Answer:
TRUE ⁱ ᵍᵘᵉˢˢ
Explanation:
They include specific, day-to-day operational tasks needed to run a business and that help drive scalability and business growth. Key organizational goals can also include employee and management performance, productivity, profitability, innovation, market share and social responsibility goals.
Entrepreneurs are people who design, launch and run new businesses that are initially small with an aim of making profit. When entrepreneurs are bringing a new business or a new production method to the market they are innovating. Innovation is the process of implementing new idea or method of production in a business to create or increase value of a organization.
Answer:
interest rates rise and truck prices rise.
Explanation:
When making a purchase businesses want to go for the best deal they can get at the lowest price.
In making the purchase of the truck if interest rate rises it means that the cost of borrowing money has increased. The business will incur higher cost to obtain funds to buy the truck so this will discourage them from buying.
Also when the price of the truck rises above previous expectation, the business is less likely to buy the truck because the increased cost will negatively affect the business bottom line.
Fayol's function of management which means pulling organizational elements toward common goal objection is COORDINATING.
Fayol proposed that all managers perform the same basic functions, which are five in number, they are: planning, organizing, commanding, coordinating and controlling.
Answer:
The amount after 40 years = $3,058,897.36
Explanation:
As per the data given in the question,
For next year, Sum deposit = $55,000×(1+3%)×9%
= $5,098.5
Accumulated amount = First year payment÷(rate of return - growth rate) × ((1+rate of return)∧no. of years - (1+ growth rate)∧no. of years
= $5098.5 ÷ (10% - 3%) ×((1+10%)^40 - (1 + 3%)^40)
= $3,058,897.36
Hence, The amount after 40 years = $3,058,897.36
