1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tia_tia [17]
4 years ago
3

By using your _______ ________ (2 words) in management and board decisions, posting it clearly, and incorporating it into evalua

tions, you can reinforce that it is paramount to your organization.
Business
1 answer:
inysia [295]4 years ago
8 0

Answer:

By using your mission statement in management and board decisions, posting it clearly, and incorporating it into evaluations, you can reinforce that it is paramount to your organization.

Explanation:

An organization is a group of people that work together for the collective attainment of set organizational goals. Most business organization have a mission statement. A mission statement can be defined as a brief statement that reinforces the reason for the organization's existence. A mission statement usually includes; organizational goals, the kind of service they provide, it's customers and their geographical area of operation. The mission statement usually serves two purposes, namely; it reminds the employees to stay focused in achieving their goals and also encourages them to find new and creative ways of moving the organization forward.

A mission statement can be very beneficial in many ways, example;

1. It serves as a marketing tool since it outlines briefly why the company exists and what the organization does. Potential customers might get attracted by the value expressed by the mission statement.

2. It also helps the organization members stay focused in their activities to achieve organizational goals.

You might be interested in
In the athletic shoe market, reebok and nike practice __________ positioning since both manufacturers vie for the same customers
andrezito [222]

Product positioning.

Product positioning is the place a product occupies in consumers' minds based on important attributes relative to competitive products

6 0
3 years ago
Ally Bank has more than $95 billion in customer deposits but has no brick-and-mortar locations. The bank provides high levels of
aliina [53]

These illustrations highlight the influence of competitive elements as a component of the external environment.

<h3>Is competition a part of the external environment?</h3>

By definition, the external environment includes all external forces and influences that have an impact on how businesses operate. Competitive, political, technological, and economic issues are included in the business environment variables.

<h3>What does external competition entail?</h3>

A business competes and operates in a dynamic external system known as a competitive environment. The marketplace in which you compete will be more competitive the more vendors there are of a given good or service.

<h3>Which elements influence the competitive environment?</h3>

From a microeconomics perspective, there are five fundamental variables that might affect competition: the characteristics of the product, the number of sellers, entrance barriers, the accessibility of information, and location.

learn more about competitive factors as part of the external environment here<u> brainly.com/question/15071676</u>

#SPJ4

3 0
2 years ago
Which of the following is excluded from gross income? (Points : 5) Prizes Scholarships for tuition Hobby income Rental income Al
padilas [110]
Im going to say All of the above 
5 0
3 years ago
A firm cuts its dividend payout ratio. As a result, you know that the firm's ________. earnings growth rate will fall stock pric
hjlf

When the firm cuts its dividend ratio, the earnings retention ratio will increase.

<u> Explanation: </u>

The retention ratio is the extent of profit held back in the business as held income. It is something contrary to the payout proportion, which gauges the level of benefit delivered out to investors as profits.

The maintenance proportion is additionally called the plowback proportion. Held benefit is the benefit stayed within the instead of paid out to investors as a profit. Held benefit is broadly viewed as the most significant long haul wellspring of fund for a business .

5 0
3 years ago
Which technique of the Implement Risk Responses process includes cost software for ensuring that agreed-upon risk response plans
sveta [45]

Answer:

The options for this question are the following:

a) risk probability

b) PMIS

c) data anlysis

d) expert judgement

The correct answer is b) PMIS .

Explanation:

The PMIS (Project Management Information System) solution is an organizational effort that integrates processes, methodologies, people (roles) and a computer tool so that in a coordinated way it aims to achieve strategic business objectives through a constant flow of portfolios, programs , projects, tasks, resources and human talent.

Organizations in order to optimize their portfolio, program and project management processes require having a solution that complies with:

  1. Easy drive.
  2. Configuration adjusted to organizational needs.
  3. Staff trained in both methodology and solution.
  4. Management indicators and reports for each of the levels of government.
  5. Integration with business tools
5 0
3 years ago
Other questions:
  • Marco and Fred enter into a contract for the sale of Marco's apartment for which Fred agrees to pay him $100,000. Marco cannot p
    13·1 answer
  • The units of an item available for sale during the year were as follows:
    5·1 answer
  • In a job-order costing system, indirect labor cost is usually recorded as a debit to:
    5·1 answer
  • A savings account earns 3.6% (APR), compounded monthly, so it earns 0.3% each month. Mauricio has $1000 in the account now. If h
    9·2 answers
  • The following information applies to the questions displayed below.
    11·1 answer
  • One difference between straight-line and double-declining-balance depreciation methods is that: A. Straight-line method will ful
    8·2 answers
  • QUESTION 7 of 10: Which is NOT a use for market research?
    5·1 answer
  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.
    6·1 answer
  • If PPE will be used, what should employers develop and maintain in the workplace?
    12·1 answer
  • A firm with a cash conversion cycle of 175 days wants to stretch its average payment period from 30 days to 45 days. this will r
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!