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Alecsey [184]
1 year ago
9

Effectively communicating the strategic vision to company personnel is important because:__________

Business
1 answer:
Bas_tet [7]1 year ago
4 0

Effectively communicating the strategic vision to company personnel is important because------     if company personnel do not understand or accept the rationale for heading in the direction top management has charted, they are prone to resist or be indifferent to the changes management wants to make.

What is a strategic vision and why is it important?

A strategic vision not only outlines the organization's goals and purposes but also directly or indirectly establishes the standards in quality, work ethic and operational precision that each employee must reach for those goals to be achieved. It shows how an organization differs from all the others.

Effective communication:

Is the process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and understood with clarity and purpose. When we communicate effectively, both the sender and receiver feel satisfied.

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Indicate whether each of the following is counted in the United States gross domestic product for the year 2006. Explain your an
iVinArrow [24]

The value of used textbooks sold through an online auction in 2006 is the gross domestic product for that year.

<h3 /><h3>Which of the following variables is used when computing GDP?</h3>

The calculation of a country's GDP takes into account both total private and public consumption, government spending, investments, increases in private inventories, paid-in building expenses, and the international balance of trade. (Imports are deducted from the total, while exports are added.)

<h3>What are the gross domestic product's four components?</h3>

The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports. 1 That tells what a country is best at producing. GDP is a measure of a country's annual total economic production.

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3 0
1 year ago
A zero-coupon bond pays no annual coupon interest payments. When it matures at the end of 10 years it pays out $1,000. If invest
yanalaym [24]

Answer:

$532.73

Explanation:

we need to determine the present value of the bond:

Present value = future value / (1 + r)ⁿ

where:

  • future value (FV) = $1,000
  • r = 6.5%
  • n = 10 years

PV = $1,000 / (1 + 6.5%)¹⁰ = $1,000 / 1.065¹⁰ = $1,000 / 1.8771 = $532.73

4 0
3 years ago
Read 2 more answers
True or false: leadership is a narrow term that only refers to formal positions such as ceo and cfo.
ss7ja [257]

leadership is a narrow term that only refers to formal positions such as ceo and cfo. The statement given in question is false.

<h3>Just what is leadership?</h3>

Leading a team or an organization is "the action of doing so." Leadership is simply about taking chances and questioning the existing quo, to put it simply. Others are inspired by leaders to take on new and better challenges. Curiously, leaders pursue innovation rather than doing so out of necessity. By examining the team's accomplishments and progress, they gauge success. To limit risk and produce predictable results, management, on the other hand, entails assigning duties and motivating individuals to obey the rules. Planning, organizing, leading, and controlling are the manager's four primary responsibilities.

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4 0
1 year ago
for firms that adopt innovation as a core component of their strategy, price, not product performance, is the major selling feat
Delvig [45]

Price, not product performance, is the primary selling point for businesses who adopt innovation as a central component of their strategy, this is an untrue statement.

There is a misconception that the closed innovation paradigm underlies innovation produced by firms themselves. This innovation takes place wholly within the businesses, from idea generation through idea development, and is clearly specified within the boundaries of the businesses. To successfully implement closed innovation in a company, a number of criteria must be taken into account. Employee needs in closed innovation are particularly high, and the company intends to expand its pool of qualified personnel. The business must also safeguard its intellectual property.

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7 0
2 years ago
Which of the following is not a condition that must be satisfied before interest capitalization can begin on a qualifying asset?
Katena32 [7]

Answer:

The answer is D.

Explanation:

Cost of an asset includes the purchase price and other cost that are necessary to get the asset ready for its intended use and all these costs must be capitalized. Interest (borrowing cost) according to IAS 23( borrowing cost) states Interest directly involved in acquisition or construction or producing of qualifying assets must be capitalized i.e included in the cost of the asset.

3 0
3 years ago
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