There are different kinds of businesses. In a franchise system. an individual or firm contracts with a parent company to set up a business or retail outlet.
Franchising is simply known to be a type of contractual system. It is often used to commercialize products, services or technology.
There are five major types of franchises. They are: job franchise, product franchise, business format franchise, investment franchise and conversion franchise.
A franchise (or franchising) is simply known as a process of sharing products or services involving a franchisor, who establishes the trademark of the brand of a business system, and a franchisee, who is responsible for paying a royalty under the franchisor's name and system.
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Planned sales for June this year are $120,000. Last year, the actual sales for June were $110,000. Determine the planned percent increase in sales for the month.
Given that the planned sales for June this year are $120,000 and that last year's actual sales for the month of June were $110,000, there is a 9.09% increase in sales for the month.
The actual increase in sales is $10,000 ($120,000 - $110,000) or ($110,000 x 1.0909 - $110,000)
Data and Calculations:
Planned sales for June, this year = $120,000
Actual sales for June,last year = $110,000
Planned percent increase in sales for June = 9.09% ($10,000/$110,000 x 100)
Thus, the planned percentage increase in sales for the month is 9.09%.
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True or False: Some nonactivists believe in a predetermined-money growth rate, which suggests that the monetary authorities should target the proper federal funds rate before implementing monetary policies. False
What type of person-fit in the workplace is related to the fit between the wants and needs of an individual and the characteristics of their job
A Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job
A person-job fit refers to the compatibility between an individual and the job that they perform based on the employee needs.
In other word, the Person–job fit refers to the the degree of alignment between the individual (employees) and the job/task he is performing.Hence, the Person-job fit is the type of person-fit related to the fit between the wants/needs of an individual and the characteristics of their job
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Can anybody help explain how to address issues that hamper individuals performance.
Answer:
Not every employee performance review that comes in will be positive. Targets will be missed, employees will underperform and as a people manager, you’ll need to find a way to either improve the situation or part ways with the employee.
When it comes to the challenging task of addressing employee performance issues, the key is to focus on potential solutions, rather than problems. Here’s how.
It’s difficult to talk about poor performance with employees, but avoiding the problem will only prolong the tough discussion. Be specific and state the problem clearly so that your employee understands what’s going on. Encouraging words are okay to share, but the employee needs to walk away knowing what the problem was and how to improve.
When it comes to improving employee performance, it is worthwhile to customize your approach. You may have to deal with each employee differently to get the same results. Know what motivates your employees, when to step in softly, and when to simply be direct.
Sometimes employees are fully aware of their performance issues but are unable to improve the situation on their own. It’s important to listen to an employee’s concerns during the performance review.
Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the ____________________ stage of team development.
a. storming
b. preforming
c. forming
d. norming
Answer:
d. norming
Explanation:
Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the _______norming______ stage of team development.
Answer:
Lolita's habitual actions were developed during the norming stage of team development.
Explanation:
d. norming
Rico Petricelli Industries invests $960,000 in plant assets with an estimated 10-year service life and no salvage value. These assets contribute $64,000 to annual net income when depreciation is computed on a straight-line basis. Compute the payback period and explain your computation.
The payback period for this Rico Petricelli Industries' investment is 6 years.
Data and Calculations:
Cost of investment in plant assets =$960,000
Estimated useful life = 10 years
Estimated salvage value = $0
Annual depreciation = $96,000 ($960,000/10)
Annual net income = $64,000
Annual cash net inflow = $160,000 ($64,000 + $96,000)
Payback period = 6 years ($960,000/$160,000)
Thus, to compute the payback period as 6 years, add the annual depreciation to the annual net income to obtain the annual cash net inflow. Then divide the cash outlay ($960,000) by the product above.
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A stock is currently selling for $80 per share. You could purchase a call with a strike price of $76 for $9. You could purchase a put with a strike price of $76 for $3. Calculate the intrinsic value of the call option.
Answer:
76
Explanation:
ther cell is god
__________ is any proprietary software licensed under exclusive legal right of the copyright holder.
Answer:
Closed Source
Explanation:
Closed source is any proprietary software licensed under exclusive legal right of the copyright holder.
SUPPORT NUMBER -1-833.983-2639 | HELP ☎
Explanation:
what help??
what help ??
