The decision structure that has two possible paths of execution is known as?

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Answer 1

The decision structure that has two possible paths of execution is known as a binary or two-way decision structure.

In this type of structure, a condition is evaluated and based on its outcome, one of two possible paths of execution is taken. The condition can be a simple comparison, such as "if x is greater than y," or a more complex expression. The two possible paths of execution are often referred to as the "then" path and the "else" path.This type of decision structure is commonly used in computer programming to control the flow of a program based on certain conditions or inputs. For example, a program may use a binary decision structure to determine if a user has entered a valid password or to select which path to take based on the user's choice of action.

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what was the louisiana purchase, and how did it impact the u.s.?

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Signed on April 30, 1803, this contract with France cost the United States $15 million and allowed it to gain 828,000 square miles of land west of the Mississippi River.

What effect did the Louisiana purchase have?

The Louisiana Purchase eventually doubled the size of the United States, greatly strengthened it militarily and strategically, gave an important impetus to the westward movement, and confirmed the notion of authority implicit in the federal constitution. This agreement was signed on April 30, 1803, and it cost the United States $15 million to acquire the 828,000 square miles of territory west of the Mississippi.

The land area of the United States has increased to around $4 per acre.

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companies look for cost-effective ways to maintain and build business relationships. email is one step in that effort. which is the most effective positive message opening?

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The following option that show us about the most effective positive message opening is Will you be available to discuss your idea with our developers the week of May 10?

In the term of business and organization, Business relations generally can be defined as a connections between stakeholders in the process of businesses. Business relationship included some relationship, such as employer–employee relationships, managers as well as outsourced business partners. Business relationship is a crucial factor. It can affect through the business career. So, if we interact with each other, we have to used effective positive message.

The question above is incomplete, the complete question is:

Companies look for cost-effective ways to maintain and build business relationships. Email is one step in that effort. Which is the most effective positive message opening?

--How did you come up with your idea?

--KendCo is working on hard on a lot of iniatives.

--Will you be available to discuss your idea with our developers the week of May 10?

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a bank reconciliation compares the company's cash records with the bank statement and discovers differences in those amounts due to

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A bank reconciliation compares the organization's cash records with the bank statement and discovers differences in those amounts due to  "a variety of reasons such as outstanding checks, deposits in transit, bank errors, and unauthorized transactions".

A bank reconciliation is the process of comparing a company's cash records with the bank statement to ensure that they match. During the reconciliation process, differences may be discovered between the two sets of records. These differences can be due to a variety of reasons, including outstanding checks that have not yet cleared the bank, deposits that have been made to the bank but have not yet been recorded in the company's records, bank errors, and unauthorized transactions.

The purpose of the bank reconciliation is to identify and explain these differences and to ensure that the company's cash records accurately reflect the company's actual cash balance. This process helps to prevent fraud and errors and to ensure that the company has accurate financial records.

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what form does the product specification take for the following firms: a trvael agency, a beer company, and a consulting firm?

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The answer is, In 2010, the SEC's Enforcement Division created a specialized unit to further enhance its enforcement of the FCPA, which prohibits companies issuing stock in the U.S. from bribing foreign officials for government contracts and other business.

What exactly is a product?

Any good or service you provide to satisfy a customer's need or desire is a product. They might be real or virtual. Durable commodities (such as vehicles, furniture, and computers) and nondurable items are examples of physical things (like food and beverages).

What is a basic product?

Basic products are items intended for export after processing into processed products or into goods; Samples 1 through 3 also include commodities intended for export after processing.

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suppose the real risk-free rate is 3.50% and the future rate of inflation is expected to be constant at 4.80%. what rate of return would you expect on a 1-year treasury security, assuming the pure expectations theory is valid? disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.

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We would expect a return of 8.30% on a 1-year Treasury security if the pure expectations theory is valid.

What is pure expectations theory?

Under the pure expectations theory, the expected return on a 1-year Treasury security would be equal to the expected real risk-free rate plus expected inflation.

According to expectancies theory, the long-term interest rate is the average of the current and anticipated short-term rates in the future. The average of the present and anticipated short-term rates for the next five years, for instance, is the yield to maturity on a bond with a maturity of five years.

Expected return = Real risk-free rate + Expected inflation

Expected return = 3.50% + 4.80% = 8.30%

So, we would expect a return of 8.30% on a 1-year Treasury security if the pure expectations theory is valid.

