In business terms, “normal” is understood as any gained revenue exceeding the cost and expenses needed to maintain business activity. For businesses, a normal rate of return on capital investments marks total profit gained from capital investment. For individuals, a normal rate of return stands for overall return on investment....
At its most basic, merit pay is a form of remuneration intended to motivate employees in an organization to excellence in performance. It is also often referred to as pay-for-performance and works on the principle that “that pay could be a particularly important motivator for employees” (Kim, 2016, p. 150)....
The forces of Porter’s five forces model include the threat of new entrants, the threat of substitutions, the bargaining power of customers, the bargaining power of suppliers, and industry rivalry. In the payday loan industry, the emergence of new lenders provides stronger competition within the industry, thus making it difficult...
Abstract Preparing a budget is essential to any successful business operation. Planning and adhering to a realistic budget is a strategic means of forecasting future possible events, of making plans for negative outcomes (dip in sales, etc.), and of implementing strategic means by which profits can be made. This paper...
Question oneVerizon is among the telecommunications companies in America specializing in the provision of varied services and products within its market segment. The retail department is has been involved in the sale of broadband services, mobile plans, and mobile devices to its customer base. The budgetary planning process in this...
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