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2 years ago

Owens Finest Mattress Co., Inc. decided to employ an anti-mission statement. Which of the following phrases did they use

Business

2 answers:

Kaylis [27]2 years ago

6 0

Answer would be C. We'll destroy Sealy

hram777 [196]2 years ago

3 0

The answer is: B. We'll make the finest even finer.

Mission statement should had clear objective regarding what the organization wish to achieve from its operation. The sentences used should had clear purpose and can be objectively measured.

The statement on option B can be considered an anti-mission statement because it's extremely vague. It does not specify what the organization intend to make 'finer' so there is no objective way to measure it.

You might be interested in

An effective price ceiling is imposed in a market. This leads to the development of an illegal black market for the product. How

horsena [70]

Answer:

The price on the black market tends to be higher.

Explanation:

When price ceilings are placed in legal markets, buyers are able to get goods and services at lower prices. But sellers may not be willing to sell unlimited supply of goods at the low price. This could lead to artificial scarcity, and formation of black markets.

The main aim of black markets is for suppliers to maximise profits, so a supplier is able to sell his goods at an amount above the price ceiling set in the legal market.

Also black markets are characterised by practices such as tax evasion, which are beneficial to the suppliers.

6 0

3 years ago

The cross-price elasticity of demand measures the percentage change in quantity of a good demanded when the price of a different

Harrizon [31]

Answer:

hello your question is incomplete attached below is the complete question

answer :

For Negative cross-price Elasticity :

DVD players and DVD and Shampoo and conditioner

Positive cross-price Elasticity :

Beer and Wine and Soda pop and iced tea

Zero cross-price elasticity :

Coffees and shoes

Explanation:

For Negative cross-price Elasticity :

DVD players and DVD and Shampoo and conditioner ; this is because the percentage change in the price of any of the good will affect the demand for both goods negatively or positively

For positive cross-price Elasticity :

Beer and Wine and Soda pop and iced tea : The percentage change in the price of any of the good will affect the demand of the other good positively ( increase in demand of the other good )

For Zero cross-price Elasticity :

Coffees and shoes; The percentage change in the price of any of the good will not affect the other because both goods are not related

6 0

2 years ago

Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company’s recor

Delicious77 [7]

Answer:

Income statement for the year XXXX ended August 31th

Consulting fees earned 27,000

Rent expense 9,550

Salaries expense 5,600

Telephone expense 860

Miscellaneous expenses 520

Total expenses 16,530

Net income 10,470

Explanation:

To solve for net income we have to subtract revenue for expenses

the expenses will have the word expense in their name,

Is important to notice dividends are not expense as they represent the distribution of earned to the stockholders or owners of the company. It doesnt' represent an expense associate with the outgoing business activities.

5 0

2 years ago

The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 eac

grin007 [14]

Answer:

decreased by 4.5%

Explanation:

A family consumes: 10 pizzas, 7 pairs of jeans, and 20 gallons of milk.

In 2016, pizzas cost $10 each, jeans cost $40 per pair, and milk cost $3 per gallon.

The family's total cost of living in 2016 is:

$C_{2016} = 10*\$10 +7*\$40 +20*\$3\\C_{2016} = \$440$

In 2017, pizzas cost $8 each, jeans cost $40 per pair, and milk cost $3 per gallon.

The family's total cost of living in 2017 is:

$C_{2017} = 10*\$8 +7*\$40 +20*\$3\\C_{2016} = \$420$

The change, in percentage, of a typical family's cost of living is:

$R=\frac{C_{2017}-C_{2016}}{C_{2016}} \\R=\frac{420-440}{440} \\R=0.045\ or\ 4.5\%$

The cost of living decreased by 4.5%

5 0

3 years ago

One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today,

Dennis_Churaev [7]

Answer:

current price = $1191.79

Explanation:

given data

time t = 15 year

annual coupon bonds rate = = 7.5 %

par value = $1000

interest rate = 5.5%

maturity time = 14 year

to find out

current price of the bonds

solution

we get here first annual coupon rate = 7.5% of 1000

annual coupon rate C = $75

so now we get current price of bond

current price of the bonds = $\frac{C}{(1+r)} +\frac{C}{(1+r)^2} +\frac{C}{(1+r)^3} +\frac{C}{(1+r)^4} ..........\frac{C}{(1+r)^{13}} + \frac{C+par\ value}{(1+r)^{14}}$ .................1

put here value

current price = $\frac{75}{(1+r)} +\frac{75}{(1+r)^2} +\frac{75}{(1+r)^3} +\frac{75}{(1+r)^4} ..........\frac{75}{(1+r)^{13}} + \frac{75+1000}{(1+r)^{14}}$

current price = $\frac{75}{(1+r)} \frac{1-(\frac{1}{1+r})^{14} }{r} (1+r) + \frac{1000}{(1+r)^{14}}$

solve it we get

current price = $1191.79

4 0

3 years ago