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Advocard [28]
3 years ago
7

When performing the managerial task of planning, managers organize people into departments according to the kinds of job-specifi

c tasks they perform. encourage all employees to perform at a high level to help the organization achieve its vision and goals. establish alliances between different organizations to share resources and produce new goods and services. decide which goals the organization will pursue and what strategies will achieve those goals. use power, personality, and communication skills to coordinate the activities of people and groups.
Business
1 answer:
Shkiper50 [21]3 years ago
5 0

Answer:

decide which goals the organization will pursue and what strategies will achieve those goals.

Explanation:

To perform the planning task, managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. The three steps involved in the planning area

(1) deciding which goals the organization will pursue,

(2) deciding what strategies to adopt to attain those goals, and

(3) deciding how to allocate organizational resources to pursue the strategies that attain those goals. How well managers plan and develop strategies determines how effective and efficient the organization is—its performance level.

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A demand for a product or resource because of its contribution to the final product is called
tino4ka555 [31]

Answer:

Derived demand

Explanation:

Derived demand occurs when a good is requested not for benefits they directly provide, but for their contribution to another product.

For example capital, land, labour, and raw materials are demanded for their role in producing a final product.

So they can be seen as goods that have derived demand.

When they demand for the final product increases the good that has derived demand also increases, and vice versa.

8 0
3 years ago
A profit maximizing competitive firm in a market with NO externalities will produce the quantity of output where
Viktor [21]

A profit maximizing competitive firm in a market with NO externalities will produce the quantity of output where

  • price = marginal cost
  • marginal revenue = marginal cost
  • marginal benefit = marginal cost

Option D

<u>Explanation: </u>

All of the options are true.

In a highly competitive market, companies set marginal incomes at marginal cost level (MR= MC) in order to make a profit. MR is the pitch of the profit curve, which represents the (D) and price (P) of the demand curve as well.

It is necessary to have positive, or negative economic benefits in the shorter term. The company profits whenever the price exceeds the total average cost. The company loses on the market if premiums are less than average total costs.

5 0
3 years ago
An ethical issue is a problem, situation, or opportunity a. requiring an individual, group, or organization to choose among seve
katovenus [111]

Answer: Requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong, ethical or unethical.

Explanation:

An ethical issue is a point where an Individual/Organization has to make a decision on whether an action taken or yet to be taken, is right or wrong, ethical or unethical.

5 0
3 years ago
Question 6 ________ refers to all of the methods, policies, and organizational procedures that ensure the safety of the organiza
Elina [12.6K]
¨Controls¨ refers to all of the methods....
5 0
3 years ago
Mountain View Resorts purchased equipment at the beginning of 2021 for $46,000. Residual value at the end of an estimated four-
nasty-shy [4]

Answer:

(1) straight-line = $9,975

(2) double-declining- balance = $23,000

(3) activity-based = $6,982.50

Explanation:

purchase cost $46,000

useful life 4 years

residual value $6,100

total operating hours 12,000

(1) straight-line = ($46,000 - $6,100) / 4 years = $9,975 fo 2021

(2) double-declining- balance = 2 x ($46,000 / 4 years) = $23,000 fro 2021

(3) activity-based = 2,100 hours x [$46,000 - $6,100) / 12,000 hours] = 2,100 x $3.325 = $6,982.50

The double declining method is considered an accelerated depreciation method, that is why it is so high.

5 0
3 years ago
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