Which of the following statements about organization missions is FALSE?1. They define a company's reason for existence2. They are formulated after strategies are known3. They indicated what a company intends to contribute to society4. They provide guidance for functional area missions5. They reflect a company's purpose

Answers

Answer 1

Answer: The correct answer is choice 2.

Explanation: All of the statements about mission statements are correct with the exception of choice 2. Mission statements are not formulated after strategies are knows. First, a company determines what their mission is, and then they develop the strategies to accomplish the designated mission.


Related Questions

PLEASE HELP ASAP!!! An employee authorized to access confidential and sensitive data is asked by his peers to disclose some of this information. What should the employee do?

Answers

Answer:

say no

Explanation:

Answer:

The employee must not disclose any information. Personnel who have access to sensitive and confidential data must ensure that the confidentiality of that data is protected and must not disclose such information publicly.

PLATO ANSWER

Explanation:

A boat cost $8,350 and decreases in value by 12% per year. How much will thr boat be worth in 5 years

Answers

____________________________________________________

Answer:

Your answer would be $4,406.56

____________________________________________________

Explanation:

In order to find the answer for this problem, we would need to decrease the valuer of the boat 5 times (that would be equivalent to 5 years)

We would get the value of the boat (cost) of 8,350 and multiply it by .12, then subtract the percentage from the value. That's the long way, but I have a shorter way for you.

We would be using this equation:

p(1 - x)^y

p = Principal or starting value

x = Percentage

y = Amount of years

Now, we plug in the given information from the question into the equation. Your equation should look like this:

8,350(1-0.12)^5

Now you solve.

You could plug it in to a calculator to get you a quicker and more accurate answer.

When you're done solving, you should get $4,406.56

The boat would be worth $4,406.56 in 5 years after a 12% decrease each year.

____________________________________________________

Lifecycle motorcycle company is expected to pay a dividend in year 1 of $2.00, a dividend in year 2 of $3.00, and a dividend in year 3 of $4.00. after year 3, dividends are expected to grow at the rate of 7% per year. an appropriate required return for the stock is 12%. using the multistage ddm, the stock should be worth __________ today. $63.80 $65.13 $67.95 $85.60

Answers

Final answer:

The stock should be worth $43.39 today using the multistage dividend discount model.

Explanation:

To determine the value of a stock using the multistage dividend discount model (DDM), we need to calculate the present value of all expected future dividends. First, we calculate the present value of the dividends expected in years 1 to 3 using the formula:

Present Value of Dividends = Dividend / (1 + Required Return) ^ Year

For example, the present value of the dividend in year 1 would be $2.00 / (1 + 0.12) ^ 1 = $1.79. We then calculate the present value of all future dividends expected to grow at a 7% rate using the formula:

Present Value of Future Dividends = Dividend * (1 + Growth Rate) / (Required Return - Growth Rate)

In this case, the present value of future dividends would be $4.00 * (1 + 0.07) / (0.12 - 0.07) = $41.60.

Finally, we sum up the present values of all dividends to get the stock's present value: $1.79 + $41.60 = $43.39. Therefore, the stock should be worth $43.39 today.

You borrow $2,500. you are to pay back the loan in 36 monthly payments of $79.50. what true annual interest are you paying to the nearest tenth of a percent?

Answers

Answer:

4.8%

Explanation:

36months*$79.50=$2862

$2862-borrowed 2,500=362

362/3 years=$120 2/3

this means that the interest is 120 2/3 /2500, which is 0.048266, or 4.82, or in your case 4.8%

Answer:

9.4%

Explanation:

use I = 2yc / m(n+1)

Which task is the responsibility of middle management?
A.
create company policies
B.
create organizational plans based on the company’s policies
C.
evaluate and motivate workers
D.
train employees
E.
set company goals

Answers

Answer:

C. Evaluate and motivate workers

Explanation:

This is the taks for middle mamagement.