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supplies at the beginning of the year totaled $4,000. during 2024, additional supplies of $20,000 were purchased, and the entire amount was debited to supplies at the time of purchase. supplies remaining at the end of the year total $6,000. prepare the adjusting entry at december 31.

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To prepare the adjusting entry at December 31 for the supplies, you would debit Supplies for $14,000 and credit Supplies Expense for $14,000.

This is because the Supplies account has a debit balance of $4,000 at the beginning of the year, plus the additional supplies purchased of $20,000 during the year, for a total of $24,000. However, at the end of the year, only $6,000 of supplies remain, so the difference of $14,000 must be adjusted for.

Business supplies are items required for day-to-day operations in any business. These supplies can range from basic office supplies such as stationery, printer paper and ink, to more specialized items such as catering supplies, cleaning materials, and lab equipment. Business supplies are necessary for businesses to maintain operations and keep their employees productive.

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when an unemployed person drops out of the labor​ force, the unemployment rate

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The unemployment rate may overstate the genuine level of unemployment in the economy if an unemployed person leaves the labor force.

What was the earliest unemployment rate recorded in the US?

It is currently only 3.4%. The weakest in 54 years, that is. Additionally last month, the Bureau of Economic Analysis of the Commerce Department stated that real wages increased last month relative to seven months earlier and that the GDP increased by 2.9% for the final quarter of 2022.

What was the record-breaking unemployment rate?

Between 1948 and 2023, the United States' unemployment rate averaged 5.73 percent, with record highs of 14.70 per cent in April 2020 and 2.50 percent in May 1953.

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the participation of women in the u.s. labor force has risen dramatically since 1970. true or false: this rise likely increased gdp in the united states

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The given statement"The participation of women in the u.s. labor force has risen dramatically since 1970."is true .

The increased participation of women in the US labor force likely contributed to the growth of the country's Gross Domestic Product (GDP).

When more individuals, including women, participate in the workforce, they bring in additional skills, talent, and experience, which can drive economic growth and increase overall productivity. Moreover, the increase in women's participation has also expanded consumer spending power, creating additional demand for goods and services, further boosting economic activity.

Hence , the statement is true.

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which of the following is an example of a positive economic statement? a. soap operas should be taken off television. b. the u.s. public should devote more resources to education. c. if you drop a ball from the top of a building, it will fall to the ground. d. the poor should pay lower taxes and the rich should pay higher taxes

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"An increase in government spending will reduce the unemployment rate'' is an example of a positive economic statement. The correct option is C.

The positive economic statement is the statement in which the measurement is the fact based and it is precise, descriptive and the clearly measurable.

The  positive economic statement is the tangible and it can include the following terms are inflation rate, the unemployment rate, housing market statistics and the consumer spending. The positive  statement is opposite from the normative statement in this statement it include the many disciplines.

The question is incorrect, the correct question is here:

Which of the following is an example of a positive economic statement? a. soap operas should be taken off television. b. the U.S. public should devote more resources to education. c. An increase in government spending will reduce the unemployment rate. d. the poor should pay lower taxes and the rich should pay higher taxes

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technology integration strategies that promote skill fluency or automaticity are based on which kind of models?

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Based on the sorts of guided models, technology integration solutions which it enable skill fluency as well as automaticity are developed.

Which phrase best describes skills?

Many people use the words artifice, art, craft, even cunning to describe skill. Although talent lays a stronger focus on technical proficiency, all of these expressions allude to "the capacity of doing what one has made appropriately."

Why do we use the term "professional skills"?

Professional skills are aptitudes and occupational competencies used in the workplace and beneficial for practically any employment. Professional abilities are a combination of hard and soft abilities.

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how can managers effectively convey impressions of empathy and power? group of answer choices tone of voice physical appearance work environment body language

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Managers can effectively communicate feelings of power and empathy through their body language.

Understanding how other people emotionally feel, seeing things from their perspective, and placing yourself in their shoes are all examples of empathy. It essentially involves placing yourself in another person's shoes and experiencing their feelings. Empathy is the ability to immediately see yourself going through all that experience and feel what they are feeling when you see another person in a depressed state, such as when they have lost a loved one. Numerous studies have found that empathy is declining both nationally and internationally. These findings urge parents, teachers, and the community to promote initiatives that aid individuals of all ages in developing and maintaining their capacity to put themselves in others' shoes.

