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seraphim [82]
3 years ago
8

Cameron started his own photography business. He wants to write a good mission statement that explains his company's reason for

existence. What is one guideline he should follow in writing his mission statement
Business
1 answer:
Alexandra [31]3 years ago
8 0

Answer:

The correct answer is: It should be clear and concise.

Explanation:

The mission of a company defines and informs mainly what the company does, what it does, activity in the market, how it carries it out, what its value proposition is; It can also be completed by referring to the public to which it is directed and with the uniqueness, particularity or differential factor, through which it develops its work or activity.

A mission of a correctly formulated company must always have the following characteristics:

  • Clear and simple
  • You must indicate what the company is dedicated to.
  • Difference to the company from its competitors.
  • It has to be easy to remember for employees and customers.
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inn [45]

Answer:

The hospitality industry helps to bring about unemployment reduction, income increase and higher living standards, and economic stability.

Hope this helps :)

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3 years ago
true or false: the profit margin is the financial gain from a sale after the costs of providing the sold product have been deduc
kotykmax [81]

The profit margin is the financial gain from a sale after the costs of providing the sold product have been deducted. Thus, the statement is true.

<h3>What is the profit margin?</h3>

Profit margin is the portion of sales that a company keeps after all costs are subtracted. It essentially displays the percentage of each dollar of sales that is kept as profit. A 15% profit margin, for instance, means that a company keeps $0.15 from every dollar of sales produced.

Comparing the firm's operations to those of a best-in-class company, maybe in a different industry, is another way to increase your profit margin. This comparison could point out several operational tweaks that could be done to raise profit margins.

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6 0
1 year ago
QS 9-8 (Algo) Recording employer payroll taxes LO P3 Merger Co. has 10 employees, each of whom earns $1,700 per month and has be
oksian1 [2.3K]

Answer:

Dr Payroll Tax Expense: $2,321

Cr FICA- Social security taxes payable $1,054

Cr FICA- Medicare taxes payable $247

Cr SUTA-State unemployment taxes payable $918

Cr FUTA- Federal unemployment taxes payable $102

Explanation:

Preparation of the March 31 journal entry to record the March payroll taxes expense

March 31

Dr Payroll Tax Expense: $2,321

($1,054+$247+$918+$102)

Cr FICA- Social security taxes payable $1,054

[($1,700*10)*6.2%]

Cr FICA- Medicare taxes payable $247

[($1,700*10)*1.45%]

Cr SUTA-State unemployment taxes payable $918

[($1,700*10)*5.4%]

Cr FUTA- Federal unemployment taxes payable $102

[($1,700*10)*0.6%]

(To record payroll taxes expense)

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3 years ago
What is pure competition?
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It is the third one
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Explanation:

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3 years ago
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