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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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GoodBuy sells gift cards redeemable for GoodBuy products either in store or online. During 2018, GoodBuy sold $960,000 of gift c
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Answer:

$849,000 gift card revenue should GoodBuy recognize in 2018

Explanation:

gift cards revenue of GoodBuy recognized in 2018

=  gift cards redeemed + remaining gift cards

= $810,000 + $39,000

= $849,000

Therefore, $849,000 gift card revenue should GoodBuy recognize in 2018

3 0
3 years ago
Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a
riadik2000 [5.3K]

Solution:

Instructions Journalize the April transactions:

Date                           Account Titles and Explanation

4/30                              Work in Process—Cooking

                                     Work in Process—Canning

                                                     Raw Materials Inventory

4/30                              Work in Process—Cooking

                                     Work in Process—Canning

                                                              Factory Labor

4/30                             Work in Process—Cooking

                                   Work in Process—Canning

                                                  Manufacturing Overhead

4/30                             Work in Process—Canning

                                    Work in Process—Cooking

Cooking and out the debits

Debit                               Credit          

22,800

10,900                             33,700      

9,400

7,230                              16,630

33,800

28,100                            61,900

55,900                          

                                      55,900

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3 years ago
Identify the accounting concept relevant to each situation below:
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Answer:

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8 0
2 years ago
Samantha has a bakery that has been successfully run for over a year, and it’s growing in popularity. If she planned to use her
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Answer:

NOT might lose customers because of a lack of innovation

NOT might not be able to attract essential new investors

Explanation:

Since in the question it is mentioned that Samantha who has a bakery is sucessfully run for a year and it is popular also. At the same time she planned for using her profits in order to cover up the similar cost that had done in the last year

So based on this, the risk she has taking is that she not want to lose his customers as there is an innovation lacking also she is not capable to attract the new investors

Therefore the same is to be considered

8 0
3 years ago
from a company's viewpoint, the existence of an active, liquid, well-organised market in existing shares:
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From a company's viewpoint, the existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.

<h3>What is a secondary market?</h3>

A secondary market is a securities market for the exchange of securities and assets among investors rather than with the issuing entities.

The types of secondary markets include:

  • Over-The-Counter Markets
  • Stock Exchanges
  • Auction markets
  • Dealer markets.

<h3>Answer Options:</h3>

A. facilitates the raising of further capital in the secondary market.

B. maintains the share price above the initial issue price.

C. encourages successful primary market issues.

D. is of little or no consequence.

Thus, from a company's viewpoint, the existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.

Learn more about secondary markets at brainly.com/question/14484986

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4 0
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