The definition of supervisory management states the highest level of management, consisting of the president and other key company executives who develop strategic plans.
<h3>What is
supervisory management?</h3>
Supervisors, within the context of business management, are those who keep an eye on the strategic direction of the company.
They are not bogged down with the operations or day-to-day activities of the company. Hence, the reason why they are called supervisory management.
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Answer:
The correct answer is: increase; decrease.
Explanation:
According to the demand theory if the price of a good increases the quantity demanded decreases. If the price of the good decreases, the quantity demanded increases. We can say then that the relationship between the price and the quantity demanded is inversely proportional.
In that case, if peanut butter and jelly are usually sold together and the price of jelly increases, so will the price of the peanut butter. Thus, the quantity demanded of both the peanut butter and jelly will decrease.
Answer:
the number of years for triple the money is 15.74 years
Explanation:
The computation of the number of years for triple the money is shown below:
Here we used the NPER which is
Given that
RATE = 7% ÷ 12 = 0.58333%
Assuming
Present value be $1,000
And, future value be $1,000 × 3 = $3,000
PMT = $0
The formula is shown below:
= NPER(RATE;PMT;-PV;FV;TYPE)
The present value comes in positive
After applying the above formula
The number of years is
= 188.8833850497 ÷ 12
= 15.74 years
hence, the number of years for triple the money is 15.74 years
