The executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
The business plan is a formal and written document which outlines the goals of the company, shows tasks to be performed and shows the financial plans to be use to accomplish the outlined goals.
The part of the business plan includes:
- Executive summary shows the summary of key points in the business plan.
- Marketing plan shows the promotion and marketing plans of the business.
- Key management bios shows the planned management structure of the business
- Financial plan shows the finance plans of the business
Therefore, the executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
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Answer:
includes a two-part exam, education requirements, and a work experience requirement
Explanation:
The CMA certification requires a minimum of a bachelor's degree, at least a two year work experience and passing a two part exam with at least 50%.
CMA focuses on financial analysis, budgeting, and strategic assessment.
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Answer:
Monthly withdrawal = $ 231.17 per month
Explanation:
Below is the calculation:
Deposit amount in the bank = $10200
Interest rate earned by the deposit = 4.19%
Monthly interest rate = 4.19% / 12 = 0.34917%
Number of periods = 4 years x 12 = 48
Amount in the account = Monthly withdrawal x (P/A, 0.34917%, 48)
10200 = Monthly withdrawal x 44.12246
Monthly withdrawal = 10200/44.12246
Monthly withdrawal = $ 231.17 per month
Answer:
Status Symbols
Explanation:
According to Oxford dictionary; a status symbol is "a possession that is taken to indicate a person's wealth or high social or professional status."
Hence status Symbols are external displays of the possessors' wealth and social status. These goods can not be possessed by people who do not belong to that social status or profession.