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an organized effort where goods and services are freely exchanged is known as a question 2 options: business. government. market. religion.

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Free enterprise refers to a free market economy that has few restrictions on the transfer of wealth or the purchase and sale of products and services.

A business is a place where people come together to work. People work in a business to produce and market goods and services. The goods and services are purchased by other people. A company can make money from the goods and services it provides. The word "business" derives from the verb "to be busy," which refers to action. To turn a profit, any firm needs to make some kind of investment and have a sufficient number of consumers to whom it can consistently sell its output. Pepsi Co. is an illustration of a corporate firm, whereas a mom-and-pop catering service is a private business.

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ll of the following cause a rightward shift in the demand schedule for a normal good EXCEPT (A). a decrease in the price of the good (B). a decrease in the price of a complementary good (C). an increase in the price of a substitute good (D). an increase in consumers' income (E). an increase in consumers' preference for the good

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One class of goods where there is a clear correlation between demand and consumer income is the demand for regular commodities. The correct answer is option A.

What is the demand for normal goods?

The demand for normal commodities is one category of items where the relationship between demand and consumer income is clear. In other words, as consumer income or the size of the economy grow, so does the demand for ordinary goods (which generally will increase the income of the population). As income rises, so does demand for everyday items. Using the income elasticity of demand formula, one may calculate how much demand will change when income changes. The quantity of an item that will be purchased at different market prices is indicated by the demand schedule.

A demand schedule lists the amounts of a specific commodity or service that will be wanted or purchased at different market rates, ceteris paribus.

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which of the following is incorrect with respect to recognized goodwill on the balance sheet? question 9 options: it may be negative. it should be written-down if the future benefits no longer exist. it arises when another company is purchased or when internally generated. it should not be amortized over 30 years.

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It happens when a business buys another one or when incorrect information about goodwill that is listed on the balance sheet is produced internally. As a result, choice B is the best.

Less goodwill is recorded when a corporation buys another company because the acquisition price was more than the fair worth of the measurably acquired physical and intangible assets. the plans that were put in place. On the balance sheet, goodwill is listed as a long-term or noncurrent asset.

When one company buys another for more money than the total net assets of the acquired company, as shown on the balance sheet, goodwill, a form of an intangible asset, is created.

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The correct question is-

Which of the following is incorrect with respect to recognized goodwill on the balance sheet?

A. It should not be amortized over 30 years.

B. It arises when another company is purchased or when internally generated.

C. It should be written down if the future benefits no longer exist.

D. It may be negative.

the strategy of treating each country as a unique market and in total isolation is referred to as .

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The strategy of treating each country as a unique market and in total isolation is referred to as localization.

What is localization ?

A company's localization strategy is a distinctive market technique it uses to handle the varying cultural norms, consumer behaviours, and purchasing patterns in each country it operates in.

The company's website has been localised so that it is accessible in the native tongue and is tailored to local preferences. They emphasise using natural ingredients and innovative designs while customising the formulas and packaging for the market. For instance, in India, Starbucks was localising its brand and adjusting to Indian culture.

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in order to earn $1,000 per year for 15 years starting next year, how much money should you deposit in a bank now if the bank offers a compound interest rate of 12%? g

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You need to deposit $2,051.44 in the bank to earn $1,000 per year for 15 years with a 12% compound interest rate.

Compound interest is the interest earned on the original amount and the interest earned in previous periods. It's like earning interest on your interest.

To calculate the amount you need to deposit now, you can use the formula:

A = P * (1 + r/n)ⁿˣ

Where:

A is the final amount,

P is the principal (the initial amount),

r is the interest rate,

x is the number of years, and

n is the number of times the interest is compounded in a year.

In your case, you want to earn $1,000 per year for 15 years, so you need to deposit an amount that will earn you $1,000 every year for 15 years. Let's assume that the interest is compounded annually (n = 1). So, the formula becomes:

A = P * (1 + 0.12)¹⁵

To find P, you can rearrange the formula:

P = A / (1 + 0.12)¹⁵

Substituting $1,000 for A, you get:

P = $1,000 / (1 + 0.12)¹⁵ = $2,051.44

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firm c's common stock has a par value per share of $10, earnings per share of $6, dividends per share of $5, a book value per share of $69, and a market value per share of $80. what is firm c's dividend payout ratio (rounded to one decimal)?

