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kipiarov [429]
3 years ago
14

Today's business environment changes so rapidly that strategic planning is becoming more difficult and subject to change.

Business
1 answer:
xeze [42]3 years ago
6 0

Answer: True

Explanation:

Yes, the given statement is true that the today business field are changing  more rapidly as compared to the strategy planning as the implementation of this type of stage is more difficult in an organization.

As it involves various types of implementing the critical choices for producing the various types of products and the services in an organization.

By properly implementing the specific steps in the strategic planning we can also improve the productivity of the company and also build the revenues.    

   

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How much would you have to deposit today if you wanted to have $54,000 in five years? Annual interest rate is 8%. (PV of $1. FV
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Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) How much would you have to deposit today if you wanted to have $54,000 in five years? The annual interest rate is 8%.

We need to use the following formula:

PV= FV/(1+i)^n

PV= 54,000/(1.08^5)= $36,751.49

B) Assume that you are saving up for a trip around the world when you graduate in two years. If you can earn 7% on your investments, how much would you have to deposit today to have $14,500 when you graduate?

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FV= 643*1.08^11= $1,499.24

D) Would you rather have $643 now or $1,000 eleven years from now?

It depends on the interest rate. We will assume 8%.

PV= 1000/1.08^11= 428.88

It is better to have $643 today.

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