Answer: Corporate - Level Plan
Explanation: Corporate level planning entails reviewing the current strategy of a business in order to determine the company's long term goals. This is done by senior management, the owners of the company and its shareholders. Because this plan looks at the business as a whole, encompssing all of its departments and divisions, this plan also confirms in which markets the business can enter in and why. In this case SynVens aims to be the first or second in market share in the textile company within 5 years. This is the goal set by the business's highest management in accordance with their corporate level plan fo the future of the business.
Answer:
$61,445.20
Explanation:
we need to determine the present value of an annuity, and the simplest to determine this is by using annuity factors:
number of payments = 20
interest rate = 7%
annuity payment = $5,800
present value of the annuity = $5,800 x 10.594 (PV factor, 7%, n= 20) = $61,445.20
if we do not have an annuity table at hand (or in the internet), the formula used to calculate the annuity factor is:
annuity factor = [1 - 1/(1 + r)ⁿ] / r
Answer:
the forecast for next year is also $32.4 million
Explanation:
Given that:
the smoothed value for this year is $32.4 million
Let assume that i should be the current year
So; i + 1 can now be the next year
Therefore:
However; as we know quite well that the smoothed value for the current time period is equally the same thing to the forecasted value of the following year time period.
We can therefore posits that, the forecasting for the next year will be:
Thus; the forecast for next year is also $32.4 million
The correct answer for the question that is being presented above is this one: "FALSE." <span>Becoming an early adopter of technology and industry trends can increase your job security. This statement is false because it is not an assurance that job security will be increased.</span>