Answer: strategic planning
Explanation:
A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.
Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.
The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.
Answer:
mom what do you mean by this like what
Answer:
determining the final price
Explanation:
In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.
So he is promoting a higher quality of legal representation compared to other firms.
The next step in his pricing strategy will be to set the final price he wants to.offer his services.
This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.
Answer:
for mutual benefits
Explanation:
A joint venture is a business arrangement made between two parties that agree to come together and unite all of their resources in order to accomplish a specific common goal. Joint ventures are usually formed for mutual benefits, both companies involved benefit greatly from reaching the end-goal that they are working towards, but which neither company could do it without the other's resources.
The rational rule would allow a business owner to experiment with hiring more workers until profits are maximized.
A business is the interest of creating one's dwelling or creating wealth by using producing or buying and selling merchandise. it is also "any interest or organization entered into for income."
A commercial enterprise is described as an employer or enterprising entity engaged in industrial, commercial, or expert activities. businesses may be for-earnings entities or non-earnings groups. business sorts a variety from restrained legal responsibility corporations to sole proprietorships, groups, and partnerships.
The definition of business enterprise is an occupation or alternate and the acquisition and sale of products or services to make a profit.
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