1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Lydia works at a medical facility in which all employees are required to wear white shoes. lydia does not agree with this rule.
Juli2301 [7.4K]
Lydia could take lots of people's signatures that agrees with her. is there even a medically reason why they have to wear white shoes?
8 0
3 years ago
A property sold in april for $216,500. it sold again 9 months later for $245,750. what was its average monthly rate of appreciat
Usimov [2.4K]

The monthly rate of appreciation is 1.50%.

Appreciation may be used to refer to growth in any sort of asset, along with inventory, bond, currency, or actual property. For instance, the term capital appreciation refers to a growth in the fee of economic belongings which includes stocks, which could arise for motives such as advanced financial overall performance of the enterprise.

It is a phrase normally said to any other individual because they trust that they deserve reputation and reward. Pronouncing that you recognize a person in a manner to present your time, difficult work, or energy to the person you need to apprehend.

Being preferred is a way to experience that we are important to others; we make a difference in their lives. We are valued — or maybe loved. it's far validating and meaningful to pay attention that what we've completed something component appropriate or that who we are is appreciated. As humans, we long for connection.

Learn more about appreciation here brainly.com/question/1833440

#SPJ4

7 0
1 year ago
Matt's Machine Company has borrowed $10 million for four months at 5.5% APR, using inventory stored in a field warehouse as coll
Mnenie [13.5K]

Answer:

The Matt's EAR is 7.24%

Explanation:

The money borrowed by the company (L) = $10 million

Time period for the loan (T) = 4 months

Rate given (APR) = 5.5%

Per Month rate R=5.5%/12=0.46%

The fee of warehouse that is paid at the starting of the loan = 0.5%

Now we have to calculate the Matt’s EAR.

Warehouse fees =0.5%

So Fees F= 0.5% × L = 0.5% × $10 = $0.05 millions

Therefore, the Net amount we get N = L – F = 10 - 0.5 = $9.95 millions

Assume  r be the per month EAR

N*(1+r)^4 = L*(1+R)^4

9.95*(1+r)^4 = 10*(1+0.46%)^4

r=0.58%

EAR =(1+r)^12-1= (1+0.58%)^12-1 = 7.24%

8 0
3 years ago
Tulip Corporation purchased equipment for $ 60 comma 000 on January​ 1, 2017. On December​ 31, 2019, the equipment was sold for
Mashcka [7]

Answer:

The sell will generate a loss of $6,000.

Explanation:

Please find the below for detailed calculations and explanations:

- The equipment's net value at the time of disposal is equal to: Book value of the equipment - The accumulated depreciation of the equipment = 60,000 - 28,000 = $32,000;

- The gain/(loss) on the disposal of equipment is equal to: Sell price of the equipment - The equipment's net value at the time of disposal = 26,000 - 32,000 = $(6,000)

Thus, Tulip Corporation's disposal of the equipment at Dec 31st 2019 makes a loss of $6,000.

8 0
3 years ago
Stan and Heidi are married and both have careers in business. If one of the two were todie, there would be a sudden drop in inco
alex41 [277]

Answer:

Life insurance.

Explanation:

Life insurance is defined as a contract that is raised between an individual and an insurance company that guarantees the payment of a particular amount tonthe individual's beneficiary in the case of death. The insurance policy requires premium to be paid on agreed intervals.

Stan and Heidi are both having caterers in business, and death of one of them will lead to decreased income.

To guard against this the couple can purchase a life insurance that will pay beneficiary a guaranteed sum in case of death of one of the partners.

This will ensure there is no sudden drop in their income.

4 0
3 years ago
Other questions:
  • In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.30/eu
    14·1 answer
  • What are four reasons to limit the scope of a small business
    5·1 answer
  • If you cause a car accident which type of insurance will require you to pay the least out of pocket
    14·2 answers
  • Upselling is enhancing a product by recommending additional products or services. True False
    13·1 answer
  • 2. Distinguish between economic and non-economic wants.
    15·1 answer
  • Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $489,000, va
    9·1 answer
  • Creative Sound Systems sold investments, land, and its own common stock for $32.0 million, $14.8 million, and $39.6 million, res
    14·1 answer
  • A risk-free bond will pay you $1,000 in 2 years and nothing in between. The annual discount rate is i=27.5% compounded annually.
    7·1 answer
  • What are the 5 steps in the process for planning and preparing spoken and written messages?
    7·1 answer
  • 9. The controlling function of management could also be described as (1 point)
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!