which of the following is a reason that makes npv a better approach to capital budgeting on a purely theoretical basis? group of answer choices it measures the benefits relative to the relative amount invested. the reinvestment rate assumed by this method is reasonable. financial decision makers are inclined to higher rates of return. interest rates are expressed as annual rates of return.
Answers
One of the primary reasons that makes NPV a better approach to capital budgeting on a purely theoretical basis is that it measures the benefits relative to the relative amount invested. So, the correct answer is it measures the benefits relative to the relative amount invested.
This means that it takes into account the time value of money, which is a crucial factor in determining the feasibility of a financial decision. The NPV method considers the cash inflows and outflows of a project and discounts them to present value using the required rate of return. The difference between the present value of cash inflows and outflows is the net present value, which indicates whether the project is profitable or not.
Another advantage of the NPV method is that it allows financial decision-makers to compare projects with different cash flow patterns, sizes, and life spans. This is because the NPV method expresses cash flows in present value terms, which enables the comparison of cash flows occurring at different points in time.
In contrast, other capital budgeting methods such as the payback period and internal rate of return do not consider the time value of money and can lead to incorrect decisions. For example, the payback period method only considers the time it takes to recover the initial investment and ignores cash flows beyond that point. On the other hand, the internal rate of return method assumes that cash flows are reinvested at the project's internal rate of return, which is often not a realistic assumption.
In conclusion, the NPV method is a better approach to capital budgeting on a theoretical basis because it considers the time value of money and allows for the comparison of projects with different cash flow patterns, sizes, and life spans. By using this method, financial decision-makers can make more informed decisions that are in line with their budgeting and financial objectives.
For more such questions on capital budgeting
https://brainly.com/question/24301148
#SPJ11
Related Questions
Describe how the language and the culture you grew up with, play a role in your communication styles?
Answers
Sites like Kickstarter, GoFundMe, and Causes are all examples of what type of altruism?
Group of answer choices
Crowdfunding
Private foundations
Service Learning
Community Service
Answers
two farmers agree that pigs are worth $\$300$ and that goats are worth $\$210$. when one farmer owes the other money, he pays the debt in pigs or goats, with ``change'' received in the form of goats or pigs as necessary. (for example, a $\$390$ debt could be paid with two pigs, with one goat received in change.) what is the amount of the smallest positive debt that can be resolved in this way?
Answers
Pigs are valued at $300, and goats are valued at $210, according to two farmers. A farmer will trade pigs or goats for money owed to him by another farmer.
Do you trust farmers?
The cultivation of living things for food or raw resources is the work of an agriculturalist. Those that cultivate various field crops, orchards, vineyards, poultry, or other livestock are often referred to by this moniker. In addition to working as a labourer on property that is owned by others, a farmer may also be the land's owner. Despite differences in degrees and ranks, the level of faith in farmers can be shown in every survey. Another piece of proof for this was provided by a recent survey conducted by the American Farm Bureau, which showed that 88% of Americans have faith in farmers.
Know more about money Visit:
https://brainly.com/question/22984856
#SPJ4
Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
Answers
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
Read more about Choreography
brainly.com/question/1384028
#SPJ1
25 points, Why are certain brands global? 3-4 sentences, please.
Answers
Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.
Explanation:
which of the following best describes a deliverable? a tangible or intangible output or outcome that is a unique product, service, or result but does not require production a tangible or intangible output that is any unique product, service, or capability to perform a service that is required to be produced to complete a process, phase, or project an outcome towards which work is directed none of the above
Answers
The statement best describes a deliverable is a service that is required to be produced to complete a process, phase, or project. Thus the correct option is C.
What is deliverable?A technique that utilizes to get results is called a process deliverable, and it includes things like scheduling, documentation, sharing of information, resources, funding, and software.
A conclusion or project objective known as a deliverable can be given to both internal and external clients. It's the final outcome that may be measured in a project plan.
Therefore, option C is appropriate.
Learn more about Deliverables, here:
https://brainly.com/question/13342236
#SPJ4
On 31/12/2019 when checking the cash register in the books of the establishment and comparing it with the statement received from the bank, it turns out that the differences are due to the following reasons:
A-there are cash deposits worth 540 dinars sent to the bank on 30/12 that did not appear in the bank statement.
B-the existence of a bank Commission deducted by the bank from the account of the establishment of the value of 29 dinars that did not appear in the books.
