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REY [17]
2 years ago
15

The first component of the strategic management process is: a. deciding on a fit between the organization's strengths and weakne

sses and the environment's opportunities and threats. b. determining the firm's employee turnover rate. c. crafting the organization’s mission statement. d. analyzing the macroenvironment. e. coming up with a damage control plan.
Business
1 answer:
jeka57 [31]2 years ago
8 0

Answer:

The correct answer is  C. crafting the organization’s mission statement.

Explanation:

What is strategic management?

strategic management involves developing  a plan of action designed to achieve a long-term or overall aim. It is the process of developing  strategic vision, setting out goals and  objectives, formulating and implementing plan of actions and introducing corrective measures for the deviations to achive organisation planned goals.

The first stage of a strategic management is defining of strategic intent of the organisation and the strategic intents include :establishing vision,  designing mission , setting objectives that will serve as a guide toward the achievement of the organisation stated objectives.

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Answer:

The correct answer is option (b) 44,000

Explanation:

Solution

Given that:

From the question given, the first step to take is to find out how many square feet would the Building Maintenance cost be allocated

Now,

The Square feet over which Building Maintenance cost would be allocated is stated as follows:

The Square feet over which Building Maintenance cost would be allocated = Square Footage of Machining + Square Footage of Assembly = 18000 + 26000

Thus,

=18000 + 26000 = 44,000

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2 years ago
Let mp = marginal product, p = output price, and w = wage, then the equation that represents a situation where a competitive fir
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4 0
3 years ago
The questionnaire used in Fiedler's model to determine leadership orientation is called the
Yakvenalex [24]

The answer to the question is (B) least preferred coworker scale.

Fiedler uses this for his contingency leadership model, which describes how the best leader is the ones who showcased the best behaviors to manage the circumstances that he or she finds themselves in.

The LPC (least-preferred coworker scale) <u>measures an individual’s leadership orientation, where high scores have high human relations orientation and low scorers have high task orientation.</u>

3 0
3 years ago
Susan put her savings into a mutual fund that paid a nominal interest rate of 3 percent a year at the beginning of 2005. the cpi
Ksju [112]

Answer:

-0.11% per year

Explanation:

Here, we want to calculate real interest rate.

Firstly, we calculate the inflation rate

mathematically the inflation rate = (cpi at the end of year - cpi at the beginning of year)/cpi at the beginning of year * 100%

Inflation rate = (232-225)/225 * 100% = 3.11%

we now proceed to calculate the real interest rate

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from the question, nominal interest rate = 3%

real interest rate = 3% - 3.11% = -0.11%

This means that the real interest rate earned by sally is -0.11% per year

8 0
3 years ago
Dairy Cream Inc. makes and sells ice cream. Dairy Cream wants to merge with EZ Freeze Inc., its main competitor and a maker of i
Readme [11.4K]

Answer:

b. products that have identical attributes, such as frozen yogurt.

Explanation:

A monopoly is formed when a firm or a group of firms have a an unfair advantage in supplying a product and faces no competition while operating.

It is important to identify the market where the monopolist exists.

In the given scenario where Dairy Cream wants to merge with EZ Freeze Inc., its main competitor and a maker of ice cream and other frozen desserts. The merger will eliminate competition and the product market is defined under ice cream and products that have identical attributes, such as frozen yogurt.

8 0
3 years ago
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