Answer:
c. determining how managers are performing against prior year's operating results.
Explanation:
Management compare actual performance against planned goals to enable them evaluate deficiencies in the actual performance which can give directions to areas that should be improved upon. Moreover, comparing actual performance and planned goals expose deficiencies in the system which management would take into consideration when making future plan hence eliminate unplanned expenditures.
Again, there is also identification of priorities to accomplish objectives when actual performance are compared against planned goals.
Answer:
C.
Explanation:
The change model was developed by Kurt Lewin. The model is divide into three steps: unfreezing, changing and refreezing.
According to this three-step model of Kurt, the step that represents the 'unfreezing' stage is option C.
The <u>unfreezing stage</u> of the change model helps people to gain an overview of daily life. It helps to unlearn the bad habits and adopt new and innovative ways to reach the goal or objectives.
So, <u>according to the definition of the 'unfreezing' stage of the change model, the correct answer is option C as in this step, Kotter is creating a new vision or ways to reach the goal or vision</u>.
Answer: the correct answer is (B) newly rich consumers will not buy the watches if the watches are not advertised to people who are not yet wealthy who will then hold the watches in high regard
Explanation:
The paragraph says that that most purchasers of Brand X's luxury watches have only recently become wealthy and buy this brand so the logical argument is to reach "recently become rich" to attain higher sales. Advertizing in the magazine mentioned is not guarantee that the "new rich" will buy more watches since we don't know if they read the magazine mentioned.
Answer:
c. 7 percent
Explanation:
The real interest rate will be net of the effect of inflation.
In this case we are givne with the principal and the amount.
We will solve for nominal rate first:
amount/ principal - 1 = rate
1,120/1,000 - 1 = 0.12
Now, we calculate the real rate of return. we subtract the inflation from the nominal to achieve the real rate.
nominal - inflation = real rate
0.12 - 0.5 = 0.07
The real interest rate will be of 0.07 = 7%
Answer:
A buyers agent is a licensed real estate agent who represents the buyer in a transaction. The buyer's agent has authority to act On behalf of the buyer in Negotiating a Purchase and sale agreement with the seller's agent.
