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trapecia [35]
4 years ago
15

Write two to four sentences setting forth the long-term direction and strategic path that management intends to follow. The stat

ement should clearly articulate your answer to "Where we are headed?" and should explain why the direction in which you intend to point the company makes good business sense. Your strategic vision statement should describe the kind of company that management is trying to create and the market position you are trying to stake out. You may want to summarize the essence of your strategic vision with a phrase or company slogan.
Business
1 answer:
Artemon [7]4 years ago
8 0

Answer:

Taking into account that our organization is into footwear, one may need to comprehend the elements of footwear industry. Variations of footwear could resemble easygoing wear, formal, sports, crossover and so on.  

Let us confine ourselves to sportswear.  

Subsequently vision articulation could be "Make consistent and unmatched games and athletic footwear that gives additional solace to the players and improve their exhibition through excellent materials".  

Each vision explanation ought to be lined up with key objectives. Key objectives ought to be  

Advance various and serious workplace while furnishing quality items with stringent quality control.  

To answer "Where we are going",  

Adjusted vision proclamation and key objectives should prompt a solid money related execution.  

Increment in profit per share, better FICO score (say A to A+) and increment income by 10%.  

Regarding non-budgetary exhibitions, we head towards using retail outlets better, diminished operational costs, Increased big name offer and venture into unexplored markets.  

The manner in which organization is going into the future bodes well as above methodology would bring about catching better piece of the piece of the overall industry which is the thing that any organization would eventually focus on.

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"Melinda!" bellowed Torn to the company’s HR specialist, "I’ve got a problem, and you’ve got to solve it. I can’t get people in
Morgarella [4.7K]

Answer: Yes training is the solution, training is the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. b.To improve productivity, to solve operational problems, to reduce wastage of materials, to boost employees morale. C. Identify training need, define programme objective, design training programme, implement training programme, monitor feedback during couse

Explanation:

a.

Training can be defined as the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. The main objective of training is to achieve a change in behaviour of those workers trained. Training help the workers to acquire technical knowledge and the problems solving skills in which they can utilized on the job in order to achieve the organizational goals and objectives.

b. The need for training includes the following

1. To improve productivity on the part of both the employees and the organization

2.Training helps in solving operational problems such as reduction in the accident in the workplace, Labour turnover, absenteeism, and grievances rate in the workplace.

3. Training help the organization in reducing the wastage of materials used in the production of goods as well as to ensure better utilization of machines used in production of goods.

4. Training helps in boosting the morale of the workers in the organization, in the sense that as the workers acquired new skills it will make them a better workers which increase their market value and enhanced their earnings power which in the long run lead to job security and self actualization for the workers.

5. Training helps in filling the vacancy for specific manpower need which is crucial to the organization survival but which is very difficult to fill through the external recruitment process

6.Training helps in formation of new altitudes for the workers which will help the workers to contribute their quota towards the achievements of the organizational goals and objectives.

c. The summary of the need assessment include the following

1 . Identify the training needs

2. Define the programme objective

3. Design training programme

4.implement training programme

5. Monitor feedback during the course of training

6. Place training participants back on their jobs

7. Conduct post course evaluation to determined the benefits of the training programme.

7 0
3 years ago
Which person argued that a corporate manager's primary responsibility is to the shareholders of the organization and that manage
vitfil [10]

Answer:

The person is

Explanation:

3 0
3 years ago
Mia has an investment that is worth $12,000 after 4 years. If the initial investment was $8,000, what is the annual simple inter
Alexus [3.1K]

Answer: 12.5 %

Explanation:

Hi, to answer this question we have to apply the simple interest formula:  

I = p x r x t  

Where:  

I = interest (investment after interests - principal; 12000-8000=4000)

P = Principal Amount (initial invest)  

r = Interest Rate (decimal form)  

t= time  

Replacing with the values given  

4,000= 8,000 (x) 4

Solving for x :

4,000= 32,000x

4,000/ 32,000 =x

x= 0.125

Since the interest rate is in decimal form, we have to multiply it by 100 to obtain the percentage.

0.125 x 100 = 12.5 %

Feel free to ask for more if needed or if you did not understand something.  

6 0
3 years ago
uppose the Social Security payroll tax were increased today to 16.4 percent in order to solve the 75-year fiscal imbalance in th
dexar [7]

Answer:

Ideally, the amount of the social security payout depends on the average lifetime earning of the residents of the country. The government averages the earning and then finalizes on the amount to be paid by each of the resident. If the payroll tax increases, in the longer run a few workers will get affected but, in the short run the increase has its immediate effect on 92% of the workers. Out of the 92%, 78% have a phase out option whereas 48% of them are under the as-needed scenario.

But, the longer a rate increase is delayed, the higher the increase in lifetime taxes for later generations. Workers born1936–1990 would have higher increases in lifetime taxes under an immediate rate rise, workers born 1996–2005 would generally have higher increases in lifetime taxes under phased increases, and workers born 2006–2015 would have higher increases in lifetime taxes under as-needed increases. The future workers would experience the smallest tax increases under the immediate option. Lifetime taxes for workers born 2011–2015 would rise 16 percent under an immediate increase, 27 percent under phased increases, and 33 percent under as-needed increases.

Thus,The increase in the payroll taxes will increase the cost for the people at different income level, as it is calculated on the basis of the income of the individual. As the women are paid lesser than their male counterparts, it can be said that the male population will be affected more by the increase in the social security payout.

Explanation:

3 0
4 years ago
Best Construction, Inc., and General Real Estate Corporation form a joint venture. A joint venture is usually formed for
STALIN [3.7K]

Answer:

for mutual benefits

Explanation:

A joint venture is a business arrangement made between two parties that agree to come together and unite all of their resources in order to accomplish a specific common goal. Joint ventures are usually formed for mutual benefits, both companies involved benefit greatly from reaching the end-goal that they are working towards, but which neither company could do it without the other's resources.

6 0
4 years ago
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