Planning is the function of management that involves setting objectives and determining a course of action for achieving these objectives.

Answers

Answer 1

Answer:

true.

Explanation:

This statement is correct, as it is in the planning stage when organizational management defines its objectives and goals and action plans to achieve them.

The strategic planning of a company is one of the most important steps for the organization, it comprises the long term in the organization, so it must be well structured, contain the organizational mission, vision and values that will identify the organization in the market and help in achieving the goals and objectives.

The course of action defined in the planning must be constantly monitored and revised when necessary, as it is through this planning that a company becomes well positioned, competitive and profitable in the market in which it operates.


Related Questions

Evaluate the current financial performance of eskom​

Answers

Answer:

Eskom Holdings SOC Limited dominates the electrical business in South Africa (Eskom).

They provide a significant amount of power for the country, accounting for over 95% of all power in South Africa.

In the first half of the 2018/19 financial year, Eskom made a profit of $48.05 million, down 89 percent from the previous year.

Higher borrowing expenses, higher gasoline prices, and increased staffing costs, they claimed, were to blame for the earnings dip.

Explanation:

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Immediately after taking office, President Roosevelt responded to the banking crisis by a restoring the gold standard to guarantee the soundness of American currency. b providing major federal loans to the largest and soundest banks. c nationalizing the ten largest banks in the United States. d establishing a new Bank of the United States to guarantee deposits. e closing all American banks for a week, while reorganizing them on a sounder basis

Answers

E:Managing the currency by closing down banks for a period of time

Melika spends all her income on two goods, magazines and carry-out lunches. The price of a magazine is $5, and the price of a carry-out lunch is $7. At the current consumption bundle, the marginal utility of magazines is 10, and the marginal utility of carry-out lunches is 21. To maximize utility given her income, Melika should: Group of answer choices increase her consumption of carry-out lunches and decrease her consumption of magazines. increase her consumption of magazines and decrease her consumption of carry-out lunches. consume equal amounts of magazines and carry-out lunches. continue to consume the current bundle.

Answers

Answer:  increase her consumption of carry-out lunches and decrease her consumption of magazines.

Explanation:

Melika should buy more of the good that gives her more utility per dollar spent.

Magazine utitlity per dollar spent:

= Marginal utility / Price

= 10 / 5

= 5 per dollar

Carry-out lunches:

= 21 / 3

= 7 per dollar

Carry-out lunches give her a greater utility per dollar so Melika should consume more of that than magazines.

A restaurant customer complains to the waiter person that their meal has arrived at the table cold. After apologizing to the customer, the waiter person should:

a) remove the meal and reorder immediately

b) reheat the meal immediately

c) tell the customer that other staff are to blame

d) leave the meal on the table and reorder as soon as possible

Answers

Answer:a

Explanation:

which is not an example of transfer income.
a) dividend
b) rent
c) pensions
d) scholarship grant to students​

Answers

Answer:

A - dividen

Explanation:

A is the answet

who approves the federal budget
congress
presdient
house
President and congress

Answers

Answer:

congress

Explanation:

i think

correct me if I'm wrong

CARRY ON LEARNING

Answer:

president

Explanation:

I think because he rules the country

Creative Sound Systems sold investments, land, and its own common stock for $34.0 million, $14.6 million, and $39.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.6 million, $24.6 million, and $11.6 million, respectively. What amount should the company report as net cash flows from investing activities

Answers

Answer:Net cash flows provided by investing activities =$12.4 million

Explanation:

Net cash flows from investing activities for Creative Sound Systems:

Cash inflow from sale of investments                           $34.0million

Add: Cash inflow from sale of land                                  $14.6 million

less: Cash outflow from purchase of equipment          ($24.6million)

less :Cash outflow from purchase of patent                   ($11.6million)

Net cash flows provided by investing activities      $12.4 million

John Deere Manufacturing Company has two manufacturing departments--Cutting and Soldering for its series 200 lawn tractor body. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Cutting Soldering Estimated total machine-hours (MHs) 1,250 11,400 Estimated total fixed manufacturing overhead cost $ 15,880 $ 37,300 Estimated variable manufacturing overhead cost per MH $ 3.12 $ 2.40 During the most recent month, John Deere started and completed two jobs--Job 1A and Job 1B. There were no beginning inventories. Data concerning those two jobs follow: Job 1A Job 1B Direct materials $ 12,300 $ 8,492 Direct labor cost $ 18,200 $ 5,870 Cutting machine-hours 700 300 Soldering machine-hours 3,600 5,410 Assume that John Deere uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 80% on manufacturing cost to establish selling prices. Answer the following questions. (round predetermined overhead rate to two decimal places) 1. What is the plantwide predetermined MOH rate

