If the market price is $74.50 per bushel of wheat, and ali chooses to produce wheat, how much will he produce per month to maximize his profits in the short run?

Answers

Answer 1

He produces 0 bushels per month to maximize his profits in the short run.

Market pricing is a strategy used to set prices in line with contemporary expenses inside the marketplace for equal or similar products or services. It offers organizations the possibility to set better charges to start with before matching market expenses to live competitive at the same time as nevertheless developing go back on investment.

As per the given data, we know that

a).

=> Optimal rule for production is P = MR = MC.

=>Here P = MC = 74.50 occurs when Q = 4000 bushels.

=>Consequently he produces 4000 bushels per month.

b).

=> Profit = (P - ATC)*Q

             = (74.50 - 45.13)*4000

             = 117480

c).

=> Optimal rule for production is P = MR = MC.

=>Here P = MC = 22.50 occurs when Q= 1500 bushels.

=> Consequently he produces 1500 bushels per month.

d).

=>Profit = (P - ATC)*Q

            = (22.50 - 29.50)*1500

            = -10500

e).

=> No production occurs at this price because of P < AVC.

=>Consequently he produces 0 bushels per month.

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Related Questions

When consumers engage in​ __________ buying behavior they go through a learning​ process, so it is most important that marketers understand information gathering and evaluation behavior.

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'When consumers engage in complex buying behavior they go through a learning process, so it is most important that marketers understand information gathering and evaluation behavior.

A complex type of buying behavior imparted by consumers occurs when the consumer is highly involved and concentrated on the purpose of purchase and when there is a major part of significant differences exist between brands. This type of behavior can be associated with the behavior of purchase of a new home as well as a personal computer with web connections.

Studying proper consumer behavior is important since it helps marketers to understand what influences the majority of buying decisions of a particular customer. As though understanding how consumers decide on selecting a product, they can fill the already gapped portions in the market and can identify those products that are needed in urgent and those products that are obsolete on a date near to expiry.

Consumer Buying Behavior is the term refers to the procedures taken both on and offline by consumers before buying a product and may include consulting search engines, social media posts, and various other actions.

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The bond contract rate determines the annual interest paid by multiplying the bond ______ value by the contract rate. multiple choice question. premium par market

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The bond contract rate determines the annual interest paid by multiplying the bond par value by the contract rate. The interest rate shown on the face of a note or bond is known as the contract rate, also known as the coupon rate, stated rate, or nominal rate.

In other words, this is the interest rate that will be charged during the note or bond's life on the principal balance. the sum that, in accordance with the contract, an insurance company will pay for a specific service code. This pertains to providers who are part of a particular payer's network.

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issued by nonfederal government entities, these financial instruments are debt securities that fund their capital expenditures. they are exempt from most taxes imposed in the area where the securities are issued. issued by major banks, these short-term instruments pay higher interest than treasury securities, but still have low returns. risk depends on the financial strength of the bank. these financial instruments are u.s. dollar deposits outside the united states that earn interest over a certain time period. risk associated with these deposits depends on the risk of the issuing bank. issued by corporations, these instruments can have maturities from 1-40 years. the risk depends on the financial strength of the issuing corporation.

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Debt instruments include things like bonds, credit cards, credit lines, loans, and loans. Usually, when we use the word "debt instrument," we mean debt capital that has been raised by institutional institutions. Governments and both private and public corporations can be considered institutional institutions.

A financial investment whose price is based only on its market value is referred to as a primary instrument. Cash-traded goods including equities, bonds, currencies, and spot commodities are examples of primary instruments.

Complete Resolution Assets that need a fixed payment with interest to the holder are referred to as debt instruments. Bonds and mortgages are two examples (corporate or government). Stocks are not considered a type of debt instrument.

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During __________, even though prices decline, spending slows because consumers expect prices to continue to decline.

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During deflation, even though prices decline, spending is delayed because customers predict costs to continue to decline.

What is the main purpose of financial planning?

A financial plan demonstrates an individual's long-term economic goals and develops a strategy for achieving them. The plan should be complete but also highly individualized, to reflect the individual's private and family situations, risk tolerance, and future anticipations.

Deflation Definition

Deflation is when client and asset prices decline over time, and purchasing power increases. You can buy more interests or services tomorrow with the same quantity of money you have today.

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Possible econometrics can be defined as follows with the exception of:_____.

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Possible econometrics can be defined as follows with the exception of measuring the height of economists.

Econometrics can be defined as the ones who  makes use of various statistical methods to develop different types of theories.

It also helps in the testing of various hypotheses which are included in economics that helps gives meaning to economic systems. It does not measure economics.

