Jose is an up and coming entrepreneur working on solidifying his business plans. After meeting with his mentor, he learns that he needs to carefully define his prospective business by creating a concise vision/mission statement that identifies the direction and objectives of his business. Why is this important for Jose to do

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Answer 1

Answer:

This is important for Jose because as a business owner you want to know what type of business you are running

Explanation:

hope this helps :D

Answer 2

Creating a concise vision/mission statement that identifies the direction and objectives of his business is important for Joe as it helps identify the organization's goals and gives employees a sense of ownership and association.

What is a Business plan?

In-depth descriptions of a company's goals and methods for achieving them are included in a business plan. A business plan outlines to gain some insights into the company's operations, finances, and marketing.

A mission statement summarises how a business is doing exactly present. It is focused on achieving the key objectives that will assist the organization to achieve its future goals and is short-term in nature.

A strategic vision is used to represent the organization's desired outcome, or what it aims to become. It informs the workforce of the company's objectives and gives them the motivation to fulfill them.

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Related Questions

A customer asks about or expresses concern that the rogue vc-turbo has three cylinders. What are some ways to respond?.

Answers

As a car dealer, i will respond by saying the three cylinders on the rogue vc-turbo engine will be fuel-efficient and might behave less power-torque ability.

What is a three cylinders engine?

A three cylinders engine is a type of vehicle engine that have a three column chamber for combustion which is different from the popular 4 cylinders engines.

In conclusion, i will respond by saying the three cylinders on the rogue vc-turbo engine will be fuel-efficient and might behave less power-torque ability.

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Answer:

.Share that 3-cylinder engines are available from other manufacturers, including Ford, BMW, and MINI.

.Have your customer forcefully accelerate during the Demonstration Drive to experience the power.

.Explain that the technology allows the 3-cylinder VC-Turbo to produce excellent power and outstanding fuel economy.

Explanation:

River Corp's total assets at the end of last year were $320,000 and its net income was $32,750. What was its return on total assets

Answers

Based on the total assets and the net income earned, the return on total assets was 10.23%.

What was the return on total assets?

This can be found by the formula:

= Net income / Total assets x 100%

Solving gives:

= 32,750 / 320,000 x 100%

= 10.23%

In conclusion, the return was 10.23%.

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Mechelle has a life estate in a property in rural Maine. Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property. Mechelle is allowing what to happen

Answers

The scenario that's illustrated regarding the property in this case is improper dominion.

What is dominion?

It should be noted that in law, dominion simply means the right to control the ownership of a a property.

In this case, since Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property, this illustrates improper dominion.

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how much do child life specialists make a month :)
just asking...
for a friend

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Uhh like any other job it varies but uhh on average I’d say about $50,000 a year. But it ranges from 15,000 to 120,000. And the average hourly pay is like $16-$25 and hour.

Hope this helps!

Whats the number to 911?

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i dont know, it could really be any thing tbh

When the marginal cost curve lies below the average total cost curve, it is true that as output increases.

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If the marginal cost curve lies below the average cost curve then as output increases, average total cost is decreasing.

What is marginal cost?It shows the cost of producing an additional unit.

When this measure is decreasing, it means that every time another unit is produced, less cost is incurred. This will lead to average total cost falling because there is less cost but more output.

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Answer: c.) average total cost is decreasing

Explanation:

The state senator was found guilty of __________ when she tried to overcharge for licenses and permits from an international business that wanted to open a manufacturing plant in her state.

Answers

The state senator was found culpable of Foreign corrupt Practices when she tried to overcharge for licenses and permits from an international firm that wanted to start a manufacturing plant in her state.

What are Foreign Corrupt Practices (FCPA)

This Act was originally brought into Law in 1977 by the U.S. Congress to curb corruption as it was becoming endemic.

Foreign Corrupt Practices are related to illicit practices that border Public Account Records and Bribery.

In the example above, the senator tried to circumvent proper internal controls by revising the fees payable by an international organization to the state.

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If you withdraw money from a CD before its maturity date, you will face a financial penalty. True False

Answers

Answer:

True

Explanation:

Pls help!

The equilibrium price for this market is
(point)
O$20
O $40
O $30
O $10

Answers

Oh the answer is 40$ You got this! :)

The manufacturing overhead account is debited when ______.

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Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.

What is manufacturing overhead cost?

It is the sum of all the indirect costs that were spent while manufacturing a product.

The amount in the manufacturing overhead account can either be a debit or credit.

It is a debit when the overhead is less than the actual overhead costs that were spent.

Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.

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How long after irs accepts return will it be direct deposited.

