All categories

4 years ago

Which of the following are integral parts of the managerial process of crafting and executing strategy?

Business

1 answer:

iVinArrow [24]4 years ago

3 0

Answer:

The correct answer is a. Developing a strategic vision, setting objectives, and crafting a strategy .

Explanation:

Management has the responsibility of charting the strategic course, establishing a series of objectives that allow it to choose a strategy that allows achieving everything planned. Likewise, the board of directors is responsible for defining and executing such strategies.

The management process has the following stages:

1. Define strategic vision.

2. Set Goals.

3. Develop the strategy.

4. Apply and implement the strategy.

5. Evaluate performance and implement controls.

You might be interested in

Lew Co. sold 200,000 corrugated boxes for $2 each. Lew's cost was $1 per unit. The sales agreement gave the customer the right t

Harlamova29_29 [7]

Answer:

a) $170,000

Explanation:

Total Sales = 200,000 X 2 = 400,000

-Sales Return = 400,000 X 5% = 20,000

=Net Sales = 380,000

-Cost of corrugated boxes = 200,000 X 1 = 200,000

=Gross Margin = 180,000

-Additional Cost = 10,000

=Operating profit = 170,000

8 0

4 years ago

Sheffield Company has the following production data for March: no beginning work in process, units started and completed 30,500,

Natasha2012 [34]

Answer:

Total Costs $ 675,880

Explanation:

Costs EWIP

Ending work in process 5,400 units

Materials = 5,400* $ 7 = $ 37800

Conversion = 5400 * 40 % * $ 13= $ 28,080

We multiply the unit costs to the the equivalent units to get the costs of ending work in process.

Cost Units Completed

Units Completed 30,500

Materials = 30,500* $7= $ 213,500

Conversion = 30,500* $ 13 = $ 396500

Similarly we multiply the unit costs to the the completed units to get the costs.

Materials Conversion

EWIP $ 37800 $ 28,080

Units Completed $ 213,500 $ 396500

Total $ 251,300 $ 424 580 

Total

Materials $215300

Conversion $ 424580

Total Costs $ 675,880

Now we add both costs to get the total costs which are equal to the given costs.

5 0

4 years ago

Patents and copyrights are considered to be what type of resource?

Oksi-84 [34.3K]

Answer:

The answer to your question is C.

Explanation:

3 0

3 years ago

Read 2 more answers

If product Y is an inferior good, a decrease in consumer incomes will rev:

Marat540 [252]

Answer: Option (B) is correct.

Explanation:

Inferior good is a good whose demand is inversely related with the consumers income. This means that if there is an increase in the income of the consumer then as a result demand for normal good increases but demand for inferior goods decreases.

On the other hand, if there is a decrease in the income of the consumer then as a result demand for normal good decreases but demand for inferior goods increases.

Hence, decrease in consumer incomes will increase the demand of product Y and the demand curve for product Y to the right.

4 0

3 years ago

Double taxation is a disadvantage of a corporation because the corporation has to pay income taxes at twice the rate applied to

Murrr4er [49]

Answer:

given statement is false

Explanation:

solution

the given statement is false because here Double Taxation meaning that income are taxed in the hand of corporation and then in the hand of shareholders

when dividends is distributed that does not meaning that the corporation pay double the tax of partnerships

so we can say given statement is false

6 0

3 years ago