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egoroff_w [7]
3 years ago
12

During a management meeting, Dave, the CEO of Top Office Equipment, reminded his management team of where the company wants to g

o as an organization: "Top Office Equipment is the expert whom customers should always call regarding all their office equipment needs because Top Office strives to understand customer needs and provide the right answers for them." This statement is Top Office Equipment's __________.
Business
2 answers:
aalyn [17]3 years ago
7 0

Answer:

Vision statement

Explanation:

A vision statement is a document that clearly states the goals and objectives of an organization. A vision statement describes what an organization would aspire to achieve and it also gives a sense of purpose to the existence of the organization.

A vision statement gives a concrete way for employees to have a better understanding of the meaning and purpose of your business. It describes what an organization aspires to achieve in the long-run.

A good vision statement should be short, simple, and specific to your business objectives.

kirill115 [55]3 years ago
6 0

Answer:

Vision statement

Explanation:

A vision statement bis defined as the statement of a business's objectives, and acts as a guide when there is internal decision making to be done within the organisation.

The vision statement outlines what the organisation aims to achieve. It should be short, simple, specific, and not open to different interpretations.

Dave the CEO is reminding the employees where the company wants to go as an organisation by stating the vision statement: "Top Office Equipment is the expert whom customers should always call regarding all their office equipment needs because Top Office strives to understand customer needs and provide the right answers for them."

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Communist countries usually have economies. A command economy that still allows private property and ownership is called. A comm
aalyn [17]

Answer:

1. command

2. socialism

3. communism

Explanation:

1. Communist countries usually have command economies.

2. A command economy that still allows private property and ownership is called a socialism.

3. A command economy in which the government controls everything is called communism.

8 0
3 years ago
The stock of Static Corporation has a beta of 0.7. If the expected return on the market increases by 6%, the expected return on
loris [4]

Answer:  4.2%

Explanation:

Beta is a measure of sensitivity of a stock in that it measures how the stock reacts to a movement in market return. The Beta of the Market is 1.

If a Stock's Beta is 2, this means that if expected market return increases by 1%, the stock's expected return will increase by 2%. If a Stock's beta is 0.5 then if the expected return on the market increases by 1%, the stock's expected return will increase by 0.5%.

In this case the expected return on the market increases by 6% so the expected return on Static Corporation should increase by;

= 0.7 * 6%

= 4.2%

8 0
4 years ago
ok guys i have a major question how do you post an image of your question on here ican not figure out how to di like when i do i
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Answer:

Explanation:

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4 0
3 years ago
Davis Florist has two employees, Anita and Jerome, and two tasks that need to be completed, floral arrangements and floral deliv
OlgaM077 [116]

Answer:

Davis Florist

a. (Anita, Jerome) __Jerome____ absolute advantage in floral arrangements. __Jerome____ (Anita, Jerome) has an absolute advantage in deliveries.

b. Anita’s opportunity cost of making one floral arrangement is ___0.75__

( 1.33, 0.75, .33, 3) deliveries. Anita’s opportunity cost of making one delivery is __1.33_ (1.33, 0.75, .33, 3) floral arrangements.

c. Jerome’s opportunity cost of making one floral arrangement is ___0.33__(.75,3,1.33..33) deliveries. Jerome’s opportunity cost of making one delivery is 3 (3, 1.33, .75, .33) floral arrangements.

d. (Jerome, Anita)_Jerome____ has a comparative advantage in floral arrangements. (Jerome, Anita)__Anita___ has a comparative advantage in deliveries.

e. Suppose that, initially, both Jerome and Anita spend four hours each day doing floral arrangements and two hours each day doing deliveries. Now suppose they change their tasks, so that each individual does nothing but the task in which she or he has a comparative advantage. How many more floral arrangements and deliveries could they produce each day?

____4_____ additional floral arrangements

____5____ additional deliveries

Explanation:

a) Data and Calculations:

Time it takes Anita to finish one floral arrangement = 30 minutes

Time it takes Anita to make a delivery = 40 minutes

Time it takes Jerome to finish one floral arrangement = 10 minutes

Time it takes Jerome to make a delivery = 30 minutes

b) Absolute Advantage: Jerome will finish 3 floral arrangements (30/10), whereas Anita can only finish 1 in 30 minutes.

c) Anita's opportunity cost is the time it will take her to make a delivery using the same time it takes her to finish one floral arrangement.  In 30 minutes time, she can only make (30/40) 0.75 deliveries.  Using 40 minutes of making a delivery, she can finish 1.33 (40/30) floral arrangements.

d) Anita's comparative advantage in making deliveries is based on her opportunity cost when compared with Jerome's opportunity cost of making deliveries.

                                          Floral            Delivery      Total hours

                                    Arrangement

e) Total time spent by

   Anita                                4 hrs              2 hrs          6 hrs

   Jerome                            4 hrs              2 hrs          6 hrs

                                                        Anita                  Jerome      Total

Number of floral arrangements     8 (240/30)        24 (240/10)   32

Number of deliveries                      3 (120/40)           4 (120/30)     7

                                                         Anita                  Jerome

Number of floral arrangements       0                       36 (360/10)  36

Number of deliveries                        12 (360/30)        0                 12

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3 years ago
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the goal was to make sure that everybody was going to be there and to ensure proper communication and proper time connections

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