The strategic management process involves the establishment of a company's the mission and vision, its grand strategy and the formulation of its strategic plans and control.
- A company that gradually phases out product lines or liquidates its inventory is pursuing a defensive strategy.
- A defensive strategy is also called retrenchment strategy. its is a strategy that involves reducing in the organization's efforts.
- Example: It reduces costs when a company tightens expenses such as It can sell off (liquidate) assets—land, buildings, inventories, and the like.
Defensive strategy helps organizations to gradually reduce cost and phase out product lines or services. .
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Answer:
<em>Phishing</em>
Explanation:
Phishing is a cyber attack, in which hackers and other criminals try to gather personal data like passwords, photographs, money, access to cloud files, etc. via deceptive emails with links, sent to thousands and thousands of people.
If Jane clicks and provides her passwords, and other personal information into a form, trusting it is a legitimate bank , then She may lose all her money and have many other problems like a cloned credit card, privacy, etc.
Answer:
D. corporation.
Explanation:
Companies are usually incorporated by the issuance/sale of shares. Corporations are entities that are legally separate from the owners.
The owners' interest in such entities are usually in form of shares held.
A sole proprietor is the owner of a business and no shares are issued before the business commences.
Trade agreements are agreements between two or more parties for which the terms and conditions as well as the responsibilities of the parties involved are spelt out in the deed.
Mutual agencies do not require the ownership of shares of stock.
The right option is D. corporation.
The best valuation technique to reduce the value of Karl's gross estate is C) Special use valuation on the CDs.
<h3>What is special use valuation?</h3>
Special use valuation is a valuation method that determines property value on the basis of its “current use” rather than its “highest and best use.”
Special use valuation is permitted by the Internal Revenue Code (IRC) Section 2032A.
However, the special use valuation method is for real estate and not CDs.
Thus, the best valuation technique to reduce the value of Karl's gross estate is C) Special use valuation on the CDs.
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