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Firm C is paying out 83% of its earnings as dividends to shareholders.

The dividend payout ratio is a financial metric that measures the proportion of a company's earnings that is distributed to shareholders as dividends. It is calculated as the dividends per share (DPS) divided by the earnings per share (EPS) and is typically expressed as a percentage.

The dividend payout ratio can be calculated by dividing the dividends per share by the earnings per share. Here, the dividend payout ratio for Firm C is given by -

$5 / $6 = 0.83 or 83%

Hence, the dividend payout ratio for Firm C is 83%.

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distinguish between managerial and financial accounting as to (a) primary users of reports, (b) types and frequency of reports, and (c) purpose of reports.

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Managerial account reports are intended for internal use, similar as decision- makers within the company, and are prepared on a regular whereas base.Whereas  financial account reports are intended for external stakeholders and are formalized and prepared on a daily and periodic base.

a) Primary druggies of Reports  

Managerial Accounting-  The primary  druggies of  directorial account reports are internal,  similar as  directors,  directors, and other decision- makers within the company.  

Financial Accounting - The primary  druggies of  fiscal account reports are external,  similar as investors, creditors, controllers, and other stakeholders outside the company.

b) Types and frequence of Reports  

Managerial accounting-  directorial account reports are  acclimatized to the specific  requirements of the association and can include budgeting and  soothsaying, cost analysis, and performance evaluation reports. These reports are  generally prepared on a regular base.

Financial Accounting-  Financial account reports are formalized and include the balance  distance, income statement, and cash inflow statement. These reports are  generally prepared on a daily and periodic base to meet nonsupervisory conditions.

c) Purpose of Reports  

Managerial Accounting- The purpose of  directorial account reports is to  give information that's useful in the  operation of the association,  similar as decision-  timber, planning, and control.  

Financial Accounting -The purpose of  fiscal account reports is to  give information that's useful in assessing the  fiscal performance and position of the association,  similar as determining the company's profitability and solvency.

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what is the stark law also known as and why is it important to hospitals? a. qui tam statute: hospitals are at risk for knowingly presenting or causing to present a false claim to the government. b. physician self-referral law: the law also covers services billed by hospitals actually provided by a physician-owned entity under contract with the hospital. c. qui tam statute: hospitals have a higher risk of disgruntled employees creating a qui tam suit. d. physician self-referral law: hospitals are responsible for the referral patterns of the physicians that also have admitting privileges to their hospital.

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The stark law also known as qui tam statute, and it is important to hospitals because they are at risk for knowingly presenting or causing to present false claim to the government.

What is stark law?

A physician who has a financial connection to an organisation providing designated health services (also known as "DHS") cannot recommend a Medicare or Medicaid patient to that organisation. Referrals are described as "the request by a physician for the item or service" for Medicare Part B services and "the request or establishment of a plan of treatment by a physician that involves the provision of the designated health service" for all other services. The Stark Law is subject to a number of exceptions, including those for physician services, in-office ancillary services, ownership of publicly traded securities and mutual funds, renting office space and equipment, and bona fide employment arrangements.

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in developing a strategic marketing plan, what should the company do immediately after evaluating the opportunities presented by various market segments?

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Immediately after evaluating the opportunities offered by the various market segments, a company should develop a strategy to determine where to focus its marketing efforts and where to not.

This includes deciding which market segments we have to target, what products and services should be offered, what pricing and promotional strategies to be used, and how to measure the success.

In addition, the company should create a timeline for implementation and review the budget to ensure that financial resources are allocated correctly. Finally, a company should consider how to track and measure the effectiveness of its marketing efforts to make adjustments and analyze ROI.

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Firms are typically more successful when they focus on opportunities that build on their strengths relative to those of their competition (T/F)

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This declaration is True.

The components of a SWOT evaluation are strengths, weaknesses, opportunities, and tactics. Firms are commonly extra profitable when they center of attention on possibilities that construct on their competitors' strengths.

Why is a firm's approach vital ?

A company wants a method to specify what actions are going to be taken: To improve its financial performance. To strengthen its aggressive position. To attain a sustainable aggressive gain over its market rivals.

