Answer:
Calculating the bill total for the week:
The Sum Function in excel is a very easy mathematical operation to sum the daily bill amounts. In the cell for the sum, you can manually enter the sum function by typing (=sum), then you define the parameters (=sum(C50:I50). One you press the "enter" the result is automatically displayed. This can also be automatically done by pressing the Sum Function on the Ribbon or Alt + =.
Explanation:
In Microsoft Excel, the Sum Function is a mathematical operation or syntax that provides the formula for adding, subtracting, or getting the total numerical content of indicated cells. With the Sum Function of Excel you can add, subtract, multiply, and divide, for example A1 * A4, C20/A2, A4 - A5, and so on.
Answer:
The correct answer is letter "B": choosing among different strategies and altering them to best fit the organization's needs.
Explanation:
Strategy formulation implies setting different plans of how to accomplish corporate goals including all the resources necessary to reach the firm's achievements and selecting one of them as the most suitable for the organization by which profits can be maximized. The strategy formulation process involves:
- <em>Establishing goals
</em>
- <em>Evaluating the company's environment
</em>
- <em>Setting measurable targets
</em>
- <em>Aligning unit and corporate plans
</em>
- <em>Performance analysis
</em>
- <em>Selecting the best strategy</em>
<h2>All the given choices are right.</h2>
Explanation:
Option A: The organizational structure plays a major role creating success stories of the organization as well to run process in a smoother way.
Option B: SWOT analysis or matrix is a must that everyone has to do to identify Strength, weakness, opportunities and threats. This is one of the best self-analysis tools.
Option C: There should be short term goal and long term goal to carry forward in the right path which can also be termed as "annual objectives". Developing vision equally contributes to the activities in strategy implementation.
Option D: Valid pointer
Option E: Motivating employees is the best tool to bring success to the organization.
Answer: working as a team sets up organizations for outstanding success and Improvement of team members
Explanation:
Working as a team has been a great help for most organizations. It's been realized that success experienced by many firms has been a result of what the teams accomplished when they worked together on a project, here are some reasons why they become prevalent;
1) Unity is being fostered within their activities, everyone is able to understand each other and know how to cooperate with the other
2) Productivity and efficiency is usually on the high as teams that work together put in a lot of energy to be productive in many efficient ways
3) There is an opportunity to learn from the group, thereby improving the skills of everyone on the group
They provide a competitive advantage when they work together, with everyone's effort, progress, success and achievement's are bound to occur.
Answer:
a. Due to increases in hay prices, an input for raising cattle, the price of a gallon of 2% milk increases from $2.98 to $3.25. QUANTITY DEMANDED DECREASES, as the price of a good or service increases, the quantity demanded decreases.
b. Groupon has a Groupon for $6 off the price of laser tag. QUANTITY DEMANDED INCREASES, as the price of a good or service decreases, the quantity demanded increases.
c. Sharp increase in the price of wood causes increases in prices for dressers and desks. QUANTITY DEMANDED DECREASES, if the price of a key input increases, the production costs will increase, resulting in a higher selling price ⇒ lower quantity demanded.
d. Week long special at the grocery store, where pork shoulder is on sale at $1.99 a pound, down from $3.99 a pound. QUANTITY DEMANDED INCREASES, as the price of a good or service decreases, the quantity demanded increases.
e. Buy one get one free special for MP3 albums on Amazon. QUANTITY DEMANDED INCREASES, the buy one get one free promotion lowers the price of a good or service, resulting in higher quantity demanded.
