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aliya0001 [1]
3 years ago
11

When joseph, a restaurant manager, plans, he sets goals and then decides how to achieve them. this is the definition of planning

?
Business
1 answer:
Margarita [4]3 years ago
8 0
<span>This is a true statement. When Joseph is setting these plans, he is giving himself a roadmap on how he and his employees will best achieve these goals over the timeframe required. By planning, he can make sure that the business stays on track to meet whatever figures the company has set forth.</span>
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Short definition for business cycle ?
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A cycle or series of cycles of economic expansion and contraction.
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3 years ago
Ralph agrees to lease an apartment from Susan for one day to see Thomas, the president of the United States, deliver a speech in
Reptile [31]

Answer:

A, discharged

Explanation:

Since the speech to be seen is cancelled well ahead of the due date, then the contract between Ralph and Susan is discharged. There is no more speech to listen to and as such Susan can have her apartment back.

Cheers.

5 0
3 years ago
As a factor of production, how is capital created? A. By adding land to entrepreneurship B. By adding human labor to land C. By
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B

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7 0
2 years ago
Read 2 more answers
U.S. GDPa. includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign co
LuckyWell [14K]

Answer:

The correct answer is letter "A": includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign countries.

Explanation:

The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. The GDP measures the size of the economy and it is determined by the following formula:  

GDP = C+ G + I + NX

Where:

C = Private consumption

G = Government spending

I  = Businesses' capital spending

NX = Net exports (exports-imports)

Labor is part of the GDP as well. It could be included in government spending or capital spending. <em>A nation's labor productivity is the sum of all the labor force production within the country regardless of the nationality of the workers</em>. <em>Citizen's productivity working abroad will be included in the GDP of the country where they work</em>.

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2 years ago
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The reason for a <u>just-in-time</u> inventory strategy is to minimize tying up large sums of money for long periods of time and, in addition, to reduce the cost associated with inventory management.

inventory management enables agencies to discover which and what kind of inventory to order at what time. It tracks stock from buy to the sale of products. The exercise identifies and responds to tendencies to ensure there may be constantly sufficient inventory to satisfy patron orders and the right caution of a shortage.

Discipline inventory management generally known as stock management is the feature of know-how of the stock mix of a corporation and the exclusive demands on that inventory.

The three maximum popular inventory management strategies are the frenzy method, the pull approach, and the simply-in-time technique. these techniques offer businesses distinct pathways to assembly consumers call for.

Learn more about inventory management here brainly.com/question/13439318

#SPJ4

5 0
1 year ago
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