All categories

2 years ago

Type the correct answer in the box. Spell all words correctly.

Business

1 answer:

Ad libitum [116K]2 years ago

6 0

Answer:

Explanation:

Initiation phase is the first phase of a project management where the project is evaluated to know the purposes it has to be done , how it will be done and the resources needed to execute it.

At this stage , Samantha's team has to clarify and justify the project's purposes and feasibility in order to know why it has to be done and also how it will be completed and its purpose achieved.

You might be interested in

Ian would like to save $2,000,000 by the time he retires in 30 years. if he believes that he can achieve a 6% rate of return, ho

klio [65]

The future worth of the periodic payment, in this case, annual, can be calculated through the equation,

FV = P x ((1 + r)^n - 1)/ r))

where FV is the future value, P is the periodic payment, r is the interest rate, and n is the number of years. Substituting the known values,

2,000,000 = P x ((1 + 0.06)^30 - 1)/ 0.06))

The value of P from the equation is $25,297.82

Hence, the answer to this item is the fourth choice.

7 0

2 years ago

Determinant Company is a price-taker and uses a target-pricing approach. Refer to the following information: Production volum

Maru [420]

Answer: good day!

Explanation: you’re awesome

3 0

2 years ago

When Samantha, manager at ABC International, seeks and receives information from both web and industry journals, she is acting a

Brilliant_brown [7]

Answer:

D.monitor.

Explanation:

Samantha was acting as a monitor, when she seek and receives information from both web and industry journal.

Manager has multiple role to perform in the corporates as they need to monitor the information, which goes around their department or unit. Managers play a vital role of receiving the informations about internal and external events before transmiting it to other. Therefore, they need to monitor all source of information from the industry.

One author of management have categories the manager role into three major role:

Interpersonal role
Informational role
Decisional role.

Monitor fall into the sub category of informational role.

3 0

2 years ago

Your real estate development company enters into an oral purchase agreement with the owner of land that contains several barns l

Vitek1552 [10]

Answer:

Explanation:

An agreement becomes a contract that will be enforceable in a court of law only if the vital elements of a contract are present in the said agreement. The Vital elements of a valid contract are as below:-

1) Offer and Acceptance:- There should be an offer that is properly communicated to the offeree. When the person to whom the offer is made signifies his consent, the proposal is said to be accepted. Persons may enter into contracts when they are: face to face; over the telephone or through post office courier service etc. When persons are face to face, one person making the offer and the other accepting, the contract comes into existence immediately. The communication of revocation is complete

-as against the person who makes it:- When the communication of revocation is put into a route of transmission to the person to whom the revocation is made, to be out of the power of the person who makes the revocation.

-as against the person to whom it is made:- When the revocation comes to the awareness of the person to whom it is made.

Conclusively, a contract is an oral or written agreement that could be enforceable by law. However, in case of an agreement; it could be similar but not binding in the perceptions of the law.

When agreement becomes formal and binding, it takes the shape of a contract.

Other essentials shall include:

2) Intention to create a legal relationship

3) Possibility of performance

4) The capacity of the parties to contract

5) Free Consent

6) The legality of object and Consideration

7) Certainty of meaning

8) It is not expressly declared to be void

9) Necessary legal formalities

10) Consideration

Accordingly, if a contract meets the above criteria, it could be said to be legally binding even if it is oral. If my Company has agreed to buy the equipment, it is to be noted that the offer is already accepted and even approved by the other party by writing a ‘Thanking note’ in return. Therefore, the entire agreement is legally enforceable and I do need to perform my part of the deal to avoid any legal complications. My silence to the acknowledgment letter presented by the other party shall also deem that I am willing to purchase that equipment and hence cannot reverse the same until the retraction is accepted by the other party as well. This is the primary essential of any valid contract, as explained above.

8 0

2 years ago

La Femme Accessories Inc. produces women's handbags. The cost of producing 800 handbags is as follows: Direct materials$18,000 D

SSSSS [86.1K]

Answer:

A. Desired Profit = $55,000

B. Product cost = $40

C. The product cost markup percentage = 225%

D. The sale price of handbags = $130 for 1 bag, $104,000 for 800 bags.

Explanation:

Requirement A

Here,

Desired Profit ($) = Invested assets x Desired profit in percentage

Given,

Invested assets = $250,000

Desired profit in percentage = 22%

The amount of desired profit from the production and sale of 800 handbags

= $250,000 x 22%

= $55,000

Requirement B

Product Cost = When the cost is directly related to the production of a specific product, it is called product cost. It means the materials, direct labor, and factory related costs are added to determine the product cost. No selling and administrative expenses are added in calculating product cost.

Given,

Direct materials $18,000

Direct labor $ 8,500

Factory overhead $ 5,500

Total manufacturing cost $32,000

Product cost = $\frac{Total Manufacturing Cost}{Number of bags}$