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3 years ago

Short-term goals can be set to help achieve specific long-term goals. a. True b. False

2 answers:

7 0

A, True
You need a short term goal to help you achieve your long term ones.
How are you going to get to A to Z if you can't get pass B?

musickatia [10]3 years ago

3 0

Option A is correct. Short term goals can be set to help achieve specific long term goals. This statement is true.

Further Explanation:

Short term goals refer to the goals which the company has to achieve for a short period, maybe for six months or less than it. The company set its short term goals in accordance with the long term goals. Long term goals refer to the goals which the company has to achieve in the long term may be for one year or more than one year. For example, the company's long term goal for sales is $500,000 for one year. The company set its short term goal with respect to long term goals. So, after one year, the company has achieved its targets of $500,000.

Justification for the correct and incorrect answer:

True: This option is correct.

Short term goals can be used for achieving specific long term goals. Short term goals have the path towards the long term. This statement is true.

False: This option is incorrect.

This statement is not true. As explained in the above paragraph; the company set their short term goals in that manner so that their long term goals are automatically achieved.

Learn more:

1. Learn more about short term goals

brainly.com/question/2451748

2. Learn more about budgeting

brainly.com/question/1890422

3. Learn more about budget goal

brainly.com/question/1226004

Answer details:

Grade: Middle School

Subject: Accounting

Chapter: Budgeting

Keywords: short goals, specific achieved, long term goals, more than one year, more than six months, can be set, company.

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The advantage of having many potential suppliers is their willingness to A. provide technical expertise. B. participate in JIT.

Stolb23 [73]

Answer:

Explanation:

the more the suppliers the more the competition would be among suppliers to gain customers. As a result, they would offer lower prices in the short run to customers to gain them.

In the long run, suppliers would leave the oversaturated industry and equilibrium would be restored.

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3 years ago

Domestic producers experience limited import competition when a VER is in place. As a result, these producers make extra profit

GuDViN [60]

Answer:

Quota rent

Explanation:

When voluntary export restraints (VER) are set up and / or import quotas are enforced, the extra profit that domestic producers make because the supply is artificially limited is called quota rent. Quota rents are a type of economic inefficiency since they produce more losses than benefits. Society as a whole generally losses while a group of favored companies make huge profits.

For example, sugar imports are limited in the US, so domestic sugar producers are able to sell sugar at much higher prices than regular international prices. That artificial extra profit earned by sugar companies in the US can be classified as quota rent.

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3 years ago

When using horizontal differentiation, a firm divides itself into subunits based on function, type of business, or Multiple Choi

Alex777 [14]

Answer:

Geographical area

Explanation:

Product differentiation which is based upon different functionality is referred to as Horizontal differentiation.

Product differentiation refers to a mechanism whereby a manufacturer makes his product unique and slightly different from similar products offered in the market by competitors. Such an attribute helps a customer in product identification.

Product differentiation can be achieved by different packaging, changing product appearance, product quality or added functionality.

Horizontal differentiation takes place when products which belong at the same level differ slightly based upon different functions or uses they offer.

While a firm uses horizontal differentiation for it's products, it divides itself into subunits based upon functions , type of business and geographical area. It means each subunit focuses on it's own functions i.e the kind of differentiated products the sub unit shall produce, serving the requirements of a specific geographical area.

3 0

3 years ago

Opportunity cost refers to:

wel

The definition of opportunity cost is Highest-valued option forgone

Change in opportunity cost :
When there is a change in the highest-valued option forgone, the opportunity cost will then be changed.

Hope I can help you :)
Brainliest answer?

5 0

4 years ago

If korean exports to the united states decline by $15 billion, by how much will cumulative korean spending drop if their mpc is

Andrew [12]

Given:
Change in exports: 15 billion
MPC = 0.75

MPC = Change in Consumption / Change in Disposable income

MPS stands for Marginal Propensity to Consume while MPS stands for Marginal Propensity to Save.

MPC + MPS = 1
MPC = 1 - MPS
MPS = 1 - MPC

Spending Multiplier = 1/MPS

Since MPC = 0.75 then MPS = 0.25

Spending Multiplier = 1/0.25 = 4

Change in Export * Spending Multiplier

15 billion * 4 = 60 billion

The cumulative Korean spending will drop by 60 billion.

8 0

3 years ago