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3 years ago

Different between business management and business administration

Business

2 answers:

Romashka [77]3 years ago

5 0

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.

Nataliya [291]3 years ago

4 0

Answer:

Business management and administration are closely related and have only a small degree of difference.

Business management focuses mainly on planning and organizing activities of an organization, while the administration looks at many areas that are related with the administration and routine tasks and activities of a firm.

this does not mean that management does not cover the administration aspects.

Explanation:

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The attractiveness test for evaluating whether diversification into a particular industry is likely to build shareholder value i

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Answer:

A) conditions in the target industry allow for profits and return on investment that is equal to or better than that of the company's present business(es).

Explanation:

Remember, the key word here is about whether diversification into a particular industry would likely increase shareholders value.

Thus, any company wanting to test this out would consider whether conditions in the target industry allow for profits and return on investment that is equal to or better than that of the company's present business(es).

This option is better because improved profits implies better shareholder value.

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3 years ago

Cash Flow Equivalences. Southwestern Moving and Storage wants to have enough money to purchase a new tractor-trailer in 5 years

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Answer:

They must set aside $65,494.95 at the end of year 4.

Explanation:

Giving the following information:

Southwestern Moving and Storage wants to have enough money to purchase a new tractor-trailer in 5 years for $290,000. If the company sets aside $100,000 in year 2 and $75,000 in year 3.

Interest rate= 9%

We will assume that the money gets set aside at the end of each period.

First, we need to calculate the accumulated money of the first two investments using the following formula:

FV= PV*(1+i)^n

Year 2: FV= 100,000*(1.09)^3= 129,503

Year 3: FV= 75,000*(1.09)^2= 89,107.5

Total= $218,610.5

Difference= 290,000 - 218,610.5= 71,389.5

Final value= 71,389.5

We need to find the present value:

PV= FV/(1+i)^n

PV= 71,389.5/(1.09)= 65,494.95

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3 years ago

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3 years ago

The labor force of many more developed countries (mdcs) may experience higher taxes over the next half century to provide essent

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Higher taxes will provide to the growing number of senior citizens. There are much more elderly citizens now than there were 50 years ago with the baby boomers aging into their golden years. In order to provide services for these individuals, taxes could likely increase to cover the increasing costs.

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3 years ago

Dayna’s Doorstops, Inc. (DD) is a monopolist in the doorstop industry. Its cost is C  100  5Q  Q2, and demand is P  55  2Q.

Sauron [17]

Answer:

Explanation:

Given the following data about Dayna's Doorstep Inc(DD) :

Cost given by; C = 100 - 5Q + Q^2

Demand ; P = 55 - 2Q

A.) Set price to maximize output;

Marginal revenue (MR) = marginal cost (MC)

MR = taking first derivative of total revenue with respect to Q; (55 - 2Q^2)

MC = taking first derivative of total cost with respect to Q; (-5Q + Q^2)

MR = 55 - 4Q ; MC = 2Q - 5

55 - 4Q = 2Q - 5

60 = 6Q ; Q = 10

From

P = 55 - 2Q ;

P = 55 - 2(10) = $35

Output

35(10) - [100-5(10)+10^2]

350 - 150 = $200

Consumer surplus:

0.5Q(55-35)

0.5(10)(20) = $100

B.) Here,

Marginal cost = Price

2Q - 5 = 55 - 2Q

4Q = 60 ; Q = 15

P= 55 - 2(15) = $25

Totally revenue - total cost:

(25)(15) - [100-(5)(15)+15^2] = $125

Consumer surplus(CS) :

0.5Q(55-25) = 0.5(15)(30) = $225

C.) Dead Weight loss between Q=10 and Q=15, which is the area below the demand curve and above the marginal cost curve

=0.5×(35-15) ×(15-10)

=0.5×20×5 = $50

D.) If P=$27

27 = 55 - 2Q

2Q = 55 - 27

Q = 14

CS = 0.5×14×(55 - 27) = $196

DWL = 0.5(1)(4) = $2

6 0

3 years ago

Different between business management and business administration​

Different between business management and business administration