Why is it money is important in growing company ?

What recommendations/actions would you provide to a coworker if they did not understand an email that was written by their super

valentina_108 [34]

My recommendation would be: communicate directly to the supervisor to clarify the intend of the email

Most employees believed that asking clarification to their supervisor would reflect badly on them since it make them look incompetent.

But most supervisors are trained to provide employees with guidance if they do not understand their assignment. And, following the wrong order would be significantly worse compared to not able to understand an email.

4 0

3 years ago

Read 2 more answers

A university is deciding between two meal plans. One plan charges a ﬁxed fee of $600 per semester and allows students to eat as

Dafna11 [192]

Answer:

Students will eat the most under the fixed fee plan.

Explanation: The fixed fee plan whereby students can eat as much as they can after paying a one - time semester fee of $600 seems to provides students with a breakthrough from consumption constraint. One of the major factors which hampers the consumption rate of an individual is income. However, once there is no need to pay any additional fee aside the first payment, the issue of eveluating one's income when about to eat is expunged. The other plan seems expensive and will have a greater impact on student's income as the cost of food will increase with the number of meals taken therefore allowing student's to be more prudent in their consumption.

8 0

3 years ago

Consider brand names and advertising, and then choose the correct statement.

ValentinkaMS [17]

Answer:

B. Firms that produce advertising trade in a "two-sided market".

Explanation:

It is a business model for economic exchange between two distinct user groups.

8 0

3 years ago

Dome Metals has credit sales of $522,000 yearly with credit terms of net 30 days, which is also the average collection period. A

monitta

Answer:

The net change in income if the new credit terms are adopted would be of $ 3,770

Explanation:

In order to calculate the net change in income if the new credit terms are adopted we would have to make first the following calculations:

New sales after new credit terms = ($522,000*110%)

New sales after new credit terms = $ 574,200

Increase in profit from newsales = (Profit % * New sales)

Increase in profit from newsales = (25%*($574,200-$522.000))

Increase in profit from newsales = $ 13,050

Average accounts receivable balance without discount = (Average collection period*Average daily sales)

Average accounts receivable balance without discount = (30*($522,000/360))

Average accounts receivable balance without discount = $ 43,500

Average accounts receivable balance with discount = (Due in days with discount*Average daily sales)

Average accounts receivable balance with discount = (10*($574,200/360)) Average accounts receivable balance with discount = $ 15,950/.

Reduction in accounts Receivable = ($43,500-$15,950)

Reduction in accounts Receivable = $ 27,550

Interest savings is = (Reduction in accounts receivable*firm's bank loan cost)

Interest savings is = ($27,550*8%)

Interest savings is = $ 2,204

Cost of discount = (Discount rate * Sales) = (2%*$574.200) = $ 11,484/.

Therefore, Net Gain/(Loss) is = (Increase in Profit+Interest savings-Cost of discount)

Net Gain/(Loss) is = ($13,050+$2,204-$11,484)

Net Gain/(Loss) is = $ 3,770

The net change in income if the new credit terms are adopted would be of $ 3,770

7 0

3 years ago

Which of the following statements about industry lifecycle is false? Select one: During the growth stage of the market life cycl

xxMikexx [17]

Answer:

During the growth stage of the market life cycle, customers are very likely to establish brand loyalty.

Explanation:

Industry life cycle

This explains the stages or cyles from beginning to end of a product in a market. Some products go through these stages. It consists of four stage which are

1. introduction

2. Growth

3. Maturity

4. Decline

Growth stage

The characteristics of this stage is that product or brand finds its way or gains market acceptance sales start to rise, Competitive reaction will determine life expectancy of the product and sales promotion and distribution play a vital role in this stage. It is the period when sales are increasing at their fastest rate.

The statement above is false due to the fact that In the growth stage of market life cycle, the primary objective is to buildup consumer preferences for the specific brands. A lot of this needs to be considered and put in place such as strong brand recognition, differentiated products, and the financial resources to support a variety of value-chain activities such as marketing and sales, and research and development.

7 0

3 years ago