All categories

2 years ago

A business plan in its simplest form could be a paragraph written on a napkin describing a business strategy

Business

1 answer:

Crazy boy [7]2 years ago

5 0

Answer:

True

Explanation:

A business plan a guide that shows how business objectives will be met. It states the mission of the business, the resources, the target market, and the path to be followed to achieve the goals.

As the name suggests, a business plan is a 'plan.' It is important to have a business plan in place. The plan can be written with many details and in the standard format or scribbled on paper. Other plans are only in soft copy, while others are yet to be written.

You might be interested in

Larry’s Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $32,000 per year forever.

Harman [31]

Answer:

$444,444.44

Explanation:

Larry's life insurance corporation is trying to sell an investment policy that will pay you and your heirs a total amount of $32,000 per year

The required return on this investment is 7.2%

= 7.2/100

= 0.072

Since the cash flow is a perpetuity then, the amount that will be paid for the policy can be calculated as follows

PV= C/r

= $32,000/0.072

= $444,444.44

Hence the amount of money that will be paid for the policy is $444,444.44

4 0

3 years ago

Bennett Co. has a potential new project that is expected to generate annual revenues of $262,100, with variable costs of $144,00

swat32

Answer:

Operating cash flow= $29,886

Explanation:

Giving the following information:

Sales= $262,100

Total variable cost= $144,000

Total fixed costs= $61,300.

Annual interest expense of $24,500. The annual depreciation is $25,200 and the tax rate is 34 percent.

<u>We need to determine the operating cash flow:</u>

Sales= 262,100

Total variable cost= (144,000)

Contribution margin= 118,100

Total fixed costs= (61,300)

Depreciation= (25,200)

Interest= (24,500)

EBIT= 7,100

Tax= (7,100*0.34)= (2,414)

Depreciation= 25,200

Operating cash flow= 29,886

7 0

3 years ago

Marginal revenue product is the: a. change in total output resulting from a unit change in the quantity of a variable input. b.

VMariaS [17]

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

6 0

2 years ago

For sara, ramen noodles are a normal good, however sean considers ramen noodles to be inferior. if sara and sean have the same a

avanturin [10]

<span>In this case, Sara will see the ramen as a good that is more elastic in demand than will Sean. This will mean that, as income drops for Sara, she will purchase less of the good than will Sean. Sean will end up purchasing less of the good if he has an increase in income.</span>

8 0

3 years ago

The process of assimilating mass-media advertisements with other promotional elements such as direct marketing, public relations

VMariaS [17]

Answer: Integrated Marketing communication.

Explanation:

Integrated marketing communication is a form of marketing strategy, where a business brand sends out several interconnected adverts and promotions, which all function to highlight the need for a consumer to purchase a certain product/service.

4 0

3 years ago