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ololo11 [35]
2 years ago
5

The organizational-management process consists of seven steps: (1) doing research, (2) establishing the mission and vision, (3)

assessing the current reality, (4) formulating the grand strategy, (4) implementing the strategy, (6) maintaining strategic control, and (7) maintaining the feedback loop.
Business
1 answer:
Dafna11 [192]2 years ago
4 0

Answer:

The answer is false

Explanation:

The organizational-management process actually comprises five steps and they are:

1. Establishing the mission and vision - This is always the first step. Management sets its mission and vision for the organization. This mission and vision is what guides them, their goals and their core values.

2. Assessing the current reality. Here, the company evaluates through doing research how it is doing compared with Competitors. And what it can do better.

3. Formulating the grand strategy. Strength, weakness, threat and opportunity should be revealed through assessing the current reality. Setting realistic goals and objectives should be the target here.

4. Implementing the strategy. Implementing the grand strategy is the next in line. There must be adequate resources to implement the strategy.

5. Maintaining strategic control which also encompass the feedback loop.

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An investment project provides cash inflows of $1,350 per year for eight years. a. What is the project payback period if the ini
sleet_krkn [62]

Answer:

It will take 3 years and 55 days to cover the initial investment.

Explanation:

Giving the following information:

Cash flows= $1,350

Initial investment= $4,250

<u>The payback period is the time required to cover the initial investment:</u>

<u></u>

Year 1= 1,350 - 4,250= -2,900

Year 2= 1,350 - 2,900= -1,550

Year 3= 1,350 - 1,550= -200

Year 4= 1,350 - 200= 1,150

<u>To be more accurate:</u>

(200 / 1,350)= 0.15*365= 55 days

It will take 3 years and 55 days to cover the initial investment.

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2 years ago
Which of the following best characterizes the factors involved in a cost-benefit analysis?
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Answer:

The option there are both monetary and non-monetary considerations that must be taken into account, is the best option that characterizes the factors involved in a cost-benefit analysis.

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3 years ago
Slater Mines just called its outstanding bonds at a call price of $1,025. The bonds have a conversion price of $33.33 and a par
Kazeer [188]

Answer:

In response to this call, the bondholders should Accept the call as call price exceeds the conversion value

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5 0
3 years ago
On August 15, we purchased equipment for $5,000. We paid $1,000 down with the remainder to be paid later. What account(s) would
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Answer:

a. Cash and accounts payable

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Equipment A/c Dr $5,000

       To Cash A/c $1,000

       To Account payable A/c $4,000

(Being the equipment is purchased for cash and on account)

Since the equipment is purchased for $5,000 that increase the asset account and the cash is paid for $1,000 so it would be credited plus the remaining amount is given on credit basis so we credited the account payable account

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