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andreev551 [17]
4 years ago
11

Why is it important to project the first-year financial performance on a monthly basis and the subsequent yearly budgets, on a q

uarterly basis? Explain.
Business
1 answer:
Likurg_2 [28]4 years ago
7 0

<u>Answer:</u>

<u>To determine proper allocation of resources since the business is relatively new.</u>

<u>Explanation:</u>

Remember, by using the <em>monthly</em> forcasting method in the first year of operations, it allows for total monthly expenses to be weighed against the total monthly revenue.

However, after gathering some experience from the first year's operations, using the <em>quarterly</em> method would allow for easy comparism of the performance of preceding years. ,

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Nicoloss is a store that sells clothes, cosmetics, travel bags, and furniture to final consumers. Customer reviews indicate that
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Answer: Department store

Explanation: When an establishment offers products and services to end or final consumers in various product segments or categories, such stores are usually referred to as department stores. The word department means each product offering is separated or segmented with varieties to choose from. In the scenario above, Nicoloss store is composed of departments ranging from Clothing, Cosmetics, travel bags, furniture, which gives shoppers the opportunity to purchase from different categories of products on offer within the walls of a single store.

6 0
3 years ago
At the morning status meeting, everyone goes around the room and shares what has happened overnight with the computer system and
AlekseyPX

Answer: (A) He is an initiating-structure leader

Explanation:

  According to the given question, the Joel is basically refers to the initiating structure leader as this type of leaders initiating various types of action and the activities and it is also known as the task specific .

The main objective of initiating the structure leader is to achieve the desirable goals and focus on accomplished the given task.

The following are the function that is typically performed by the initiating-structure leader are as follows:

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Therefore, Option (A) is correct answer.

8 0
3 years ago
From studying Geert Hofstede’s cultural dimensions, what differences exist between the United States and Brazil that may be rele
Alex

Answer:

what differences exist between the United States and Brazil that may be relevant to your communication?

Using Geert Hofstede's cultural dimensions as a framework, we can determine that the United States is higher on individualism while Brazil is higher on collectivism.

The United States is also higher on restraint, while Brazil is higher on indulgence.

2. How can you use words to relate to each audience?

For the United States, you should use words that motivate individuals. For Brazil, you should words that motivate collective groups.

3. What images will you use for each audience?

Again, for the United States, you should use images that represent individualistic cultural values, while the opposite should be used for Brazil: picture that represent more collectivist cultural values.

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3 years ago
Which of the following is the best definition of transferable skills?
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Answer:

Skills that you may have learned in one context that you can take with you to many other contexts and industries.

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Considering the available options, the best definition of transferable skills is "Skills that you may have learned in one context that you can take with you to many other contexts and industries."

This is based on the fact that transferable skills are skills and talents or proficiency that are considered suitable and valuable across different situational roles, including social context, and professional context. Good examples are creativity, leadership, and time management.

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