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Orlov [11]
3 years ago
11

Which of the following describes the mission of an organization? a. Who are we? Who will we become? b. What do we stand for and

believe in? What standards can be used to evaluate and judge us? c. What is our product or service? d. Who is our customer? e. What is our strategic purpose for operating?
Business
1 answer:
Llana [10]3 years ago
6 0

Answer:

a. Who are we? Who will we become?

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

A mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.

Hence, the question of Who are we? and Who will we become? describes the mission of an organization.

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Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient
irina1246 [14]

Answer:

Explanation:

The direct cost is the cost that is directly related to production. The example is direct material cost, direct labor cost, etc whereas the indirect cost is the cost that is not directly related to the production. It is also known as overhead cost only records all indirect cost i.e depreciation on equipment of factory, property taxes, etc

Based on this, the classification is as follows

1 The wages of pediatric nurses / The pediatric department  = Direct cost (D)

2 Prescription drugs / A particular patient  =  Direct cost (D)

3 Heating the hospital / The pediatric patient  = Indirect cost (D)

4 The salary of the head of pediatrics / The pediatric patient   =  Direct cost (D)

5 The salary of the head of pediatrics / The particular pediatric patient   = Indirect cost (D)

6 Hospital chaplain's salary / A particular patient    = Indirect cost (D)

7 Lab tests by outside contractor / A particular patient  =  Direct cost (D)

8 Lab tests by outside contractor / A particular department =  Direct cost (D)

5 0
3 years ago
Bush Company reported net income of $60,000 for the year. During the year, accounts receivable decreased by $8,000, accounts pay
steposvetlana [31]

Answer:

C) $77,000

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.  

Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.  

Examples: Revenue earned, expenses incurred etc.  

There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.  

The two methods of presenting cash flow statement are:  

1. Direct method: Operating activities section under direct method reports the amount of cash received and paid by the company during the period.  

2. Indirect method: Operating activities section under indirect method reports the net income and later adjusts the transactions to convert it to cash basis of accounting.  

Cash flow statement has been attached below:

7 0
3 years ago
The demand curve for a​ monopoly's product is A. more inelastic than the market demand for the product. B. undefined. C. the mar
slavikrds [6]

Answer:

C. The market demand for the product

Explanation:

Monopoly is a market situation whereby the market is characterized with having a single seller and multiple buyers. Here, the seller faces no competition as he is the only one selling that particular product in the market. The monopolist faces a downward sloping market demand curve. As a result, as the monopolist increases its output, for every additional unit of output, the process must fall. Thus, leasing to the consequent fall in the marginal revenue. Thos os because, since he is the only sellers in order to sell more outputs he must reduce the prices oer each output.

3 0
3 years ago
Which of the following is incorrect?
d1i1m1o1n [39]

Answer:

The answer that is incorrect is D)

Explanation:

First of all, it is incorrect because if prices increase, real money balances decrease. The real money balances formula explains this fact:

Real money balances (RMB) = M/P

Where M is the amount of money and P the price level.

If P increases, then M will RMB will decrease.

If RMB are less, then, houses will find themselves poorer, not wealthier, and will decrease their spending, not increase it.

6 0
3 years ago
An American marketing research company wanted to use a survey to determine if it was feasible to build shopping centers in sever
Alekssandra [29.7K]

Answer:

decentering

Explanation:

From the question we are informed about An American marketing research company who wanted to use a survey to determine if it was feasible to build shopping centers in several countries. Since all of the countries spoke a different language, the company used two translators for each country—one to translate it into the native language, and one to translate it back into English. The original document was revised repeatedly until the translated version matched it in meaning. This describes the process of decentering.

Decentering can be regarded as a central change strategy which involves Mindfulness-Based Cognitive Therapy, it entails a process of stepping outside of mental events of individuals which could leads to non-judging stance as well as objective towards the self

6 0
3 years ago
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