inflation.
Fraud Risk: Any time you invest your money, it is important to research thoroughly the product, stock, company, etc. in which you plan to invest. Fraudulent organizations or people occasionally trick investors into giving them money and then disappear with the funds or spend it all frivolously. Wise investors can reduce the risk of fraud by doing plenty of research before investing and by diversifying their investment portfolios. Don’t worry: Although fraud is illegal, accidentally becoming a victim of fraud won’t land you in handcuffs—though you may lose a lot of money.
100% on edge 2021
You are looking to buy a car. You can afford $410 in monthly payments for 4 years. Inaddition to the loan, you can make a $1,400 down payment. If interest rates are 8% APR, what price of car can you afford (loan downpayment)
Assuming that you can afford to pay $410 monthly payments for 4 years with an additional down payment of $1,400, and if the interest rates are at 8% APR, then the total amount of the loan that you can take would be $20,147.74.
To find out the price of a car that you can afford, we need to take into account the monthly payment, down payment, interest rate and the duration of the loan.Using a loan calculator, we can calculate the loan amount that you can afford based on the given information. Firstly, let's calculate the total amount that you can pay over 4 years:
Total Payment = $410 * 12 months * 4 years
= $19,680Now let's add the $1,400 down payment that you have:
Total Payment + Down Payment
= $19,680 + $1,400
= $21,080Now let's calculate the loan amount by using the following formula:
Loan Amount = (Total Payment + Down Payment) / ((1 + R) * N - 1))
where R is the interest rate per month and N is the number of months in the loan term.
R = 8% APR / 12 months
= 0.0066666667N
= 4 years * 12 months per year
= 48 monthsNow let's substitute these values in the formula and solve it:Loan Amount
= ($21,080) / ((1 + 0.0066666667) * 48 - 1))
= $20,147.74Therefore, the maximum price of the car you can afford is $20,147.74.
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What is the primary purpose of incident investigation?
A. To determine the direct and root causes of the incident
B. To disturb physical evidence
C. To find fault
D.To satisfy the insurance company
Jamie Lopez is the CEO of an exciting new solar-powered car manufacturer, SolCar Inc. Jamie shared a long-term vision and mission with the management team and now is expecting to see a detailed coordinated plan across all business units in the organization. Which of the following will provide Jamie with the needed information?
O Pro forma (Budgeted) Income Statement
O Pro forma (Budgeted) Balance Sheet
O Master Budget
O Tangible short-term objectives (Stretch goals) for the upcoming year
The master budget will provide Jamie Lopez with the needed information about the detailed coordinated plan across all business units in the organization.Master budget is a comprehensive financial plan used by an organization to project the company's expected future results.
It includes both financial and nonfinancial data of the organization's budgeted operations, financial statements, and cash flow. The master budget is created annually and is an output of the annual budget process. It is a coordinated plan that aggregates the various sub-budgets and sub-plans of a company.
Tangible short-term objectives (Stretch goals) for the upcoming year are also important for Jamie, but they may not provide the level of detail needed for a coordinated plan across all business units. The pro forma (budgeted) income statement and balance sheet are also important for the company's financial planning and control process.
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_________________ allow(s) for increasing creativity and uniqueness in advertising. a. government tax-cuts c. technology b. higher buyer incomes d. an increased in advertising locations please select the best answer from the choices provided a b c d
The right answer is Technology.
Why does technology make such a difference in advertising?Technology is the application of contemporary science and art to task-solving.Digital marketing, social media marketing, and other current technological advances have increased the creativity and originality of advertising.Intense creativity is also supported by technological trends.Learn more about advertising here:
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Answer:
It's C
Explanation:
Brandy works in a laboratory. She performs experiments to develop new methods of food production and processing.
Her job is best described as a(n):
Clarence is an independent worker who offers his pervices to many different farms. He teaches farmers how to run their farms more efficiently and safely. Clarence's job is best described as a(n):
Leon hires and manages workers who handpick oranges and other fruits on farms. He trains and oversees the
workers. Leon's job is best described as a(n):
The choice are:
Buyer or Purchasing Agent, Farm Labor Contractor, Food Scientist, Farm Management Adviser
Answer:
1) Food scientist
2) Farm management advisor
3) Farm labor contractor
Explanation:
Explain the connection between the terms "division of labor" and "specialization".
