1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zinaida [17]
2 years ago
15

Discuss steeps involved in business planing process​

Business
1 answer:
bazaltina [42]2 years ago
8 0

Steps for business planning:

Step 1: Establish your mission. In essence, your mission statement explains why your business exists. ...

Step 2: Analyse your SWOT. ...

Step 3: Develop a plan. ...

Step 4: Create a budget. ...

Step 5: Put it in writing. ...

Step 6: Make it a living document.

Steps for planning

1] Recognizing Need for Action. ...

2] Setting Objectives. ...

3] Developing Premises. ...

4] Identifying Alternatives. ...

5] Examining Alternate Course of Action. ...

6] Selecting the Alternative. ...

7] Formulating Supporting Plan.

You might be interested in
The product is shown without a decimal point. Where should the decimal point be placed?
mojhsa [17]

Answer:

Answer:B Place the decimal point after 2

Explanation:

All you have to do is multiply 3.12 times 4

7 0
3 years ago
Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking a
Yanka [14]

Answer:

The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.

We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.

7 0
3 years ago
Ray, a manager at Senzel Inc., wants to implement a new software in the company's processes. This software will help him monitor
Airida [17]

Answer:

C . Consulting

Explanation:

Ray, a manager at Senzel Inc. is utilizing consulting skills.

The lower-level managers he discusses with in order to understand the effect the software will have on the internal environment of the company refers to the CONSULTANT in this scenario.

Consulting can be defined as the process of giving advice or seeking the help of professionals regarding a particular subject in a specific field.

Consulting means to engage in the business of giving advice to professionals in a particular field.

Consulting is the act of helping people to solve problems of moving from their current level to their desired level.

A consultant refers to a professional who renders the service of giving advice to people in a particular field mostly in exchange for a fee.

4 0
3 years ago
Match the accounting terminology to the definitions (Click the icon to view the definitions.)
Volgvan

Answer:

a. Accounting.

b. Certified public accountants.

c. Creditor.

d. Managerial accounting.

e. Certified management accountants.

f. Financial accounting.

Explanation:

1. <u>Accounting</u>: information system that measures business activities, processes that information into reports, and communicates the results to decision makers.

2. <u>Certified public accountants</u>: professional accountants who serve the general public.

3. <u>Creditor</u>: person or business to whom a business owes money.

4. <u>Managerial accounting</u>: field of accounting that focuses on providing information for internal decision makers.

5. <u>Certified management accountants</u>: professionals who work for a single company.

6. <u>Financial accounting</u>: field of accounting that focuses on providing information for external decision makers.

7 0
3 years ago
You have the following information for Wildhorse Co. for the month ended October 31, 2017. Wildhorse Co. uses a periodic method
Dmitry [639]

Answer:

The weighted-average cost by unit is $28,338.

Explanation:

AVCO Perpetual chart is attached.

AVCO Perpetual chart shows purchases , sales and balance of each period. Highlighted you will find the balance at the end of every purchase or sale.

When you have a purchase: Use the following formula to get the weighted-average cost by unit:

(P₁*Q₁)+(P₂*Q₂)/(Q₁+Q₂)

P₁ and Q₁ are the balance from operation that you made before.

P₂ and Q₂ is the data of the new operation (new purchase)

When you have a sale: you only discount the Quantity and use the average cost by unit to get the final inventory.  

The balance at the end of October is

Units Unit Cost Total

76         $28,338          $2.153,720 

Download xlsx
3 0
3 years ago
Other questions:
  • Give an opinion on the fact that poorer household are the hardest hit
    12·2 answers
  • Your rich aunt has promised to give you $ 2 comma 000 per year at the end of each of the next four years to help you pay for col
    7·1 answer
  • A company is trying to decide which product to manufacture. The following information is available: Costs Product A Product B Di
    11·1 answer
  • A company purchased $10,000 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $800 of that merchandise
    11·1 answer
  • Goshawks Co. produces an automotive product and incurs total manufacturing costs of $2,600,000 in the production of 80,000 units
    13·2 answers
  • You are considering a 10-year, $1,000 par value bond. Its coupon rate is 8%, and interest is paid semiannually. If you require a
    13·1 answer
  • In an economy where heating oil is the primary source of heat for most households, new supplies of natural gas, a substitute for
    9·1 answer
  • What is the definition of creative command
    14·1 answer
  • Toyota's global success in the 1990s and early 2000s was based to a large extent on a network of world-class suppliers in Japan.
    6·1 answer
  • MasterCard managers are motivated to increase (1) the number of individuals who have and use a MasterCard credit card, (2) the n
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!