Because Marius is tasked with identifying of goals, policies and action, then, he will be implementing a <u>Strategic Management</u>.
<h3>What is Strategic Management?</h3>
A Strategic management means a strategies implemented to achieve a better performance and competitive advantage for an organisation.
The process of a strategic management includes
- Defining the Mission Statement
- Analysing the Environment
- Organisational Self-Assessment
- Establishing Goals and Objectives
- Formulating Strategy
In conclusion, since he is tasked with identifying of goals, policies and action, then, he will be implementing a <u>Strategic Management</u>.
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ANSWER – FALSE
When a union bargains successfully with employers, resulting
in increment in total compensation, both the quantity of labor supplied and the
quantity of labor demanded doesn’t increase, rather, the quantity of labor
supplied increases and the quantity of labor demanded decreases.
The discount lost account is used under the net method for inventory.
<h3><u>
What is discount?</u></h3>
- When a security is trading for less than its intrinsic or basic value, it is said to be trading at a discount in the world of finance and investment.
- When a bond's price is trading below its par value, or face value, in the fixed-income market, a discount is present.
- The extent of the discount is equal to the difference between the price paid for a security and its par value.
- Bonds may trade at a discount for a variety of reasons, such as rising interest rates, problems with the underlying company's credit, or riskiness when compared to comparable bonds.
The discount rate, an interest rate used to calculate the time worth of money, should not be confused with a discount.
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Answer:
The right answer is:
(a) 5916 units
(b) 5046 units
Explanation:
Given:
Sales,
= $59
Variable cost,
= $30
Fixed cost,
= $171,564
Increased sale,
= $64
Now,
(a)
Contribution margin will be:
= 
= 
= 
($)
hence,
Breakeven will be:
= 
= 
= 
(b)
Contribution margin will be:
= 
= 
= 
($)
hence,
Breakeven will be:
=
= 
= 
Answer:
Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because his practice was growing, he recently hired another engineer and decided to commence offering professional services under the name of Brown and Associates. In order to comply with the rules he must
Notify the Board office of the name change
Explanation:
Since it is the same company but just with change of name changes, notification to the company he render services for is only needed to avoid confusion about the authenticity of the company
