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Anna007 [38]
3 years ago
12

For profit organizations pursue several different types of goals such as profit, sales, market share, quality, customer satisfac

tion, employee welfare, and social responsibility. Which of these statements is most accurate?a. If profits are acceptable, a company may elect to maintain or increase its sales even though profits may not be maximized.b. Selecting a market share goal is only meaningful if you first make profit a goal.c. Customer satisfaction goals are known to increase costs and reduce profits.d. Only nonprofit organizations have the luxury of selecting social responsibility and employee welfare as goals.e. A business firm should select only one business goal so it can maintain focus.
Business
1 answer:
olchik [2.2K]3 years ago
5 0

Answer:

The answer is: B) Selecting a market share goal is only meaningful if you first make profit a goal.

Explanation:

The main objective and the reason for a profit organization to exist, is to obtain the maximum possible profit it can. In order to do this they make and execute a business which might consider different aspects of the organization, the community and the environment. But the maximum profit is the ultimate goal.

When a business selects a market share goal they will do it considering how many products they need to sell to maximize their possible profits. Most businesses try to sell as many products as they can and increase their market share, i.e. the Coca Cola Company sells the larger its profit. A few businesses can even restrain themselves from selling too many products and gaining market share, so that they can be considered exclusive or luxurious, i.e. Pagani Automobiles only manufactures around 30 cars a year but makes millions from every car sold.  

For profit organizations are extremely selfish. Everything they do has a reason behind it, and that is to maximize its profit. Even programs that improve employee welfare or help the community, are done to improve employee productivity or increase market share so that profits can grow.

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Brown Corporation earns $600,000 and pays cash dividends of $200,000 during 2012. Dexter Corporation owns 3,000 of the 10,000 ou
fomenos

Answer: $920,000

Explanation:

Given the following :

Beginning balance = $800,000

Brown's earning = $600,000

Casg Dividend = $200,000

Dexter's portion of brown's outstanding shares = 3000/ 10000 = 0.3

Therefore, Dexter's investment account is as follows :

Beginning balance + (earning × 0.3) - (Dividend × 0.3)

$800,000 + ($600,000 × 0.3) - ($200,000 × 0.3)

$800,000 + $180,000 - $60,000

$980000 - $60000 = 920000

4 0
3 years ago
In order to determine the average variable cost, the firm's variable costs are divided by _______________________.
emmasim [6.3K]

Answer:

total output.

Explanation:

for example, a company manufactures 10,000 units of A. Its total variable costs are $50,000, and its total fixed costs are $25,000.

The average variable cost = $50,000 / 10,000 = $5 per unit of A

The average fixed cost = $25,000 / 10,000 = $2.50 per unit of A

The average total cost = $75,000 / 10,000 = $7.50 per unit of A

3 0
3 years ago
How does Lincoln honor the battle of Gettysburg in his address? What did the soldiers fight for in his opinion?
Pani-rosa [81]

Answer:

a. He honors the battle in his address using the following words, ''Now we are engaged in a great civil war, testing whether that nation or any nation so conceived and so dedicated, can long endure. We are met on a great battle-field of that war.''

b. In his opinion the soldiers fought for freedom, equality and human rights.

Explanation:

The Gettysburg address was a short speech made by Abraham Lincoln on November 19, 1863 at the official dedication ceremony in Pennsylvania at the site of the battle field after the civil war. It was a declaration of freedom and independence and further cemented the soldiers sacrifice for equality and human rights.

He honored the battles by reiterating that the sacrifice made by the soldiers will not be in vain. This he does by saying that the soldiers themselves whether alive or dead have already consecrated the ground of battle and no further addition or detraction is needed. This meant that the battles itself was proof enough that the nation was ready for independence and justice.

Additionally, he also stated that the soldiers fought for freedom and the government for the people, by the people and of the people. This in other words means that the soldiers fought for democracy, where everyone is equal under the law. That equality and justice is the foundation upon which this newly independent nation has been built.

6 0
3 years ago
You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
lubasha [3.4K]

Answer:

Balance after 30 years = $151,018.50

Explanation:

In order to calculate this, we will calculate the future value on an amount invested, gaining interest over the years of investment, and this is given by:

FV = PV (1 + r)^{t}

where:

FV = future value

PV = present value

r = interest rate

t = time in years.

Hence the future value is calculated as follows:

1. For the first 10 years at 7% interest:

7% interest = 7/100 = 0.07

FV = 12,500 (1 + 0.07)^{10}

FV = 12,500 (1.07)^{10}\\FV = 12,500 * 1.967 = 24,589.392

2. For the last 20 years at 9.5%(0.095) interest:

Note that for the remaining 20 years, the present value (PV) used = 24,589.392, as ending balance after the first 10 years

FV = 24,589.392 (1 + 0.095)^{20}

FV = 24,589.392 (1.095)^{20}\\FV= 24,589.392 * 6.1416\\FV = 151,018.496

Total Future value earned = $151,018.50

5 0
3 years ago
Millcorp sells wetsuits for deep sea divers. It recently engineered a new material for its wetsuits to better hold in the wearer
spin [16.1K]

Answer:

B) Millcorp has a lawful innocent acquisition of a monopoly.

8 0
3 years ago
Read 2 more answers
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