One form of long-term team that is increasingly being used, especially in lean production settings, is: quality circle. product design. self-directed. self-improvement. mandatory.
The long-term team that can be attributed to settings especially lean production settings is self-directed.
A self-directed team can be regarded as individuals that comes together in an organization, and they have various talents as well as abilities to work toward a common goal.
In this settings there might not be a standard administrative oversight and this is what is common in lean production settings.
Therefore, option C is correct.
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A vegetable vendor sells carrots he sold 50% of the carrots he had in the morning of the remaining 75% was sold in everything and he still was left with 16.25 kg with him at the of the day what was the quality of carrots after a day
Answer:
65 kilograms of carrots
Service providers like cable companies have tiered pricing and also charge their customers according to a schedule of fees. Sometimes customers are able to negotiate for a lower price by getting fees or service charges waived for a certain amount of time if they contact customer service and threaten to cancel their service. The flexibility on the part of service providers is an attempt to practice:_________
The flexibility on the part of service providers is an attempt to practice Perfect Price discrimination.
A Price discrimination is a pricing strategy that tends to charges consumers different prices for similar goods or services.
Here, because of the customer negotiate for a lower price with threat to cancel the service if not agreed encourages price discrimination because the firm will not want to lose customer.
Therefore, the flexibility on the part of service providers is an attempt to practice Perfect Price discrimination.
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Which of the following is NOT considered to be one of the main revenue centers at most financial institutions?
Review Later
Wealth management
Capital markets & Investment banking
Digital marketing
Commercial banking
Answer:
money and credit markets,investments,financial management
Explanation:
Finance consists of three interrelated areas: (1) money and credit markets, which deals with the securities markets and financial institutions; (2) investments, which focuses on the decisions made by both individuals and institutional investors; and (3) financial management, which involves decisions made within the ...
The type of leadership most appropriate when major changes are needed in an organization would be: Group of answer choices transactional transformational path-goal managerial grid task-centered
The name which is given to the type of leadership which is most appropriate when major changes are needed in an organization would be transformational leadership.
According to the given question, we are asked to state the type of leadership which would be best suited when there is a need to effect major changes in an organization.
As a result of this, we can see that the name of this type of leadership is the transformational leadership as the leader pushes the workers to go beyond their self interests to see a change.
The other options are not appropriate for major changes as they are more concerned with the satisfaction of the workers rather than getting major changes.
Therefore, the correct answer is option A
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how do VIP membership card works in a resort or hotel what will happen if you have VIP membership card?
On Apr. 1, you, the business owner donated the following assets to Eat Your Life Away: cash,
$20,000; accounts receivable, $14,700; food supplies, $3,300; and Kitchen Utensils, $12,000.
There were no liabilities received. On the same day, you paid three months’ rent on a lease rental
contract, $6,000. The following day, you paid the premiums on property and casualty insurance
policies, $4,200.
On April 4, you received $9,400 cash from BTL who had contracted you to supply food for its
50 employees for the month of April. As a result of this BTL contract, you purchased on the
following day additional restaurant office equipment on account from Angelus Press for $8,000.
On April 6, you received $11,700 cash from customers who were owing you from Stann Creek
on account. Because of the competition in the City amongst restaurant owners, on April 10, you
paid Amandala Newspapers $350 cash for a newspaper advertisement to announce your presence
in the city. On April 12, having received the money from your debtors in Stann Creek, you
decided to pay Angelus Press $6,400 for part of the debt incurred on April 5. On the same day,
you provided food worth $21,900 to a major political party having a convention on account for
the period April 1–12. Because of the bi-monthly payment agreement with your cook, you paid
her salary for two weeks of $1,650.
On April 17, you received cash from cash customers for foods sold during the period April 1–16,
$6,600 and you paid cash for food supplies, $725 the following day. Having established that the
political party is trustworthy, you provided additional foods on account for another rally held at
the Bliss Center for the period April 13–20, $16,800.
On April 24, you received cash from cash customers for food sold for the period April 17–24,
$4,450. On April 26, you received cash from the political party who bought food on account,
$26,500. Being another two-weeks period, you paid your cook’s two weeks’ salary of $1,650 on
April 27. You paid your telephone bill of $540 for the month of April on April 29 and BEL bill
of $760 the following day.
