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satela [25.4K]
3 years ago
7

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its r

esources to pursue this strategy. In order to determine the direction of the organization, it is necessary to understand its current position and the possible avenues through which it can pursue a particular course of action. What is strategic planning and why is it an important tool in the X industry
Business
1 answer:
kkurt [141]3 years ago
7 0

Explanation:

Strategic planning is the long-term actions that a company will implement in its organizational processes to achieve its objectives and goals. Through strategic planning, a company creates an identity, a culture that assists in the company's internal and external positioning, in addition to managing the resources, the decision-making process and the timing of the actions necessary to remain profitable and competitive in the market.

In any organization, regardless of sector or size, strategic planning will assist in efficiency and effectiveness in the use of physical, financial, human, marketing and administrative resources.

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A liaison role exists when: _________
exis [7]

Answer:

Option b seems to be the correct approach.

Explanation:

  • Liaison seems to be collaboration as well as the communication of knowledge among various organizations as well as between multiple portions of the institution.
  • Communication among groups of the military services or indeed any entity shall be established in needed to guarantee coordinated action, partnership, respectively.

Some other options aren't relevant to the current situation in question. So choice b was its right one

8 0
3 years ago
Sobota Corporation has provided the following partial listing of costs incurred during August: Marketing salaries $ 51,600 Prope
horrorfan [7]

Answer:

Product costs= $259,700

Explanation:

Giving the following information:

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<u>The product costs are all expenses directly involved in the production. It generally involves the prime costs (direct material and direct labor).</u>

<u />

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Product costs= $259,700

7 0
3 years ago
What will maximize the amount of interest you earn ?
Solnce55 [7]
Alright bud so basically what maximizes the amount of interest you can make would be a high interest rate along with a long period of time
3 0
3 years ago
Reliance Corporation sold 4,500 units of its product at a price of $20 per unit. Total variable cost per unit is $11.00, consist
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Answer:

$40,500

Explanation:

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