1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LenKa [72]
3 years ago
11

The top management of Tasty Foods, a food distribution company, has set strategic goals of increasing organizational market shar

e and also decreasing corporate costs over the next three years. Greg, a division manager for Tasty Foods, has looked at his resources, and he has decided how his division can contribute to the two strategic goals set by upper management: (1) by partnering with another company and (2) by hiring a procurement manager to negotiate lower prices from vendors. Greg's next step is to roll out his ____ to his staff.
Business
1 answer:
nikdorinn [45]3 years ago
6 0

Answer:

The correct answer would be, Greg's next step is to roll out his Tactical Goals to his staff.

Explanation:

Greg is the division manager for Tasty Foods. His management set a goal of increasing market share and decreasing the corporate cost over the period of next three years. To cope up with this goal, Greg has to work on this from now onward. So he decides how his division can contribute to the fulfillment of these management goals. He looking into his resources and planned two possible options. One is to partnering with another company and the other is to hire a procurement manager to negotiate lower prices from vendors. Now as he has formulated these goals, which are tactical in nature, the next step is to roll out these tactical goals to hi staff. Tactical goals are the goals that are set quickly in response to the conditions or situations as they occur in the real world.

You might be interested in
Between 2003 and 2005, there was huge growth in the market for premium blue jeans priced at $200 or more per pair. Popular magaz
zimovet [89]

Answer:

Following are the solution to the given question:

Explanation:

Huge demand increase inside the Blue Jeans market led to rising costs between 2003 and 2005. The contour of desire went right.

With pricing just above the previous level, the producers are motivated to create more and therefore to increase the demand side and shift its supply curve to the right.

Greater amounts supplied produced a surplus in blue jeans that could only be sold if the prices decreased to attract buyers (the supply side), creating a new balance at a clean cost.

6 0
2 years ago
The managers of pork farm inc., a meat-packing company, want to create more consumer demand for the company's products that are
Olegator [25]

They are developing a marketing strategy to build their advertising message, position and brand recognition upon.
4 0
3 years ago
Eddie, a 16 year old minor, buys a car from Ace Auto and then damages the car in an accident. To disaffirm the contract and sati
Ket [755]

Answer: Return the car and pay for the damage(D)

Explanation:

To disaffirm a contract means to avoid the obligations in a contract. A contract can be disaffirmed by a minor when he shows an intent that he or she isn't bound by it. Contracts can be disaffirmed by minors before they reach eighteen years. When a minor disaffirms a contract, all properties transferred to the minor can be gotten back.

In the scenario explained in the question, even though Eddie had damaged the car, he can disaffirm the contract and satisfy his duty if restitution by returning the car and paying for damage.

3 0
3 years ago
Read 2 more answers
Calculate the portfolio required rate of return (rs) for the Wagner Assets Management Group, which holds 4 stocks. The expected
Ivahew [28]

Answer:

11.10%

Explanation:

For computing the portfolio required rate of return first we have to calculate the portfolio beta which is shown below:

Portfolio Beta = Beta of Stock A × Weight of Stock A + Beta of Stock B × Weight of Stock B + Beta of Stock C × Weight of Stock C + Beta of Stock D × Weight of Stock D

= 1.50 × $200,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) 0-.50 × $300,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) + 1.25 × $500,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000) + 0.75 × $1,000,000 ÷ ($200,000 + $300,000 + $500,000 + $1,000,000)

= .7625

Now the portfolio Required Rate of Return  is

Required Rate of Return = Risk Free Rate + Beta × (Market Rate of Return - Risk Free Rate)

= 5% + .7625 × (13% - 5%)

= 11.10%

We simply applied the above formulas

5 0
3 years ago
1. What industry forces might cause a propitious niche to disappear?
kicyunya [14]

If the market contracts, due to internal or external factors, then the demand for the goods and services that the firm sells will fall and thus, a propitious niche will disappear. and, if the market expands, and the company fails to meet the increased demand, then also the propitious niche will vanish.

3 0
2 years ago
Other questions:
  • When looking to finance higher education, what is the best order to look for funding sources? AGrants/Scholarships - Federal Stu
    13·1 answer
  • At the beginning of a recent year, JetBlue's assets were $7,071 million and its equity was $1,757 million. During the year, asse
    5·1 answer
  • How to start a Media Company?
    11·1 answer
  • American airlines found that for some jobs it was unwise to train workers on equipment used at the work site. therefore, a speci
    5·1 answer
  • Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
    8·1 answer
  • According to​ Drucker, the most important time to ask​ seriously, "What do we want to​ become?" and​ "What is our​ business?" is
    13·1 answer
  • Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. Bank F charges an interest rate of 5.
    12·2 answers
  • Define mortgage- backed securities.​
    13·2 answers
  • Mcgahen Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1,080 pa
    7·1 answer
  • Compute darryl's total social security and Medicare taxes for the third quarter, if she is self-employed and earns $1,020.00 on
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!