Answer:
TRUE
Explanation:
Strategic planning is an essential tool for any company, regardless of its size or area of activity, through it the company identifies what its objectives and goals are for a period of time and develops action plans to achieve them. Through strategic planning, the company also seeks to identify its mission, vision, values, policies and procedures that will assist it in reaching its goals.
To be effective, it must be aligned with the organizational identity, be properly implemented and monitored.
Answer:
The portion of the initial amount that was given away is:
= 0.40
Explanation:
a) Data and Calculations:
Number of apples available = 10
Number of those apples given to a friend for Christmas = 4
The portion given away = 4/10 = 0.4
This represents 40% of the whole.
b) The portion given away to the friend for Christmas is a proportion of the whole. In this case, it represents just 40% of the 10 apples. This means that only 60% or 0.60 of the original apples are still available or on hand because 40% had been given away.
Answer:
Cash A/c Dr $15,000
To Notes payable A/c $15,000
(Being the bank borrowing through a note payable is recorded)
Explanation:
The journal entry is shown below:
Cash A/c Dr $15,000
To Notes payable A/c $15,000
(Being the bank borrowing through a note payable is recorded)
This transaction increases the cash balance so the cash account should be debited and the note payable account should be credited as it creates a liability which is to be reflected in the balance sheet
To solve this problem, we should remember that the formula
for reserve ratio is:
r = reserves / demand deposits
Where,
r = reserve ratio
reserves = $ 3 billion in government securities
Therefore the demand deposits is:
demand deposits = $ 3 billion / 0.25
demand deposits = $ 12 billion
Since $ 3 billion was bought, therefore the increase in the
lending ability of the commercial banks is:
$ 12 - $ 3 billion = $ 9 billion
Answer:
$ 9 billion
Answer:
C) people, resources
Explanation:
A division structure splits the organization into several semi-autonomous units called divisions. Divisions are created around business activities such as their products, services, markets, or geographical locations. Each division manages its day to day operations but reports to a central authority.
In the division structure, employees are attached to a division based on their suitability. The division structure is suitable for large organizations with multiple products and multinationals. The structure is expensive to operate and has the possibility of role duplication. The divisions control their resources, and the employees hardly meet.