Therefore, Possible econometrics can be defined as follows with the exception of measuring the height of economists.

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The time value of money exists because of? a. prices b. uncertainty c. weather d. the past

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The time value of money exists because of the interest rates.

Describe the Interest rates.

An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a lender, the equity rate is the sum you pay for borrowing money and is expressed as a proportion of the total loan amount. An illustration would be: You loan $15,000 for a car loan with a fixed interest rate of 5% over 48 months. Therefore, the total interest you'll pay throughout the loan's term will be $1,581. You would have to pay the equivalent of $1,909 in rate, or $328 more if you borrowed the same sum for the same length of time at a fixed interest rate of 6 percent.

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Structural differences between gram-positive and gram-negative bacteria are observed following the gram-staining procedure since __________.

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The structural differences between gram-positive and gram-negative bacteria are observed following the gram-staining procedure since the two types of bacteria are distinguished by gram staining.

What is a gram-staining procedure?

The procedure of gram staining refers to the common technique used to differentiate two large groups of bacteria based on their different cell wall constituents. The Gram stain procedure distinguishes between Gram positive and Gram negative groups by coloring these cells red or violet. The bacteria with thick peptidoglycan are called gram positive. If the peptidoglycan layer is thin, it's classified as gram negative.

Therefore, the structural differences between gram-positive and gram-negative bacteria are observed following the gram-staining procedure since the two types of bacteria are distinguished by gram staining.

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abbott landscaping purchased a tractor at a cost of $42,000 and sold it three years later for $21,600. abbott recorded depreciation using the straight-line method, a five-year service life, and a $3,000 residual value. tractors are included in the equipment account. exercise 7-17a part 1 required: 1. record the sale.

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Abbott Landscaping purchased a tractor at a cost of $ 42,000 and sold it three years later for $ 21,600. Abbott recorded depreciation using the straight- line method, a five- year service life, and a $ 3,000 residual value. Tractors are included in the Equipment account.

Depreciation

Large lump sum purchases are made for tangible things like real estate, machinery, vehicles, and so forth. These assets lose value over time after being purchased due to utilization (i.e., use of the item) and obsolescence. The estimate of the amount by which this value has decreased over a specific fiscal term is represented by depreciation.

Due to the fact that an asset's value is derived over a longer period of time—known as its estimated useful life—accounting standards do not let us to expense the entirety of the asset's worth in the year they are purchased.

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Leadership is a desire to make a difference and it takes direction, achievement, and ________________________.

A. Synergy
B. Teamwork
C. Cohesiveness
D. Tact

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Leadership is a desire to make a difference and it takes direction, achievement, and tact.

What is meant by leadership?

This is the term that is used to refer to the power that a person would have to act on behalf of a group of people as their head. The leader is the person that has to lead the group and make sure that they are able to have better ways of achieving their goals as a group in the society. It takes several characteristics to be a leader.

Hence we can say that leadership is a desire to make a difference and it takes direction, achievement, and tact.

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For a $60 coat there is an additional 10harge when the coat is bought on credit. what is the total cost to a credit customer? make a selection: a. $66.60 b. $66.00 c. $54.00 d. $60.60

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For a $60 coat there is an additional 10 % charge when the coat is bought on credit. The total cost to a credit customer is $66.00.

The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.

Credit is a two-party transaction in which one (the creditor or lender) provides money, products, services, or securities in exchange for the other's commitment to pay in the future (the debtor or borrower). Interest is typically paid to the lender in such transactions.

Calculation of credit customer is shown as:

Additional charge = 10% of $60.00

                              = $6.00

S0, total cost to a customer when he buys at credit = $60.00+$6.00

                                                                                     = $66.00

Credits (cr) record all of the funds leaving an account, whereas debits (dr) record all of the funds entering the account.

The correct option is b)$66.00 among the given options.

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When you're with your friends, your language is colored with slang that you don't use with your parents. which strategy does this illustrate?

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Answer: Divergence

Explanation: Divergence is speaking in a way that sets themselves apart from others.

_____ refers to all the planned messages that companies and organizations create and disseminate to support their marketing objectives and strategies.

Answers

Marketing Communications refers to all the deliberate communications that businesses and organisations produce and spread in support of their marketing goals and tactics.

The term "marketing communications" describes the coordinated use of several marketing instruments and platforms. The focus of marketing communication channels is on how organisations convey a message to their target market or to the market as a whole. It is also in charge of the company's internal communications.

