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rosijanka [135]
2 years ago
8

Every year, Shawna Stuart, the Director of Sustainability at Academic University, sees students throwing away perfectly good fur

niture and household items when they get ready to leave the dorms. And even though Academic U is considered to be one of the best schools in the country, 30% of the people in its surrounding communities earn poverty-level wages. Shawna knows that there must be some way to get all those chairs, couches, tables, and kitchen goods to people who really need them, but she needs some help in figuring out how to do it. Fortunately, you are the president of your school’s Business Honor Society, and your group wants to create a new non-profit organization this year. Shawna’s dilemma is perfect for your team, and together, you decide to create a new organization, Share Your Stuff.
Today, you are meeting with your team of four students, Shawna, and Alfonso Alvarez, the Store Manager for your local Goodwill store. You want to do some planning for the upcoming year. First on the agenda, the group agrees to create a strategic goal for the organization.

Which of the following is a question that you should ask during the development of strategic goals for the organization?

a. Should our company focus more on giving things away, or on selling things for a reduced price to those in need?
b. Last year, the Office of Sustainability collected 75 usable couches from students, but they were only able to give away 25 of them. What can Share Your Stuff do to give away more couches this year?

After some discussion, the group agrees that they want to create an ongoing, sustainable organization that eliminates at least 50,000 pounds of waste and raises at least $10,000 to pay for organizational expenses. Now that the team has a good idea for a strategic goal, it is important for them to identify a strategic plan that can be used to achieve the goal.

What time-frame should the group consider for this plan?

a. Short-term (One year or less)
b. Long-term (Five years or more)
Business
1 answer:
lawyer [7]2 years ago
8 0

Answer:

1. The question that you should ask during the development of strategic goals for the organization is:

a. Should our company focus more on giving things away, or on selling things for a reduced price to those in need?

2. The time-frame that the group should consider for this plan is:

b. Long-term (Five years or more)

Explanation:

A strategic plan is made up of the organization's mission, vision, and values, as well as its long-term goals.  These are backed up with the action plans for attaining the long-term goals.  A strategic plan should involve the whole of the organization and remain futuristic.  It does not concentrate on short-term objectives.  Instead, a strategic plan concentrates on long-term goals with its duration period lasting five years or more.

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Lynna [10]

Answer:

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2 years ago
This step in international market research often relates to the cost of collecting primary data that can address the research pr
shepuryov [24]

Answer:

assessing the costs and benefits of the research.

Explanation:

When a researcher embarks on a project and discovers that the costs of collecting the primary data overruns the benefits to be derived from the research, the researcher should reconsider whether to collect the primary data or not.  Researchers regularly assess the costs and benefits of collecting primary data before fully embarking on data collection.  If the costs outweighs the benefits of the data collected, then it is not beneficial to use primary data.  Instead, the researcher can rely on secondary data.  For every project, the costs and benefits are important considerations that determine whether a research or project goes ahead or not.

5 0
3 years ago
Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo
valentina_108 [34]

Answer:

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

Explanation:

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as follows:

• 25 pizzas, $10 each •

Apartment rent, $600 per month

• Gasoline and car maintenance, $100 per month

• Phone service (basic service plus 10 long-distance calls), $50 per month In the year following the base year,

the survey takers determine that pizzas have risen to $11 each, apartment rent is $610, gasoline and maintenance costs are $115, and phone service has dropped in price to $40.a. Find the CPI in the subsequent year and the rate of inflation between the base year and the subsequent year.

ITEM             OLD PRICE        NEW PRICE

pizzas,                 $10                   $11

Apartment rent, $600                $610

Gasoline             $100                 $115

Phone service     <u>$50</u>                  <u>$40</u>

TOTAL.                <u>760</u>                   <u>776</u>

<u />

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

6 0
3 years ago
Use the following to answer questions 3-8: ​ Number of Workers Total Cost 0 1000 1 2200 2 3200 3 4000 4 4600 5 5000 6 5200 7 560
Firlakuza [10]

Answer:

Firm should hire the 4th worker as MR > MC.

Explanation:

Here, we are comparing the marginal cost of hiring 4th worker with the revenue generated by the 4th worker.

Marginal cost of hiring 4th worker:

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= $4,600 - $4,000

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Total revenue generated by the 4th worker:

= Number of units produced by 4th worker × Price of each unit

= 50 × $15

= $750

Therefore, the firm should hire the 4th worker as the marginal revenue of 4th worker is greater than its marginal cost.

3 0
3 years ago
Public Domain
Arte-miy333 [17]

Answer:

a

Explanation:

3 0
3 years ago
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