Explanation:
Business process can be defined as the series of interlinked activities starting right from making of a product to delivering that product to the customers. An organisation's success depends on its business processes that how effectively and efficiently they are performed to achieve business goals while remaining profitable.
Organisations takes some inputs, process them into final outputs. Inputs could be in the form of information, raw material etc, while outputs are the final products.
Managers needs to understand the process view because he should have complete knowledge of all the processes of an organisation. If they have this knowledge then they can easily evaluate, analyse, and modify the processes only and if they have deep insights about them.
For example: Manager working in KFC, should have knowledge about all the manufacturing, taking orders, serving customers and then taking feedback from them. Manager can only be effective if he has knowledge and he can understand and make them happen efficiently.
$1,130.28
Formula is A = P (1 + [r/n])^(nt)
A= 879 (1+ [.018/4])^(4*14)
A= 879 (1.0045)^56
A= $1,130.28
A = future total amount
P = principle (amount initially deposited)
r = the annual interest rate (decimal)
n = times that interest is compounded per year (quarterly is 4 times per year)
t = number of years
Answer:
D. Time-management.
Explanation:
Time management is the process of planning and exercising conscious control of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity.
Answer and Explanation:
As per the data given in the question,
1)
Cash flow Amount PV Factor at 10% for 8 annual installments Present Value
Installments $4,000 5.3349 $21,339.60
Down Payment $27,000 1 $27,000
Value of equipment $48,339.60
Refer to the PVIFA factor
2)
Table or calculator function FVAD of $
1
Future value $570,000
n = 5
i = 7.00%
Divided it by FV factor 6.1533
Annual Deposit $92,633.22
Refer to the FVAD table
3)
Table or calculator function PVAD of $
1
Payment $137,000
n = 20
i = 10.00%
Multiplied by PV factor 9.36492
Liability $1,282,994.04
Refer to the PVAD table
