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stepladder [879]
3 years ago
5

Listed below are the three functions of the management of an organization. 1. Planning 2. Directing 3. Controlling Identify whic

h of the following statements best describes each of the above functions. (a) requires management to look ahead and to establish objectives. A key objective of management is to add value to the business. (b) involves coordinating the diverse activities and human resources of a company to produce a smooth-running operation. This function relates to the implementation of planned objectives. (c) is the process of keeping the activities on track. Management must determine whether goals are being met and what changes are necessary when there are deviations.
Business
1 answer:
oee [108]3 years ago
7 0

Answer:

Planning = Statement (a)

Directing = Statement (b)

Controlling = Statement (c)

Explanation:

Planning is the first step of action initiated by the management. It helps the organization to define the goals and the plan to achieve such goal.

Directing is all about creating the understanding of the plan among the employees of the company, about the objectives, and the need to attain the objective, the manner to achieve the objective.

Controlling is the precautionary step in the action, as it clearly monitors the employees while working on the objectives, that when they are not deviated from the project, or its objectives.

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According to the product life cycle model, profits tend to: remain relatively constant until the decline stage, when they begin
Oduvanchick [21]

Answer:

Profit peak before sales reach their highest level

Explanation:

product life cycle is the transition of a product through the four stages of Introductory , Growth , maturity and decline stages.

The product manifest different attributes on attaining each of the listed stages.

Peculiar to the decline stage is continuous fall in sales volume which leads to drop in profit or even losses as the company struggles to work things out.

Before the decline stage is the growth stage , This is the level where sales increase rapidly and the profit attain its peak before it begins to decline due to fall in sales that is experienced at the decline stage

8 0
3 years ago
Novak Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year
GenaCL600 [577]

Answer:

Feb 1=> Cash ( debit) = 2,444,000.

Prefered stock (credit) = 2,350,000.

Paid in capital in excess of par value-preferred stock(credit) = 94000.

July 1=> Cash (debit) = 3,500,000.

Prefered stock (credit) = 3,125,000.

Paid in capital in excess of par value-preferred stock(credit) = 375000.

Explanation:

(A). On FEB. 1, the accounts and Explanation is given below:

Cash ( debit) = 2,444,000 {that is from; 47,000 × $52}.

Prefered stock (credit) = 2,350,000 { that is from; 47,000 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 2,444,000 - 2,350,000 = 94,000.

(B). On JULY 1, the accounts and Explanation is given below;

"July 1 Issued 62,500 shares for cash at $56 per share."

=> Cash (debit) = 62500 × 56 = 3,500,000.

Prefered stock (credit) = 3,125,000 { that is from; 62,500 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 3,500,000 - 3,125,000 = 375,000.

7 0
3 years ago
Read 2 more answers
Which strategy for merging two distinct cultures is most appropriate when the two merging companies are in unrelated industries
Alenkinab [10]
<span>A separation strategy occurs when the merging companies agree to remain distinct entities with minimal exchange of culture or organizational practices. This strategy is most appropriate when the two merging companies are in unrelated industries or operate in different countries, because the most appropriate cultural values tend to differ by industry and national culture. This strategy is also relevant advice for the corporate cultures of diversified conglomerates.</span>
6 0
4 years ago
The expected return on Share Z is 17.50% with a beta of 1.90. If the risk-free rate is 8%, then what is the expected return on t
Novay_Z [31]

Answer:

13%

Explanation:

Expected return on market = ((Expected return - Risk-free rate) / Beta) + Risk-free rate

Expected return on market = ((17.50% - 8%) / 1.90) + 8%

Expected return on market = 9.5%/1.90 + 8%

Expected return on market = 0.05 + 0.08

Expected return on market = 0.13

Expected return on market = 13%

5 0
3 years ago
When heavy rain ruined the banana crop in central​ america, the price of bananas rose from ​$0.90 a pound to ​$1.10 a pound. ban
HACTEHA [7]

Answer: Total revenue is given by

TR=P*Q

When price of bananas increase from $0.90 to $1.10 a pound and total revenue remained unchanged, it means that the quantity of Bananas sold must have decreased.

Suppose at $0.90 we sold 10 pound bananas getting us $9 revenue.

This means that at $1.10 we have to sell 8 Banana's to get the same amount of revenue.

So, change in quantity = = \frac{10-8}{10}  = 20%

So, their is a decline of 20% in the quantity of Bananas sold.

3 0
3 years ago
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