Answer:
The acronym is PESTEL
Explanation:
P - Political factors affecting the economy e.g new government being elected.
E - Economic factors affecting the economy or the firm e.g changes in tax law.
S - Social factors affecting the economy e.g changes in population or consumers' belief.
T - Technological factors affecting the economy e.g new methods of producing goods or new methods of online banking
E - Environmental factors affecting the economy. e.g new pollution law
L - Legal factors affecting the economy e.g changes in labor law
Strategic leaders manage the organization's resource portfolio effectively to exploit its core competency by organizing them into capabilities, structuring the organization to use the capabilities, and developing and implementing a strategy to leverage its human capital and social capital resources to achieve a competitive advantage.
Strategic leadership is required to help firms successfully navigate the dynamic and uncertain environment in which they need to compete today.
Human capital is the firm's repository of valuable knowledge and skills whereas social capital provides access to critical resources.
Human capital is the organization’s intellectual capital, which includes competencies, knowledge, skills and creativity.
According to the definition given in the Oxford dictionary Social capital is “the networks of relationships among people who live and work in a particular society, enabling that society to function effectively”.
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Answer:
The APY is 14.9%
Explanation:
To find the annual percentage yield we need to compute the effective annual rate of interest.
The Effective annual rate of return(EAR) is the equivalent rate to be paid where compounding is done frequently at period or interval less than a year.
Compounding implies the regular interval when interest is always computed; in this scenario, it is monthly.
The EAR can be worked out as follows
EAR = ( (1+r)^m - 1 ) × 100
r- interest rate per period
m- number of periods in a year
EAR - Effective annual rate
r = 3.5%/3 = 1.167
% per month
m= number of months in a year = 12
EAR =( 1.01167^12-1)× 100 = 14.9%
The APY is 14.9%
This implies the quoted interest rate of 3.5% per quarter is the same as paying 14.9% per year
Answer:
b) synergy
Explanation:
Synergy -
It describes the benefit gain by strategically organizing itself to maximize innovation and cooperation .
These organization with synergic approach achieves more as a group than with individual .
hence , in the question , the approach shown by the Ortein company is an example of b) synergy .