C - there is a check for deposits of 169 dinars, but the accountant recorded it 196 dinars, while the bank recorded it at the correct value.
E-the Bank collected a bill of exchange on behalf of the entity with a nominal value of 850 dinars and added its value to the entity's account after deducting 30 dinars for the expenses of collecting the bill that did not appear in the books .
Required: proof of necessary settlement restrictions.
Answers
Proof of necessary settlement restrictions: the necessary settlement restrictions when checking the cash register in the books of the establishment and comparing it with the statement received from the bank.
A - the cash deposits worth 540 dinars sent to the bank on 30/12 that did not appear in the bank statement.
B - the existence of a bank Commission deducted by the bank from the account of the establishment of the value of 29 dinars that did not appear in the books.
C - the difference of 27 dinars is due to the difference in the recording of check deposits of 169 dinars by the accountant and the bank.
E - the Bank collected a bill of exchange on behalf of the entity with a nominal value of 850 dinars and added its value to the entity's account after deducting 30 dinars for the expenses of collecting the bill that did not appear in the books.
More on settlement: https://brainly.com/question/25483543
#SPJ11
A company offers a renters insurance policy that costs a customer \$60$60dollar sign, 60 per year, and the company will make a payout of \$10{,}000$10,000dollar sign, 10, comma, 000 to the customer if they are victim to theft in that year. The company set this price based on the probability of a theft in the area being 0. 10. 0010, point, 001.
Answers
If a company offers a renters insurance policy that costs a customer the variance of x is 99900 and the standard deviation is 316.0696
Here x takes 2 values with respective probabilities
x p (x)
60 0.999
-9940 0.001
Mean = ∑ x px (x) = 60 x 0.999 + (-0.001 x 9940) = 50
The variance of x = ∑ \(x^{2}\)p(x) - [ ∑xp(x)]²
= 60² x 0.999 + [( - 9940 )² x 0.001 )] - (50)²
Variance of x = 99900
The standard deviation of x = √ variance of x = √99900
The standard deviation of x = 316.0696
To learn more about standard deviation
https://brainly.com/question/23907081
#SPJ4
You learnedthat changes in demand are caused by non-price determinants of demand that can be remembered by the acronym TRIBE. You learned
that changes in supply are caused by non-price determinants of supply that can be remembered by the acronym ROTTEN. List 5 non-price
determinants of either demand or supply that cause changes in the market. To receive credit, you have to indicate whether the non-price determinant
you listed affects demand or supply.
Answers
Some non-price determinants that cause changes in the market are:
Income.Future price expectations.Price of substitute goods.Price of complementary goods.Changes in tastes and preferences.What is a Non-Price Determinant?This refers to the factors that are not related to the price that causes a change in the need for a product which shifts the demand curve.
Hence, we can see that these non-price determinants are important as they have an effect on the demand of a good such as availability of a substitute good, its price, etc.
Read more about non-price determinants here:
https://brainly.com/question/26875049
#SPJ1
Compose two paragraphs that predict the impact this tax cut and increased funding for unemployment insurance will have on the following: the economy as a whole individuals other government programs the government debt Be sure to justify your predictions, use proper grammar, and include topic sentences, an introduction, a conclusion, and information from the video.
Answers
Answer:
Extending the cut to payroll taxes will have a positive impact on the economy as a whole. With the continued decrease in the tax rate, people will have more money to spend more on goods and services. This will encourage businesses to hire more workers and will reduce unemployment. The economy will experience a boost, and recovery will take place. This tax cut will add an extra $40 to the average paycheck. People might use the extra income for rent, groceries, or gas.
Increased funding for unemployment insurance will ensure that eligible unemployed individuals will continue to get unemployment compensation. The extended unemployment compensation will lead to more production in the economy, which will help reduce government debt. An increase in production will lead to an increase in employment and output. When production increases, individuals’ incomes also increase, so the government will collect more income taxes to fund repayment of its debt.
Explanation:
PLATO
Answer:
The tax cut and the increased funding of unemployment insurance will benefit the economy as a whole. As unemployment rise, fewer people are going to have money to buy goods therefore, businesses will have less money to hire workers. This will not be fixed if there weren't any unemployment insurance. With unemployment money, people are going to buy more and the economy will boost. This not only benefits individuals but the economy as a whole. However, this may increase government debt and may have decrease funding to other government programs.
