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Savatey [412]
3 years ago
7

The importance of management is based upon what

Business
1 answer:
scoray [572]3 years ago
7 0
<span>The importance of management is based upon the </span>economical and effective strategic planning & regulation of operations of an enterprise to  fulfill the  given purposes.

To learn more of the importance of management, see attached file.
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What do you think you'd like best about working as a hospitality manager?
Alchen [17]

Answer:

The hospitality industry allows you to develop yourself – professionally and as a person. Not only do you improve on the professional skills you already possess, but with time and commitment you learn others due to the variety of colleagues, clients and situations that will put you to the test.

Explanation:

3 0
2 years ago
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An increase in the supply of grain will reduce the total revenue grain producers receive if.
Bogdan [553]

If the<u> demand curve is inelastic</u>, a rise in the supply of grain will result in a decrease in the overall income received by grain producers.

The ability of firms to enter and exit a market over time means that, in the long run, the supply curve is more elastic.

Two basic economic concepts are combined in the law of supply and demand to explain how shifts in the price of a resource, good, or service affect its supply and demand. As the price rises, supply increases while demand decreases. On the other hand, as the price falls, demand increases and supply becomes more limited.

The degree to which changes in price translate into changes in demand and supply is known as the product's price elasticity.

Basic consumer demand is comparatively inelastic, or less responsive to price changes.

Discover the long-term impact of population growth on supply and demand: brainly.com/question/13353440


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7 0
1 year ago
Whats a good way to start a business
aniked [119]

Answer:

first find a business idea and make a plan (logo, name, what item ur selling..etc.)

8 0
3 years ago
A firm has a capital structure with $7 in equity and $1 of debt. The cost of equity capital is 0.16 and the pretax cost of debt
nlexa [21]

Answer:

0.147 or 14.7%

Explanation:

Equity (E) =$7

Debt (D) = $1

Cost of equity capital (Ce) = 0.16

Pretax cost of debt (Cd) = 0.08

Tax rate (r) = 0.3

The weighted average cost of capital of the firm is given by the following relationship:

WACC=\frac{E}{E+D}*C_e +\frac{D}{E+D}*C_d*(1-r)\\WACC = \frac{7}{7+1}*0.16 +\frac{1}{7+1}*0.08*(1-0.3)\\WACC= 0.14+0.007\\WACC =0.147 = 14.7\%

The weighted average cost of capital of the firm is 0.147 or 14.7%.

5 0
3 years ago
Stewart Parnell, the former CEO of the now-bankrupt Peanut Corporation of America, was charged with falsifying food safety repor
slega [8]

This is a case of Food safety fraud by Penanut corporation of America and the culprits where sentenced to prison in Albany,Georgia

Explanation:

  • In the above mentioned case the managers (c)who shipped the product knowing that it was contaminated where also punished .
  • The managers where punished for their role in shipping the salmonella -positive peanut product,for falsifying the microbiological results.
  • The evidence of the trial reflected that tainted food shipping  led to a salmonella outbreak in 2009 with more than 700 reported cases of salmonella poisoning in 46 states.

4 0
3 years ago
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