Answer:
Is large enough to permit a profitable market effort toward its members.
It’s a process that can be used to separate pure liquids from a mixture of liquids
Answer:
5 years
Explanation:
Given:
For proposal X
The initial Investment = $10,700,000
Useful life = 5 years
Estimated annual net cash inflows for 5 years = $2,140,000
Residual value = $50,000
since,
the depreciation method is a straight line
thus,
payback period for the proposal X will be given as:
Payback period = (Initial investment) / (Estimated annual cash inflows)
on substituting the values, we get
Payback period = $10,700,000 / $2,140,000
or
Payback period for the proposal X = 5 years
When company managers formulate strategy decisions resulting from their internal analysis, they are primarily making decisions about how to obtain and allocate critical and scarce resources.
<h3>What is business strategy?</h3>
Business strategies are actions created to run and conduct operations, so that the business can grow. They are ways developed by business to create values.
It also involves looking for places in the market, gaining new customers as well as keeping existing customers happy, being able to compete in their field, and achieving goals.
Importance of strategies as it relate to a business are:
- It helps define a business hence gives set of values and purpose.
- It helps a business understand what success actually looks like.
- It provides a roadmap for our business,
Learn more about business strategies here: brainly.com/question/8192142
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