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lesya [120]
3 years ago
12

Why does a business need a vision statement, a mission statement, and goals? explain

Business
2 answers:
Pani-rosa [81]3 years ago
3 0
It determines the company's<span> direction. Smart business owners use this </span>statement<span> to remind their teams why their </span>company<span> exists because this is what makes the </span>company<span> successful. The </span>mission statement<span> serves as a “North Star” that keeps everyone clear on the direction of the organization.

Hope this helps, and good luck!</span>
san4es73 [151]3 years ago
3 0
Hey there friend!

Vision statement: They would need to have this so that <span> each element of the strategic management is basically aligned with the companies term's of condition but in this case, it would be (there long term) goal.

Mission statement: They would use a mission statement to improve in their company and to make their company in better shape and condition. They would make goals and expectations.

Hope this helps you.</span>
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When you market medicare advantage and part d plans, what may you offer as a gift to induce enrollment in a plan?.
tangare [24]

When the insurance agents sold the Medicare plans under part D  then in order to induce the enrollees they can provide them with gifts worth not more than $15 in value.

<h3>What is a Medicare plan?</h3>

A Medicare plan is an insurance plan provided to US citizens in the healthcare sector by private insurance firms.

Under part D of the Medicare plan, the insurance agents cannot be allowed to provide prizes or gifts having a value of greater than $15, are not permitted to pay for any kind of meals, and also not allowed to give any gift card or any kind of money to the enrollees.

Therefore, the insurance agents can induce the persons to get enrolled in the Medicare plan by giving them gifts of not higher than $15.

Learn more about the Medicare plan in the related link:

brainly.com/question/24286419

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8 0
2 years ago
Redwood Corporation is considering two alternative investment proposals with the following​ data: Proposal X Proposal Y Investme
frez [133]

Answer :

Accounting rate of return = 0.0432 = 4.32%

Explanation :

As per the data given in the question,

Depreciation per year = (Cost - Salvage) ÷ Useful life

= ($810,000 - $10,000) ÷ 8 years

= $100,000

Annual Net income = Annual net cash flow - Depreciation

= $135,000 - $100,000

= $35,000

Accounting rate of return = Annual net income ÷ investment

= $35,000 ÷ $810,000

= 0.0432

= 4.32%

We simply applied the above formula

4 0
3 years ago
The CFO of the company believes that an appropriate annual interest rate on this investment is 4%. What is the present value of
irinina [24]

Answer:

Present value of the cash flows = $1,625,000 /1.04 + $1,685,335/1.04  + $1,975,000/1.04 + $600,000/1.04 = $5,389,337.27

You recently moved to a new apartment and signed a contract to pay monthly rent to your landlord for a year.  ⇒ ANNUITY

SOE Corp. hires an average of 10 people every year and matches the contribution of each employee toward his or her retirement fund.  ⇒ UNEVEN CASH FLOW (EACH EMPLOYEE'S SALARY VARIES, SO THE TOTAL EXPENSE ALSO VARIES)

Franklinia Venture Capital (FVC) invested in a budding entrepreneur's restaurant. The restaurant owner promises to pay FVC 10% of the profit each month for the next 10 years.  ⇒ UNEVEN CASH FLOW (PROFITS ARE NOT IDENTICAL FORM ONE PERIOD TO ANOTHER)

You have committed to deposit $600 in a fixed interest-bearing account every quarter for four years. ⇒ ANNUITY

6 0
3 years ago
The characteristic that all forms of direct marketing have in common is that they:
dlinn [17]
The characteristic that all forms of direct marketing have in common is that they:

are carried out by agents or brokers.

involve face-to-face or teleconferencing sessions with the customer.

include some type of activity that directly links manufacturers to the ultimate consumer.

make use of exclusive distribution systems with a network of traditional "bricks and mortar" stores.
5 0
3 years ago
An international business is defined as Multiple Choice one that implements homogenous practices across countries. the basis for
ziro4ka [17]

Answer:

one that implements homogeneous practices across countries.

Explanation:

The process of trading across the national boundaries are said to be an international business. The business process like trading of the good and services and the process of technological and capital investment globally fall under the practice of international business. The transactions of the goods and services are practiced across the borders. Globalization is another term of international business.

6 0
4 years ago
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