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atroni [7]
3 years ago
8

An organization's _____ describes what the organization actually does—the products and services it plans to provide, and the mar

kets in which it will compete.
Business
1 answer:
djyliett [7]3 years ago
7 0
<span>mission
   This can be looked at as a statement of purpose, and it is planned to clear up the 'what' and 'who' of an organization, while a dream articulation includes the 'why' and 'how' also. As an organization develops, its destinations and objectives may change.</span>
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Business forms that have unlimited personal liability include
Leni [432]

Answer:

sole proprietorship and partnership

Explanation:

They both have unlimited personal liability

4 0
3 years ago
Which of the following is a responsibility for group members:
Mandarinka [93]
It would be D!

when you’re working in a group, you’d want everyone to participate, put commitment into the work, and do their parts as individuals in the group.
6 0
3 years ago
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What is the maximum loan amount a bank will provide a borrower under the following circumstances: LTV: 70% Appraised Value: $320
valkas [14]

Answer:

$231,000

Explanation:

The maximum loan amount that the borrower would get from a bank is the 70% of the contract price which is computed thus:

The understanding here is that the bank would provide 70% counterparty funds which is equivalent to 70% of $330,000 i.e $231,000(70%*$330,000).

In other words,the borrower should be willing to provide 30% of $330,000 while the bank complements the borrower's efforts withe balance of 70%

5 0
3 years ago
When McDonald's started customizing its product offerings to suit differing regional tastes, such as offering vegetarian product
bezimeni [28]

Answer:

The correct answer is (A) Localization strategy

Explanation:

It is one of the most important strategic decisions that companies make. Localization can also influence other costs such as taxes, wages, raw materials and income. Companies make location decisions infrequently, usually because demand has exceeded the current capacity of the plant or due to changes in labor productivity, exchange rate, costs or local attitudes. Companies also relocate their manufacturing facilities or services due to demographic changes or consumer demand. Location alternatives include (1) expanding an existing installation instead of moving it; (2) maintain the current sites while opening facilities somewhere else, or (3) close existing facilities and move to a new location.

The location decision often depends on the type of business. For industrial location decisions, the usual strategy is to minimize costs, although innovation and creativity can also be critical. For retail organizations or professional services, the strategy focuses on maximizing revenue. However, the warehouse location strategy can be guided by a combination of costs and speed of delivery. The objective of the location strategy is to maximize the benefit of the location for the company.

3 0
3 years ago
David bought stock for $4,000 and one year later he sold it for $1,000. The sale resulted in a:
AURORKA [14]

Answer:

Capital Loss

Explanation:

A capital loss occurs when an investment asset decrease in value between the time of purchase and the time for selling. The loss is realized only when the asset is sold.  Examples of investment assets that can lose value include stocks, mutual funds, index funds, real estate, and bonds.

A capital gain or loss is the purchase price minus selling price of an investment asset. Capital gain is when the result is positive, implying that the asset has appreciated in value.  A capital gain always attracts tax.  David experienced a capital loss of  $3000 as the selling price was lower than the buying price ($ 4000-$1000).

7 0
3 years ago
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