The correct answer to this open question is the following.
A company is more likely to adjust its business strategy to accomplish its goals and follow its mission.
The Mission of the company is permanent, which means it does not change every determined month or a couple of years. It can be modified after many years. But the Mission is established as the purpose of the company. That is why the organization has to permanently adjust its business strategy in order to fulfill the mission and accomplish its goals.
Answer: C.
Intercoms are a very useful system for businesses because, it allows the customers to just drive up an order from the machine rather than having to get out of the car and going into the restaurant establishment itself.
Arlene knows it is important to approach business buyers at the right time, which is often during the first stage of their buying process.
She stays in touch with her customers, hoping to find out when they are going through: need recognition.
Business buyers
A potential buyer of a business could be an individual, a group of individuals, an institutional investor, a business operating in your sector or one closely related to it, or even a rival firm. Each of them has unique traits, aspirations, workflows, and financial capacities.
To learn more about Business buyers
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The receivables turnover ratio is an
activity ratio computing how proficiently a firm uses its assets.
Receivables turnover ratio can be calculated by:
net value of credit sales during a given period divided by the average
accounts receivables.
Receivables turnover = sales / receivable
= 4,515,830 / 336,500
= 13.42
Days’ sales in receivables = 365 days/ receivable turnover
= 365 / 13.42
= 27.20
The average collection period is 27.20 days.
Answer:
Budgets
Explanation:
Budgets are prepared for a future date and it creates a basic estimate and projection of future income and expenditures.
The income statement is prepared which presents the income and expenditure for a period which has lapsed.
Basically for a period that is past now. When future projections are created based on analysis and expectations then it is called budget.
Budgets reflects the expected performance of the company in the near future, based on the estimate about what the company members can perform.