Answers

Answer:

John Deere Manufacturing Company

                                               Cutting      Soldering

Predetermined MOH rates = $19.80        $7.18

Explanation:

a) Data and Calculations:

                                                                                        Cutting      Soldering

Estimated total machine-hours (MHs)                                   1,250       11,400

Estimated total fixed manufacturing overhead cost       $ 15,880  $ 37,300 Estimated variable manufacturing overhead cost per MH $ 3.12      $ 2.40

Total estimated variable manufacturing overhead          $3,900   $27,360

Total manufacturing overhead costs                               $19,780  $64,660

                                        Job 1A        Job 1B   Total

Direct materials            $ 12,300     $ 8,492  $

Direct labor cost           $ 18,200    $ 5,870

Cutting machine-hours        700          300  1,000 hours

Soldering machine-hours 3,600       5,410   9,010 hours

Plantwide predetermined MOH rates:

                                                                                  Cutting      Soldering

Estimated total manufacturing overhead costs      $19,780  $64,660

Total machine hours during the most recent month 1,000        9,010

Predetermined MOH rates =                                     $19.80        $7.18

                    =                                           ($19,780/1,000)    ($64,660/9,010)

What would be Tipical Day for a Doctor ?​

Answers

Take a look into a physician's typical day. With an average of 20 patients daily, physicians jump from patient to patient and diagnosis to diagnosis. One may come in with a rash; the next complains of heartburn; the next, chest pain; and so on.

Explanation:

Average 20 patients would be tipical Day for a doctor.

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Mary Smith is considering investing in 30 year Corporate Bonds issued by Duke Energy Company. She knows that she will earn an interest rate of 8% by purchasing these bonds. However, she is concerned because she might need to take her money out of this investment in a year, and she has heard that she might have to sell the bonds at a significantly lower price than she will purchase them for. What type of risk is Mary concerned about

Answers

Answer:

Mary Smith is concerned about systematic risk.

Explanation:

Systematic risk refers to the ongoing risk caused by a combination of factors, including the economy, geopolitical issues, corporate health, and others.  It covers the impact on the overall market and includes systemic risks that are peculiar to an industry.  Systemic risk will only impact the market for Corporate Bonds.  But, Mary's concern shows that other factors might combine, causing her to require her money back after a year.

During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries to record these transactions would include a: Multiple Choice credit to Cost of Goods Sold of $65,000. debit to Finished Goods of $65,000. credit to Work in Process of $59,000. credit to Finished Goods of $59,000.

Answers

Answer:

credit to Work in Process of $59,000.

Explanation:

Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000

Dr Finished goods $59,000

Cr Work in process $59,000

Dr Cost of goods sold $65,000

Cr Finished goods $65,000

On April 1, year 1, Hyde Corp., a newly formed company, had the following stock issued and outstanding:
1) Common stock, no par, $1 stated value, 20,000 shares originally issued for $30 per share.
2) Preferred stock, $10 par value, 6,000 shares originally issued for $50 per share.
Hyde's April 1, year 1 statement of stockholders' equity should report
Common stock
Preferred stock
Additional paid-in capital

Answers

Answer:

Common stock $20,000

Preferred stock $60,000

APIC $820,000

Explanation

Calculation to determine what Hyde's April 1, year 1 statement of stockholders' equity should report

Calculation to determine the COMMON STOCK

Common stock=20,000 shares*$1

Common stock=$20,000

Calculation to determine PREFERRED STOCK

Preferred stock =6,000 shares*$10

Preferred stock =$60,000

Calculation to determine ADDITIONAL PAID-IN CAPITAL (APIC)

APIC=[(6000*$50)-(6000*$10)]+[(20,000*$30)+(20,000*$1)]

APIC=($300,000-$60,000)+($600,000-$20,000)

APIC=$240,000+$580,000

APIC=$820,000

Therefore Hyde's April 1, year 1 statement of stockholders' equity should report:

