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Tomtit [17]
3 years ago
6

Define lifestyle goals

Business
1 answer:
navik [9.2K]3 years ago
5 0
Lifestly goals are goals that can be achieved in your lifestlye

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(Consider This) In the middle ages, the French government auctioned off monopoly rights to the sale of salt. Economic theory pre
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6 0
3 years ago
select 3 goals or objectives that a leadership plan might include to achieve a solid business strategy.
Nezavi [6.7K]

In order to achieve solid business strategy in the leadership plan, the three goals the leadership plan includes are attracting new customers, increasing revenue, and decreasing cost price.

The three main goals in order to achieve solid business strategy in the leadership plan are targeting and attracting new customers, decreasing the cost price of goods or services being offered, and increasing the revenue.

The detail of these goals is given below:

  1. Attracting new customers is considered an important leadership goal as it increases market share and promotes competition with other brands. New customers are important in terms of sales. It is needed for a business to grow.
  2. Increasing revenue It is considered an important leadership goal because the basic purpose of every business is to earn profit. More growth means more profit. If an organization will be able to increase its revenue it will be able to maximize its profit.
  3. Decreasing cost price It is considered an important leadership objective because if the sale remains same then the company will earn more profit. The cost is linked directly with profitability. More profit means more growth of the company.

Therefore attracting new customers, increasing sales of product and services offered and decreasing cost are considered three goals that a leadership plan must include to achieve business strategy.

You can learn more about business strategy at

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3 0
2 years ago
Management's plan for making money in a particular line of business and the revenue-cost-profit economics of the company's strat
vazorg [7]

Management's plan for making money in a particular line of business and the revenue-cost-profit economics of the company's strategy is Strategic Management.

Strategic Management is the most widely recognized approach to spreading out goals, frameworks, and focuses to make an association or affiliation more serious. Consistently, the fundamental organization looks at effectively passing staff and resources on to achieve these targets.

In business, it is critical because it allows an association to look at districts for useful improvement. Generally speaking, they can understand either a consistent connection, which recognizes likely risks and opens entryways, or simply notice essential standards.

An association could choose to follow either a prescriptive or elucidating method for managing the executives. Under a prescriptive model, frameworks are delineated for development and execution. On the other hand, an elucidating model portrays how an association can cultivate these frameworks.

To learn more about Strategic Management.

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4 0
2 years ago
Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-st
Katarina [22]

Answer:

MULTI-STEP

Sales Revenue  96,948.00

Sales commissions <u>(8,428.00)</u>

Net Sales          88,520.00

COGS                 <u>(61,018.00)</u>

Gross Profit          27,502.00

Depreciation          (11,336.00)

Delivery Expense  (3,138.00)

Salaries expense  (5,348.00)

<u>Operating Income   7,680.00 </u>

Rent revenue            17,678.00

Interest expense  (2,308.00)

<u>Non-Operating         15,370.00 </u>

Earning Before Taxes  23,050.00  

Income Tax  (9,518.00)

Net Income  13,532.00  

Shares 40,550

EPS  0.33  

ONE-STEP

Sales Revenue   96,948.00

Sales commissiones<u> (8,428.00)  </u>

Net Sales            88,520.00

COGS                  <u>  (61,018.00)  </u>

Gross Profit            27,502.00

Rent Revenue    17,678.00

Depreciation           (11,336.00)

Delivery Expense     (3,138.00)

Salaries expense    (5,348.00)

Interest expense <u>   (2,308.00)   </u>

EBT                     23,050.00  

Income Tax        <u>     (9,518.00)   </u>

Net Income            13,532.00  

Explanation:

The multi-steps calcualte the operating income and the non-operating income (from other activities and interest which aren't directly linked to the main activity of the company) While the one step just calcualte directly through earnings before taxes after solving gross profit.

6 0
3 years ago
Read 2 more answers
Brown Fashions Inc.'s December 31, 2014 balance sheet showed total common equity of $4,050,000 and 290,000 shares of stock outst
Illusion [34]

Answer:

$15.17

Explanation:

Given that;

Beginning book value = $4,050,000

Net income = $450,000

Dividends = $100,000

Ending book value = Beginning book value + Net income - Dividends

Ending book value = $4,050,000 + $450,000 - $100,000

Ending book value = $4,400,000

Book value per share = Ending book value / Number of shares

Book value per share = $4,400,000 / 290,000

Book value per share = $15.17

3 0
3 years ago
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