Organizational policies originate with top level of management and are disseminated to lower levels for implementation.
Top level of management consists of an organization’s board of directors and the chief executive or the managing director of the company.
It is the ultimate source of power and authority because it oversees the goals or policies, and procedures of a company. Main priority of the top level management is on the strategic planning and execution of the overall business success.
The roles and responsibilities of the top level of management can be summarized as given below:
To lay down the objectives and the broad policies of the business enterprise.
To issue necessary instructions for the preparation of department-specific budgets, as well as schedules or procedures, etc.
To preparing strategic plans and policies for the organization.
To establish controls of all organizational departments.
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The outcome that is expected is that the students would purchase more than 750 cups per day. This is a good selling strategy because it raises the belief that they are buying more and it is cheaper. The result is that the business will have better outcomes and the incomes will increase. Not to mention that the clients will prefer same quality of cofee for a "cheaper" price.
Reactive is not a type of creativity in the context of types of creativity.
The phenomenon when something is seemed valuable and new is formed, it is creativity. It can be either a physical object or intangible.
Creativity can be based on either cognition and emotion, and it can also be deliberate or spontaneous.
Answer:
"a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates."
Answer:
2.45
Explanation:
Given that,
Stockholders equity book value = $750,500
Earnings per share = $3.00
Price-earnings ratio = 12.25
Common stock outstanding = 50,000 shares
Market price per share:
= Earnings per share × Price-earnings ratio
= $3.00 × 12.25
= $36.75
Equity book value per share:
= Stockholders equity ÷ Common stock outstanding
= $750,500 ÷ 50,000
= $15.01
Price-book ratio:
= Market price per share ÷ Equity book value per share
= $36.75 ÷ $15.01
= 2.45