Satellite Communications Jonathan Worked for Satellite Communications for Twenty Years. in the in the Time

question 68

Multiple Choice

Satellite Communications
Jonathan worked for Satellite Communications for twenty years. In the time that he worked there, he learned a lot about the company and how it operated. The company met its sales and revenue goals every year. However, most of the employees had similar educational and cultural backgrounds. He believed that the company could do much better if it cultivated an environment that promoted many different ideas. Additionally, Satellite Communications was mostly focused on how much revenue it earned in a given year. Jonathan felt that the most important goal should be to satisfy customers. He believed financial success would result from focusing on customers.
After a lot of consideration, Jonathan decided to open his own business called Universal Communications and hire employees that reflected a more diverse customer bas
-​Joe would like to start his own lawn maintenance business but is not quite sure where to begin or what to do to start a business. He has come to you for advice. What would you recommend for him to do?

• A)​First, determine what you want, why you want to do it, and write it down.
• B)​Focus on one task at a time then bounce between these tasks to accomplish them all.
• C)​Structure your time and do all of the mundane unimportant things first so they don't hang over your head all day.
• D)​Don't leave your desk until the job is done.If you take breaks, you may forget what you were doing and have to start over.

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Definitions:

Planning Budget

A budget created for a specific level of activity, usually projected at the beginning of a planning period as a guide for income, spending, and capital investment decisions.

Personnel Expenses

Costs incurred by a business related to employing staff, including wages, benefits, training, and other related expenses.

Client-Visits

The number of times clients or customers visit a business or service provider within a given time period.

Planning Budget

A budget prepared for a specific level of activity; it may be adjusted as activity levels change.