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Solnce55 [7]
3 years ago
15

What are the benefits of preparing a business plan?​

Business
1 answer:
Damm [24]3 years ago
6 0

Answer:

See the whole business. Business planning done right connects the dots in your business so you get a better picture of the whole

Strategic Focus

Set priorities

Manage change

Develop accountability

Manage cash

Strategic alignment

Milestones

Explanation:

You might be interested in
John wishes to set up an account for his grandfather so that he can have some extra money each month. John wants his grandfather
jeka94

Answer:

John must invest $3719.4

Explanation:

It is given that John grandfather withdraws $120 per month for 3 year

So total month = 12 ×3 =36 months

Total amount withdrawn S = 36×120 = 4320

m = 12 times per year

Rate of interest i = 5 % = 0.05

We know that S=P(1+\frac{i}{m})^{mt}

4320=P(1+\frac{0.05}{12})^{36}

4320=P\times 1.1614

P = $3719.41

So john must invest $3719.4

6 0
3 years ago
An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety
Alex73 [517]

An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.

What is an oligopoly-

An Oligopoly is a type of market in which :

  • Few numbers of buyers and sellers.
  • High capital cost to entry in the market.
  • Similar but slightly different products. (eg. Cold drink companies)
  • Entry may be restricted to a few firms
  • there can be informal cartels within the existing firms which do not allow others to come in.
  • The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.

An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).

Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"

To learn more about the types of markets please click on the link

brainly.com/question/24877850

#SPJ1

5 0
2 years ago
Two primary causes of computer-related health problems are a poorly designed work environment and failure to take regular breaks
nikdorinn [45]

Answer:

The correct answer is:  True.

Explanation:

Overexposure to computers can lead to eye fatigue or some other more serious diseases caused because of a sedentary lifestyle. People whose work relies on working in front of the computer tend to break normal habits such as having their meals after reasonable timeframes. Most of the time they eat while working in front of the computer which causes overweight and combined with the lack of exercise leads to potential heart diseases.

6 0
3 years ago
First time drivers who are trying to decide which car to buy and how to select an insurance company, and newlyweds looking to bu
Aneli [31]

Answer:

extended problem solving

Explanation:

Extended problem solving occurs when an individual or group are making a purchase of a product that is unfamiliar, expensive, or infrequently bought. People get involved in extensive problem solving because they have little knowledge of the product, so they are cautious not to make a purchasing mistake.

In this scenario first time drivers buying a new car and newly weds looking for a home are both unfamiliar with the product they want to buy. They tend to take a longer more involved process to familiarise themselves with the product and market before making purchase. This is called extended problem solving.

4 0
4 years ago
In your opinion, is the “shrink it and pink it” strategy an effective way to market sports apparel to women? Why or why not?
Fofino [41]

Answer:

Concept: Business Administration

  • By definition the shrink it and pink it is a method employed by marketing to create a curated color that appeals to the women eye and also retroactively fits their figure and stature.
  • Arguably, the strategy is <u>effective</u><u> </u>in principle as it attracts more women buyers that would have otherwise skipped over the said sport apparel. It curated a line of clothing that suits them and makes them feel included. The principle of inclusiveness is a driving factor in this strategy which inherently has increased the sales of women apparel.
4 0
3 years ago
Read 2 more answers
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