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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.

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Why do we need taxes

suter [353]

Taxes give the government the money they need to afford military spending, social programs, public workers and other government activities.

7 0

3 years ago

Read 2 more answers

Sheridan Corp. paid a dividend of $2.30 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for

qaws [65]

Answer:

$24.15

Explanation:

The formula for determining is the present value of a cash flow in perpetuity provided below:

share price=last dividend*(1+terminal dividend growth rate)/(required rate of return-terminal dividend growth rate)

last dividend=$2.30

terminal dividend growth rate=5%

required rate of return=15%

share price=$2.30*(1+5%)/(15%-5%)

share price=$2.415 /10%

share price=$24.15

6 0

3 years ago

ACS Industries is considering a project with an initial cost of $6.2 million. The project will produce cash inflows of $1.8 mill

jek_recluse [69]

Answer:

$0.710 million

Explanation:

The net present value of the project is the present value of future cash inflows discounted at the appropriate project discount rate minus the initial investment outlay.

The weighted average cost of capital of the firm is computed using the formula below:

WACC=(weight of equity*cost of equity)+(weight of debt*after-tax cost of debt)

debt-equity ratio=debt/equity= 0.6(which means debt is 0.6 while equity is 1 since 0.6/1=0.6)

weight of equity=equity/(equity+debt)

weight of equity=1/(1+0.6)=62.50%

weight of debt=debt/(equity+debt)

weight of debt=0.6/(1+0.6)=37.50%

cost of equity=9.4%

after-tax cost of debt=pre-tax cost of debt*(1-tax rate)

pre-tax cost of debt=6.7%

tax rate=35%

after-tax cost of debt=6.7%*(1-35%)=4.36%

WACC=(62.50%*9.4%)+(37.50%*4.36%)

WACC=7.51%

The WACC would be adjusted upward by 2% to reflect the higher level of risk of the new project

project's discount rate=7.51%+2%=9.51%

present value of a future cash flow=future cash flow/(1+discount rate)^n

n is the year in which the future cash flow is expected, it is 1 for year 1 cash flow ,2 for year 2 cash flow, and so on.

NPV=$0.710 million($710,000)

5 0

3 years ago

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the

g100num [7]

Have no clue sorry that is not the answer

8 0

3 years ago

When business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerne

lana [24]

Answer:

Business Process Reengineering (BPR).

Explanation:

In Business Process Reengineering (BPR), when business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerned with cost or much lower-level employee input and decides to take a radical approach that involves a high risk and a lot of time, we can conclude that it has used the Business Process Reengineering (BPR).

Hence, Business Process Reengineering (BPR) is a strategic approach to evaluating and designing business processes and workflow in order to successfully achieve organizational set goals and objectives in product quality and output.

7 0

3 years ago