Answer:
Total cost (TC) = Total variable cost (TVC) + Total fixed cost (TFC)
Therefore,
Total fixed cost = Total cost - Total variable cost
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As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.
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Answer:
They dont earn no more than $28,000 a year
The next step after setting objectives is to assign or cascade those objectives to the team members or employees.
<h3>What are the other steps in the MBO process?</h3>
After assigning the objectives to the employees (usually through a line manager), the next steps are to:
- Monitor performance of those objectives
- Evaluate performance
- Reward performance.
Please see the link below for more about Management by Objective:
brainly.com/question/5731723
