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egoroff_w [7]
3 years ago
14

A Mission Statement gives guidance the portfolio of programs and projects in an organization. Project managers should be able to

‘connect’ their projects to the mission statement. An easy way to summarize a mission statement is that it:_________
Business
1 answer:
Juli2301 [7.4K]3 years ago
5 0

Answer: Guides the way a company runs its operations.

Explanation:

From the question above, we can already see that a mission statement guides the operations in an organization, and project managers must always align their projects to the mission statement of an organization.

Therefore we can define a mission statement as the summary of a company's aims and values.

The aims and values of a company are what make the company operate the way it does. For example, a company with a mission statement of A Greener Earth will ensure that it produces little or no greenhouse gases, and it will also produce goods and services that combat global warming.

Summarily therefore, a mission statement guides the way a company runs its operations.

You might be interested in
Janes, Inc., is considering the purchase of a machine that would cost $410,000 and would last for 5 years, at the end of which,
ki77a [65]

Answer:

- $33,678.21

Explanation:

Cash flow Summary of the Project will be as follows

Year 0 = $410,000 + $3,000 = - $413,000

Year 1 = $101,000

Year 2 = $101,000

Year 3 = $101,000

Year 4 = $101,000

Year 5 = $101,000 + $41,000 + 3,000 =  $145,000

So the Net Present Value can now be calculated using the CFj function of a Financial calculator as follows :

- $413,000 CF 0

  $101,000 CF 1

  $101,000 CF 2

  $101,000 CF 3

  $101,000 CF 4

 $145,000 CF 5

i/yr = 13%

Shift NPV = - $33,678.21

5 0
3 years ago
What is cash flow?...................................
notka56 [123]

Answer:

Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company's ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow

Explanation:

3 0
3 years ago
The sales team at Rue and West Bros., a logistic company, has successfully met its target for profits specified last year. Upon
Vinil7 [7]

Answer:

The sales team will move to the <u>Transforming</u> stage of group development

Explanation:

Bruce Tuckman developed 5 stages of group development.

1) Forming Stage - In this stage the team required high degree of guidance from the manager also the role are unclear in this stage and processes are also not well established.

2) Storming Stage - In this stage the group starts understanding how team decisions are made and purposes in this stage are very clear but the team relationship need to be bonded yet.

3) Norming Stage - In this stage teams relationships starts to bond and understood by the group all members are committed to the team goals and starts trying to achieve it as a team.

4) Performing Stage - In this stage Teams are committed to perform well and the focuses are bends towards the strategies that are made by team to achieve goal and bound with little oversight.

5) Adjourning/ Transforming Stage- In this basically after achieving the  goals/target team starts breaking up is known as Adjourning stage and the stage at which after achieving the goal the teams move forward to achieve goal and set new targets is known as <u>Transforming stage.</u>

4 0
3 years ago
(a) What is the average useful power output of a person who does 6.00×106 J of useful work in 8.00 h? (b) Working at this rate,
netineya [11]

Answer:

(a) 208.33 J/s

(b) 141.12 s

Explanation:

(a) Energy is the rate of doing work.

Work is the product of power and time

Work = Power × Time

Power = Work/time

where work is in joule and time is in seconds

Given that work = 6 × 10^{6}

Time = 8 h = 8 × 60 × 60

 = 28800 seconds

Average useful power = \frac{6 ×10^{6} }{28800}

                                     = 208.33 J/s

(b) Given

mass = 2000kg , using g = 9.8 m/s2

Force = 2000 × 9.8

          = 19600N

Work =  Force × Distance ( considering that Work done to lift his body can be omitted because it is not considered useful output here)

Work = 19600 × 1.5

        = 29,400J

Time taken = Work/Power

                  = \frac{29400}{208.33} \\

                  = 141.12s

                  ≈ 2 Minutes 21 Seconds

At the rate of 208.33J/s, it will take the person 141.12 seconds to lift 2000 kg of bricks 1.50 m to a platform.

5 0
3 years ago
Lake Company reported beginning and ending Total Assets of $25,000 and $35,000 respectively. The Net Sales for the year were $15
Leto [7]

Answer:

0.50

Explanation:

Calculation for What is the asset turnover ratio

Using this formula

Asset turnover ratio=Net sales /Average total assets

Let plug in the formula

Asset turnover ratio=$15,000 / (($25,000 + $35,000)/2)

Asset turnover ratio=$15,000/($60,000/2)

Asset turnover ratio=$15,000/$30,000

Asset turnover ratio= 0.50

Therefore the asset turnover ratio will be 0.50

7 0
3 years ago
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