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3 years ago

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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Answer:

The Net cash is 224.000

Explanation:

To get net cash flow using the indirect method we must make adjustment to the net income.

It depends on the movement if it is added or subtracted to net income

In this case,

Net income 252.000

+ Depreciation expense 26.000

- Increase in accounts receivable (15.000)

- inventory increased (40.000)

+ decreased Prepaid expenses 2.000

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+ loss on the sale of equipment 3.000

Net cash 224.000

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4 years ago

Frantic Fast Foods had earnings after taxes of $430,000 in 20X1 with 345,000 shares outstanding. On January 1, 20X2, the firm is

Anuta_ua [19.1K]

Answer:earnings per share for the year 20X1= $1.25 per share

earnings per share for the year 20X2 = 1.40

Explanation:

Earning per share is calculated as = Earning after taxes ÷ Shares outstanding

Therefore, earnings per share for the year 20X1.

= $430,000 ÷345,000 shares

= $1.25 per share

2. In the next year,there was a change in earnings after tax by 23 percent and an increase in shares by 34,000,

Therefore, we have earnings per share for the year 20X2 as

= ($430,000 × 1.23) ÷ ( 345,000 + 34,000)

=528,900/379000

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3 years ago

To achieve its goal of increased market share, Restaurant Y launched a program that awards grade-school students a free cupcake

Oksanka [162]

Answer:

The correct answer is C: Planning

Explanation:

There are five primary functions of management:

1. Planning

2. Organizing

3. Staffing

4. Directing

5. Controlling

Planning is future-oriented and determines an organization’s direction to achieve an objective. It is a rational and systematic way of making decisions today that will affect the future of the company.

Peter Drucker has defined planning as follows:

“Planning is the continuous process of making present entrepreneurial decisions systematically and with best possible knowledge of their futurity, organizing systematically the efforts needed to carry out these decisions and measuring the results of these decisions against the expectations through organized and systematic feedback”.

Planning is the path to achieve a predetermined objective. In this exercise, the objective is to increase market share. To achieve this goal they need to attract more costumers. To attract more customers, Restaurant Y planned a promotion based on grade-school students.

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4 years ago

What is the payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 f

kotykmax [81]

Answer:

It will take 5.2 years to cover the initial investment.

Explanation:

The payback period is the time required to cover the initial investment.

year 1= 40,000 - 180,000= -140,000

Year 2= 40,000 - 140,000= -100,000

Year 3= 40,000 - 100,000= -60,000

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To be more accurate:

(10,000/50,000)= 0.2

It will take 5.2 years to cover for the initial investment.

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3 years ago

Net requirements for component J are as follows: 60 units in week 2, 40 units in week 3, and 60 units in week 5. If a fixed-peri

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Answer:

e. none of the choices.

Explanation:

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