Answers

Answer:

within 7-10 days of receiving your tax return, and process paper checks within about two weeks.

Explanation:

Tax rates for proprietorships, partnerships, and LLCs ______ with the passage of the Tax Cuts and Jobs Act of 2017.

Answers

The provision on tax rates for proprietorship, partnerships, and LLCs changed with the passage of the Tax Cuts & Jobs Act.

What is the Tax Cuts & Jobs Act?

The Tax Cuts & Jobs Act is a legislation that guides tax rate on income and addresses concerns about tax credit for employers.

In conclusion, the provision on tax rates for proprietorship, partnerships, and LLCs changed with the passage of the Tax Cuts & Jobs Act.

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Sheng, the CEO of Mirrorz Inc., comes up with a plan to implement business unit strategies successfully. He decides to do this by making technical advancements in the manufacturing process of the products and developing a solid financial system run by an efficient team. He also plans to establish a marketing team that would sell to people who would not normally buy the product. The ultimate mission of the company would be to provide a customer friendly environment. The plan initiated by Sheng can be best categorized as a(n) ________.

Answers

The plan initiated by Sheng can be best categorized as a vision statement based on the plans he wants to implement in his business.

What is Vision Statement?

This refers to the statement which contains the goals and objectives of which an organization wants to achieve in a given time period.

With this in mind, we can see that Mr Sheng is making use of vision statement by the plans he is making on how to implement his business and also to hire a marketing team to establish his business.

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What are the types of Monopoly???​

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Simple Monopoly and Discriminating Monopoly: A simple monopoly firm charges a uniform price for its output sold to all the buyers

Pure Monopoly and Imperfect Monopoly

Natural Monopoly

Legal Monopoly

Industrial Monopolies or Public Monopolies

A(n) _____ company acts like an evangelist, assigning ownership of a project or new business creation and providing seed funding to test it.

Answers

Advocacy is important when establishing a business, advocate models company acts like an evangelist, assigning ownership of a project or new business creation and providing seed funding to test it.

What is Advocacy model?

They are advocate and they provides support and relevant information that is needed to empower their partner or business owner to enable them to identify their needs and choices.

Therefore, Advocate models company acts like an evangelist, assigning ownership of a project or new business creation and providing seed funding.

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True or false: If you invest at a rate of r for two periods, under compounding, your investment will grow to (1 r)2 per dollar invested.

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It is FALSE that if you invest at a rate of r for two periods, under compounding, your investment will grow to (1 r)2 per dollar invested.

This brings us to the idea of compounding interest in future value calculations.

What is compounding interest?

The idea of compounding interest is that the rate of growth of your present investment for some periods will ensure that your investment grows to (1 + r)^n per dollar invested. Compound interest means that interest is also earned on the reinvested interest.

Thus, what is true is that if you invest at a rate of r for two periods, under compounding, your investment will grow to (1 + r)^2 per dollar invested and not (1 r)2.

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Which phrase best describes a reason to check a company's prospectus before investing?
A. To identify the company's investment strategy
B. To discover if the company will lose money in the future
C. To learn about the company's financial track record
D. To understand the company's guaranteed future earning potential

Answers

The main reason for checking a company's prospectus before investing is to identify the company's investment strategy.

What is a company's prospectus?

A company's prospectus refers to the legal document designed to provide full details about an investment offering for sale to the public.

Hence, the main reason for checking a company's prospectus before investing is to identify the company's investment strategy.

Therefore, the Option A is correct.

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Answer:

to learn abt companys track record

Explanation:

justr took

Adjusting entries help to ensure that all ______ are recorded in the period in which they are incurred.

Answers

Answer:

expenses

Explanation:

Which forecasting technique involves analysts using the aggregate opinion of expert panelists, along with justified reasoning, to estimate future sales scenarios?

Answers

Answer:

The case involves analysts using the aggregate opinion of expert panelists.

The forecasting technique is the "Delphi method," which involves aggregating expert panelists' opinions and using reasoned discussions to estimate future sales scenarios.

The "Delphi method" is a forecasting method that has analysts estimate potential future sales scenarios using the collective wisdom of expert panelists and supported reasoning. The Delphi method asks a group of experts to present their individual predictions while remaining anonymous.

The panelists are then given an overview of the responses and invited to provide additional commentary and discussion. This iterative process keeps going until there is agreement or the forecasts converge. When making predictions in complex and uncertain situations where expert judgment and reasoning are essential, the Delphi method can be useful.

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Organizational behavior clearly indicates that managers should be held accountable for task performance results but not job satisfaction results since job satisfaction results are the domain of employees.True False

Answers

The given statement which states that in organizational behavior, managers should be responsible for task performance results and not job satisfaction results is false.

