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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.

Learn more about effective communication:

brainly.com/question/26152499

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Which one of the following best illustrates that the management of a firm is adhering to the goal of financial management?a. An
-BARSIC- [3]

Answer:

increase in the market value per share

Explanation:

Market value per share is the price that the share of a company can be traded if it is to be sold to a willing investor in a stock market.

The market value per share is determined by the company's financial performance, favorable market information concerning the enterprise, perceived future prospects plus investors or public confidence.

One of the goals of financial management is the maximization of the shareholders wealth, this will find expression in how the business actions or inaction of the management has enriched the shareholders.

5 0
3 years ago
Why might Joel want a shorter auto loan term?
Mashutka [201]
The total cost of the lone will be lower
6 0
3 years ago
Universal Travel, Inc. borrowed $500,000 on November 1, 2021, and signed a twelve-month note bearing interest at 6%. Principal a
marusya05 [52]

Answer:

The answer is D.

Explanation:

Interest expense is the amount of interest to be paid on borrowed money(bills, notes or bonds). Interest expense can be found on income statement. Income expense reduces the net income and profitability of the company. It is used to determine the solvency of a company.

In the question, Universal borrowed for 12 months from November 1, 2021 and the note matures on October 31, 2022.

For 2021, it will recognize 2 months(November 1, 2021 - December 31, 2021).

For 2022, it will recognize 10 months(January 1, 2022 - October 31, 2022).

Therefore, for 2022, Universal Travel, Inc. will recognize:

$500,000 x 6% x (10 months÷12 months)

= $25,000

5 0
3 years ago
What are the 6 major travel trade intermediaries
Daniel [21]
Retail travel agents.
Tour wholesalers and operators.
Corporate travel managers and agencies.
Incentive travel planners.
Convention/meeting planners.
4 0
3 years ago
The yield to maturity is always equal to the interest payment of a bond. <br> a. True <br> b. False
ella [17]
A. True, Yield to Maturity or called YTM is a measure of your annualized return if a bond, or all the bonds in a fund, are held to maturity.
3 0
3 years ago
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