Answer:
is the set of processes used to get members of an organization to work together.
Explanation:
Management can be defined as a strategic process which typically involves analyzing, planning supervising, organizing, controlling and coordination of employees and business activities in order to successfully achieve organizational goals and objectives.
Generally, there are four (4) main components associated with the management of business activities and employees, these includes planning, organizing, leading and controlling.
The managerial function of leading is the set of processes used to get members of an organization to work together. Thus, leading a team of workers working in an organization simply involves communication, motivation, inspiration, direction, guidance and support of these employees in order to enhance their level of output or production at all times.
Answer:
The correct answer is letter "C": mission formulation.
Explanation:
Segmentation and targeting is the process by which companies classify their existing and potential customers by<em> sex, age, race, </em>and<em> income</em>. This is done to analyze specific consumers' preferences and behavior so the firm can provide them with a good or service they are likely to consume.
Segmentation implies analyzing <em>pricing, salesforce, advertising, </em>and <em>customer management</em> but <em>mission formulation</em> is a step that the firm takes before starting segmenting its market.
Answer:
Part (a)
The percentage ownership of Mr. John is 20% + (80% x 20%) = 36%
Part (b)
The percentage ownership of Mr. Brian is 30% + 30% = 60%
Part (c)
The percentage ownership of Mr. Charlie is 30% + 30% = 60%
Part (d)
The amount that could be recognized for the purposes of tax would be $0, as Mr. Brian owns more than half that is more than 50% of XYZ Corp. either directly or indirectly.
Answer:
My Business- Fashion Designing
My Gain- Daily profit generation, Job Satisfaction, Improvement of my business skill.
Community Gain- Access to well-designed dresses, Training for youths who wish to gain the skill
Country Gain- Employment of citizens, Contribution to the gross domestic product
Explanation:
In my business as a Fashion Designer, I benefit from the fact that I can make money for myself doing what I love. The business also affords me the opportunity to improve my business skill. For instance, good marketing helps me reach a wider audience.
The community I live in benefits from my service because they can always come to design their dresses in whatever styles they desire. Youths and others who wish to gain some skill can also register at an affordable price.
The country I reside in also benefits from the revenue generated from the business because it contributes to its gross domestic product. The citizens are also gainfully employed through the business.
Answer:
A simple model of a firm describes it as an entity that buys production factors – (for example, labor) and sells its output (goods and services). A firm’s input prices, which affect costs, are generally fixed in the short run (like wages, that are established by contract and must be respected during the period they were stablished), while a firm’s output prices, which affect revenue, are adjustable (they do not depend on a contract). Therefore, an increase in the short-run price level raises revenue more than costs, so firms produce more in the short run. Consequently, the SRAS curve slopes upward.
In the long run, however, firm’s input prices are variable, and they will adjust together with the firm’s output prices, making LRAS perfectly inelastic in the potential level of production.
