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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.

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You recently purchased a stock that is expected to earn 20 percent in a booming economy, 15 percent in a normal economy, and los
OlgaM077 [116]

Answer:

rE = 0.1486 or 14.86%

Explanation:

The expected rate of return of a stock is the mean return that is expected to be earned by the stock considering the different scenarios that can occur, the return in these scenarios and the probability of the occurrence of these scenarios. The formula for expected rate of return of stock is,

rE = pA * rA  +  pB * rB  +  ...  + pN * rN

Where,

  • pA, pB, ... represents the probability that scenario A, B and so on will occur or the probability of each scenario
  • rA, rB, ... represents the return in scenario A, B and so on

rE = 0.21 * 0.2  +  0.72 * 0.15  +  0.07 * -0.02

rE = 0.1486 or 14.86%

3 0
3 years ago
What is the name of a person or business that is a parial owner of a company.?
nikklg [1K]

Answer:

Shareholder

Explanation:

A person or business that’s is a partial owner of a company

8 0
3 years ago
On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. How would Fl
Llana [10]

Answer:                                                                      

C.) Accounts receivable 7,840 Cash discounts 160 Sales 8,000

Explanation:

Assuming for now that credit customer will avail the cash discount, the following journal entry shall be made on November 10 by Flores mills in respect of credit sales made by it.

                                                                   Debit                 Credit

Accounts receivable                                  $7,840                          

Cash discount                                             $160

(8000*2%)

Sales                                                                                      $8,000                                                                        

Based on the above discussion, the answer shall C.) Accounts receivable 7,840 Cash discounts 160 Sales 8,000

6 0
3 years ago
For the Somerset Furniture Company described in Case Problem 10.1 in Chapter 10, determine the product lead time by developing a
m_a_m_a [10]

Answer:

Possible transportation modes are discussed below in detail.

Explanation:

• Purchase Request: 12 - 25 days

• Process buy request abroad: 10 - 20 days.

• Manufacturing process: 60 days

• Transport from plant to port: 1-14 days

• Paperwork: 5 - 10 days

• Wait for the container: 1 - 7 days*

• Load compartments: 3 - 6 days

• Ship days: 28 days

• Custom clearance: 7 – 14 days

• Warehouse transportation: 1-3 days

Delivery time is around 136 minimum days and  191  maximum days. Likewise,  the average delivery time is 163 days. Companies such as international trade specialist, trade logistics companies and Internet exchanges can help the company to reduce the delivery time by facilitating the trade channels. These intermediate channels can help to attain objectives in timely manner.

5 0
2 years ago
List two career pathways from the health science cluster?
Black_prince [1.1K]
<span>biotechnology research and support services

</span>
6 0
3 years ago
Read 2 more answers
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