All categories

3 years ago

1. the basic control process of business begins with _____.

Business

2 answers:

Rudik [331]3 years ago

6 0

Beings with the establishment of clear standards of performance.

Masja [62]3 years ago

5 0

The establishment of clear standards of performance is the answer.

The basic control process of business begins with the establishment of clear standards of performance.

Further explanation:

Control process:

The control process is the functional process for organizational control which have been arrived from the goals of the organization and the strategic management of the organization.

The establishment of clear standards of performance says that employees or any person should improve the performance according to the standards. Every organization, company, school, authority wants good employees who have clear standards of performance. To meet the organization’s expectations or targets, employees should perform well to meet the standards of performance. For the best effective and efficient management, employees should give their best and the seniors or the organization should also understand them well too.

A good environment is being required by everyone, so as to live peacefully and to work in a healthy environment. There should be a manager-employee relationship, where a manager should understand their employee’s problem and the employee should also give his/her best to achieve the objective of the organization.

Thus, the basic control process of business begins with the establishment of clear standards of performance.

Learn more:

1. Communication principles

brainly.com/question/10794541

2. Life Insurance

brainly.com/question/2674013

3. Insurance rules

brainly.com/question/6075135

Answer details:

Grade: High School

Subject: Business

Chapter: Control process

Keywords: The basic control process of business, begins with the establishment, of clear standards of performance, expectations, target, employees, manager, senior, relationship, healthy, environment.

You might be interested in

Consider Frankâ€™s decision to go to college. If he goes to college, he will spend $21,000 on tuition, $1,800 on books, and $11,

alex41 [277]

Answer:

b. $42,600

Explanation:

First, we calculate the total cost of college:

$21000+1800+11000=33800$

Now, we calculate the net income she would receive, if she didn't go to the college:

$16000-7200=8800$

Finally, the opportunity cost of going to college is the result of adding the total cost of college plus the net income that she would receive if she works instead of going to college.

$33800+8800=42600$

7 0

3 years ago

What were the main reasons grange decided to leave school in order to start his own team?

aleksandr82 [10.1K]

One of the main reason is He Knocked out in one of the games during high school. Grange remained unconscious for two days after the blow and started to experience difficulity in speaking. This make his career became really blurry and none of the team want to sign him. In the end, he had to make his own team.

3 0

4 years ago

For the year ended December 31, Ion Corp. had cash inflows of $25,000 from the purchases, sales, and maturities of held-to-matur

77julia77 [94]

Answer:

The amount of net cash flow from investing activities that ion should report in its cash flow statement is $65,000.

Explanation:

A cash flow statement is one of the financial statements which will tell how changes in income statement and balance sheet accounts will affect the company's cash inflow and outflow. This statement will break down the analysis in to operating , investing and financing activities.

For taking out the net cash flow in investing activities, purchase activities are added and sale activities are subtracted and from the given information in the question , it is clear that both are purchasing activities, therefore

NET CASH FLOW FROM INVESTING = $25,000 + $40,000

= $65,000

5 0

3 years ago

Mutual funds allow the common investor without much initial capital to be able to a strategy not easily employable among stocks

Fed [463]

Answer:

diversify

Explanation:

A mutual fund refers to the professionally managed investment group that funnels money for the acquisition of financial instruments from several investors.

Relative to direct investment in individual financial instruments, mutual funds have pros and cons. The main benefits of mutual funds are providing efficiencies, a better level of diversification, providing liquidity, and being proceeded by institutional investors. On the down side, the creditors will pay different costs and expenses in such a mutual fund.

Mutual funds ' main types comprise open-ended securities, investment vehicles with groups, and closed-end assets. Exchange-traded funds (ETFs) are open-end securities or funds with investment groups listed on markets. Many close-ended securities often mimic exchange-traded funds, as they can be exchanged on stock markets in order to enhance liquidity.

3 0

3 years ago

National chain stores have found that private brands help differentiate them from their competitors. As the size of retail compa

kari74 [83]

Answer:

The correct answer is Economies of scale.

Explanation:

The economy of scale occurs when a company has the power to manage the situation in production when it presents an optimal level of production, which allows it to produce a larger quantity at a lower cost since, as sustained growth occurs, its unit production costs are directly reduced.

7 0

3 years ago