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slavikrds [6]
3 years ago
15

Jennifer couldn't believe her bad luck. The business-planning cycle at Allworld Insurance was almost over. The only thing her bo

ss had asked her to do was to make copies of four sets of final plans. Each set contained a different level of planning and each was supposed to be delivered to a different manager for review. But now those documents are all over the floor. Everyrhing has to be back in the right order as quickly as possible. Knowing that you are a planning expert, Jennifer asks for your help. She tells you that Allworld Insurance uses an aligned, or cascading, goal system. You can expect to see each set of plans flow in a logical way throughout the company.
Complete the table and help Jennifer by selecting the correct types of plans that match the given statements.
1) We are known for our operating efficiency and for reducing insurance costs for our customers.
(A) Operational.
(B) Strategic.
(C) Tactical.
(D) Mission statement.
2) The Human Resource Division will reduce the overall cost of fullfilling employment requisitions by eliminating the use of outside recruiting agencies.
(A) Strategic.
(B) Mission Statement.
(C) Tactical.
(D) Operational.
3) We will eliminate redundencies throughout the corporation to decrease our overall expenses by 20%.
(A) Mission Statement.
(B) Operational.
(C) Strategic.
(D) Tactical.
4) Each human resource employee will use advertisements and personal networking to attract at least 10 qualified applicants per open position.
(A) Operational.
(B) Mission statement.
(C) Strategic.
(D) Tactical.
Identify the problem with each of the following goals.
1) To increase Ford SUV sales in Dubai by 300%.
(A) Not specific.
(B) Not measurable.
(C) Not result-oriented.
(D) Not time-bound
2) To sell 2% more air conditioners and 5% more refrigerators in 2014.
(A) Not specific.
(B) Not measurable.
(C) Not result-oriented.
(D) Not time-bound.
Business
1 answer:
Natalija [7]3 years ago
4 0

Answer:

Explanation:

Strategic plans: They are those who seek to fulfill the company's wishes in the long term. They are usually described in a general way and are executed through tactical plans.

Tactical plans: They are those who take the strategic plans and turn them into specific activities for their execution and development.

Operational plans: Operational plans are all those that seek to create the mechanisms to plan and fulfill tactical plans.

Mission Statement: is the set of general objectives and principles of work to grow the company.

According to this definitions the answers are:

1) (D)Mission statement.

2) (A)Strategic.

3) (D)Tactical.

4) (A)Operational.

Goals questions:

1) (D) The statement does not specifies the time limit to accomplish the goal.

2) (A) Information regarding the type of air conditioners and refrigerators to be sold and the place where the goal is set is missing.

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Imagine that the Brazilian aircraft manufacturer Embraer purchases a 10 percent share of a Canadian aircraft distribution compan
otez555 [7]

Answer: Forward Integration

Explanation:

Forward integration is a process where a company takes over the control of another company that is further along in the value chain so that it might be able to sell or distribute is goods more effectively. For example, an oil company taking over a petroleum products company.

In this scenario, the Brazilian company purchased a huge part of a company further along in distribution in order to facilitate better sales so this is forward integration.

6 0
3 years ago
Which statement best describes the two billing cycle method that some credit card companies use
Alborosie

Answer:

Double-cycle billing is a method used by creditors, usually credit card companies, to calculate the amount of interest charged for a given billing period. It takes into account not only the average daily balance of the current billing cycle (usually one month), but also the average daily balance of the previous cycle.

Explanation:

idk...my mom helped me answer this for you

3 0
3 years ago
The ABC Company is planning a new product line and will build a new plant to manufacture the parts for a new product line. The p
NikAS [45]

Answer:

a. Number of production operations = 120,000,000 per year.

b. Number of Workers = 1,000 workers.

C. Size = 250,000 ft²

Explanation:

a

Number of production operations is calculated as;

50 models * 1000 units * 400 components * 6 steps

Number of production operations = 120,000,000 per year.

b.

Number of workers is calculated as;

Total operation time ÷ factory operating hours per year;

Factory Operating Hours = 2000.

Calculating total operation time;

= 120,000,000 * 1hr/60min

= 2,000,000 hr/yr

So. Number of workers = 2,000,000 ÷ 2,000

Number of Workers = 1,000 workers.

c. Size of floorspace

Size = Number of workstations * floorspace

Number of workstations = number of workers = 1000

Floorspace = 250ft²

Size = 1000 * 250

Size = 250,000 ft²

3 0
3 years ago
Mort Zuba, an automobile company, needs to pay off its loans to banks the following year. The company plans to sell its factorie
harkovskaia [24]

Answer:

Mort Zuba's ability to sell its factories in Astonsia to pay its debts is measured by calculating <u>Liquidity ratios.</u>

Explanation:

Liquidity ratios are the ratios that measure the ability of a company to meet its short term debt obligations. These ratios measure the ability of a company to pay off its short-term liabilities when they fall due.

4 0
3 years ago
Hot and Cold has annual sales of $982,000, annual depreciation of $127,000, and net working capital of $243,000. The tax rate is
soldi70 [24.7K]

Answer:

$185,920

Explanation:

Calculation for What is the amount of the operating cash flow

Using this formula

Operating cash flow=(Sales *Profit margin)+Depreciation

Let plug in the formula

Operating cash flow=($982,000*6%)+$127,000

Operating cash flow=$58,920+$127,000

Operating cash flow=$185,920

Therefore the amount of the operating cash flow will be $185,920

3 0
3 years ago
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