1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
geniusboy [140]
3 years ago
14

The gap between 'where we are now' and 'where we want to be' is known as the.....​

Business
1 answer:
Harman [31]3 years ago
7 0

Answer:

Planning gap.

Explanation:

Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

The planning gap can be defined as the gap between "where we are now?" and "where we want to be?"

Basically, "where are we now?" describe the current situation of things or financial and non-financial activities that a business firm currently holds.

On the other hand, "where we want to be?" is a vision and mission statement that focuses on achieving the goals and objectives set for a business firm.

You might be interested in
PLSSS HELP!!!
Nookie1986 [14]

the most satisfied, according to Glassdoor's study, are: Health insurance. Vacation and PTO. Pension plans, 401(k) & other retirement plans.

5 0
3 years ago
An operation's Beginning Inventory for an accounting period equaled $15,000. Ending Inventory for the period equaled $14,000, Pu
kherson [118]

Answer:

$1,500

Explanation:

Data provided:

operation's Beginning Inventory = $15,000

Purchases = $21,500

Ending Inventory for the period = $14,000

Total Cost of Sales = $21,000

Now,

The amount of this operation's Employee Meals in the period

= Beginning Inventory + Purchases - Ending Inventory - Total Cost of Sales

= $15,000 + $21,500 - $14,000 - $21,000

= $1,500

3 0
3 years ago
Land $ 170,000 Equipment 66,000 Salaries Payable ? Notes Payable 88,000 Supplies 14,000 Cash 26,000 Common Stock 100,000 Retaine
Rudik [331]

Answer:

D. Cannot be determined given the information provided.

Explanation:

The accounting equation deals with the 3 elements of the balance sheet namely; assets, liabilities and equity and the relationship between them as shown below.

Assets = Liabilities + Equity

Given;

Total asset = $288,000

Equity = Retained earnings + common stock

= 40,000 + 100,000

= $140,000

Liabilities =  $288,000 - $140,000

= $148,000

Liabilities include; Notes Payable 88,000, Salaries Payable ? Accounts Payable ?

Since the Salaries Payable and Accounts Payable are not known, the right option is D. Cannot be determined given the information provided.

5 0
3 years ago
Which is always a cost when buying insurance?<br> premium<br> deductable<br> Co-payment<br> payout
Brilliant_brown [7]

Answer:

It would be premium!

7 0
3 years ago
Read 2 more answers
Brianna, a salesperson for Cosmetics Corporation, learns that Cosmetics will increase the dividend it pays to shareholders. Bria
olya-2409 [2.1K]

Answer:

traded on information that was not available to the public.

Explanation:

Brianna, a salesperson for Cosmetics Corporation, learns that Cosmetics will increase the dividend it pays to shareholders. Brianna buys 10,000 shares of Cosmetics stock. When the price increases, Brianna sells the shares for a profit. If Brianna is liable for insider trading, it is because she traded on information that was not available to the public.

3 0
3 years ago
Other questions:
  • In what order are the feature, advantage, and benefit presented in the following statement? "This television's solid-state desig
    11·1 answer
  • Quizlet Other things the same, when the price level rises more than expected, some firms will havea.higher than desired prices,
    10·1 answer
  • How the lack of characteristics of a good leader can affect an organization?​
    13·1 answer
  • Mr. Meyers wishes to know how many shares are necessary to elect 6 directors out of 14 directors up for election in the Austin P
    6·1 answer
  • Which of the following is TRUE regarding the concept of flexibility? It is the ability to respond with little penalty in time, c
    7·1 answer
  • Ralph Watkins, owner of The Steak Pit restaurant in Billings, Montana, is suing Western Cornfed Beef, a Kansas City, Kansas, sup
    9·1 answer
  • Answer correctly and u will receive brainliest and 15 pts
    14·2 answers
  • On March 31, 2012, Destin Incorporated reported the following balance sheet:
    14·1 answer
  • People who buy shares of a company are called entrepreneurs.<br> a.True<br> b.False
    12·1 answer
  • Advertising, personal selling, sales promotion, and public relations are components of:____.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!