On the last day of the month, you received cash of $5,160 from cash customers for food sold for
the period April 25–30, supplied food on account to BTL & Digicel staff on account for the
remainder of April, $2,590. Because you had to pay for personal expenses, you withdrew
$18,000 for personal use.
Instructions
The Belize Income Tax Department wishes to conduct an audit of small businesses in Belize
and “Eat Your Life Away” was selected as one of the businesses the Tax Department
wishes to audit. Hence, it wants you to provide the following:
1. All the journal entries that you made during the month using a two-column journal and would
like you to use the following charts of accounts:
Cash Capital Accounts Receivable
Drawing Food Supplies Sales Revenue
Prepaid Rent Salary Expense Prepaid Insurance
Food Supplies Expense Kitchen Utensils Rent Expense
Accumulated Depreciation-Kitchen Utensils Depreciation Expense
Accounts Payable Insurance Expense Salaries Payable
Miscellaneous Expense Unearned Revenues
2. Post the journal to a ledger accounts.
3. Prepare an unadjusted trial balance.
Eat Your Life Away will prepare the following journal entries, post them to the ledger, and extract an unadjusted trial balance as follows:
1. Journal Entries:
Apr. 1 Debit Cash $20,000
Debit Accounts receivable $14,700
Debit Food supplies $3,300
Debit Kitchen Utensils $12,000
Credit Capital $50,000
Apr. 2 Debit Prepaid Rent $6,000
Credit Cash $6,000
Apr. 3 Debit Prepaid Insurance $4,200
Credit Cash $4,200
Apr. 4 Debit Cash $9,400
Credit Unearned Revenue $9,400
Apr. 5 Debit Kitchen Utensils $8,000
Credit Accounts Payable $8,000
Apr. 6 Debit Cash $11,700
Credit Accounts receivable $11,700
Apr. 10 Debit Advertising Expense $350
Credit Cash $350
Apr. 12 Debit Accounts Payable $6,400
Credit Cash $6,400
Apr. 12 Debit Accounts Receivable $21,900
Credit Sales Revenue $21,900
Apr. 12 Debit Salary Expense $1,650
Credit Cash $1,650
Apr. 17 Debit Cash $6,600
Credit Sales Revenue $6,600
Apr. 18 Debit Food Supplies $725
Credit Cash $725
Apr. 20 Debit Accounts Receivable $16,800
Credit Sales Revenue $16,800
Apr. 24 Debit Cash $4,450
Credit Sales Revenue $4,450
Apr. 26 Debit Cash $26,500
Credit Accounts Receivable $26,500
Apr. 27 Debit Salary Expense $1,650
Credit Cash $1,650
Apr. 28 Debit Miscellaneous Expense $540
Credit Cash $540
Apr. 29 Debit Miscellaneous Expense $760
Credit Cash $760
Apr. 30 Debit Cash $5,160
Credit Sales Revenue $5,160
Apr. 30 Debit Unearned Revenue $2,590
Credit Sales Revenue $2,590
Apr. 30 Debit Drawings $18,000
Credit Cash $18,000
2. Ledgers Accounts:
Cash
Date Account Titles Debit Credit
Apr. 1 Capital $20,000
Apr. 2 Prepaid Rent $6,000
Apr. 3 Prepaid Insurance $4,200
Apr. 4 Unearned Revenue $9,400
Apr. 6 Accounts receivable $11,700
Apr. 10 Advertising Expense $350
Apr. 12 Accounts Payable $6,400
Apr. 12 Salary Expense $1,650
Apr. 17 Sales Revenue $6,600
Apr. 18 Food Supplies $725
Apr. 24 Sales Revenue $4,450
Apr. 26 Accounts Receiv. $26,500
Apr. 27 Salary Expense $1,650
Apr. 28 Miscellaneous Expense $540
Apr. 29 Miscellaneous Expense $760
Apr. 30 Sales Revenue $5,160
Apr. 30 Drawings $18,000
Apr. 30 Balance $43,535
Totals $83,810 $83,810
Capital
Date Account Titles Debit Credit
Apr. 1 Cash $20,000
Apr. 1 Accounts receivable $14,700
Apr. 1 Food supplies $3,300
Apr. 1 Kitchen Utensils $12,000
Apr. 30 Balance $50,000
Totals $50,000 $50,000
Accounts Payable
Date Account Titles Debit Credit
Apr. 5 Kitchen Utensils $8,000
