For an effective communication to take place the selection of the most appropriate channel ( medium for convening information) for the intended audience is very important
Explanation:
The factors that are important in the determination of the most appropriate channel/Medium for communication are:
- Urgency of the message(Importance of the message)
- Confidentiality of the message and the medium
- Record(The business communication needs to be recorded)
- Cost incurred in sending the message
- Supporting Technology
- Distance
When determining the most effective channel for the message,one should initially consider the importance of the message.
Answer:
Champion
Explanation:
According to Techstars, the final stage of an entrepreneur's journey is champion. This represents start-ups that have a chieved great success like Google, and they are championing the enterpreneur's journey by working with enterpreneurs at earlier stages.
The initial stages of enterpreneur's journey is: inspire, discovery, founder, startup, scale, and finally champion.
Answer:
Radar's additional income for accepting the order is calculated as follows:
Sales - 320 x $460 = $147,200
less Cost of Sales = 320 x $180 + $48,000 = $105,600
Additional Income = $41,600
Explanation:
The additional income of $41,600 is $147,200 - $105,600, which is the result of deducting cost of sales from Sales.
The cost of sales includes the variable cost per bike, including the incremental fixed costs ($48,000) to make this order.
To make a decision whether to accept an order or not, the company needs to consider all variable costs, including the incremental fixed costs. The resulting additional income is what is available to offset the fixed costs.
