Planning enables organizations to set goals and to formulate operational plans to achieve those goals. This activity is important because, as a manager, you will spend a great deal of time planning. The goal of this exercise is to challenge your knowledge of the various types of standing plans and single-use plans. A encompasses a wide range of activities or projects. A designates a specific required action. A outlines a set responses to particular circumstances. A plan is used for activities that are not likely to be repeated again. A has less complexity and scope than a programA plan is best for activities that occur over and over again. A gives a general idea of how to respond to a designated situation. The choices are: layout, framework, schedule, mission, program, rule, standing, single-use, policy, project, scheme, procedure
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Business, 22.06.2019 10:10
At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:
Answers: 1
Business, 22.06.2019 12:50
Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
Business, 22.06.2019 14:10
When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level
Answers: 3
Business, 22.06.2019 19:00
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
Planning enables organizations to set goals and to formulate operational plans to achieve those goal...
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