1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nata0808 [166]
3 years ago
14

White Forest Financials is a small investment firm, operating in an extremely volatile environment. One of the company's two own

ers, David White, is of the opinion that it would be futile for the company to engage in formal planning as the business environment is constantly shifting. However, the co-owner, Marsha Forest, believes that planning is essential for the company's success. Whom would you support?
Business
1 answer:
allochka39001 [22]3 years ago
7 0

Answer:

Marsha forests

Explanation:                                    

Planning refers to the method of focusing on the actions necessary to accomplish a specific goal. Achieving optimal outcomes was the first and paramount task. It requires designing and managing a strategy, including psychological factors that include analytical competencies.

Planning is essential for every business as it facilitates coordination, improves employees morals and helps the manage mt to operate as per the stated guidelines. Thus, every business whether small or large or whether working in stable or validate environment should do planning.

You might be interested in
Television channel operating profits vary from as high as 45 to 55 percent at MTV and Nickelodeon down to 12 to 18 percent at NB
Xelga [282]

Answer:

Explanation:

MTV and cable channels can have higher operating profits largely because they have lower costs and can reach very specific demographic groups quite easily. MTV and Nickleodeon are typically not paying high and uncertain prices for their shows. They air mainly reruns of proven shows or relatively low-cost reality shows. This means that they have more cost certainty.

In addition, they have very clear target audiences where the networks do not. MTV is clearly aimed at teens and young adults while Nickleodeon is a kids' channel. Advertisers are attracted to channels with such clear demographics.

As far as Porter's five forces go, the most likely reason for the higher cable profits would have to do with brand equity and the lower propensity among buyers to substitute.

These would mean that cable channels have a lower threat of new competition and a lower threat of substitute products. It is true that it is easy for a new cable channel to be created, but it is much harder for such a channel to get the name recognition and brand equity that MTV and Nickleodeon have.

4 0
3 years ago
1. Should you have a separate checking and saving account?
iris [78.8K]

Back when interest rates were high, I had just one account. I had a money-market checking account that offered good interest rates and unlimited check writing. But those days are long gone.

I want as high an interest rate as I can get for my savings. In order to get those rates, I am using a money-market savings account. All such accounts I’ve seen restrict the number of transactions I can make in a month. I need to be able to pay bills, no matter how many of them there are — and I never ever want to pay fees for excess transactions!

So I have a separate checking account. It pays less than half the interest rate of my savings account, but I can make as many transactions as I want. The bank offers a bill pay application that I use for most payments, and I can write as many checks as I want to. I can transfer money between the accounts quickly.

5 0
2 years ago
1,Darla completed a two-year degree to become a registered nurse, but she still must work under the supervision of another nurse
Reil [10]

energy and power technology

7 0
3 years ago
A classmate excitedly tells you of what he believes to be a good deal. He goes on and on about signing up for a free 30-day tria
Nikitich [7]

Answer:

reciprocity principle

Explanation:

A reciprocity principle is a form of socio-psychological principle in which individuals generally tend to pay back in good, and in any form of capacity for whatever favor they receive.

Hence, in this case, the music company is hoping the the "reciprocity principle" will work on consumers that subscribe to free music as they might wish to give back to the company based on consumers feeling indebted to them for all the free music that was streamed

8 0
2 years ago
Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given prod
REY [17]

Profit is maximized when Q = 4 and P = $40, with maximum profit = $90.

<u>Explanation:</u>

(a)  (i) Marginal cost (MC) = Change in Total cost (TC) by Change in output (Q)

(ii) Total revenue (TR) = Price (P) into Q

(iii) Marginal revenue (MR) = Change in TR by Change in Q

(iv) Profit = TR - TC

Therefore:

Q  TC  MC  P  TR  MR  PROFIT

0  25   60  0   -25

1  40  15  55  55  55  15

2  45  5  50  100  45  55

3  55  10  45  135  35  80

4  70  15  40  160  25  90

5  90  20  35  175  15  85

6  115  25  30  180  5  65

7  145  30  25  175  -5  30

8  180  35  20  160  -15  -20

9  220 40  15  135  -25  -85

10  265 45  10  100  -35  -165

When Q = 4, MR = $25 and MC = $15, so MR > MC. When Q = 5, MR = $15 and MC = $20, so MR < MC. Therefore,  

Profit is maximized when Q = 4 and P = $40, with maximum profit = $90.

(b)  In the long run, new firms will enter the market by being attracted by positive short run profit. Therefore in long run, demand for individual firm will decrease, price for individual firm will decrease and profit will decrease until each existing firm earns zero economic profit.

4 0
2 years ago
Other questions:
  • Garvin's ________ definition of quality states that if the customer is satisfied, the product has good quality.
    9·1 answer
  • Managers might want to offer _____ to employees who want to talk to someone about their problems.
    8·2 answers
  • The decision rule in a sell-or-process-further decision is:
    5·1 answer
  • Sometimes when an organization first starts horizontal coordination efforts to promote innovation, is needed to help employees c
    5·1 answer
  • Which is NOT an example of a cyclical company?
    7·2 answers
  • Teall Development Company hired you as a consultant to help them estimate its cost of capital. You have been provided with the f
    5·1 answer
  • On the first day of class at a new university you made judgments about the quality of the class before the professor had entered
    6·1 answer
  • To write a check or make A with drawl when there isn’t enough money in account to pay for?
    5·1 answer
  • In an attempt to restore equity in the workplace, managers should make sure decision-making processes are fair. For example, emp
    10·1 answer
  • You start a new business selling a product thats the best of its kind on the market. In addition to this product, what must you
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!