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
trapecia [35]
3 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]3 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.

You might be interested in
epper Department store allocates its service department expenses to its various operating (sales) departments. The following dat
ad-work [718]

Answer:

Pepper Department Store

The total advertising expense allocated to Department B is:

= $24,000.

Explanation:

a) Data and Calculations:

Expense            Basis for allocation               Amount

Rent                   Square feet of floor space $ 49,000

Advertising        Amount of dollar sales      $ 80,000

Administrative   Number of employees     $ 120,000

Department   Square Feet   Dollar Sales   Number of employees

A                         5,500            $ 355,000              31

B                         5,900            $ 375,000              33

C                         6,100            $ 520,000              35

Totals               17,500          $ 1,250,000              99

Advertising Expense Allocation:

Department A = $22,720 (355,000/$1,250,000 * $80,000)

Department B = $24,000 ($375,000/$1,250,000 * $80,000)

Department C = $33,280 ($520,000/$1,250,000 * $80,000)

6 0
3 years ago
Bachelor’s degrees are typically earned in _____.
WARRIOR [948]

Answer:

A bachelor degree is typically earned between 3 and 4 years. Many schools require students to complete about 40 courses or 120 credit hours.

8 0
3 years ago
Read 2 more answers
The first step in the decision-making process is to a. define your wants and needs b. identify your choices c. make a decision d
MA_775_DIABLO [31]

the first step is identify your choices

5 0
2 years ago
What is meant by market in the lower-of-cost-or-market rule?
Pavel [41]

Answer:

Stock is valued at lower of : cost or market price [prudence principle]

Explanation :

Prudence or Conservatism is an accounting principle : anticipating for all possible losses & expenditures, not anticipating for possible profits & gains. This makes business better prepared to face all contingent expenditures/ losses.

This concept's implication is that : Stock or Inventory is valued at the value whichever is lesser between 'cost of inventory' & sale price. This makes inventory valuation as per the above explained Prudence/ Conservatism principle.

7 0
3 years ago
Sheldon has the following year-end account balances: Accounts Receivable, $5,000; Supplies, $12,000; Equipment, $18,000; Account
Reptile [31]

Answer:

the balance in the Cash account should be C : $25,000.

Explanation:

Assets=(Liabilities+Owner’s Equity)

Assets= Cash+account receivable+Suplies+Equipment

Cash                       25.000

Acoount Receivable    5.000

Supllies                      12.000

Equipment              18.000

Assets                     60.000

 

Account Payable        17.000

Liabilities              17.000

 

Stakholder equity       43.000

Equity                       43.000

Liabilities+ Equity       60.000

4 0
3 years ago
Other questions:
  • Which is an example of a document that needs to be saved for financial planning?
    14·1 answer
  • g 7) All of the following are examples of product costs except: A) depreciation on the company's retail outlets. B) salary of th
    9·1 answer
  • Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future. Matthew eagerly accepts. Do they h
    13·1 answer
  • Body Sync Inc. is a chain of gyms. It offers a fitness package that allows its members to use the gym facilities for 12 months b
    13·1 answer
  • In Bovania, cattle compose 48 percent of the consumer price index (CPI), housing composes 32 percent, and entertainment accounts
    11·1 answer
  • The Matterhorn Corporation is trying to choose between the following two mutually exclusive design projects:
    9·1 answer
  • In a market when the price of a good changes:
    11·1 answer
  • How will thinking on the margin help increase the chance of long-term success for your business, even if additional competition
    6·3 answers
  • On the end-of-period spreadsheet, Supplies has a balance of $2,000 in the Unadjusted Trial Balance Debit column and an adjustmen
    5·1 answer
  • Trent Inc. needs an additional worker on a multiyear project. It could hire an employee for a $88,000 annual salary. Alternative
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!