All categories

3 years ago

When companies adopt the strategy-making and strategy execution process it requires they start by

Business

1 answer:

Law Incorporation [45]3 years ago

3 0

Answer:

The answer is A. developing a strategic vision, mission and values.

Explanation:

When companies formulate strategy, It involves choosing the most appropriate method or course of action that will help in actualizing the companies goals.

Strategy formulation and execution is important for the achievement of goals of an organisation because it helps to provide a path that the organisation will follow towards achieving their objectives.

In formulating and executing strategy, the first step to take is to develop a strategic vision, mission and values for the organisation.

The stage of vision , mission and value statement requires the organisation to state clearly why it is existing, what it intends to achieve, how it intends to achieve it, and the various guiding principles that will assist such organisation in achieving it goals and objectives.

You might be interested in

An investment earns 10% the first year, 15% the second year and loses 12% the third year. Your total compound return over the th

Advocard [28]

Answer: 11.32%

Explanation:

Given the above variables, the total compound return can be calculated by;

= (1 + r)(1 + r₂)(1 + r₃)...(1 + rn) - 1

= (1 + 10%)( 1 + 15%) (1 - 12%) - 1

= 11.32%

7 0

3 years ago

A firm utilizes a strategy of capital rationing, which is currently $375,000 and is considering the following two projects: Proj

irinina [24]

Answer:

The manager should pick project B

Explanation:

To determine what decision the manager should make, the NPV of both projects should be calculated.

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

NPV for project A

Cash flows:

Year 0 = $-335,000

year 1 = $140,000

year 2 = $150,000

year 3 = $100,000

I = 6%

NPV= $14,536.87

NPV for project B

Cash flows:

Year 0 = $-365,000

year 1 = $220,000

year 2 = $110,000

year 3 = $150,000

I = 6%

NPV= $66,389.67

Both projects are profitable but because the firm uses capital rationing , the manager has to pick the now profitbale project, which is project B.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0

3 years ago

Citizens united permitted individuals and organizations to form committees, called ________, which can raise unlimited amounts o

Tema [17]

<span>Citizens united permitted individuals and organizations to form committees, called POLITICAL ACTION COMMITTEES </span><span> which can raise unlimited amounts of money to run political advertising
Political action committees usually work together with several interest groups in order to place a mutually beneficial candidate on the office. Since it absorb money from private sector to the government, the amount of money collected by PAC will not affect governmental budget</span>

8 0

3 years ago

Wooderson Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sa

tankabanditka [31]

Answer:

FIFO COST OF GOODS SOLD$ 239,200

b) Weighted Average Inventory $ 6120

c) LIFO Ending Inventory = $ 5000

Explanation:

Wooderson Company

Periodic inventory system

Units Unit Cost Total Cost

3/1 Beginning inventory 100 $40 $ 4000

3/3 Purchase 60 $50 $ 3000

3/4 Sales 60 $80 $ 4800

3/10 Purchase 200 $55 $ 11000

3/16 Sales 70 $90 $ 6300

3/19 Sales 90 $90 $ 8100

3/25 Sales 60 $90 $ 5400

3/30 Purchase 40 $60 $ 2400

Sales = $ 4800 + $ 6300 + $ 8100 + $ 5400= $ 246,000

Ending Inventory= 120 units

FIFO Ending Inventory= $ 6800

40 units at $60 = $ 2400

80 units at $55 = $ 4400

FIFO COST OF GOODS SOLD= SALES Less FIFO Ending Inventory

= $ 246,000- $ 6800= $ 239,200

b) Weighted Average Inventory= (Total Cost / Total Units) Ending Units= (20,400/ 400) * 120 = $ 6120

c) LIFO Ending Inventory = $ 5000

100 units at $40 = $ 4000

20 units at $ 50= $ 1000

3 0

3 years ago

During the current year, Haft Co. became involved in a tax dispute with the IRS. At December 31, Haft’s tax advisor believed tha

GrogVix [38]

Answer:

A) $200,000

Explanation:

In this case, Haft has a wide range of possible losses, between $200,000 to $300,000. Since no amount is more probable than others, then the company can decide to report the lowest estimate as long as all the other estimates have the same probability of happening. But if another estimate was probable, e.g. $220,000, then that estimate should be recorded even if it was higher.

8 0

3 years ago