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stepladder [879]
3 years ago
10

In large organizations, planning usually takes place at three levels of management. discuss the three levels and steps in the pl

anning and strategy-making process. be sure to consider how they are linked with each other. provide an example that supports your conclusions from current events..
Business
1 answer:
jonny [76]3 years ago
7 0
The three levels of planning is the corporate, business and functional planning
.3 Levels:
1. Corporate level strategy illustrates decisions that affect an entire company.It specifies whichindustry an organization should compete and why?
2. Business level strategy specifies the methods or tactics a business or organization will use togain a competitive advantage over their competition.
3. Function level strategy is the action plan of how each division within a company willpositively add to increase the productivity of goods and services.
3 steps in planning process:
1. Determining the Organization’s Mission and Goals - Throughan analysis of information gathered during environmentalanalysis, managers can determine the direction in which anorganization should move. 2. Formulating Strategy (TacticalPlan) – Analyze the current situation and develop strategies.Strategy formulation requires a series of steps performed insequential order. The steps must be taken in order because they<span>build upon one another. 3. Implementing Strategy</span>
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Answer:

Year 1

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EBIT = Revenue - Operating expense - Depreciation

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Year 2

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Suppose that an inventor discovers a new chemical compound that can change the color of a person's eyes with no negative side ef
pentagon [3]

Answer:

d) The inventor should produce all the units for which marginal revenue equals or exceeds marginal cost.

Explanation:

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She now has a monopoly in the market. To maximise her profits she needs to set price of the product so marginal revenue is equal to or greater than the marginal cost.

Marginal revenue is the additional income earned per unit produced, while marginal cost is the additional cost incurred with extra unit produced.

When MR is equal to MC the business breaks even, and when MR is greater than MC the business is making profit.

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klasskru [66]

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Based on the information provided within the question it can be said that in this scenario AI Rubber would be considered a cash cow. This term refers to a business and/or product that generates a steady revenue or profit for the owning company or individual. Since AI Rubber has a 45% market share we can say that they are the cash cow of the corporation.

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Price elasticity of demand shows
Evgen [1.6K]
I think the answer is D
4 0
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