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Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing catering business that is up for sale. The current owners claim that the business is highly profitable, but Mary Ann has her doubts. She wonders why the owners would be so interested in selling the business if it is such a money maker. Furthermore, the price that they are asking seems high to Mary Ann. Without any formal training in accounting, Mary Ann asks a friend, Rolanda, for advice.1. The auditor has expressed concerns about the company's ability to pay its bills as they are due. What type of financial ratio might provide insight into this concern?2. Rolanda suggests that Mary Ann hire an accountant to audit the financial statements. Mary Ann is not sure what an audit involves. Explain auditing.
Illustrate what is the theoretical number of workstations. Suppose that Demand rose from 750 to 1,000 units per day. Illustrate what would you do? Show any amount or calculations.
What could you do to prepare yourself for a career as administrator or CEO of an assisted living facility
While the ReadyMade magazine was still in the design stages, very little research was done to determine whether an interested market existed.Explain whether and how this adversely affected the magazine as it moved forward to publication.
Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system.
How much time on social media is reasonable at work before it becomes time wasting or a theft of the employer's time
Team operating principles are sometimes included in a project charter to enhance team functioning. Which of the following statements accurately describes the value of establishing team operating principles?
Despite great strides in our country, are re still issues that divide us along racial or cultural lines. If so, illustrate what can organizations do to change this. Illustrate what is our personal responsibility in making positive changes and redu..
The European Union is an example of a regional economic integration.
Jane needs to try a more collaborative approach to working with suppliers. Will her approach work. Explain how should she adopt a more collaborative approach in future negotiations with suppliers.
Why are mission and vision relevant to the management of internal organizational social networks? What performance standards might reinforce a firm's mission and vision?
Explain how will growth impact Fresh Connections' operations. Illustrate what capabilities should Fresh Connections emphasize in its strategy.
Consider the various roles members have to perform for a team to be effective. Which roles would play to your strengths and which to your weaknesses?
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