One important managerial function is controlling, and the first step in the controlling process consists of

1 answer:

6 0

One important managerial function is controlling, and the first step in the controlling process consists of setting clear performance standards.
<span>The goal of the controlling is to control that standards are met and stated goals of the organization are achieved .
</span>Standards are used to measure the actual performance and are the benchmarks towards which efforts of entire organisation are directed. Some examples of standards are: revenue to be earned, c<span>ost to be incurred., improved motivation, improved quality of products,..</span>

You might be interested in

A standardized language used to manipulate data is

alex41 [277]

Answer:

It's Data Manipulation Language (DML) !!

Hope It Helps.

4 0

3 years ago

A mother earned $ 7500.00 from royalties on her cookbook. she set aside 20% of this for a down payment on a new home. the bala

Marina CMI [18]

Amount of money deposited in the two accounts is 80% of 7500$.
Amount of money in the two accounts = 0.8 * 7500 = 6000$

Now assume that the amount deposited in CD account is m and the amount deposited in the saving bond is n.
m + n = 6000
Therefore: m = 6000 - n ................> equation I

Now we write another equation expressing the savings:
0.04m + 0.07n = 360 ............> equation II

Substitute with equation I in equation II:
0.04 (6000-n) + 0.07n = 360
240 - 0.04n + 0.07n = 360
0.03n = 120
n = 4000 $

Substitute with n in equation I to get the value of m as follows:
m = 6000 - n = 6000 - 4000 = 2000

Based on these calculations:
The amount of money deposited in the CD = 2000$
The amount of money deposited in the saving account = 4000$

8 0

4 years ago

Seth Silver had the following items of income during the taxable year: Interest income from a checking account $1,000 Interest i

34kurt

Answer:

c. $3,800

Explanation:

Calculation for the amount of taxable income

Using this formula

Taxable income =Interest income from a checking account+Interest income from corporate bonds +Interest income from federal bonds

Let plug in the formula

Taxable income =$1,000+$2,050+$750

Taxable income=$3,800

Therefore on his current year tax return the amount of his taxable income will be $3,800

6 0

3 years ago

I got asked out last week by one popular kids at school, i knew something was up; but instead i looked down......

ch4aika [34]

Hahaha I got this!!!

6 0

3 years ago

Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu

Citrus2011 [14]

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

3 0

3 years ago