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4 years ago

What are the steps to strategic management?

Business

1 answer:

kkurt [141]4 years ago

7 0

Answer:

The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring. Let's take a look at how each of these steps ties into the overall strategic management process. The first part of strategic management is to plan and set your goals.Nov

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Xaq-vbct-cix<br> heres a code for whoever wants to join my meeting for fun

mrs_skeptik [129]

Answer:

maybe later

Explanation:

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3 years ago

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An industry is composed of 10 firms, all with equal sales (e.g. firm 1 sales are 10% of the market, firm 2 sales are 10% of the

Gelneren [198K]

Answer:

0.40

Explanation:

The four firm concentration ratio = 10%+ 10% + 10% + 10% = 40% =0.40

I hope my answer helps you

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4 years ago

What are the main purposes of a budget?

disa [49]

In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance

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3 years ago

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Suppose that the inverse demand for San Francisco cable car rides is p=10-(Q/1000), where p is the price per ride and Q is the n

Yuki888 [10]

Answer:

Explanation:

Revenue is given by the number of rides per day (Q) multiplied by the price per ride (p):

$r=Q*p=Q*(10-\frac{Q}{1000}) \\R=10Q-\frac{Q^2}{1000}$

The number of rides 'Q' for which the derivate of the revenue function is zero is the revenue-maximizing number of rides:

$R(Q)=10Q-\frac{Q^2}{1000}\\R'(Q) = 0 = 10-\frac{Q}{500}\\Q=5000\ rides$

The price per ride at an activity of 5000 rides per day is:

$p(5,000) = 10 - \frac{5,000}{1,000}\\p=\$5$

Therefore, the revenue-maximizing price is $5

3 0

3 years ago

A company borrowed $28,000 by signing a 180-day promissory note at 6%. The total to be paid at maturity of the note is: (Use 360

artcher [175]

Answer:

So maturity value will be equal to $282840

Explanation:

We have given borrowed amount = $28000

Signing day , that is note = 180

Total day in a year = 360 days

Interest rate = 6 %

So interest on the borrowed amount $=\frac{borrowed\ amount\times interest\ percent\ an\ amount\times note\ period}{days\ in\ year}=\frac{28000\times 6\times 180}{360}=$840$

So maturity value of the note = borrowed amount + interest on note period

= $28000+$840 = $28840

So maturity value will be equal to $282840

7 0

3 years ago