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Studentka2010 [4]
2 years ago
7

The first step in strategy implementation involves articulating in simple language what a particular business must do to create

or sustain a competitive advantage. This step involves
Business
1 answer:
jarptica [38.1K]2 years ago
5 0

In the strategy implementation stage, there are certain things done to create and sustain a competitive advantage and this involves the definition of strategic goals.

<h3>What is Competitive Advantage?</h3>

This refers to the business situation whereby a company is able to outperform its competition.

Hence, we can see that when making strategic planning and implementation, there is the planning and making of contingencies for a meeting of set company goals to enhance the competitive advantage.

Read more about competitive advantages here:
brainly.com/question/26514848

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Although skyscrapers are mostly composed of steel and glass, carpenters are often employed to help with construction. How might
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To create the roof trusses 
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3 years ago
A new manager has been in their role for three months. They take time each day to get to know and socialize with their team, and
Len [333]

Answer:

Relationship oriented

Explanation:

Relationship oriented leadership is one that is based based mainly on interaction with people. Such leaders are mentors to their subordinates and get feedback from their reports are incorporated into the decisions they make.

They create a positive work environment and enjoyable.

In this instance the manager takes time each day to get to know and socialize with the team, and often meets with employees to discuss various challenges they are facing.

However as efficiency is down and deadlines are not met. The manager is taking a disproportionate relationship oriented leadership style, and he needs to be autocratic and enforce initiatives to improve efficiency and make them meet deadlines.

3 0
3 years ago
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The production of methamphetamine (meth) is a social problem in the Midwest. Iowa is considering two potential programs: Operati
Rina8888 [55]

Answer:

The answer is: C) Operation Methbust would reduce the supply of meth; Operation Say No would reduce the demand for meth.

Explanation:

Operation Methbust is about reducing the number of suppliers of methamphetamines by destroying meth labs and arresting those responsible. While Operation Say No to Meth is about reducing the demand of meth by educating possible consumers about the risks of using meth.

3 0
3 years ago
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A company has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts.
Galina-37 [17]

Answer:

  • Dr Bad Debt expense 6,000
  • Cr Allowance for Doubtful Accounts account 6,000

Explanation:

The total estimated bad debts are $4,800 (= $80,000 x 6%). So the Allowance for Doubtful Accounts account ending balance should be $4,800. Since this account is a contra asset account, the ending balance should be $4,800 credited.

But currently the account has a $1,200 debit balance (it's like -$1,200), so the adjustment record must be = $4,800 + $1,200 = $6,000

That way the ending balance = $6,000 - $1,200 = $4,800

The journal entries should be:

  • Dr Bad Debt expense 6,000
  • Cr Allowance for Doubtful Accounts account 6,000

3 0
3 years ago
Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into ac
blondinia [14]

Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into account T<u>hey will standardize them whenever possible.</u>

<h3>What is Globalization?</h3>

The contact and integration of people, businesses, and governments around the globe is known as globalization (Commonwealth English; see spelling variations). Since the 18th century, globalization has accelerated due to advancements in communications and transportation technologies. The expansion of international trade and the sharing of ideas, beliefs, and cultures are both results of the increase in global relationships. The main function of globalization is an economic process of connection and integration that has social and cultural components. However, the history of globalization and contemporary globalization both include significant amounts of disagreements and international diplomacy.

Globalization affects the economy in terms of commodities, services, information, technology, and financial resources. The opening up of international marketplaces has a liberating effect on trade in products and money.

To learn more bout Globalization from the given link:\

brainly.com/question/17863739

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8 0
2 years ago
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