1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nika2105 [10]
3 years ago
6

You have been working as an intern for your father's construction company and have been asked to sit in the on the company revis

ioning meeting. Because this is your first time in a marketing planning meeting, you are somewhat confused about the jargon being used. One of the employees explains to you, the difference between strategic planning and tactical planning, and asks you to provide examples so she can make sure you understand the concepts.Which of the following is an example of a strategic plan?
Within the next ten years, we want to open 20 locations.
Hire a new COO to guide company expansion.
Ensure that company makes 35% profit annually for the next three years.
Business
1 answer:
posledela3 years ago
8 0

Answer:

Within the next ten years, we want to open 20 locations.

Explanation:

Strategic plan is a long term plan, and many times is connected to goals or objectives of the company.

As the opening of 20 stores is a great goal for any organization as that aims for growth, and involves a business strategy of reaching maximum customers and making them aware of the products and then increasing and gaining a competitive advantage over the other organizations.

You might be interested in
In its first month of operations, Vaughn Manufacturing made three purchases of merchandise in the following sequence:
olga nikolaevna [1]

Answer:

Ending\ Inventory = \$1920 --- FIFO

Ending\ Inventory = \$1200 -- LIFO

Explanation:

Solving (a):

FIFO method

This means that the first items to be listed were sold out and only 240 of the last item is left

This implies that the following units were sold

340 units at $5; 440 units at $7 and (540 - 240) units at $8

So: We're left with

Ending\ Inventory = 240 * \$8

Ending\ Inventory = \$1920

Solving (b):

LIFO method

This means that the last items to be listed were sold out and only 240 of the fist item is left

This implies that the following units were sold

540 units at $8; 440 units at $7 and (340 - 240) units at $5

So: We're left with

Ending\ Inventory = 240 * \$5

Ending\ Inventory = \$1200

3 0
4 years ago
Jan Berry recently received a $500,000 inheritance from her maternal grandmother. Jan decided to use the money to start a busine
sergiy2304 [10]

Answer:

The correct answer is letter "D": triggering event.

Explanation:

A triggering event is one that causes another event to happen, It can be described as the cause that unleashes an effect. Triggering events can be external but they can also be personal actions individuals take in purpose or sometimes they happen by accident.

8 0
4 years ago
A(n) __________ consists of one person at the top of the organization and many levels of managers who are responsible to that pe
telo118 [61]
The answer is hierarchy.
5 0
4 years ago
Which of the following businesses is most susceptible to negative network effects? Group of answer choices Moonglow Shoes produc
Vikki [24]

Answer:

Pics Match is the only business sensitive affected by network effect

Explanation:

Moonglow Shoes: The sales are based on answers collected before the launch of the product, and the sales are based on the reputation of the Olympic medalist. The number of users does not change the value of Moonglow Shoes. Clover Technologies: Since the company is B2B (Business to Business), the increasing of final users does not increase the value of the products sold by Clover Technologies. Pics Match: The relevance of the business is based on how much users are enthusiastic about the social network and promote it to other users. The value proposition of Pics Match increases according to the number of users. Green Tools: The increase of users does not increase the subjacent value of products sold by Green Tools, even though the sales channel is internet

7 0
4 years ago
In a market system, the allocation of scarce goods involves the consideration of multiple choice 1 what must be sacrificed in us
horrorfan [7]

Answer:

what must be sacrificed in using a resource for its next-best use

Explanation:

The market cost would be managed by the clients also it would remember the advantage that is best Also it is remembered in order to support the satisfaction to their own decisions.

So in the case of the market system, the allocation of the scarcity goods would be based on the opportunity cost i.e. to be sacrificed for the next best usage

3 0
3 years ago
Other questions:
  • A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches
    8·1 answer
  • Kate is a busy student. She likes to run to stay healthy and fit. She doesn't shop all the brands because she knows what shoe is
    14·2 answers
  • What is life insurance?
    13·2 answers
  • A store has 5 years remaining on its lease in a mall. Rent is $1,900 per month, 60 payments remain, and the next payment is due
    12·1 answer
  • When applied to project management, the resource management knowledge area typically involves which of the following processes?
    5·1 answer
  • Which of these is NOT an example of price discrimination? retirees getting a discount at a local movie theater soup companies se
    15·1 answer
  • When a company sells goods, it removes their cost from the balance sheet and reports the cost on the income statement as:A. Sell
    13·1 answer
  • Professional sales skills
    8·1 answer
  • What three logistics-related costs are relevant when analyzing the choice of number of facilities in a distribution network
    6·1 answer
  • An example of a government policy that promotes social equality without redistributing income is?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!