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3 years ago

Which of these statements about a business plan is true?

Business

2 answers:

Dimas [21]3 years ago

7 0

I think its D. hope this helps

Anika [276]3 years ago

7 0

Answer:

The correct answer would be option C, A business plan is a business's road map for the future.

Explanation:

A business plan is basically a written document, in which the goals of the company are written down. The methods to achieve those goals are also written down and the time to achieve the goals are specified. Goals with timelines and deadline are written. This helps a business in setting up a road map to move towards the set goals of the company. Established businesses always create and follow business plans as business plans guarantee a business's success.

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You work for a communication company whose employees are located both in a central location (the physical building) and remotely

In-s [12.5K]

Answer:

Videoconferencing.

Explanation:

Videoconferencing is also known as video conference and it can be defined as a type of real-time communication technology which typically avails users in different locations the opportunity to hold a conference over the internet by transmitting audio-visuals (both audio and video resources) to them.

Some examples of Videoconferencing software applications or programs used across the world are True-Conf Online, Zoom, Lifesize Go, Sky-pe, Go-ogle hangouts, UberConference etc.

In this scenario, you work for a communication company whose employees are located both in a central location (the physical building) and remotely across the country. Your project team wants to have online meetings in real time (synchronously) that include audio and video capabilities.

Hence, the technology which would best suit this purpose is Videoconferencing.

8 0

3 years ago

Swift Company was organized on March 1 of the current year. After five months of start-up losses, management had expected to ear

scoundrel [369]

A new income statement for August for Swift company is shown below.

Also, since the president has asked you to check over the income statement and make a recommendation as to whether the company should look for a buyer for its assets.

My recommendation would be to not buy.

Swift Company

Income Statement

For the Month Ended August 31

Particulars Amount (in $) Amount (in $)

Sales .............................................................. 450,000

Cost of goods sold:

Finished goods inventory, August 1 ............... 40,000

Add: Cost of goods manufactured ................. <u>310,000 </u>

Goods available for sale ................................ 350,000

Deduct: Finished goods inventory, August 31..<u> 60,000</u> <u> 290,000 </u>

Gross margin .................................................. 160,000

Selling and administrative expenses ................. <u>142,000</u>

Net operating income...................................... 18,000

Sam failed to distinguish between product costs and period costs when preparing the August income statement, and he also failed to recognize changes in inventories between the beginning and end of the month.

Once these errors are corrected, the company's financial situation looks much better, and selling the company may not be a good idea.

Hence, my recommendation would be not to buy.

Learn more about income statement:

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7 0

2 years ago

Because private owners are held responsible for damages their property causes to the property of others, private owners have

Nikitich [7]

I would say the answer is A

4 0

3 years ago

Read 2 more answers

_____ is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis

Mashcka [7]

Marketing research is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis are then communicated to management.

<h3>What is marketing research?</h3>

Market research, also known as "marketing research" is the process of determining the viability of a new service or product through research conducted directly with potential customers.

Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.

This type of research can be conducted in-house, by the company itself, or by a third-party company that specializes in market research. It can be done through surveys, product testing, and focus groups.

Test subjects are usually compensated with product samples or paid a small stipend for their time. Market research is a critical component in the research and development (R&D) of a new product or service.

To learn more about marketing research, refer

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7 0

2 years ago

2. Which of these would an item's producer be most likely to do if total revenue on that item began to

stealth61 [152]

Answer:

c. lower the price of that item

Explanation:

If the revenues from a product begin to fall, most probably the product is entering the decline stage of its product cycle. In the initial stages of the decline stage, sales begin to drop.

When sales begin to drop, producers implement strategies to try and keep the product in the market for a longer time. One of the ways of maintaining sales is to offer reduced prices. A producer cuts prices to woe customers to continue buying the product.

8 0

3 years ago