1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Finger [1]
2 years ago
5

Which best describes the role of financial planning?

Business
1 answer:
Savatey [412]2 years ago
5 0

The role of financial planning can be described by allowing someone to have lesser obstacles in an economy of a country.

Option D is the correct answer.

<h3>What is a financial plan?</h3>

A financial plan is a statement defining the company's recent finances, the objectives and the strategies to attain those objectives.

Financial planning helps in the creation of budgets for future uses, formulate the ways for minimizing or saving the charges to be incurred in the future and execute the ways of accumulating and increasing the wealth of an organization.

Therefore, the explanation provided in part D would best describe the role of financial planning.

Learn more about the financial plan in the related link:

brainly.com/question/8822382

#SPJ1

You might be interested in
VelSad is contemplating the acquisition of Po, Inc. The values of the two companies as separate entities are $32 million and $16
svetoff [14.1K]

Answer:

7.58m

Explanation:

The VelSad is considering to acquire Po, Inc. by offer of 20 million cash or either 44% holding. The cost of acquisition refers to all cost incurred by a company to acquire another company. The benefit VelSad can get after acquiring Po, Inc is that it can save marketing and administrative cost by $560,000 every year. The cost of stock offer is 7.58 million. This is calculated by taking 44% of VelSad value and then discounting it at cost of capital which is 10%.

7 0
3 years ago
Free Brainlist lol <br><br> Me You<br> (☞゚ヮ゚)☞ ☜(゚ヮ゚☜)
dem82 [27]

fhjdjsndfhndjdmkdjdjdj

6 0
3 years ago
Read 2 more answers
Omkara, a furniture manufacturer, contracts with foam gnome for $50,000 worth of foam, which omkara will use for making ten sofa
snow_tiger [21]
In this situation, it would be a breach of contract if G<span>nome would require </span>Omkara<span> to pay a higher price than the agreed price. They have already contracted the price and they both agreed to it. </span>Omkara<span> can enforce her right to the contract claiming that she will only pay the $50000 because it is what they have agreed upon.</span>
8 0
3 years ago
In the small town of geneva, there are 5 firms that make watches. the firms’ respective output levels are 30 watches per year, 2
VMariaS [17]
The four-firm concentration ratio is a term used to refer to the market share of the four largest firms. In this given example, the total number of output every year is 100 watches per year. Then, 90 of which are coming from the four largest firm. Thus, the four-firm concentration ratio is equal to 90%. 
3 0
3 years ago
How can integrating SCM, CRM, and ERP help improve business operations at your place of work or school
zalisa [80]

Answer:

The integration of those systems will have the power to improve the operations by giving more information and control to the managers and help them in the decision making process.

Explanation:

First of all, the name of "Supply Chain Management" refers to a system that is used in the companies in order to have information and control what it is known as the flow of the goods and services since the raw materials until the final good consumed by the final user.

Secondly, a "Customer Relationship Management" is another system that focus more priorily in the attention to the consumer and the relationship that the company has with him, meaning that in that system all the information related to the customer is held

Finally, an "Enterprise Resource Planning" is also a system that helps the managers to resolve the problems more superiors related to the high management and the decision making process that is involved in those areas due to the fact that it provides a continuous and real life time focus of the situation of the company as a whole.

To sum up and in order to respond to the question, those three systems can help any business to improve its operations due to the simply fact that it will have a major control of what happens and that will mean more information for the decision making process that will lead to better results and profits.

8 0
2 years ago
Other questions:
  • Zokro, a nongovernmental not-for-profit organization, uses the indirect method to prepare its statement of cash flows. In determ
    9·1 answer
  • After some research, albert picked six companies in which to invest money. he discussed his picks with his wife, and she fully s
    10·1 answer
  • The logistics/operations manager of a mail order house purchases two products for resale: king beds (K) and queen beds (Q). Each
    13·1 answer
  • Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas willdecrease .
    12·1 answer
  • 1. Purchased raw materials on account $49,400.
    15·1 answer
  • Suppose that a pharmaceutical company wants to grow in size but is constrained in the short run by its production capacity. What
    14·1 answer
  • Jessica and her friends are 16 years old like to shop at Aeropostale, which is a clothing store targeted to teens and young adul
    6·1 answer
  • SBD Phone Company sells its waterproof phone case for $108 per unit. Fixed costs total $227,000, and variable costs are $48 per
    11·1 answer
  • Which of the following characteristics is a disadvantage of cloud-based hosting?
    8·1 answer
  • Trent Co. reports the following information: Net cash provided by operating activities $430,000 Average current liabilities 300,
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!