1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
In a financial statement audit performed following AICPA Professional Standards, how frequently must an auditor test operating e
Anni [7]

Answer: D. At least every third audit

Explanation: According to the AICPA Professional Standards of auditing. Testing the operating effectiveness of controls that appear to function as they have in past years and on which the auditor wishes to rely upon in the current year must be carried out at least every 3rd Audit.

This is done if the auditor plans to use audit evidence from a prior audit about the operating

effectiveness of specific controls. The auditor shall establish the continuing relevance of that

evidence by obtaining audit evidence about whether changes in those controls have

occurred subsequent to the previous audit.

3 0
3 years ago
What important role does management play in organizations?
QveST [7]

Answer:

The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform. If Management ensures that all the activities are designed effectively, the production of each individual worker will contribute to the attainment of the organizational goals.

4 0
2 years ago
The cost of a high-quality 250-horsepower compressor was $13,500 when recently purchased. What would a 608-horsepower compressor
frez [133]

Answer:

Cost of 608 hp compressor = $32,832

Explanation:

Given:

Cost of 250 hp compressor = $13,500

Find:

Cost of 608 hp compressor

Computation:

Cost of 608 hp compressor = Cost of 250 hp compressor x [608 / 250]

Cost of 608 hp compressor = $13,500 x [608 / 250]

Cost of 608 hp compressor = $32,832

4 0
2 years ago
Return to questionItem 6Item 6 E8-16 Analyzing and Interpreting Receivables Turnover Ratio and Days to Collect [LO 8-4] FedEx Co
madreJ [45]

<u>Solution and Explanation:</u>

The following formulas will be used in order to calculate the accounts receivable turnover ratio and in order to find out the number of days collect.

Accounts receivable turnover ratio = Net sales divided by Average net Accounts receivable

=\$ 50,370 /[(\$ 7,250+\$ 5,720) / 2]

=\$ 50,370 / \$ 6,485

= 7.77 times

<u>Days to collect</u> = 365 divided by Accounts receivable turnover ratio

= $365  divided by 7.77

= 47 days

<u>Note</u>: The number of days that has been assumed is 365 days

4 0
3 years ago
Critical outcomes of a company's marketing strategy include _____, as these are necessary for the company to sustain its busines
Ghella [55]

Critical outcomes of a company's marketing strategy include sales and profit as these are necessary for the company to sustain its business.

    Sales and marketing strategy are critical for sustaining the profits of company. It helps the company to reach, engage and convert target prospects into profitable customers. A sales and marketing strategy provides a cornerstone for alignment and alignment is a goal for every B2B organization.

    Without a strategy in marketing sales and activities it will be difficult to sustain sales and profits and all the tactics would be for nothing. Savvy companies realizes that a sales and marketing strategy is the next important one after overall business plan.

Click to learn more about Sales and marketing here:

brainly.com/question/28147910

#SPJ4

3 0
1 year ago
Other questions:
  • Upon receipt of purchased goods, receiving department personnel match the quantity received with the packing slip quantity and m
    7·1 answer
  • Muir Manufacturing produces two popular grades of commercial carpeting among its many other products. In the coming production p
    14·1 answer
  • Indicate whether each of the following audit procedures is a test of controls, a substantive test, or dual-purpose test. Next, i
    6·1 answer
  • When solving systems of equations we have at least two unknowns. A common example of a system of equations is a price problem. F
    13·1 answer
  • Smitty Museum purchased the copyright to a piece of artwork for $925,000. Smitty plans to reproduce 2.1 million posters of the a
    8·1 answer
  • A customer wishes to open an account to fund payment of private middle school tuition. If the customer does not wish to deposit
    6·1 answer
  • A regional restaurant chain, CoCo's, is considering purchasing a smaller chain, AJ's, which is currently financed using 20% debt
    6·1 answer
  • Your sister is thinking about starting a new business. The company would require $300,000 of assets, and it would be financed en
    7·1 answer
  • Martin Company manufactures a powerful cleaning solvent. The main ingredient in the solvent is a raw material called Echol. Info
    10·1 answer
  • 1. Read the following data regarding payroll deductions, and answer the questions that follow:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!