Common stock $20,000

Preferred stock $60,000

APIC $820,000

The church you go to every Sunday is made up of people who have very different lifestyles and are at different stages in their life. Joanna is a 23-year-old single parent who works for minimum wage and shifts from motel to motel for accommodation. Josephine is a single, 45-year-old woman who earns a decent salary and has few interests and friends outside her office. Jonathan is 60 years old, extremely wealthy, has a loving family, and enjoys his work. You have decided to apply Maslow's hierarchy of needs to determine what motivates each of these individuals.
2) Which of the following needs would most likely motivate Joanna?
A) social
B) esteem
C) physiological
D) self-actualization
E) safety-security
Answer:
3) Which of the following needs would most likely motivate Josephine?
A) social-belongingness
B) esteem
C) physiological
D) self-actualization
E) safety-security
Answer:

Answers

Answer: C for Joanna and I think A for Josephine

Explanation:

Theresa owes %249%2C000 on her car loan. If the value of her car is %2415%2C000%2C what is her equity in the car%3F

Answers

Answer:

The answer is "[tex]\$6,000[/tex]".

Explanation:

Please find the complete question in the attached file.

We take her automobile value [tex](\$15,000)[/tex] to reach this result and reduce it [tex](\$15,000 - \$9,000)[/tex]. That's a [tex]\$6,000[/tex] equity, that's why Theresa has a capital of[tex]\$6,000[/tex].

Question 3: Answer the following questions
3.1)
Calculate 250% of 100.
(2)
3.2)
Calculate 100% of 250
(2)
2
3)
What do you notice about your answers to question 3.1) and 3.2)? Explain your answer.​

Answers

Answer:

[tex] \frac{250}{100} \times 100 \\ = 250 \\ \\ \frac{100}{100} \times 250 = 250 \\ the \: answers \: are \: identical[/tex]

Suppose that you were interested in building a luxury apartment complex in your hometown. In your analysis of local demographics, you discover that the target market makes up only 5% (core market share) of the households that currently rent (or would be interested in renting) in this town. If market experts believe that a total of 5,000 apartment units will be rented in your entire hometown within the next year, what is the projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential

Answers

Answer:

The projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential is:

= 1,000 apartment units.

Explanation:

a) Data and Calculations:

The percentage of households that currently rent in the town = 5%

Demographic of households in the town = 100,000 (5,000/5%)

Number of apartment units established by market experts to be rented in the entire hometown within the next year = 5,000 (5% of 100,000)

20% of the market potential = 1,000 (5,000 * 20%)

A ______ resume is customized to highlight the specific qualifications and experience needed for a particular job.
A targeted
B combination
C chronological
D functional ​

Answers

Answer:

A. targeted

Explanation:

A resume (curriculum vitae) can be defined as a short text-based document that a job applicant use to briefly outline his or her qualifications, abillities and accomplishments, haven completed and obtained an academic certificate.

Generally, all job applicants are required to have a resume (curriculum vitae). This brief and concise document is always requested by human resource managers during the job application process.

Furthermore, the primary way to make a resume persuasive (to convince or inform an action in the minds of the readers - potential employers) is by customizing it to fit each company and position.

This ultimately implies that, job applicants are expected to tailor their resume to fit or match the position that is advertised by a company's human resources department.

Hence, a targeted resume (curriculum vitae) is customized (tailored) by a job applicant to highlight the specific qualifications and experience needed for a particular job.

Paul's Guitar Shop to answer the following question. Guitar Sales 24,800, Depreciation expense 2,000, Wage expense 10,950, Rent 500, Music Lesson Revenue 3,000, Interest expense 500, Supplies expense 500, Utilities expense 400. What is the TOTAL value of REVENUES?

Answers

Answer: $27800

Explanation:

Revenue simply refers to the income that's made by a company. The total value of revenue will be calculated as:

Guitar Sales = $24800

Add: Music lesson revenue = $3000

Revenue = $27800

Therefore, the total value of revenue will be $27800

17. The matching principle requires that a) assets will be matched to the liabilities incurred to purchase them b) non-operating gains and losses should be netted against each other c) a proportion of each dollar collected will be assumed to be a recovery of cost d) revenues earned and expenses incurred in generating those revenues should be reported in the same income statement e) none of the above

Answers

Answer:

D

Explanation:

The matching principle requires that  revenues earned and expenses incurred in generating those revenues should be reported in the same income statement

the purpose of this is to avoid misstating earnings

Explain why it is necessary to evaluate your options when making a decision.

