They believe Strategic plans are needed to revamp the magazine's content, editorial staff, and readership.
Explanation:
Strategic preparation is the practice of recording and leading the small organisation— deciding where you are and when you go. The strategic plan offers you with a location to document your purpose, vision, and principles, your long-term priorities and action plans.
Vision planning, scenario preparation and dilemma solving are three growing priority areas of the strategic planning.
Examples of a Business Strategy Includes: assessment of corporate assets and deficiencies. Design of a framework for business strategy.
Answer:
$14,160 F
Explanation:
The computation of the labor efficiency variance is shown below:
As we know that
Labor Efficiency Variance = (Standard Hours - Actual Hours) × Standard Rate
where,
Standard hours is
= 3,400 units × 0.5 hours
= 1,700 hours
And, the actual hours is 520 hours
And, the standard rate is $12
So, the labor efficiency variance is
= (1,700 hours - 520 hours) × $12
= $14,160 favorable
Since standard hours is more than the actual hours so it would lead to favorable variance
The present worth of this business it has been calculated is given as $302,898.
How to solve for the worth of the business
<u>In the first year</u>
Cash flow = 44000
PVF at 9.7% = 0.91158
The present value = 0.91158 * 44000
= $40106
<u>In the second year </u>
Cash flow = $61,000,
PVF at 9.7% = 0.83097
The present value = $50689.17
<u>In the third year</u>
Cash flow = $80,000
PVF at 9.7% = 0.7575
The present value = $60600
<u>In the 4th year </u>
Cash flow = $200,000
PVF at 9.7% = 0.7575
The present value = $151,500
The worth of the business today is going to be the sum of all the present values
= $151,500 + $60600 + $40106.52 + $50689.17
= $302,898
Read more on present value here: brainly.com/question/20813161
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The answer to this question is <span>By electing a board of directors
</span><span>Board of directors will have a certain amount of voting rights based on their total ownership in that company.
This voting right often used in electing top level management such as CEO or CFO. So, if you have the majority votes in the board of directors, you could technically control the upper management in that company.</span>
Answer:
a) 67% of filers surveyed plans to file their taxes electronically.
b) 613 people will use the professionals to prepare their taxes.
Explanation:
Given that;
survey shows 684 of 1021 people would most likely file electronically.
a)
to estimate the percentage of all taxpayers who file electronically, we say;
(684 / 1021) * 100% = 0.6699 = 0.67
therefore 67% of filers surveyed plans to file their taxes electronically.
b)
Given that 60% ( 0.6 ) said they would us professionals, now to find how many people did it this way, we say;
( 60 / 100) * 1021 = 612.6 = 613 (we are talking about number of person)
so 613 people will use the professionals to prepare their taxes.