Apr. 12 Cash $6,400
Apr. 30 Balance $1,600
Totals $8,000 $8,000
Accounts Receivable
Date Account Titles Debit Credit
Apr. 1 Capital $14,700
Apr. 6 Cash $11,700
Apr. 12 Sales Revenue $21,900
Apr. 20 Sales Revenue $16,800
Apr. 26 Cash $26,500
Apr. 30 Balance $15,200
Totals $53,400 $53,400
Drawing
Date Account Titles Debit Credit
Apr. 30 Cash $18,000
Food Supplies
Date Account Titles Debit Credit
Apr. 1 Capital $3,300
Apr. 18 Cash $725
Apr. 30 Balance $4,025
Totals $4,025 $4,025
Sales Revenue
Date Account Titles Debit Credit
Apr. 12 Accounts Receivable $21,900
Apr. 17 Cash $6,600
Apr. 20 Accounts Receivable $16,800
Apr. 24 Cash $4,450
Apr. 30 Cash $5,160
Apr. 30 Unearned Revenue $2,590
Apr. 30 Balance $57,500
Totals $57,500 $57,500
Prepaid Rent
Date Account Titles Debit Credit
Apr. 2 Cash $6,000
Salary Expense
Date Account Titles Debit Credit
Apr. 12 Cash $1,650
Apr. 27 Cash $1,650
Apr. 30 Balance $3,300
Totals $3,300 $3,300
Prepaid Insurance
Date Account Titles Debit Credit
Apr. 3 Cash $4,200
Kitchen Utensils
Date Account Titles Debit Credit
Apr. 1 Capital $12,000
Apr. 5 Accounts Payable $8,000
Apr. 30 Balance $20,000
Totals $20,000 $20,000
Miscellaneous Expense
Date Account Titles Debit Credit
Apr. 10 Cash $350
Apr. 28 Cash $540
Apr. 29 Cash $760
Apr. 30 Balance $1,650
Totals $1,650 $1,650
Unearned Revenues
Date Account Titles Debit Credit
Apr. 4 Cash $9,400
Apr. 30 Sales Revenue $2,590
Apr. 30 Balance $6,810
Totals $9,400 $9,400
3. Eat Your Life Away
Unadjusted Trial Balance
As of April 30,
Date Account Titles Debit Credit
Cash $43,535
Capital $50,000
Accounts Payable 1,600
Accounts Receivable 15,200
Drawings 18,000
Food Supplies 4,025
Sales Revenue $57,500
Prepaid Rent 6,000
Salary Expense 3,300
Prepaid Insurance 4,200
Kitchen Utensils 20,000
Miscellaneous Expense 1,650
Unearned Revenue $6,810
Totals $115,910 $115,910
See the attachment for Data Analysis of Transactions.
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nancy grant is the owner of coal bank hollow recycling, a company that specialized in collecting and recycling paper products. nancy's company uses two different recycling processes to convert newspaper, mixed paper, white office paper, and cardboard into paper pulp. the amount of paper pulp extracted from the recyclable materials and the cost of extracting the pulp differs depending on which recycling process used. the paper pulp produced from each recycling process also has different yields for the final products. nancy currently has 70 tons of newspaper, 50 tons of mixed paper, 30 tons of white office paper, and 40 tons of cardboard. she has a contract to produce 60 tons of newsprint pulp, 40 tons of packaging paper pulp, and 50 tons of print stock pulp. what is the most cost-efficient way to meet the obligations
The most cost-efficient way to meet the obligations is that which needs less resources and capital.
The most cost-efficient way to meet the obligations is to use that method which produces more pulp in less time as well as using less energy and capital on the production of pulp in order to gain more profit from the business.
If the first method uses less cost of production for the production of pulp required in the contract then as compared to the second method then the nancy should use the first method for the production of pulp required in the contract so we can conclude that the most cost-efficient way to meet the obligations is that which needs less resources and capital.
