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2 years ago

What is the overall purpose of strategic management? multiple choice question. gain competitive advantage

1 answer:

5 0

Overall purpose of strategic management is to gain competitive advantage over competitors. Strategic management can be the key to delivering a stable bottom line in a marketplace where workplaces are constantly being disrupted by technology innovation. Creating a strategic vision necessitates knowledge of global trends, the competitive landscape, and stakeholder expectations.

Company executives who understand their own company's products or services as well as what their big competitors will do next can forecast and make timely business actions. It also means that they can plan for future possibilities and hazards. Strategic decisions and strategic management can help organizations improve their long-term competitive position.

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How many episodes of Seinfeld are there

klio [65]

I think it is 180 :)

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3 years ago

1. The three main types of banks (Large Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to te

user100 [1]

The answer is C. Online Bank, Credit Union, Traditional Bank
But one thing we need to consider despite the amount of interest rates is the safety of our account. Even though it may indeed true that traditional bank has the lowest interest rate from the three, it possesses the best account security compared to the other three because the traditional bank tends to be backed by the Feds.

6 0

3 years ago

Read 2 more answers

In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca

kykrilka [37]

Answer:

Accounting break-even

Case

1 11,386.13 units

2 = 28125 units

3 312.5 units

Cash break-even

Case Break-even

1 = 13,861.38

2 = 8125

3 = 312.5

Explanation:

Accounting break even is computed as

Break-even = (total fixed cost + depreciation ) /selling price - variable cost per unit

Case

1 = (7,000,000 + 1,250,000)/(2,800- 2,295)= 11386.13861

2 (65,000 +160,000)/(51-43 ) unit = 28125

3 (1,800 + 700)/ (12- 4)= 312.5

Cash break even

Under here only cash based fixed cost would be used , depreciation would be ignored. This is so because it is not a fixed cost .

Break-even = (total fixed cost ) /selling price - variable cost per unit

1 = (7,000,000 )/(2,800- 2,295)= 13,861.38

2 (65,000 )/(51-43 ) unit = 8125

3 (1,800 + 700)/ (12- 4)= 312.5

8 0

3 years ago

For a project, the following earned value data have been assessed: AC: $ 4,000,000 CV: $ -500,000 SPI: 1.12 BAC: $ 9,650,000 Wha

Morgarella [4.7K]

Answer:

The BCWS is also known as Planned Value (PV).

So, in this way, PV = 3.125.000

Explanation:

With the data we can obtain the PV as follows:

First, let's calculate EV as EV = CV + AC.

EV = -500.000 + 4.000.000 = 3.500.000

After this, we can calculate PV with this formula: SPI = EV/PV

PV = EV/SPI

PV = 3.500.000/1.12 = 3.125.000

We can conclude, with these results, that the project actually is forward about the schedule but with an overcost about the budget. In other words, the project advance must be 41% but now is on 36% due to the negative variance on the costs (CV).

7 0

3 years ago

The Purple Martin has annual sales of $687,400, total debt of $210,000, total equity of $365,000, and a profit margin of 5.9 per

enot [183]

Answer:

7.1%

Explanation:

Purple martin has an annual sales of $687,400

The total debt is $210,000

Total equity is $365,000

Profit margin is 5.9%

= 5.9/100

= 0.059

The first step is to calculate the net income

Net income= sales×profit margin

= $687,400×0.059

= $40,556.6

The next step is to calculate the total assets

Total assets= Total debt+Total equity

= $210,000+$365,000

= $575,000

Therefore, the return on assets can be calculated as follows

ROA= Net income/Total assets

= 40,556.6/575,000

= 0.0705×100

= 7.1%

Hence the return on assets is 7.1%

3 0

4 years ago