1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kotykmax [81]
2 years ago
5

Identify and explain the three basic steps strategy formulation

Business
1 answer:
inn [45]2 years ago
7 0

The first three steps in the strategic management process are part of the strategy formulation phase. These include analysis, strategy formulation, and goal setting. The final two steps in strategic management constitute implementation.

I hope this helps it’s all I know

You might be interested in
A _____ plan relies on a predetermined formula to distribute a share of the company's profits to eligible employees.
Naya [18.7K]
Profit sharing plan relies on a predetermined formula to distribute a share of the company's profits to eligible employees.
4 0
3 years ago
Which type of fiscal policy takes longer to affect the economy: demand-side or supply-side?
11Alexandr11 [23.1K]

Answer:

A.) supply-side

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.

This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.

Hence, a supply-side fiscal policy is typically designed to create an outward shift in the production possibilities curve (PPC) and shift the aggregate supply (AS) curve to the left.

Generally, a supply-side fiscal policy takes a longer period of time to affect the economy of a country.

5 0
2 years ago
Exercise 11-1 Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provi
vaieri [72.5K]

Answer:

1. Margin = 0.32 or 32%

2. Turnover = $19,000,000  or Operating Asset Turnover = 0.52 or 52%

3. Return on Investment = 0.17 or 17%

Explanation:

Firstly, list out the parameters we were given:

Sales = $19,000,000, Net Operating Income = $6,100,000,

Average Operating Assets = $36,500,000

1. Operating Margin = Net Operating Income / Sales

Operating Margin = 6,100,000 ÷ 19,000,000 = 0.32

Operating Margin = <u>0.32</u> (to 2 decimal places)

Operating Margin = <u>32%</u>

<u />

2. Turnover refers to sales or revenue made during a particular period. In which case turnover is <u>$19,000,000</u>

However, if the turnover referred to is the Operating Asset Turnover, that is calculated below:

Operating Asset Turnover = Sales / Average Operating Assets

Operating Asset Turnover = 19,000,000 ÷ 36,500,000

Operating Asset Turnover = <u>0.52</u> (to 2 decimal places)

Operating Asset Turnover = <u>52%</u>

<u />

3. Return on Investment (ROI) = Net Operating Income / Average Operating Assets

Return on Investment (ROI) = 6,100,000 ÷ 36,500,000

Return on Investment (ROI) = <u>0.17</u> (to 2 decimal places)

Return on Investment (ROI) = <u>17%</u>

8 0
3 years ago
Which type of promotion do many people consider more credible because it is less biased
tekilochka [14]

Publicity is more credible because it is less biased :)

4 0
3 years ago
Read 2 more answers
Which of the following is a major difference between a budget constraint and production possibilities frontier?
horrorfan [7]

Answer:

c

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPF is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.  

So, the PPF exhibits diminishing return. The slope of the PPF is different at different points. this makes the PPF a curve

the budget constraint is a straight line that shows the various combinations of goods a consumer can consume given her income. the budget constraint is a straight line because the slope is constant at each point on the curve

Also, the slope of the budget constraint is the relative prices of the two goods

8 0
3 years ago
Other questions:
  • Wildhorse Beverage Company reported the following items in the most recent year. Net income $43,400 Dividends paid 5,210 Increas
    13·1 answer
  • The manager of a gas station has observed that the times required by drivers to fill thier car's tank and pay are quite variable
    14·2 answers
  • Scenario 1: Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned
    10·1 answer
  • A service auditor's report on a service center should include a(n) :A. Detailed description of the service center's internal con
    5·1 answer
  • What can be used to customize how the data is tracked in the Conversions<br> column
    5·1 answer
  • om may 1st the bank account show a credit balance of $1000. om mayn5th a deposit of $400 is made and on May 10ty a cheque is pai
    10·1 answer
  • Lauren could tell something was not right. She has always thought that sales representatives were always pleasant to the custome
    10·1 answer
  • Donovan Company incurred the following costs while producing 500 units: Direct Materials, $10 per unit; Direct Labor, $25 per un
    9·1 answer
  • Tony, the human resources manager for TopShelf Beverages, is confidentially working with line managers to lay off a significant
    9·1 answer
  • Select the correct answer. a computer store decides to increase the prices of all the items it sells by 15%. the store manager u
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!