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3 years ago

LO 1.1The managers of an organization are responsible for performing several broad functions. They are ________.

Business

1 answer:

sveticcg [70]3 years ago

8 0

Answer:

planning, controlling, and evaluating

Explanation:

Planning includes all strategies employed in order to achieve an organisation's set goals and objectives.

Controlling involved monitoring all the plans put in place to achieve an organisation's objectives.

Evaluation is assessing the outcome of the organisation to determine if it is in line with set objectives.

I hope my answer helps you.

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According to Michael Porter, a firm’s _____ is composed of primary and secondary support activities that can lead to competitive

Anastasy [175]

Answer:

The correct word for the blank space is: value chain.

Explanation:

American economist Michael E. Porter (born in 1947) coined the term value chain to denote the interrelated operating activities businesses perform during the process of converting raw materials into finished products. The goal in value chain analysis is to find ways to add value to the product along each part of the process and do so at the lowest possible cost.

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3 years ago

7. A legal entity that makes money for reasons other than the owner's profit, where the profits must remain within the

Vika [28.1K]

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3 years ago

Last year Kruse Corp had $355,000 of assets, $403,000 of sales, $28,250 of net income, and a debt-to-total-assets ratio of 39%.

maksim [4K]

Answer:

It will improve the ROE by 5.29% to 18.34% from 13.05%

Explanation:

current values

assets 355,000

sales 403,000

net income 28,250

debt to assets = 39%

debt = assets x 39% = 355,00 x .39 = 138,450

equity = assets - debt = 355,000 - 138,450 = 216,550

Current ROE

net income / own funds (equity)

28,250/216,500 = 0,1304849 = 13.05%

With the proposition of reducing assets to 252,500

debt = assets x 39% = 252,500 x .39 = 98,475

equity = assets - debt = 252,500 - 98,475 = 154,025‬

proposition expected ROE

28,250/154,025 = 0,183411783 = 18.34%

Change in ROE 18.34 - 13.05 = 5.29

6 0

3 years ago

delmont movers has a profit margin of 6.2 percent and net income of $48900. what is the common size percentage for the cost of g

ValentinkaMS [17]

Answer:

The common size percentage for the cost of goods sold is 48.05%

Explanation:

The profit margin reflects a company's overall ability to turn income into profit, is calculated by formula:

Profit margin = Net income/Net sales

Delmont movers has a profit margin of 6.2 percent and net income of $48,900

Net sales of the company = Net income/Profit margin = $48,900/6.2% = $788,709.68

The cost of goods sold amounted to $379,000.

The common size percentage for the cost of goods sold = (The cost of goods sold/Net sales) x 100% = ($379,000/$788,709.68) x 100% = 48.05%

4 0

2 years ago

Family members may lend you money based on

Katarina [22]

Answer :a obligation.

The word obligation means “to be bound to act in a certain way either morally or legally.”

Hence when one is in need of money to start a business, family members may lend the money because they are bound to help you in times of need.

Loans from family members are usually interest free.

However, if the loan is not repaid, relationships quickly turn sour.

Hence loans from family member must be treated with respect and care, in order to maintain relationships.

6 0

2 years ago

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