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anygoal [31]
2 years ago
11

2. Raven wants to have specific departmental goals for each of her departments so that it is clear what everyone should be doing

.
Using the new mission statement and goals you wrote, create one departmental goal for Sales/Advertising and one departmental goal for Purchasing/Accounting. Also create one supporting action plan component for each of the goals. Keep in mind that one goal does not have to cover all aspects of a department because one department could have two or three goals. You, however, are only required to create one of the goals for these departments, along with at one supporting action plan. (2 points)
Business
1 answer:
Sedaia [141]2 years ago
3 0

Sales/Advertising goal is to Identify 20 new prospects and include them to the CRM.

Purchasing/Accounting goal  is Lower costs of purchase and lower risk as well as make sure of adequate security of supply.

<h3>What is the goal of sales and marketing?</h3>

Marketing  is one that is centered on making brand awareness, growing market share, and as such, by Identifying 20 new prospects and include them to the CRM , will will go through all the possible names or firms and then find out the best 20 to target.

Since Purchasing/Accounting goal  is Lower costs of purchase and lower risk as well as make sure of adequate security of supply, will we make sure that the  purchase of raw materials are at the lowest and best price with quality product.

Learn more about goal from

brainly.com/question/25534066

#SPJ1

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__________ consist of organization infrastructure (administration and management), human resources (employee recruiting, hiring,
olga55 [171]

Answer:

Secondary Activities

Explanation:

Secondary activities inside an organization are those who support the primary activity. The primary activity consists in the production and distribution of goods and/or services to customers, while secondary activities are meant to improve aspects of the primary activity.

For example, the goal of human resources is to create good labor conditions so that employees are happier, and therefore, more productive. And the goal of the technology department is to engage in research to produce new goods or provide new services in the future.

4 0
3 years ago
Use the information below to answer the following question. The following lots of a particular commodity were available for sale
Andreas93 [3]

Answer:

$1,510

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

The business had a total of 40 inventories.

The inventories sold = 40 - 20 = 20

The cost of the goods sold would first be alloted to the 3rd purchased inventory = 10 x $77 = $770

The remaining cost of goods sold would be allocated to the 2nd purchase of inventory = 10 x $74 = $740

Total = $740 + $770 = $1,510

I hope my answer helps you

8 0
3 years ago
It's a good idea to call a day or two in advance to confirm your appointment. <br> True <br> False
ki77a [65]

Answer:

true

Explanation:

5 0
3 years ago
Ultimate Sportswear has $150,000 of 8% non-cumulative, non-participating, preferred stock outstanding. Ultimate Sportswear also
Natali [406]

Answer:

c. $12,000 preferred: $23,000 common

Explanation:

Calculation of how the Dividend should be distributed

First step is to calculate for preferred stock outstanding

Preferred stock outstanding=$150,000 * 8% non-cumulative

Preferred stock outstanding=$12,000

Second step is to calculate for common stock outstanding

Using this formula

Common stock outstanding = Cash Dividend-Preferred stock outstanding

Let plug in the formula

Common stock outstanding=$35,000-$12,000

Common stock outstanding=$23,000

Therefore Preferred stock outstanding will be $12,000 while Common stock outstanding will be $23,000

4 0
3 years ago
The Optical Scam Company has forecast a sales growth of 20 percent for next year. The current financial statements are shown her
Stolb23 [73]

Answer:

The external financing needed for next year is $1,766,004.

Explanation:

The external financing needed for next year can be calculated using the following formula:

External financing needed = ((Total assets / Sales) * Change in sales) - ((Short-term liabilities / Sales) * Change in sales) - ((Projected sales * Profit margin) * (1 - Dividend payout ratio)) ................... (1)

Where;

Total assets =  $24,705,000

Sales = $30,500,000

Change in sales = Sales * Sales growth rate = $30,500,000 * 20% = $6,100,000

Short-term liabilities = Accounts payable = $6,405,000

Projected sales = Sales * (1 + Sales growth rate) = $30,500,000 * (1 + 20%) = $36,600,000

Profit margin = Net income / Sales = $2,630,550 / $30,500,000 = 0.0862475409836066

Dividend payout ratio = Dividends / Net income = $1,052,220 / $2,630,550 = 0.40

Substituting all the values into equation (1), we have:

External financing needed = (($24,705,000 / $30,500,000) * $6,100,000) - (($6,405,000 / $30,500,000) * $6,100,000) - (($36,600,000 * 0.0862475409836066) * (1 - 0.4))

External financing needed = $1,766,004

Therefore, the external financing needed for next year is $1,766,004.

8 0
3 years ago
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