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Sati [7]
3 years ago
12

Strategic controls are largely subjective criteria intended to verify that the firm is using appropriate strategies for the cond

itions in the external environment and the company's competitive advantages.
A. True
B. False
Business
1 answer:
ValentinkaMS [17]3 years ago
6 0

Answer:

A. True

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

Basically, strategic controls are subjective criteria that are developed by a business firm so as to verify and ensure that the business firm has implemented the appropriate strategies for the conditions in the external environment and the competitive advantages of the business firm.

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My Work Ramon works for a large company that is considering starting a new business unit to sell personalized coffee mugs. He ha
aleksandrvk [35]

Defining the new company's industry and strategic group

Explanation:

Benefits of Strategic Group Analysis:

  • Identify direct competitors and the basis of competition.
  • Movement of other organizations from one strategic group to another
  • Identify opportunities
  • Identify problems
8 0
3 years ago
Choose the action that is supported by egoism, but might seem unethical. a.) Using skills you learned from your former job to ge
astraxan [27]

The action which is supported by egoism, but might seem unethical from the list of available choices is:

  • b.) Hiring a company to clean your neighbor's lot without their permission so your property value will increase

Egoism has to do with the specific self interest which a person has on himself and does things which serves his benefit.

Ethics on the other hand is doing the right thing, at the right time, in the right circumstance.

With this in mind, the action which is supported by egoism but MIGHT SEEM unethical is hiring a company to clean your neighbor's lot<em> </em><em>without their permission</em> so your property value will increase

Therefore, the correct answer is option B

Read more about ethics here:

brainly.com/question/13383200

8 0
2 years ago
George Clausen (age 48) is employed by Kline Company and is paid a salary of $42,640. He has just decided to join the company’s
Slav-nsk [51]

Answer: a) Maximum contribution - $11,500

b). The contribution by the $1,279.20

C). Take home pay with the retirement contribution deduction = $487.26

d). Take home pay without the retirement contribution deduction = $675.41

Explanation: George being a contributor to the retirement savings account is entitled to some allowances.

The maximum contribution he can make is $11,500 while the complany contributes 3% of his salary. That is 3% × $42,640 = $1,279.20

Having a weekly pay of $820 ($42,640/52 weeks) and being married his take home will be; Weekly Retirement contribution ($11,500 ÷ 52 weeks) = (221.15)

FIT ($820.00 – $221.15 = $598.85 taxable) (30.00)

State income tax ($820.00 × 0.023) =$18.86

Therefore take home =$ 487.26 *Married, 2 allowances.

Finally, George’s take-home pay without the retirement contribution deducted:

Weekly pay =$820.00

FICA—OASDI =($50.84)

FICA—HI = (11.89)

FIT (on $820.00) =(63.00)

State income tax ($820.00 × 0.023) = (18.86)

Therefore, Take-home pay =$675.41

3 0
3 years ago
_____ is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial,
jekas [21]

Key account management is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial, long-term relationships.

  • Getting a prospect's commitment to buy during the closing stage of the selling process.
  • Because the salesperson must ascertain when the prospect is prepared to buy, this stage is both the most crucial and the most challenging.
  • accurate, complete, and step-by-step information is provided.
  • Setting goals, structuring the sales force, hiring, choosing, training, and rewarding salespeople, as well as assessing each salesperson's performance, are all duties involved in managing personal selling.

<h3>What is team selling approach?</h3>
  • Account-based selling frequently employs the sales technique of team selling to increase transaction closing rates.
  • Team selling, in its simplest form, is a collaborative sales method where two or more team members work together to earn business rather than working those accounts alone.

Learn more about team selling approach brainly.com/question/23772356

#SPJ4

3 0
2 years ago
Hope you have good day
Alina [70]

Answer:

Hope you have a good day also!!!

Explanation:

5 0
2 years ago
Read 2 more answers
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