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.
<span>If a firm is selling a search good, you will no doubt find them using informational advertising to promote their product because it has proven to be the most effective for this type of good. On the other hand, if they are selling an experience good, the advertising they will probably employ is persuasive advertising. Many companies have spent millions of dollars researching the best form of advertising for each product they offer for sale.</span>
Answer: See explanation
Explanation:
In a situation whereby the attorney of the passenger tried resolving the dispute in good faith, then the bus company must be ordered by the court to produce the report as well as the payment of reasonable cost that was incurred in making the motion.
It should however be noted that such cost may not be awarded when the movant had filed the motion before obtaining the disclosure in good faith. Also, the cost with be given when the nondisclosure response of the opposing party was justified.
Answer:
Option (c) is correct.
Explanation:
Stephen can move 70 boxes or bake 28 cookies:
Opportunity cost of moving a box = (28 ÷ 70)
= 0.4 cookies
Opportunity cost of baking a cookie = (70 ÷ 28)
= 2.5 boxes
LeBron could move 24 boxes or bake 6 cookies:
Opportunity cost of moving a box = (6 ÷ 24)
= 0.25 cookies
Opportunity cost of baking a cookie = (24 ÷ 6)
= 4 boxes
Yes, trade is possible.
Stephen has a comparative advantage in baking cookies because of the lower opportunity cost than LeBron, so he is specialized in baking cookies.
On the other hand, LeBron has a comparative advantage in moving boxes because of the lower opportunity cost than Stephen, so he is specialized in moving boxes.
Answer:
C . Consulting
Explanation:
Ray, a manager at Senzel Inc. is utilizing consulting skills.
The lower-level managers he discusses with in order to understand the effect the software will have on the internal environment of the company refers to the CONSULTANT in this scenario.
Consulting can be defined as the process of giving advice or seeking the help of professionals regarding a particular subject in a specific field.
Consulting means to engage in the business of giving advice to professionals in a particular field.
Consulting is the act of helping people to solve problems of moving from their current level to their desired level.
A consultant refers to a professional who renders the service of giving advice to people in a particular field mostly in exchange for a fee.
