All categories

2 years ago

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

Business

1 answer:

iVinArrow [24]2 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

To remain viable, security policies must have a responsible individual, a schedule of reviews, a method for making recommendatio

Neko [114]

Answer:

(a) True

Explanation:

Security policies must have all this so as to protect the organization from threats, including computer security threats, and how to handle situations when they do occur.

3 0

2 years ago

Evans Inc. had current liabilities at April 30 of $74,100. The firm's current ratio at that date was 1.7.Required:Calculate the

bazaltina [42]

Answer:

* The firm's current assets and working capital at April 30:

+ Current asset $125,970

+ Working capital: $51,870

* The current ratio and working capital at April 30 as if the April 29 payment had not been made:

+ Current ratio: 1.57

+ Working Capital: $51,870

Explanation:

* The firm's current assets and working capital at April 30:

We have Current asset/ Current Liabilities = Current ratio <=> Current asset = Current liabilities x current ratio = 74,100 x 1.7 = $125,970.

Working capital = Current asset - Current Liabilities = 125,970 - 74,100 = $51,870.

* The current ratio and working capital at April 30 as if the April 29 payment had not been made:

- Current asset will be 125,970 + 17,200 = $143,170; Current Liabilities will be 74,100 + 17,200 = $91,300 ( as cash has not be deducted for account payable settlement, as a result, account payable is still maintained balance of 17,200 higher than the scenario where the payable had been settled).

=> Current ratio = 143,170/91,300 = 1.57; Working Capital = 143,170 - 91,300 = $51,870.

8 0

2 years ago

Read 2 more answers

Which of the four functions of management do you believe to be most important?

tigry1 [53]

Planning, organizing,leading, and controlling

5 0

2 years ago

The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis

rjkz [21]

Answer:

a. True

Explanation:

The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis. This process is also known as capital budgeting.

Generally, capital investment analysis or capital budgeting is used by business firms or governmental agencies to assess and measure the profitability of a long-term investment on a fixed asset such as real estate, machinery or factory equipments etc.

Hence, the management is able to choose the best option for investment after an assessment of which investment would yield a higher level of profits.

8 0

2 years ago

Which of the following are etiquette guidelines that promote positive workplace conversations?a. Avoid discussions of art and cu

Alina [70]

Answer:

The correct answers are letters "B", "C", and "D": Give sincere and specific praise; Act professionally in social situations; Use correct names and titles.

Explanation:

Keeping a safe environment at the workplace implies following a set of good practices that benefit employees individually and to the overall organization. Greeting each other respectfully at the beginning of the day and farewelling coworkers on the way out of work are basic, simple customs that promote a familiar atmosphere.

Besides, giving praise after achieving certain goals; acting professionally in the company's casual events; or, referring to each other with titles accordingly also contribute to promoting a peaceful environment at work.

3 0

2 years ago