Answer: The "Controlling" step of the management framework.
Explanation: Management principles have been categorised into 4 main functions namely: planning, organising, leading and controlling. In short this is known as the P-O-L-C framework. The aim of this framework is to act as a guide used to assist management in addressing challenges faced by the organisation.
In the monitoring step of the mission and vision statements development is analogous (related) to the controlling element of the framework. In this step, key milestones are identified and recognised over time. Using these milestones, progress is monitored and measured against the objectives of the organisation. Audit can be an important tool used during this step of the process, to confirm whether milestones are effectively monitored.
Answer:
The correct answer is $39,062.98.
Explanation:
According to the scenario, the given data are as follows:
Future value (FV) = $85,000
Time period (t) = 12 months × 10 years = 120 months
Interest rate (r) = 0.65% per month
So, we can calculate the present value by using following formula:
Present value = Future Value ( 1 / (1+r))^t
= 85000 × (1 / (1+0.65%))^120
= $39,062.98
Hence the present value that has to be deposit today is $39,062.98
Answer:
the value of the stock is $13.21 per share
Explanation:
The computation of the value of the stock is shown below:
The Value of the stock is
= Constant annual dividend ÷ discount rate
= $1.75 ÷ 0.1325
= $13.21 Per share
Hence, the value of the stock is $13.21 per share
We simply applied the above formula so that the correct value could come
And, the same is to be considered
This scenario is considered a Pareto Improvement. In neoclassical economics, a pareto improvement is an action done in the economy that does no harm in the process but helps at least one of the transacting bodies. No one will be harmed by the selling of the book and the two parties will instead be helped.