Explanation:
This is not from plato or edmentum. I typed it myself
Conduct a SWOT analysis for IBM’s ""Let’s Put Smart To Work"" initiative. What are the relevant trends to consider?
Answers
Such relevant trends to consider are as follows:
StrengthWeaknessOpportunitiesThreatsStrength - IBM would be strongly responsible for collecting and analyzing information to enhance a firm, organization, city.Weakness - There are no links between the other technologies that are weak throughout the IBM Intelligent Planet program.Opportunities - Throughout the economies such as China, India, as well as Africa, IBM attempts to take over.Threats - IBM will face the change from natural resource companies to more customized companies.Learn more about SWOT analysis here:
https://brainly.com/question/14576456
SWOT analysis helps organization to identify their strengths and grow their business by availing the opportunities.
IBM is International Business Machine which is an American technology organization having head quarter in New York.
The SWOT analysis is give below :
Strength : The company have expertise in designing intelligent computers which enable the users to run different business applications.
Weakness : The company has not worked for compatibility and they have not designed laptops which are more easy to carry and handle than the desktop computers.
Opportunity : By using economies of scale technique the company can grow its business to different parts of the world and can gain from International market.
Threats : There can be cyber crime or hacking of intelligence programs which are designed at IBM. There is need for strict cyber controls in the organization.
Learn more at https://brainly.com/question/24535935
Why do you think it is important to understand GDP?
Answers
Your first paragraph should..
o Identify the thing or concept of the model of the market you have found most difficult to master/understand
о Now explain to your classmates why you had difficulty with this concept
Answers
Your first paragraph should Identify the thing or concept of the model of the market you have found most difficult to master/understand. Option A is the correct answer.
An essay's opening paragraph is known as the first paragraph. It occurs right at the start of the essay to explain the subject, give background information, express the thesis, and give the reader a direction for the paper. Option A is the correct answer.
The focus of this question is mainly on your personal knowledge or comprehension of any market idea or model that you have studied but originally found difficult to grasp. The opening paragraph establishes the theme of your essay. It sets the tone for the entire work because it is the first thing the reader notices. It offers you room to draw the reader in and explain what you will be writing about.
Learn more about Essay here:
https://brainly.com/question/11606608
#SPJ4
The complete question is, "Your first paragraph should
A. Identify the thing or concept of the model of the market you have found most difficult to master/understand.
B. Now explain to your classmates why you had difficulty with this concept"
How has private enterprise strengthened the united states economy?
Answers
Answer:
to generate prosperity and produce goods and services that meet people's needs and improve their lives.
Explanation:
Because businesses cannot outgrow the economy of their communities
. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answers
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
What would CRM software help you
do?
Answers
CRM software can help you in the following ways.
They can help in streamlining deals and marketing efforts, manage client connections, and see to client satisfaction.Also, the capability to track client relations and data can help businesses optimize their operations and identify areas for improvement.What is CRM software?CRM software or Customer Relationship Management software is an important tool which was created to help businesses manage their relations with customers and potential customers.
It allows businesses to store client data like contact information, purchase history, and communication preferences, all in one centralized location.
This data gotten from the software can be analyzed and used to perceive how a customer behaves, his preferences, and needs.
Thus, a CRM tool can help businesses cultivate strong relations with their customers and drive long- term growth.
Learn more about CRM software at brainly.com/question/23823339
#SPJ1
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11
Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answers
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
Part A Include an equals approach in each the CreditCard and DebitCard lessons to examine gadgets.
Part B - Wallet magnificence Write a category referred to as Wallet to save statistics approximately the present day country of a pockets. A pockets has special cubicles for the greenback payments, free alternate, credit score / debit playing cards and ID playing cards.
Data Members have to include: • Amount of coins - preserve song of fee of greenback payments and fee of alternate separately. • Array of ChargeCards – it may include each CreditCards and DebitCards. • Array of ID playing cards – this will be definitely an array of Strings. It’s as much as you the way to save this statistics.
Methods have to include: • at the least constructors • accessor, mutator methods • TotalCashOnHand - overall fee of greenback payments and alternate • TotalCanSpend - consists of each coins and quantity that may be spent on credit score / debit playing cards. • a technique that tells you what number of ID Cards are withinside the pockets • a technique that tells you what number of credit score / debit playing cards are withinside the pockets • a technique that helps you to upload a credit score / debit card to the set • a technique to append an ID card to the set • toString approach - have to delegate to CreditCard magnificence to print statistics approximately every credit score card and DebitCard magnificence to print statistics approximately every debit card.
