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Strike441 [17]
3 years ago
13

Frederick is about to start a small manufacturing business soon. He has asked some of his friends, who are entrepreneurs, for ad

vice. They have told Frederick that he needs to have a business plan in place. Frederick wants to know why a business plan is so important. Which of the following statements would be true?
A. A business plan will help Frederick attract and persuade investors.
B. A business plan will help Frederick guarantee profits in the future.
C. A business plan will help Frederick trick potential customers.
D. A business plan will help Frederick choose the type of product his business should manufacture.
Business
2 answers:
NemiM [27]3 years ago
7 0

A business plan will help Frederick attract and persuade investors.  A business plan is primarly used to explain the business to potential stakeholders like investors.

adell [148]3 years ago
7 0

Correct answer is Option A, A Business Plan will help Frederick attract and persuade investors.

Frederick is an entrepreneur. He is starting a new business. Many of his friends are entrepreneurs. He asked them for the advice. They told Frederick that he needs to have a business plan. Frederick wants to know why business plan is so important. So the importance of business plan is inevitable. Your business plan determines the future of your business. If your business plan is influential, it will attract investors. Investors will see the potential in your business through your business plan and they will want to invest in your business. So a business plan is very much important while starting a business.

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site:coursehero.com why is it crucial to collect and analyze data when planning professional development sessions?
Neporo4naja [7]

Students are required to evaluate and analyze the data they gather in order to develop explanations for their results.

<h3>What is analyzing data?</h3>

To analyze anything is to break it down into its component parts and look at each one separately. Getting raw data and turning it into information that users can use to make decisions is the process of data analysis. In order to find answers, validate theories, or test hypotheses, data is gathered and evaluated.

Data analysis, according to statistician John Tukey, is:

"Procedures for analyzing data, techniques for understanding the findings of such procedures, methods for organizing the collection of data to make its analysis simpler, more accurate, or more precise, and all the equipment and results of (mathematical) statistics which apply to analyzing data."

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7 0
2 years ago
A manager should attempt to maximize the value of the firm by changing the capital structure if and only if the value of the fir
faust18 [17]

Answer:

Option a                                

Explanation:

In simple words, value maximization refers to the process under which the managers of an organisation tries to make or increase the existing economic profits, that is, the money left with the organisation after paying for the obligations of all the money providers including the lat in hierarchy, the equity shareholders.

Value maximization can be performed by changing the capital structure which affects the payment obligations. The value maximization affects all the stakeholders of the organisation therefore, the decision should be made by tasking into consideration them all.

6 0
3 years ago
You are evaluating shares in Honeywell International (HON). They currently pay an annual dividend of $4.00 per share this year a
xxTIMURxx [149]

Answer:

$84

Explanation:

Calculation for what is the value of HON shares

Using this formula

Value of HON shares=(Expected dividend next year)/(Discount rate -Growth rate of dividend)

Let plug in the formula

Value of HON shares= 4(1+.05)/(.10-.05)

Value of HON shares= (4.2/ .05)

Value of HON shares= $84

Therefore the Value of HON shares will be $84

7 0
3 years ago
If an investor purchases $1,000 face amount of an 8orporate bond at 93, and the bond is scheduled to mature in 2028, what will t
Nastasia [14]

The amount to be paid on maturity is $100,440

Given that;

Purchase value of 8% corporate bond at 93 = $1,000

Find:

The amount to be paid on maturity

Computation:

Interest amount = Face value of bond × Price × Interest

Interest amount = $1,000 × 93 × 8%

Interest amount = $7,440

The amount to be paid on maturity =  $7,440 + $93,000  

The amount to be paid on maturity = $100,440

In finance, maturity or maturity date is the final payment due date of a loan or other financial instrument such as a bond or term deposit upon which principal (and remaining interest) is paid.

Maturity is the date on which the life of a trade or financial instrument ends, after which it must be renewed or cease to exist. The life of a bond is the period during which its holder receives interest payments on their investment. When the bond matures, the holder will be refunded the face value. The maturity may change if the bond has a put or call option.

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7 0
2 years ago
A loyalty program is: a. a program that rewards suppliers when delivery of products and services exceeds expectations. b. an ana
Ray Of Light [21]
<h2>A reward system for customers based on the amount of business they do with your business.</h2>

Explanation:

A loyalty program is organized once again to promote business and to get in touch with the effective customer to keep up business. Only selected customers who are keeping the business on will be invited.

Option A: Rewards are not for suppliers, it is for customer

Option B: It is not analysis. It is basically to appreciate customer based on the analysis

Option C: The right answer as explained above

Option D: This is closely related to product promotion but missing the attribute of "appreciating customers".

7 0
3 years ago
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