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kotykmax [81]
3 years ago
5

Identify and explain the three basic steps strategy formulation

Business
1 answer:
inn [45]3 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

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What type of companies engage in marketing?
Wewaii [24]

Answer:

American Heart Association (AHA), Walmart, Procter & Gamble.

Explanation:

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3 years ago
The Bureau of Economic Analysis reported that, in real terms, overall consumer spending increased by $35.4 billion during Octobe
nikdorinn [45]

Answer:

A.$73.75 billions

B. $50 billion

C. 0.18%

Explanation:

a. The real GDP change in response by

(1/(1 −MPC) ×$35.4 billion = (1/(1 −0.52) ×$35.4 billion =$73.75 billion.

b. If in addition to the consumer spending change in part a, unplanned inventory invest-ment decreases by $50 billion, the resulting change in real GDP is

$73.75 billion - $50 billion = $23.75 billion.

c.The percent increase in GDP is

($23.75 billion/$13,139.5 billion) ×100

=0.18%

5 0
3 years ago
Read 2 more answers
Signature Appliance Group decided to remove the grill unit from the ovens it sells in South America after customers complained t
kifflom [539]

Answer:

Signature Appliance Group

The environmental force that caused the company to change its product features is:

the Social and Cultural Environment.

Explanation:

The Social and Cultural Environment refers to the changing needs of customers in South America as a result of the values, attitudes, and preferred styles of consumers. These are always in a state of flux every year.  Since customers preferred to grill outside rather than inside their kitchens, adding the grill unit in the ovens that the company sells in South America will not enable customers to choose its ovens over competitors'.  To respond to the stated needs of its customers, the grill must be removed, thereby reducing the cost of the ovens.

4 0
2 years ago
Finn is interested in taking over a small business, but he wants to pay a fair price for it, so he consults their income stateme
Diano4ka-milaya [45]

Answer:

d. Calculate total revenue minus total expenses

Explanation:

Profit is Calculated as Total revenue minus Total expenses. Therefore, consider all Incomes generated by the Business whether Primary or Secondary. Also consider all Expenses incurred by the business including Non - Operating expenses.

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2 years ago
The dimensions used in the general electric model are analogous to elements used in a. the bcg matrix. b. swot analysis. c. anso
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The scale used in the trendy electric-powered version is analogous to elements used in a SWOT analysis.

An Element is a substance that can't be damaged down into simpler additives by way of any non-nuclear chemical response. A detail is uniquely determined with the aid of the range of protons inside the nuclei of its atoms.

Elements are components, constituents, and aspects. at the same time as these kinds of words imply "one of the elements of a compound or complicated whole," detail applies to any such element and frequently connotes irreducible simplicity. the primary elements of geometry.

Carbon, oxygen, hydrogen, gold, silver, and iron are examples of Elements. every detail includes simply one atom form. Examples consist of einsteinium (named for Albert Einstein), californium (named for California), helium (named for the solar god Helios), and calcium (named for the mineral calyx). factors are named via their legitimate discoverer. so as for an element to get a call, its discovery must be proven.

Learn more about Elements here:

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