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2 years ago

Definition of a mission statement in businesses?

Business

1 answer:

Juli2301 [7.4K]2 years ago

5 0

This is my own definition- I'm not sure if there are options.

But a mission statement is when a business has a goal to where there business is going and what they want to acheive with said goal.

If you have options for the answer, I'd be happy to help in that way too!

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If a company spends $14.4 million to install refurbished footwear-making equipment with capacity to produce 1 million pairs of a

Margaret [11]

The annual depreciation costs at that facility will rise by 10% or $1,440,000.

<h3>Annual depreciation costs</h3>

Life of the equipment = 10 Years

Salvage value = 0

Annual Depreciation= (Cost of equipment - Estimated salvage value) / Estimated useful life

Annual Depreciation= ($14.4 million- 0) / 10

Annual Depreciation= $1,440,000

Annual Depreciation= $1,440,000/$14,400,000 ×100

Annual Depreciation= 10%

Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.

Learn more about annual depreciation cost here:brainly.com/question/15872169

4 0

2 years ago

Elton used a decision rule that says, "only buy well-known brand names" when selecting a television set. he did not look at pric

anzhelika [568]

Answer: C) noncompensatory rule

Explanation:

The non-compensatory rule is used to describe a situation where a person does not believe that the good traits of a product in one area will compensate for perceived bad traits in another area.

For Elton, the good trait is well known brand names and the bad trait is brand names that are not well known. Even if for the brand that is not well known, the price is lower, the discount is higher or the store is well known, these still will not be enough to compensate for the bad trait of not being well known.

3 0

2 years ago

Kendra has a difficult project due for her chemistry class next week. What time-wasting activity should she make sure she does n

GuDViN [60]

Procrastinating
Procrastination is the avoidance of doing a task which needs to be accomplished. It is the practice of doing more pleasurable things in place of less pleasurable ones, or carrying out less urgent tasks instead of more urgent ones, thus putting off impending tasks to a later time.

3 0

2 years ago

A stock’s price fluctuations are approximately normally distributed with a mean of $29.51 and a standard deviation of $3.87. You

Ivahew [28]

Answer:

$34.46

Explanation:

In this Question there is Highest value of 10% and the probability of 90%.

we will use following formula to calculate the highest value of the stock

z value = ( x - mean ) / Standard deviation

where

x = the highest value

z score value at 10% = 1.28

Placing value in the formula

1.28 = ( x - $29.51 ) / $3.87

1.28 x $3.87 = x - $29.51

$4.9536 = x - $29.51

x = $4.9536 + $29.51

x = 34.4636

8 0

3 years ago

Selma owns a roofing business. She enjoys being her own boss, but her satisfaction comes at a price. Her days are filled with or

Basile [38]

Answer:

D. Sole proprietorship.

Explanation:

We know it's definitely is a sole proprietorship because of 'unlimited personal liability' which is a key characteristic.

Selma's business is not a joint venture because she is the only person who invested and runs the business whereas a joint venture is created by two or more entities or 'shared ownership'

Nor is it a corporation for this is an 'organization' owned and manned by many people but is regarded as a single entity. Neither is her business an s corporation because that just the same as a corporation but just with different tax regulations.

3 0

3 years ago