Answer: (C) Planning
Explanation:
The planning is the term that is used to manage all the functions in an organization and perform various types operations for achieving the desired goals in an organization.
The main objective of the planning is that it helps in achieving the main goal and target and it also organize all the functions in an organization in planned way.
The planning is one of the most important factor in an organization as it helps in manage all the resources and also the productivity an organization.
According to the given question, Sergio is the manager of the software company and he work on the new project and in context of the given management situation Sergio using the planning method.
Therefore, Option (C) is correct answer.
Answer:
The journal entry is as follows:
Cash A/c Dr. $2,020,000
Discount on bonds payable A/c Dr. $59,216
To Bonds payable $2,000,000
To Paid in capital - stock warrants $79,216
(To record the issuance of the bonds and warrants)
Workings:
Cash:
= 2,000 × $1,000 × 101%
= $2,020,000
Discount on bonds payable:
= 2,000,000 - 2,020,000 × (980 ÷ 1,020)
= $59,216
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Non price competition is competing against others when price isn't the driving force of differentiation. If a local restaurant repairs a new recipe for it's lunch menu it is using the physical characteristic form of non price competition. The restaurant is hoping to differentiate based on the quality and taste of their new lunch item compared with another restaurants.