Answer:
Division of labor leads to specialization
Explanation:
Division of labor refers to the process of subdividing work into small tasks. In the division of labor, the production process is divided into different stages. Each stage requires a specific task to be performed. Workers are assigned specific tasks depending on skills and abilities.
The division of labor leads to an increase in productivity. Each worker performs a regular task, using familiar tools. In time, the worker becomes an expert in what they do, thereby increasing productivity. Division of labor leads to specialization. When work is subdivided into tasks and assigned to a specific worker, the assigned employee specializes in that task. Specialization is the practice of focusing on a single or very few activities that one is good at doing.
outline four reasons why ethical practices are necessary in product promotion
Answer:
(1) To create positive image/ reputation.
(2) To abide by laws of the country.
(3) To avoid environment pollution/ degradation.
(4) Avoid misleading consumers.
Explanation:
Sam, age 35, and kathy, age 33, are married and have a son, age 1. sam is employed as an accountant and earns $60,000 annually. kathy is an associate professor of finance at a large university and earns $120,000 annually. both are currently and fully insured under the oasdi program. assume you are financial planner who is asked to give them advice concerning oasdi and other social insurance programs. answer each of the following questions based on the following situations. treat each situation separately. a. sam is killed instantly in an auto accident. would kathy and their son be eligible for receive oasdi survivor benefits?b. kathy has laryngitis that damaged her vocal cords.e. sa po as a result, she can no longer teach. she is offered a research position in the business research bureau of the university where she is employed. to what extent if any would kathy be eligible to receive oasid disability benifits?c. a deranged student fired a pistol at kathy because u- he her di of ia- she gave him a grade of d+. as a result, kathy was seriously injured and is expected to be off work for at least one year while she is recovering. to what extent, if any, would existing social insurance pro- grams in the united states provide income during the period of temporary disability? d. sam would like to retire at age 62 and still work part-time as an accountant. he has been informed that the oasdi earnings test would be relevant in his case. explain how the earnings test might affect his decision to work part-time after retirement. e. sam resigned from his job to find a higher-paying position. explain whether sam could receive unem- ployment insurance benefits during the period of temporary unemployment before he finds a new job.
Sam, age 35, and Kathy, age 33, are married and have a son, age; The Financial stands resolve will be
To the extent that Sam's wife qualifies for OASDI payments in the event of his death due to an automobile accident, she will receive them.Kathy's vocal cord is a significant contributor to her income since she is a teacher, but she can only get disability benefits if she has been selected for them.Kathy will be eligible for temporary disability benefits under the United States' social insurance program since she was injured on the job and has opted into the program.Sam's benefits will be reduced by $1 for every $2 he earns over the $17040 level in 2018; however, he will not see a decrease in his benefits if his income is between $45,306 and the maximum allowable amount of $45,306.Sam's desire for a greater salary is not a qualifying cause for unemployment insurance.Who is a financial planner?Generally, a financial planner is simply defined as one form of a financial adviser, the financial planner, focuses on helping clients develop and implement strategies for achieving their long-term financial objectives.
In conclusion, Finance is managing substantial resources, as practiced by governments or major corporations.
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QUICKLY PLEASE ITS TIMED!!!!
Which of the following approaches measures team performance by the team's ability to meet specific, predefined goals
O the results approach
the behaviors/process approach
the goals approach
the outcome approach
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
What is result approach?Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.
Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.
Therefore the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
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Approximately what percentage of a reduction in errors did international air transport association have when thier employees working in cargo management obtaned instant access to clear and consistent working instructions for key tasks, such as accepting cargo as ready for air carriage?.
34% of a reduction in errors did international air transport association have when their employees working in cargo management obtained instant access to clear and consistent working instructions.
Transporting shipments, emptying cargo, picking, sorting, and putting away are all included within the term "cargo administration," which portrays how these assignments are dealt with in calculated centres and distribution centers. Those who sort out, encourage, assist, and course the stream of approaching and leaving shipments cargo and cargo shipments in carriers and cargo organizations are known as cargo administration officers. The cargo management officer make beyond any doubt that shipments of products are kept and dealt with in agreement with Standard Working Methods (SOPs) and taking care of regulations. All shipment printed material is ready by the cargo administration officer, who moreover handles stock control and housekeeping obligations. Shipments are sorted out in agreement with cargo plans, much obliged to the cargo management officer.