Marketing Communications TypesDigital advertising public affairs. Advertising.The internet.Customer referrals.Direct sellingPromotion of sales

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as a joke, jem takes kyla’s business law textbook and hides it so that kyla cannot find it during the week before the exam. as it relates to the initial taking, jem may have committed

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as a joke, jem takes kyla’s business law textbook and hides it so that kyla cannot find it during the week before the exam. as it relates to the initial taking, jem may have committed trespass to personal property.

What is personal property.?

Moving property is referred to as personal property. Personal property can be either material or immaterial. Items that are visible and touchable are referred to as tangibles. Intangible assets, such as a company brand or a copyright, cannot be touched but nevertheless have value to the owner. Apart from real estate, everything you own is referred to as personal property. This includes material possessions like all of your clothes, any jewelry, all of your furniture and household goods, as well as anything else that is mobile and not fixed to a certain place like your home.

Therefore

as a joke, jem takes kyla’s business law textbook and hides it so that kyla cannot find it during the week before the exam. as it relates to the initial taking, jem may have committed trespass to personal property.

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4 3 tries left receiving and storing inventory is an activity in which transaction cycle?
a. financing
b. revenue
c. expenditure
d. production

Answers

Receiving and storing inventory is an activity in the Expenditure transaction cycle

This is further explained below.

What is the Expenditure transaction cycle?

Generally, The sequence of tasks involved in the procurement of products and services as well as their payment may be referred to as the spending cycle.

These activities consist of determining what needs to be acquired, engaging in buying activities, awaiting the delivery of items, and making payments to the relevant vendors.

In conclusion, The cycle of transactions involving expenditures includes activities such as receiving and storing merchandise.

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complete quetion

Receiving and storing inventory is an activity in which transaction cycle?

A. Financing

B. Production

C. Revenue

D. Expenditure

A customer has yet to pay the bill for products purchased from firm a on credit. this customer's trade credit is recorded in which of firm a's balance sheet accounts?

Answers

The fact that the customer has not paid the bill on products purchased on credit means that the customer's trade credit is recorded in Accounts receivable.

What goes into accounts receivable?

When a company allows a customer to take goods without paying them, this is considered buying goods on credit.

The company will consider this an asset because the customer owes them money. The relevant asset account will be the accounts receivable account and this takes all customer sales that were done on credit.

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since is typically regulated by the state or federal government, marketing plays a relatively small role in this setting.

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A pure monopoly is typically regulated by the state or federal government, marketing plays a relatively small role in this setting .

What is Monopoly ?

A monopoly is a market arrangement where one producer or seller holds a disproportionate amount of power within a certain market. Monopolies are forbidden in free-market economies as they limit customer alternatives and impede competition.

Antitrust laws are in existence in the US to prevent monopolies, guaranteeing that one company cannot dominate a market and take advantage of its dominance to take advantage of its customers.

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the metaphor the textbook choose to describe the relationship between organizational culture and project management is that of a riverboat trip. culture

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Culture is the river and the project is the boat in the textbook describing the organizational culture and project management.

What is organizational culture and how does it affect project management?

The attitudes, values, beliefs, and behaviors of an organization's workplaces where the culture is not supportive of it, project personnel, as well as its underlying presumptions, make up its culture. In management can occasionally be seen as an additional burden and disturbance to routine work.

In the absence of an effective project management office (PMO) and consistent organizational culture and practices across projects, project operations will differ from one project to the next as well as from one department to the next. The project culture of an organization largely impacts whether the projects it works on are successful or unsuccessful.

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With which step in the strategy does one begin to make judgments about which solution is the most justifiable?

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The step in the strategy where  one begin to make judgments about which solution is the most justifiable is Evaluation .

What is Evaluation?

Strategy evaluation  can be described as the  process  hereby the management going through the steps of assessing how well a chosen strategy has been implemented as well as  how successful or otherwise the strategy is.

It should be noted that strategy evaluation encompass the process of  reviewing as well as  appraising the strategy implementation process which help in the  measurement of  organizational performance.

In conclusion, step in the strategy where  one begin to make judgments about which solution is the most justifiable is Evaluation .

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a loan on real estate, that includes fixtures, and appliances used extensively in the sale of condominiums is a (an)

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A loan on real estate, that includes fixtures, and home equipment used significantly inside the sale of condominiums is a (an) reverse annuity mortgage

Real estate is personal assets in the shape of buildings and land. actual estate can be used for residential, industrial, or industrial functions, and consists of any sources on the land including water or minerals.

Real estate examples are all around us in the form of homes, places of work, buying facilities, hospitals, farms, etc. The uncooked land a sure distance from our city is real property, and so is the street that receives us there. Many human beings love running and investing in it because, through nature, the asset is tangible.