Answers

Answer:

It is important to evaluate your decision making, for certain outcomes of that decision may not be what you want them to be. ... When evaluating your decisions, you are looking at the whole situation, which gives you the whole perspective of the situation, and what all the outcomes can be for you

Mineral-rich Democratic Republic of the Congo is one of the world's most important sources of uranium. It also is a source of copper, tin, diamonds (mainly industrial), gold, cobalt, and zinc. Agricultural products include palm oil and kernels, cottonseed, rubber, cotton, coffee, peanuts, sweet potatoes and yams, and cassava. How many cotton products does Democratic Republic of the Congo produce

Answers

Answer: Two

Explanation:

According to the paragraph above, the DRC produces both cotton and cottonseed. Both of these are cotton products. First the cotton that surrounds the seed is removed by the process of ginning and then processed for clothing.

Then the cottonseed can also be processed to extract the oil contained in it. This oil can be used to make candles, cosmetics and insecticide. After the oil is extracted, the seed can then be used to feed livestock.

Stock prices tend to ignore unexpected changes in dividend payments. Companies prefer to cut dividend payments rather than borrow money to fund a short-term cash need. Maintaining a steady dividend is a key goal of most dividend-paying companies. Share repurchases tend to increase agency costs. Short-term fluctuations in cash flows are the key factor in determining a company's dividend policy

Answers

Answer: B. Maintaining a steady dividend is a key goal of most dividend-paying companies.

Explanation:

Companies that pay dividends prefer in general, to maintain a steady dividend overtime. This does not necessarily mean that they will pay the same amount of dividend but rather that they will pay out dividends as within a certain percentage range of the net income.

Companies do not prefer to cut dividends so as not to send the wrong message so A is wrong. Share repurchases reduces agency costs so C is wrong. Short term fluctuations in cash flow are not the key favor in determining dividend policy as the company might still pay out the same regardless so this is wrong as well. Option B is the best answer.

When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked a critical mass of engineers under the age of 30. The company could not afford to get caught short in this competitive business climate. An important recruitment strategy for the HR director's department was to start attending college fairs as well as considering hiring interns. We define his recruitment efforts as developing relationships with
A) external sources
B) median sources
C) internal sources
D) civilian sources

Answers

Answer:

The correct answer is the option A: External sources.

Explanation:

To begin with, in the field of business management when it comes to terms of sources of recruitment the extarnal sources are understood to be those who come from outside the organization and are needed to create a relationship in order to obtain good results. The external sources of recruitment are considered to be very expensive in comparison with the interanl sources and also to be more demanded of time as well. However, they also bring a great deal to the company due to the fact that increase the options available for the business to find the best of the best when it comes to potential employees.

define term total utility and marginal utility​

Answers

Term total utility: The utility is the satisfaction that an individual derives from consuming a good or service. Similarly, total utility is the total satisfaction received from consuming a given total quantity of a good or service.

Marginal utility: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. ... Marginal utility can be positive, zero, or negative.

An investor entered into a contract with a winery. The contract provided that the investor would invest $1 million in the winery and, in return, the winery would produce and market at least 500,000 bottles of wine each year for five years under a specified label. The contract included a provision that, if feasible, the wine would be distributed by the winery only through a certain wholesale distributor of fine wines. Neither the investor nor the winery had previously dealt with the distributor. The distributor learned of the contract two days later from reading a trade newspaper. In reliance thereon, he immediately hired an additional sales executive and contracted for enlargement of his wine storage and display facility. If the winery refuses to distribute the wine through the distributor and the distributor then sues the winery for breach of contract, is it likely that the distributor will prevail

Answers

Answer:

It is NOT likely that the distributor will prevail.

Explanation:

There was no contract between the distributor and the winery.  The intended distributor was not clearly stated in the trade newspaper that the distributor read and relied on to expand his salesforce and storage and display facilities.  The distributed voluntarily acted on its own whims and caprices.  A contract cannot be imagined.  There must be an offer and acceptance, establishing the full consent of the parties to enter into a contract.  The intention to contract is also lacking.

Explain why unions have declined in power in the last few decades.

Answers

Answer: See explanation

Explanation:

There are a number of reasons for the reduction in the power of unions in the last few decades.

One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.

Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.

Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.

Nour is usually the person who takes charge of the situation and gets people moving toward the group's objective. Nour probably has a high need for

Answers

Answer:

Power.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.

Some types of power expressed by leaders are referent power, coercive, etc.

In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.

