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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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Did you ask this for Edmentum? lol I'm doing the same tutorial.
3 0
3 years ago
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Suppose you observe the following exchange rates: €1 = $.85; £1 = $1.60; and €2.00 = £1.00. Starting with $1,000,000, how can yo
IrinaVladis [17]

Answer:

i'll answer it after 15 years see you then

Explanation:

5 0
3 years ago
Suppose an assistant professor of economics is earning a salary of $75,000 per year. One day she quits her job, sells $100,000 w
34kurt

Answer:

Economic profit  $10,000

Explanation:

Income earned as an assistant professor = Salary + Interest on bonds = 75000 + 5% on 100,000 = 75000 + 5000

Income earned as an assistant professor = $80,000

Income from the bookstrore = $90,000

In calculating economic profit, opportunity costs are deducted from revenues earned.

Economic profit = $90,000 - $80,000 = $10,000

8 0
3 years ago
Which of the following resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a ba
Softa [21]

Concentration banking Drafts resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a bank

Explanation:

Concentration banking drafts resemble checks in that they are drafts payable to a firm guaranteed an amount of money by one firm directly to them but in the case of they are issued directly by the firm and given directly to the firm supposed to take the money.

In the other case it is the bank that processes the amount for the two firm which makes the process little slower than the demand draft wherein the money is transferred to directly.

6 0
3 years ago
Carmen manufactures a unit called A2. Variable manufacturing costs per unit of A2 are as follows:The Don Company has offered to
myrzilka [38]

Answer:

Accepted

Explanation:

In this question, we have to compare the make or buy options which are shown below:

Particulars                                                    Make                    Buy

Direct materials (5,000 units × $1)           $5,000

Direct labor (5,000 units × $10)               $50,000

Variable manufacturing overhead

(5,000 units × $5)                                     $25,000

Fixed manufacturing overhead              $60,000           $110,000 (5,000 units  × $22)                                                                                  

Total                                                        $140,000                $110,000

Since in buy decision, the cost is minimum. So, the company should accept this offer

8 0
3 years ago
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