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sashaice [31]
3 years ago
10

g The difference between the concept of a company mission statement and the concept of a strategic vision is that a mission stat

ement deals with what to accomplish on behalf of shareholders, while a strategic vision concerns what to accomplish on behalf of customers. a mission statement typically concerns a company's purpose and its present business scope, whereas the principal concern of a strategic vision is a company's aspirations for its future. a mission concerns what to do to achieve short-term objectives, while a strategic vision concerns what to do to achieve long-term performance targets. a mission statement deals with "where we are headed," whereas a strategic vision provides the critical answer to "how will we get there?" a mission statement focuses on the methods needed to make a profit, whereas a strategic vision concerns what business model to employ in striving to make a profit.
Business
1 answer:
coldgirl [10]3 years ago
6 0

Answer:

The correct answer is: a mission statement typically concerns a company's purpose and its present business scope, whereas the principal concern of a strategic vision is a company's aspirations for its future.

Explanation:

A mission statement concerns what a company does. What will you offer to the consumers, what the company is going to dedicate its life to. A vision is a statement about the future. It is the end of the path where the organization os going.

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What is the myth of amoral business?​
chubhunter [2.5K]

Answer:

Concerned only with profit without ethics

Explanation:

People generally do business with ethics and moral values. The myth of immoral business is that people don't mix ethics and business together. They are concerned only with profits and the services and goods they buy or sell are not immoral but amoral. Business people who do not follow ethics are generally complaining about the regulations, they must realize that both are interlinked with each other.

4 0
3 years ago
Listed below are current asset items for Lester Company at December 31, 2019. Finished goods inventory $35,000 Cash 22,000 Prepa
ioda

Answer:

Current Assets :

Work in process inventory          23,000

Raw materials inventory              17,000

Finished goods inventory           35,000

Supplies                                            500

Accounts receivable                     4,000

Prepaid expenses                         2,000

Short-term investments              25,000

Cash                                            22,000

Total                                           128,500

Explanation:

Current Assets are always shows in the order of their liquidity in the Balance Sheet. That is the order in which they are quickly be converted into cash within a period of less than 12 months. Start with the Inventories to cash and cash equivalents as shown above.

7 0
3 years ago
Chess Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 480 units that cost $6
Whitepunk [10]

Answer:

The cost of ending inventory is $24314.

Explanation:

Under the average cost method, the inventory is valued at the average cost of all the inventory that is available from the start of the month and the purchases made.

The average cost of inventory can be calculated by summing up the total cost of beginning inventory and purchases and dividing it by the total number of units available for sale.

Average cost per unit = [ 480*65 + 720*68 + 360*70 ] / [480 + 720 + 360]

Average cost per unit = 67.538 rounded off to $67.54 per unit

The total inventory available for sale = 480+720+360 = 1560 units

The ending inventory in units = 1560 - 1200 = 360 units

The cost of ending inventory = 360 * 67.54 = $24314.4 rounded off to $24314

5 0
4 years ago
Many public utilities burn oil to generate electricity. If the price of oil increases, we expect a shift to the _____ in the ___
crimeas [40]

Answer:

C. left; supply; electricity; higher

6 0
4 years ago
7.You invested in long-term corporate bonds and earned 6.1 percent. During that same time period, large-company stocks returned
Marat540 [252]

Answer: 1.9%

Explanation:

The risk premium is the return that an investment offers over the risk free rate in the market.

The risk free rate is the return on the U.S. Treasury bill in the same period:

Average risk premium = Return on long term corporate bond - Return on U.S. T-bill

= 6.1% - 4.2%

= 1.9%

4 0
3 years ago
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