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3 years ago

Which of the following statements is true of a mission statement?

2 answers:

5 0

The following statements is true of a mission statement:
e. A well-developed mission statement, no matter what the industry or size of business, will answer five basic questions.
d. A mission statement seeks to answer the question: "Why should you finance our business?"
c. A good mission statement is a complex, detailed statement that explains how the organization will contribute to its specific industry.

drek231 [11]3 years ago

3 0

Answer:

Letter a is correct. A well-developed mission statement should answer every possible question the company's customers could have about its processes and products.

Explanation:

The organizational mission statement reflects the company's core purpose, through which it is possible to analyze the corporate identity and the goals and objectives it intends to achieve, as well as to realize the benefits and added value that the organization intends to convey to its stakeholders. To be effective, it must contain statements that are capable of directing business strategy and assisting in the decision making process.

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A real pain in the butt!

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3 years ago

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Suppose that people in France decide to permanently increase their savings rate.Predict what will happen to the French bond mark

Elenna [48]

Answer:

The answer is: C) There will be an increase in wealth, creating a shift to the right in the demand curve for bonds in France. France can therefore expect permanent lower interest rates in the future.

Explanation:

When the residents of a nation decide to permanently increase their savings, that affects the economy in several ways. At first, it will lower the total demand for products and services (to be able to save money you must spend less) and increase the quantity demanded for bonds. This increase will lower the price (in this case interest rate) of bonds.

When the interest rates of bonds is lower, it means the cost of borrowing money for the general population will also lower. The interest rate commercial banks charge their clients always follow the interest rate of bonds. That will lead to greater investment and spending in the economy, and future economic growth.

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2 years ago

Magic Realm, Inc., has developed a new fantasy board game. The company sold 45,000 games last year at a selling price of $66 per

storchak [24]

Answer:

Please see below and attached.

Explanation:

1a. Prepare a contribution format income statement for the game last year. The Net operating income is $90,000.

1-b The degree of operating leverage

= $10.

2a. Net operating income increases by 220%

2b. Total expected net operating income is $288,000.

Please find attached detailed breakdown of the answers provided above

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3 years ago

Number of Employees 20 Average Salary per employee $ 30,000 Weeks per year 52 Minutes available per week 2,400 Practical capacit

stich3 [128]

Answer:

1,996,800 minutes

Explanation:

Calculation for what is the practical capacity of resources supplied in minutes

Practical capacity of resources supplied =52 weeks × 2,400 minutes per week× 80% × 20 employees

Practical capacity of resources supplied= 1,996,800 minutes

Therefore the practical capacity of resources supplied in minutes is 1,996,800 minutes

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3 years ago

19. Because IMs are personalized, you may want to use them in ways that reflect your own personality rather than the norms of bu

julsineya [31]

Answer and Explanation:

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3 years ago