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ozzi
3 years ago
9

Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. S

he is also defining the organization's activities for the next five years. In this scenario, Kia is most likely contributing to developing the company's _____. a. single-use plan b. tactical plan c. strategic plan d. ad hoc plan
Business
1 answer:
lana66690 [7]3 years ago
3 0

Answer:

C. Strategic plan

Explanation:

Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.

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What is the value to a start up business of using primary marketing research
KengaRu [80]

Answer:

By conducting primary research using unbiased panellists, entrepreneurs can gain the latest information about the consumer's wants and needs, allowing them to adapt their product or service accordingly and gain a competitive advantage.

Explanation:

7 0
2 years ago
Good X and Good Y are related goods. When the price of Good X rises by 20 percent, the quantity demanded for Good Y falls by 40
ch4aika [34]

Answer:

-2

Explanation:

Good X and Y are related goods

When the price of Good X rises by 20 percent the quantity for Good Y falls by 40 percent

Therefore the cross price elasticity can be calculated as follows

= -40/20

= -2

Hence the cross price elasticity is -2

4 0
3 years ago
Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 bil
KiRa [710]

Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 billion USD to acquire Coca-Cola Enterprises, its largest bottling partner, it reversed course in 2015 and sold off all its bottling operations. This is an example of a <u>failed diversification effort</u>.

<u>Explanation</u>:

Diversification efforts are taken by the organizations to achieve desired outcomes but sometimes they fail in it. The following are the reason for failure of diversification effort:

- failing to integrate acquisitions

- unable to understand how the acquired organization’s assets would fit with their own lines of business

- paying high premium for the target's common stock

- not acting in best interest of shareholders

The diversification strategy is adopted by many organizations to develop its business. In the above scenario, Coca-Cola Enterprises adopted diversification effort but failed in it.

8 0
3 years ago
( b ) explain five circumstances under which a high population growth may be desirable ​
statuscvo [17]

Answer:

There is a need to increase the demand in market for both goods and services.

There is a need to attract foreign investors

As societies modernize, mortality rates fall while birth rates remain high leading to high population growth rates.

Higher population growth may be beneficial in high-income countries where there is currently a tendency for population growth rates to decline

Development in agriculture, better techniques to grow more and better quality food.  Food available at all the times due to better storage conditions. So people do not die of starvation when food is not available.

Explanation:

7 0
2 years ago
What is the best strategy to avoid paying interest on your credit cards?
lord [1]

c pay the miminum balance each month

8 0
3 years ago
Read 2 more answers
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