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1 year ago

A formal written document that describes the nature of a business and how it will operate.

1 answer:

5 0

A business's business plan is a formal written document that outlines the nature of the business and how it will function.

A strategic document that encapsulates your plans for your company is the business plan. It enables you to assess whether your ideas are feasible and whether there is a demand for your goods or services.

Summary/Overview is the main section of the business plan.

A succinct but clear argument (a few phrases or paragraphs) outlining why the company will succeed. The Business Plan's most crucial component since it ties everything together.

<h3>What constitutes a business plan's $7$ components?</h3>

Here is a list of the seven key elements of a business plan and what it should contain, despite the fact that plans vary as much as enterprises do.

Brief summary.

Business Description.

Services and goods.

Market research.

Organizing and Executing Out

Business and its management team.

A plan and estimated costs.

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The relationship between an employer and an employee can be thought of in terms of a(n) __________, a description of what an emp

myrzilka [38]

The answer is psychological contract.

A broken psychological contract may occur when an employee believes that working extra would be naturally rewarded. This, however, may not be business policy. If the person is salaried, they may not be compensated for the extra hours worked.

Daily acts and remarks made in the workplace, as well as how they are interpreted by all parties involved, have an impact on the contract.

In other words, it is a promise developed via regular workplace encounters in which the organization learns what is expected of each employee.

Psychological contracts evolve and adapt to the organizational working culture over time. However, they are generally difficult to change and can differ across individual party members and whole organizations.

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8 0

2 years ago

What is the equation for Student Loan Payments? ( Economics and Finances)

Rufina [12.5K]

Answer:

p= r(PV)

---------

1-(1+)^-n

p=Payment

PV= Present Value

r=rate per period

n=number of periods

Explanation:

sorry if it is wrong

6 0

2 years ago

in any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on a

kenny6666 [7]

The statement is True. In any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on any particular negotiation and making sure the other party—and your relationship with him—survives intact.

Negotiation is a dialogue among two or extra human beings or events to reach a preferred final result regarding one or more troubles of battle. it's miles an interplay among entities who aspire to agree on topics of mutual interest. The agreement may be useful for all or some of the events concerned.

Examples of employee-to-1/3-celebration negotiations encompass: Negotiating with a purchaser over the charge and terms of a sale. Negotiating a prison agreement with an opposing legal professional. Negotiating carrier or supply agreements with companies.

The term negotiation refers to a strategic dialogue that resolves a problem in a way that each event locates ideal. In a negotiation, every birthday party tries to persuade the alternative to accept as true with their factor of view.

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7 0

1 year ago

Assume that a radiology group practice has the following cost structure: Fixed costs = $500,000 Variable cost per procedure = $2

solniwko [45]

Answer:

(a) $91.67

(b) $687,500

(d) $125; $91.67; $75

Explanation:

(a) Underlying cost structure:

= [($25 × 7,500) + $500,000] ÷ 7,500

= $91.67

(b) Expected total cost:

= $500,000 + ($25 × 7,500)

= $687,500

= $500,000 + ($25 × 5,000)

= $625,000

Estimated total cost at 10,000:

= $500,000 + ($25 × 10,000)

= $750,000

(d) Average cost per procedure at 5,000:

= [($25 × 5,000) + $500,000] ÷ 5,000

= $125

Average cost per procedure at 7,500:

= [($25 × 7,500) + $500,000] ÷ 7,500

= $91.67

Average cost per procedure at 10,000:

[($25 × 10,000) + $500,000] ÷ 10,000

= $75

7 0

3 years ago

A new company with a balance of zero in their cash account had the following cash transaction in its first month: obtained a ban

stealth61 [152]

Answer:

The balance in the cash account at the end of the month will be $401.000

Explanation:

+$ 344,000 bank loan

+$112,000 stock issued to stakeholders

-$54,000 purchase of inventory

+$25,000 sell

-$26,000 payment of dividends

-------------

$401,000 balance at the end of the month

see attached file for T-account

Download xlsx

7 0

3 years ago