You are hired as the hr director for the fictitious xyz company, a business-to-business sales company, manufactures small motors and accessories for industrial and home products. the industry is highly competitive, and the company follows a prospector strategy. the objective of a prospector strategy is to find and exploit new products and market opportunities (gomez-mejia, galkin & cardy, 2001). a prospector wants to be first to market. to respond to competitive and rapidly changing markets, prospectors have flexible, flat and more decentralized organizational structures

Answers

I am Not sure sorry:)

Examples of services are _____.

dentists
childcare
newspapers
personal computers

Answers

Final answer:

The term services implies the non-physical, intangible parts of our economy. Examples are things we pay others to do for us like dentists, childcare, and newspapers. Personal computers, being tangible items, however, do not fall in this category.

Explanation:

Services refer to the non-physical, intangible parts of our economy, instead of goods or items that you can touch and hold. Examples of services include things we rely on someone else to do for us, typically for a fee. In this question, the options that fall under the category of services are dentists, childcare, and newspapers.

Dentists provide medical services, childcare refers to services provided by babysitters or childcare centers, and newspapers refer to the delivery and creation of news content, which is a service. Personal computers do not fall under services as they are tangible products.

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Services are activities provided by professionals such as dentists and childcare providers, while products like personal computers are durable goods.

Services often involve the time and skills of professionals. In contrast, items like personal computers are considered durable goods, not services, because they are tangible products with a longer lifespan. These include laptops, desktops, and associated hardware and software, along with their installation and warranty services. While integral to the functionality of these computers, services such as installation and warranty are often supplementary to the product itself. It's important to differentiate between physical goods and the services that may support them.

Assume that three weeks before you and Lester are supposed to close your deal for the sale a twenty-acre tract of land, Lester calls you and says, "The deal is off!" In this situation, Lester's actions constitute:
a. substantial performance of the contract.
b. a reformation of the contract.
c. a discharge of the contract by novation.
d. an anticipatory repudiation of the contract.

Answers

Answer:

The answer is C

Explanation:

Groups form naturally, and there is little anyone can do to influence the success or cohesiveness of a group dynamic.

True
False

Answers

Answer:

true

Explanation:

just trust me

Final answer:

The assertion that one cannot influence the success or cohesiveness of a group dynamic is incorrect. There are many strategies, like promoting good communication and shared goals, which can be used to enhance a group's success and cohesiveness.

Explanation:

The statement in the question, 'Groups form naturally, and there is little anyone can do to influence the success or cohesiveness of a group dynamic' is False. In reality, there are many factors and strategies that can be employed to influence a group's success and cohesiveness. For instance, setting clear communication standards, establishing a shared purpose or goal, promoting a positive culture, and intervening in conflicts in a timely manner can all contribute to a more successful and cohesive group dynamic. Moreover, leaders and members can leverage team-building activities to fortify bonds among group members, which can significantly boost group cohesiveness.

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How does following the first in, first out method help the storage supervisor?
A.
It helps in cost control by reducing spoilage.
B.
It reduces the need for frequent orders.
C.
It reduces the number of staff needed in storage.
D.
It helps to reduce theft.
E.
It helps staff save time.

Answers

Answer:

Hello there it would be A

It would be A because It helps in cost control by reducing spoilage

Explanation:

Answer:

A) It helps in cost control by reducing spoilage.

Explanation:

It does help the cost control because by reducing spoilage you reduce the costs to cleanup the spoilage.

Suppose that the price of a bottle of vitamins is $1.73 and that at that price the total quantity demanded by consumers is 75,000,000 bottles. how many firms will there be in this industry?

Answers

Final answer:

To determine the number of firms in the industry, divide the total quantity demanded by the quantity produced by each firm. In this case, there will be 5,000,000 firms.

