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liberstina [14]
2 years ago
13

During a management meeting, Lester, the CEO of Elite Office Equipment, reminded his management team of where the company wants

to go as an organization: "Elite Office Equipment is the expert that customers should always call regarding all their office equipment needs because we strive to understand customer needs and provide the right answers for them." This statement is Top Office Equipment's _______.
Business
1 answer:
REY [17]2 years ago
7 0

Answer: Vision statement

Explanation:

Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.

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The text identifies three methods for estimating the cost of common stock from retained earnings: the CAPM method, the DCF metho
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A. True

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The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses i
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2 years ago
Which statement best describes one way businesses participate in the
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C. Businesses create goods for product markets to sell.

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2 years ago
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Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were exist325,000 and its yea
Alborosie

Answer:

By how much are customers paying early or late?

  • B) 22.38

Explanation:

Days sales outstanding (DSO) represents the average number of many days it takes a business to collect its accounts receivables.

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8 0
2 years ago
In spring 2014, Parmac Engineering Company signed a $160 million contract with the city of Parkersburg, to construct a new city
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c. $64 million

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= Contract price × percentage

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= $64 million

8 0
2 years ago
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