BUSINESS HIGH SCHOOL

Short-term goals can be set to help achieve specific long-term goals.
a. True
b. False

Answers

Answer 1
Answer:

 

Option A is correct. Short term goals can be set to help achieve specific long term goals. This statement is true.

Further Explanation:

Short term goals refer to the goals which the company has to achieve for a short period, maybe for six months or less than it. The company set its short term goals in accordance with the long term goals. Long term goals refer to the goals which the company has to achieve in the long term may be for one year or more than one year. For example, the company's long term goal for sales is $500,000 for one year. The company set its short term goal with respect to long term goals. So, after one year, the company has achieved its targets of $500,000.

Justification for the correct and incorrect answer:

A.

True: This option is correct.

Short term goals can be used for achieving specific long term goals. Short term goals have the path towards the long term. This statement is true.  

B.

False: This option is incorrect.

This statement is not true. As explained in the above paragraph; the company set their short term goals in that manner so that their long term goals are automatically achieved.

Learn more:

1. Learn more about short term goals

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2. Learn more about budgeting

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3. Learn more about budget goal

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Answer details:

Grade: Middle School

Subject: Accounting

Chapter: Budgeting

Keywords: short goals, specific achieved, long term goals, more than one year, more than six months, can be set, company.

Answer 2
Answer:

Short-term goals can be set to help achieve specific long-term goals is true. Therefore, the correct option is A.

Short-term goals are basically immediate objectives that help in the overall progress of long-term goals. By dividing the long-term goals into manageable short-term goals, individuals or organizations can make an action plan to achieve them.

Short-term goal setting is a self-improvement activity that involves creating realistic targets that may be accomplished in a short amount of time. They can be used in both personal and professional settings.

Thus, the ideal selection is option A.

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Identify the three uses of money and give an example of each.

What describes this angoul of the sqware

Answers

If the word 'angoul' is supposed to be angle then the answer would be 90 degrees. A square has 4 sides that are all equal in length. 

Which of the following statements about minimum payments is INCORRECT?A. Minimum payments are typically only 2-4% of your total debt
B If you send in the minimum payment, you will be charged a late fee.
C You will still pay interest on your balance if you submit the minimum payment.
D Paying the minimum means you are only paying off a portion of your total debt.

Answers

The incorrect statement about the minimum payment is "if you send the minimum payment, you will be charged a late fee." The minimum payment is all that is needed on a credit card or other loan. There will never be a late fee added if the minimum payment is sent in unless it is late. However, by paying the minimum amount, the balance will not go up. If you pay extra, you will have that put on the balance of the account. 

If you send in the minimum payment, you will be charged a late fee.

Further Explanation:

minimum payment:

The base installment is the minimum payment of cash that you are required to pay on your financial record every month. See your Mastercard "terms and conditions" archive to perceive how your Mastercard's base installment is determined.  

Explanations about minimum payment is erroneous:  

The off base proclamation about the base installment is "on the off chance that you send the base installment, you will be charged a late expense." The base installment is all that is required on a Visa or other credit.  

Making the minimum payment hurt credit:  

For whatever length of time that you're making in any event the minimum payment on time every month, you're really helping your FICO rating by structure a positive installment history. ... Be that as it may, when you pay just the base, your parity just diminishes by a little and a high credit usage will keep on harming your FICO assessment.  

The advantage of minimum payment sum due:

Paying something other than the base sum due will spare one from paying high-loan costs. It encourages one in satisfying the obligation sooner: When one pays only the base sum due, they pay a small sum towards the central exceptional consistently. This keeps the cardholder paying off debtors for a more extended time.  

Subject: business

Level: High School

Keywords: minimum payment, Explanations about minimum payment is erroneous, Making the minimum payment hurt credit, The advantage of minimum payment sum due.

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Classification of products by degree of __________ divides them into three categories. They are nondurable goods, durable goods, and services. consumption tangibility liquidity porosity value or price

Answers

Classification of products by degree of CONSUMPTION divides them into three categories. They are non-durable goods, durable goods, and services.

Non-durable goods are also known as soft goods or consumables. These are goods that can be consumed and will not last for a long period of time before being replaced by goods of the same kind. It lasts for a maximum of three (3) years. Examples of non-durable goods are food and clothing. 

Durable goods are goods that last for at least three years. These are goods that takes a long time before being replaced. Examples of these durable goods are appliances, vehicles, furniture, jewelry, sporting goods and consumer electronics.

Services are intangible economic goods. Examples of these services are accounting, banking, cleaning, consultancy, education, expertise, insurance, medical treatment, transportation, and any other services that man can offer.  

A student has some $1 bills and $5 bills in his wallet. He has a total of 16 bills that are worth $44. How much of each type of bill does he have?

Answers

Answer:

Explanation:

Student has X amount of $1 bills and Y amount of $5 bills. At the same time, it is equal to $44 and 16 in terms of quantity. We can make an equation:

$1*X + $5*Y= $44 AND X+Y=16 ⇒ X=16-Y

16-Y+5Y=44

16+4Y=44

4Y=28

Y=7

X=16-Y=16-7=9

So, 9 bills of $1 and 7 bills of $5

Ted works in his family's bakery business. they supply bread and rolls to neighboring restaurants, and have their own store-front where they sell breads, rolls, pastries, cookies, and cupcakes. ted thinks he should put free wi-fi in the store front (which seats about 15 people). this idea reflects which one of porter's five competitive forces?

Answers

I guess the correct answer is rivalry among existing firms in an industry

Ted works in his family’s bakery business. They supply bread and rolls to neighboring restaurants, and have their own store-front where they sell breads, rolls, pastries, cookies, and cupcakes. Ted thinks he should put free Wi-Fi in the store front (which seats about 15 people).

The idea that reflects one of Porter’s five competitive forces is the rivalry among existing firms in an industry.

___________ typically refers to the promotion and sale of different versions of a media product across the various subsidiaries of a media conglomerate.

Answers

Answer: Synergy

Explanation:

Synergy is described as the intercommunication in between two or more entities in order to construct a collaborative effect. This effect is known to be greater than the effort that would have be in place , if they were acting alone. In comparison to the cross media concurrence, the synergy takes place when the media commodity is being advertised across the other platforms. Example, a commodity being promoted in a movie.

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