Robert, a top-level manager at an advertising agency, spends a significant part of his work day identifying goals for future organizational performance and deciding how to use resources to attain these goals. This involves which management function?

Answers

Answer 1
Answer:

Answer:

Planning.

Explanation:

Planning is the process used by managers to identify and select appropriate goals and courses of action for an organization. The planning function determines how effective and efficient the organization is and determines the strategy of the organization.

Purpose or Importance of planning:

- Leads to economic utilization of resources

- Reduces the risk of uncertainty

- Facilitates decision making

- Encourages innovation and creativity

- It gives direction to managers and non managers alike.

- Planning can reduce the impact of change.

- It minimize waste and redundancy.

- Planning establishes objectives or standards that facilitate control.


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Which of the following circumstances usually comes before a period of economic contraction?A) Decreasing inflationB) High unemployment C) Low GDPD) Peak production

How many of the following items are found on the balance sheet, rather than the income statement? Accounts receivable
Retained earnings e
Income tax expense
Accrued payable .
cash .
Selling and administrative expenses .
Plant and equipment .
Operating expense .
Marketable securities
Interest expense
A) Four of these items are found on the balance sheet
B) Six of these items are found on the balance sheet.
C) Five of these items are found on the balance shect.
D) Three of these items are found on the balance sheet

Answers

Answer:

B) Six of these items are found on the balance sheet.

Explanation:

Six items fall under assets or liabilities or share capital, which only appear in the balance sheet rather than income statement.

The items are the following;

Accounts receivable

Accrued payable

cash

Plant and equipment

Marketable securities

Retained earnings

The 5.5 million vinyl long-playing (LP) records sold in the United States per year pales in comparison with the 1.26 billion digital downloads. The grooves in vinyl records create sound waves that are similar to those of a live performance, however, which means they provide a more authentic sound, which in turn means nightclub DJs, discerning music listeners, and collectors will always prefer them. Firms that sell LPs position themselves for a niche segment of diehard consumers. They are in the ________ stage. Multiple Choice A. product
B. development introduction
C. growth maturity
D. decline

Answers

Answer: Option (D)

Explanation:

From the following given case or scenario , we can state that the organization's product is in decline stage. During this, the sales growth tends to become negative, the profits will decline, the competition tends to remain high, and also the commodity, product or services ultimately reaches the ‘end’.  This stage of product life cycle is known to be one under which product ultimately ‘ends’ due to negative or low growth rate.

Paul invested $10,000 in a security that will double in value in ten years. Approximately what annual rate of return is this investment making? 10.0 percent 7.2 percent 6.3 percent 5.8 percent

Answers

The right answer for the question that is being asked and shown above is that: "5.8 percent." Paul invested $10,000 in a security that will double in value in ten years. Approximately the annual rate of return is this investment making is 5.8 percent

Final answer:

The annual rate of return for this investment, which doubles in value over ten years, is approximately 7.2%, calculated using the formula for Compounded Annual Growth Rate (CAGR).

Explanation:

Paul invested $10,000 in a security that will double in value in ten years. This is equivalent to saying that the investment will grow to $20,000 in this period. To find the annual rate of return, we need to apply the formula for Compounded Annual Growth Rate (CAGR), which is:

[(Final Value / Initial Value)^(1/Number of Years)] - 1

Placing the given values into this formula, we get:

[(20,000 / 10,000)^(1/10)] - 1 ≈ 0.072 or 7.2%

So, the annual rate of return for this investment is approximately 7.2%.

Learn more about Annual Rate of Return here:

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Which of the following will affect the size of your monthly mortgage payment?

Answers

The things that will affect the size of your monthly mortgage payment are :

- The size of your down payment, the bigger your down payment the lower your monthly payment would be
- The Length of your mortgage, 
- The Purchase Price of the house , the more expensive the house the bigger your monthly payment would be

Correct answer choices are:

Size of down payment

Length of mortgage

Purchase price

____________________________________________________________

Explanation:

For anyone seeking to finance a home, the volume of your average lease return is a fundamental concern. The value of your monthly mortgage will change your estimates for the period of your mortgage cycle, which may extend decades into the eternity. While each circumstance is distinct, these three circumstances will play a fundamental purpose in restricting the volume of your average debt installment.

1. The extended the duration of your debt, the lower the average cyclical return.

2. A framed rate never varies, any undertaking how much the demand varies over the course of your mortgage. Changeable rates are influenced by fluctuations in the exchange and will vary.

3. The greater the dimension of your down payment, the lower your average debt adjustment will be.

Mike and Molly really like their financial institution. They are part-owners of the institution and appreciate the great customer service every time they speak with a representative about their financial needs, especially in their share account. They also enjoy the membership that they have at their financial institution. What financial institution have they chosen

Answers

Answer: Credit Union

Explanation:

Mike and Molly are making use of a credit union type of financial institution.

A credit union type of financial institution makes use of money of joint members deposited to give loans to members within the same group. The money they credit to members within the group is the money that would have been profit to other group members. So, instead of taking their profit home individually, they are given out on loan to members within the group. The purpose of this credit loan type of financial institution is to encourage members to save and to easily access loans.

The cost principle requires that when assets are acquired, they be recorded at __________.a. selling price
b. appraisal value
c. list price
d. exchange price paid

Answers

The right answer for the question that is being asked and shown above is that: "d. exchange price paid." The cost principle requires that when assets are acquired, they be recorded at d. exchange price paid