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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.

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Hart Technology must accrue a loss contingency. The amount of the loss can be reasonably estimated within a range of outcomes. O
Shtirlitz [24]

The amount of loss that should be recognized is the <u>minimum amount </u><u>of the </u><u>range. </u>

<u />

<h3>Recording a Contingent liability </h3>
  • It should only be recorded if the loss is probable and the amount to be incurred as liability can be reasonably estimated.
  • If neither of the above are possible, the loss would be recorded as a footnote.

US GAAP rules state however that if the loss is probable and the amount is in a range, the amount to be recorded as a contingent liability should be the minimum of the range.

In conclusion, they should recognize the minimum amount.

Find out more on contingent liabilities at brainly.com/question/17371330.

3 0
2 years ago
If a stricter quota, such as 30,000 tons of apricots, was imposed on this market, we would expect:
gizmo_the_mogwai [7]

Base on the given situation above, if there is a presence of stricter quota such as with the 30,000 tons of apricots to be provided and was imposed on a market, it is expected that quantity demand and the imports in the market to decrease even if the domestic quantity and price that has been provided will increase.

8 0
3 years ago
Which two advantages do renters have that home buyers don’t have?
bazaltina [42]
<span>C) Renters don’t have to pay for major repairs to the property.</span>
7 0
3 years ago
Read 2 more answers
A fundamental aspect of _____ is that it effectively conducts global business by providing an individual the right to freedom of
Rus_ich [418]

Answer:

<u>Democracy.</u>

Explanation:

Democracy is a social organization characterized by popular influence and participation in the political decision-making process. In the democratic regime, the people are free to choose their rulers through votes.

It can be defined in a broader context as a constitutional, electoral and administrative order, the foundations of which must be established according to a social system. Some fundamentals of democracy are:

  • Freedom of expression and opinion of the individual.
  • Freedom of expression and political opinion of the individual.  
  • Equal political rights and favorable opportunities for the people and parties to speak out on decisions of general interest.
5 0
3 years ago
You are looking to buy a car and you have been offered a loan with an APR of 5.7 %​, compounded monthly. a. What is the true mon
lukranit [14]

Answer:

Monthly Interest rate = 0.475%

EAR = 5.85%

Explanation:

a.

APR = 5.7%

Monthly Interest rate = APR / n

Monthly Interest rate = 5.7% / 12

Monthly Interest rate = 0.475%

b.

APR = 5.7%

m = 12

EAR = [ ( 1 + (APR / m))^m] - 1

EAR = [( 1 + (0.057 / 12))^12] - 1

EAR = [( 1 + 0.00475 )^12] - 1

EAR = [( 1.00475 )^12] - 1

EAR = 1.0585 - 1

EAR = 0.0585

EAR = 5.85%

True monthly rate of​ interest is 0.475%

EAR is 5.85%

5 0
3 years ago
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