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how many months weeks days are in 157 days?
you expect a share of econnews to sell for $65 a year from now. if you are willing to pay $61.06 for one share of the stock today, you expect a dividend payment of $4, and the rate of return on safe assets is 5 percent, how much is your risk premium? multiple choice 1.5 percent 6.5 percent 8.0 percent 13.0 percent
If the expected future price of EconNews shares is $65, and the current price you are willing to pay is $61.06, if the dividend payment is $4, and rate of return is 5%, then the risk premium is 8.0% percent.
The risk premium can be calculated by subtracting the risk-free rate of return from the expected rate of return on the investment.
The expected rate of return on the investment can be calculated as follows:
Expected Rate of Return = (Dividend + Expected Price Appreciation) / Current Price
In this case, the dividend is $4 and the expected price appreciation is $65 - $61.06 = $3.94. The current price is $61.06.
Expected Rate of Return = ($4 + $3.94) / $61.06
Expected Rate of Return ≈ 13.02%
The risk-free rate of return is given as 5%.
Risk Premium = Expected Rate of Return - Risk-Free Rate of Return
Risk Premium ≈ 13.02% - 5% ≈ 8.02%
Hence, the risk premium is approximately 8.02%, which rounded to the nearest percent is 8.0%.
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how much would you cost to have a good night
Answer:
as much as i need
Explanation:
I NEED HELPPPP! I need a 5 paragraph essay thats due on nov 17 2022 about finance. Word limit is 900
The unit cost, in dollars, to produce bins of cat food is $15 and the fixed cost is $8400. The revenue 2x² + 325x function, in dollars, is R(x) = Find the cost function. C(x) = Find the profit function. P(x) = T At what quantity is the smallest break-even point? Select an answer
The cost function for producing bins of cat food is C(x) = 15x + 8400 dollars. The profit function is P(x) = R(x) - C(x), where R(x) is the revenue function. The break-even point occurs when the profit is zero.
The cost function, C(x), represents the total cost of producing x bins of cat food. In this case, the unit cost to produce each bin is $15, and there is also a fixed cost of $8400. The cost function can be expressed as C(x) = 15x + 8400 dollars.
The profit function, P(x), is calculated by subtracting the cost function from the revenue function. The revenue function, R(x), is given as 2x² + 325x dollars. Therefore, the profit function is P(x) = R(x) - C(x).
To find the break-even point, we need to determine the quantity at which the profit is zero. This means that the revenue and cost are equal. By setting P(x) = 0 and solving for x, we can find the quantity at the break-even point.
solve the equation P(x) = 0 to find the exact quantity at which the break-even point occurs.
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What will be the end result for the taxpayer who filed his federal income tax return.
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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when can an employer perform a drug screen on employees? a. when the employee has missed four days or more of work b. when the employee calls off on mondays and fridays c. when another employee complains that an employee smells like alcohol d. when the employer has reasonable concerns of impairment
Answer:
Louisa works in Marketing. She works with several different areas of the company that employs her. Which task does Louisa have others perform?
conducting meetings at a satellite office
working on new marketing campaigns at home
participating in teleconferences in her home office
training other employees how to use a computer
Explanation:
Graphical information can be useful in
a.
Math only
c.
Science only
b.
Social Studies only
d.
All subjects
Answer:
d all subjects
Explanation:
think its right sorry if its wrong
The answer fam is..........D) All subjects
PLEASE HELP THERE ARE TWO SCENARIOS
Scenario A
College graduates are moving back in with family in record numbers. They are waiting longer than previous generations to buy homes and start families. Data show downward trends in new home building, mortgage applications, and the birthrate. Multiple markets are complaining of falling demand. A national supplier of home goods permanently shut down. The media is calling babies born today part of the “baby bust generation.” Economists predict future school closings and labor shortages.
Scenario C
The media report that an “epidemic of the jobless” has emerged. Major corporations and small businesses alike are laying off workers. People are out of work in record numbers and struggling to find jobs. Some admit that they have given up looking. Housing foreclosures are increasing, while banks say they lack the funds to approve new loan applications or to adjust existing loans. Requests for unemployment, housing, and nutrition assistance are at record highs. Charity organizations are not receiving enough donations to meet the growing need in their communities. Credit card companies say the average debt balance is climbing while repayments are falling behind.
Would the Fed address the scenario with expansionary or contractionary policy? Explain.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.
