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1 year ago

1.1.State 8 business functions and explain their roles

Business

1 answer:

faltersainse [42]1 year ago

4 0

Answer:

8 business functions:

Explanation:

1. Finance's role is to fund, manage budgets, accounting, financial controls, and audits.

2. Marketing's role is processing like promotions, pricing, sales and distributions.

3. Information Technologies role is to developed and operate systems and applications.

4. Customer Service's role is managing customers and handling their needs or requests like inquiries or returns.

5. Production's role is manufacturing products or delivering for different services.

6. Distribution's role is the process of teaching the customer with the product you are delivering or service you are providing.

7. Design's role is prioritizing and making sure the design of the product or service stands out as it's own business function.

8. Governance's role is firm in direction and control. They manage the performance of management.

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On January 1, 2021, the Excel Delivery Company purchased a delivery van for $51,000. At the end of its five-year service life, i

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Answer:

The answer is "Complete but not absolutely right".

Explanation:

In production technique segments, it should first calculate the cost of fuel per mile and afterward measure the depreciation.

$\ per \ mile \ rate = \frac{\ cost - \ salvage value}{\ Estimated \ mile }$

$\ estimated \ mile = 171000 \\\\\ per \ mile \ rate = (\$ 51000 - \$ 6000) / 171000 \\\\ \ per \ mile \ rate = $45000 / 171000 = \\\\\ per \ mile \ rate = \$ 0.263157894 per mile$

Calculating Depreciation:

$\ Depreciation \ expense = \ per \ mile \ rate \times \ Mile \ drives$

$\ Depreciation \ for \ 2021 : \\\\ \ Mile \ drives \ = 11000 \\\ Depreciation = \$ 0.263157894 * 11000 \\\ Depreciation = \$ 2895$

$\ Depreciation \ for \ 2022 \ : \\\\\ Miles \ drives = 42000\\\ Depreciation = \$ 0.263157894 * 42000\\ \ Depreciation = $11053 \\\\\ Depreciation \ for \ 2023 \ :\\\\\ Miles \ drives = 43000\\\ Depreciation = \$ 0.263157894 * 43000 \\\ Depreciation = \$ 11316 \\\\\ Depreciation \ for \ 2024 \ :$

$\ Miles \ drives = 38000\\\ Depreciation = \$ 0.263157894 * 38000 \\\ Depreciation = \$ 10000 \\\\\ Depreciation \ for \ 2025 \ :\\\\\ Miles \ drives = 39000\\\ Depreciation = \$ 0.263157894 * 39000 \\\ Depreciation = \$ 10263$

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2 years ago

Which professional source provides entrepreneurs with expertise and knowledge about buying an existing business in return for co

kenny6666 [7]

business broker's

Explanation:

Business Brokers are the professionals who help purchase business in return of commission.

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2 years ago

An experienced employee who supervises, coaches, and guides lower-level employees by introducing them to the right people and ge

torisob [31]

Answer:

Mentor

Explanation:

The mentor is the person who has knowledge, experience, skills and he or she is able to guide, motivate, gives the training, supervise the lower skill employees so that they can perfect in their work.

But for motivating, guiding the employees we need to appoint the right people who belong from organizational sponsor so that the lower level employees could able to accomplish their tasks so that the overall objective of the company could be accomplished.

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3 years ago

The profit, P, in dollars for manufacturing n units of a certain product is given by the formula P = 3n2 - 90n - 720. (Assume th

sesenic [268]

Answer:

$n=40$

Explanation:

We want to know the value of $n$ when $P=480$

$P=3n^2-90n-720\\480=3n^2-90n-720\\3n^2-90n-720-480=0\\3n^2-90n-1200=0\\3(n^2-30n-400)=0\\n^2-30n-400=0$

From here, we can find the factors of the quadratic equation, we need two numbers that multiplied give -400 and added -30. Since they are factors of 400, we can choose -20x20 or -40x10. When adding -20 and 20 the result is zero, but the sum of -40 and 10 is -30. Then:

$n^2-30n-400=0\\(n-40)(n+10)=0\\$

The solutions of the quadratic equation are $n-40=0$ and $n+10=0$ :

$n_1=40\\n_2=-10$

Since $n$ is a positive integer:

$n=40$

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2 years ago

Account got deleted! Add me!!

Step2247 [10]

Answer:

The descriptions that best characterize the young Dr. Jekyll include the following:

1. -He was famous.

2. -He was rich.

3. -He was in excellent shape.

Explanation:

He was an eccentric Dr who was researching on the possibility of discovering a drug that will help mankind. During his research, he noticed that, when ever he take a particular drug, it alters his personality and body which would bring out the darkest thoughts in him.

<em>The more he took the drug, the more him slips into darkness and destruction which always makes him sober after transforming back to his normal personality.</em>

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2 years ago

1.1.State 8 business functions and explain their roles​

1.1.State 8 business functions and explain their roles