Explanation:

To determine the number of firms in the industry, we need to divide the total quantity demanded by the quantity produced by each firm. In this case, the total quantity demanded is 75,000,000 bottles and each firm produces 15 units. We can calculate the number of firms by dividing the total quantity demanded by the quantity produced by each firm:

Total quantity demanded: 75,000,000 bottles

Quantity produced by each firm: 15 units

Number of firms = Total quantity demanded / Quantity produced by each firm

Number of firms = 75,000,000 bottles / 15 units = 5,000,000 firms

Therefore, there will be 5,000,000 firms in this industry.

Matt is applying for the position of a sales manager in an apparel outlet but he has little experience as a manager. He wants to add evidence to his resume that will convey skills as a sales manager. Which of these items would be the best to add to help him get preference over other candidates?
A.
his GPA of 3.3
B.
his experience as a dog groomer
C.
his job as a bookkeeper
D.
information about him winning first place in a tennis tournament
E.
his volunteer activity organizing students for a food drive

Answers

Answer:

E

Explanation:

process of elimination lol

The best to add E. his volunteer activity organizing students for a food drive.

A Sales Manager, or Sales Department Manager, is responsible for overseeing daily operations in the sales department. Their duties include hiring and training sales staff, relaying information from upper management to department staff about sales quotas and generating leads to divide among Sales Representatives.

Overseeing local and regional sales, promotions and campaignsPlanning and directing the hiring and training of new Sales RepresentativesDirecting and coordinating all sales activities locally and regionallyPreparing sales budgets and projections and approving expendituresTracking and analyzing sales statistics based on key quantitative metricsHandling and resolving customer complaints regarding a product or serviceSetting discount rates and determining price schedulesAdvising distributors and dealers on policies and Standard Operating Procedures (SOPs)Serving as the face of the organization to internal and external partnersMaking data-informed decisions to drive performance and resource allocationDeveloping and maintaining relationships with key clientsSetting sales quotas and goalsOverseeing and directing performance of the sales teamIdentifying emerging markets to find new sales opportunitiesDefining and executing territory sales plans

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Which business plan section is being described?

The question: "How do you plan to market your business?" should be answered.

Executive Summary
Marketing and Sales Strategy
Description of Products and Services
Financial Management

Answers

Answer:

Marketing and sales strategy

Explanation:

Final answer:

The question "How do you plan to market your business?" is addressed in the Marketing and Sales Strategy section of a business plan, which outlines the company's approach to attracting customers and gaining market share.

Explanation:

The section of a business plan that answers the question "How do you plan to market your business?" is the Marketing and Sales Strategy section. This section outlines the company's strategy for attracting and retaining customers, the channels it will use to reach its target market, the market position it wants to achieve, and how it plans to differentiate itself from competitors. It may also address the product's unique selling proposition, pricing strategy, sales tactics, advertising and promotions plan, and the overall sales process.

The Marketing and Sales Strategy must consider various factors such as the production and cost conditions facing the firm, as well as the market structure for the product(s) in question. Market structure impacts decisions on issues such as competitive strategy, market power, product differentiation, and barriers to entry for new firms. Companies must decide on the optimal mix of product offerings, production methods, output levels, pricing, and labor employment to succeed in their market.

Rapid industrialization and major urbanization caused growth of the public relations industry in

Answers

China - the rapid growth of the Chinese economy led to the growth of marketing and the PR energy.

Rapid industrialization and urbanization during the Industrial Era led to the expansion of the public relations industry due to the many societal challenges that arose, such as class disparities and the need for regulated communication.

Rapid industrialization and major urbanization led to the growth of the public relations industry. During the Industrial Era, there was a significant worldwide population growth, as people moved from rural areas to urban centers to work in factories. This movement, coupled with advancements in technology, increased the efficiency of transportation, food production, and food preservation, and led to the rise of postindustrial cities. For instance, cities like Pittsburgh were known for steel, Chicago for meatpacking, New York for the garment and financial sectors, and Detroit became synonymous with the automotive industry by the mid-twentieth century.

G tax cuts

a. cannot easily target investment spending, which falls by a large percentage during recessions.

b. can easily target investment spending, which falls by a large percentage during recessions.

c. cannot easily target investment spending, but investment spending falls by only a small percentage during recessions.

d. can easily target investment spending, but investment spending falls by only a small percentage during recessions.

