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Alenkasestr [34]
3 years ago
5

Evaluating the data collected from environmental analysis, the corporate executives of F&S Pharma Inc. realized that it was

the right time to expand the business. The company's vision was accordingly adjusted from "To Be the Best in the Pharmaceutical Industry" to "To Make Good Health Accessible to Everyone around the Globe." To support the new vision, the executives decided that the company would first enter the Asian market where its growth potential would be huge. To further support these decisions, the general managers of different SBUs and the functional managers formulated their own strategies. Which of the following approaches to the development of strategy does this best illustrate?
A.Reverse mentoringB. Top-down strategic planningC. Bottom-up strategic approachD. Scenario planning
Business
1 answer:
NikAS [45]3 years ago
4 0

Answer:

Top-down strategic planning.

Explanation:

There are two methods of strategic planning:

-Bottoms up approach.

-Top down approach. It is the major activity of top management in planning based on the analysis of the total market conditions and analysis.

The company directives and goals flow down from the top to subordinates below. Unifies a company behind one purpose, direction, command and standard, dictated from above and spread throughout the organization.

It allows management to divide a project into steps, and then into still smaller steps. This continues until the steps can be studied, due-dates can be accurately assigned, and then parts of the project can be assigned to an employee.

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Micron owns 35% of Martok. Martok pays a total of $47,000 in cash dividends for the period. Micron's entry to record the dividen
creativ13 [48]

Answer:

1. Option (A) is correct.

2. Option (C) is correct.

Explanation:

1. Micron's entry to record the dividend transaction is as follows:

Cash A/c      Dr. $16,450

To Long - Term Investments  $16,450

(In this case, since the holding interest is more than 20%, Equity method is used)

workings:

Dividend = $47,000 × 35%

               = $16,450

2. The entry to record the receipt of dividend would be:

Cash A/c     Dr. $12,000

To Dividend Revenue A/c   $12,000

(To record the receipt of dividend)

Workings:

Dividend = 3,000 shares × $4 per share

               = $12,000

4 0
3 years ago
What does the intersection point of the demand and supply curves mark? The intersection point of the demand and supply curves ma
vladimir2022 [97]

Answer:

The equilibrium point

Explanation:

The equilibrium point is where there is an exact quantity of production output that perfectly satisfies the total demand of the market.

6 0
3 years ago
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An asset costing $50,000.00 with a residual value of $5,000.00 has an estimated useful life of 5 years. Using the declining-bala
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The balance sheet of Messi Services included the following shareholders' equity section at December 31, 2018: ($ in millions) Co
Yuri [45]

Answer: The answer is c $1,080 $560

Explanation:

The journal entry will be

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Dr: paid in capital $180 million

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Basile [38]

Answer: I think

Explanation:

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