Answer:
the six stages of the product adoption process are :
1. Awareness.
2. Interest.
3. Evaluation.
4. Adoption
5. Confirmation
6. trial
An investor is considered to have substantial influence over an investee if they possess between 20% and 50% of the voting shares.
Equity accounting is used to record and account for equity investments made by a firm when it holds 20% or less of the voting shares of another company.
According to the number of shares it owns in the investee company, the investor records the investee's earnings in its accounts.
In other words, the initial investment grows in proportion to the earnings earned.
The investee is a subsidiary of the investor since it has the power to control influence if it holds more than 50% of the voting shares.
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planning is an essential part of managing an enterprise. "Strategic" plan is developed as a guide during the planning process for major policy setting and decision making.
What is Strategic plan?
Business executives use the process of strategic planning to determine the aims and objectives of their organisation as well as their long-term vision. Establishing the order in which these objectives should be accomplished can help the organisation achieve its stated vision. Although it can run longer, strategic planning frequently addresses objectives with a life cycle of three to five years. A business plan may cover a time frame of several years to several months.
Why is strategic planning important?
For firms, organisational direction and goals are crucial. Strategic planning offers that kind of guidance. A strategic plan essentially serves as a roadmap for accomplishing organisational goals. It is impossible to tell if a company is on track to achieve its goals without such guidance.
The following four factors should be taken into account when creating a strategy.
1) The mission
2) The goals
3) Alignment with short-term goals.
4) Evaluation and revision.
What are the steps in the strategic planning process?
Depending on the sort of business and the level of granularity necessary, there are a plethora of different approaches to strategic planning. These five steps can be used to outline most strategic planning cycles:
1) Identify
2) Prioritize
3) Develop
4) Implement
5) Update
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Answer:
Working Capital -2019 =$229300
Working Capital -2018 = $230900
Explanation:
Working capital is the operating capital of the business that is used in the day to day running or the business and is a metric for the liquidity of the business. It is necessary for the operations of the business and is calculated as the difference between the current assets and the current liabilities.
Working Capital = Current Assets - Current Liabilities
Working Capital -2019 = 498600 - 269300 =$229300
Working Capital -2018 = 532400 - 301500 = $230900
Answer and explanation:
Product costs are those that are linked to the manufacturing of a good such as direct materials, direct labor, and overhead. Period costs are not involved directly in the manufacturing process but are important for the business. Examples of period costs are administrative wages, sales commissions, or depreciation. Thus:
A) <em>Sales salaries </em>(Period Costs)
B) <em>Paper used for the magazine </em>(Product Cost)
C) <em>Maintenance on printing machines </em>(Product Cost)
D) <em>Depreciation expense-corporate headquarters </em>(Period Cost)
