All categories

3 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!

You might be interested in

During the summer months, the local drug store displays everything needed to make s'mores at the front of the store in a campfir

monitta

Answer:

D: Loss leading

Explanation:

Loss leading or the loss leaders is the concept where we decree the price of certain well known and popular products to such a level that customers are amazed. We even start selling that product below its cost as well. The basic logic behind loss leaders is to increase the store traffic and therefore increasing the sales. For example, if everyone is selling eggs at $2 per dozen, and you get it at $1.5 from the whole seller then you can either sell it at the same amount on which you purchasing it from the whole seller, at $1.5 or even below than this at £1.3. People knows that eggs are usually sols at $1.5 but your concept of loss leading will attract them towards your store, and besides purchasing eggs at $1.3, they will also but many other high profit margins products as well.

4 0

3 years ago

Good it management which is necessary for a great it plan should

Nadya [2.5K]

Good IT management which is necessary for a great IT plan should advise management if technology being considered to solve a problem is not yet proven. Before an IT team decided to use a new type of technology, it is important for them to make sure they have tested the technology and it has proven its capabilities. It is necessary for the technology to prove it can finish all of it's required tasks for the technology to be integrated into their system.

5 0

3 years ago

The bond has a 12% annual coupon rate, a $1,000 par value, it matures in 15 years and pays coupon quarterly. The current bond pr

Vladimir79 [104]

Answer:

A. 14.28%

Explanation:

As per Approximation formula,

Quarterly yield = (A + B / C) * 100

A = Quarterly coupon = 12% of 1,000 / 4 =30

B = (Redemption - Price value / Number of coupon) = (1,000 - 900) / (15 * 4)

= 1.667

C= (Redemption value + Price / 2) = 1,000 + 900 / 2 = 1,900 /2 = 950

Quarterly yield = 30 + 1.66667 / 950 = 31.6667 / 950 = 0.03333

Quarterly yield = 3.33%

Using the calculator, we get exact Ytm quarterly = 3.3925%

Effective amount yield = {(1 + 0.033925)^4 - 1} * 100

Effective amount yield = 0.142762 * 100

Effective amount yield = 14.2762%

Effective amount yield = 14.28%

4 0

3 years ago

The purpose of the news media is to do which of the following?

wolverine [178]

Answer:

The purpose of the news media is to provide information

Explanation:

The news media gives target information that enables individuals to use sound decisions. The motivation behind news media is to offer projects and administrations that illuminate, teach, instruct, and enhance general society and help educate everyday talk fundamental to American culture. It is CPB's specific duty to empower the advancement of substance that includes innovative hazard, and that tends to the requirements of unserved and underserved spectators, particularly youngsters and minorities. CPB goes about as a watchman of the essential purposes for which open telecom was set up.

7 0

2 years ago

Adam is a part-time employee who earned $495.00 during the most recent pay period. He is married with two withholding allowances

Akimi4 [234]

Answer:

Amount of Social Security tax = $30.69

Explanation:

given data

earned = $495.00

pay = $6,492.39

to find out

How much should be withheld from Adam's gross pay for Social Security tax

solution

we assume here no pre tax is deductions

and social security tax rate is 6.2%

so Amount of Social Security tax will be

Amount of Social Security tax = earned × social security tax

Amount of Social Security tax = $495 × 6.2%

Amount of Social Security tax = $495 × 0.062

Amount of Social Security tax = $30.69

5 0

3 years ago