<u>Note:</u>
<u>I was unable to find the complete question. The only thing I accessed successfully was the solution of the question.</u>
Answer:
Reduce student loan balances by $12,000 within 5 years by making extra payments of $200 each month.
Explanation:
The reason is that the reduction in the student loan is:
Specific as it addresses about the solution of the plan which in this case is paying extra $200 each month.
Measurable as the student loan reduction is by $12,000, time duration and the extra payment is also measurable.
Attainable as the each month extra payment of $200 is not large amount.
Realistic as the reduction by $12,000 is computed on appropriate grounds ($200 per month * 12 month * 5 years).
Timely as the achievement duration of the goal set is 5 years.
Hence the goal is SMART.
Answer:The meeting will fall under the FOURTH PHASEie STRATEGIC EVALUATATION of the planning process
Explanation:
The fourth phase of planning is the Strategy Evaluation which involves Buisness taking a concise time to monitor an already working proposed plan and adjust the process as nessesary.
Buisnesses like P and L can address an already working procedure to analyse what is working or what is not by organisaing, monitoring , getting feedback and measuring performance of the work done by the earlier proposed plan. This on the long run leads to establishment of best practices and help to correct future processes and plans.
In a sales mix condition at any level of units vended the net income will be higher if more higher contribution margin units are sold than lower contribution margin units. The sales mix is the comparative proportion in which a company vends its multiple goods. In addition, the contribution margin ratio is contribution margin separated by sales.
He failed at Human Resources functional area of management
Let understand that the functional area of management is the section of management of a firm which ensures that the important business activities are carried out efficiently.
The functional area of management is distinctively categorized into 6 part and they includes:
- Strategic area of management
- Marketing area of management
- Finance area of management
- Human resources area of management
- Technology & equipment area of management
- Operations area of management
In conclusion, the area that Tigger failed at is the Human Resources area because he need to serves as a good example for his Subordinate as well as effectively manage them, whereas, he failed at it.
Learn more about functional area of management here
<em>brainly.com/question/14594002</em>
Answer:
Explanation:
Product vs Service Business
While it may seem to go against traditional thinking, in some ways there is very little difference between product based and service based companies. In actuality, both sell a product. The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product. In the service-based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer's user experience very important. Product-based businesses, on the other hand, deliver physical products that are reasonably consistent in quality for each customer, making the customer experience fairly predictable.
Local or Global Consumer Markets
In general, when consumers are looking for new solutions they try to distinguish the different services/products of business and industry in the locality where they reside. As such, businesses need to target their product and service based businesses to the appropriate markets. Consumers located anywhere in the global market can purchase a product via the internet as long as they can have their purchase delivered locally and cost effectively. However, most service businesses can only provide services to customers within their local target market. For example, while a computer store can ship computers all over the world, a hairstylist will only attract clients within a reasonable driving distance from her home or business. As a result, businesses need to consider how their customer base will influence their marketing efforts.
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