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Nikitich [7]
3 years ago
9

A petroleum refinery stockpiles crude oil so that it can easily switch between producing home heating oil and gasoline, dependin

g on relative demand. This is an example of _____ planning.
Business
1 answer:
irina1246 [14]3 years ago
6 0

Answer:

Strategic planning is the correct answer

Explanation:

Strategic planning is the plan that is established to analyze the business and to set objectives to reach the goal of the organization.

Strategic planning helps the organization in taking the decision and changing the process when required for the success of the organization.

Steps involved in Strategic planning are

  • To set a goal to clarify the vision of the business.
  • to gather and analyze the information.
  • To formulate and implement the strategy.
  • Evaluate and monitor performance.
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Selected data from the Florida Fruit Company are presented below: Total assets $1,500,000 Average total assets 1,850,000 Net inc
Mkey [24]

Answer:

13.5%

Explanation:

Relevant data provided for computing the profit margin which is here below:-

Net Income = $175,000

Net Sales = $1,300,000

The computation of profit margin is shown below:-

Profit Margin = (Net Income ÷ Net Sales) × 100

= ($175,000 ÷ $1,300,000) × 100

= 13.5%

Therefore for computing the profit margin we simply applied the above formula.

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4 years ago
The fact that there are now more single people going on vacation is a behavioral trend observed in the hospitality and tourism i
dimulka [17.4K]

Answer:

true

Explanation:

7 0
3 years ago
When plumbers from a local union stopped working during negotiations, management hired replacement plumbers so the effects on th
nadya68 [22]
When plumbers from a local union stopped working during negotiations, management hired replacement plumbers so the effects on their business would be lessened. These replacement plumbers are called strikebreakers.
3 0
3 years ago
Home of Households, Inc., has an appliance manufacturing plant in the Chicago area. The company specializes in producing smaller
Blizzard [7]

Answer:

The correct option is C

Explanation:

As company is producing or manufacturing in the area Chicago and produce or make the dryers and small washers for countries where the consumers have less living space. So, it participates in the global market by exporting. As exporting refers to exporting or transfer the goods to another country as they are produced in another country.

7 0
3 years ago
For classical utilitarians, happiness and pleasure are the only a. important goods. b. instrumental goods. c. intrinsic goods. d
morpeh [17]

Answer:

The correct answer is C

Explanation:

Intrinsic goods are those goods which is defined as those in relation to the instrumental goods. In short those goods which is something worthwhile not only as it leads to something else but for own happiness or pleasure.

For classical utilitarians, the only moral obligation is to maximize the utility through happiness and pleasure.

Therefore, the intrinsic goods are the only pleasure and happiness for the classical utilitarians.

7 0
4 years ago
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