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Natasha_Volkova [10]
3 years ago
11

The management team at Imagine Advertising is trying to land a new client. Carla, the CEO, has set targets for how much the cont

ract needs to be and has delegated out the tasks. Dominic and Stella are sent out to meet with the client. In the past, they have been successful at helping clients see the big picture and how their advertising team can help the client realize their goals. What principal function do Dominic and Stella possess?A) controllingB) leadingC) planningD) organizingE) motivating
Business
1 answer:
Liono4ka [1.6K]3 years ago
5 0

Answer:

B) leading

Explanation:

Leading is a function of management which involves using influence to motivate employees and clients to achieve organisational and client goals respectively. Dominic and Stella possess the leading function due to their ability to influence the clients on how Imagine Advertising will help the clients achieve their goals.

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Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out
slamgirl [31]

Answer:

Option (3) is correct.

Explanation:

Given that,

Enok, a prospective franchise owner,

Royalty payments = 8 percent of sales could be as high as $300,000 per month

Therefore, the franchiser is claiming that a franchisee can expect monthly sales to be as high as:

= $300,000 × (100 ÷ 8)

= $300,000 × 12.5

= $3,750,000

Option (3) is correct.

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3 years ago
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Answer:

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6 0
3 years ago
Which of the following statements about budgeting is false? Multiple Choice Budgets create standards for performance evaluation.
Mars2501 [29]

Answer:

The master budget should only be prepared by top management.

Explanation:

A budget is an estimation of the amount of money that a person or business plans to spend on activities within a given period.

Budgeting creates efficiency in spending and reduces waste.

It is an activity that should be carried out by all relevant staff. This is because the staff know where they need to spend money.

It top management independently make a budget, it may not meet some pressing needs of the staff.

7 0
3 years ago
The difference between the basic eoq model and the production order quantity model is that
Marrrta [24]
EOQ stands for Economic Order Quantity. It<span> is the order quantity that minimizes the total holding costs and ordering costs.</span><span>
The difference between the basic EOQ model and the production order quantity model is that </span>the production order quantity model does not require the assumption of instantaneous delivery.
3 0
2 years ago
During 2013, Stein Corporation reported net sales of $3,500,000 and net income of$2,100,000. Stein also reported beginning total
lana66690 [7]

Answer:

b.2.8 times.

Explanation:

Asset turnover =  net sales/average total assets

From Stein Corporation report,

Net sales = $3,500,000

Beginning total assets = $1,000,000

Ending total assets = $1,500,000

Average total asset = ($1,000,000 + $1,500,000)/2

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Asset turnover = $3,500,000/$1,250,000

                         = 2.8 times

Option b is right.

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3 years ago
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