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) ________.

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Answer 1

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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Related Questions

An increase in the price of a good would a. increase the amount purchased by buyers. b. decrease both the quantity demanded of the good and the quantity supplied of the good. c. give producers an incentive to produce more. d. increase the supply of the good.

Answers

decrease both the quantity demanded of the good and the quantity supplied of the good.

All accounting systems ______. (Select all that apply.) Multiple select question. record and summarize financial effects of transactions are Excel spreadsheets combine beginning balances with the activity during the accounting cycle to yield the ending balances for each account. follow the accounting cycle must be computerized

Answers

it should be noted that all accounting systems should be;

record and summarize financial effects of transactions. follow the accounting cycle.combine beginning balances with the activity during the accounting cycle to yield the ending balances for each account

What is an accounting systems?

An accounting system  can be regarded as accounting processes  that posses some integrated procedures .

Therefore, accounting systems helps in recording business transactions.

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Appraisers rely on recently completed transactions of similar properties to guide their selection of the cap rate to be used to value a single property. The method of estimating a cap rate from a series of comparable properties is more commonly referred to as:____.
a. terminal capitalization.
b. indirect capitalization.
c. direct market extraction.
d. overall capitalization.

Answers

Answer: direct market extraction

Explanation:

The method of estimating a cap rate from a series of comparable properties is more commonly referred to as Indirect capitalization. The correct option is b. indirect capitalization.

Indirect capitalization is the method of estimating a capitalization rate (cap rate) by analyzing recently completed transactions of comparable properties. This approach involves examining the income and sales data of similar properties to determine the prevailing market cap rate.

The cap rate is the ratio between the net operating income (NOI) generated by a property and its market value. By analyzing the cap rates of comparable properties, appraisers can derive an appropriate cap rate to value a single property based on its income potential.

Indirect capitalization is a widely used technique in real estate appraisal as it provides a reliable means to estimate property values based on market trends and comparable sales data.

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A group of individuals from the same business sector who try to persuade politicians to
pass favorable economic laws for them are known as

Answers

Answer:

Lobby

Explanation:

The term lobby refers to a group of people who band together and try to influence people in public office and politicians.

By examining the spreadsheet below, what part of the financial plan might be missing? A 2-column spreadsheet showing Cash Inflows and Cash Outflows. Cash inflows are Disposable income 7,350 dollars, interest on deposits 80 dollars, income from investments 50 dollars, with total cash inflow 7,480 dollars. Cash outflows are mortgage 4,500 dollars, cell phone 125 dollars, car payment 515 dollars, savings account 150 dollars, investments 200 dollars, retirement plan 1,100 dollars, groceries 300 dollars, recreation 200 dollars, with total cash outflow 7,090 dollars. A. Plan for managing income b. Plan for financing c. Plan for protecting assets d. Plan for retirement.

Answers

The correct statement is that in the spreadsheet below, a financial plan for protecting assets is missing. So, the correct option is C.

A financial plan for protection of assets seems to be missing, as there is no payment of premium of insurances in cash outflow columns.

Financial Plan

A financial plan refers to as the estimation and strategy making of the cash flows that an individual or an organization is to manage.

In the example above, it can be seen that there are a lot of cash outflows, but not a single dollar is spent on protecting the assets by way of payment of insurance premium.

So, a financial plan for protecting assets is advised to be created, as the individual will require protection against any unwanted and unprecedented losses or damages.

Hence, the correct option is C that in the spreadsheet below, a financial plan for protecting assets is missing as there is no payment towards insurance premiums in the cash outflows.

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Answer:

C

Explanation:

Management expert peter drucker said the most important factor of production in our economy is, and always will be,.

Answers

Business consultant Peter Drucker said that the most important factor of production is knowledge.

According to business consultant Peter Drucker, knowledge is the most crucial component of production.

What is knowledge management, Peter Drucker?

Peter Drucker believed that knowledge is the essential part in the management to gain the competitive advantage as it allows the person to coordinate and exploit the knowledge of the resource in the organization that helps the one to grow in the business. He also defines the productivity that it is the balance of the all the factors that are required in the production with the greatest output with fewer efforts.

