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4 years ago

What are the benifits of strategic management process

1 answer:

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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Financial statements does not cover a period of time but rather reports amounts at a specific point in time?

SashulF [63]

The answer is: Balance sheet
The balance sheet on the financial statements will show the total amount of each accounts that the company manages to accumulate throughout its operational years. The amount of the balance sheet on current year will be used as a starting point when calculating the balance sheet for the next year

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4 years ago

How much would you have to deposit today if you wanted to have $54,000 in five years? Annual interest rate is 8%. (PV of $1. FV

mestny [16]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) How much would you have to deposit today if you wanted to have $54,000 in five years? The annual interest rate is 8%.

We need to use the following formula:

PV= FV/(1+i)^n

PV= 54,000/(1.08^5)= $36,751.49

B) Assume that you are saving up for a trip around the world when you graduate in two years. If you can earn 7% on your investments, how much would you have to deposit today to have $14,500 when you graduate?

PV= 14,500/1.07^2= $12,664.86

C) Calculate the future value of an investment of $643 for eleven years earning an interest of 8%.

FV= PV*(1+i)^n

FV= 643*1.08^11= $1,499.24

D) Would you rather have $643 now or $1,000 eleven years from now?

It depends on the interest rate. We will assume 8%.

PV= 1000/1.08^11= 428.88

It is better to have $643 today.

5 0

3 years ago

How does competition influence the price of a good to either purchase or produce

Elan Coil [88]

It influence it by lowering the price and if it's by producing then people would want to go to the store that has more of the product that people want.

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3 years ago

Steve wants to use Google Display Ads to reach new customers who are looking to purchase products similar to his. Which audience

jok3333 [9.3K]

Answer: In-Market audiences

Explanation:

In-market audiences are internet users who through their browsing history and tendencies have spurred Google to term them as users with <em>high commercial intent</em>.

Because of the analysis done by Google, they know what the users are looking for and so one can target specific ads at them. Steve can therefore use Google Display Ads to target those customers who are looking to buy similar products to his through In-market audiences.

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3 years ago

compared with the network evening news shows (those on abc, nbc, and cbs), cable news stations such as msnbc, fox news, and cnn

Orlov [11]

While network evening newscasts have stayed fairly constant throughout the years, the news programs that Americans watch on local television stations and national cable channels have altered substantially in recent years.

<h3>What change has been noticed?</h3>

Local television newscasts have recently emphasized traffic, weather, and sports, even more, aired less edited package stories, and cut the lengths of stories—trends that might be a result of the industry's current economic challenges.

There is a growing fear that local TV news may be suffering some of the financial difficulties that have already hammered the newspaper sector as younger people are tuning out local newscasts.

Learn more about local television, from:

brainly.com/question/5418404

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2 years ago