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Virty [35]
2 years ago
5

What are reasons why strategic planning may not occur sequentially?

Business
1 answer:
olga nikolaevna [1]2 years ago
5 0

There are several reasons why strategic planning may not take place in order:

  1. When conducting a situation analysis makes it necessary to update the mission statement
  2. When there are insufficient resources to allow the execution plan to proceed
  3. When fresh strategic chances present themselves

Strategic planning is a process carried out by an organization to determine strategy or direction, and make decisions to allocate its resources (including capital and human resources) to achieve this strategy. Strategic planning is a management tool used to manage current conditions to project conditions in the future, so strategic plans are a guide that organizations can use from current conditions to work towards the next 5 to 10 years.

#SPJ4

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For each of the scenarios below, determine whether the employer is likely to be discriminating against a person because of age:
barxatty [35]

Answer and Explanation:

In the U.S., the Equal Employment Opportunity Commission (EEOC) is the authority protecting individuals from discrimination at work in any kind because of <em>race, gender, age, religion, ethnicity, nationality, language, sexual orientation, impairment</em> differences or any other type of unfair treatment not related to work itself.

Age discrimination could take place when certain groups of individuals are valued more than others because of their youth or because their white hair represents experience. In any situation, unequal opportunities are given which must be sanctioned. Thus:

A) A young lawyer who just finished work on a multimillion-dollar development deal downtown is hired by an economic development firm in lieu of an older lawyer who works on litigation.  

<em>This example does not represent discrimination because the election is based on performance rather than age. </em>

B) A large retail outlet hires a 30-year-old woman to greet customers instead of an 80-year-old woman who has been greeting customers in other stores for a decade.  

<em>This example reflects discrimination because a younger woman is hired mainly based on her age rather than her expertise. </em>

C) The owner of a local, hip smoothie bar in a university town just fired a graduate student who had worked at the bar for three years and instead hired a college sophomore.

<em>This example represents discrimination since a younger student is hired to replace another student who was in the last year of university.</em>

3 0
3 years ago
Motivation consists of being enthusiastic, energized, and engaged to achieve a goal or objective. The three basic elements of mo
Vlad1618 [11]

Answer:

The statement is: True.

Explanation:

Motivation is what drives individuals or organizations to achieve their objectives. Leaders must find ways to keep their subordinates constantly incentivized so their productivity level remains at their highest level possible. In some other cases, reaching personal goals is what drives people. In such scenarios <em>pride, self-interest, </em>and <em>success</em> boost individuals' morale pushing them to their limits.

6 0
3 years ago
Read 2 more answers
Assume the market basket contains 20X, 30Y, and 50Z. The current-year prices for goods X, Y, and Z are $2, $6, and $10, respecti
Aneli [31]

Answer:

CPI for the current year  = 200

Explanation:

Given;

Contents in market basket

20X, 30Y, and 50Z

The current-year prices for goods

X = $2

Y = $6

Z = $10

The base-year prices are

X = $1

Y = $3

Z = $5

Now,

Total cost of market basket in the current year

= ∑ (Quantity × Price)

= 20 × $2 + 30 × $6 + 50 × $10

= $40 + $180 + $500

= $720

Total cost of market basket in the base year

= ∑ (Quantity × Price)

= 20 × $1 + 30 × $3 + 50 × $5

= $20 + $90 + $250

= $360

also,

CPI for the current year = \frac{\textup{Cost of market basket at current year prices}}{\textup{Cost of market basket at base year prices}}\times100

or

CPI for the current year = \frac{\$720}{\$360}\times100

or

CPI for the current year = 200

8 0
3 years ago
What is goodwill in a business sale and why is it amortized in the business financial statements
astra-53 [7]

Answer:

See below

Explanation:

Goodwill arises when is a business is acquired as a going concern. It is an intangible asset of a business. Goodwill represents the value of a company's customer base, its location, any patents, and the brand name. It consists of the value of suppliers, customers, and employee relationships that facilitates the smooth running of the business.

The value of goodwill is the difference between the purchase price and the net cost of its tangible and other intangible assets of a business. Amortization of goodwill means spreading the cost of goodwill to several financial years.

Goodwill is amortized because the business benefits from the goodwill for many years.  In other words, the expenditure on goodwill will profit the company in more than one financial year. As per the matching principle, expenses and incomes should be recognized in the period they occur. As benefits will be enjoyed in many years, the expenses should also be spread in similar years.

7 0
3 years ago
The expected return on Natter Corporation's stock is 14%. The stock's dividend is expected to grow at a constant rate of 8%, and
AysviL [449]

Answer:

d. The stock price is expected to be $54 a share one year from now.

Explanation:

Using dividend discount model(DDM), find next year's dividend;

P0 = D1/ (r-g)

50 = D1/(0.14-0.08)

50 = D1/ 0.06

Multiply both sides by 0.06 to solve for D1;

50 *0.06 = D1

3 = D1

Next, year's dividend is $3

Dividend yield = D1/P0;

= 3/ 50 = 0.06 or 6% hence choices A& B are incorrect.

Next year's price; P1 = P0(1+g)

P1 = 50(1.08) = $54 hence choice D is correct

7 0
3 years ago
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