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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.

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Omar is covered by a disability income policy. he is hurt while performing an occupation more hazardous than the occupation list
Alex73 [517]

I believe the answer is: Reduce the benefit level

If the individual performing an occupation more hazardous than the occupation listed in his policy, The insurance company had the right to perceive that the individual is involving himself in necessary risk, which provide them with a legal ground to reduce his benefit level.

6 0
3 years ago
on january 1, 2021, adams-meneke corporation granted 15 million incentive stock options to division managers, each permitting ho
Bingel [31]

Compensation expense for the stock option plan in 2021, 2022, 2023 are $210 millions, $96 million, $108 million.

Options granted 120 Millions

Multiply: Estimated fair value per option is $ 3

Total Compensation Expense is $ 360 Millions

Divided by: No. of years in vesting period (2021,2022 & 2023) 3 Years

Compensation expense for the stock option plan in 2021. is $ 120 Millions

  •                     <u>Amounts are expressed in millions $.</u>

<u>Date </u>                   <u>General journal </u>                     <u>debit</u>             <u>Credit </u>

31st Dec, 2021 Compensation expense            $ 120

                     Paid in capital – stock options                     $ 120

  • Percentage of option forfeited (100%-10%) = 90%
  • Cumulative Compensation expense Up to Year 2022 (360*90%*2/3) = $ 216

Less: recognized in earlier year is $ 120

Compensation expense For Year 2022 is $ 96

Cumulative Compensation expense Up to Year 2023 (360*90%*3/3)  

                                                                                          = $ 324

Less: recognized in earlier year is $ 216

Compensation expense For Year 2023 is $ 108

  •                        <u>Amounts are expressed in millions $.</u>

<u> Date </u>                     <u>General journal </u>                   <u>debit  </u>         <u>Credit </u>

31st Dec, 2023 Compensation expense           $ 96  

                      Paid in capital – stock options                    $ 96

     

31st Dec, 2023 Compensation expense    $ 108  

                      Paid in capital – stock options                   $ 108

Learn more about Compensation Expense, here

brainly.com/question/27129728

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3 0
1 year ago
Skysong Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $432,000 and a re
skelet666 [1.2K]

Answer:

487200

Explanation:

3 0
3 years ago
Oriole Company made the following journal entry in late 2021 for rent on property it leases to Danford Corporation. Cash 153000
Morgarella [4.7K]

Answer:

$277,125

Explanation:

The calculation of  income tax expense is shown below:-

Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate

= $258,000 + (($153,000 ÷ 2) × 0.25)

= $258,000 + $76,500 × 0.25

= $258,000 + $19,125

= $277,125

Therefore for computing the income tax revenue we simply applied the above formula.

6 0
3 years ago
Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for dis
777dan777 [17]

Answer:

Liability of un-redeemed coupons Pending on December 31, 2018 is $60,000

Explanation:

Coupon already expired issued on Jan 01, 2018      

Coupon issued on 07/01/2018                                 <u>$830,000</u>

Estimated redeemable coupon value - 50%           $415,000

($830,000 * 50%)

Less : Disbursed                                                        <u>$355,000</u>

Liability pending on Dec. 31, 2018                         <u>$60,000</u>

4 0
3 years ago
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