Answer:
The answer is (A) They undergo continuous change.
Explanation:
To remain competitive in today’s world, a company must be willing to continue changing according to what the market currently needs and will need in the future. When a company remains stagnant, it would be outpaced by its competitors. Most of the household names that we commonly encounter maintains a spirit of continuous improvement – and we can encounter this from the innovative product they choose to make, better customer experience, or improvement in internal business process.
Answer and Explanation:
The computation is shown below;
1. The willing amount to pay for the promise should be less than $20 that represents the time value of money
2. Now the present value is
= Received amount × discounting factor at 6% for 3 years
= $1,000 × 0.839
= $839
3. Now the interest rate is
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$1,000 = $863.84 × (1 + rate of interest)^3
rate of interest =5% approx
Answer:
set through a process that involves all persons responsible for formulating and implementing the goals.
Explanation:
Goal setting theory states that when there are specific and challenging goals along with appropriate feedback, there will be better performance of tasks.
Goal setting is a continous process that is improved by feedback of all stakeholders.
In setting goals performance is improved when the people that implement and formulate the goals are involved.
This will result in higher buy in to the process since all interested parties set the goals together.
Answer:
The percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is 112%
Explanation:
In order to calculate the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, we would have to make the following calculation:
Year 2 trend analysis % = $ 1,008 sale in Year 2 / $ 900 Year 1 sale
Year 2 trend analysis % = $1,008 / $900
Year 2 trend analysis %= 112%
The percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is 112%
