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What are common elements of business policy?

A business policy is the set of guidelines an organization follows and they define the limits of how decisions are made. Common element of a business policy include specific and clear policies so there are no misunderstandings. Policies should be appropriate simple, and uniform.


What does the Profit and Loss statement indicates?

The statement of profit and loss follows a general format that begins with an entry for revenue and subtracts from revenue the costs of running the business, including cost of goods sold, operating expenses, tax expense and interest expense. The bottom line (literally and figuratively) is net income (profit).


The business model that a company follows is generally spelled out in what?

Business plan - apex :)


What are the key variables that might confront any typical business organization which intense to succeed?

the key varaibles that can might confront manager are as follows money, machinery, market, manpower, make up and material


What are the essential features of business?

Typically, business is an organized effort by individuals, to produce and sell for a profit, goods, products, and services that satisfy societies needs. You can break this down into three major components as follows: Organization * Organization of material resources * Organization of human resources * Organization of financial resources * Organization of informational resources ( particular to the internal and external environment of the firm). Satisfying the Needs of Society * Basic physiological needs * Societies wants and desires Profit * What the firm has left after all expenses have been satisfied * The reward which can be used as seen fit.


The portion of a web address that follows the www And the name of the organization is called the?

domain


The portion of a web address that follows the www and the name of the organization is?

domain type


What are roles of organization in management of organization?

The roles are as follows: 1. Planning 2. Organizing 3. Stuffing 4. Leading 5. Controlling


Which punctuation mark follows the greeting in a business letter?

A comma


What is the journal entry to depreciate an auto?

Journal Entry for an Auto Depreciation is as follows: [Debit] Depreciation Expense xxxx [Credit] Auto Asset xxxx Another way is as follows: 1 - [Debit] Depreciation Expense xxxx [Credit] Accum. Depreciation xxxx 2 - [Debit] Accum. Depreciation xxxx [Credit] Auto Asset xxxx


In a typical business cycle what stage immediately follows a peak?

contraction


What stage immediately follows a peak in a typical business cycle?

contraction