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german
3 years ago
7

Write a critical evaluation of your learning outcome. In your response, consider: 1. Consider the content of this class as they

relate to information management/IT and managerial decision making. 2. Base on the course content, discuss new skills you acquired from this class? How relevant are the new skills to your current and/or future profession? 3. How would you apply your new knowledge?
Business
1 answer:
Setler79 [48]3 years ago
6 0

Answer:

A management plan is a blueprint for the way your organization is run, both day-to-day and over the long term. It includes the standard methods for doing various things -- handling money, dealing with the actual work of the organization, addressing the way people in the organization do their jobs -- and the overall philosophical and intellectual framework in which these methods operate.

The management plan for your particular organization depends on a number of factors:

What is the organization trying to accomplish? A neighborhood initiative that exists to achieve a single goal -- keep a historic building from being torn down, preserve a piece of open space, build a playground -- has very different management needs than, say, a health clinic that plans to serve the community for years. Issues that are both important and ongoing for the clinic (staff pay and benefits, for instance) may simply not exist for the other organization.

What actually needs to get done day-to-day to keep the organization running? The actual tasks that keep the organization alive, maintain its standing with funders and the community, and allow it to accomplish its goals, need to be carried out efficiently and on time. Who's responsible for that, how many people will it take, and what are the mechanisms that will allow it to happen for your particular organization?

What degree of freedom do people at all levels of the organization need in order to do their jobs well? If nothing can get done without going through several layers of management, the organization isn't going to be very effective.

What are the resources available for carrying out a management plan? How many administrators could the organization support, given its finances? If the answer is one (or one part-time), your management plan will look very different than it would if the answer were three.

Explanation:

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Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $153,000 Credit sale
rodikova [14]

Answer:

Balance of allowance for doubtful accounts after Bad debt Expense is $2700

Explanation:

given data

Cash sales=  $153,000

Credit sales = $453,000

Selling and administrative expenses = $113,000

Sales returns and allowances= $33,000

Gross profit = $493,000

Accounts receivable = $140,000

Sales discounts = $17,000

doubtful accounts credit balance =  $1,500

solution

we know here Total Bad Debit = 3% of accounts receivable

that is Total Bad Debit =  0.03 × $140,000

Total Bad Debit =  $4200

so here allowance for doubtful account credit balance = $1500

so

Balance of allowance for doubtful accounts after Bad debt Expense will be

Balance of allowance for doubtful accounts =  $4200 - $1500

Balance of allowance for doubtful accounts  = $2700

6 0
3 years ago
The opportunity cost of going to college is a. the total money spent on food, clothing, books, transportation, tuition, lodging,
kogti [31]

Answer:  the value of the best opportunity a student gives up to attend college

Explanation: Opportunity cost is the cost of loosing benefits that one could have received if he or she would have chosen one alternative over the other. Usually the chosen alternative is the best and the rejected one is the second best.

Therefore, if a student decides to get to college the other opportunities that he might have chosen like doing a job or business is his opportunity cost.

Hence from the above we can say that the right option is B.

6 0
3 years ago
Read 2 more answers
Equired: 1-a. the marketing manager argues that a $10,000 increase in the monthly advertising budget would increase monthly sale
Elza [17]
Fixed expenses are $76,000 per month and the company is selling 4,600 units per month.

3 0
3 years ago
Economics* IMPORTANT
Iteru [2.4K]

Answer:

It can actually hurt your credit score because open positive accounts can have a greater impact than closed ones.

4 0
2 years ago
If potential GDP is equal to $600 billion, what does the long-run aggregate supply curve look like?A) It is a horizontal line at
Ede4ka [16]

Answer:

C) It is a vertical line at $600 billion of GDP

Explanation:

Aggregate supply is the total value of goods and services that companies established in a country are willing to produce and sell for each price level over a given period of time. It is therefore the sum of the supply curves of each firm.

Potential GDP, in turn, is the value of all final goods and services produced by an economy over a given period of time when all factors of production (capital and labor) are being tapped. It is the maximum production point of an economy. In this example, the potential GDP is 600 billion.

In the long run, an increase in the general price level does not affect aggregate production. Thus the aggregate supply curve of an economy represents the sum of all supply in a situation in which all factors of production are employed. This makes the vertical aggregate supply curve at 600 billion.

7 0
3 years ago
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