1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
egoroff_w [7]
2 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]2 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]2 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."

You might be interested in
El incremento de la población determina las clases sociales de un país de acuerdo con la teoría de los neoclásicos.
Alik [6]
What the question sorry I can’t help 68
8 0
3 years ago
Face when buying one of your favorite foods.
LiRa [457]

Answer:

it is too long but also I like to choice Step 1

5 0
3 years ago
net income is 180 depreciation is 50 change in asset and liability accounts is 20 what i the cash provided
kiruha [24]

Answer:

Cash provided by operations is $250

Explanation:

<em>If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?</em>

<em />

Cash flows from operating activities

Net Income                                                     $180

<em>Adjustments to reconcile net loss </em>

<em>to net cash flow from operating activities</em>

Add: Depreciation                               $50

Add: Change in net current assets    <u>$20</u>     <u>$70 </u>

Cash provided by operations                       <u>$250</u>

7 0
2 years ago
How do banks create money?
Dafna11 [192]

Answer:

Commercial banks, required reserve, loans, deposits, create.

Explanation:

The main function of commercial banks is to accept deposits and then to lend the same money (minus required reserves) back out. Banks make a profit by charging a higher interest rate on loans than the interest rate they pay on deposits. Through the loan process, banks are actually able to create money.

The major function of commercial banks is

1. Accepting deposits from people and business organzations.

2. Giving loans to Customers to be paid at a specific period of time at an agreed interest rate.

Required reserve is the minimum amount of money which in required for a commercial Bank to hold/save out of every deposit. If the required reserve is 10% of every deposit, a customer customer deposited $100. The required will be $10 which the bank will hold. The remaining $90 is the balance which banks can loan out to Customers.

Commercial Banks make profit by charging a higher interest rate on loan and lower interest rate on deposits. For example: 7.5% interest rate on loan and 2.5% interest rate on deposits. The 5% difference is the bank Profit.

5 0
3 years ago
If the current dividend (D0) is $3.00 and the growth rate is 6%. How much will the dividend be at Time 5?
katen-ka-za [31]

The dividend will be $4.015

<u>Explanation:</u>

The given data is: Initial dividend given is = $3 and growth rate given is = 6%

the following formula is used in order to calculate the dividend

dividend at time 5 = d0 multiply with (1+growth rate) power 5

= $3.00 multiply with (1+0.06) power 5

=>$3.00 multiply (1.33822558)

=>$4.015 (rounded to two decimals).

<u>Note :</u> The dividend is the amount that is paid by the company to its shareholders. The amount of dividend may vary from year to year depending upon the profitability level of the company that it earned during the year.

5 0
3 years ago
Other questions:
  • Scenario: You are 30 years old and single. You have a moderate risk investment philosophy. You are interested in long-term inves
    15·1 answer
  • Which of these is an example of a tax on consumption?
    9·2 answers
  • $1,000 of supplies were purchased at the beginning of the month. $300 were used during the month. (The Supplies account was incr
    5·1 answer
  • Suppose a new and more liberal Congress and administration are elected. Their first order of business is to take away the indepe
    14·1 answer
  • Identify the following questions as most likely to be asked by an internal or an external user of accounting information
    9·1 answer
  • What are the most common types of credit available to individuals and businesses?
    13·1 answer
  • Luxury Swiss chalet hotel general manager reported to her owner that the hotels occupancy index for calendar year 2019 was 1.25.
    9·1 answer
  • Which of the following is an example of a shortage?
    10·1 answer
  • What is a free trade agreement
    9·1 answer
  • Describe the difference between an idea and a business opportunity.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!