Answer:
True
Explanation:
Strategic planning process is what help identify the objectives of a business and then develop plan to achieving those objectives. It gives direction to management decision while addressing business challenges.
The aim of strategic planning process is to prevent a company from carrying out task without directions because when those controlling business or its owners do not have clear vision, wrong decision may be made hence create problems for the employee regarding their stand in the company.
Strategic planning process includes identifying strategic position, gather information, conduct SWOT analysis, create a strategic plan, execute the strategic plan etc.
Answer:
Purchase decision process
Explanation:
A purchase decision process is defined as the thought process that goes into buying a certain product. This thought process include the buyer identifying a need, creating options, seeing different brands and then finally buying the product.
Purchase decision could be either minor or major. Purchasing things like tea, toothpaste, etc require minor decision processes while buying a house or piece of land involves major decision processes.
As in the question, Becky now has to under purchase decision process as to buying soccer cleats for her daughter. This decision will involve buying a brand that won't shrink as a result of weather changes or wear out easily, etc
I hope this helps.
Answer:
D. $156,000
Explanation:
Cost = $400,000
Residual value = $10,000
Useful life = 5 years
Now,
Annual straight line depreciation =
Annual straight line depreciation =
Annual straight line depreciation =
Annual straight line depreciation = $78,000
Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.
Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.
The correct answer would be option A, Change Agent.
After making the change in design, the pumps became lightweight and were better able to meet customers' requirements. As the Change Agent, Martin identified an opportunity, saw the project from its conception to the development of a light model pump.
Explanation:
A person who brings about change in the organization, or who influences or forces to make a change in the product or organization like organizational effectiveness, improvement or development, then this person is called as a Change Agent.
A Change agent is a person who can be from within the organization or can be from outside of the organization.
So Martin, who is an employee of the firm, and trying to sell the firm's product to the customers, identified an opportunity and told the firm to change the model of pump to get more sales. So he acted as a change agent in this example.
Learn more about Change Agent at:
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Answer:
Here the correct answer is A) Sustainable marketing concept.
Explanation:
Sustainable marketing concept is a new marketing concept ( which can be defined as a philosophy where producers should find out and understand what is consumers needs and wants and then make decision regarding goods or services to be produced ), which has became a game changer in today's society, where companies and producers have started to realize that they need to meet the needs and wants of future generation , but without messing up the future.
McDonald's have also adopted a similar strategy where they're understanding the demands of new generation and that's why they have added new healthy food options in their menu, they're trying to adopt to the changes in the society.