Answer:
It will help avoid conflict of interest.
Explanation:
When the people in risk assessment team are also the same team people correcting deficiencies, conflict of interest tends to arise.
Conflict of interest is when a person or staff in a department becomes unreliable due to a clash between personal interests and his professional responsibilities.
Answer:
The correct answer is option A.
Explanation:
The demand for cantaloupes is unitary elastic at price level $2.50. The demand curve here is linear and downward sloping. The elasticity of demand is 1.
In this linear demand curve the lower portion will represent inelastic demand.
When the price level is reduced to $2 the demand will move to the lower portion of the curve, with fall in price and increase in demand.
So, at $2 price the demand will be inelastic, which means it will be between 0 and 1.
Answer:
= $52,050
Explanation:
First, the question is as follows:
Calculate the number of pounds of raw material to be purchased in June
Solution
Step One: We determine what was produced in June and in July as follows
Budgeted Production = Budgeted sales + The desired closing inventory of finished products - the estimated opening inventory of finished products
- Budgeted Production in June= $15,600 + (0.3 x 19,600) - $4,680 (This is the ending inventory figure from May) = $16,800
- Budgeted Production in July= $19,600 - (17,600 units x 0.3)- $5,880 (this is the opening inventory calculated for June above) = $19,000
Step 2 : Determine the Purchased raw materials for June
- = (Production in June x 3) + Production in July x 3 x 0.25) - (Production in June x 3 x 0.25)
= 50,400 + $14,250 - $12,600 = $52,050
This is false some bosses will understand and be super chill about it while others act as if the got a stick up there a**
Answer:
1. using plans as a standard for measuring performance.
Explanation:
Strategic planning is an important process that enables a business or an organization to have a sense of direction, goal orientation, and also enables them to evaluate and measure progress.
It is important when carrying out the strategic planning process to first focus on clarifying and developing the vision, mission and objectives of the business before moving on to strategy formulation, this helps to give a sense of direction.
In the process of strategic planning, involving key employees cannot be overemphasized. Giving key employees the chance to be involved in the planning process will enable them to connect to the business and set them up for success.
Apart from the fact that strategic planning provides a sense of direction, it also enables a business to outline goals that can be measured, hence providing a standard for measuring performance.