The correct answer to this open question is the following.
Although the question provides no context or references, we can say that if the top-level management team has accepted your recommendation their effectiveness can be evaluated three months after implementation in the following way.
The recommendation needs to establish some goals that have to be accomplished in the short, medium, and long-range. After the first three months, you establish your exéctations and you should have included your KPIs or Key Performance Indicators in order to do the proper evaluation and knowing if the recommendations were valid or attainable. Lack of goals or KPIs to evaluate the recommendation would end up complicating the evaluation process.
FisherCo is intending to invest in a new project. The hurdle rate is the minimum rate of return the firm will accept on this project.
The hurdle rate is the minimum rate of return a project must have in order for a project to be accepted. It can also be referred to as the discount rate or the required rate of return or the cost of capital.
When the hurdle rate is greater than the internal rate of return of a project, the project would be rejected. If the hurdle rate is less than the internal rate of return of a project, the project would be accepted.
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The company should improve their distribution management.
<u>Explanation:
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Distribution management describes the process of managing the transport of goods from the supplier or retailer to the point of purchase.
It is an overriding term that applies to a number of activities and methods, such as packaging, stock, warehousing, supply chain, and transportation.
For the business ' financial success and corporate success, the adoption of a distribution management strategy is crucial.
Distribution management helps to maintain organization and satisfies customers.
The basic idea of distribution management as a marketing tool is that distribution management takes place in an environment that also includes the following aspects:
Product, Price, Promotion and placement (4 P’s)
Explanation:
1. The journal entry is as follows:
On March 1
Prepaid insurance A/c Dr $36,000
To Cash A/c $36,000
(Being the prepaid insurance is recorded for cash)
For recording the advance purchase of insurance, we debited the prepaid insurance and credited the cash account. Both the accounts are recorded at $36,000 so that the proper posting could be done.
Answer:
as the price of a good increases,the quantity supplied decreases