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3 years ago

The detailed formulation of future actions to achieve a particular end is a management activity called_________

Business

1 answer:

Ann [662]3 years ago

7 0

Answer:

Planning

Explanation:

Planning is one of the 4 planning process functions. Other functions are organizing, leading and controlling. Planning is the primary function as it lays out the action plan that needs to be implemented to achieve organizational goals and objectives. Planning involves foreseeing the future and identifying different ways to achieve the predetermined objectives. It is one of the important functions of management as all other functions are dependent on this function.

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A 10% rise consumer income results in a 4% decrease in the quantity demanded for pasta. the income elasticity of demand for past

Stells [14]

The income elasticity of demand for pasta is -0.4 based on the data from the question above. The answer to this problem can be solved using the elasticity formula which stated as ED = Q percent change / I percentage change where ED is the elasticity of demand, Q is the quantity of the product, and I is the consumer's income. (Calculation: -4%/10%=-0.4)

5 0

3 years ago

Ruston Company Income Statement January 1 to December 31, 2017 (amounts in thousands) 7,800 1,560 6,240 780 700 500 4,260 70 4,1

uranmaximum [27]

Answer:

The Net Cash Flow is -$4,686,000.

Explanation:

Note: The data in this question are merged. The complete question with the sorted data are therefore provided before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answers is now provided as follows:

Net Cash Flow can be determined by preparing the cash flow statement as follows:

Ruston company

Cash Flow Statement

For the Year Ended December 31, 2017

Details $’000 $’000

Cash Flows from Operating Activity

Net Income 2,514

Adjustment to net income

Depreciation expense 700

Increase in accounts receivable (600)

Increase in accounts payable 300

Net Cash Flows from Operating Activity 2,914

Cash Flows from Investing Activity

Increase in Gross Property, Plant, & Eq. (8,300)

Net Cash Flows from Investing Activity (8,300)

Cash Flows from Financing Activity

Increase in Long Term Debt 700

Net Cash Flows from Financing Activity 700

Net Cash Flow  (4,686) 

Therefore, the Net Cash Flow is -$4,686,000.

Download pdf

8 0

3 years ago

Which types of computers have all of the hardware integrated with the monitor?

oksano4ka [1.4K]

All-in-one computers are types of computers have all of the hardware integrated with the monitor.

All-one-computer was first designed in 1998 by Apple iMac. In this computer, all system components and hardware are just integrated into one unit.

3 0

3 years ago

A multldomestlc strategy Is the most approprlate strategy for International operatlons because Itdrlves economles of scale as fa

lord [1]

A multidomestic strategy is the most appropriate strategy for international operations because it drives economies of scale as far as possible and provides a middle-of-the-road product that appeals to the smallest number of consumers in every market.

True / False

Answer: False

Explanation:

Middle of the road products are products which may only be returned unopened. Many are therefore with no warranty.

Economies of Scale- An economics term that describes a competitive advantage that large entities have over smaller entities. Here we observe that there are cost reductions of products because the company increased its production.

Competition of products and services in the international environment may require one or more of these four basic strategies to enter and thrive; (1) global standardization strategy, (2) localization strategy, (3) transnational strategy, and (4) international strategy.

Each of these strategies has pluses and minuses.

The question above follows under localization strategy — multidomestic strategy .

In a multidomestic strategy - we see a firm whose strategic features aims to maximise benefits of meeting local market needs through extensive customisation of its products and services to the local market. Decision-making style of this strategy is decentralised such that demands of products and feedback are exclusively theirs and thus local businesses are treated as separate businesses. Strategies for each country probably are not mutually exclusive. Example of companies with this strategy include ms NESTLE, MTV etc.

Multidomestic strategy forces a firm to emphasis on differentiating its product and service offerings to adapt to the surrounding local markets.

Multidomestic strategy thus isn't the most appropriate strategy for to drive International operations.

7 0

3 years ago

Read 2 more answers

Charlotte Newsom worked as a cashier at a store. One day she was told to report to the manager's office, where she was accused b

Dafna1 [17]

Answer:No, because the staff members only threatened to arrest her if she left, and that she was free to leave at any time.

Explanation: False imprisonment is an intentional tort, defined under tort law as an act of restraining someone in a bounded area without any authority.

Bounded Area

- It can be a physical barrier such as locking someone where they can't get out,it involves using physical force to keep that person in that area. The bounded are is characterized by limited room for movement in any direction. If one can easily find means to escape from that area , without getting hurt this means the area is not bound but if there is a chance of getting physically harmed when one tries to escape then the area is bounded. Charlotte was in manager's office ,which has no limited movement.

A threat to harm this person or their family would also be counted as a bounded area.

A mere threat to imprison doesn't count as false imprisonment like in Charlotte was only threatened that if she leaves she will be arrested but we don't sense any sign that she will be injured if she left . The court always consider if the person had any fear that they will be injured if they left the place.

6 0

3 years ago