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2 years ago

Which of the following is a difference between strategic planning and tactical planning?

Business

1 answer:

katen-ka-za [31]2 years ago

6 0

Answer:

so here correct option is b. Strategic planning is done by top-level managers, whereas tactical planning is done by middle-level managers

Explanation:

we know that strategic plan is a course of action that is a long term goal and generally up to 5 years while tactical planning course of action is short term goal and generally with in a year or less than year

and

In strategic plan top management must develop and use summary report on finances and operations and external environment while tactical planning have shorter time frame and narrower scope than strategic so middle level management do it

so here correct option is b. that is strategic planning is done by top level manager and tactical planning is done by middle level manager

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Instead of attending class, one could have worked an extra hour at the café for $10 or watched a neighbor’s child for $15. the o

Lina20 [59]

The opportunity cost of attending class is the $15 that could have been made by watching a neighbor's child.
Opportunity cost refers to the benefits that one gives up in order to enjoy another benefit, that is, the benefit that is sacrificed.
In this question, two benefits are given up, but the real opportunity cost is the one that have the highest value, which is the $15.

6 0

3 years ago

Is it possible that a person might be an effective leader in one situation but not in another

amid [387]

Yes, effective leadership involves chosing the right style for the situation. Every leadership situation has different variables and followers. Think of a coach that fails with one team and wins with another.

6 0

3 years ago

Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are sel

zepelin [54]

Answer:

$22,500

Explanation:

Chance of getting low quality car = 50%

Chance of getting high quality car = 50%

Cost of low quality car = $15,000

Cost of high quality car = $30,000

So, Price of the car = 50% of lower quality + 50% of higher quality

= (50% × $15,000) + (50% ×30,000)

= $7,500 + $15,000

= $22,500

Hence, price of the used car will be $22,500.

3 0

3 years ago

Rizzo Manufacturing produces two types of cameras: 35mm and digital. The cameras are produced using one continuous process. Four

tiny-mole [99]

Answer:

Total overhead assigned to each the 35mm camera $ 66,000

An Activity Rate for receiving $8 per receiving order

Receiving costs for 35mm camera $1600

An Activity Rate for packing $ 10 per packing order

Explanation:

Product Machine Hours Setups Receiving Orders Packing Orders

35mm 10,000 100 200 400

Digital 10,000 250 800 2000

Cost $60,000 $40,000 $8,000 $24,000

Total Overhead Costs= $ 60,000 + $ 40,000 + $ 8000+ $ 24,000= $132,000

Total overhead assigned to each the 35mm camera=( Total Costs/Total Machine Hours) * 35mm camera machine hours

Total overhead assigned to each the 35mm camera= ($ 132,000/ 20,000)10,000= $ 66,000

An Activity Rate for receiving based on receiving orders= 8000/1000= $8 per receiving order

Receiving costs for 35mm camera= 8 * 200= $1600

An Activity Rate for packing based on packing orders = 24000/ 2400= $ 10 per packing order

5 0

3 years ago

Instructor Services is a technology company that offers many IT services in highly populated southern Ohio. The company's servic

Brrunno [24]

Answer:

E is the correct options, broad needs and many customers

Explanation:

The fact that Instructor Services offers many related services shows that its strategic intent includes providing a wide of range technologically related services which also includes sales and repairs of computers.All of these refer to the drive to fulfill many needs.

Secondly, the location of the business was a strategically crafted, in this sense that Ohio is highly populated and establishing business in such business district gives an assurance of high patronage from diverse group of many customers.

3 0

3 years ago

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