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olga_2 [115]
3 years ago
7

Before introducing the new software, Star Software Inc., conducted benchmark activities to assess how popular the product would

be in the marketplace. Which stage of the strategic management process is being used in this situation?
Business
1 answer:
STALIN [3.7K]3 years ago
7 0

Answer:

Assess the current reality

Explanation:

Assessing the current reality of a product in the market is a very important stage before introducing the real product. It helps to analyse the strength and weakness of a product and helps companies to improve them in a short period. To access the current reality the best procedure is to conduct a SWOT analysis.

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Scenario:
pantera1 [17]

Answer:

  1. BetaCo  
  2. BetaCo

Explanation:

BetaCo raised the salaries of everyone in the company meaning that even those who were not getting paid so much saw their salaries increase. Employees here will feel more appreciated as a result of this financial incentive as opposed to AlphaCo that neglected to cater for all its employees in an equal manner.

BetaCo will outperform AlphaCo over the next year all else equal because motivated employees tend to work harder for a company. In addition, BetaCo increased the salaries of key staff by more than 5%. Those key staff will work harder as a result of this incentive and push the company further than AlphaCo.

5 0
3 years ago
For over 700 years, the city of granada and much of spain was ruled by which people?
Leni [432]
The city was mostly ruled by Muslims.

The <span>history of Spain</span><span> dates back to the Early </span>Middle Ages<span>. In 1516, </span>Habsburg Spain<span> unified a number of disparate predecessor kingdoms; its modern form of a </span>constitutional monarchy<span> was introduced in 1813, and the current </span>democratic constitution<span> dates to 1978.</span>
4 0
3 years ago
7. Opal Lindsay has just taken out a loan at her bank. The bank is charging her 12 percent compounded monthly. How much is Ms. L
guajiro [1.7K]

Answer:

12.68250%.

Formula:

Basic formula for compound interest:

At = A0(1+r)n

where:

A0 : principal amount, or initial investment

At : amount after time t

r : interest rate

n : number of compounding periods, usually expressed in years

3 0
3 years ago
When a business owner is asked how the business is doing and she replies,
Rama09 [41]

Answer:

That we are no profit and loss position.

Explanation:

Breakeven point is the point at which the company is at no profit no loss position. If the lady is saying that we are breaking even, its one explanation is that all that we have earned has covered all of our costs. The second explanation is dependant on the fixed cost considered. If the fixed cost considered is for whole of the year and we are breaking even at the 8th month then the contribution in the next four months would be 100% profit.

5 0
3 years ago
Young married couples that find themselves running out of money at the end of the month might be well advised to:
xxMikexx [17]
Keep track of all their expenses
7 0
3 years ago
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