Peter Drucker revolutionized business management by arguing that effective leaders should prioritize ethics and people over profits and strict rules and organizational structures.

Thus, it is knowledge.

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What is the discount rate?
A.
The interest rate that member banks charge customers to borrow money
B.
The rate at which customers are allowed to request loans
C.
The rate at which banks are permitted to lend money to their customers
D.
The interest rate that the Fed charges member banks to borrow money from the Fed

Answers

Answer:

A. The discount rate.

Explanation:

With regards to interpretation, what are the important areas that appear on a cvp graph?.

Answers

The important areas that appear on a CVP graph includes break-even point, loss area, and profit area

What is CVP graph?

A Cost volume profit (CVP) graph is a graph that shows the relationship between the cost of production and the overall sales.

In conclusion, the important areas that appear on a cvp graph includes break-even point, loss area and profit area.

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The sales manager of a company awarded a total of $3000 in bonuses to the most productive salespeople. The bonuses were awarded in amounts of $250 or $750. If at least one $250 bonus and at least one $750 bonus were awarded, what is one possible number of $250 bonuses awarded

Answers

Answer: One possible answer is 9

Dennis has just made the final monthly payment necessary for paying off his car financing. When he purchased the car three years ago, it had a list price of $23,878. Dennis traded in his good-condition 2001 Honda Odyssey and financed the rest of the cost at an interest rate of 11. 82%, compounded monthly. The dealer gave Dennis 85% of the trade-in value of his car, listed below. Dennis was also responsible for paying 9. 05% sales tax, a $1,474 vehicle registration fee, and a $225 documentation fee. All told, how much did Dennis pay in interest? (Round all dollar values to the nearest cent, and consider the trade-in to be a reduction in the amount paid. ) Honda Cars in Good Condition Model/Year 2000 2001 2002 2003 Element $5,887 $6,080 $6,225 $6,622 Odyssey $8,450 $8,693 $8,928 $9,224 Insight $4,384 $4,661 $5,006 $5,440 Accord $6,356 $6,626 $6,817 $7,114 a. $3,919. 77 b. $3,906. 80 c. $4,599. 44 d. $3,668. 52.

Answers

The correct statement is that the payments made towards the interest by Dennis on such amount of principal of the car purchase will be computed as $8392.53.

The calculation of the payment of interest made by Dennis will be computed upon the net principal value of the car and deducting such principal amount from the annuity amount.

Calculation of payment of interest

The formula for the calculation of compounded annuity will be calculated on the total value of the car financed, which is calculated as $19834, and the annuity as per the compound interest formula will be,

[tex]\rm Compounded\ Annuity= 19834(1+\dfrac{0.1182}{12})^3^x^1^2\\\\\rm Compounded\ Annuity= 19834(1.00985)^3^6\\\\\rm Compounded\ Annuity= \$28226[/tex]

Now the payment of interest will be as,

[tex]\rm Compound\ Interest= Annuity- Principal\\\\\rm Compound\ Interest=28226-19834\\\\\rm Compound\ Interest=\$8392.53[/tex]

So, the amount of interest paid is $8392.53.

Hence, the correct statement is that the payments made towards the interest by Dennis on such amount of principal of the car purchase will be computed as $8392.53.

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Answer:

✅ A. $3,919.77

its right ⬇️

Rose found strong evidence that her supervisor, Roger, was stealing confidential documents from the company. She immediately reported Roger's actions to the top management. Rose's action is an example of ___.

Answers

The action of Rose in reporting Roger's actions of stealing confidential documents from their company is known as whistle-blowing.

What is whistle-blowing?

Whistle-blowing is the action of reporting illegal, immoral, illicit, unsafe, fraudulent activities within an organization to the authorities.  The person that engages in whistle-blowing is called a whistle-blower.

Thus, Rose's action is an example of whistle-blowing.

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Adnan, the director of human resources, receives e-mails on a regular basis from employees seeking information about their pay and benefits packages. Because Adnan receives so many of these e-mails, he quickly e-mails the employees back to let them know he has received the e-mail and that he will respond to them within a few weeks once he has gathered the appropriate materials. Adnan is most likely a ______ decision maker.

