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Sergio [31]
3 years ago
8

What important role does management play in organizations?

Business
1 answer:
QveST [7]3 years ago
4 0

Answer:

The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform. If Management ensures that all the activities are designed effectively, the production of each individual worker will contribute to the attainment of the organizational goals.

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Best Value Hardware Stores, a national chain, has established strict policies about the conditions under which a customer can re
TiliK225 [7]

Answer:

business rules

Explanation:

Business rules define how a business will execute a certain process. For example, establishes the conditions where products can be delivered without any extra charge or fee: if the purchase amount is over $500, or within a 5 mile radius.

It establishes the parameters at which the business will operate. An employee should always be able to determine if a business rule allows or not a process to be performed, no gray areas should exist. Following with our previous example, if the purchase adds up only $450, then a delivery fee should be charged, or if the customer lives 7 miles away.

7 0
3 years ago
Project A is opening a bakery at 10 Center Street. Project B is opening a specialty coffee shop at the same address. Both projec
Amiraneli [1.4K]

Answer:

The correct approach will be "NPV (Net present value)".

Explanation:

NPV concessions as well as reduce all potential investment returns from the campaign.

⇒ NPV = Present value of cash inflows - Present value of cash outflows

While using the NPV methodology with the appropriate project cost, we can determine is not whether the project is reasonable. Unless the Net present value is positive, the venture can not be dismissed and rejected whether it is poor or negative.

3 0
3 years ago
Reinforcement ads are reminder ads that:
grin007 [14]

Answer:

b. assure current users they made the correct choice in choosing the product.

Explanation:

  • The advertising that assured the purchasing party to be reassured and tells them they have done have the right thing by buying the brand or product and also explains how to get the best results from that product along with the most satisfaction. Its purpose is to maintain a market share.
  • An example of this could be the automobile industry that provides the information regarding the warranty, and uniqueness and brand value. <u>Just to have a positive reinforcement and develop a conditioning towards that product or brand.</u>
7 0
3 years ago
A contingent liability: multiple choice is only remotely possible. cannot be estimated. will result from a future event. is a po
garik1379 [7]

Answer:

is a potential liability that has arisen because of a past event or transaction.

Explanation:

A contingent liability is a potential liability that has arisen because of a past event or transaction.

Some of the characteristics of contingent liabilities includes being remote, probable, estimable, and reasonably possible.

In order to record a contingent liability as a liability on a company's balance sheet, it must be probable (likely to occur) and subject to estimate.

Hence, companies are advised to record the contingent liabilities so as to meet the Generally Accepted Accounting Principles (GAAP) and IFRS requirements.

4 0
3 years ago
Nikki loves order and efficiency. She works to make sure that the supply chain is running properly and loves to
Naily [24]

Answer:

Distribution and Logistics

Explanation:

Logistics are the activities of a company related to distributions of its product. It encompasses all efforts of moving goods from the factory to the retailers for sale to the customers. Transport and warehousing are part of logistics.

The distribution and logistics department plans, organize, and manages the movement of products to their intended destination. Nikki is most likely to be in the distribution and logistics career path. She ensures that the supply chain is running efficiently and tracts the movement of products.

7 0
3 years ago
Read 2 more answers
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