All categories

2 years ago

Atman sets the goal for his sales team to increase revenue by 40%. Which main function of a manager does this demonstrate?

Business

1 answer:

BARSIC [14]2 years ago

3 0

Answer:

Planning

Explanation:

Planning is one of the major functions of a manager. The others are organizing, leading, and controlling.

Planning involves setting an organization's goals and objectives and putting in measures to achieve them. A manager must select the best option for achieving the set goals. Planning will include allocating human and other resources in areas they are best suited and setting timelines for completing critical tasks. The planning role requires managers to delegate responsibilities, set priorities, and check on progress to ensure the organization is on track in meeting its goals.

You might be interested in

Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): othe

balu736 [363]

Answer:

NIKE, INC.

Partial Balance Sheet as of May 31, 2022

(in millions)

Property, Plant and Equipment

Land $220.0

Buildings $980.0

Machinery and Equipment $2160.0

Other Plant Assets $935.0

Less: Accumulated Depreciation $2200.0 $1875.0

Total Property, Plant and Equipment $2095.0

Intangible Assets:

Goodwill $210.0

Patents and Trademarks $510.0

Less: Accumulated Amortization $50.0 $460.0

Total Intangible Assets $670.0

3 0

2 years ago

Mullin, inc, purchases supplies such as paper, and seat covers directly from manufacturers and then sells them to other firms. m

scoundrel [369]

Mullin, inc, purchases supplies such as paper, and seat covers directly from manufacturers and then sells them to other firms. mullin, inc. is a (n) wholesaler.
Distribution of goods or things to specific customer types is wholesaling. Wholesaler is a person, company or firm who buys from various producers, a large quantity of goods and then resells to retailers. There are also some types of wholesalers.

8 0

2 years ago

Suppose a new technology makes it possible to perfectly predict the weather on your computer. As a result, there isn't as much o

Zinaida [17]

Answer:

demand of

Fall

decrease

Explanation:

Here are the options to this question:

1.expect the (supply of/ demand of )

2.forecasters to (increase/ decrease)

3. weather forecasters to (decrease/ increase)

The new technology would reduce the need for weather forecasters. So t.v. stations and radios would no longer employ weather forecasters and might even lay off some forecasters. So the demand for forecasters would fall.

Due to the reduced demand for forecasters, there would be a large number of unemployed forecasters with no one willing to employ them. This would lead them to a reduction in their salary. When supply exceeds demand, prices fall.

I hope my answer helps you

6 0

3 years ago

What percentage of full-time undergraduate students receive some type of financial aid?

BlackZzzverrR [31]

Answer:

It depends upon the Law prevailing in your country/state

Explanation:

7 0

2 years ago

When a company sells multiple products, an increase in total sales always results in an increase in total profits.

nevsk [136]

Hindsight is a wonderful thing in any business, or in life in general. We could make the best business decisions and maximise earnings if we had access to a crystal ball that could tell us exactly how many people would buy our goods.

<h3>What Is Cost-Volume-Profit (CVP) Analysis?</h3>

An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.

Companies can utilise CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).

CVP analysis makes a number of presumptions, among them the constancy of the sales price, fixed costs, and variable costs per unit.

Learn more about Cost-Volume-Profit refer:

brainly.com/question/26711135

#SPJ4

5 0

1 year ago