Answers

Answer:

Poor / Hesitant

Explanation:

We can infer that Adnan does not want to answer the tremendous number of emails received every day, so they move it to next week to answer. This is not a good decision because the emails will just keep piling up without being properly taken care of. A smart decision would be to answer the emails regularly and to not hesitate about the amount received.

QUICK QUESTION !!!
P.S. I WILL GIVE BRAINLIEST TO THE BEST ANSWER!!!!

Who here knows how to give answers that you know will automatically get you brainliest when the second person answers?

Answers

Answer:

give the correct answer and a good,clear explanation:))

Explanation:

Answer:

briefly do some research and give the best answer u find

Explanation:

What factors do you think are most important to luxury buyers?.

Answers

Explanation:

•The Value of Space. When it comes to luxury homes, it's all about space. ...

•Entertaining Excellence. ...

•Security & Convenience. ...

•Keeping Things Exclusive.

What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?

Answers

Answer:hudsa

Explanation:uhsha

Question Mode Multiple Select Question Select all that apply Select the items that characterize organizations. (Select all that apply) Multiple select question. develops goods, services, or ideas main goal is to earn a profit strives to create value for its customers consists of people who share a common mission

Answers

The items that characterize organizations include;

Develops goods, services or ideas.Develops goods, services or ideas.create value for its customersDevelops goods, services or ideas.create value for its customersConsists of people who share a common mission

What is an organization?

The general characterization of an organisation is a group of people who share a common mission, strives to create value in the form of goods, services and ideas in some cases.

A major categorization of an organisation could be as to whether the organization is;

A profit oriented organisation ORA non-profit oriented organisation.

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Identify three advantages of division of labor

Answers

Explanation:

Advantages of Division of Labor

Efficient Mastery. Without the division of labor, mastery of a skill takes much longer. ...

Quicker Training. Some industries have a higher turnover rate than others. ...

Productivity. ...

Efficient Allocation of Workers. ...

Cheaper Products. ...

Higher Wages. ...

Innovation.

Answer:

1.Efficient Mastery. Without the division of labor, mastery of a skill takes much longer.

2.Quicker Training. Some industries have a higher turnover rate than others.

3.Productivity.

Explanation:

When trying to decide where to expand his operations, a small business owner studied several different nations. He analyzed each nation's balance of trade and balance of payments. This small business owner was:

Answers

By measuring the balance of trade of various nations, the business owner was measuring global trade.

What is balance of trade?It comprises of imports and exports. It shows whether a country is exporting more than it is importing.

This will allow one to decide the business conditions in a country because countries with worse balance of trade import more and can be exported to.

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How do differences in the national income of different countries affect their economic development ?

Answers

Answer:

National is the total number of goods and services produced in a country in a given year.

Explanation:

National Income is simply a country's wealth and it goes a long way in shaping the economic development of a country. From, the definition of national income, we should know that every country national income( i.e  the net amount of income of the citizens by production in a year) will differ hence, the difference in their economic  development.

National Incomecan be classified in to two namely:

GDP: Gross domestic product is the aggregate value of goods and services produced in a country. it is used to measure a country 's economic growth.

GNP: Gross National Product on the other hand is the estimated value of the final goods and services produced by a country during a specific period of time (usually a year),before allowance is made for the depreciation or consumption of capital used in the process of production.

IF country A GDP is 52,000 while that of Country B is 45,000. We can say country A is economically developed than country B. i.e Country A is experiencing more positive  growth than country B.

This explains a vivid answer to the above question as all country can not grow at the same rate since their national income differs. the higher the national income of a country, the better  it is from  others.

Rather than using a priority flag, the best way to gain a business email recipient's immediate attention is by

Answers

Answer:

Explanation: do your best :)

Most fast-food restaurants are focused on attracting ________ customers.

Answers

Most fast-food restaurants are focused on attracting Low-involvement customers.

