Answer:
1.Planning is one of the four functions of management that allows a manager to develop and implement strategic action steps aimed at reaching an organizational goal. There are three major types of planning, which include operational, tactical and strategic planning.
2.Organizational planning is the continuous process of systematically making plans with the greatest possible knowledge of the future; organizing the activities needed to carry out the plans; and monitoring the results of the plans through feedback.
3.A communication plan, on the other hand, deals with the specifics at hand.At its most basic, a communication plan is a written account of an intended future course of action, aimed at achieving a specific goal within a predetermined timeframe.
Answer:
Step 1.
Dr. Account Receivables
Cr Fees Earned
Being correction of error of fees earned wrongly debited to fees earned account
Step 2.
Dr. Account Receivables
Cr Fees Earned
Being Fees Earned on account
Explanation:
The error must have had a double impact on the account. If an amount meant to be credited to revenue account (fees earned) was wrongly debited, then the net effect is twice the amount involved. It is basically removing two instead of adding two to the account which gives a shortfall of four.
Therefore the correction will be in 2 steps:
1. A reversal of the wrong entry
2. The Posting of the right entry
Therefore:
Step 1.
Dr. Account Receivables
Cr Fees Earned
Being correction of error of fees earned wrongly debited to fees earned account
Step 2.
Dr. Account Receivables
Cr Fees Earned
Being Fees Earned on account
Answer:
The two correct options are:
c) Confuse the recipient.
d) Waste time and space.
Explanation:
The two correct options are:
c) Confuse the recipient.
d) Waste time and space.
Empty or vague phrases in business communication can indeed confuse the recipient and waste both time and space, as they do not convey clear information or add value to the message.
Answer:
Comparing prices is a good idea because it increases the bargaining power of the consumer by knowing various prices of a product in the market the consumer is in a good position to negotiate or get a better quality for the product.
Comparing prices also means the buyer is better positioned to get the product on a low and make extra savings from the purchase for other purposes.
Explanation:
Answer: The highest rent I should pay for rent is $896.
In order to answer this question, we need to assume that rent is the only expense I will incur for housing.
Given this assumption, the maximum we need to spend on housing will be 28% of our take home pay.
So, maximum rent will be:
When banks make loans, the money supply increases. Thus, option A is the correct option.
The process of banks making loans has a direct impact on the money supply within an economy. When a bank grants a loan to a borrower, it creates new money in the form of a deposit. This deposit increases the total amount of money available in the economy.
This process, known as the money creation process or fractional reserve banking, is based on the fact that banks are only required to keep a fraction of their deposits as reserves. The remaining fraction can be lent out, effectively creating new money. As borrowers spend the loaned funds, they enter circulation, further increasing the money supply and stimulating economic activity.
Therefore, when banks make loans, they contribute to the expansion of the money supply, supporting economic growth and facilitating transactions in the economy.
Thus, option A is the correct option.
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Probably the correct formation of the question should be:
When banks make loans, the money supply _____.
a. increases
b. decreases
B. Stockholders have no control over the management.
C. Large bank loans become more difficult to obtain.
D. The company faces more government regulations.
The company faces more government regulations is one disadvantage for a company that goes public. Thus, option (d) is correct.
When a firm becomes public, the company has less discretion to take certain actions without board approval and the support of a majority of shareholders.
When promoters drastically diluted their share after going public, this was the worst outcome. A disadvantage of going public is that a lot of the information and financial statistics about the company become public.
Therefore, option (d) is correct.
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