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saul85 [17]
3 years ago
12

Frank is interested in rewriting the vision statement for his antique shops, and he wants his employees and his business to grow

. Therefore, the vision for Frank's stores should be positive and inspiring, and it should stretch the company and his employees to achieve objectives that they believe are not possible.a. Trueb. False
Business
1 answer:
vivado [14]3 years ago
8 0

<u>Answer:</u> Option A True

<u>Explanation:</u>

As an entrepreneur Frank has made the right decision of rewriting the vision statement for his antique shop.  A business can succeed only when it has a strong vision statement. When there is a proper vision statement the entire business works for that purpose.

The vision statement made should be linked with the goals of employees. This will create a positive and inspiring place for the employees to work. Even the small antique shop can expand its business activities and attain growth through proper vision statement.

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Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price,
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Answer:

A sales.

Explanation:

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.

In this scenario, Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price, payable in installments. Under the UCC, this transaction is a sales.

4 0
2 years ago
Rice Corp. recognizes revenue over time to account for long-term contracts and has the following information for the first year
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Answer:

D.) $75,000

Explanation:

Amount of revenue recognized = Cost incurred to date / Estimated total cost * Contract price

Cost incurred to date=60,000

Estimated total cost=400,000

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Amount of revenue recognized= 60,000/400,000 * 500,000

=0-15 * 500,000

=$75,000

Amount of revenue recognized in year 1 is $75,000

8 0
3 years ago
Which of the following is an advantage of multiple-choice achievement tests over holistic performance-based assessments? Group o
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Answer:C. Multiple- choice achievement test are criterion -referenced

Explanation:

They can be used to measure different qualitative and quantitative resources of the sample been observed.

3 0
3 years ago
1. The Whitehall study found the following link between stress, our position on the social hierarchy, and how we put on weight:
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The answer for this is A
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3 years ago
A process currently services an average of 43 customers per day. Observations in recent weeks show that its utilization is about
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Answer:

The correct answer is 31 customers per day.

Explanation:

Consider the current capacity requirement as = x

Management wants to have a capacity cushion = 8%.

So the utilization is required = 100% - 8% = 92%

A process of currently services an average of 43 customers per day and utilization is 90%.

Expected Demand=70%= 70 ÷ 100 = 0.70

Current utilization = 90% = 0.90

Let Capacity requirement = X

Capacity requirement ÷ required utilization  = Expected Demand rate × current service rate ÷ current utilization rate

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X = 0.70 × 43 ÷ 0.90 × 0.92

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Needed capacity requirement is 31 customer per day.

6 0
3 years ago
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