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kiruha [24]
3 years ago
12

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
Within a(n) _____, there is a level of economic integration that involves the use of a common currency, harmonization of members
Ad libitum [116K]

Answer:

Within an economic and monetary union, there is a level of economic integration that involves the use of a common currency, harmonization of members' tax rates, and a common monetary and fiscal policy .

Explanation:

An economic and monetary union is a form of economic integration of states, including the common market, harmonization of economic policy (or common economic policy) in several areas, and monetary union (a common currency or at least fixed exchange rates between Member States). It is the fifth phase of economic integration.  

Sometimes a monetary union is seen as either the starting point of an economic (and monetary) union, sometimes - more often - than its completion. Since there is also a monetary union without a common market and / or harmonized economic policy, the concepts of "economic and monetary union" and "monetary union" need to be differentiated.  

A typical example is the European Union's Economic and Monetary Union.

7 0
3 years ago
A city starts a solid waste landfill during 2017. When the landfill was opened the city estimated that it would fill to capacity
Allushta [10]

Answer:

The interpretation of the particular question is outlined in the following segment on the clarification.

Explanation:

The facility was indeed 20 percent full by either the end of December 2017 therefore the 3,00,000 would still have been recognized as an expenditure.

The facility also seems to be 45 percent complete at either the end of 2018, meaning that the 3,75,000 will have been accepted as expenditures,

⇒  1,500,000\times (45 \ percent-20 \ percent)

By most of the end of the decade, the financial sheet provides a snapshot 6,75,000 although this debt would be,

⇒  1,500,000\times 45 \ percent

So 3,75,000 should have been shown as the cost of the rest in the financial information for 2018, as well as 6,75,000 would have been shown as contractual obligations.

6 0
3 years ago
Flower farming is earning popularity day by day in Nepal justify this statement
ankoles [38]

Importance of flower cultivation is increasing day by day in Nepal because they understood the income which can be generated by floriculture and the soil also permits the cultivation of the plants at a large scale.

3 0
3 years ago
Companies Heidee and Leaudy are virtually identical in that they are both profitable, and they have the same total assets (TA),
Gemiola [76]

Answer:

Correct Answer:

e. Company Heidee has a higher ROE than Company Leaudy.

Explanation:

Return on Equity, (ROE) is a ratio that provides investors with insight into how efficiently a company and more specifically, its management team is handling the money that shareholders have contributed to it. That is, it measures the profitability of a corporation in relation to stockholders' equity.

<em>Company Heidee has the higher debt ratio shows that the ROE is very high. This shows that the investors money in Company Heidee is well managed in the business.</em>

3 0
3 years ago
Parliament Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Parliam
ss7ja [257]

Answer:

Note: <em>The complete question is attached as picture below</em>

<em />

We are add the previous month +10% to get that month's amounts

                              Sales Budget

                       January     February    March

Cash sales      $50,000   <u>$55,000</u>    <u>$60,500</u>

Credit sales    $120,000  <u>$132,000</u>  <u>$145,200</u>

Total sales      $170,000 <u>$187,000</u>  <u>$205,700</u>

<u>Workings</u>:

February

Cash sales = 50,000+(50,000*10%) = $55,000

Credit sales= 120,000+(120,000*10%) = $132,000

March

Cash sales = 55,000+(55,000*10%) = $60,500

Credit sales= 132,000+(132,000*10%) = $145,200

7 0
3 years ago
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