Management's plan for making money in a particular line of business and the revenue-cost-profit economics of the company's strategy is Strategic Management.
Strategic Management is the most widely recognized approach to spreading out goals, frameworks, and focuses to make an association or affiliation more serious. Consistently, the fundamental organization looks at effectively passing staff and resources on to achieve these targets.
In business, it is critical because it allows an association to look at districts for useful improvement. Generally speaking, they can understand either a consistent connection, which recognizes likely risks and opens entryways, or simply notice essential standards.
An association could choose to follow either a prescriptive or elucidating method for managing the executives. Under a prescriptive model, frameworks are delineated for development and execution. On the other hand, an elucidating model portrays how an association can cultivate these frameworks.
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Answer:
Before-tax income $ 11,252,000
Less: Deduction for state income tax(529000+451000) $ 980,000
Taxable Income $ 10,272,500
Tax rate 21%
Federal income tax $ 2,157,225.00
Mesa’s combined tax rate
= ([$980,000 state tax + $2,157,225 federal tax] ÷ $11252000) 27.88%
Explanation:
Eddie's company is using a forced ranking performance review system.
<h3>
What is forced ranking?</h3>
- Forced ranking, the contentious practice of grading employees against one another rather than against performance criteria, is all the rage in corporate America.
- Employees are evaluated from best to worst depending on their performance in a system known as forced ranking.
- This system can be used to find top talent, assist managers in identifying individuals who require growth, and give a framework for granting incentives and promotions.
- This not only makes staff feel unmotivated and disengaged, but also fosters unneeded internal competition, which can be harmful to synergy, creativity, and innovation and divert attention away from marketplace fulfillment.
Therefore, Eddie's company is using a forced ranking performance review system.
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The correct question is given below:
Eddie was surprised to learn that not everyone would receive a bonus this year. Instead, management planned to rank all of the employees in Eddie's division and award bonuses only to the top 20 percent in terms of sales. Eddie's company is using a(n) ______ performance review system.
E-commerce offers entrepreneurs an opportunity to <u>utilize the</u><u> interactive </u><u>nature of the</u><u> Internet</u><u> to help their businesses grow.</u>
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<h3><u>What Exactly Is Electronic Business (E-Business)?</u></h3>
Ecommerce is the name given to companies and individuals who conduct business online. E-commerce can operate in a range of market sectors and be performed on computers, tablets, cellphones, and other smart devices. Nearly any product or service imaginable is now available through e-commerce transactions, including books, music, airline tickets, and financial services like stock trading and online banking. It is considered a very disruptive technology result.
<u>What are the advantages and disadvantages of doing business online?</u>
The benefits of e-commerce for customers include:
- Convenience
- Increased selection
- Perhaps lower startup costs
- International sales
- Easier to target customers again.
But e-commerce websites also have some disadvantages. The negatives include:
- Limited client service
- Lack of immediate gratification
- Unable to touch products
- Reliance on technology
- Greater competition.
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Open-ended credit is credit that can be used repeatedly.
Example: A credit card
Close-ended credit is credit that has to be paid in full by a certain date
Example: A house loan (mortgage)
