___ refers to factors that prevent new firms from successfully competing in the industry

The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:_______

Makovka662 [10]

The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.

<h3>What is Strategic planning?</h3>

Strategic planning can be defined as the process of setting up an objectives or goals and then planning how to achieve the sets objectives and goals.

A company or an organization that want to achieve their future goals must tend to make use of Strategic planning.

Therefore The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.

Learn more about Strategic planning here:brainly.com/question/24864915

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7 0

1 year ago

A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Bi

ser-zykov [4K]

Answer and Explanation:

The computation of the total cost under each locations is as follows:

The total cost of Memhpis is

= $40,000 + (10,000 units × $8) + $50,000

= $40,000 + $80,000 + $50,000

= $170,000

The total cost of Biloxi is

= $60,000 + (10,000 units × $4) + $60,000

= $60,000 + $40,000 + $60,000

= $160,000

And, the total cost of Birmingham is

= $100,000 + (10,000 units × $5) + $25,000

= $100,000 + $50,000 + $25,000

= $175,000

7 0

3 years ago

Two brothers, Mark and Rick, each inherit $6000. Mark invests his inheritance in a savings account with an annual return of 2.5%

aleksandr82 [10.1K]

Answer:

$198

Explanation:

Two brothers Mark and Rick each inherit $6,000

Mark invests his money in a savings account with an annual return of 2.5%

After one year the interest payment that will be received by Mark can be calculated as follows

= $6,000 × 2.5/100

= $6,000 × 0.025

= $150

Rick invests his portion of the money in a CD paying 5.8% annually

The amount of interest that will be received by Rick after one year can be calculated as follows

= $6,000 × 5.8/100

= $6,000 × 0.058

= $348

Therefore the amount of money that Rick has over Mark after a period of one year can be calculated as follows

= $348-$150

= $198

Hence Rick has $198 more than Mark after one year

4 0

3 years ago

Orlando’s business wants to enact an affirrimative action plan which of the following would not be a part of the process

m_a_m_a [10]

Answer:

C). Firing majority workers who perform the least well.

Explanation:

An Affirmative action plan is characterized as the management tool that details of present and future course of action/procedure in order to ensure the rights of every individual on the basis of their caliber, ability, and merit irrespective of their race, gender, class, religion, disability, etc. It primarily aims to offer a fair entry to employment opportunities for all and develop a work community that reflects the demographics of a proficient and qualified workforce. Thus, 'firing majority workers who perform least well' would not be a part of this process as it offers fair access to opportunities on the basis of ability. Therefore, <u>option C</u> is the correct answer.

3 0

3 years ago

Read 2 more answers

Pilger corporation has cash on hand at year-end of $201,000 and a negative cash flow from operations of $144,000. what is the ra

Natalka [10]

<span>given: cash on hand at year-end=$201000 negative cash flow = $ 144000 solutions: Monthly cash expenses =negative cash flow =144000/12=12000 ratio of cash to monthly cash expenses=cash on hand at year-end /Monthly cash expenses = 201,000/12000=16.75=16.80(approx) ratio of cash to monthly cash expenses=16.8 months</span>

5 0

4 years ago