Answer:
e) transitioning upward in an organization.
Explanation:
Based on the information provided within the question it can be said that this is good advice for those who are transitioning upward in an organization
. This is because it allows them to understand how to always perform their best regardless of the position they are in within the organization, and by doing so giving them better chances to ascend.
Answer:
The correct answer is A. True
Explanation:
Disaster recovery plan refers to the processes set up by a company to ensure business continuity in the event of a natural or man-made disaster.
A good example of disaster recovery in an organization (like a bank) is the setting up of auto-replicating IT infrastructure in a different global region so that if the first region fails, the other region can instantly take over and prevent the bank's business from collapsing.
Answer:
will incur an increase in income in the amount of $500
Explanation:
If the company will accept the additional order and it wont affect the current sales, the costs that are relevant to decision making process is the possible increase in the sales and the possible increase in the costs incurred.
The increase in sales is computed by multiplying the number of units (10,000) and the selling price that the potential customer is willing to pay ($0.75).
So, 10,000 units x $0.75 = $7,500
By the moment the company will accept the order, their cost will increase to $82,000 from its original cost of $75,000. Hence, an increase of $7,000 ($82,000 - $75,000) will arise.
As a result of the foregoing analysis, an increase of $7,500 in sales less the increase of cost in the amount of $7,000 provides an additional income of $500.
Answer:
(a) Strategy recommended for initial expansion
Target Markets
Market Entry
(b) Factors to consider when pursuing the expansion strategy
Brand Recognition
Cultural Understanding
Explanation:
There are two parts of this question. Therefore, they are written in details below as points (a) and (b)
<u>(a) Strategy recommended for initial expansion</u>
<u>Target Markets</u>
In order to proceed with any idea/plan at a strategic level, one must consider doing their homework. This means to understand the international customers, what do they buy, at what price is the goods preferred, which methods of shopping best suits them and so on.
<u>Market Entry</u>
Planning on how to enter the market is an important strategy in the plan for initial expansion. This could be achieved by acquiring another business and/or selling unique product/service.
(b) Factors to consider when pursuing the expansion strategy
<u>Brand Recognition</u>
One must question whether your brand is recognized in the market or not and at what level is it recognized. Awareness of brand existence have increased significantly with the help of social media. However, the same could be said about the number of brands available in the market for a single good/service. Therefore, research must be conducted before expanding into new territories.
<u>Cultural Understanding</u>
Culture is different in each country and based on which different market strategies needs to be implemented for each country. Let's say you approach a country where language of the country is not known to your existing employees. Therefore, you may need to train them first before working in the country and this could amount to a significant cost. It's best to start expansion in those countries where you have better cultural understanding.
Answer:
Y : Z = 3 : 1
Explanation:
Given:
X's share = 2/3
Y's share = 1/4
Z's share = 1/12
Find:
New ratio, when X retires
Computation:
X retires , So remain partners are 'Y' and 'Z'
Y's share = 1/4
Z's share = 1/12
Y : Z = 1/4 : 1/12
By taking LCM:
Y : Z = 3/12 : 1/12
Y : Z = 3 : 1