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forsale [732]
3 years ago
10

Today, you are meeting with your team of four students, Shawna, and Alfonso Alvarez, the Store Manager for your local Goodwill s

tore. You want to do some planning for the upcoming year. First on the agenda, the group agrees to create a strategic goal for the organization.
Business
1 answer:
tiny-mole [99]3 years ago
4 0

Answer with Explanation:

When it comes to planning, particularly, for a retail store such as the "Goodwill store" in the situation above, it is important to consider some steps. These steps will enlighten the members, especially the Store Manager on the comparative advantage of what they are selling.

Once the goal of the group has been set, they should consider doing an audit of the situation. This will allow the group to have some options which they can consider. This will enable them to set-up the merchandises that they will be selling and also know about pricing strategies. Next is to identify the strategic opportunities and the alternatives. The opportunities are events which will give the store an advantage in the future. They should also analyze their<em> financial options (alternatives). </em>This will give the store direction and a greater chance of achieving the goals.

Once the resources are well-allocated, the strategies may now be implemented.

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The risks of vertical integration include all of the following EXCEPT: a. costs and expenses associated with increased overhead
aleksandrvk [35]

Answer: Lack of control over valuable assets

 

Explanation: In simple words, vertical integration refers to a process under which an organisation combines two or more stages of production which were previously performed by any other company.

The vertical integration is done where the company wants to get more hold on its supply chain with the ultimate objective of having better control over valuable assets.

Hence from the above we can conclude that the correct option is C.

5 0
3 years ago
Discuss the logic underlying the use of three-sigma limits on Shewhart control charts. How will the chart respond if narrower li
AnnZ [28]

Answer:

The Shewhart control charts are charts used to monitor processes and behaviours in businesses statistically to ensure they are under control. They have been known to produce superb results especially with the use of the 3-sigma limits. The use of narrower limits provides practicality in testing more scenarios, the investigation of more causes and detection of more false causes.

Explanation:

The use of the 3 sigma limits in the Shewhart control charts using narrow limits provides for better control of business enterprises by ensuring that more investigations and detection of false causes are conducted. Thes gives a much more specific range of results in practice compared to the wide range approach.

7 0
3 years ago
On August 1, Batson Company issued a 60-day note with a face amount of $58,800 to Jergens Company for merchandise inventory. (As
Trava [24]

Answer:

a. $58,800

b. $57,820

Explanation:

Generally, notes are issued on the discounted or face value. It is face value when the price of the note is the same as the face value while it is discounted when the price of the note is lower than the face or par value.

a. Since the note is issued on the face value of $58,800 , it means that the proceed is the same amount. The proceeds from a note that is issued, is that price at which the note is issued.

b. Discount value

= $58,800 × 10% × 60/360

= $980

Proceeds

= Face/par value of the note - Discount value of the note

= $58,800 - $980

= $57,820

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If an application asks you to indicate a salary range, you should _____.
dangina [55]

Answer:

D

Explanation:

4 0
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