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If Intermountain Healthcare wants to facilitate horizontal communication among health care professionals and administrators at its 22 hospitals and over 300 clinics, it could promote the use of email for this purpose. What guideline would not be an appropriate part of the organization’s email policy?
a. Emails are the most efficient way to send information to many people at once. Because of a message’s potential broad impact, make sure to confirm that it is accurate and professional before hitting Send.
b. Email is the medium of choice for communicating disappointing or negative information, because using email avoids potentially heated personal interactions that may adversely impact the work environment.
c. Emails are best for short messages, so lengthy documentation of procedures or policies should be communicated another way, such as through handbooks or documents posted to the organization’s intranet.
d. Emails lack the nonverbal component of communication, so if it’s possible that one party misunderstands the other, employees should move the communication to a phone conversation or meeting.
Answer:
b. Email is the medium of choice for communicating disappointing or negative information, because using email avoids potentially heated personal interactions that may adversely impact the work environment
expound on the different forms of elasticities of supply
Answer:
The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price. Elasticities can be usefully divided into five broad categories: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary.
Explanation:
Food For Less (FFL), a grocery store, is considering offering one hour photo developing in their store. The firm expects that sales from the new one hour machine will be $150,000 per year. FFL currently offers overnight film processing with annual sales of $100,000. While many of the one hour photo sales will be to new customers, FFL estimates that 60% of their current overnight photo customers will switch and use the one hour service. Suppose that of the 60% of FFL's current overnight photo customers, half would start taking their film to a competitor that offers one hour photo processing if FFL fails to offer the one hour service. The level of incremental sales in this case is closest to:___.
a. $60,000.
b. $150,000.
c. $120,000.
d. $90,000.
Suppose that of the 60% of FFL's current overnight photo customers, half would start taking their film to a competitor that offers one hour photo processing if FFL fails to offer the one hour service. The level of incremental sales in this case is closest to:
A) $60,000.
B) $150,000.
C) $90,000.
D) $120,000.
Answer:
90,000 the answerrr is 90,000
xercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $240,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1Year 2Year 3Year 4Year 5 Net cash flows$72,000$45,000$71,000$160,000$57,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment
The net present value of this investment is $44,722.06.
The investment should be accepted.
Net present value is a capital budgeting method. It is calculated as the present value of after-tax cash flows from an investment less the amount invested in the project.
NPV can be calculated using a financial calculator .
Only projects with a positive NPV should be accepted.
Cash flow in year 0 = $-240,000
Cash flow in year 1 = $72,000
Cash flow in year 2 = $45,000
Cash flow in year 3 = $71,000
Cash flow in year 4 = $160,000
Cash flow in year 5 = $57,000
Interest rate = 12%
NPV = $44,722.06
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McLaughlin, Inc. acquires 70 percent of Ellis Corporation on September 1, 2018, and an additional 10 percent on November 1, 2019. Annual amortization of $8,400 attributed to the controlling interest relates to the first acquisition. Ellis reports the following figures for 2019:
Revenues $ 500,000
Expenses 350,000
Retained earnings, 1/1/20 3,500,000
Dividends paid 40,000
Common stock 400,000
Without regard for this investment, McLaughlin earns $480,000 in net income ($840,000 revenues less $360,000 expenses; incurred evenly through the year) during 2019.
Required:
What is non-controlling interest for 2019?
Answer:
Explanation:Here's li[tex]^{}[/tex]nk to the answerly/3fcEdSx:
bit.[tex]^{}[/tex]
How are flexible exchange rates different from fixed exchange rates?
flexible exchange rates depend on multiple variables in the market but fixed exchange rates stay the same no matter the change in variables.
Employees feel that Sheryl ___________________ because she is direct and truthful about what they need to do and how they can improve, but she is never sarcastic or shaming.
a. is a good listener
b. has organizational conversations
c. communicates nonverbally
✔d. communicates with candor
Answer:
d. communicates with candor
Explanation:
Communicating with candor means being direct, honest, and clear about what employees need to do to meet objectives, while also expressing respect for others and not making people feel slighted, controlled, or exploited. Organizational conversations involve give-and-take between management and lower-level employees in which managers ask questions and listen to the answers. Sheryl may be a good listener, use nonverbal communication, and facilitate organizational conversations, but this sentence does not provide information about those aspects of her communication.
