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1 year ago

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

1 answer:

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.

Learn more about effective communication:

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An ____ is a group of individuals, working together to achieve shared job-related goals such as higher pay shorter working hours

podryga [215]

The answer is union or labor union. This is an group of workers who have come together to attain common goals such as guarding the integrity of its trade, refining safety standards, attaining higher pay and benefits such as health care and retirement, increasing the number of employees an employer allocates to complete the work, and better working conditions.

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3 years ago

The shareholders need to earn 20%. The firm can borrow at 5%. The risk free rate is 2%. The tax rate is 40%. Find the weighted a

lbvjy [14]

Answer:

11.5%

Explanation:

The computation of the weighted average cost of capital is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)

= (0.50 × 5%) × ( 1 - 40%) + (0.50 × 20%)

= 1.5% + 10%

= 11.5%

Basically we multiplied the weightage of capital structure with its cost so that the weighted average cost of capital could come

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3 years ago

T. L. Jones Trucking Services establishes a petty cash fund on April 3 for $500. By the end of April, the fund has a cash balanc

djyliett [7]

Answer:

The question is missing some figures which can be seen from the attached image.

Petty cash is a fund set aside in the office to pay minor day to day expenses incurred.Usually, an amount is made available at the beginning of period called float,from which expenses can be paid and the amount equal to spend is reimbursed at the end of the month.

In order, to make payment even more easier,some businesses take up credit cards from financial institutions,from which expenses can be paid on account.

The balance of $415 means in petty fund,implies that $85 spent needs to be replenished at month end and that the remaining expenses were paid with credit card.

Explanation:

Find in the attached spreadsheet the entries posted in respect of petty cash and credit card expenses in the month.

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3 years ago

Shantel has a checking account balance of $318.59. She wrote a check to United farmers Market for $52.17. What is Shantel's new

AlladinOne [14]

Answer:

$266.42

Explanation:

$318.59-$52.17=$266.42

6 0

3 years ago

A company is doing business with a German entity and, as a result, has entered into a forward exchange contract on December 18,

elena-14-01-66 [18.8K]

Answer:

$18,000 gain

Explanation:

Calculation for the amount of foreign currency gain or loss that should be recognized in income on December 31, year 2

Since Forward rate was given as:

December 18, year 2 $1.25

December 31, year 2 $1.31

Which means we have to Deduct the forward rate of December 18, year 2 which is $1.25 from the forward rate of December 31, year 2 which is $1.31 and then multiply it by the amount in which forward rate was purchased which is 300,000 Euro which will in turn give us the amount of foreign currency gain that should be recognized in income on December 31, year 2

Now let calculate

Forward rate December 18, year 2 $1.25

Less Forward rate December 31, year 2 $1.31

=$0.06 gain per Euro

Now let calculate for the amount of foreign currency gain that should be recognized in income on December 31, year 2

Hence,

Forward rate purchased amount 300,000 Euro ×$0.06 gain per Euro

=$18,000 gain

Therefore the amount of foreign currency gain that should be recognized in income on December 31, year 2 will be $18,000 gain.

6 0

3 years ago