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3 years ago

What do you understand about term management

Business

1 answer:

GrogVix [38]3 years ago

7 0

Explanation:

Management is the coordination and administration of tasks to achieve a goal. Such administration activities include setting the organization's strategy and coordinating the efforts of staff to accomplish these objectives through the application of available resources.

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You do an extensive survey and learn that 15 out of the 200 people surveyed like to eat out on Tuesdays. You then look only at t

Naily [24]

The family should be less likely to eat out on Tuesday as compared to the general population.

Given that,

Out of 200 people, 15 people should eat out on Tuesday.
Now only look 60 families out of this 10 should be preferred to eat out on Tuesday.

Based on the given information, we can conclude that the family should be less likely to eat out on Tuesday as compared to the general population.

Learn more about the population here: brainly.com/question/8696744

3 0

3 years ago

Which of the following statements regarding budgets is true? a. Budgets are detailed forward-looking financial reports based on

Shkiper50 [21]

Answer:

a. Budgets are detailed forward-looking financial reports based on expected income and expenses.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.

The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.

3 0

3 years ago

What can be a benefit of using interviews to select employees to hire

sashaice [31]

Answer:

To make sure they have experience and know what they are doing

8 0

3 years ago

On May 1, 2021, Meta Computer, Inc., enters into a contract to sell 4,000 units of Comfort Office Keyboard to one of its clients

Artist 52 [7]

Answer:

this contract includes 2 performance obligations

Explanation:

the performance obligations are as follows:

performance obligation 1 refers to providing 4,000 keyboards to Bionics
performance obligation 2 refers to the special discount options which could be redeemed by the client resulting in a material right. If the client had not made this purchase, then it wouldn't be entitled to the special discount.

A performance obligation is created whenever a business promises a customer that it will deliver or provide a good or service.

4 0

3 years ago

A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It

pav-90 [236]

Answer:

The answer is option (B), accumulated depreciation at end of the second year=36,000+45,600=$81,600

Explanation:

Determine the depreciable cost using the formula below;

depreciable cost=acquisition cost-residual value

where;

acquisition cost=$190,000

residual value=$10,000

replacing;

depreciable cost=190,000-10,000=$180,000

depreciable cost=$180,000

Determine the cost per unit as follows;

depreciable cost=cost per bolt×number of bolts produced

where;

depreciable cost=$180,000

cost per bolt=c

number of bolts produced=75,000 bolts

replacing;

180,000=c×75,000

75,000 c=180,000

c=180,000/75,000=2.4

The cost per bolt=$2.4

annual depreciation for the first year=(2.4×15,000)=$36,000

annual depreciation for the second year=(2.4×19,000)=$45,600

accumulated depreciation at end of the second year=36,000+45,600=$81,600

3 0

3 years ago

What do you understand about term management​

What do you understand about term management