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KIM [24]
2 years ago
5

Why is using a budget beneficial?

Business
1 answer:
Nataly_w [17]2 years ago
5 0

Answer:

All of The Above

Explanation:

They all make sense in terms of budget

You might be interested in
What type of budget is used to forecast income and expense for ongoing business operations?
Kruka [31]

Answer:

The correct answer is: Operating budget.

Explanation:

An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the <em>number of sales expected in dollars</em>, <em>fixed and variable costs</em> as well as <em>operating expenses</em> such as loan payments or depreciation.

4 0
4 years ago
Live Easy, Inc., specializes in dietary supplements that address the specific needs of women over the age of sixty, such as bone
4vir4ik [10]

Answer:

Focused differentiation.

Explanation:

This strategy usually focuses on narrow segments which tends to achieve either an advantageous cost or differentiation.

Differentiation is also said to involves making your products or services different from and more attractive than those of your competitors. How you do this depends on the exact nature of your industry and of the products and services themselves, but will typically involve features, functionality, durability, support, and also brand image that your customers value.

3 0
3 years ago
SOMEONE PLEASE HELP!
marin [14]



Answer:Wouldn't this count as cheating If someone found out?????

7 0
3 years ago
if management decides to buy the cupholders from outside suppliers rather than to continue making the part, what would be the an
raketka [301]

The correct answer to this open question is the following.

Although there are no options attached, neither a case nor example for reference, we can comment on the following.

If management decides to buy the cupholders from outside suppliers rather than to continue making the part, the annual financial advantage would be that the company will save on fixed costs, the ones implied on hiring and paying people their salaries to produce the cupholders on a monthly basis. Also, the costs of machines to fabricate them.

That is why companies have to smartly decide about the so-called "make-or-buy decision." The best recommendation to make the correct decision is to apply a quantitative analysis.

5 0
3 years ago
Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1912. It
Fittoniya [83]

Answer:

FV= $159,840.60

Explanation:

Giving the following information:

Initial investment= $1,000

Number of years= 2016 - 1912= 104

Interest rate= 5%

<u>To calculate the value of the investment today, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 1,000*(1.05^104)

FV= $159,840.60

6 0
4 years ago
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