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kenny6666 [7]
4 years ago
15

What are the benifits of strategic management process

Business
1 answer:
skelet666 [1.2K]4 years ago
3 0
These are some of my personal benifits of strategic management process:

It allows organizations to be proactive rather than reactive. A strategic plan allows organizations to foresee their future and to prepare accordingly.

It sets up a sense of direction.

It increases operational efficiency.

It helps to increase market share and profitability.

It can make a business more durable.





I hope it helped you!
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What are the most important benefits of using virtual reality in business training?.
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The most important benefits of using virtual reality in business training is that its let the trainees undergo at similar experience that they will encounter in real world.

<h3>What is a Virtual Reality?</h3>

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What is the difference between real and nominal gross domestic product (GDP)? Nominal GDP is measured in dollars, whereas real G
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Explanation:

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3 years ago
What accounts are affected. issued check $644 to pay for an advertisement
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Answer:

Bank and Advertisement accounts

Explanation:

Journal entries

Advertisement       A/c Dr     $644

To Bank               A/c                $644  

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3 years ago
Don James purchased a new automobile for $15,000. Don made a cash down payment of $3,750 and agreed to pay the remaining balance
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The monthly payments are calculated below.

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Total monthly instalments= 15,000-3,750

=11,250

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FV=PV (1+r)n

i) FV=12,000*(1.08)16

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ii) FV =16,000*(1.05)15

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3 years ago
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