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
aliya0001 [1]
3 years ago
14

Which of the following statements about a company's strategy is true? A company's strategy is mostly hidden to outside view and

is deliberately kept under wraps by top-level managers (so as to catch rival companies by surprise when the strategy is launched). A company's strategy is typically planned well in advance and usually deviates little from the planned set of actions and business approaches because of the risks of making on-the-spot changes. A company's strategy generally changes very little over time unless a newly appointed CEO decides to take the company in a new direction with a new strategy. A company's strategy is typically a blend of proactive and reactive strategy elements.
Business
1 answer:
nasty-shy [4]3 years ago
3 0

Explanation:

Company strategies evolve because

of the ongoing need to respond to changing market conditions, the fresh moves of competitors, shifting buyer needs and preferences, emerging market opportunities, new ideas for improving the strategy, and any evidence that indicates the strategy is not working well.

You might be interested in
Cameron industries is purchasing a new chemical vapor depositor in order to make silicon chips. it will cost $ 4 million$4 milli
Luden [163]
On basis of straight-line depreciation method,

Yearly depreciation expense = [Cost of investment - Salvage value] / life

In the current case, salvage vale is assumed to be $0 and the life is 7 years.

Total investment = $4 m + $ (15,000/1,000,000) m + $3 m = $7.015 m

Therefore,
Yearly depreciation expense = 7.015/7 ≈ $1.002 m
8 0
3 years ago
Palmona Co. establishes a $140 petty cash fund on January 1. On January 8, the fund shows $29 in cash along with receipts for th
Korolek [52]

Answer:

Entries are posted

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

January 1 (Cash fund being recorded in petty cash)

Account                                   Debit         Credit

Petty Cash                              $140

Cash                                                            $140

January 8

Postage                                   $46

transportation-in                     $14

delivery expenses,                  $16

miscellaneous expenses,       $35

Cash                                                               $111

January 8 ( petty cash funds being increased )

Pettcash                                  $50

Cash                                                               $50

8 0
3 years ago
Robinson Crusoe was trying to decide if they should continue making coin purses or outsource to a supplier. Their fixed costs to
tester [92]

Answer:

852 units

Explanation:

The break-even point is number of unit produced whereas the cost of in house produced equal to selling price of similar products

Selling price of similar products  = fixed cost per unit + variable cost per unit

$5.75 = $3,750/ number of unit produced + $1.35

number of unit produced = $3,750/($5.75-$1.35) = 852 units

5 0
3 years ago
Libre, Inc. has experienced bad debt losses of 5% of credit sales in prior periods. At the end of the year, the balance of Accou
Mama L [17]

Answer:

The estimated bad debt expense for the year amounts to $9,400

Explanation:

The  estimated bad debt expense  for the year is computed as:

As the percentage of credit sales method is used for estimating the bad debt expense. Therefore, it is computed as:

Bad debt expense = Net Credit Sales × Estimate Percent

where

Net credit sales amounts to $188,000

Estimate percent is 5%

So, putting the values above:

Bad debt expense = $188,000 × 5%

Bad debt expense = $9,400

Therefore, the bad debt expense amounts to $9,400

3 0
3 years ago
How can expectations about the future change consumer behavior?
Scrat [10]
The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Yzer Inc. asked for volunteers from its employees to help with yard work on its premises prior to a grand reopening. Barton Rodr
    10·1 answer
  • Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month
    10·1 answer
  • By the end of this year
    13·1 answer
  • What is the primary goal of financial management for a sole proprietorship? maximize net income given the current resources of t
    5·1 answer
  • Why does an excise tax on gasoline exist? Check all that apply.
    7·1 answer
  • The first step in creating a cash flow statement is which of the following?
    14·1 answer
  • .
    10·2 answers
  • Your friend Marco loves being on his phone and interacting on social media. He knows that you are studying different careers and
    12·1 answer
  • Write 'T' against a true statement and 'F' against a false one.
    14·1 answer
  • 4.3. Identify THREE benefits that could inspire one to avoid being unemployed after graduating (3x2) (6)​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!