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Katyanochek1 [597]
3 years ago
11

_____ planning is short-range, detailed planning that is based on long-range planning. It typically has a time frame that is les

s than one year long. Tactical Strategic Hands-on Procedural
Business
1 answer:
PolarNik [594]3 years ago
7 0

Answer: Tactical planning

Explanation:

In tactical planning, a company's strategic plan is planned and ways are generated to achive the objectives of a company by using short-term actions.

Tactical plans are required to help teams to accomplish their goals by utilizing the steps that are clearly defined through short term outcomes and it is usually less than a year.

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Consider a competitive market with a large number of identical firms. The firms in this market do not use any resources that are
lakkis [162]

Answer:

a. increase price in the short run but not in the long run.

Explanation:

A perfectly competitive market is one in which firms in an economy produce similar goods, and use resources that are limited in quantity.

An increase in demand will result in a corresponding increase in price, and results in firms making high profits. In the diagram below it results in a shift of demand from D1 to D2.

In the long run as firms have low barrier to entry more firms enter the market and supply shifts from S1 to S2. There is reduction in prices and profits start to fall. This is illustrated in the second diagram.

8 0
3 years ago
Which of the following goods is nonrival?
arsen [322]
A tuna in the ocean
6 0
3 years ago
Aborkian Co. is forecasting sales of 75,000 units of product for November. To make one unit of finished product, seven pounds of
melamori03 [73]

Questions

Aborkian Co. is forecasting sales of 75,000 units of product for November. To make one unit of finished product, seven pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

November 1 November 30

(Actual) (Desired)

Raw materials (pounds) 91,400 86,400

Finished goods 8,500 9,600

(a.) Calculate the number of units of product to be produced during November.

(b.) Calculate the number of pounds of raw materials to be purchased during November

Answer:

Number of units to be produced= 76,100  units

Raw materials to be purchased=   527,700 pounds

Explanation:

<em>Units to be produced</em>

<em>Number of units to be produced = sales budget + closing inventory - opening inventory</em>

= 75,000 + 9,600  - 8,500 =  76,100 units

Number of units to be produced= 76,100  units

<em>Raw materials purchase budget</em>

Raw materials to be purchased = Raw materials to be used + closing inventory of raw materials - opening inventory of raw materials

Raw material usage = production units × standard pounds per unit

                               = 76,100× 7 =532700  pounds

Raw materials to be purchased = 532,700  +86,400 - 91,400=527700

Raw materials to be purchased=   527,700 pounds

4 0
3 years ago
Lenny's Landing has a net Section 1231 gain in the current year of $12,000. In the previous five years, there are $3,000 in unre
Ratling [72]

Answer:

As the $3,000 is unrecaptured losses, it will be carried forward to this year and would be set off against the current year's capital gains.

Explanation:

The previous year unrecaptured loss of $3000 will carried forward and would be set off against the capital gains of $12,000. The gain for the year can be calculated as under:

Capital Gain for the year = Gain Before unrecaptured losses   -  Carried Forward Losses

By putting values, we have:

Capital Gain for the year = $12,000  -  $3,000 = $9,000

The resultant $9,000 would be the capital gain for the year.

7 0
3 years ago
Which of the following statements is TRUE?
natita [175]

Answer:

B. Mutual funds are actively managed while index funds are

passively managed.

Explanation:

Both mutual funds and Index funds are both portfolio investment Instruments. They comprise of a basket of stocks as opposed to single equity.

A professional manager manages a mutual fund. The manager uses different analytical tools to select the stocks to be included in the portfolio carefully.  Index funds track the prices of the underlying Index.  Index funds can be mutual funds or exchange-traded fund ETF such as the S&P 500. Index funds are passively managed.

Mutual funds will attract a higher commission than index funds to cater for the funds' manager's fee.

5 0
3 years ago
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