Explanation:
since it's given that
Acquiring value of the vacant lot =$115,000
Sale value of the vacant lot in cash=$298,000
Since the sale value is more than the Acquiring value which reflects the increment in the asset for $183,000 due to which the profit is also increased for $183,000 i.e. retained earnings
Now the effect is shown below
1. Assets = increase = $183,000
2. Liabilities = no change = $0
3. Stockholder Equity = Increased= $183,000
Answer:
The correct answer is C: Planning
Explanation:
There are five primary functions of management:
1. Planning
2. Organizing
3. Staffing
4. Directing
5. Controlling
Planning is future-oriented and determines an organization’s direction to achieve an objective. It is a rational and systematic way of making decisions today that will affect the future of the company.
Peter Drucker has defined planning as follows:
“Planning is the continuous process of making present entrepreneurial decisions systematically and with best possible knowledge of their futurity, organizing systematically the efforts needed to carry out these decisions and measuring the results of these decisions against the expectations through organized and systematic feedback”.
Planning is the path to achieve a predetermined objective. In this exercise, the <u>objective </u>is to <u>increase market share</u>. To achieve this goal they need to <u>attract more costumers</u>. To attract more customers, Restaurant Y <u>planned a promotion based on grade-school students.</u>
Answer:
crowding out new entrants
Explanation:
Based on the information provided it can be said that in this scenario the company is trying to create a barrier to entry by crowding out new entrants. This is a technique in which a company introduces various variations of a product into the market so that consumers are more likely to buy one of their products instead of another company's similar product.
Answer:
The summary including its perceived task is demonstrated in the following segment on the interpretation.
Explanation:
- The further you pay, then you pass up to make a change from generating income. This would be called opportunity cost since taking a short break is losing the chance to go somewhere else (i.e. gain further extra cash).
- This is much less the continuation of something like a withheld opportunity than that of the recovery on the alternative you picked.
Explanation:
The administration course contributed with several essential concepts for the work and career of every professional.
In my opinion, the two most important concepts learned in this course were the development of marketing plans and management of social media.
Learning about the strategic importance of implementing a marketing plan will help the professional to understand the crucial steps in the development of the product and its phases until reaching the end customer. Another essential learning was social media, which is a worldwide trend in building customer and company relationships and cannot be ignored nowadays, through this new channel companies are able to establish a relationship marketing capable of creating value for the brand and increasing customer loyalty.
