Answer:
True
Explanation:
Strategic planning process is what help identify the objectives of a business and then develop plan to achieving those objectives. It gives direction to management decision while addressing business challenges.
The aim of strategic planning process is to prevent a company from carrying out task without directions because when those controlling business or its owners do not have clear vision, wrong decision may be made hence create problems for the employee regarding their stand in the company.
Strategic planning process includes identifying strategic position, gather information, conduct SWOT analysis, create a strategic plan, execute the strategic plan etc.
Answer:
2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O
Explanation:
<u>Step-1:</u>
Br₂ + NaOH → NaBrO₂ + NaBr + H₂O
<u>Step-2:</u>
Elements. LHS RHS
Br 2 2
Na 1 2
O 1 3
H 1 2
<u>Step-3:</u>
Elements L.H.S R.H.S
Br 2 × 2 4
Na 1 × 4 4
O 1 × 4 4
H 1 × 4 2 × 2
<u>Step-4:</u>
Elements L.H.S R.H.S
Br 4 4
Na 4. 4
O 4. 4
H 4 4
<u>Step-5:</u>
<u>2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O</u>
<u>-TheUnknown</u><u>S</u><u>cientist</u>
Answer:
When someone starts their own business, they do it because they firmly believe that they will succeed. Most of the time they are not thinking about what will happen if things do not work as planned. I believe that people that are afraid and believe that the possibility of failure is large, will never start their own business. Entrepreneurship is something that not everyone can do, and it takes a lot of guts to do it.
Answer:
In general, the <u>higher</u> the risk of a firm as perceived by its existing and potential investors, the greater is the firm’s weighted average cost of capital (WACC).
- If a firm is considered to be risky, they will get debt at a high rate to compensate for the risk making WACC greater.
The calculation of a firm’s weighted average cost of capital should be based on the <u>after-tax</u> cost of the dollar of financial capital raised.
- Interest is tax deductible so WACC is calculated net of taxes to cater for this.
It is generally believed that the proportions, or weights, used in the calculation of a firm’s weighted average cost of capital should be based on the market values of the firm’s capital sources. This is because the market value weighting system is more consistent with maximizing the value of the firm’s <u>Shareholder wealth.</u>
- Market Values are the true reflection of shareholder wealth and this is what the company should aim to maximise.
Although the use of market value weights is theoretically superior to the use of book value weights in the calculation of a firm’s weighted average cost of capital (WACC), firms often use book value weights due to their relative stability compared to the daily changes in market values. <u>True</u>
- Market values tend to fluctuate quite often so it is easier for companies to use book value amounts.
A firm’s new investments, existing assets, and capital structure affect its overall degree of risk and, in turn, its weighted average cost of capital. <u>True</u>
- The assets and potential assets that a company has as well as how it funded those assets determine just how risky the company is and as earlier mentioned, the riskier the firm, the higher the WACC so risk does have an effect on WACC.