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REY [17]
3 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]3 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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Roosevelt launched the second new deal because of the failure of his initial policies to pull the country out of the depression
Hitman42 [59]
The second deal focused on social welfare to ease the problem brought by the great depression. The goals were: social securities for retirement, employment for those who are unemployed; health services, housing for illegal settlers and improvement on national resources.
7 0
3 years ago
The following data relating to direct materials cost for October of the current year are taken from the records of Good Clean Fu
Dima020 [189]

Answer:

standard price= $5

Explanation:

Giving the following information:

Quantity of direct materials used 3,000 lbs. Actual unit price of direct materials $5.50 per lb. Units of finished product manufactured 1,400 units Standard direct materials per unit of finished product 2 lbs.Direct materials quantity variance-unfavorable $1,000Direct materials price variance-unfavorable $1,500.

Direct material price variance= (standard price - actual price)*actual quantity

-1,500= (SP - 5.5)*3,000

15,000=3,000SP

5= standard price

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (1400*2 - 3,000)*5

Direct material quantity variance= 1,000 unfavorable

5 0
3 years ago
According to liquidity preference theory, the money-supply curve would shift rightward a. if the Federal Reserve chose to increa
Dmitrij [34]

According to liquidity preference theory, there is a rightward shift in the money supply curve when the federal reserve decides to raise the money supply.

Option A is the correct answer.

<h3>What is a federal reserve?</h3>

The federal reserve is the central banking authority in America which was established in the year 1913 under the Federal Reserve Act.

When the federal reserves increase the money supply then the money supply curve moves in the right direction and when the federal reserve decreases the money supply then the money supply moves toward the left. This shows a direct relationship between the federal reserve and the money supply curve.

Therefore, there is a rise in money supply by the Federal reserve causing the money supply curve to shift in the right direction.

Learn more about the rise in money supply in the related link:

brainly.com/question/26000265

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4 0
2 years ago
In a republic, elected officials create
s2008m [1.1K]
They make laws to regulate the economy. Hope this helps :)
6 0
3 years ago
Read 2 more answers
Suppose that nominal GDP was $10000000.00 in 2005 in Orange County California. In 2015, nominal GDP was $12000000.00 in Orange C
amid [387]

Answer:

50%

Explanation:

Here is important to know that when we have the inflation rate (1,50% in this case) this indicator is enough to get the effect of the prices in an economy and get the nominal GDP affected by prices, so if the price level is 1,50% after the comma we have the average of the growth.

6 0
3 years ago
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