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1 year ago

True or false: Controlling involves developing goals and preparing various budgets to achieve those goals.

Business

1 answer:

Radda [10]1 year ago

7 0

False, Planning involves developing goals and preparing various budgets to achieve those goals not controlling

Controlling involves determining if goals have been followed and taking corrective measures

Control is a management feature that helps you check for errors in order to take corrective action. This is done to minimize deviations from standards and ensure that the organization's set goals are achieved in the desired way.

The corporate governance management process is when managers define, measure, improve and manage cost management of their business operations. Control processes allow enterprises to manage changes in their supply chain, customer demand, and other variables that affect their lives.

Learn about controlling function here:brainly.com/question/22691648

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2. Distinguish between economic and non-economic wants.

bulgar [2K]

Answer:

Difference among the economic wants and the non- economic wants is shown below:

Explanation:

Wants is the term which is described as the desires for the things that the person or an individual may or may not actually require or needed.

a. Economic wants

1. Economic wants are those wants which generally known as the desires and are usually satisfied or fulfilled after taking or consuming he service, goods or in other cases leisure.

2. Economic wants is spending money in order to satisfy the want or the desire.

b. Non - economic wants

1. Non- economic wants are those wants which are generally the human needs, that is required or needed to be satisfied without involve the monetary cost or the value.

2. It might involve the water, air.

3. These are those wants that could be fulfilled without spending the money.

4 0

3 years ago

2. A series of five constant dollar (or real-dollar) payments, beginning with $6,000 at the end of the first year, are increasin

Komok [63]

Answer:

The equivalent present worth of the series is $27,211.16.

Explanation:

The first thing to do is to calculate the real interest using the following formula:

1 + i = (1 + r)(1 + inf) ..................... (1)

Where;

i = market interest rate = 11%, or 0.11

r = real interest rate = ?

inf = average general inflation rate = 4%, or 0.04

Substituting the values into equation (1) and solve for r, we have:

1 + 0.11 = (1 + r)(1 + 0.04)

1 + r = 1.11 / 1.04

1 + r = 1.06730769230769

r = 1.06730769230769 – 1

r = 0.06730769230769

The equivalent present worth of the series can now be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:

PVga = (P / (r - g)) * (1 - ((1 + g) / (1 + r))^n) .................... (2)

Where;

PVga = present value of a growing annuity or equivalent present worth of the series = ?

P = constant dollar (or real-dollar) payments = $6,000

r = real interest rate = 0.06730769230769

g = growth rate of payments = 5%, or 0.05

n = number of years = 5

Substituting the values into equation (2), we have:

PVga = (6000 / (0.06730769230769 - 0.05)) * (1 - ((1 + 0.05) / (1 + 0.06730769230769))^5)

PVga = 346,666.666666712 * 0.078493722845371

PVga = $27,211.16

Therefore, the equivalent present worth of the series is $27,211.16.

8 0

3 years ago

Bubble Inc., a chewing gum manufacturer, specifically targets children in its advertisements. In its latest advertisement, the c

earnstyle [38]

<h3>Bubble Inc., a chewing gum advertisement represents the brand's Unique selling proposition. </h3>

Explanation:

The Unique Selling Proposition, or Unique Selling Point (USP), is a marketing term that refers to any attribute or feature of a product or service that separates it from the competition and emphasizes its specific customer benefits.

Businesses with a unique selling proposition stand for something particular, and it becomes Bubble Inc., known for. A clearly defined USP can be an important tool for helping Bubble Inc., marketing strategies and concentrate them on setting their brand and goods apart from their competition.

3 0

3 years ago

Why are both life expectancy and quality of life used to evaluate overall health?

OlgaM077 [116]

The complete health of a person is a good forecaster of his or her life expectancy. If a person's quality of life is higher than his/her life expectancy is higher which makes him or her live longer. Also, if a person's overall health is good than the life expectancy is higher which also makes him or her live longer. Consequently, both life expectancy and quality of life are valid indicators of overall health.

6 0

3 years ago

Mantle Publications publishes a golf magazine for beginners interested in learning and playing golf. The magazine sells for $4.0

omeli [17]

Answer:

December:

Dr cash $16,000

Cr subscription revenue $16,000

Dr cash $216,000

Cr unearned revenue $216,000

January 2017:

Dr unearned revenue $18,000

Cr subscription revenue $18,000

Explanation:

The sales of 4000 copies at the newstand means that revenue of $16,000($4*4000) has been earned in December,which means that cash would debited with $16,000 and sales revenue credited with the same amount.

In December,the subscriptions received in advance for 2017 of $216,000($36*6000) would be debited to cash and credited to unearned revenue account.

At the end of January,the unearned revenue would be debited with $18,000($216,000/12) in respect of subscription earned as a result of the Magazine been mailed to subscribers in the month,which now entitles the company to one month subscription as earned sales revenue.

3 0

3 years ago