Answer:
Bill is probably a(n)
SBU manager.
Explanation:
Bill Wessels, as a strategic business unit (SBU) manager, is responsible for strategic planning, profitability, and performance of his business unit. The SBU is a separate identifiable business unit in an entity with other SBUs. It has a manager, who is largely autonomous in pursuing the business mission of the unit. It manages and accounts for its resource utilization separately from other units. Its performance is evaulated based on set criteria.
Establishing the promotional mix that's right for your company involves seven steps:
Determine Your Target Market. ...
Determine Your Objectives. ...
Design Your Message. ...
Select Your Promotional Channels. ...
Determine Your Budget. ...
Determine Your Promotional Mix. ...
Measure the Results of the implemented program and Adjust as needed.
Answer:
<u>geographic </u>departmentalization.
Explanation:
It is correct to say that multinational corporations tend to use geographic departmentalization due to the large differences between different regions.
The geographic departmentalization corresponds to a strategy where a company uses a form of structure oriented to a region, that is, it allows the operationalization to be more effective in a region that has greater demand or needs a physical office to better and faster service its customers.
Answer:
core competency
Explanation:
Core competency -
It refers to as the characteristics of the business or company in order to stand out from rest in the competitive market , is referred to as the core competency .
It consists of innovative skills , resources , technology , manpower , which makes a particular company far more better than rest of the companies .
Hence , from the given scenario of the question ,
The correct answer is core competency .
Answer:
B. accounting profit = economic profit + implicit costs
Explanation:
Implicit cost are the cost that already incurred but is not necessary to report such as opportunity cost. Whereas explicit cost are those expenses which involve the financial transaction and it is being paid.
Accounting profit is calculated by deducting the explicit cost from the revenue as follow.
* Accounting Profit = Revenue - Explicit cost
Economic profit is calculated by deducting both explicit and implicit costs from revenue.
Economic Profit = Revenue - Explicit costs - Implicit cost
So, using Accounting profit formula we conclude that
Economic Profit = (Revenue - Explicit costs) - Implicit cost
Economic Profit = *Accounting profit - Implicit costs
Accounting Profit = Economic profit + implicit cost
