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kati45 [8]
3 years ago
15

The monitoring step of the mission and vision statements development process is analogous to which step of the principles of man

agement framework?
Business
1 answer:
jeyben [28]3 years ago
3 0

Answer: The "Controlling" step of the management framework.

Explanation: Management principles have been categorised into 4 main functions namely: planning, organising, leading and controlling. In short this is known as the P-O-L-C framework. The aim of this framework is to act as a guide used to assist management in addressing challenges faced by the organisation.

In the monitoring step of the mission and vision statements development is analogous (related) to the controlling element of the framework. In this step, key milestones are identified and recognised over time. Using these milestones, progress is monitored and measured against the objectives of the organisation. Audit can be an important tool used during this step of the process, to confirm whether milestones are effectively monitored.

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A(n) _____ refer(s) to a detailed description of a brand's current marketing position.
NemiM [27]

Answer: Situation analysis

Explanation:

  The situation analysis is the collection of all the methods which is specifically used by the manager in an organization for analyzing both external and the internal environment of the firm.

 It is the process of evaluating the growth of the company and the potential of the customers in terms of business. The importance of the situation analysis is that it provide strength and various types of opportunities in the market.

 Therefore, Situation analysis is the correct answer.

   

3 0
3 years ago
Leather ShopLeather Shop earned net income of $57,000 after deducting depreciation of $5,000 and all other expenses. Current ass
slavikrds [6]

Answer:

$75,000

This option has not been provided

Explanation:

Cash provided by operating activities

Net Operating Income

Add: Depreciation

Add: Decrease in current assets

Add: Increase in Current Liabilities

Using the information in question, we have

Cash Provided by operating activities = $57,000 + $5,000 + $4,000 + $9,000 = $75,000

None of the above is the right answer as the correct option is not available.

8 0
3 years ago
A normal profit is:______
katen-ka-za [31]

Answer:

b. revenues minus accounting and opportunity costs.

Explanation:

A normal profit occurs when the amount of profit generated by a company in a given period is equal to the amount of its costs, that is, in this situation the company's profit is sufficient to cover its costs and it manages to continue operating in a market in a way competitive, for this reason the normal profit

The opportunity cost refers to normal profit due to the fact that this is the amount that is equal to zero with respect to economic profit, which is what is necessary for the company to operate when considering the investment made.

4 0
3 years ago
Unit 1 Quiz Submit 6 A market economy has several benefits, but it also has some drawbacks. What is one negative effect a market
Lesechka [4]

Answer:

A. It creates extreme divisions between the wealthy and the poor

Explanation:

The market economy is profits driven. The prices of goods and services, including essential goods, are set to generate profits for the producer. Only people with resources are able to acquire these goods.  

The market economy creates social inequities as those with fewer resources will always afford little. Meanwhile, owners of the factors of production continue making profits and growing more wealthy. Economies with a market economy will have people at both extreme ends of wealth; those with a lot and those who barely have any

6 0
3 years ago
Crane Flight Services contributes $25 a week to Helen's retirement plan starting immediately. Assuming she works for Crane for a
Zigmanuir [339]

Answer:

The value of this employee benefit today is closest to $17,758.66

Explanation:

Crane Flight services per week contribution C = $25

Discount rate per r=4.75%

Discount rate per week r= 4.75% / 52 =0.0913%

Total Payment N = $52 * 22 years = $1,144

Current value of employee benefit P = C*(1+r)*(1-(1+r)^-N)/r

P=25*(1+0.0913%)*(1-(1+0.0913%)^-1144)/0.0913%

P = 25 * (1.000913) * (1 - (1.000913)^-1144)/0.000913

P = 25 * (1.000913) * 1 - 0.3520453/0.000913

P = 25 * (1.000913) * 709.6985

P = 17758.661368

P = $17,758.66

7 0
3 years ago
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