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2 years ago

_____ goals are set by and for an organization's top management. a. Operational b. Diversification c. Strategic

Business

1 answer:

Alona [7]2 years ago

3 0

Answer:

c. Strategic

Explanation:

Strategic decision is the long term decision of the organization and decide the strategy of the organization, which is the responsibility of the top management. Lower management contributes to achieve these long term objective by achieving short term objective which is align with the strategy of the organization.

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Which of the following statements is correct?a. Monopolistic competition is similar to monopoly because both market structures a

nata0808 [166]

Answer:

The correct answer is (A)

Explanation:

Monopoly and monopolistic competition are similar in many ways. In both type of markets the firms are usually the price makers. Being the only firm in the market gives them an opportunity to earn abnormal profits and in both cases firms earn abnormal profits. Perfect competition is a type of market that is totally different in terms of number of sellers and buyers. In perfect competition firms are the price takers.

4 0

3 years ago

Real income can be determined by:

nlexa [21]

Answer:

The answer is D. Deflating nominal income for inflation.

Explanation:

Real income is how much money an individual or entity makes after accounting for inflation. it is the income of an individual or a nation after adjusting inflation. It is calculated by dividing nominal income by the price level.

Hence we can say real income is determined by Deflating nominal income for inflation

7 0

3 years ago

Crowl Corporation is investigating automating a process by purchasing a machine for $793,800 that would have a 9-year useful lif

Vsevolod [243]

Answer:

Simple rate of return is 5.8%

Therefore option (a) is correct option.

Explanation:

It is given that purchase cost = $793800

Company saving per year = $133000

Yielding = $21200

Annual depreciation = $88200

Annual profit = $133000 - $88200 = $44800

Net investment is equal to = $793800 - $21200 = $772600

Simple rate of return $=\frac{44800}{772600}=0.0579$

= 5.8%

Therefore simple rate of return is 5.8 %

So option (a) is correct.

6 0

3 years ago

You're prepared to make monthly payments of $400, beginning at the end of this month, into an account that pays 5 percent intere

Gre4nikov [31]

Answer:

Explanation:

In this question we use the NPER function that is shown in the excel spreadsheet

Given that,

Present value = $0

Future value or Face value = $26,182

PMT = $400

Rate = 5% ÷ 12 months = 0.41666%

The formula is shown below:

= NPER(RATE,PMT,-PV,FV,type)

The PMT come in negative

So, after solving this, the number of payments is 58

6 0

2 years ago

Suppose for a particular good that when the price rises from $25 to $35 that the quantity supplied rises from 1,000 units to 1,4

Strike441 [17]

Given:

Q0 = 1000 units
Q1 = 1400 units
P0 = $25
P1 = $35

Required:

Price elasticity of Supply =?

Solution:

The price of elasticity of supply is a ratio between the change in quantity demand and the change in pricing. Thus, it can be calculated as:

Price of elasticity of Supply = (Q1-Q0)/((Q1+Q0)/2) ÷ (P1-P0)/((P1+P0)/2)

Subsituting values,

Price of elasticity of Supply = (1400-1000)/((1400+1000)/2) ÷ (35-25)/((35+25)/2)

Price of elasticity of Supply = 1

8 0

3 years ago