Government actions taken to mange a country’s money supply are called ————-policy

Answers

Answer:

Government actions taken to mange a country’s money supply are called ——Monetary——-policy

Question

Government actions taken to mange a country’s money supply are called ————-policy

Answer

Monetary

Explanation

Monetary is a government actions that taken to manage a countries by supplying money.

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Logan, an employee of Argon Industries, earned a salary of $60,000 in year 2. In addition, the following two transactions between Logan and Argon occurred in year 2: Logan received a bonus of 100 shares of publicly traded stock worth $13,000 with a basis to Argon of $8,000, and Logan purchased 1,000 shares of unrestricted Argon stock pursuant to a nonqualifying stock option plan for $10 per share when stock was valued at $25 per share. What amount of compensation should Argon report in Logan's Form W-2 for year 2

Answers

Answer:

$88,000

Explanation:

Calculation to determine What amount of compensation should Argon report in Logan's Form W-2 for year 2

First step is to determine the bargain element

Bargain Element=$25 per share-$10per share

Bargain Element=$15 per share

Now let determine the amount of compensation

Using this formula

Compensation=Salary earned+Taded stock+(Shares of publicly traded stock*Bargain element)

Let plug in the formula

Compensation=$60,000+$13,000+($100 shares*$15 per share)

Compensation=$60,000+$13,000+$15,000

Compensation=$88,000

Therefore the amount of compensation that Argon should report in Logan's Form W-2 for year 2 $88,000

What is a disadvantage of solar thermal systems?Question 10 options: There are some direct emissions of CO2 and other air pollutants. There are high costs associated with the necessary natural gas turbine backups. There is low potential for growth. The systems have low net energy yield and high costs. The high technology requirements could displace jobs for local workers.

Answers

Answer:

The systems have low net energy yield and high costs.

Explanation:

In the case of the solar thermal power/electric generation systems it collects and concentrate the sunlight in order to generate the heat of high temperature so that the electricity could be generated. It mainly have two components i.e. reflectors and the focus sunlight

So the disadvantage of this is that it develops the less net energy yield also it cost is high so not everyone could afford it

Other Questions
PHN TCH NHNG C IM C BN CA VN MINH PHNG NG C TRUNG I? Solve the equation n3 = 8/125 for n n=______ Four times the sum of 5 and some number is 4. What is the number XYZ Manufacturing reported the following: Revenue $485,000 Beginning inventory of direct materials, January 1, 2015 24,000 Purchases of direct materials 122,000 Ending inventory of direct materials, December 31, 2015 15,000 Direct manufacturing labor 21,000 Indirect manufacturing costs 34,000 Beginning inventory of finished goods, January 1, 2015 38,000 Cost of goods manufactured 186,000 Ending inventory of finished goods, December 31, 2015 33,000 Operating costs 126,000 What is XYZ's gross margin (or gross profit)? Carla is assigning tasks to others and she needs to ensure that she is aware of their progress. Which option shouldshe choose?O Send status report when I complete an assigned taskO Completed task colorO Set Quick Click flagO Keep my task list updated with copies of tasks a 17-year annuity pays $1,100 per month, and payments are made at the end of each month. The interest rate is 16 percent compounded monthly for the first 6 years and 13 percent compounded monthly thereafter. What is the present value of the annuity 3. What are two things Kobe believes are required to develop high-level skills? Which layer of the atmosphere protects all life on land by absorbing high energy radiation? When 125 mL of 0.150 M Pb(NO3)2 is mixed with 145 mL of 0.200 M KBr, 4.92 g of PbBr2 is collected. Calculate the percent yield. Which stage of development has the following characteristics: very affectionate, very curious and imitate adult behaviour and they show they are aware of gender roles when they play.(A) young children(B) babies and toddlers(C) middle childhood(D) adolescence. a) Qu son las enzimas y por qu se las denomina catalizadores biolgicos? Which of the following is true about development? Group of answer choices It involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries. The least developed countries have most of their populations employed in manufacturing. The least advanced countries have completed the transition from manufacturing to services and have entered the information age. Technological change does not influence development. Write 4/5 with denominator 15 what is the next numbers in the sequence 0, 5, 20, -, -,- a straight line has equation y=5-3xwhat is the gradient of the line? What was Hitlers response to the Treaty of Versailles? Pls look at the picture and answer the question How do advertisements influence viewers to buy a product help pls How did the adoption of the Indian numeral system by the Arabs impact mathematical understanding? Use a quote directly from Al Khwarizmi