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sleet_krkn [62]
3 years ago
14

Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to increase sales 12 percent over the next three ye

ars through the introduction of a new line of comfortable, lightweight clothing for people who fish. The marketing manager is engaged in ________.
a) functional planning
b) portfolio planning
c) strategic planning
d) control planning
Business
1 answer:
sweet [91]3 years ago
6 0

Answer:

a) functional planning

Explanation:

Functional planning is a type of planning made to achieve consistent working of the company taking into account the function and of each and every department.

It is achieved by setting goals, continuously assessing the functions of every department, measuring the achieved goals (success) and projecting the future achievement of the company (foresight).

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It is a good idea to prepare for possible layoffs by making sure ______.
Eva8 [605]
C is the answer




Hope this helps
5 0
3 years ago
Read 2 more answers
A company purchases inventory on terms of net 30 days and resells to its customers on terms of net 15 days. The inventory conver
Tanzania [10]

Answer:

The company's cash conversion cycle is 75 days

Explanation:

The conversion cycle is the number of days that a business takes to convert its investment in inventory into cash flowing from the purchase and sales of the business.

Conversion cycle = Payable days + Inventory in Stock days + Receivable days

where

Payable days = Purchases term  = 30 days

Inventory in stock = Number of days until inventory remains unsold = 60 - 30 days = 30 days ( As payable days are already included in inventory conversion days )

Receivable days = Sales term = 15 days

Placing values in the formula

Conversion cycle = 30 days + 30 days + 15 days

Conversion Cycle = 75 days

6 0
3 years ago
Mr. Brown wants to buy a Tesla Model S car, whose price is $100, 848. The dealer offers a loan plan: $30, 000 downpayment, $X at
algol [13]

Answer:

X is $30,000

Explanation:

First, we need to calculate the Amount ofLoan

Amount of Loan = Car price - Down payment = $100,848 - $30,000 = $70,848

This is the situation of annuity payment for 4 years at a 25% interest rate with equal annuity payment each year.

Now we will use the following formula to calculate the value of X

PV of Annuity = Annuity payment x ( 1 - ( 1 + interest rate )^-numbers of years ) / Interest rate

Where

PV of Annuity = Amount of Loan = $70,848

Interest rate = 25%

Numbers of years = 4 years

Annuity Payment = X = ?

Placing values in the formula

$70,848 = X x ( 1 - ( 1 + 25% )^-4 ) / 25%

$70,848 = X x 2.3616

X = $70,848 / 2.3616

X = $30,000

6 0
2 years ago
A user video is claimed by one asset with a policy of Monetize worldwide and claimed separately by another asset with a policy o
drek231 [11]

Answer: Block worldwide

Explanation:

8 0
3 years ago
Read 2 more answers
In a recent year, sherwood day corporation had sales of $500,000, net income of $200,000, interest expense of $40,000, and tax e
Kipish [7]
The interest earned by the Sherwood Day Corporation is calculated by subtracting from the net income all the expenses including the interest expense and the tax expense. Mathematically,
                    interest earned = $200,000 - ($40,000 + $30,000)
                                                = $130,000
8 0
3 years ago
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