Answer: B
Explanation:
Budgetary slack is a cushion created in a budget by management to increase the chances of actual performance beating the budget. Budgetary slack can take one of two forms: an underestimate of the amount of income or revenue that will come in over a given amount of time, or an overestimate of the expenses that are to be paid out over the same time period. Budgetary slack is generally frowned upon because the perception is that managers care more about making their numbers to keep their seats and gaming the executive compensation system rather than pushing company performance to its potential. Managers putting a budget together could low-ball revenue projections, pump up estimated expense items, or both to produce numbers that will not be hard to beat for the year. It also provides flexibility for operating under unknown circumstances, such as an extra margin for discretionary expenses in case budget assumptions on inflation are incorrect, or adverse circumstances arise.
Answer:
competitive bid.
Explanation:
This is an example of competitive bid.
Answer: True.
Explanation:
Personalized services are services that are flexible in delivery and can change with individual preferences.
Smaller businesses find it easier to render customised services to their customers, because their customers are fewer and they are eager to get more, which makes them to put in extra effort, in satisfying each customer.
Bigger businesses have a larger customers population and has a difficulty most times in totally satisfying their every needs.
Answer:
The Luther's new share price is closest to $16
Explanation:
For computing the new share in case of the stock split, first we have to find out the value of total share which is shown below:
Value of share = Outstanding number of shares × price per share
= 5,000,000 × $40
= 200,000,000
Now we find out the outstanding shares after the stock split which equal to
= Value of share × stock split ratio
=5,000,000 × 5 ÷ 2
= 12,500,000
Then, compute the new share price which is equal to
= Value of shares ÷ stock split outstanding shares
= 200,000,000 ÷ 12,500,000
= $16
Hence, Luther's new share price is closest to $16
Incomplete question. The options;
A) Incorporate activities that directly involve the audience.
B) Explain how the information will help the audience.
C) Avoid jargon.
D) Compare unfamiliar concepts to familiar concepts.
Answer:
<u>C) Avoid jargon.</u>
Explanation:
Note, the term <em>"jargon"</em> basically refers to the use of highly complex or technical language in communication.
In this scenario, we observed that Adam did not take into consideration that the interns were<em> unfamiliar</em> with the complex terms he was using. Hence, an effective strategy he could have used in the above situation was to totally avoid the use of jargon in his communication with the interns.