There are 3 main sorts of the Real estate: vacant land, residential homes, and business homes. Vacant land lets you the possibility to either build something or hire it out. actual estate is generally a first-rate funding option. it could generate ongoing passive earnings and may be an excellent long-time period funding if the price increases over time. you could even use it as a part of your common approach to start building wealth.

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given the following list of accounts, identify which are classified as assets. select all that apply.

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Given the following list of accounts. Accounts payable, Building, Notes Payable, Taxes Payable, Supplies, Wages payable, Land, Accounts Receivable, Cash. The items that are  classified as assets are: Accounts Receivable, Cash, Land, Supplies, Building.

What are assets and liabilities?

Assets can be defined as something that add value to a company or an organization or something a company can derived benefit from when using it.

Liabilities  can be defined as money a company is owing or financial obligation a company is expected to make.

Assets includes the following:

Accounts ReceivableCashLandSuppliesBuilding

Liabilities includes the following:

Accounts payableNotes PayableTaxes PayableWages payable

Therefore given the following list of accounts. Accounts payable, Building, Notes Payable, Taxes Payable, Supplies, Wages payable, Land, Accounts Receivable, Cash. The items that are  classified as assets are: Accounts Receivable, Cash, Land, Supplies, Building.

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The complete question is:

Given the following list of accounts, identify which are classified a assets. select all that apply.

Accounts payable

Building

Notes Payable

Taxes Payable

Supplies

Wages payable

Land

Accounts Receivable

Cash

Do brokers have to retain and store email, texts, and even tweets that are part of a real estate transaction?

Answers

Yes, brokers have to retain and store email, texts, and even tweets that are part of a real estate transaction.

Real estate is assets along with land and the homes on it, at the side of its herbal resources which include plants, minerals or water; immovable assets of this nature; an hobby vested on this an object of actual property, homes or housing in general.

Real property is private property in the shape of homes and land. actual property can be used for residential, commercial, or commercial functions, and consists of any resources on the land such as water or minerals.

Examples encompass single-own family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences

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Compare+the+interest+earned+by+$+for+years+at+%+simple+interest+with+interest+earned+by+the+same+amount+for+years+at+%+compounded+annually.+why+does+a+difference+occur?

Answers

Compound interest is preferable to simple interest when it comes to investing since it enables money to grow more quickly than it would in an account with a basic interest rate.

Comparison of simple and compound interest

The fee that the borrower must pay the lender for the loan is known as interest. The interest can be either simple or compounded, and it is commonly stated as a percentage. A loan or deposit's principal amount serves as the foundation for simple interest. Compound interest, on the other hand, is calculated based on both the initial principal and the interest that is added to it each period. Simple interest is simpler to compute than compound interest because it is just applied to the principal of a loan or deposit.

Simple Interest=P*r*n

P = Primary Amount

Annual interest rate is r.

Loan term in years, n

You must account for compound interest when determining the annual percentage yield. The cost of borrowing money annually, or the yearly rate of return, is that.

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_____________ is a global compliance management standard that addresses risks, legal requirements, and stakeholder needs.

Answers

ISO 19600 is a global compliance management standard that addresses risks, legal requirements, and stakeholder needs.

This is further explained below.

What is ISO 19600?

Generally, The International Organization for Standardization released the compliance standard ISO 19600, Compliance management systems - Guidelines, in April 2014.

Defensive strategy is described as a marketing technique that allows businesses to maintain important clients that may be taken away by rivals.

As its name implies, it functions as an advice standard and is not utilized for accreditation or certification.

Competitors are businesses that operate in the same industry or that cater to the same clientele and provide comparable goods.

In conclusion, The International Organization for Standardization (ISO) 19600 is a worldwide compliance management standard that covers risks, regulatory obligations, and the demands of stakeholders.

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Why are the underlying economic meanings of the perceived demand curves for a monopolist and monopolistic competitor different?

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The underlying economic meaning of the perceived demand curve for a monopolist and a monopolist's competitors is different because the monopolist faces the market demand curve and the monopolist's competitors do not.

The demand curve is a graph of the relationship between the price of a product and consumer demand over a certain period of time. The demand curve can be represented visually through graphs. This graph refers to the price point of a product shown on the vertical axis and the number of consumers shown on the horizontal axis.

It is important to know the demand curve in deciding a pricing for goods or services. By using the demand curve, the company will know that the purchasing power of consumers is high due to low prices, and vice versa. These two variables are determinants of product prices that will bring optimal profit and at the same time, maintain consumer demand.

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In-depth and _________ levels of risk management are used when there is time to document the results of the planning.

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In-depth and deliberate levels of risk management are used when there is time to document the results of the planning.