Remember to preserve the layout paradigms of records hiding and encapsulation in thoughts as a whole lot as feasible. Delegate responsibilities to the factor lessons (of ChargeCard, DebitCard, CreditCard) every time you can.
Perform enter validation as appropriate.
Part C - Menu Driven Program Write a menu-pushed application that lets in the person to have interaction with a unmarried Wallet object.
1. Print all statistics approximately Wallet. [This should call the toString method of the Wallet class.]
2. Add a Credit Card. [Prompt the user for information about the Credit Card]
3. Add a Debit Card. [Prompt the user for information about the Debit Card.]
4. Add an ID Card. [Prompt the user for information about the ID card.]
5. Add Cash. [Prompt the user for the value of additional coins or dollar bills.]
6. Make a purchase. [Should ask for purchase amount. Then let the user choose whether to pay with cash or charge card. If cash, make sure there is sufficient cash in the wallet to cover the purchase, and then deduct accordingly. If charge card, there should be a submenu in which the user chooses a card from the list to use. Then the system should check that the card can be used for that purchase, i.e., that there are sufficient funds available on that card, and actually process the purchase on the selected ChargeCard.]
Part D Use an ArrayList to save the units of ChargeCards and ID playing cards withinside the Wallet. Incorporate those adjustments to your menu-pushed application in order that the person can save an infinite wide variety of playing cards withinside the Wallet.
Part E The debit and credit score playing cards have to put into effect the Comparable interface. This manner the listing of playing cards may be looked after earlier than they're exhibited to the person. You can use the Collections.type approach to type an ArrayList.
It is as much as you to determine how the gadgets have to be compared. The fields that appear significant for ordering gadgets are ID wide variety and present day balance. It is as much as you to determine whether or not the interface have to be applied withinside the ChargeCard magnificence or in every of the subclasses.
Extra credit score: 1. Add extra capability in your primary application in order that the person can get rid of an ID card or debit / credit score card from the Wallet. Let the person choose the cardboard he would really like to get rid of. This is feasible given that they're saved in ArrayLists and an ArrayList can develop and reduce as necessary.
2. Design a GiftCard magnificence that still extends ChargeCard and combine it withinside the Wallet magnificence. Gift playing cards come preloaded with a selected sum of money and the person can by no means spend greater than that predetermined quantity.
Answers
The task requires implementing classes and methods related to a wallet, including storing information about cash, credit/debit cards, and ID cards.
To complete the task, you need to implement several classes, including Wallet, Credit Card, Debit Card, and ID Card. The Wallet class will have data members such as the amount of cash, arrays of Charge Cards and ID cards, and methods for calculating total cash on hand, total spendable amount, and adding cards. The menu-driven program will allow users to interact with a Wallet object by selecting various options. The program should display wallet information, add credit/debit cards, add ID cards, add cash, and make purchases. Additional functionality, such as removing cards and implementing a Gift Card class, can be implemented for extra credit.
Learn more about credit/debit cards here:
https://brainly.com/question/14368281
#SPJ11
which leadership approach asserts that leadership behavior varies across a wide number of leadership styles, ranging from take-no-responsibility leadership to transformational leadership?
Answers
The leadership approach that asserts that leadership behavior varies across a wide variety of leadership styles, ranging from unaccountable leadership to transformational leadership is the Full Range Leadership Model.
What is the Full Range Leadership Model?The full range model of leadership (FRLM) is a term to refer to a general theory of leadership that focuses on the behavior of the individual (leader) in different situations.
This theory proposes three main types of leadership that are:
Laissez-faire: This type of leadership is characterized by the fact that the leader takes a more passive role towards the other members of the group and allows them to act more freelyTransactional leadership: This type of leadership is characterized by the leader of a group offering rewards or punishments for the group to function properly.Transformational leadership: This type of leadership is characterized by the fact that the leader sets long-term goals that require greater commitment and trust towards employees.Learn more about leadership in: https://brainly.com/question/14365384
#SPJ1
giving brainliest!!!✅✅✅
Sunscreen and beach towels are complementary goods. If the price of sunscreen increases, ceteris paribus,
A the income of consumers will decrease
B the quantity demanded of beach towels will increase for every glassible price
C the income of consumers will increase
D the quantity demanded of beach towels will decrease for every possible price
Answers
Answer:
the income of consumers will increase
In the case of the complementary goods, if the price of the sunscreen rises so the quantity demanded of beach towels should be reduced.
