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sergiy2304 [10]
3 years ago
15

King and Cleland recommend that organizations carefully develop a written mission statement in order to reap which​ benefit? A.

To make sure all​ employees/managers understand the​ firm's history B. To provide a basis for prioritization of key external factors utilized to formulate contingency plans C. To assure excellent financial management of resources D. To provide a basis for organizing​ work, departments,​ activities, and segments around industry standards E. To provide a basis for the allocation of resources
Business
1 answer:
Artist 52 [7]3 years ago
6 0

Answer:

All the options are relevant

Explanation:

A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being.

A mission statement defines what line of business a company is in, and why it exists or what purpose it serves. Every company should have a precise statement of purpose that gets people excited about what the company does and motivates them to become part of the organization. A mission statement should also define the company’s corporate strategy and is generally a couple of sentences in length.

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Sam, who is 55 years old and has been a steel worker for 30 years, is unemployed because the steel plant in his town closed and
Aleksandr-060686 [28]
Short term memory lost
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3 years ago
Bob writes a check to cash for $1000 to pay a bill from Acme. He then finds out that Acme breached the contract so he decides he
Blizzard [7]

Answer:

Holder in due course

Explanation:

A holder in due course arise when someone accepted the negotiable instrument for exchange in the value without any kind of reason. In this, there is a right for claim the value of an instrument that oppose to the orginator and the intermediate holders

So as per the given situation, Lary is holder in due case as he is holding the check in the good faith also he is not aware of the last theft

6 0
3 years ago
Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnershi
tensa zangetsu [6.8K]

Answer:

=$59,000.00

Explanation:

Original investments:

Xavier: $50,000.00

Yolanda $ 100,000.00

Allowances:

Xavier: $ 34,000.00

Yolanda : $ 26,000.00

Income at $120,000.00

Xavier allocation will be:

Calculating interest on the original investment

Xavier =20/100x $50,000.00 =$10,000.00

Yolanda=20/100 x$100,000.00 = $20,000.00

Total interest on original investments = $30,000.00

Total allowances = $34,000+$26000=$60,000.00

Shareable income= $120,000.00- ($30,000+$60,000)

      = $30,000

                  each gets $15,000.00

Xavier will get $ 15,000 + $ 10,000 +$ 34,000

=$59,000.00

5 0
3 years ago
1. Understanding opportunity costYou work as an assistant coach on the university basketball team and earn $15 per hour. One day
Gwar [14]

Answer:

The correct answer is letter "D": $24.

Explanation:

Opportunity cost can be defined as the cost of the best next available option after taking another decision in regards to a situation. It is also the return that the chosen option provides compared to the return that could have provided the option that was forgone.

In this case, choosing to go to the local carnival will represent losing one hour of working as a coach assistant ($15). Besides, as there is a $9 admission fee to the carnival, you will need to spend that money. Thus, the total opportunity cost of going to the carnival instead of working is $24 (<em>$15+$9=$24</em>).

6 0
3 years ago
6. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transa
jekas [21]

Answer:

a.

  • The quality of goods available to consumers
  • The costs of air and water pollution
  • The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government

b. investment; decreases; no overall change

Explanation:

a. GDP only measures goods that have monetary value so when a good cannot be properly quantified in terms of cash, it is difficult to account for it in GDP. Also, even if the good has monetary value for the Government was unaware of it, they will be unable to use it in the calculation of GDP.

For these reasons, the quality of goods available to consumers, the costs of air and water pollution and the value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government will not be a part of GDP calculation.

b.<em> When a U.S. company purchases and imports wood from Brazil to use to build new houses within the United States, this purchase increases the </em><em><u>investment</u></em><em> component of GDP while also </em><em><u>decreasing</u></em><em> net exports by the same amount. Therefore, the purchase of wood from Brazil causes </em><em><u>no overall change </u></em><em>in US GDP. </em>

Purchasing raw materials for use in production is considered Investment by GDP. However, since it was imported it will reduce Net Exports which means that the transaction would cancel itself out in the GDP calculation as it would both increase investment and decrease Net exports by the same amounts.

8 0
3 years ago
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