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netineya [11]
2 years ago
9

Bill Schultz works at a high power investment firm in Los Angeles. Bill is responsible for promoting the firm's vision and creat

ing the companywide goals and strategies. He also monitors the overall strategic performance of the company and its direction for future business strategies. At what level of the organizational pyramid would you categorize Bill?
Business
1 answer:
kramer2 years ago
5 0

Answer:

Strategic level

Explanation:

Bill is at the strategic level of the organisational pyramid. He is responsible for allocating the resource of the organisation and taking decisions on behalf of the owners. Bill is at the strategic level because he is also required to make a strategic decision and goals for the company.  The strategic level of management is one of the important parts of any organisation, as the strategic performance of the company relies heavily on strategic management.

You might be interested in
The AIDA model describes how firms must motivate consumers to go from __________of a brand to taking __________toward obtaining
pantera1 [17]

Answer:

The correct answer is letter "E": attention; action.

Explanation:

The Attention, Interest, Desire, and Action (AIDA) model was proposed in 1898 by American advertiser E. St. Elmo Lewis (1872-1948) mainly focused on the telephone sales environment. The conversation followed four (4) steps:

  • Attention:<em> before selling, attract the customer's attention to the product. </em>
  • Interest:<em> if the customer is interested in the product, keep the interest up. </em>
  • Desire:<em> create a desire for possessing the product. </em>
  • Action:<em> when the sale desire has been created, motivate the action of purchasing and paying for it.</em>
8 0
3 years ago
Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company ha
Grace [21]

Answer:

A. as much advertising to fans as possible

Explanation:

The event triangle is made up of these 3 components

1. The participants

2. The sponsors

3. The spectators

Here the fans represent the spectators. They are the most critical factor of the event triangle .

The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.

The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.

Primarily they provide necessary financial support for the event plus the money made from adverts.

3 0
2 years ago
A second mover: a.is typically ineffective in its response to a first mover. b.attempts to provide a product with greater custom
Viktor [21]

Answer:

b. attempts to provide a product with greater customer value than the first mover.

Explanation:

In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.

A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.

This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.

5 0
3 years ago
Acme company has just completed the incorporation process and received its articles of incorporation from the state. at the firs
lana66690 [7]
The answer is adopting bylaws. In addition, unlike the articles of incorporation the bylaws are not public records and classically do not have to be gather in a line with any governmental unit. The bylaws will be accepted by the directors of the corporation at their first board meeting or accepted by the deed of incorporator and then accepted at the first board conference.
6 0
2 years ago
Mountain High Ice Cream Company transferred $65,000 of accounts receivable to the Prudential Bank. The transfer was made with re
Liono4ka [1.6K]

Answer:

Dr Cash 56,550

Dr Receivable from factor 5,500

Dr Loss on sale of receivables 6,450

    Cr Accounts receivables 65,000

    Cr Recourse liability 3,500

Explanation:

cash = ($65,000 x 90%) - factoring fees = $58,500 - $1,950 = $56,550

factoring fees = $65,000 x 3% = $1,950

loss on sale of receivables (includes factoring fees) = (accounts receivables + recourse liability) - (cash + receivable from factor) =  ($65,000 + $3,500) - ($56,550 + $5,500) = $68,500 - $62,050 = $6,450

3 0
3 years ago
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