The following information should be considered:
The complementary goods are those goods that are used together. Like pen & paper, etc.For this good, it has an inverse relationship between the price and the quantity demanded. It means that if the price is increased so the quantity demanded should be reduced.Therefore, we can conclude that the option d is correct.
Learn more about the price here: brainly.com/question/19091385
A business owned by only one person is called a____
A - corporation
B - sole proprietorship
C - partnership
D - limited liability company
Answers
B - sole proprietorship
Why is growing the number of users such an important metric for
social media companies? How does Metcalfe’s Law relate to the
profitability of social media companies? Please write in detail
Answers
Growing the number of users is essential for social media companies because it amplifies the value and profitability of their platforms through network effects.
Growing the number of users is a crucial metric for social media companies due to its direct impact on their profitability and success. Social media platforms thrive on network effects, where the value of the platform increases with the number of users. As more users join a social media platform, there are more connections, interactions, and content shared, creating a vibrant and engaging environment. This attracts even more users, leading to a positive feedback loop of growth and increased user engagement.
Metcalfe's Law states that the value of a network is proportional to the square of the number of its users. In the context of social media companies, this means that as the user base expands, the network becomes more valuable and profitable. More users generate more content, interactions, and data, which can be monetized through advertising, partnerships, and other revenue streams. Advertisers are attracted to social media platforms with a large user base as it offers a wider reach and better targeting opportunities.
Additionally, a larger user base allows social media companies to gather more data about user preferences, behaviors, and trends. This data can be leveraged to enhance user experiences, personalize content, and improve ad targeting, ultimately driving higher user engagement.
Learn more about social media here:
brainly.com/question/27524067
#SPJ11
Case 10: Fenghua's Organizational Structure Change
Casp?.
Fenghua Property Services Co. Ltd. (hereinafter referred to as "Fenghua") was established in
Guangzhou in August 1991 as a private enterprise invested by natural persons. Fenghua engages
in property services for office, government logistics, urban complex, commercial plaza, and
residential buildings, public transportation system services, urban integrated services, public
utility services, road cleaning, etc. In recent years, Fenghua began to operate nationwide and has
expanded its market territory to 39 cities in 20 provinces with an annual revenue growth of 28%.
The company's fast growth was good, but Mr. Bai, the legal representative and chief executive
officer of Fenghua, was worried that despite many directions to go with, the company didn't have
distinctive specialties and lacked competence. As its scale increased and businesses varied, the
original organizational structure could not meet the needs of a fast-growing company. Then
Fenghua decided to be a city service provider at the end of 2018. The company management had
various opinions on the organizational change adapting to the new role and some of them were
even completely opposite. Mr. Bai was hesitant to make up his mind.
1. To specialize or regionalize?
Mr. Bai recalled that Fenghua has always kept sensitive and flexible to the external environment
for over 30 years of development. At the outset, the company mainly engaged in the property
management of old residential properties and later positioned itself as hotel-style property
management. When real estate developers from other cities rushed to the rising market in
Guangzhou, Bai began to develop Fenghua's business in commercial office and started a major
transformation from "residential property service provider" to "office building service provider"
The latter soon became Fenghua's main business, but an oversupply of office buildings,
difficulties in recovering service fees and other emerging problems pushed a second
transformation from "office building service provider" to "city service provider". The city services
mainly for government buildings and public properties has become a major business as its
proportion increases year by year.
Fenghua's management model gives priority to independent development of each regional branch,
combined with the coordination of functional departments and the performance assessment and
management of branches and subsidiaries by the head office (see Figure1)
Mr. Zhao is the Chairman of Fenghua Property Services Co., Ltd, and the second largest
shareholder. "This is dilemma. There is only one specialized parking management while the rest
are regional branch companies. It is difficult to share resources with specialized development. If
we let specialized companies to work on something like bidding projects outside a province, one
city will have several companies get involved, which causes a great waste of manpower. In
contrast, our regional development people are very familiar with their local markets." said Zhao.
Mr. Wang then said, "Our company has always encouraged regional branches to actively expand
the market. Personal income is closely related to the total number of projects taken, which easily
results in cliques where talent rotation cannot be promoted. The establishment of specialized
subsidiaries allows independent business accounting, and makes it clear for resources input. We
don't have a regional branch that fully focuses on one speciality. As a result, one project can be
managed very differently between branches. Competition advantages on specialized service are to
be improved urgently. We also have high-cost business with low profit and the difficulty in
developing value-added business. This requires us to dig into specialized research on multi-mode
business."
