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Sedaia [141]
3 years ago
5

How is the idea of "strategic intent" different from models of strategy that emphasize achieving a fit between the firm’s strate

gies and its current strengths, weaknesses, opportunities and threats (SWOT)?
Business
1 answer:
Irina18 [472]3 years ago
5 0

Answer & Explanation:

In terms of completion of goals, the key difference between strategic aim and SWOT is the time-frame.  

In this case, the strategic goal is future-oriented and long-term (around 10-20 years). The strategic goal is simply to make sure that the whole enterprise, in order to meet potential business demand, works on forecasting consumer demand in the future, reinforcing and enhancing its core competences.

On the other side, in implementing the corporate goals and achieving success, SWOT has a short-term outlook. In this context, SWOT focuses on current data and knowledge, such as specific expertise, current business demand and satisfying this need.

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During a holiday month, a retail store brings in 300% above its average sales in other months.if a typical month has $1600 in sa
Bingel [31]

Answer:

Profit for holiday month is $4,000

Explanation:

Given:

Average sales in a typical month = $1,600

Fixed cost is $800 per month

Sales in festive month is 300% above average typical month sale. So, sales in festive month is $4,800 (1,600 × 300%). Fixed cost remains same irrespective of number of units sold.

Profit = Sales - Fixed cost

        = 4,800 - 800

        = $4,000

If profit in a typical month is $800 (1,600 - 800), retail store earns profit of $4,000 in a festive month.

3 0
3 years ago
Garden World uses the retail method to estimate its monthly cost of goods sold and month-end inventory. At May 31, the accountin
chubhunter [2.5K]

Answer:

The estimated inventory at May 31 is $352,549

Explanation:

In order to calculate the estimated inventory at May 31 we would have to calculate the following formula:

Estimated closing inventory=(resale of goods- sales in may)*(beginning inventory plus purchases/resale of goods

Estimated closing inventory=($1,020,000-$400,000)*($580,000)/$1,020,000)

Estimated closing inventory =($620,000*$580,000)/$1,020,000

Estimated closing inventory =$352,549

The estimated inventory at May 31 is $352,549

8 0
3 years ago
Consumer preferences for alternative product concepts can be measured through ________, a method for deriving the utility values
pav-90 [236]

Answer:

The correct answer is letter "D": conjoint analysis.

Explanation:

Conjoint analysis is a statistical technique used to find out what are the factors that motivate consumers to make trade-offs at the moment of selecting goods or services. Those factors tend to be related to products' features, functions, and benefits. After individuals took a decision, several numerical calculations are made to show ratios that give an idea of how others are likely to react under similar scenarios in front of similar products.

8 0
3 years ago
What divergences arise between equilibrium and output and efficient output when(10) a) negative externalities and b) positive ex
Ket [755]

Answer:

Production or consumption activities lead to an external cost for the third party, which causes the social marginal cost to exceed the private marginal cost. Consumers and producers base their decisions on private marginal cost and there would be an overproduction or excessive consumption of the good. The balance output is more than the efficient output.

Taxes must be imposed to correct the divergence between social and private marginal costs.

On the other hand, production or consumption leads to an external benefit for the third party, which means that the marginal social benefit exceeds the private marginal benefit. Consumers and producers base their decision on private marginal benefit and there would be underproduction or low consumption of the good. The balance output is less than the efficient output. The government would have to provide subsidies to producers or consumers to correct these inefficiencies.

8 0
3 years ago
It is important for an entrepreneur to have ___________ when approaching an angel investor or venture capitalist
Mashcka [7]

It is important for an entrepreneur to have <u>area of specialization</u> when approaching an angel investor or venture capitalist

Just as the venture capitalist has to be careful in selecting his investment, the entrepreneur should also take several factors into account while selecting a venture capitalist. The entrepreneur should take care in selecting the right venture capitalist to approach based on the venture capitalist's area of specialization.

The entrepreneur while approaching venture capitalist should have a  detailed and well organized business plan as is the only way to gain a venture capitalists attention and obtain funding. They do not invest on a two page summary.

Hence, it is important for an entrepreneur to have area of specialization.

To learn more about venture capitalist here:

brainly.com/question/15079917

#SPJ4

8 0
1 year ago
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