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3 years ago

Write 6 importance of business plan.

Business

1 answer:

hoa [83]3 years ago

7 0

Answer:

Why is business plan important? Business plans typically include detailed information that can help improve the business's chances of success, like a market analysis, competitive analysis, customer segmentation, marketing, logistics and operations plans, cash flow projection and an overall path to long-term growth.

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A manager demonstrates when he listens carefully to his subordinates and works to build trusting relationships.

LUCKY_DIMON [66]

1. Consideration, 2. D- Impoverished Management (1, 1): E-Task management –Authority compliance (9, 1): A-Country Club (1, 9): C- Middle-of-the-Road (5, 5): B-Team Management (9, 9):

<u>Explanation:</u>

Extent to which leader is sensitive to employees . It is about being sensitive to subordinate's ideas and feelings, Considerate managers , listen to employee's problems, show appreciation and seek input from subordinates Initiating Structure - Extent to which a manager is task oriented and working toward goals achievement . Leadership style is of five kinds as per the leadership/managerial grid model

D- Impoverished Management (1, 1):

Managers are low on both the dimensions. Leader is not concerned much about people or job. He does enough to secure job

E-Task management –Authority compliance (9, 1):

Managers are more concerned with task accomplishment and less concerned about people. This style is dictatorial. Leaders believe in efficiency. Because of strict policies and procedures, high attrition rate is there

A-Country Club (1, 9):

Low task and high people orientation.

Leader is people friendly. He is considerate and feels people will work on their own. A low focus on tasks can decrease productivity .

C- Middle-of-the-Road (5, 5):

Compromising position where leader maintains a balance between company needs and the needs of people.

Neither is fully met resulting in average performance.

B-Team Management (9, 9):

Leader believes in empowerment, trust, and consideration towards subordinates as well as focuses on tasks accomplishments

4 0

3 years ago

Mark and Addison formed a partnership. Mark received a 25% interest in partnership capital and profits in exchange for land with

nevsk [136]

Answer:

$24,000

Explanation:

Calculation to determine How much taxable gain will Mark recognize from the sale

Mark allocated precontribution gain $20,000

($40,000-$60,000)

Add Post contribution gain $4,000

($60,000-$76,000*25%]

Taxable gain $24,000

($20,000+$4,000)

Therefore How much taxable gain will Mark recognize from the sale is $24,000

7 0

3 years ago

If the nicks were to play against cavs who will win?

Irina18 [472]

Umm, the cavs considering 1:they're better and 2: nicks isn't even a team it's the knicks.

8 0

3 years ago

Ellen Carson’s sales for 5 months were $26,908, $28,386, $28,730, $27,290, and $29,009. What must be her sales next month if she

hjlf

Answer:

$28,065

Explanation:

The moving averages method uses the means of the previous months as the forecast for the next months.

The formula for the moving average is as below.

Moving Average = (n1 + n2 + n3 + ...) / n

In this case, the Moving average = $26,908 +$28,386 +$28,730, $27,290+ $29,009 / 5

= $140,323 /5

=$28,064.6

=$28,065

7 0

3 years ago

Required:

olga55 [171]

Answer:

Find below the variables missing from the question:

Selected sales and operating data for three divisions of different structural engineering firms are given as follows :

Division A Division B Division C

Sales $5,800,000 $9,800,000 $8,900,000

Average operating assets $1,450,000 $4,900,000 $2,225,000

Net operating income $284,200 $872,200 $191,350

Minimum required rate of return 18.00% 17.80% 15.00%

On the basis on return on investment Division A is preferred

On the basis of residual income Division A is also preferred

Explanation:

Return on investment is the net operating income compared to the average operating assets in the year:

Division A return on investment=$284,200/$1,450,000=19.6%

Division B return on investment=$872,200/$4,900,000=17.8%

Division C return on investment=$191,350/$2,225,000 =8.60%

Residual income=net operating income-(required rate of return*average operating assets

Division A residual income=$284,200-(18%*$1,450,000)=$23200

Division B residual income=$872,200-(17.80%*$4,900,000)=$0

Division C residual income=$191,350-(15%*$2,225,000)=$=$191,350-(15%*$2,225,000)

4 0

3 years ago

Write 6 importance of business plan.​

Write 6 importance of business plan.