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GenaCL600 [577]
3 years ago
6

Is a plan of action to achieve a particular set of objectives?

Business
1 answer:
vitfil [10]3 years ago
4 0
Strategy is a plan of action to achieve a particular set of objectives. Strategy looks at the external environment and the internal (organizational) environment in order to create strategic advantage. Strategic advantage occurs when the organization analyzes the environment better and reacts quicker than its competitors. 
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Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The
frutty [35]

Answer:

$400,000

Explanation:

Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment

Differential revenue= $200x2,000 units

Differential revenue= $400,000

Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000

6 0
3 years ago
During June, Buttrey Corporation incurred $73,000 of direct labor costs and $13,000 of indirect labor costs. The journal entry t
QveST [7]

Answer:

                                                            Dr.             Cr.

Work in process                             $73,000

Manufacturing overhead                $13,000

Account Payable                                              $86,000

Explanation:

The Direct cost are those which are directly attributable to the product or service under consideration. Indirect cost are those which cannot be directly assigned to product or service cost. All the direct cost is added to the work in process account and indirect cost are included in the manufacturing overhead account.

4 0
3 years ago
The​ ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders a
ira [324]

Answer:

The​ classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.

Explanation:

4 0
1 year ago
Who creates and influence the culture of an organization
Svetradugi [14.3K]

Answer: Business Leaders

Explanation:

Business leaders are vital to the creation and communication of their workplace culture. However, the relationship between leadership and culture is not one-sided. While leaders are the principal architects of culture, an established culture influences what kind of leadership is possible (Schein, 2010).

8 0
2 years ago
Kate wants to analyze the target audience for her company’s product. She wants to understand their needs so she can relate to th
damaskus [11]

Answer:

psychological and social

8 0
3 years ago
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