What is another factor that would be good to consider before choosing a career cluster?

Discuss the role that resources, organizational communications, and training play in the support and successful implementation o

igor_vitrenko [27]

Explanation:

A marketing plan is the set of well-defined actions that will help an organization achieve its marketing objectives and goals.

Therefore, for the process of implementing the marketing plan to be successful it must consider the systemic set that makes up the organization.

First, resources must be allocated in such a way that there is a possibility of complying with all the marketing actions provided for in the plan, it must be necessary to be available in the organization, equipment, qualified personnel, raw materials, etc.

Organizational communication is also essential for the correct transfer of information so that an effective workflow occurs, without noise or conflict. A good manager must know how to communicate clearly and accurately, in order to support employees and supervise the work so that the marketing objectives are met, in addition to encouraging the realization of the work in the best possible way.

Training is also important for the development of employees and for them to be able to carry out activities, this is also a way of engaging and motivating employees to achieve organizational expectations.

6 0

3 years ago

Fred is thinking of starting a bowling alley near a college campus. Fred is an expected utility maximizer with utility function:

vlada-n [284]

Answer:

$14,250

Explanation:

To determine what amount of money will make Fred take his chances and invest in this new business, we first have to solve this equation:

current wealth - (% chance of losing money x wealth after losing money)

$12,000 - (20% x $3,000) = $12,000 - $600 = $11,400

Then:

$11,400 / 80% of getting wealthier = $14,250

5 0

3 years ago

A mutual fund had NAV per share of $23.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $23.15. Income

Stella [2.4K]

The rate of return did an investor receive on the fund last year is : 8.87%.

<h3>Rate of return</h3>

Using this formula

Rate of return=(Dec fund's NAV -Jan fund's NAV +Income distribution+Capital gain distribution)/Jan fund's NAV

Let plug in the formula

Rate of return = ($23.15 - $23.00 + $.63 + $1.26)/$23.00

Rate of return =$2.04/$23.00×100

Rate of return = 8.87%

Therefore the rate of return did an investor receive on the fund last year is : 8.87%.

Learn more about rate of return here:brainly.com/question/24301559

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7 0

2 years ago

Which scenario below is an example of complementary products, based on their cross-price elasticity?A. Bananas and lettuce, with

ipn [44]

Answer: B. Shampoo and conditioner, with an elasticity of -3.5.

Explanation:

Complimentary products are those which see their quantity demanded move together because the goods usually compliment each other like tea and sugar.

Their Cross-price elasticity shows this by being a negative figure. This is because when the price of one commodity goes up, the quantity demanded of the other goes down because higher prices lead to lower quantity demanded.

The actual question showed that Conditioner and Shampoo had a cross-price elasticity of -3.5 so this is the correct answer.

3 0

3 years ago

Gradwell, Inc., manufactures and sells two products: Product K8 and Product I4. Data concerning the expected production of each

lisabon 2012 [21]

Answer:

Gradwell, Inc.

The overhead applied to each unit of Product I4 under activity-based costing is closest to:_______.

$243.00 per unit.

Explanation:

a) Data and Calculations:

production per unit DL rate Total Labor Cost

product K8 300 5.0 1,500 $17.20 $25,800

product I4 900 3.0 2,700 $17.20 $46,440

total direct labor hours 4,200 $17.20 $72,240

production per unit Direct Materials Total Material Cost

product K8 300 $150.20 $45,060

product I4 900 $243.70 219,330

Total direct materials costs = $264,390

Estimated Expected activity

Activity Cost Pools Activity Measures Overhead Product Product Total

Cost K8 I4

labor related DLHs $176,064 1,500 2,700 4,200

machine setups setups 71,290 400 600 1,000

order size MHs 121,396 4,300 4,600 8,900

Total $368,750

Overhead Cost Allocation Product Product Total

K8 I4

Labor cost $62,880 $113,184 $176,064

Machine setups 28,516 42,774 71,290

Order size 58,652 62,744 121,396

Total $150,048 $218,702 $368,750

Quantity 300 900

Overhead per unit $500.16 $243.00

4 0

3 years ago