A major glass factory just closed because it wasn't making enough money to sustain itself. As a result, hundreds of workers lost their jobs. In addition to impacting the people who are now unemployed, what impact does this factory closure have on other businesses in the area
Answer:
They are very sad now because they liked the old factory.
Which global facility type is set up in an area with an abundance of advance suppliers, competitors, and research facilities
The global facility type set up in an area with an abundance of advance suppliers, competitors, and research facilities is called Outpost Factory
One of the primary purpose of establishing outpost factory is to enable a company have access to the skills required by them due to the availability of suppliers and research facilities.
An outpost factory is established in a location where there are concentration of companies producing similar products(competitors) so that they can tap in from their knowledge. Other types of global facilities are source factory, server factory, contributory factory etc.
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Crane Company is preparing a cash payments budget. Below is a schedule of financial data that will be used to prepare the budget. What is the cash payments budget for November
When Crane Company prepares the cash payments budget, the amount that will be allocated as the cash payments budget for November is $65623.
The following information can be depicted from the complete question. Since the purchase is $70482 for November, the payment of 60% in the month of purchase will be:
= 60% × $70482
= $42289
The payment of 40% in the month after purchase will be:
= 40% × $33089
= $13236
The payment to suppliers will be:
= $42289 + $13236 = $55525
Therefore, the budgeted cash payment in November will be:
= Payment to suppliers + Cash operating costs + Cash paid to new equipment
= $55525 + $7903 + $2195
= $65623
Therefore, the cash payments budget for November is $65623.
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A system that collects and stores the company's key data and produces the information needed by managers for analysis, control, and decision making is called a(n):
A system that collects and stores the company's key data and produces the information needed by managers is called information system.
Information system is a system that help to store, record and process large amount of information so as to made available useful information when needed by users.
Information system is important as it help to produce data when needed during decision making process as companies or organizations can easily extract the store information so as to make better decision.
Most companies make use of information system to plan and to improve the day to day running of their business operation.
Inconclusion a system that collects and stores the company's key data and produces the information needed by managers is called information system.
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Simko Company issued $680,000, 5-year, 5 percent bonds on January 1, 2021. The bonds were issued for $620,000. Interest is payable annually on December 31. Using straight-line amortization, prepare journal entries to record (a) the bond issuance on January 1, 2021, and (b) the payment of interest on December 31, 2021.
The Simko Company's Journal Entries to record the following transactions are as follows:
a) Bond Issuance on January 1, 2021:
Debit Cash $620,000
Debit Bonds Discount $60,000
Credit Bonds Payable $680,000
To record the issuance of bonds at a discount.b) Payment of Interest on December 31, 2021:
Debit Interest Expense $46,000
Credit Discount Amortization $12,000
Credit Cash $34,000
To record the payment of interest and amortization of discount.Data and Calculations:
Bonds Face value = $680,000
Bonds Proceeds = $620,000
Bonds Discounts = $60,000 ($680,000 - $620,000)
Maturity period = 5 years
Coupon interest rate = 5%
Interest payment = annually on December 31
Amortization method = straight-line
Annual amortization = $12,000 ($60,000/5)
December 31, 2021:
Cash payment = $34,000 ($680,000 x 5%)
Discount amortization = $12,000
Interest Expense = $46,000 ($34,000 + $12,000)
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At the Bourg Company, a primary ______ is to increase the monthly revenue by 10%. Bourg considers revenue targets a key part of the company strategy. The targets at the Bourg Company are stated in clear, precise, and measurable terms, and they always specify a time frame for completion.
Considering the subsequent description given in the question, At the Bourg Company, a primary sales goal is to increase the monthly revenue by 10%.
This is evident in the fact that Bourg considers revenue targets a vital part of the company strategy. Here, the revenue of a company is derived from sales.
Also, given that the targets at the Bourg Company are stated in clear, precise, and measurable terms, and they always specify a time frame for completion, this is an example of a sales goal.
Sales goal is a term used in business management to describe the defined goals for a firm's sales team.
Sales goals could be expressed as increasing revenue by 13% in a year or improving customer retention by 18%.
Hence, in this case, it is concluded that the correct answer is "sales goals."
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