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In-s [12.5K]
3 years ago
10

Which of the following should NOT be included in the Operations and Management Plan of a business plan?

Business
1 answer:
Mademuasel [1]3 years ago
4 0
Risks associated with operating the business
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The technical terminology or characteristic idiom of a particular group is called _____.
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Your answer is C, Jargon.
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Accounting Cycle From the following list of steps in the accounting cycle, identify what two steps are missing: Transactions are
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Answer:

1. Transactions are analyzed and recorded in the journal.

2.Transactions are posted to the ledger.

3. An unadjusted trial balance is prepared.

4. An optional end-of-period spreadsheet is prepared.

5. Adjusting entries are journalized and posted to the ledger.

6. An adjusted trial balance is prepared.

7. Record adjusting Entries

8. Financial statements are prepared.

9. Closing Entries

10. A post-closing trial balance is prepared.

Explanation:

Accounting Cycle From the following list of steps in the accounting cycle, identify what two steps are missing:

1. Transactions are analyzed and recorded in the journal.

2.Transactions are posted to the ledger.

3. An unadjusted trial balance is prepared.

4. An optional end-of-period spreadsheet is prepared.

5. Adjusting entries are journalized and posted to the ledger.

6. An adjusted trial balance is prepared.

7. Record adjusting Entries

8. Financial statements are prepared.

9. Closing Entries

10. A post-closing trial balance is prepared.

7 0
3 years ago
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The _______________________ used external pay data to identify the relative value of jobs based on what other employers pay for
Delicious77 [7]

Answer:

The correct answer is letter "D": market pricing method.

Explanation:

The market pricing method for calculating wages levels collects information from other companies with similar operations, geographical areas, and job positions to compare them with the data of the business so an average salary can be determined for its employees. With this analysis, institutions remain competitive when it comes to salaries or can decide to provide workers higher-than-market salaries to attract qualified personnel.

Companies should evaluate the wages market every two (2) to three (3) years to find out if conditions have changed.

6 0
3 years ago
Activity-based costing uses one plantwide pool and numerous cost drivers departmental pools and a single cost driver. numerous c
kipiarov [429]

Answer:

numerous cost pools and numerous cost drivers

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.

Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

6 0
3 years ago
1. Develop a marketing plan for the business you described in Final Assignment A by replacing the information in each of the cat
zvonat [6]

Answer:

Final Assignment B  

Market Research-

What will make my market research a more successful plan is the research I've found and done for it. Demographic, Psychographic Geographic, and Behavioral are the three key segments in my market plan. This will aid in the differentiation of gender, age, and lifestyle in my market plan. The Demographic market segment of my market plan is what I'm mostly targeting.

Demographic segmentation separates the market into smaller groups based on criteria like age, gender, and income. Instead of reaching out to the entire market, I'll use this strategy to concentrate resources on a certain segment of my market.

Product Description-  

When people learn about my low prices on the thing I'm offering, they'll be hooked. Everyone deserves luxuries, not some rubbish that turns your neck green after a few rinses, with the most magnificent jewelry and clothing.

People will require this since everyone has an important meeting or a special family gathering, and no one has the same level of luxury as a really wealthy individual. The things aren't visibly made of the same material as Gucci or other more costly locations, but that's part of what makes them so appealing: you get what a millionaire has for a fraction of the cost. People will be ecstatic because they can now buy something they couldn't before, allowing them to make their looks look drastically different and giving them the confidence to go out when others don't.

Competition Analysis-  

Shien, a large clothing company, sells shirts for as little as $12, and every product they sell is quite low. The difference between their company and mine is that mine will sell things at that price, but they will appear to cost more, and everything will be made creatively and not sell fakes.

All of the materials used in the apparel will have a luxurious feel to them and will not appear to be cheap. Every piece of clothing sold will be available in every size, allowing everyone to experience good apparel rather than having to choose between different sizes, causing people to miss out on something truly unique and to their taste.

Brand Image Goals-  

I want my customers to think of my business as a destination. They don't have much money or are saving for something special, but they have been asked to something once in a lifetime, which is where my company comes in. They won't go to any other store since it's so amazing.

The atmosphere in the store will be so pleasant and inviting that customers will wan

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