Answers

i believe the answer is B

Final answer:

The correct answer is (a) tax cuts cannot easily target investment spending, which falls by a large percentage during recessions. Tax cuts can help the economy but have limitations in specifically directing investment.

Explanation:

The question addresses the impact of tax cuts on investment spending during recessions. Tax cuts can increase consumer and investment spending, potentially leading the economy out of a recession by shifting the aggregate demand (AD) to the right. However, tax cuts cannot easily target investment spending, which typically falls by a significant percentage during recessions. Therefore, the correct answer to the student's question is:

(a) cannot easily target investment spending, which falls by a large percentage during recessions.

Fiscal policy needs to be well-targeted, especially during economic downturns, such as the 2007-2009 Great Recession, where a mix of tax cuts and spending increases might be used to execute an expansionary fiscal policy.

The main purpose of most tariffs and quotas is to

Answers

Answer: The main purpose of most tariffs and quotas is to reduce the foreign competition that domestic firms face.

Explanation: A tariff is a tax on imports and a quota is the quantity imported that is allowed. By putting a tax and quantity limit on imports, the United States is hoping to make more room for domestic products to be bought and sold. When items are imported from other countries, even with the tax they are usually cheaper than making them in house. By imposing the tax, they are trying to offset the cheap labor and make the items in the domestic country have a fighting chance. This is also said about quantity limit, if there wasn't a quantity on what may be imported, there would be too few firms able to compete.

Insurance that adds an extra layer of protection for liabilities not covered by your other policies is known as
a. umbrella coverage.
b. multilayered coverage.
c. optional sources.
d. variable protection.

Answers

Answer:

The answer is a) umbrella coverage

Explanation:

Umbrella coverage is an insurance that adds an extra layer of protection for liabilities not covered by any other policies. It gives an additional layer of security to the individuals who are in danger for being sued for harms to other individuals' property or wounds caused to others in a mishap. If you are the owner of important and valuable assets, purchasing umbrella insurance could be an intelligent move.

Answer:

umbrella coverage

Explanation:

got it right in  quiz

Presence of a large amount of debt can encourage shareholders to take excessive risk because

Answers

Answer:

The presence of a large amount of debt can encourage shareholders to take excessive risk because

Explanation:

The fed has created​ $3 trillion of bank reserves. draw a curve that shows the supply of bank reserves. label it rs. the current federal funds rate is 0.2 percent. suppose that when the federal funds rate is greater than 0.2​ percent, a fall in the federal funds rate increases the quantity of reserves​ demanded, but a further open market purchase of securities fails to change the federal funds rate. draw the demand curve for bank reserves that illustrates this fact. label it rd. ​>>> when using the​ multi-point drawing​ tool, press escape to release the drawing tool. draw a point to show the current federal funds rate and the equilibrium quantity of reserves.

Answers

Sorry I don’t know how to solve these type of questions i just wanted to try out business questions

Final answer:

The Federal Reserve's creation of bank reserves shifts the supply curve of bank reserves rightward, with an intersection point on the demand curve at the current federal funds rate of 0.2%. If further purchases don't alter the rate, the demand curve shows perfectly elastic demand at that rate.

Explanation:

The question involves the Federal Reserve's (Fed) use of monetary policy tools to influence the supply and demand for bank reserves, which in turn affects the federal funds rate. When the Fed creates $3 trillion of bank reserves, it's executing an open market purchase to increase liquidity in the banking system. This action would shift the supply curve for bank reserves, labeled as RS, to the right. Demand for bank reserves, labeled as RD, is downward sloping because banks will want to hold more reserves when the federal funds rate is lower, hence the quantity of reserves demanded increases when the rate falls.

