Chapter 20, Problem 4BTN

Question: Consider yourself an owner/manager of a food franchise business. In what situation or circumstances, capital budgeting tools might help you? Elaborate your answer.   Requirement: Answer correctly and should be in 4 paragraphs.

"Train your customers", as discussed in the Budgeting module, refers to training customers on how to properly use products that the company sells. Group of answer choices True False

how could MIN() and MAX()In excell benefit a small business?  Create an example where knowing such value may help a manager make a smart business decision.

The CEO and his top managers have asked themselves two important​ questions: a. do customers value what the company is​ providing; and b. can the company make money doing​ that? This group is developing a​ ________.   A. business model   B. BCG matrix   C. competitive advantage   D. strategy

you as the business manager need to be able to determine larger sources of funding by creating a financial plan to help reduce duplication of resources, identify requirements and risks, and determine various financing options, completing this planning is an important step for all businesses to take if they want to succeed. Larger companies may delegate this process to financial managers, finacial analysts or operations managers.

Business success is tied to effectively managed strategies. Using the Internet, study Starbucks’ current performance. Based on the analysis, do you judge Starbucks to be a success? Why or why not?

Indicate in the following chart the most likely source of information for each business decision. Use M for managerial accounting information and F for financial accounting information. Business Decision 1. Determine whether to lend to a company 2. Evaluate a purchasing department’s performance 3. Report financial performance to board of directors . 4. Estimate product cost for a new line of shoes 5. Plan the budget for next quarter . 6. Measure profitability of an individual store 7. Prepare financial reports according to GAAP . 8. Determine location and size for a new plant

An example of a company guided by enlightened self-interest is one that Multiple Choice invests in long-term programs that provide assistance to their stakeholders. puts most of their effort into marketing schemes to attract more business. follows all government rules and regulations to avoid penalties and fines. spends money on short-term projects to benefit market stakeholders.

Rahul is an intern at a retail store. Store accountant is trying to talk the owner and is trying to convince him to purchase an integrated enterprise system (IES) for small businesses. The owner thinks the accountant is just trying find a way to charge more service fee. On what basis would Rahul convince the owner that each piece of the integrated enterprise system would help the business?