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Kitty [74]
2 years ago
11

Floors and Fixtures, a home improvement store, is planning to expand and open four new stores, one each year. As a result, it de

velops four separate plans to determine how much to spend on each store as well as when and where to open each store. These are ________ plans.
Business
2 answers:
Drupady [299]2 years ago
6 0

Answer: growth plans

Explanation: The improvement store planning to expand and open four new stores, one each year with detailed plans on how much to spend on each store as well as when and where to open each store are all growth plans. While planning is key to any business throughout its existence, every business reviews and creates plans to identify opportunities for growth. Growth plans are plans that A Growth Plan enables firms to plan and track business growth, identify potential growth opportunities and the amount of resources needed to fund expansions. It has multiple parts, such as marketing strategies, financial documents etc. This allows businesses differentiate themselves from your competition.

IrinaK [193]2 years ago
5 0

Options:

A. Operational

B. Tactical

C. Static

D. Strategic

D. Growth

Answer:D. Growth

Explanation:Growth plans are Activities put in place to enhance that an organisation attains its growth Objectives.

A Growth plan identifies potential opportunities for growth and makes the required resources available in irder to sponsor the potential opportunities.

A growth plan contains business elements which can help the a business Organisation identify the value of customers and how to meet the needs of the customers which will help to enhance the growth of the business through increased revenue.

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questioning is such a good leadership skill because you can't learn without questioning something.

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2 years ago
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You have a credit card and the average balance on that card, year after year, is $4,000. The credit card company charges 21% ann
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2 years ago
The law of demand states that, other things equal: Select one: a. price and quantity demanded are inversely related. b. consumer
Mkey [24]

The law of demand state correct option is (a) price and quantity demanded are inversely related.

What is law of demand states?

The law of demand is a fundamental principle of the economic idea of higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.

The  rule of demand, if all other variables remain constant, the price and quantity desired of any good or service are inversely related. When the price of a product rises, the demand for that product low as well.

As result, the law of demand states as remain constant towards a price and quantity demanded are inversely related.

Learn more about law of demand states, here:

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7 0
2 years ago
Wilson Enterprises applies overhead based on direct labor cost. The company estimates that their overhead for the year will be $
Tcecarenko [31]

Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

Labor cost =$2,80,000

Direct labor cost = $3,00,000

Overhead\  rate = \frac{Estimated\  Overhead}{Estimated\ direct\ labor\ cost}

                        = \frac{2,40,000}{3,00,000}      

                         = $ 0.80 per direct labor cost      

Applied\ Overhead = Actual\  Labor\ cost\times Overhead\ rate      

                             = $ 2,80,000\times $ 0.80 Per direct labor cost  

                             =$ 2,24,000        

Actual Overhead cost = $ 2,20,000        

Applied Overhead is more than actual overhead. Hence, manufacturing overhead is $ 4,000.

6 0
3 years ago
The common stock of the Avalon Corporation has been trading in a narrow range around $40 per share for months, and you believe i
Sergeu [11.5K]

Answer:

$700

Explanation:

Given that

Price of a 3 month put option = $3

Price of a 3 month call option = $4

Considering the above

Selling the straddle = sell a put + sell a call

Thus,

Total premium income from selling a stradle = (P + C)100

Where,

P is price of put

C is price of call

Therefore,

Total premium from selling a stradle

= (3 + 4)100

= 7 × 100

= $700

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3 years ago
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