The method that involves identifying, evaluating, and accepting or trying to mitigate unpredictability in investment choices is known as risk management. Risk management takes place when an investor or fund manager examines and makes an attempt to quantify the potential for losses in an investment, such as moral hazard, and then decides what action to take (or inaction) based on the fund's investment objectives and risk tolerance.

If a company establishes risk management as a structured and uninterrupted process for identifying and resolving risks, it can be used to assist other risk mitigation systems. Among them are planning, organization, cost control, and budgeting. The company is unlikely to face many surprises because the main focus is on proactive risk mitigation.

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jamaica and nicaragua can both produce coffee and black tea in the following amounts per hour per worker. coffee black tea jamaica 40 30 nicaragua 30 20 which country has an absolute advantage in the production of coffee?

Answers

Jamaica has an absolute advantage in the production of coffee as it is producing 10 more units than Nicaragua with same labor.

Absolute advantage refers to the capacity of an individual, business, region, or country to produce more of a good or service per unit of time with the same number of inputs, or to produce the same amount of a good or service per unit of time with fewer inputs, than its competitors. Absolute advantage can be achieved by manufacturing a product or service at a lower absolute cost per unit with fewer components, or by a more efficient approach.

Producers with different absolute advantages can almost always benefit more by areas of expertise, division of labor, and trade than producing and consuming in isolation. Comparative advantage, or the capability to manufacture goods and services at a lower opportunity cost, stands in contrast with absolute advantage.

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Pb ratios are higher than __________________ when companies carry debt.
a. price-to-nno ratios
b. residual operating income
c. price to sales ratios
d. price-to-noa ratios

Answers

PB ratio is better than the price to NOA ratio when the business enterprise consists of debt.

Agencies use the charge-to-ebook ratio (P/B ratio) to compare a company's marketplace capitalization to its book value. it is calculated by way of dividing the organization's stock rate in line with the percentage with the aid of its e-book value consistent with share (BVPS).

The charge-to-book ratio, or P/B ratio, is a monetary ratio used to compare a company's modern-day marketplace value to its ebook price. The calculation can be performed in two methods, but the end result needs to be equal.

P/B ratio is used to examine an inventory's marketplace price with its e-book cost. it's far calculated by using dividing the contemporary final fee of the inventory by using the modern-day sector's e-book value. P/B is equal to the proportion of price divided by book value according to share.

An excessive fee-to-book price approach to the inventory is overrated. as example: a corporation's PB ratio is five. this indicates buyers are paying 5 times for a corporation's property.

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financial management involves setting up and monitoring controls to make certain the plans and budgets are monitored sufficiently so that the business can reach its financial goals

Answers

Financial management involves setting up and monitoring controls to make certain the plans and budgets are monitored sufficiently so that the business can reach its financial goals. true

Financial management is the enterprise function involved with profitability, prices, coins, and credit, in order that the corporation may have the way to perform its goal as satisfactorily as viable; the latter is regularly defined as maximizing the fee of the firm for stockholders.

To stay aggressive, agencies need to make huge Financial investments consisting of buying or building a brand new manufacturing facility or making an investment in superior equipment or generation. At the equal time, in addition, they should make certain that they are able to pay their monthly payments. monetary management involves putting in and monitoring controls to ensure the plans and budgets are monitored sufficiently so that the business can reach its economic goals.

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1. identify and describe a great manager. what makes him or her stand out from the crowd? have you ever seen or worked for an ineffective manager? describe the causes and the consequences of the ineffectiveness

Answers

A great manager, in my opinion, is someone who can deal with any situation professionally while communication also ensuring the well-being of his employees.

A good manager has excellent situational communication skills. He or she may be able to communicate strategic goals to a room full of executives while also identifying extremely specific goals for a project team. The ability to demonstrate competence in a variety of communication techniques is a valuable soft skill.

Globalization and the Internet have fundamentally changed the business landscape. Businesses have been able to strengthen their competitive edge and increase efficiency simply because of how quickly information can be accessed and transactions can be completed electronically. Personally, I have worked with an ineffective manager. I believe the manager was dissatisfied with his job and did not care about it.

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You are saving for retirement. To live​ comfortably, you decide you will need to save million by the time you are. Today is your ​birthday, and you​ decide, starting today and continuing on every birthday up to and including your ​birthday, that you will put the same amount into a savings account. If the interest rate is ​, how much must you set aside each year to make sure that you will have million in the account on your ​birthday?.

Answers

Answer:

To live comfortably, you decide you will need to save SI million by the time you are 65. Today is your 27th birthday, and you decide

Explanation:

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