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Virty [35]
3 years ago
11

What is the best definition of profit?

Business
1 answer:
Artist 52 [7]3 years ago
4 0
<span>Profit can be best defined as gain, especially when achieved by increasing the price of goods so the money paid by consumers outweighs the cost for the producer, leaving a sizeable return on what has been paid out. Once expenses and costs have been covered, profit is the money left over.</span>
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A well-conceived and communicated strategic vision ordinarily does not result in?
guajiro [1.7K]

Typically, stakeholders do not complain that the company is directionless after hearing a well-developed and expressed strategic vision.

<h3>What Is Vision, Exactly? And why is it so crucial for a leader to convey their vision?</h3>

The organization's desired achievement or future state is described by its vision. To motivate, define, and focus the effort, a vision must be communicated in order to fulfill its purpose.

One of your responsibilities as a leader is to inspire dedication to your organization's goal, as stated in our handbook Communicating Your Vision. You must convey the vision in a way that matters to people in order to accomplish this. You want the organization's members to embrace the vision and spread it to others.

The organization's vision needs to be communicated by the leaders in several different methods.

To know more about "Vision", visit: brainly.com/question/28327881

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7 0
1 year ago
The following exchange demonstrates which problem-solving technique the issues we are having with the design is similar to the i
levacccp [35]

Answer: Question Assumptions

Explanation:

3 0
3 years ago
When depreciation is computed for partial periods under a decreasing charge depreciation method, it is necessary to?
tatuchka [14]
Decide depreciation expense for the entire year and afterward customize the cost between the two-time frames included. Depreciation is the procedure by which an organization apportions an advantage's cost over the term of its valuable life. Each time an organization readies its money related explanations, it records a devaluation cost to allot a bit of the cost of the structures, machines or gear it has obtained to the current monetary year.
4 0
3 years ago
Faith Cassen has recently been hired as the manager of Gibraltar Coffee Shop. Gibraltar Coffee Shop is a national chain of franc
IrinaK [193]

Answer:

a.       I Disagree with Faith's method of handling this situation because she has not followed the internal control principle of safeguarding of assets. Stealing is a serious issue. An employee who can justify taking a box of tea bags can probably justify “borrowing” cash from the cash register.

b.      I Agree with Faith's method of handling this situation because Faith has followed the internal control principle of assignment of responsibility by making one employee responsible for the cash drawer and followed the internal control principle of segregation of duties (preparing the orders) from the accounting (taking orders and payments).

c.       I disagree with Faith's method of handling this situation because Faith has not followed the internal control principle of segregation of duties. It is true that faith has made one employee responsible however after cash counting another employee or Faith himself remove the cash register tape and compare the balance with cash drawer for effective internal control. Also, Faith’s standard of no mistakes may encourage the cashiers to overcharge a few customers in order to cover any possible shortages in the cash drawer.

6 0
3 years ago
A business action that has been widely adopted within an industry or occupation is known as _____.
strojnjashka [21]
<h2>A business action that has been widely adopted within an industry or occupation is known as Standard Business practice</h2>

Explanation:

Standard business practice tells you how to operate and manage your business.

The operation includes:

Goals, objectives: Mentioning about the goal and objective of the organization and creating process to achieve those.

Sales: Sales are the most important aspect which brings revenue to any kind of industry starting from education industry to MNC industry. Sales can bring business and one of the crucial department for success of the organization.

Back office work: Which needs to work at the background to monitor, to track, develop the operations or process

7 0
3 years ago
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