Answers
It combined with the coordination of functional departments and the performance assessment and management of branches and subsidiaries by the head office. Mr. Zhao, the Chairman of Fenghua Property Services Co., Ltd, and the second-largest shareholder, is of the view that there is only one specialized parking management while the rest are regional branch companies.
Fenghua Property Services Co. Ltd. has had a remarkable history of development, and their organizational structure changed with time. Initially, Fenghua Property Services Co. Ltd was established as a private enterprise invested by natural persons in Guangzhou in August 1991. Over the years, the company expanded its market territory and now operates in 39 cities in 20 provinces. However, as the business grew and diversified, the company's original organizational structure could not keep up with the pace of growth.In response to this issue, Fenghua decided to be a city service provider by the end of 2018. However, the company management had different views on the organizational change that will be required to adapt to the new role. Some of them were even completely opposite. Mr. Bai, the legal representative and CEO of Fenghua, was hesitant to make up his mind. Fenghua's management model gives priority to the independent development of each regional branch. It combined with the coordination of functional departments and the performance assessment and management of branches and subsidiaries by the head office. Mr. Zhao, the Chairman of Fenghua Property Services Co., Ltd, and the second-largest shareholder, is of the view that there is only one specialized parking management while the rest are regional branch companies. Therefore, it is difficult to share resources with specialized development. In contrast, Mr. Wang, another executive, believes that the establishment of specialized subsidiaries allows independent business accounting and makes it clear for resource input. Wang is of the view that the competition advantages on specialized services need to be improved urgently. Additionally, the company has a high-cost business with low profit and the difficulty in developing value-added business. Therefore, the company needs to delve into specialized research on multi-mode business.
To know more about Mr. Zhao visit:
https://brainly.com/question/8536180
#SPJ11
Financial literacy includes information about income, banking, loans, and credit cards.
True
False
Answers
An example of an income payment is wages. These are paid in exchange for A) government handouts B)goods and services C) products D) 4 factors of production
Answers
An example of an income payment is wages. These are paid in exchange for goods and services. Thus, option (b) is correct.
What is services?The term “services” refers to repairing the items and the object. The services are provided by someone who is an expert at repairing the items in exchange for the money. The service was also referred to as the men and women who worked in the offices, as the authority is called the service class.
According to the income payment, was on the describe are the wages. There was on the exchange was the goods and the services. The households are to earn the money was to spend the income of the purchased the goods and the services. The business are to spend the income on the production of the goods and the services.
As a result, the example of an income payment is wages. These are paid in exchange for goods and services. Therefore, option (b) is correct.
Learn more about on services, here:
https://brainly.com/question/12096912
#SPJ6
If you see a mistake on your credit report, who should you contact? how should you contact them?.
Answers
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
To read about credit report refer:
https://brainly.com/question/1618296
#SPJ4
Fill in the blank: Measuring your website’s authority comes down to assessing the volume and quality of the ____________.
Answers
The measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks
Simply put, a backlink refers to series of link from one website which leads to another website.
The number and quality of a website's backlink tells about the quality of the website.
Hence, the measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks
Read more about backlinks
brainly.com/question/14364287
which form determines how much federal income tax is withheld from your paycheck?
Answers
Complete Form W-4 to help your employer withhold the correct federal income tax from your paycheck. Consider completing a new Form W-4 each year and each time your personal or financial circumstances change.
When you get a new job, your employer will ask you to complete Form W-4, the employee's tax withholding certificate. How you fill out this form determines how much tax your employer will deduct from your paycheck. Your employer will send the money deducted from your paycheck to the Internal Revenue Service (IRS) along with your name and social security number for reference.
Withholding tax is deducted against your annual income tax bill, which you calculate when you file your tax return in April. The employee completes the W-4 form to notify the employer of the amount of tax to be withheld from payroll based on filing status, dependents, expected tax credits, and deductions.
Any errors in completing the form may result in tax charges when you file your tax return. The IRS has simplified his form for 2020.
An employee can change her tax withholding at any time by submitting her new W-4 to her employer. Each new employer requires a new her W-4 to be completed.
Know more about income tax here:
https://brainly.com/question/17075354
#SPJ4