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Ksivusya [100]
3 years ago
12

Compare and contrast the activities involved in strategy formulation and those in strategy implementation?

Business
1 answer:
viva [34]3 years ago
6 0

Answer:

In simple words, Strategy Formulation includes placing all powers in position until an operation actually occurs whereas Strategy Execution relies on handling certain forces throughout performance.

Strategy Formulation can be interpreted conceptual method while Execution of Strategy is an administrative process. Formulation of the plan involves cognitive competencies.

 

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Suppose that GDP is $50 million in 2015 but falls to $48 million in 2016, and that no changes in personal consumption expenditur
Minchanka [31]

<u>Solution and Explanation:</u>

GDP is calculated as follows:

Y = C + G + I + NX

where

C = Consumption

G = Government Expenditure

I = Investment

NX = Net Exports

It is mentioned that in 2015, GDP was 50 million and in 2016, it was 48 million without any change in the factors except NX. It means the net exports that is the difference between export and the import of the country has changed and it has fallen by 2 million.

8 0
3 years ago
An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy c
Lelechka [254]

Answer: See explanation

Explanation:

a. Calculate the productivity for navy and army contracts in units produced per labor hour.

Based on the information given, for the navy contract, the total man hours to make 3380 devices will be:

= 34 × 40 × 2

= 2720 hours

Therefore, the devices per man hour will be:

= 3380/2720

= 1.24 devices per labor hour.

For the army contract, the total man hours to make 7480 devices will be:

= 44 × 40 × 2

= 3520 hours

Therefore, the devices per labor hour will be:

= 7480/3520

= 2.125 devices per labor hour

b. On which contract were the workers more productive?

The workers were more productive on the Army contract as they produced more devices per labor hour.

6 0
3 years ago
An increase in the price of a good decreases purchasing power, causing a decrease in the quantity of the good demanded. the decr
tatyana61 [14]

Answer:. Distinguish between quantity demanded and demand and explain what determines demand. Distinguish between quantity supplied and supply and explain what determines supply. Explain how demand and supply determine price and quantity in a market, and explain the effects of changes in demand and supply Quantity demanded The amount of a good, service, or resource that people are willing and able to buy during a specified period at a specified price. The quantity demanded is an amount per unit of time. For example, the amount per day or per month.

          -Hope you get it right on whatever your gonna use this on-

3 0
2 years ago
Which of the following is a disadvantage of the sole proprietorship form of ownership?
GREYUIT [131]

Answer:

D.......... .................... .. . . ...... ..........

4 0
3 years ago
Fran’s Fries has budgeted sales for May, June and July at $500,000, $680,000 and $720,000, respectively. Sales are 80% cash and
nika2105 [10]

Answer:

Results are below

Explanation:

Giving the following information:

Sales are 80% cash and 20% on account.

Sales:

May= $500,000

June= $680,000

July= $720,000

Cash collection June:

Cash collection from May= (500,000*0.2)= 100,000

Cash collection June= (680,000*0.8)= 544,000

Cash collection June= $644,000

Cash collection July:

Cash collection from June= (680,000*0.2)= 136,000

Cash collection July= (720,000*0.8)= 576,000

Cash collection July= $712,000

3 0
3 years ago
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