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Ostrovityanka [42]
3 years ago
13

Which of the following statements is true? A) Corporate mission is shaped by functional strategies. B) Corporate strategy is sha

ped by functional strategies. C) Functional strategies are shaped by corporate strategy D) Extemal conditions are shaped by corporate mission. E) Functional area missions are merged to become the organizational mission.
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
6 0

Answer:

The answer is C, functional strategies are shaped by corporate strategy

Explanation:

Corporate strategy are plans, procedures, policies and other form of strategic documentation that defines the company or organisation overall progress. The strategic document at this stage is designed by decision makers at the highest hierarchy of the organisation.

While

Functional strategy are strategic process and polices already designed by the governing or deciding body of topmost hierarchy and passed down to functional operational department  of an organisation to adopt.e.g, operations department, finance department, training department,etc. they are mostly at the base of the chart.

Therefore, The functional strategy are shaped by corporate strategy.

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Sweet Sue Foods has bonds outstanding with a coupon rate of 5.02 percent paid semiannually and sell for $1,948.34. The bonds hav
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Answer:

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Explanation:

Following data provided in the question

Coupon rate = 5.02%

Present value of the bond = $1,948.34

Par value = $2,000

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By considering the above information, the current yield on the bond is

= (Par value × coupon rate interest) ÷ (Present value of the bond)

= ($2,000 × 5.02%) ÷ ($1,948.34)

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Andrew is a financial planner and charges fees of 2% for every investment made. He made investments worth $500,000. What amount
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