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max2010maxim [7]
3 years ago
15

Brenda, the district manager for Beautiful Florist, told the store managers in her district that she needs the sales goals for n

ext year. A new manager, Paula, said, "I am going to sell over $100,000 in flowers next year." Brenda later told Paula that "I need to know specifically, in each category, how much you plan on selling." Brenda's request for a specific answer is an example of a:________.
Business
1 answer:
lutik1710 [3]3 years ago
5 0

Answer: Smart goal setting

Explanation:

SMART is an acronym that means

S- Specific,

M-Measurable,

A- Achievable,

R- Realistic, and

T- Timely.

SMART goal settings incorporates all the qualities above to help focus and increase the chances of achieving a particular goal. SMART goal helps guide goal setting.

Specific: Goals that are very clear and unambigous have a greater chance of being achieved.

Measurable: A goal should have a measuring criteria to determine the progress of your achievement.

Achievable: A goal should not be a task that is impossible to attain or achieve

Realistic: A goal is realistic if it is within your reach and you believe it could be achieved given the resources and time frame.

Timely: A goal should have a time frame that is, the starting and ending date so as to be challenged and motivated.

SMART Goal Setting helps individuals or businesses set up for success by making it specific, measurable, achievable, realistic, and timely. It also helps push you further, gives you a sense of direction, and helps you organize and reach your goals.

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Prokp Co.'s records for April disclosed the following data relating to direct labor: Actual labor cost (payroll) for April$35,00
Fittoniya [83]

Answer:

2,256 hours

Explanation:

The computation of the total standard direct labor hours allowed (SQ) for units produced is shown below;

As we know that

Labor rate variance = (Actual hours × Actual rate) - (Actual hours ×  Standard rate)

($5,000) = $35,000 - (2,500 ×  Standard rate)

2,500 ×  Standard rate = $40,000

Standard rate = $16

Now

Labor efficiency variance = (Actual hours ×  Standard rate) - (Standard hours ×  Standard rate)

$3,900 = (2,500 ×  $16) - (Standard hours ×  $16)

Standard hours ×  $16 = 36,100

Standard hours = 2,256.25

= 2,256 hours

5 0
3 years ago
Suppose there are 5 gas stations in Durham. All of them sell, among other things, 87 octane regular unleaded gas. Which of the f
Gnoma [55]

Answer:

b

Explanation:

An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.

Oligopolies are characterised by:

  • Firms that set the market price for their products
  • profit maximisation
  • high barriers to entry or exit of firms
  • downward sloping demand curve

87 octane gas in Durham is the same in each of the five stations, so the product is undifferentiated

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

A monopolistic competition is when there are many firms selling differentiated products in an industry.

A monopoly is when there is only one firm operating in an industry.

An example of a monopoly is a utility company

4 0
3 years ago
Which one of the following stock index futures has a multiplier of 50 Hong Kong dollars times the index?
Vadim26 [7]

Answer:

b. Hang Seng

Explanation:

Hong Kong's Hang Seng Index Futures and Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$50 (50 Hong Kong dollars) per point.

The Mini-Hang Seng Index Futures and the Mini-Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$10 per point.

3 0
4 years ago
AP Season tickets for the Dingos are priced at $320 and include 16 home games. An equal amount of revenue is recognized after ea
MissTica

Answer:i just want the points sorrry

7 0
3 years ago
Read 2 more answers
Outsourcing companies must accept some loss of control when hiring other organizations to perform certain services. A disadvanta
Ymorist [56]

Answer:

The correct answer is It is not easy way of exiting the outsourcing agreement

Explanation:

Subcontracting is a business process through which a company transfers responsibility for its external tasks to another company specialized in that task.

The subcontracted company is one that by means of an agreement with another company (usually called a contractor or client) carries out the performance of certain activities and services. The way in which this commercial relationship develops is usually defined previously by means of a contract. Sometimes the name is used in English, outsourcing.

It is also common to call this type of subcontracted companies as subcontractors or suppliers. Usually outsourcing serves as a very recurring formula when outsourcing the company's activities.

In the globalized business environment in which we currently live, the outsourcing of productive processes is becoming more frequent by outsourcing activities that companies do not consider key to the level of competition and attending to the main activity in which they work.

In that sense, outsourced companies enjoy certain advantages that help them be useful in the market and meet various needs and services instead of other companies.

4 0
4 years ago
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