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Natasha_Volkova [10]
3 years ago
15

Identify and discuss the five questions that should be answered by a good mission statement.

Business
1 answer:
Blababa [14]3 years ago
7 0

Answer:

PART A

The five questions are as follows

What is my risk tolerance?

How fast am I able to move?

What is my access to capital?

Who do I need to help me get there?

Do I have the capacity that I need to make this journey?

PART B

They where not carefully prepared

They lack the competence required to make a good mission statement

Lack of adequate knowledge about the Organisation

PART C

YES.

Explanation: Mission statement is a short and brief description of why an organisation exists and what are the goals of the Organisations, mission statement are also a statement of what the company wants to achieve.

A good mission statement should ensure that has considered the RISK TOLERANCE LEVEL OD THE ORGANISATION AS IT REGARDS TO INTERNAL AND EXTERNAL THREATS,THE PACE OF THE ORGANISATION, AVAILABILITY OF RESOURCES LIKE FUNDS,WHO ARE THE PEOPLE THAT THE ORGANISATION NEEDS TO ACHIEVE ITS MISSION AND THE AVAILABILITY OF COMPETENT MANPOWER AND THE NEEDED CAPACITY TO ACHIEVE THE MISSION.

Some of the issues that affects a mission statement is when people who are not competent or don't understand the concept of a mission statement or the Organisation are asked to prepare one,it will fail to put these five questions into consideration etc.

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stiks02 [169]

Answer:

She invested $2,167

Explanation:

As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:

8% * 9 / 12 = 6%

Let A be the amount of money she invest. After 9 month she will receive:

A * 0.06 dollars.

And the actual amount is $130. So she invested

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3 years ago
A buyer has decided to offer $335,000 for a home that she really likes. The bank will loan her 80% of the purchase price for 30
RUDIKE [14]

Answer:

We have:

Amount of principal = $268,000

Interest payment = $1,522.24

Explanation:

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Therefore, we have:

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5 0
3 years ago
Prepaid expenses require what type of adjusting entry?
AleksAgata [21]

Answer:

MATCHED

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7 0
2 years ago
The Besnier Company had $250 million of sales last year, and it had $75 million of fixed assets that were being operated at 80%
Elina [12.6K]

Answer:

$312.5 million

Explanation:

Given that,

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Fixed assets last year = $75 million

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Sales at full capacity:

= Previous sales ÷ Previous Capacity

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Therefore, if the company had operated at full capacity then the sales could have been $312.5 million.

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