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VikaD [51]
3 years ago
14

By understanding its business, an organization can take steps to define its __________, a statement of the organization's scope.

This statement often identifies its customers, markets, products, technology, and values. Group of answer choices mission business portfolio functional philosophy corporate code benefit statement
Business
2 answers:
Fiesta28 [93]3 years ago
6 0

Answer:

Mission

Explanation:

A mission statement is basically information of why an organization comes into existance,whats it's main purpose is, what type of product or service it provides, what type of customers or market they are targeting , and where they are situated for business.

The organisation's purpose is communicated to everyone that has some influence directly or indirectly to the organization.

Alex17521 [72]3 years ago
4 0

Answer:

mission

Explanation:

Based on the scenario being described within the question it can be said that the term that is being mentioned is known as the organizations mission. This term basically refers to the original purpose for which the organization was created in the first place. This "mission" includes many aspects of the organization which help it position itself towards it's goal, such as the organizations target market, products, and important values/culture.

You might be interested in
Name the market structure in which agriculture farming operate​
hichkok12 [17]

Answer:

The right answer is "Pure monopoly, monopolistic competition and oligopoly".

Explanation:

  • The agricultural market system would be fundamentally competitive as well as is often called straight-up competitiveness.
  • Agriculture would be ideal competitiveness even though it has a vast variety of industries and every company generates a small proportion of the overall production of such marketplace.

Thus the above is the correct answer.

4 0
3 years ago
Direct materials, $7 per unit, Direct labor, $5 per unit, Variable overhead, $6 per unit, and Fixed overhead, $270,000. The comp
Arte-miy333 [17]

Answer:

Income reported under absorption costing =$440,000

Explanation:

<em>The income reported under absorption costing can be determined by  adjusting the income under variable costing for difference in profit.</em>

<em>The steps are outlined below:</em>

<em>Step 1</em>

<em>Calculate the Overhead absorption rate</em>

OAR = Budgeted Fixed overhead/ Budgeted number of units

=  $270,000/ 27,000 units

= $10

<em>Step 2</em>

<em>Calculate the change in inventory </em>

8500 units (given)

<em>Step 3</em>

<em>Calculate the difference in profit </em>=

<em> Difference in profit = OAR × change in inventory</em>

=8500×$10

= $85000

<em>Step 4</em>

<em>Calculate Income under absorption costing</em>

<em> =  Income under variable costing +  Difference in profit</em>

=$85,000 + $355,000

=$440,000

Income reported under absorption costing =$440,000

7 0
3 years ago
Read 2 more answers
A corporation makes an investment of $20,000 that will provide the following cash flows after the corresponding amounts of time:
s344n2d4d5 [400]

A) The company should not invest in the provided project due to the negative NPV of the project.

B) The NPV of the project comes out to be (286).

<h3>What is NPV?</h3>

NPV is an abbreviated form of Net present value and computed by deducting the cash outflows from cash inflows at the present value.

Given values:

Cash flow of year 1: $10,000

Cash flow of year 2: $10,000

Cash flow of year 3: $2,000

Cash outflow (cost of investment) =$20,000

Step-1 Computation of PV of cash inflows of every year:

PV of year 1 = Cash inflow of year 1 / (1+ interest rate)^ 1

                    = $10,000 / (1+0.07) ^ 1

                    = $10,000 X 0.934579

                    = $9,346

PV of year 2 = Cash inflow of year 1 / (1+ interest rate)^ 2

                    = $10,000 / (1+0.07) ^ 2

                    = $10,000 X 0.873438

                    = $8,735

PV of year 3= Cash inflow of year 1 / (1+ interest rate)^ 3

                   = $2,000 / (1+0.07) ^ 2

                    = $2,000 X 0.816297

                    =$1,633

Step-2 Computation of total amount of PV of cash inflows:

\rm\ PV \rm\ of \rm\ cash \rm\ inflows = \rm\ PV \rm\  of \rm\  year \rm\  1 + \rm\  PV \rm\ of \rm\ year \rm\ 2 + \rm\ PV \rm\ of \rm\ year \rm\ 3\\\rm\ PV \rm\ of \rm\ cash \rm\ inflows =\$9,346 + \$8,735 + \$1,633\\\rm\ PV \rm\ of \rm\ cash \rm\ inflows =\$19,714

Step-3 Computation of NPV:

\rm\ NPV=\rm\ PV \rm\ of \rm\ cash \rm\ inflows- \rm\ Cost \rm\ of \rm\ investment\\\rm\ NPV=\$19,714-\$20,000\\\rm\ NPV=\$ (286)

Therefore, the NPV comes out to be a negative amount of 286, and hence, the company should not accept the project.

Learn more about the net present value in the related link:

brainly.com/question/14015430

#SPJ1

5 0
2 years ago
Over the past year, you earned a nominal rate of interest of 10% on your money. The inflation rate was 5% over the same period.
zimovet [89]

Answer:

exact actual growth rate of your purchasing power was 4.8%

Explanation:

given data

nominal rate of interest = 10%

inflation rate =  5%

solution

we get here exact actual growth rate that is express as

exact actual growth rate = \frac{1+rate\ of\ interest}{1+inflation\ rate} - 1      ..........................1

put here value and we will get

exact actual growth rate = \frac{1+0.10}{1+0.05} - 1

exact actual growth rate = 4.8 %

so here exact actual growth rate of your purchasing power was 4.8%  

3 0
3 years ago
Review your pre and post scores from "Where Are You Now." Did your scores improve? What activities did you complete that facilit
DIA [1.3K]

Answer:

what do you mean did our scores improve, if so, idk yet

3 0
3 years ago
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