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2 years ago

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Managers of every company should be willing and ready to modify their strategies because?

1 answer:

Keith_Richards [23]2 years ago

8 0

Managers of every company should be willing and ready to modify their strategies because: a) market conditions and circumstances are changing over time or the current strategy is clearly failing.

<h3>Who is a manager?</h3>

A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization (company), especially by being morally upright, well behaved and promoting the business's vison, culture, and values at all times.

<h3>What is a marketing strategy?</h3>

Marketing strategy can be defined as a technique that is typically used by business firms to attract customers to their goods or service, especially by giving them a lower price during its initial operation and offering.

In conclusion, we can reasonably infer and logically deduce that managers of any company should be willing and ready to modify their strategies because market conditions and circumstances are dynamic, and as such changing over time or the current strategy is clearly failing.

Read more on marketing here: brainly.com/question/27534262

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Complete Question:

Managers of every company should be willing and ready to modify their strategies because

a) market conditions and circumstances are changing over time or the current strategy is clearly failing.

b) the task of crafting strategy is a one-time event.

c) the strategic vision necessitates periodic updating.

d) frequent changes in strategy make it very difficult for rivals to imitate.

e) all strategies are reactive.

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a company had net cash flows from operations of $139,000, cash flows from financing of $368,000, total cash flows of $557,000, a

Vanyuwa [196]

The Cash flow on total assets ratio equals 3.8%.

Cash flow on total assets = cash flows from operations / average total assets

= 139,000 / 3,640,000 = 3.8%

A measure of profit called cash flow on total assets measures actual cash flows to the assets of the business without taking into account income recognition or income measurements. By dividing operating cash flows by average total assets, one can obtain the cash flow on total assets ratio. There may be a considerable reason for concern if the ratio falls below 10%. For a business to sustain long-term growth, it is necessary to have a positive cash flow, which essentially implies that more money goes into the till than it does out.

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1 year ago

Performance goals are when there is a specific end product that the athlete wants to achieve independently. for example, strikin

tigry1 [53]

<span>Performance goal is a mental training technique used by an athlete to commit towards achieving a personal goal. It encourage a person to be more focus on task, enhances persistence and motivation to get the goal. Moreover, it is an effective tool in sports for performance improvement by having a strong self-efficacy to meet the goals.</span>

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3 years ago

Key question addressed by strategic management is "Why do some firms outperform other firms?" In other words, it examines how ac

Lina20 [59]

Answer:

The answer: ''In other words, it examines how actions and events involving top executives, firms and industries influence a firm's success or failure'' is correct.

Explanation:

To begin with, in the field of business the managers tend to be very agressive and competitive in order to set their companies in the top of the industry and therefore to obtain the maximun profits as possible.

To continue, the strategic management group wonder themself why do some firms outperform other firms and the answer to that question has many factors that influece the situation where that happens, in other words, it is normal that many companies with less resources, such as money or human knowledge, tend to give a worst performance that other companies that count with executives with huge experience or better economic situations in the industry. Moreover, it is known that the companies with a manager that knows how to manage the business with the resources it has and how to comprehend the situation where it heads will perform at a higher level than the other.

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3 years ago

A flexible budget: Multiple Choice presents a statement of expectations for a period of time but does not present a firm commitm

Drupady [299]

Answer:

presents the plan for a range of activity so that the plan can be adjusted for changes in activity levels.

Explanation:

A flexible budget presents the plan for a range of activity so that the plan can be adjusted for changes in activity levels.

In order to ensure the flexibility of a budget, it is usually updated to reflect the actual level of activity during the period and this helps to compare actual results with respect to the budget based on the actual activity over a period of time.

3 0

3 years ago

Current liabilities are usually recorded in the accounting records and reported in financial statements at their: full maturity

Citrus2011 [14]

Answer: Option (A) is correct.

Explanation:

Current liabilities are the short term debt of the companies which have to paid within one year or within a normal operating cycle. Company normally settle their current liabilities by utilizing current assets, either cash or initiating another current liability. Current liabilities are usually recorded at their full maturity value. It includes accounts payable, short term debt, accrued liabilities, and many other similar debts.

8 0

3 years ago