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2 years ago

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.

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The following exchange demonstrates which problem solving technique?We pay higher costs than we need to when we go bowling becau

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A.Fishbone Diagram because that's the answer

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4 years ago

Read 2 more answers

You’re a broker writing an mls policy for your firm. which would you likely want to include?

Svetradugi [14.3K]

You’re a broker writing an MLS policy for your firm. When and if listing data should be submitted to you for approval, want to include it.

Some listing services offer more exposure to resellers and more options for agents to represent buyers. In return, both brokers receive a sales commission.MLS regulations permit MLS data to be made available to MLS on additional Her websites unless otherwise directed by MLS's administrator.

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2 years ago

At a price of $5/hour, bob wants to hire three workers. when the price rises to $7/hour, bob wants to hire only two workers. bob

Rashid [163]

$5 per worker
5*3=15
$7 per worker
7*2=14
total of what he pays the workers per hour
15+14=29
he pays the workers 29 dollars per hour

7 0

3 years ago

Carter & Carter is considering setting up a regional lockbox system to speed up collections. The company sells to customers

barxatty [35]

Answer:

c. $40,000

Explanation:

Reduction in Account Receivables $500,000

($2,500,000 * 20%)

* Interest rate 11%

Annual saving $55,000

Less: Annual cost of system -$15,000

Pretax Net annual savings $40,000

4 0

4 years ago

In 2019, Bonita Industries sold 3000 units at $1000 each. Variable expenses were $700 per unit, and fixed expenses were $780000.

solniwko [45]

Answer:

Bonita’s break-even point in units for 2020 is 812.50 units.

Explanation:

Break-even point in units refers to the number of units of commodity that must sold by a company in order for its cost to be equal to revenue and therefore make no profit but also no loss. This can be determined for Bonita Industries as follows:

Selling price in 2020 = Selling price in 2019 * (100% - Percentage cut in selling price) = $1,000 * (100% - 40%) = $1,000 * 96% = $960

Variable expenses = $700

Fixed expenses = $780,000

Contribution per unit = Selling price in 2020 - Variable expenses = $960 - $700 = $260

Bonita’s break-even point in units for 2020 = Fixed expenses / Contribution per unit = $780,000 / $960 = 812.50 units

Therefore, Bonita’s break-even point in units for 2020 is 812.50 units.

8 0

3 years ago

Discuss steeps involved in business planing process​

Discuss steeps involved in business planing process