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3 years ago

State two business situations where internal communication may be useful to you

1 answer:

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Effective internal communication helps ensure that all members of the organisation are working collaboratively towards a common goal. It develops a cohesive culture and empowers employees to make the right decisions in line with the organisation's goals.

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The concept of property rights is important to understanding the way externalities affect market efficiency. The four images abo

marusya05 [52]

Answer:

1. Private Good: A snow cone

2. Public Good: A community fireworks display

3. Common Resource: An Alaskan king crab

4. Club Good: Satellite Television

Explanation:

Goods can be categorized into four distinct categories as show above. This distinction is based mainly on two things:

A. Excludability: Whether others can be prevented from consuming them.

B. Rivalrousness: Whether consumption reduces the availability for consumption by others.

1. Private Goods: They are both excludable and rivalrous. They have to be purchased in order to be consumed. Anyone who cannot afford it, is excluded from consuming it. Similarly, the purchase of it by one person reduces the availability for another person, proving rivalry.

2. Public Goods: They are both non-excludable and non-rival. Anyone can consume it and one person’s consumption does not reduce what is available for another person.

3. Common Resource: They are non-excludable but are rival products. They are available to be utilized by anyone but one person’s consumption will reduce what is available for another person.

4. Club Goods: These are excludable but non-rival goods. Individuals can be prevented from consuming them if they don’t purchase it, but one person’s consumption won’t impact the consumption of another person.

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3 years ago

All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2016, with the exception of income tax

yulyashka [42]

Answer:

The income before tax is $370450, the income tax is $111135 and the net income is $259315.

Explanation:

As the data table is not visible,online a similar question is found for which the data is attached here with.

From the given data

Service Revenue=$943,000

Interest Revenue=$127,1000

Total Revenue=Service Revenue+Interest Revenue=$1070100

Now The expenses are given as

Supplies Expense=$349,200

Repairs and Maintenance Expense =$258,300

Depreciation Expense=$60,350

Rent Expense=$ 31,800

Total Expense=Supplies Expense+Repairs and Maintenance Expense+Depreciation Expense+Rent Expense=$699650

So the income before tax is given as

Income=Total Revenue-Total Expense

Income=$1070100-$699650

Income=$370450

So the income before tax is $370450.

Now the tax is estimated at 30% as given tax rate as

Tax=Rate*Income

Tax=30%*$370450

Tax=$111135

So the income tax is $111135.

Now the Net income is given as

Net Income=Income-Tax

Net Income=$370450-$111135

Net Income=$259315

So the Net Income is $259315.

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4 years ago

Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially netw

Bingel [31]

Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially networked world will lead to connected users having more direct interactions with sellers.

What is marketing?

Creating interest in your company's goods or services is known as marketing. This is accomplished by market research, analysis, and comprehension of the interests of your prospective clientele. Product creation, distribution channels, sales, and advertising are all included in the definition of marketing.

What is the importance of marketing?

The benefit of marketing for your company is that it engages consumers and helps them decide whether to purchase your goods or services. Additionally, your business plan's marketing strategy contributes to the creation and maintenance of demand, relevance, reputation, competition, etc.

What is Direct digital marketing?

Delivering pertinent messaging electronically to chosen recipients is known as direct digital marketing (DDM). In the same manner that direct marketing in the real world uses the postal service, DDM uses email, websites, and mobile services.

Learn more about marketing: brainly.com/question/14083500

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2 years ago

One of the problems with finding new fossil fuel deposits in developing countries is that ________.

LUCKY_DIMON [66]

C.

Multinationals are often known for their extraction of natural resources, and when they swoop in to harvest this new deposit of resources, what ends up happening is they indeed earn a profit, but due to repatriation of profits, the money may be sent back to the country of origin and the multinational may pressure the government to not tax the multinational.

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3 years ago

Strategic Types & HRM Needs Michael Porter has identified two primary ways that companies compete within an industry: on cos

Maurinko [17]

Answer:

1. Pam's production strategy should be:

C). She should have one centrally located facility to achieve economies of scale.

2. Her employees should have this attitude toward risk:

B). Risk averse

3. Her compensation system should have the following attributes:

A). High pay differentials between superiors and subordinates

4. Pam should emphasize rewards for employees who come up with ideas for __________.

B). cutting costs

Explanation:

Since "Pam had already identified cost leadership strategy as her preferred strategy, her efforts should be focused on achieving this cost leadership by ensuring that her organization comes up with cost reduction ideas. Instead of having many decentralized facilities, she should have a centrally located facility. This will ensure economies of large scale production which results in reduced cost. Finally, her employees cannot afford to be risk takers. They should be risk averse in order to save costs.

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3 years ago