What is the main cause of a firm?

A association is a for-profit business, usually fashioned as a partnership that affords professional services, such as felony or accounting services. The principle of the company posits that firms exist to maximize profits.

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true or false? subtract your outflow for necessities from your total monthly income. the answer is the amount of discretionary income you have left.

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True, subtract your outflow for necessities from your total monthly income.

What is discretionary income?

Discretionary income is the amount of money that a family or individual has left over after paying taxes and essential expenses like rent or mortgage, utilities, student loans, and credit card debt. There are some similarities between the two income streams because discretionary income is a subset of disposable income. Regarding the Income-Contingent Repayment Plan, discretionary income is the sum of your annual income less 100% of the federal poverty level for your family size and location. The U.S. Department of Health and Human Services updates the poverty guidelines. It's more beneficial to think about discretionary income as a share of your spending plan.

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when an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed

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When an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed drawings.

What Is Drawing Account?

Drawing is basically one of the terms used in accounting and refers to the activity of withdrawing assets or money from a business carried out by the owner of the business. Therefore, the drawing account on record will be included in the debit account and the money or assets taken will be in the credit account. This drawing is usually done every year where there is an account closing at the end of the year and all cash is transferred to the owner's account and the company opens a new account for the new year.

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Which of the following is an example of something that would be studied in macroeconomics? A. the factors that increase a firm's productivity B. the causes of a nation's economic expansion C. how healthcare costs affect families D. the reasons entrepreneurs start businesses

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Option (B). The causes of a nation's economic expansion is an example of something that would be studied in macroeconomics.

How is macroeconomics utilized in actual life?

Macroeconomists try to predict economic conditions that help consumers, businesses and governments make better decisions.

Consumers want to know how easy it is to find a job, how much it costs to buy goods and services in the marketplace, or how much it costs to borrow money.

What are the golden rules of microeconomics?

The golden rule is that throughout the economic cycle, governments should only borrow for investment, not to fund current spending. More specifically, the current budget should, on average, be balanced or surplus over the business cycle.

What are the primary equipment of macroeconomics?

The most important instruments of macroeconomic policy are fiscal policy (government spending and taxation) and monetary policy (management of the money supply by central banks). These instruments are used to achieve macroeconomic balance.

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being supportive of diversity can sometimes result in organizations facing boycotts and negative publicity from those resistant to diversity. true false

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Being supportive of diversity can sometimes result in organizations facing boycotts and negative publicity from those resistant to diversity. The statement is True

Supporting diversity can often lead to resistance and pushback from those who are not in favor of diversity and inclusion. This can result in boycotts and negative publicity for the organization, as well as potential legal and financial consequences.

However, despite these potential risks, many organizations still prioritize diversity and inclusion because of the many benefits it can bring. Research has shown that diverse and inclusive workplaces can lead to increased innovation, better decision-making, improved employee satisfaction, and stronger relationships with customers from diverse backgrounds. Additionally, promoting diversity and inclusion can also help organizations comply with laws and regulations, and enhance their reputation and brand image.

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which provides the necessary experience to purse her claim and would ensure the employee lowest overall cost?

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When considering which approach would provide the necessary experience to pursue a claim and ensure the lowest overall cost for an employee, it would depend on the nature of the claim and the available options for pursuing it.

In some cases, it may be necessary for the employee to hire an experienced attorney who specializes in the relevant area of law, such as employment law or personal injury law. While this may result in higher upfront costs, it may also increase the chances of a successful outcome and result in a larger settlement or judgment.

Alternatively, the employee may be able to pursue the claim on their own, with or without the assistance of a legal aid organization or self-help resources. This approach may have lower upfront costs, but may also be more challenging and may result in a smaller settlement or judgment.

Ultimately, the best approach will depend on the specific circumstances of the claim and the employee's individual needs and goals. It may be helpful to consult with a legal professional or other trusted advisor to determine the best course of action.

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The slope of a budget constraint line is influenced by:
a. the tastes and preferences of the decision-maker.
b. none of the above
c. how much one item costs compared to the cost of the other item.
d. how effectively one more of each of the two competing goods satisfies wants.

Answers

How much one thing costs in relation to a cost of the additional item C. affects the slope of an initial budget line.

What factors affect the slope of something like a budget constraint line?

