a credit unionis a financial institution that is owned and controlled by its members rather than shareholders. The members of the credit union pool their deposits and provide loans and other financial services to each other.
In order to achieve solid business strategy in the leadership plan, the three goals the leadership plan includes are attracting new customers, increasing revenue, and decreasing cost price.
The three main goals in order to achieve solid business strategy in the leadership plan are targeting and attracting new customers, decreasing the cost price of goods or services being offered, and increasing the revenue.
The detail of these goals is given below:
- Attracting new customers is considered an important leadership goal as it increases market share and promotes competition with other brands. New customers are important in terms of sales. It is needed for a business to grow.
- Increasing revenue It is considered an important leadership goal because the basic purpose of every business is to earn profit. More growth means more profit. If an organization will be able to increase its revenue it will be able to maximize its profit.
- Decreasing cost price It is considered an important leadership objective because if the sale remains same then the company will earn more profit. The cost is linked directly with profitability. More profit means more growth of the company.
Therefore attracting new customers, increasing sales of product and services offered and decreasing cost are considered three goals that a leadership plan must include to achieve business strategy.
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<span>Ban-lore In Entry Exclusive Dwnershlp Government- ol' a Key mated Economies Scenarlo Raoul-an Honopollel of Scale In order to own and opelate a taxi, drivers are required to obtain a taxi medallion. ’7 ’3‘ ’7‘ The Aluminum Company of America (Alcoa) formerly controlled all U.S. sources of bauxite, a key component In the production of aluminum. Given that Alcoa did not sell bauxite to any other h h n companlu, Alcoa was a monopolist in the U.5. aluminum industry from the Iatchnineteenth ' century until the 19405. In the natural gas industry, low average total oosls are obtained only through large-scale production. In other words, the initial oost of setting up all the necessary pipes and hoses makes F‘- r‘ ”i“- it risky and, most likely, unprofitable for competitors to enter me market.</span>
Answer:
Globalization of markets and brands
Correct option A
Explanation:
Globalization has enabled firms to specialize and to increase the intensity of R&D, innovation and capital in their output.
Globalization has made it easier for new companies to start competing with old companies.
Globalization has made companies to increased the number of people that it employs, both through exports and imports.
Answer:
6.12%
Explanation:
Calculation for How does our decision depend on the interest rate at which we can invest our funds
Present value = 6000-3060
Present value = 2940
Future value = Present value+Present Value*Numver of month* Rate of interest/ 100
3000 = 2940+2940*4/12*R/100
60 = 2940*4/12*R/100
60*12/4 = 2940*R/100
180 = 2940*R/100
180/2940 = R/100
0.061224 = R/100
Rate = 6.1224
Therefore How does our decision depend on the interest rate at which we can invest our funds is 6.1224