What is Job Satisfaction?

This refers to the feelings of fulfilment which a person gets based on the job he is doing.

With this in mind, we can see that in the organizational behavior which lays emphasis on the interaction of people in groups, then the managers are also held responsible for the job satisfaction results.

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Why would domino’s and little caesar segment the market for pizza?.

Answers

You made me want to eat pizza lol but I think they would work together and form the best pizza

Answer:

Because customers' requirements aren't always the same, To be able to focus on a certain portion.

Explanation:

Hope this helps you!!!!! :D

1. Economic growth results from a/an A. decrease in quality of resources. B. decrease in quantity of resources. C. increase in capital depreciation. D. increase in volume of innovations​

Answers

Answer:

D. increase in volume of innovations.

Explanation:

Amazon collects massive amounts of data about how, when, why, where, and what people buy, and then analyzes those data to better serve its customers. This activity refers to

Answers

Marketing analytics involves Amazon collects massive amounts of data about how, when, why, where, and what people buy, and then analyzes those data to better serve its customers.

What is marketing analytics?

It is the study of data gathered through campaigns, awareness and purchase of goods in order to discern or know the performance of the various marketing activity.

Amazon is acting as marketing analytics.

Therefore, marketing analytics involves Amazon collecting massive amounts of data about how, when, why, where, and what people buy, and then analyzes those data to better serve its customers.

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True or false: Subsection (d) under section 10 of the Federal Arbitration Act requires the court to review the merits of every construction of a contract.

Answers

It is a  False statment to say that subsection (D) of section 10 of the Federal Arbitration Act mandate that the court review the merits of every construction of a contract. The act speaks to Arbitration.

What does the Federal Arbitration Act of the United States of America say?

Subsection (D) of section 10 of the above stated Act state that the United States Court would vacate an award upon application by any of the party to the arbitration:

Where the arbitrators exceeded their power or so imperfectly executed them that a mutual, final and definite award upon the subject matter submitted was not made.

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Setting goals and figuring out how to achieve them describes the _____ function of the management process.

Answers

The answer is planning.

Due to technological advances, individuals are able to buy and download music from the Internet as opposed to simply
buying music from a store.
Which statement describes an economic impact of this technological advance?
A)
Consumer demand for compact discs has increased.
B)
Consumer demand for compact discs has decreased.
The efficiency of downloading music has decreased.
D)
The number of stand alone music stores has increased

Answers

B. It is saying things are turning online and you no longer need to use discs therefor the answer is B.

Basic earnings per share is calculated as net income available to common shareholders divided by Multiple choice question. average total assets. average stockholders' equity. weighted average common shares outstanding. ending retained earnings.

Answers

Basic earnings per share is calculated as net income available to common shareholders weighted average common shares outstanding.

What is basic earnings per share?

Basic earnings per share is the share of a firm's net income that is available to each unit of its common outstanding shares. Basic earnings per share differs from diluted earnings because it excludes preferred shares from its calculations.

Basic earnings per share = (net income - proffered shares) / common outstanding shares

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3. Why is bell work an important part of the learning process?

Answers

Answer:

it can help your brain

Explanation:

it warms your brain up to help you get ready for class and it gives you a glimpse of what you will cover that day.

i hope this helped

Greyco and sons earns $6,900 of revenue on account in year 1. Cash collections of receivables amount to $6,300 in year 1 with the remainder being collected in year 2. Based on this information alone the company’s financial statements would show.

Answers

Based on the given information, the financial statements would show a balance of $600 in accounts receivable at the beginning of Year 2.

Accounts receivables These are cash owed to the company for goods received. They are considered assets.

The company made $6,900 in year 1 but only $6,300 from this was paid. They are therefore being owed an amount of:

= 6,900 - 6,300

= $600

This amount will go to the Accounts Receivable at the end of year 1 and open the account in year 2.

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Which term describes a situation where the quantity of output rises, but the average cost of production falls?.

Answers

Answer: Economies of scale

Economies of scale describe a situation where the quantity of output rises, but the average cost of production falls.

What do economies of scale result in a fall in?

Economies of scale additionally result in a fall in common variable fees (average non-constant fees) with growth in output. this is brought about by means of operational efficiencies and synergies because of a boom within the scale of production.

Examples of economies of scale consist of accelerated purchasing power, community economies, and technical, economic, and infrastructural. While a firm grows too large, it may be afflicted by the alternative diseconomies of scale. that is wherein unit expenses start to grow to be extra high priced, due to increasing size.

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