If an additional open market purchase does not change the federal funds rate, the demand curve would demonstrate perfectly elastic demand at the current federal funds rate of 0.2%. The equilibrium point would be located where the supply and demand curves intersect at the 0.2% federal funds rate, thereby illustrating the equilibrium quantity of reserves demanded and supplied at this interest rate.

Which practice is an essential component of customer satisfaction?

A.
brand name
B.
integrity
C.
luxurious facilities
D.
low rates
E.
personalized service

Answers

I believe it's D. low rates...

The future of health care will be driven by an integration of new technology with:

Answers

The future of health will likely be driven by digital ... industry stakeholders, and new combinations of services will be ... Based on emerging technology, we can b

The future of healthcare involves an integration of new technology with integrated care to enhance patient care and reduce costs. The adoption of telemedicine, electronic health records, and wearable technology plays a significant role in driving this change, leading to better management of chronic diseases, preventive care, and overall efficiency.

The future of healthcare is becoming increasingly linked with integrated care, a strategy aimed at improving patient outcomes and reducing costs. This high touch medicine model involves healthcare professionals working as coordinated teams to provide comprehensive care for chronically ill patients, who incur the majority of healthcare expenses. By focusing on intensive communication and preventive care, including home visits and monitoring, integrated care aims to prevent the need for expensive hospital stays and emergency room visits, which can yield significant healthcare savings. The integration of new technology enhances this model through tools such as telemedicine, electronic health records, and wearable technology, which further support the management of chronic diseases and patient health monitoring. Innovations such as gene therapy, telemedicine, wearable health devices, and electronic health records are not only improving the efficiency of healthcare delivery but also contributing to the industry's shift towards cost containment. By adopting these technologies, the healthcare system strives to provide services in a more cost-effective manner, emphasizing outpatient care, limiting low-priority services, and focusing on preventive measures. Additionally, healthcare reforms and various integrated delivery systems are being considered to streamline functions and increase efficiency, which could reshape the healthcare workforce and how healthcare is provided.

Poverty and unemployment are likely to be explained in terms of personal dispositions by _____________ and in terms of situational influences by _______________.

Answers

Final answer:

Poverty and unemployment are explained by personal dispositions by those with a 'just-world perspective' who blame individuals, ignoring systemic factors. Conversely, they're explained by situational influences by sociologists and policymakers who focus on systemic factors like economic and societal issues.

Explanation:

Poverty and unemployment are likely to be explained in terms of personal dispositions by those who adhere to the belief in a just-world. This viewpoint tends to place blame on the individuals in poverty, often attributing their circumstances to laziness or a lack of motivation to work. This perspective often overlooks the situational factors that impact poverty, such as high unemployment rates and lack of access to quality education.

On the other hand, poverty and unemployment are likely to be explained in terms of situational influences by sociologists and policymakers who focus on systemic factors. These include economic system failures, such as insufficient jobs at a living wage, and societal issues such as racism and sexism. This perspective supports policies that work towards addressing poverty's root causes, such as increasing the minimum wage and extending unemployment compensation.

The interplay between personal dispositions and situational influences on poverty and unemployment is complex and multifaceted. It's important to recognize both perspectives, as they provide distinct but complementary angles in understanding and addressing these social issues.

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A dealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. once the customer has agreed to buy the car, the terms of the sale are shifted, by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. now the car costs well above the current market rate. this is an example of the __________ procedure.

Answers

Answer:

The answer is low ball procedure

Explanation:

A dealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. once the customer has agreed to buy the car, the terms of the sale are shifted, by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. now the car costs well above the current market rate. this is an example of the Low ball procedure.

The low-ball is an influence and selling method where a product or service is offered at a lower cost than is really expected to be charged, after which the cost is raised to expand benefits. Moreover, it is utilized in deals situations to induce clients to buy items, and in different circumstances as a consistence picking up methodology.

