The importance of goal setting is numerous and some of them include:
- Increased productivity
- Helps one to focus on goals
- They improve self-mastery
<h3>What is Goal Setting? </h3>
This refers to the process where a person takes proactive measures towards achieving a set goal.
Hence, we can see that goal setting helps one to stay focused and find working systems to achieve them and when writing about goal setting, the main idea would always be how to be more productive.
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Answer:
Brand dilution
Explanation:
Brand dilution can be referred to as the reduction in the value of a particular brand.
Common causes of brand dilution include:
- Expanding into new market segments without careful consideration of how much value such product will add to the brand.
- Production of products that are not up to standards with the previously produced ones, this inconsistency could lead to loss of customers trust in the brand.
Suppose the country of montgomery has specialized in the production of a good but has not yet entered into trade. At this point in time, montgomery has <u>moved along its existing production possibilities curve.</u>
<u></u>
A production posibilities curve in economics measures the maximum output of goods and the use of a fixed quantity of input. The input is any aggregate of the four elements of manufacturing: natural resources (which include land), hard work, capital goods, and entrepreneurship.
for example, say an economic system produces 20,000 oranges and 12000 apples. On the chart, it truly is point B. If it desires to produce greater oranges, it ought to produce fewer apples. In the chart, factor C suggests that if it produces 45,000 oranges, it could most effectively produce 85,000 apples.
By means of describing this trade-off, the curve demonstrates the idea of possible price. Making greater than 1 precise will price society the opportunity of making greater of the other excellent.
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Answer:
If you would like to start a company with decentralized decision making regarding day-to-day operations, but a central body of managers provides help with branding, training, and even resources and help to set up and operate the business, you might BEST consider A decentralized management structure.
Explanation:
A decentralized management structure is one in which decision-making authority is delegated to the lower level throughout the organization rather than limiting it to a few top executives. Under a strong decentralized organization, the lower level managers and employees have power to make decisions.
With this management structure in place, there is:
- Increased expertise at each division,
- Faster turnaround time in decision making
- Time and cost effectiveness for top level management
- Increased motivation due to mass participation.
Answer:
C. a debit to Bad Debts Expense account
Explanation:
using the direct write-off method, we do not use the allowance. At write-off we recognize the directly the bad debt expense and decrease the accounts receivable.
Is important to notice that the direct method violates the accounting matching principles as, it recognize an expense based on events which occured at prior periods
