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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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Wavy Company had a beginning work in process inventory balance of $ 32 comma 900$32,900. During the year, $ 54 comma 700$54,700

vampirchik [111]

Answer:

The ending work in process inventory balance is $3,120

Explanation:

Ending work in process inventory =

Beginning Work in progress inventory + Direct materials + Direct labor + Manufacturing overhead (applied) – Cost of goods manufactured

Beginning Work in progress inventory =$32,900

Direct materials = $54,700

Direct labor = $64,100

Manufacturing overhead (applied) = 120% * $64,100 = $76,920

Cost of goods manufactured = $225,500

Ending work in process inventory = $32,900 + $54,700 + $64,100 + $76,920 - $225,500

= $3,120

Therefore, The ending work in process inventory balance is $3,120

3 0

3 years ago

A ScrumMaster's role is to also be a Servant Leader. Which of the following characteristics is not a Servant Leader characterist

bulgar [2K]

Answer:

D. What are you going to do for me today?

Explanation:

The leader should be first a servant, having a desire to serve than to be served. This makes a leader has authority and not just power by having interactions with ones he leads. He is not just interested in building himself but contributing to growth and development of the people around him.

Therefore asking what one will do for you is not a Servant Leader characteristic because it puts the leader first before the people.

3 0

4 years ago

A and B have a written contract whereby A agrees to sell B a plot of land for $100,000. Later, without terminating the first con

AnnZ [28]

Answer:

B) Is not a contract because there is no consideration for B's promise.

Explanation:

In contract law, consideration is the benefit that must be bargained for between the parties involved. It is the essential reason for the parties entering a contact. Consideration must have some value and is exchanged on the performance or promise from the other party.

Common law rules on contract modifications require some new consideration in order to modify an existing contract. In this case, only B added some new consideration (more money) to the written contract, A didn't add anything new.

3 0

4 years ago

On January 2, 2016, Alpha Company purchased a patent for $38,500 plus $2,000 in legal fees. On that date, the patent had a remai

Fittoniya [83]

Answer:

General Journal entry:

Account Debit Credit

Amortization expense $6,750

Accumulated Amortization $6,750

(patent)

Explanation:

Given Data:

Price of patent=$38,500

Legal fees=$2,000

legal Life=13 years

useful life=6 years

Required:

Journal Entry

Solution:

Amortization:

For intangible assets, amortization is the decrease in book value over the period of time. However intangible assets have no physical appearance and they do not face any damage like fixed assets but with the passage of time their value decrease.

Calculating amortization expense for one year:

Amortization expense= $\frac{Purchase\ Price+Legal\ Fees}{Useful\ Life}$

$Amortization\ expense=\frac{\$38,500+\$2000}{6}\\ Amortization\ expense=\$6,750$

General Journal entry:

Account Debit Credit

Amortization expense $6,750

Accumulated Amortization $6,750

(patent)

7 0

3 years ago

Which statement would be MOST important to include in a summary of the section "Karl Marx"? Marx theorized that capitalists woul

TEA [102]

The most important claim about Karl Marx would be the theorizing that capitalists would try to get more work from people for less pay.

He was a German philosopher who developed the foundations of communism, a system that criticized capitalism and its doctrines. His most prominent theories are about the transition to communism, the class struggle, the Marxist theory of ideology and surplus value.

Therefore, the correct option for the question refers to surplus value, which was defined for Karl Marx as the difference between the value of the work produced by employees and their salary paid. For him, the surplus value is the work produced and not paid, being a condition of exploration of the capitalist system.

Find out more about Karl Marx here:

brainly.com/question/1092276

#SPJ1

5 0

1 year ago