If you are in the 28% tax bracket and owe $20,000 on $100,000 of taxable income, your average tax rate and marginal tax rate would be, respectively:

Answers

A person, who is in the 28% tax bracket and owes $20,000 on $100,000 of taxable income, has d. 20% for average and 28% for marginal.

What are average and marginal tax rates?

The average tax rate is the product of tax liability over taxable income, multiplied by 100.  The marginal tax rate is the product of the additional tax paid over additional taxable income, multiplied by 100.

Data and Calculations:

Tax bracket = 28%

Taxable income = $100,000

Tax liability = $20,000

Average tax rate = 20% ($20,000/$100,000 x 100)

Marginal tax rate = 28%

Answer Options:

a. 24% for average and 28% for marginal

b. 28% for both

c. Impossible to determine

d. 20% for average and 28% for marginal

Thus, a person, who is in the 28% tax bracket and owes $20,000 on $100,000 of taxable income, has d. 20% for average and 28% for marginal.

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The process that facilitates the placement of orders and identifies, attracts, and builds relationships with external customers is called the:

Answers

Answer:

customer relationship process

Explanation:

customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.

According to the segment, when is career testing most effective?.

Answers

According to the segment career testing is most effective when it is When it is guided by a trained career counselor.

What is career testing?

These are assessments that are done to determine the skills that a person has for future jobs.

Career testing is very important for determining the core skills of a person and their soft skills. A counselor is very effective in helping out here:

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What does it mean when the irs rejects your tax return.

Answers

Explanation:

Probably the most common reason that the IRS will reject a tax return is because of errors that are discovered during e-filing. ... You'll be able to resubmit your corrected return, and we'll tell you when it's accepted by the IRS. When you mail a paper copy of your tax return, the IRS reject codes aren't applicable.

In a corporation, the________ is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders’ best interests.

Answers

Every cooperation is usually guided by a set of individual the board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders’ best interests.

Who are board of directors?

They are individuals that are elected by the shareholders of a company usually to govern and oversee the affairs of the cooperation.

They make decisions on behalf of the stakeholders.

Therefore, board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders.

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С
a
Why is it important to maintain network relationships, oven after you have found a job?
You never know when you are going to have to find a new job,
b. You can return the favor by helping network members with career advice and job leads.
c. You will remain informed and connected to people in your field.
d. All of the above

Answers

Answer:

I think C is correct answer

When a partner is added to a partnership: a. The previous partnership ends. b. The underlying business operations end. c. The underlying business operations must close and then re-open. d. The partnership must continue. e. The partnership equity always increases.

Answers

When a partner is added to a partnership the partnership must continue

What is partnership?

A partnership is formed by individual who volunteers to work together in a business or association. They have an agreement about who contributes assets or services.

Partnership can either increase equity or decrease equity of an individual this is based on the contribution of the person to the business.

Therefore, When a partner is added to a partnership the partnership must continue

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The amount Cami raised during last year’s charity walk, $45. 50, is StartFraction 7 over 10 EndFraction of the amount she raised this year. Which equation represents n, the number of dollars she raised this year? 45. 50 (StartFraction 7 over 10 EndFraction) = n 45. 50 = 0. 7 n 45. 50 n = StartFraction 7 over 10 EndFraction 45. 50 = 0. 7 n.

Answers

The amount raised by Cami during last year and in this year have to be compared by putting them in fraction. The start-fraction and end-fraction can be used to reach at the equation.

Given

Amount raised during last year is $45.50

Amount raised this year is 10 End-fraction of the amount

What amount is raised last year?

Amount raised last year was [tex]\dfrac{7}{10}[/tex] the amount raised this year.

Let the amount raised this year be n, then the amount raised last year will be 0.7 n.

Therefore the equation will be  [tex]45.50 = 0.7 n[/tex] and option D is correct regarding the question.

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After+a+student+synthesized+an+organic+compound,+she+calculated+her+reaction+yield+to+be+101%. +which+of+the+following+is+not+a+reason+that+can+account+for+her+yield?.

Answers

Gurl I am new here too so anything that you learned plz share I am in imitate help

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