Answer:
TRUE
Explanation:
Remember that a prosperous economy does not imply the most happy country or economy.
Therefore high rates of crime, substance abuse, insecure employment, and family dissolution may exist, but <em>the scale in which this occurs</em> may be relatively lower when compared to a poor economy.
For example, the scale of such vices in United States is lower than in Mexico a poorer economy.
Answer: The planning process begins with two attributes:
- A mission statement : focuses on the <u><em>current perspective</em></u> of the organization, describes general way of their capacities, their approach to the client and their activities. Is a starting point for the elaboration of the strategic vision.
- A vision statement : The fact of arriving at a well-reasoned conclusion of the company's <u><em>long-term direction</em></u> drives administrators to study the current business in detail and to develop a clearer idea of whether it is change is necessary and how to do it within the next 5 to 10 years.
Explanation:
What do we want to become? VISION STATEMENT
What is our reason for being? MISSION STATEMENT
What are the costs? VISION STATEMENT
How much money can I make? VISION STATEMENT
What are the risks? VISION STATEMENT
What products do we offer at a profit? MISSION STATEMENT
Guns and butter refers to a famous model explaining the relationship between two goods that are important for a nation's economic growth.
Read more: What does "guns and butter" refer to? https://www.investopedia.com/ask/answers/08/guns-butter.asp#ixzz554nwDHLU
Answer:
The correct answer is $240.
Explanation:
According to the scenario, the computation of the given data are as follows:
Number of contracts = 4
Troy Number = 100
End price = 1,285.30
Purchase price = 1,284.7
So, we can calculate the profit or loss by using following formula:
Profit / Loss = Number of contracts × Troy number × ( End Price - Purchase price)
By putting the value, we get
Profit / Loss = 4 × 100 × (1285.30 -1284.7)
Profit = $240