Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.
<h3>What is strategic management?</h3>
Strategic management can be defined as the plan in motion to implement the aims and objective of an organization.
Here, strategic management is important because it makes the necessary plans and policies by making sure that the vision statement of the company is achieved.
Hence, Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.
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Answer:
b. to verify that the ledger is in balance at the beginning of the next period.
Explanation:
A post-closing trial balance is a listing of all balance sheet accounts containing non-zero balances at the end of a reporting period. The post-closing trial balance is used to verify that the total of all debit balances equals the total of all credit balances, which should net to zero.
In the situation where Aj missed 20 free
throws in last week's basketball game and his team lost by three points so this
week he has practiced free throws for two hours a day, instrumentality under
the expectancy theory is practiced or evident. This theory happens if an
individual’s behavior results come from conscious choices wherein the
alternatives are available whose purpose is to have maximum pleasure and to minimize
pain. Another explanation is, the motivation in the
selection of behavior is determined by the desirability of the outcome. The theory’s
core is based on the cognitive process of how an individual processes the
different motivational elements. When we talk about instrumentality, this
refers to the belief that a person will receive a reward if the performance
expectation is met. In the case of AJ, the reward is in the form of the
number of possible points which can give way to his team winning the future games.
This can be attainable for he has practiced his skills in making free throws.
Global outsourcing occurs when a company contracts with suppliers in other countries to make the various inputs or components that go into its products or to assemble the final products to reduce costs.
Global outsourcing is when a company outsources a third party outside of their country to handle operations or provide services to the company.
Benefits of Global Outsourcing include;
Cost saving. Since some countries have a lower cost economy, the day-to-day tasks can be completely at a low cost. Hiring new staff or employees is also an expensive process. Therefore, Global outsourcing becomes a priority in this case.
Improved quality and staff satisfaction. Global outsourcing allows the company to allocate time-consuming and repetitive tasks to an outsourced employee instead of the local team. That way, the local team can focus on what they do best and what motivates them, while your outsourced team appreciates the opportunity to support the business.
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Answer:
D. 2/3
Explanation:
The Debt to total value ratio is found by dividing the total debt by total equity plus total debt. It is written as
D/(D+E)
In this question we are already given the debt to equity ratio which is 2, this means that the debt is twice the amount of equity. We can use this ratio to find the debt to total value ratio. If we take debt as 2, then equity will be half its amount which is 1. So now we can calculate the Debt to total Value ratio.
D=2
D+E= 3
Debt to total value ration = 2/3
