Answer:
a. organization
Explanation:
There are basic five principal of Management:
- Planning
- Organization.
- Controlling
- leading
- Staffing
These basic five principal make an average manager to a successful manager.
Planning in management play a vital role as it is about choosing the right process and active objective of organization.
Organization is about structuring of resources and managing relationship with worker to acchieve organization´s goal.
Leading is about inspiring and motivating others in the organization to make vision of organization realistic and achievable.
Staffing is about recuiting and allocating right person at a right job.
Controlling is about evaluating the process and goal of organization.
Answer:
The correct answer is option A.
Explanation:
Money can be defined as an object that is widely used as a medium of exchange in economic transactions. The primary function of money is to act as a medium of exchange for goods and services.
Other than that money also performs a number of secondary functions. It acts as a store of value, unit of account and standard of deferred payments.
Money can be of different types such as commodity money, bank money, and fiat money.
Enterprise applications are systems that have cross-functional boundaries, concentrate on carrying out business operations throughout the whole corporate organization, and include all management levels.
Enterprise applications are systems that have cross-functional boundaries, concentrate on carrying out business operations throughout the whole corporate organization, and include all management levels. By tightly synchronizing their business operations, enterprise apps enable firms to become more adaptable and productive.
Four main corporate apps are as follows:
- Business systems
- Systems for managing the supply chain
- Systems for managing customer relationships
- Information management techniques
Each of these enterprise applications combines a related set of operations and business procedures in order to improve organizational performance overall.
To learn more about the functional areas of business:
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Answer:
Interest earn= $80.14
Explanation:
Giving the following information:
PV= $1,000
i= 7%
n= 3
<u>First, we will calculate the future value at the second year:</u>
FV= PV*(1+i)^n
FV= 1,000*(1.07^2)
FV= 1,144.9
<u>Now, for the third year:</u>
FV= 1,144.9*1.07= 1,225.04
Interest earn= 1,225.04 - 1,144.9= $80.14
All of them are the non-manufacturing business where process costing would most likely be used.
Explanation:
- All are non-manufacturing business which are as follows,
- An auto body shop.
- A furniture repair shop.
- A laboratory that tests water samples for lead A tailoring shop.
- A beauty shop.
- Non-manufacturing business costs refers to those business where it is incurred outside the factory or production unit
- Non-manufacturing costs includes,
- selling expenses
- general expenses
- Selling Expenses
- It is also called as selling and distribution expenses.
- Non-manufacturing expenses have no impact on the production cost of the company due to their period costs.
