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Leokris [45]
4 years ago
12

What is business management?​

Business
1 answer:
Elden [556K]4 years ago
7 0

Answer:

Business management is they managing the coordination and organization of business activity.

Explanation:

Business management is the charging of planning, organizing, directing and controlling the resource of the business meet the objectives of the policy.

  • Business management they include the production of money, materials and involves both innovation and marketing.
  • Business management directors they responsibility and power to look over an enterprise and make decisions.
  • Business management functions include the organizing, planning, staffing,leading and controlling an organization.
  • Management is necessary to facilitate a united effort toward achieving the company goals.
  • Business management they provide a foundation for the both strategic business as any associated management activity.
  • Business management system is to give management the tool for their activity and measure the performance of a business.
  • Business management are defined activity the business standards that identified in the company policies.
  • Business management should be executed on the time frames that are in the document for the business management strategy.

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Environmental scanning is the act of analyzing the critical external contingencies and trends facing an organization in terms of
alekssr [168]

Answer:

The correct answer is the option B: economic conditions, competitors and customers.

Explanation:

To begin with, the term of <em>environmental scanning</em> refers to the action of analyzing the forces, both internal and external, whose actions affect the organization in its whole and may give the company opportunities or threats, sthrengths or weaknesses. Moreover, when refering to the external part of the analysis the most important groups to have in mind are those outside the organization and that it may not take control over decisions directly. Those items or groups are: <u>the competitors, the customers, economic conditions</u>, the government, market suppliers, intermediaries and more.

5 0
4 years ago
A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its suga
Fiesta28 [93]

Answer:

Consumer activism

Explanation:

From the question we are informed about A major beverage company faced criticism of various groups and parents for contributing to childhood obesity by selling its sugar-rich products in schools. As a result, the company partnered with the American Beverage Association and the Alliance for a Healthier Generation to offer lower-calorie and healthier beverages in school vending machines. In this scenario, the cause of the is Consumer activism. Consumer activism can be regarded as process whereby activists stand and seek to influence the process and ways that producers use in production and delivering of goods or services. Definition by Kozinets and Handelman explained it as any social movement that is been raised as society's drive as regards consumption and to detriment of business interests.

5 0
3 years ago
You will want to invest in a business that requires an initial investment of $5,250. The business is expected to produce cash fl
masya89 [10]

Answer:

68.57%

Explanation:

Recall that rate of return is the net gain or net loss that an investment yield over a given period of time expressed as a percentage of the initial investment cost.

Given that

Initial investment cost = 5250

Total returns or revenue = cash flow (year 1 + year 2 + year 3 + year 4)

= 750 + 1000 + 850 + 6250

= 8850.

Therefore,

rate of returns = (current value - initial value) ÷ initial value

= 8850 - 5250 ÷ 5250

= 3600 ÷ 5250

= 0.6857

= 68.57%

7 0
3 years ago
Read 2 more answers
One major role of firms is to manage risk. Consumers do not want to pay for products of unknown quality or where the delivery da
OlgaM077 [116]

Answer:

uncertainty                

Explanation:

Uncertainty basically means an occurrence is lacking in assurance or certainty. Uncertainty in accounting refers to the inability to predict outcomes or results, because there is a lack of knowledge or foundations from which to create some assumptions.

The concept is often commonly used by the financial reporting, particularly given that there are many things outside the influence of a business that can significantly affect its activities. Because financial choice taking during times of uncertainty is much harder, many business owners avoid making one to avoid creating issues.

5 0
3 years ago
Bill is the owner of a house with two identical apartments. He resides in one apartment and rents the other apartment to a tenan
Mnenie [13.5K]

Answer:

B. $2,600

Explanation:

The computation of the net rental income is shown below:

= Monthly rental payments × total number of months in a year - (utilities + maintenance & repairs  + insurance) × percentage - depreciation expense

= $550 × 12 months - ($3,600 + $900 + $500) × 50% - $1,500

= $6,600 - $2,500 - $1,500

= $2,600

Since only one apartment is on rent so we considered the expenses of the building at 50% not full value and the same is applied above

5 0
3 years ago
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