A collection of five employees who are studying industry pay scales, with the goal of making recommendations for adjusting pay grades within their company, is known as a(n)

Answers

Answer:

they are known as a team

Explanation:

A company has received an offer from a supplier to produce units that the company currently produces and sells. the unit price quoted by the supplier is higher than the company's variable production cost per unit but lower than the price at which the company can market the units. under which circumstance would the company's profits increase by purchasing units from the supplier? gaodun

Answers

Answer:

If the company's total incremental cost of producing the number of units it wants to procure from the supplier is greater than the cost of buying from the seller, then the company will buy from the seller and increase profits.

Suppose a company produces a product 'X' that it sells at $100.

It can produce 2000 units, but it currently produces 1000 units.

It's current fixed costs are $15,000 but if production increases beyond 1000 units, its fixed costs will increase by another $10,000.

This product has a variable cost of $50 per unit.

The company receives an offer to buy its product from its supplier at $60 per unit.

The market demand for the company's product is 2000 units.

In this case, the total costs incurred by the company to produce an additional 1000 units will be:

In this case, looking only at costs, the company is indifferent between reaching full capacity and buying from the supplier.

If the total incremental cost is greater than the cost of buying from the supplier, the company will increase its profits by buying from the supplier, else it will prefer not to.

If the company is producing at full capacity, but the demand for its products is more than it can produce, then buying from the supplier will result in an increase in profits for the company, since this will help the company to take advantage of the high demand for its product.

Which of the following information does a telemarketer likely have before he phones a potential customer?

the customer’s age
the customer’s address
the customer’s credit rating
all of the above

Answers

the answer to this question would have to be all of the above.

Answer:

The correct answer is the last option.

Explanation:

Before calling a potential costumer, all the options are helpful for the telemarketer:

The costumer's age will help the telemarketer choose the proper vocabulary to address to the potential costumer.

The address might help with the costumer's credit rating too, since the address is very important when it comes to purchase power and credit rating.

Due to this, the correct option is letter D.

Why do some lenders require borrowers to secure credit?
A. to prevent defaults
B. to guarantee full repayment
C. to avoid any losses
D. to reduce risk

Answers

Answer:

D. to reduce risk

Explanation:

Lenders require borrowers to secure credit in order to reduce risks. When loaning cash to borrowers, financial foundations regularly necessitate that individuals secure credit. One reason why this is the situation is to decrease the hazard.  

On the off chance that a borrower can verify credit, it as a rule implies that they are financial dependable as dictated by an outsider. This generally incorporates an examination of the credit history. A credit history shows what number of records an individual has, regardless of whether they have a decent history of paying bills on schedule, and whether they utilize a noteworthy level of their verified credit. Every one of these elements assume a noteworthy job in verifying credit.

Where should you go to find information about the projected number of jobs in a field you are interested in?

the classified ads
the Better Business Bureau
the Occupational Outlook Handbook
all of the above

Answers

Where should you go to find information about the projected number of jobs in a field you are interested in?

the classified adsthe Better Business Bureauthe Occupational Outlook Handbookall of the above

I’ll say go with the 4th choice...”All of the above”.

Final answer:

To find information about projected job growth in a specific field, utilize the Occupational Outlook Handbook.

Explanation:

This resource is produced by the Bureau of Labor Statistics and provides comprehensive information about specific occupations including the employment outlook for the upcoming decade, job descriptions, work environments, and more.

While classified ads and the Better Business Bureau can provide some information about current job openings and business reputations, they won't be as helpful with future job projections. Therefore, for projected job growth, the Occupational Outlook Handbook is your best bet.

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One advantage of nonfinancial measures is that managers directly involved in operations are likely to understand them.-true or false

Answers

Answer: True. One advantage of non-financial measures is that managers that are directly involved in operations are likely to understand them.

Explanation: When a manager (or anyone, really) is involved in the operations, it is easier for them to understand how everything is being ran and the operations that are necessary to run a smooth operation. If a manager does not know how the process works, it will be hard to explain or expect employees under them to understand it, too.

What is the maximum contribution margin that the company can earn per month if it makes optimal use of its 5,000 pounds of materials?

Answers

Plz explain further

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