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3 years ago

The strategic plan is designed by the executive leaders and is designed to:

Business

1 answer:

antiseptic1488 [7]3 years ago

6 0

Answer:

The correct answer is D. Identify where the organization is and where it wants to go

Explanation:

In an organization we have different types of plan, such as.

Strategic plan outline the mission, vision and high levels goals for the long-term future . This is a global view of the situation.

Operational plan or work plan, are the goals you have to achieve in the near future.

So, from the given options , the right answer is D. Identify where the organization is and where it wants to go

You might be interested in

Keynes argued that: Group of answer choices the distinction between the short run and the long run is irrelevant. the long run i

Ivenika [448]

Answer:

C. the short run is a more important policy concern than the long run.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

According to the Keynesian Transmission Mechanism, the link between the money market and the goods and services market is indirect; because at first, short-term interest rates are lowered by an increase in the supply of reserves and then with time both the bond and bank loan rates falls. Consequently, this would make investments and aggregate demand (AD curve shifts rightward) to rise or increase as a result of the low cost of capital for investors and by extension it boost the level of production or quantity of output (real gross domestic product or Real GDP). This ultimately implies that, the interest rates affects the real and costs of capital (monetary changes).

Hence, Keynes argued that the short run is a more important policy concern than the long run and he was quoted as saying, in the long-run we're all dead.

3 0

3 years ago

Indiana Co. began a construction project in 2021 with a contract price of $163 million to be received when the project is comple

iragen [17]

Answer: Recognized $12.68 million gross profit on the project in 2022

Explanation:

Firstly we would need to ascertain the percentage of completion in 2022. We will do this by using the costs.

The cost incurred till date is,

= $32 million (incurred in 2021) + $59 million (incurred in 2022)

= $91 million. (1)

A further $37 million is estimated to remain in costs by project completion so the total cost would be,

= $91 million + 37 million

= $128 million is the total cost to be incurred. (2)

Dividing (1) by (2) to find out how much costs have been incurred vs how much is life we have,

= 91 / 128

= 0.7109

= 71 %

71 % of the project has been completed.

We will now find out the revenue for that very year using the percentage of the project completed.

The Total Revenue is $163 million so we will take 71% of that,

= 0.71(163)

= $115.73 million can be recognized as revenue TILL DATE. (3)

To find out the Revenue for the year then we can deduct the revenue of the previous year from the Revenue till date to find out the revenue for 2022.

But first we need to find the revenue of 2021 using the same method we used to calculate the Revenue this far

= 32 million / (32 + 86 million) * 163 million

= $44.01 million in revenue in 2021 (4)

Subtracting (4) from (3) to get the revenue for 2022 we have,

= 115.73 - 44.01

= $71.72 million is therefore the revenue for the year 2022

Calculating the gross profit for the year 2022 then we can subtract the cost in 2022 from the revenue for 2022.

= 71.72 million - 59 million

= $12.72 million

The answer we got is off by $0.04 from option C so we will pick Option C as the correct answer with the discrepancy going down to rounding off errors in the Intermediate Calculation.

8 0

3 years ago

Wexim Toys sold merchandise to a customer on credit, terms 2/10, n/30 for $11,700. Three days later, the customer returned $2,30

Rom4ik [11]

Answer:

b) Debit Sales Returns and Allowances $2,300 and credit Accounts Receivable $2,300 in the general journal.

Explanation:

When goods were sold on account, Accounts receivables is debited, and Sales is credited. When goods are returned, Sales Return & Allowances is debited, and Accounts receivables is credited.

Thus, the entry will include Debit in Sales Returns and Allowances $2,300 and Credit in Accounts Receivable $2,300

7 0

3 years ago

On June 5, Staley Electronics purchases 210 units of inventory on account for $21 each. After closer examination, Staley determi

fenix001 [56]

Answer:

journal entry for every date be below

Explanation:

solution

journal entry for every date is here

date particular Debit credit

June 5 Purchase Inventory ( 210× $21 ) $4410

to cash/bank $4410

( 210 inventory purchased at $21 each)

June 9 cash/bank A/c ( 30 × $21 ) $630

Purchases Returns (Inventory ) A/c $630

( 30 inventory return )

June 16 cash/bank A/c 210 -30 × ($37 ) $6660

Cost of good sold 210 -30 × ($21 ) $3780

sales A/c 210 -30 × ($37 ) $6660

inventory A/c 210 -30 × ($21 ) $3780

remaining inventory sold at $37

7 0

4 years ago

A protective put strategy is Multiple Choice a long call plus a short put on the same underlying asset. None of the options are

luda_lava [24]

Answer:

a long put plus a long position in the underlying asset.

Explanation:

A protective put strategy is a long put plus a long position in the underlying asset. It is a risk management strategy that makes use of options contracts which are employed by investors to protect or guard their investments against a potential loss in stocks or assets such as commodities, indexes and currencies. The protective put strategy helps to mitigate or limit risk associated with buying stocks for the first time.

Generally, the value of the underlying asset is anticipated to decrease by the buyers while the value of the underlying asset is anticipated by sellers of call options to also decrease.

Hence, considering the prospective option holder, when the exercise price is higher, it means that the call options are worth less. Also, when the exercise price is higher, it means that the put options are worth more.

6 0

3 years ago

The strategic plan is designed by the executive leaders and is designed​ to:

The strategic plan is designed by the executive leaders and is designed to: