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qaws [65]
3 years ago
8

The formal target-setting, monitoring, evaluation, and feedback systems that provide managers with information about whether the

organization's strategy and structure are working efficiently and effectively are known as ________ systems.
Business
1 answer:
Pie3 years ago
7 0

Answer: Control Systems

Explanation:

Control systems in business are procedures designed to evaluate, monitor, regulate, supervise and ascertain whether organisational strategies, plans and structures are working efficiently and effectively. It also ensure assets and resources are checked and well documented to avoid things going missing.

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A local finance company quotes an interest rate of 17 percent on one-year loans. So, if you borrow $34,000, the interest for the
Serga [27]

Answer:

Company quotes an interest rate 17 percent on one-year loans.

Explanation:

Borrow value=$34000

interest rate of company in one year=17 percent

Total interest in a year =$34000×\frac{17}{100}

total interest=$5780

Total payment in one year=$34000+$5780

Total payment=$39780

You will pay $39780/12 or $3315.00/month according to company statement.

6 0
3 years ago
If customer 2 has a service time of 1.6, and if customer 3 has an interarrival time of 1.1 and a service time of 2.3, when will
Ivan
Your answer should be: "There is not enough information to answer." Hope I helped! :)
3 0
3 years ago
When people have insurance against a certain event, the notion that those people are less likely to guard against that event occ
sp2606 [1]

Answer: When people have insurance against a certain event, the notion that those people are less likely to guard against that event occurring is called a <u>moral hazard.</u>

Explanation: Moral hazard happens frequently in cases of insurance. If a person has a house, they can decide to install a vault because it reduces the risk of being robbed;

However, when the same person has arranged an insurance that covers the risk of theft of the house, they will have fewer incentives than in the previous situation, to install the security door and ultimately it will be able to increase the probability of the loss in this Theft case. This behavior, for example, before insurance coverage is called moral hazard.

4 0
3 years ago
What is meant by market in the lower-of-cost-or-market rule?
Pavel [41]

Answer:

Stock is valued at lower of : cost or market price [prudence principle]

Explanation :

Prudence or Conservatism is an accounting principle : anticipating for all possible losses & expenditures, not anticipating for possible profits & gains. This makes business better prepared to face all contingent expenditures/ losses.

This concept's implication is that : Stock or Inventory is valued at the value whichever is lesser between 'cost of inventory' & sale price. This makes inventory valuation as per the above explained Prudence/ Conservatism principle.

7 0
3 years ago
The population of the world in 1987 was 5 billion and the relative growth rate was estimated at 2 percent per year. assuming tha
scoundrel [369]
A = Pe^(rt) 
<span>A = 5e^(0.02)(8) = 5.87 billion </span>
6 0
3 years ago
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