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3 years ago

'Partnership business can't be successful without mutual understanding'.justify this statement.

Business

1 answer:

Colt1911 [192]3 years ago

3 0

Answer: See explanation

Explanation:

A partnership is a form of business operations that takes place between two or more people who come together, join their skills and resources together so as to achieve organizational aims, and make profit.

For a partnership to succeed, there must be a mutual understanding between the partners that are involved. The mission and the visions of the organization must be shared by all the partners and understood.

When the partners don't have an agreement in place and a clear understanding about how the partnership will be handled and decisions will be made, this will eventually being about the downfall of the partnership.

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Charlie is at the top of her company's organization chart. Which of the following is most likely to be her job title?

kow [346]

Her job title is to be a CEO

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3 years ago

Gannon Enterprises is in the midst of a major strategic change. To lessen resistance from some of the senior managers who are op

Vera_Pavlovna [14]

Answer:

The correct answer is negotiation.

Explanation:

A definition of negotiation that appears on the internet expresses, which is the communication process that aims to influence the behavior of others and where both parties reach a WIN-WIN agreement. The reason why at the end of a negotiation both parties can believe that they have won is that neither the interests nor the values have to be opposed, and it is the responsibility of the negotiators to discover the complementary points to develop a negotiation with the win-win scheme.

On the other hand, negotiation techniques are defined as the mechanisms and models of behavior that the parties use to influence the other and achieve a satisfactory solution to a conflictive encounter. These actions are based on the potential power of the parties involved in the negotiation.

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4 years ago

Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable

pav-90 [236]

Answer: $400,000

Explanation:

Days Sales Outstanding is used by a firm to estimate the amount of its accounts receivable.

DSO (Days Sales Outstanding) = Accounts Receivables/Average Sales per day

Where DSO= 20 days

Average sales per day= $20,000

Accounts receivable (AR) =?

20=AR/20000

Cross multiply to make AR the subject of the formula

Accounts Receivables = 20 x 20000

AR=$400,000.

3 0

3 years ago

A project will produce cash inflows of $5,400 a year for 3 years with a final cash inflow of $2,400 in Year 4. The project's ini

rewona [7]

Answer:

Net present value = $506.80

Explanation:

Provided details are

Cash outflow at present = $13,400

Present value will be same as is incurred today.

Cash inflow = $5,400 for 3 years and $2,400 in 4th year

Rate of required return = 14.2%

Present value factor for 3 years cumulative = 2.314

Present value factor for 4th year = 0.588

Present value of cash inflow = $5,400 $\times$ 2.314 + $2.400 $\times$ 0.588

= $12,495.60 + $1,411.2 = $13,906.80

Thus, net present value = Present value of cash inflow - Present value of cash outflow

= $13,906.80 - $13,400 = $506.80

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3 years ago

Which of the following is NOT a characteristic of effective promotion? *

Alexxx [7]

Answer:

i think no.1

sssssss

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3 years ago

'Partnership business can't be successful without mutual understanding'.justify this statement.​

'Partnership business can't be successful without mutual understanding'.justify this statement.