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10 months 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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compass Bank is offering an APR of 0.8 %compounded daily on its savings accounts. if you deposit $2,500 today, how much will you

Alenkasestr [34]

Answer:

Explanatio$312,752

Explanation:

Weekly interest rate = [(0.06/365 + 1)^7] -1 * 100

Weekly interest rate = 1.0011525255 - 1 * 100

Weekly interest rate = 0.0011525255 * 100

Weekly interest rate = 0.1152%

No. of periods =52 weeks * 25 years = 1300

N = 1300; I/Y = 0.1152; PV = -2500; PMT = -100

Amount accumulated at the end = FV(1300, 0.1152, -2500, -100)

Amount accumulated at the end = $312,752 approximately

7 0

2 years ago

Presented below is information related to Wise Company at December 31, 2017, the end of its first year of operations.

Elenna [48]

Answer and Explanation:

The computation is shown below:

Sales revenue $775,000

Less: Cost of goods sold 350,000

Gross profit 425,000

Less: Selling administrative expenses 125,000

Income from operations 300,000 (a)

Income from operations

Other revenues and gains

Add: Gain on sale of plant assets 75,000

Other expenses and losses

Income before other expenses and losses 375,000

Less: Interest expense 15,000

Income from continuing operations 360,000

Less: Loss on discontinued operations (30,000)

Net Income 330,000 (b)

Net income

Less: Allocation to noncontrolling interest (100,000)

Net income attributable to controlling shareholders $230,000 (c)

Net income $330,000

Add: Unrealized gain on available-for-sale investments 25,000

Comprehensive income $355,000 (d)

e. Retaining earnings opening balance $0

Add: Net income $330,000

Less: Dividends (12,000)

Closing Retained earnings $318,000 (e)

7 0

3 years ago

Assume real per capita GDP in North Metropolania is $6000 while in East Vice City it is $1500. The annual growth rate in North M

hoa [83]

Answer:

It would take East Vice City 36 years to catch up to the real per capita GDP of North Metropolania

Explanation:

Please find the detailed explanations and calculations as below:

Denote x is the number of years that needs to be found.

For East Vice City to catch up to the real per capita GDP of North Metropolania, we have the equation to show the real GDP of North Metropolania equals to that of East Vice City after x years as followed:

6,000 x 1.0233^x = 1,500 x 1.07^x <=> 4 x 1.0233^x = 1.07^x <=> x = 36 years

6 0

3 years ago

g A decrease in aggregate demand will cause prices to fall according to classical economists, and unemployment to increase accor

Mashcka [7]

Answer:

prices to fall according to the classical economists and unemployment to increase according to Keynes.

Explanation:

The classical economists believes that a decrease in aggregate demand for goods produced would being about fall in the prices of such goods. What this implies is that as more goods are produced, if such production is not backed by corresponding demand by consumers, the prices of such goods produced will eventually fall because supply is greater than demand.

For the Keynes, their argument is that a decrease in aggregate demand will cause unemployment to increase. This is because owners of businesses or employers would lay off their employees when goods produced exceeds the demand for such production by consumers. Here, owners of businesses pays their employees through sales of goods produced. So, when the goods produced are not purchased, then there will be excess availability of such goods; hence no sale or profit, from which salaries would be paid. The next step is to start laying off employees because employers cannot cover their running costs.

7 0

2 years ago

Governments may create to discourage companies from producing negative externalities.

denpristay [2]

By removing them i believe

8 0

3 years ago

Read 2 more answers