Strategic leaders manage the organization's resource portfolio effectively to exploit its core competency by organizing them into capabilities, structuring the organization to use the capabilities, and developing and implementing a strategy to leverage its human capital and social capital resources to achieve a competitive advantage.
Strategic leadership is required to help firms successfully navigate the dynamic and uncertain environment in which they need to compete today.
Human capital is the firm's repository of valuable knowledge and skills whereas social capital provides access to critical resources.
Human capital is the organization’s intellectual capital, which includes competencies, knowledge, skills and creativity.
According to the definition given in the Oxford dictionary Social capital is “the networks of relationships among people who live and work in a particular society, enabling that society to function effectively”.
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The reason why companies try to respond promptly to complaints is to D. minimize negative word of mouth and rumors.
<h3>Why do companies deal with customer complaints quickly?</h3>
A company's reputation is very important to it and can be the difference between success and failure.
To avoid losing this reputation to rumors and negative word of mouth, they respond to customer complaints quickly to calm the customer.
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Answer: The equilibrium will shift from right to left, and that would be a recessionary gap
Explanation:
Aggregate supply is the quantity of goods and services producers make available for sale and is equal to the money income received by the owner's of the factors of production. Aggregate demand is the total demand for final goods and services in the economy at a given period of time and at a given price level. It is the sum of money consumers planned to spent on the purchase of output in an economy at a given period of time.The equilibrium level of income is the income level at which aggregate supply equals aggregate demand. The Aggregate income on the other hand, is the total amount of income received by all factors of production in an economy at a given period.
If there is a decrease in aggregate income and spending in an economy, the equilibrium level of income shift from right to left and that would be a recessionary gap. The recessionary gap occurs when when the aggregate demand consisting of consumption, investment and government expenditure is not enough to create condition of full employment. It is the difference of the amount by which aggregate expenditure falls short of the level needed to generate equilibrium national income at full employment without inflation.
Answer:
Non cash expenses are the charges incurred by a company that educes the earnings and not the cash flows of a company.
Explanation:
A non-cash charge is defined as the accounting expenses or the write down expenses which does not involve a cash payment. The depletion, depreciation, stock-based compensation, amortization and the asset impairments are the common non cash charges which reduces the earnings but not the cash flows.
Non-cash expenses relates to he use of a company's equipment and tools which is used to run the company and which encounters depreciation and a degradation in its value or cost. Thus they are considered as the non cash expenses of a company.
Answer:
Market orientation
Explanation:
Market orientation is defined as a philosophy that focuses on identifying consumer needs and implementimg strategies to meet them. A company like Apple designs and produces goods that will satisfy consumer needs.
Market orientation consists of decision-making, market intelligence, culturally based behaviour, strategy, and customer orientation.
Apple conducts in-depth marketing research to determine what customers want. Its electronic devices are constantly upgraded so customers can purchase the newest models.
They are a company focused on market orientation.