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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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_______ is a third-party certification seal program that verifies that a business protects confidential information with SSL enc
FrozenT [24]

An SSL Certificate is a third-party certification seal program that verifies that a business protects confidential information with SSL encryption. SSL stands for secure sockets layer and this helps identifiy the third party by keeping sensitive information protected.

6 0
3 years ago
Name two advantages offered by a credit union.
marin [14]

Answer:

Credit unions offer some of the best rates on credit products such as car loans, mortgages and credit cards. They provide fee-free checking accounts and savings accounts, too, without requiring a substantial minimum balance. That can be a huge relief when your funds dip into the single digits.

7 0
3 years ago
Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from S1 to S2. The price th
LenaWriter [7]

Answer:

a. $1.25

Explanation:

From the image, we can determine the seller's position.

As the supply curve moves from S_{1} to S_{2}, the sale will become fewer. As the government imposes a $2.25 tax on suppliers, the seller will receive less money despite getting more money for each sale from the customer.

Before imposing the tax, the seller received $2.50 for each sale. After imposing the ban, the supply curve shifts to the left, and the seller receive $3.50 before paying the tax. After paying the tax, the seller receives ($3.50 - 2.25) = $1.25.

6 0
3 years ago
Tropical Resort, Inc.'s bonds currently sell for $1,350 and have a par value of $1,000. They pay an 11% coupon rate with interes
IRINA_888 [86]

Answer:

Their yield to call is 8.672%

Explanation:

The rate of return bondholders receives on a callable bond until the call date is called Yield to call.

Use following formula to calculate the yield to call

Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Where

C = Coupon Payment = $1,000 x 11% x 6/12 = $55

F = Face value = $1,000

P = Call price = $1,125

n -= number of periods to call = 7 years x 2 = 14 periods

Yield to Call = [ $55 + ( $1,000 - $1,125 ) / 14 ] / [ ( $1,000 + $1,125 ) / 2 ]

Yield to Call = 46.07 / $1,062

Yield to Call = 0.04336

Yield to Call = 4.336% semiannually

Yield to Call = 4.336% x 2

Yield to Call = 8.672% annually

4 0
3 years ago
Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analys
NeTakaya

Answer:

The correct answer is letter "B": Utilitarianism.

Explanation:

Utilitarianism is a philosophical doctrine that emphasizes the maximization of the use of goods for the greatest number of people available in a society. The most relevant characters proposing this idea were British philosophers Jeremy Bentham (1748-1832) in "<em>Introduction to the Principles of Morals and Legislation</em>" (1789) and John Stuart Mill (1806-1873) in "<em>Utilitarianism</em>" (1863).

Then, <em>utilitarianism could be implemented to implement cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business.</em>

7 0
3 years ago
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