The relative cost of the options affects the budget constraint's slope. Choices outside of the budget are unaffordable. Cost is measured by the amount given up in exchange, or opportunity cost.

What is the case with a financial restraint?

The total number of products you can buy within your current budget is your budget constraint. Budget restrictions show the variety of options that can be made while staying inside that budget. The opportunity cost is the amount or thing you give up in favor of another. Slowly sinking cost is the sum of money used for the cannot be regained from the past.

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a 30-year maturity, 6% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. the bond currently sells at a yield to maturity of 5% (2.5% per half-year). required: a. what is the yield to call? (do not round intermediate calculations. round your answer to 2 decimal places.) b. what is the yield to call if the call price is only $1,050? (do not round intermediate calculations. round your answer to 2 decimal places.) c. what is the yield to call if the call price is $1,100 but the bond can be called in two years instead of five years? (do not round intermediate calculations. round your answer to 2 decimal places.)

Answers

The first equation into the second and solving for y gives a semiannual yield of 3.481%, or an annual yield to call of 6.96%. (a) the yield to call is 5.71%. (b) an annual yield to call of 6.28%. and (c) the bond would be worth the call price of $1,100 at that time if 1,100 = [tex]PV/(1 + y/2)^4[/tex]

To solve this problem, we need to use the bond pricing formula for a bond with semiannual coupon payments:

[tex]PV = (C/2) * (1 - 1/(1 + r/2)^{2n}) + F/(1 + r/2)^{2n}[/tex]

where PV is the present value of the bond, C is the semiannual coupon payment, r is the semiannual yield to maturity, n is the number of semiannual periods, and F is the face value of the bond.

a. To find the yield to call, we need to find the  yield semi-annual that would make the bond worth the call price of $1,100 in five years. The call price is the present value of the bond at that time, so we can use the bond pricing formula with n = 10 (20 semiannual periods) and PV = $1,100:

[tex]1,100 = (60/2) * (1 - 1/(1 + r/2)^{20}) + 1,000/(1 + r/2)^{20}[/tex]

Solving for r using a financial calculator or spreadsheet gives a semiannual yield of 2.854%, or an annual yield to call of 5.708%. Therefore, the yield to call is 5.71%.

b. To find the yield to call with a call price of $1,050, we can use the same formula with PV = $1,050:

[tex]1,050 = (60/2) * (1 - 1/(1 + r/2)^{20}) + 1,000/(1 + r/2)^{20}[/tex]

Solving for r gives a semiannual yield of 3.140%, or an annual yield to call of 6.28%.

c. To find the yield to call with a call price of $1,100 and a call date of two years from now, we need to find the present value of the bond at that time using the bond pricing formula with n = 4 (8 semiannual periods):

[tex]PV = (60/2) * (1 - 1/(1 + r/2)^{8}) + 1,000/(1 + r/2)^{8}[/tex]

If the yield to call is y, then the bond would be worth the call price of $1,100 at that time if:

1,100 = [tex]PV/(1 + y/2)^4[/tex]

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An organization's budget is a document that details O the financial and physical resources allocated to a project or department for a period O the cash available for business expenses and payroll during a year O the headcount assigned to each departmental manager for the year

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An organization's budget is a document that details a. The financial and physical resources allocated to a project or department for a period

What is an organization's budget ?

A project's or department's financial and material resources are specified in the budget for the organization. They are single-use plans since they are only applicable during that time or for that unique occasion.

Zero-based budgeting treat each budget as though it were completely fresh and demand that managers provide justification for each line item. Budgets are made sure to be tightly related to the most recent corporate goals through this approach.

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what type of health plan has seen dramatic growth and their market share will most likely grow as increased pressure for healthcare cost containment continues?

Answers

As pressure to restrict healthcare costs continues to increase, the market share of high deductible health plans with saving options has grown significantly.

Health planning is the process of evaluating requirements and resources, prioritising goals, and describing the administrative action needed to attain those goals in order to examine community health challenges. A good strategy should supply A crystal clear vision, mission, and set of objectives a thorough list of the things that need to be done The resources needed to finish the activity include people, objects, money, time, space, and knowledge. Six steps are involved in planning. examining the circumstances selecting and analysing significant (priority) issues establishing targets and goals Identifying potential obstacles Planning the strategy Making the plan official

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