Group of answer choices.
A. what & how; why.
B. why; who & what.
C. how; what & why.
D. what; how & why.
E. why; what & how.
Answer:
D. what; how & why.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
Vision is an ideal future conditions that aligns with the purpose for which an organization or business is in operation. Thus, it's a path that guides an organization into achieving a certain height in the future.
Basically, a vision statement answers the question of what an organization would want to be, by combining its current and future objectives.
On the other hand, a mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.
In conclusion, you should explain that the vision is the what and the mission is the how and why for the company.
Answer:
A.- we need to fund 1,000,000 to achieve a 50,000 dollar perpetuity.
B.- There will be 1,105 dolalrs after 10 years.
Explanation:
Formula for perpetuity:
annuity/rate = principal
50,000/0.05 = 1,000,000
we need to fund 1,000,000 to achieve a 50,000 dollar perpetuity.
B.- continuous interest formula:
we plug our values:
we deposit 1,000 dollar for 10 years at 1% rate
And now we solve:
Amount = 1,105.170918 = 1,105
Answer:
The correct word for the blank space is: Code of ethics.
Explanation:
A Code of Ethics is a collection of principles and guidelines an organization expects its employees to follow. Such codes are important to organizations as they lay down the agreed behavioral rules. A code of ethics sets out the expected conduct to be followed by professionals at all levels.
In the context of a business where products and services are offered to customers, demand is created by the customers.
This is further explained below.
<h3>What are
customers?</h3>
Generally, In the context of a company that provides goods and services to consumers, the demand for such goods and services is generated by the customers themselves.
In conclusion, the Customer is the receiver of an item, service, product, or idea that was gained from a seller, vendor, or supplier through a financial transaction or exchange for money or some other valued consideration. The term "customer" is used in the contexts of sales, commerce, and economics.
Read more about customers
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Answer:
Total cost= $8,966
Explanation:
Giving the following information:
Direct materials $3,991
Direct labor-hours 85 labor-hours
Direct labor wage rate $13 per labor-hour
Machine-hours 129 machine-hours
The predetermined overhead rate is $30 per machine-hour.
The total cost is calculated as follow:
Total cost= direct material + direct labor + allocated overhead
Total cost= 3,991 + (85*13) + (129*30)
Total cost= $8,966