What is a specific fiscal action that Congress might use in this scenario?
It is correct to state that the Fed will address the scenario with expansionary policy.
What is an expansionary policy?
An expansionary policy is one that seeks to increase the amount of money so that aggregate demand can be stimulated.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.When money is injected into the economy using tools such as
Examples of fiscal polices that the congress might enlist for deployment in this scenarios are:
To increase aggregate demand, Government will inject more money in to the economy by buying back bonds or embarking on projects at the state and local levels.
Reduction of taxes will also help put more money in the hands of people, thus increasing aggregate demand.
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Answer:
flvs
Explanation:
A
would the red address the scenario with
expansionarv or contractionarv policy? Explain.
The Fed would address this with expansionary.
Which means they would give out more money
What is a specific monetary action the Fed might use
in this scenario? Identity the too and how the red would use it. Explain how this would address the
The action they would use is decrease the reserve requirement. By doing this, banks would be able to give out more money Que to them not needing to
Keen as much monev in reserve
What is a specific fiscal action that Congress might use in this scenario?
Decrease taxes due to schools and labor shortages are happening. Which mean that business and schools wont need to dav as much as taxes
B
Would the red address the scenario with
expansionary or contractionary policy? Explain.
The red would use contractionary due to rising prices and it can slow down
What is a specific monetarv action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the
scenario
They would sell more government securities so that less money would be in circulation and daily operations being tunded
What is a specific fiscal action that Congress might
use in this scenario?
Congress might decrease taxes due to things being expensive and we needing more money to be in
circulation.
C
Would the red address the scenario with expansionary or contractionary policy? Explain.
The Fed would use expansionary policy due to people not having money and needing it.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address
the scenario.
The monetary action is that they would decrease reserve requirement and buy government securities. They would give out more money and create funding programs for those who are unemployed.
What is a specitic fiscal action that congress might use in this scenario?
Decrease taxes so that others can buy food and with the money they have left, they are able to buy their needs
What are some of the barriers Alibaba is facing as it expands globally? 2. Why would the sale of counterfeit products through its sites be damaging to Alibaba?
Answer:
Challenges:
1. Logistics issues
2. Minimu Order quantity.
Explanation:
Some of the challenges been faced by Alibaba currently as it expands globally is it logistics issues, some of it sellers or stores on the site don’t ship goods and services directly to some selected countries as buyers from such countries would need to employ the use of a third party agent, example of such countries are third world countries in Africa. In cases where option of shipping is provided shipping fees are usually to high and un affordable. Another issues faced by buyers on the platfoem is the Minimum Order Quantity MOQ as this is a big issue and serious concerns for intending customers who just need a few of the product and not the compulsory 500pcs or 1000pcs usually available to them.
2. Sales of counterfeit products on Alibaba platform would be very damaging to them because there are other competitors who offer same services too. once customers start noticing a decline in quality of their products they build a bad image of Alibaba which results in losing of customers which would hamper the growth of Alibaba globally.
Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
If you were starting a new business describe at least three departments to the company that you would need right away why are these departments so important
Answer:
Explanation:
These departments are as follow:-
1) Admin
2) Administrative
3) HOD (Head Of Departments)
What is the difference between needs, wants and demand
Needs are things that satisfy the basic requirement. Wants are requests directed to specific types of items. Demands are requests for specific products that the buyer is willing to and able to pay for.
Explanation:
:))
what are some qualities needed by Commercial Artists? Check all that apply.
ability to supervise others
ability to work under deadline pressure
ability to create special effects
ability to teach classes
ability to follow directions
ability to work with others
Answer:
the answer is b, e, f, hope it helps
Explanation:
Answer:
ability to work under deadline pressure
ability to follow directions
ability to work with others
Recently the top management of Lucky cement decided to start a new business in completely new market with new product lines i.E. Lucky One Mall. Identify the corporate level strategy used by the firm. Justify your answer.
Answer:
Diversification
Explanation:
Corporate level strategy is a decision made by the top management of a firm with the aim of seeking new business methods to expand an already existing business. Diversification is a corporate level strategy in which an organization ventures into a completely new market with new product lines. The diversification could be related to the existing products the company operates (concentric diversification) or to an unrelated market(conglomerate diversification).
When Lucky Cement decided to start a new business in completely new lines, they have just embarked on diversification. The diversification might also be to just one product or different products.