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
irina [24]
3 years ago
14

In the context of management planning, _____ refers to high-level, long-term planning that establishes a vision for the company,

defines long-term objectives and priorities, determines broad action steps, and allocates resources. Question 6 options: operational planning strategic planning contingency planning tactical planning.
Business
1 answer:
ziro4ka [17]3 years ago
5 0

Answer:

Strategic Planning

Explanation:

Strategic plan accounts for long term <em>goals </em>and <em>vision</em> of a company. While planning strategically, leaders draw the road map for their company which solves <em>how-to questions</em> in achieving those goals. Moreover, through their set priorities, the company's <em>value</em> and <em>vision</em> would also be sorted out. As there are multiple planning dimensions, strategic planning can be differentiated from the others by identifying these 2 factors.

  1. Time Horizon: Strategic planning is done for the long term usually for 5-6 years.
  2. Formation of plan: Within the hierarchy of an organization only high-level leaders are the ones responsible to come up with strategic planning.
You might be interested in
All professional athletes earn a lot of money. wes plays professional football so he makes a lot of money. what type of reasonin
Andru [333]

I believe the answer is: inductive reasoning

In inductive reasoning, the  premises would be viewed as some sort of supply of evidence for the general conclusion. In the example above,

"all professional athletes earn a lot of money"  is the premise that is used as some sort of evidence for " wes makes a lot of money", which is the speaker's conclusion.


4 0
3 years ago
Read 2 more answers
The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its rela
Vera_Pavlovna [14]

Answer:

Total Quality Management (TQM)

Explanation:

The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is <u>Total Quality Management (TQM)</u>

Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.

There are several tools used in total quality management (TQM):

  • Continuous improvement.
  • Six Sigma.
  • Employee empowerment.
  • Benchmarking.
  • Just-in-time.
  • Taguchi concept.
  • Knowledge of TQM tools.
8 0
3 years ago
Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes a
AleksandrR [38]
$7165.25 hope this help =]
3 0
3 years ago
Read 2 more answers
References are typically included on a résumé. Please select the best answer from the choices provided T F
Vsevolod [243]

Answer:

TRUE .

the answer is true

Explanation:

3 0
3 years ago
Read 2 more answers
Parkway Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory
IRINA_888 [86]

Answer:

$ 13.167 / unit

Explanation:

Data provided:

Beginning material cost = $ 126,000

Number of units in work in progress = 12,000 units

Material cost assigned = $ 32,000

thus,

the total material cost involved = $ 126,000 + $ 32,000 = $ 158,000

Now,

the material cost per equivalent unit = Total material cost involved / number of units

on substituting the values, we have

the material cost per equivalent unit = $ 158,000 / 12,000

or

= $ 13.167 / unit

7 0
3 years ago
Other questions:
  • Which of the following is required for all workers to earn identical wages in the long run? Check all that apply. All jobs requi
    14·2 answers
  • Amal is preparing a report about a planned wave of layoffs at the plant where she works. she wants to use the inductive method.
    12·2 answers
  • "________ is an area that allows member states to freely move components of production such as capital and labor across borders"
    15·1 answer
  • In a labor market comprising many firms hiring many workers with identical skills, which of the following is correct?
    14·1 answer
  • If a company has advance subscription sales totaling $45,000 for the upcoming year, when four quarterly journals will mailed to
    14·1 answer
  • A company buys a machine for $79,000 that has an expected life of 4 years and no salvage value. The company uses straight-line d
    7·1 answer
  • It is common in large breweries for the long-run average total cost to decline as output increases. this indicates that many bre
    10·2 answers
  • Empire Industries is considering adding a new product to its lineup. This product is expected to generate sales for four years a
    9·2 answers
  • Remote Company has developed a new universal remote that works with all cable, over the air and streaming channels. While the de
    11·1 answer
  • Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $13.8 million, gross profit of $8.70 million, EBIT of $
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!