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BlackZzzverrR [31]
3 years ago
14

The world’s largest bank. Deutsche Bank set as its objective to make its name more recognizable in the United States. The succes

s of its decision to sponsor a PGA golf tournament to accomplish this organizational objective will ultimately depend on which management function?
Business
1 answer:
Vilka [71]3 years ago
6 0

Answer: Planning

Some of the functions of management are planning, organizing, controlling, and leading.

Success depends on the "planning" function they will have to execute the task of sponsoring the golf tournament. Since they must map who will be the main participants and if they could be related to the bank, they must also have the best marketing strategy, place the right advertising in the right places to meet their objectives

You might be interested in
Disruptive innovation is a process by which a product or service takes root initially in simple applications at the bottom of a
ValentinkaMS [17]

Answer:

The correct answer is True.

Explanation:

The concept of “Disruptive Innovation” is relatively new, it was introduced by Clayton Christensen in 1997 in the book “The innovators dilemma” and refers to how a product or service that originally was born as something residual or as a simple application without Many followers or users quickly become the leading product or service in the market.

Disruption therefore occurs when emerging companies use new technologies or new business models and outperform the market that were the leaders until then.

There comes a time when users do not perceive as a differential advantage the type of evolutionary innovation that has been applied to a product, because they no longer need all those new features that the manufacturer has added to increase the profit and then the manufacturer becomes vulnerable and the evolution of that particular product ceases to be decisive, from that moment the price of that product can become decisive or another product will arrive with a new disruptive technology that will compete with the previous product and with the established technology. The most normal is that new products or services are easier to use and cheaper than products that were already on the market before and thus quickly capture the interest of consumers.

6 0
3 years ago
If annual demand is 12,000 units, the ordering cost is $6 per order, and the holding cost is $2.50 per unit per year, which of t
vredina [299]

Answer:

240 units

Explanation:

We can find Optimal order quantity easily by Optimal order quantity formula using the fixed order quantity formula  

Formula::  Optimal order quantity = \sqrt[2]{\frac{2CoD}{Ch} }

Where

Co = Ordering cost per order

D = Annual demand

Ch = Holding cost per unit

Calculations

Lets put in the values

Optimal order quantity = \sqrt[2]{\frac{2CoD}{Ch} }

Optimal order quantity = \sqrt[2]{\frac{2*6*12000}{2.5} }

Optimal order quantity = 240 units

Note: There must have been a mistake in question options the answer is 240 and closest to 240 is option B

6 0
3 years ago
Record the following transactions for Lett Company. (Credit account titles are automatically indented when the amount is entered
natta225 [31]

Answer:

The journal entries are shown below:

Explanation:

The journal entries are as follows

On August 4

Account Receivable   $610

    To Sales Revenue       $610

(Being the goods sold on credit basis is recorded)

On August 7

Sales Return and Allowances   $60

      To Accounts Receivable   $60

(Being the sales allowance is recorded)

On August 12

Sales Discount      $11    

Cash $539

   To  Accounts Receivable  $550

(Being the amount paid is recorded after considering the 2% discount

4 0
3 years ago
Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for t
Iteru [2.4K]

Answer: $16,800

Explanation:

As regards them having two children, their individual taxes is $8,400 for a year. The total amount of their exemptions for tax of 2019 is $16,800

8 0
3 years ago
In the short​ run, an increase in the growth rate of the quantity of money​ ________ the nominal interest rate and in the long r
ikadub [295]

In the short run increase in the growth rate of the quantity of money decreases the nominal interest rate and in the long run it increases the nominal interest rate.

Explanation:

When there is increase in the growth rate of money supply people also start spending more.

When the nominal rate that is the interest rate decreases people demand for more money as a result the demand curve for money shifts towards its right and on the other hand when the nominal rates increases the demand for money falls and people starts saving the money as a result the demand curve for money moves towards left.

7 0
4 years ago
Read 2 more answers
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