Answer:
Marketing Intermediaries
Explanation:
Marketing Intermediaries work as a thoroughput between operations that produce goods and operations who use those goods.
A static budget is<u> based on a range of activities</u>.
<h3>
What is static budget?</h3>
- An example of a budget that includes predicted values for inputs and outputs that are thought of before the period in question begins is a static budget.
- Even with changes in sales and production quantities, a static budget, which is a projection of revenues and expenses for a given period, stays the same.
- The figures from static budgets can, however, be very different from the real results as compared to those that are discovered after the fact.
- Accountants, finance experts, and management teams of businesses utilize static budgets to assess the financial success of a company over time.
- The static budget is meant to be constant throughout the time period, independent of changes that might have an impact on results.
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Answer:
Total asset turnover is 1.035.
Explanation:
The total assets that the company had = $932000
Gross sales = $1097000
Net sales = $965000
The total asset turnover can be determined by dividing the net sales with average total assets. Here, the average total assets are $932000 and net sales is $965,000.
Total asset turnover = net sales / average total assets
= 965000 / 932000
=1.035
<h2>stock prices should respond only to unexpected news and events.</h2>
Explanation:
Let us understand the term "financial market":
Here where the trading places. We talk about shares, debentures, etc.
So when the financial markets are efficient, the market is ready with the information which has been incorporated in to the prices of the product. So with respect to the market value the stock price will change or respond only during the unexpected news and events.
It will not increase or decrease based on the new events. It will not remain constant too all times.
Answer:
executive level (or strategic level)
Explanation:
An organizations has different levels, generally they are classified as:
- operational levels: sales clerks, customer service, etc. Involves routine day to day processes and business activities, most of the activities are repetitive.
- managerial or tactical levels: functional managers, e.g. sales manager, production, accounting, etc. They focus on monitoring and controlling operational level and provide information to executive levels.
- executive or strategic levels: CEO, CFO; COO, CIO, President, the board of directors, etc. They decide on the long term strategies that the company will follow