Answer:
Strategic
Explanation:
If Ming is a manager for a large company and has the authority to determine whether or not the company should expand into new regions and/or expand the company's product line, Then the level of management that Ming represents is Strategic Management
Strategic management involves setting objectives, <u>analyzing the competitive environment</u>, analyzing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization.
Business expansion decisions are taken by the highest level of management based on their analysis of the competitive environment
Given:
<span>$500,000 beg. balance in retained earnings.
</span>$200,000 <span>net income for the year
</span>$1,000,000 <span>sales revenue
</span>$100,000 <span>dividends declared and paid by year-end
Retained earning is the amount left from net income after dividends have been paid. In the given data, sales revenue is not included in the Retained earnings report. It is reflected in the Income statement which generates the Net income.
Retained Earnings, beg. balance 500,000
Add: Net Income for the year <u> 200,000</u>
Total 700,000
Less: Dividends declared and paid this year <u> (100,000)</u>
Retained Earnings, end balance 600,000
</span>
Yes.
Natalie Davis was appointed managing Director of Woolworths supermarket on October 2012.
Natalie joined the group in July in 2015 as director of customer transformation food group.
Find the attachments for complete solution
Note: The obtained results are provided in attachment 2.
