Answer:
3 to 5 years
Explanation:
Strategic planning is the management activity of the business or the firm which is used in order to set the priorities, resources, focus energy, strengthen the operations, that ensure that the employees and the stakeholders are working toward a common motive or a goal.
Under this planning, managers considered the firm as a aggregate unit and ask themselves that what must be done for the long term, which is generally, three to five years, because the long term involves the long period or year of time that seeks the long term solutions.
Answer:
$8,000
Explanation:
The computation of the depreciation per units or bolts under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($33,000 - $3,000) ÷ (60,000 units)
= ($30,000) ÷ (60,000 units)
= $0.5 per unit
Now for the 2015 year, it would be
= Production units in second year × depreciation per bolts
= 16,000 units × 0.5
= $8,000
Almost always, labor unions bargain and negotiate for "all of the above" since they were formed during the Industrial Revolution when worker conditions were very dangerous.
