Who should be responsible for establishing the credit limit for new customers, or increasing an existing customer's credit limit

George's manager has given him the following goal: "Profits should be increased in the coming year in order for employees to rec

Shtirlitz [24]

Answer:

The options for this question are the following:

a. Specific and measurable

b. Cover key result areas

c. Linked to rewards

d. Defined time period

e. Challenging but realistic

The correct answer is a. Specific and measurable .

Explanation:

Without smart goals, there is no success. SMART objectives encourage focus and action. They are a way of contributing structure and measurability to your goals and objectives. If you want to succeed in sports, you must set SMART objectives: specific, measurable, attainable, relevant and temporary. Let's see each one of them and talk about what it really means to set SMART goals:

S - Specific

The less clear your goal is, the less likely it is that you can achieve it. Try to be as specific as possible by asking yourself questions like: What do I really want to achieve? When do I want to get it? Where? How? Including figures in your goal is also a good way to make it more specific. For example: I want to perform 10 Strict Pullups in 15 weeks. Or, my goal is to improve my Aphrodite time by 2 minutes in the next 3 months.

M - Measurable

Measurable is related to the criteria on which you base your achievement, is to have concrete evidence that you have achieved it. How will it make you feel? What are you going to see? Dividing your goal into measurable steps makes it clearer and easier to achieve the desired result.

7 0

3 years ago

An airport in Japan is planning to purchase a parcel of land for building additional executive hangars in five years. The price

Vsevolod [243]

Answer:

The airport should invest a uniform amount of $A=$ $357,958.55

Explanation:

Hi

First of all, we need to know how much will cost the land in five years so we have, $F=2000000*(1+0.05)=2100000$ , that means that the future value of the land will be $2'100,000.

Now we can use $A=\frac{F}{\frac{(1+i)^{n} -1}{i} }$ with $F=2100000, n=5$ and $i=8$ %, so we have $A=\frac{2100000}{\frac{(1+008)^{5} -1}{0.08} }=357958.55$

8 0

3 years ago

Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit contribution margins of $

emmasim [6.3K]

Answer:

1. What is the contribution margin per hour of machine time for each type of team shirts?

Homerun =  $ 50

Goalpost = $30

2. What is the optimal mix of team shirts?

Homerun = 50,890

Goalpost = 3,822

3. What is the total contribution margin earned for the optimal mix?

Total contribution margin earned for the optimal mix = $311,780

Explanation:

1. Contribution margin per hour of machine time for each type of team shirts

Homerun

Contribution margin per hour of machine = $5 / (6/60)

= $ 50

Goalpost

Contribution margin per hour of machine = $15 / (30/60)

= $30

2. Optimal mix of team shirts

Determine if machine time is a limiting factor

Demanded Hours

Homerun 0.1 × 50,890 = 5,089

Goalpost 0.5 × 50,890 = 25445

Total Hours Demanded = 30,534

Available Hours

Available hours =1,000 hour × 7 machines

=7,000 hours

Demanded Hours > Available hours

Therefore machine time is a limiting factor

Determine Mix

Rank the T-Shirts based on contribution margin per hour of machine time

Position 1. Homerun = 5,089

Position 2. Goalpost = 1,911 (takes the remaining hours)

Number of T-Shirts (mix)

Homerun = 5,089 / 0.1 = 50,890

Goalpost = 1,911 / 0.5 = 3,822

3. The total contribution margin earned for the optimal mix

Homerun = 50,890 × $5 =254,450

Goalpost = 3,822 × $15 = 57,330

Total = 311,780

3 0

3 years ago

the document that states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentatio

yuradex [85]

The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary

Letter of credit is also called documentary credit or bankers commercial credit.

The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.

This document is usually a mode of payment used for the importation of visible goods.

In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary