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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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You possess a SECRET personnel security clearance and have been assigned to work on Project X. Carlos is your superior and has a

Mice21 [21]

Answer:

No. The classified document should not be shared with Carlos

Explanation:

Based on the information given the classified document should not be shared with Carlos because Carlos is not part of the Project X team and he does not have a "need-to-know" secondlly no one else is supposed to be given automatic access to the Secret document in my possession related to Project X or the classified information solely because the person is my superior or because of the person rank, position or security clearance.

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3 years ago

A process currently services an average of 43 customers per day. Observations in recent weeks show that its utilization is about

love history [14]

Answer:

The correct answer is 31 customers per day.

Explanation:

Consider the current capacity requirement as = x

Management wants to have a capacity cushion = 8%.

So the utilization is required = 100% - 8% = 92%

A process of currently services an average of 43 customers per day and utilization is 90%.

Expected Demand=70%= 70 ÷ 100 = 0.70

Current utilization = 90% = 0.90

Let Capacity requirement = X

Capacity requirement ÷ required utilization = Expected Demand rate × current service rate ÷ current utilization rate

X ÷ 0.92 = 0.70 × 43 ÷ 0.90

X = 0.70 × 43 ÷ 0.90 × 0.92

= 30.76 or 31

Needed capacity requirement is 31 customer per day.

6 0

2 years ago

on august 1, paid $72,000 cash to purchase houtte's 9%, six-month debt securities ($72,000 principal), dated august 1.

Kitty [74]

Here short term investment is debited as it increased the asset and credited the cash as decreased the asset.

here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue.

What Are Short-Term Investments?

Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.
After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments.
Short-term investments, also known as marketable securities or temporary investments, are financial investments that can be easily converted to cash, typically within 5 years.
Typically, these investments are high-quality and highly liquid assets or investment vehicles.
Short-term investments may also specifically refer to financial assets of a similar kind, but with a few additional requirements, that are owned by a company.

To know more about Short-term investment visit:

6 0

1 year ago

Lisa's credit card balance this month is $969.16. Her APR (annual percentage rate) is 15.24 %. The minimum payment due is

8090 [49]

Answer:

It will take 50 months to complete the payment on his entire balance

Explanation:

We have to solve for n in an annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $20.00

time n

rate (0.1524 / 12 months per year) 0.00127

PV $969.1600

$20 \times \frac{1-(1+0.00127)^{-n} }{0.00127} = 969.16\\$

$(1+0.00127)^{-n}= 1-\frac{969.16\times0.00127}{20}$

$(1+0.00127)^{-n}= 0.93845834
$

Now, we use logarithmics properties to get the answer:

[tex]-n= \frac{log0.93845834}{log(1+0.00127)

n = 50.044991

8 0

2 years ago

2. A depositor puts $25,000 in a saving account that pays 5% interest, compounded semiannually. Equal annual withdrawals are to

Umnica [9.8K]

Answer:

The correct answer is $1265.60.

Explanation:

According to the scenario, the given data are as follows:

Present Value (PV) = $25,000

Rate of interest = 5%

Rate of interest ( semi annual) (r) = 2.5%

Time period (semi annual) = 2

So, First we calculate the effective annual interest rate,

Effective annual interest rate = ( 1 + r)^n = (1.025)^2 -1

=5.0625%

So, Annual Withdrawal = PV × Effective annual interest rate

by putting the value, we get

Annual withdrawal = $25,000 × 5.0625%

= $1265.60

7 0

3 years ago

1.1.State 8 business functions and explain their roles​

1.1.State 8 business functions and explain their roles