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
Vikki [24]
3 years ago
8

Use your understanding of the strategic management process to complete the sentences below.

Business
1 answer:
pantera1 [17]3 years ago
4 0

A firm’s <u>Strategy</u> is the plan of action that describes resource allocation and activities for dealing with the environment, achieving a competitive advantage, and attaining the organization’s goals.

Explanation:

A firm’s <u>Strategy</u> is the plan of action that describes resource allocation and activities for dealing with the environment, achieving a competitive advantage, and attaining the organization’s goals.

By acquiring a technology company that develops smartphone apps, a video-streaming business hopes to achieve <u>Synergy </u>, combining its video rights with mobile technology to increase profits.

<u>Example</u>

Drybar, which started in Brentwood, California, in 2010, is a hair salon catering entirely to people with curly or frizzy hair who want their hair straightened. No cuts, perms, or coloring happen here. The store now has over 40 locations.-<u>Target Customer</u>

<u></u>

Applewood Seed Co. of Colorado has fifty years of experience growing and supplying native wildflowers, grasses, and herbs to seed distributors, landscapers, golf courses, state highway departments, parks departments, government agencies, garden centers, mining companies, hydroseeders, and reclamation companies. Applewood has both an in-depth horticultural knowledge of native plants and the ability to supply in bulk-<u>This statement is an example of exploit core competencies</u>

<u></u>

<u></u>

A meditation instructor partners with a technology developer to market relaxation apps featuring soothing natural sounds and guided meditation exercises. The tech expert writes the code, and the meditation instructor develops the apps’ content.-<u>This is an example of building up the Synergy</u>

<u></u>

<u></u>

You might be interested in
Cleveland Corporation acquired a machine for $42,000 and has recorded depreciation for two years using the straight line method
dsp73

Answer:

The book value of the machine at the end of year 2 is $35,000

Explanation:

Straight line method depreciates the asset on its useful life after deducting salvage value from the cost of the asset.

Depreciation per year = ( Cost of Machine - Residual Value ) / Useful life

Depreciation per year = ( $42,000 - $7,000 ) / 10 years

Depreciation per year = $3,500 per year

Book value of machine at the end of year 2 = $42,000 - ( $3,500 x 2 )

Book value of machine at the end of year 2 = $42,000 - $7,000

Book value of machine at the end of year 2 = $35,000

7 0
3 years ago
Based on your understanding of the relationship between relative inflation rates and exchange rates, identify whether the preced
lys-0071 [83]

Answer:

b.the statement is invalid because the nominal

Explanation:

pa brainliest po

6 0
2 years ago
Two stores sell the same computer for the same original price. store a advertises that the computer is on sale for 25% off the o
jonny [76]
Correct choice would be D. 0.75p=p-180
4 0
3 years ago
Country A is an extremely efficient producer of tin. However, its climate and terrain makes it difficult to produce corn. Accord
Advocard [28]

Answer:

Theory of comparative advantage states that a country has a comparative in a production of certain commodities if the opportunity cost of producing these commodities is lower than the other countries.

Here, it is given that country A is a efficient producer of tin and there are some difficulties in producing corn. So, country A have to concentrate on the production of Tin and purchase the corn from any other efficient producer.

7 0
3 years ago
Delivering health care goods and services requires several inputs, in economic terms. These inputs can be classified as either Q
Elina [12.6K]

Delivering healthcare goods and services requires several inputs in economic terms these inputs can be classified as either <u>labor</u><u> </u>or non-labor.

<h3>What are non-labor inputs?</h3>

Speaking from the perspective of the factors of production, on one hand, non-labor inputs refers to such inputs as:

  • Energy
  • Land
  • Capital
  • Information etc.

The amount of labor input is calculated as either the number of employees or the number of hours they put in during a specific time period, such a year.

The majority of nations gather information on the number of employees and are able to compute labor productivity as output per employee.

Learn more about labor inputs:
brainly.com/question/15737488
#SPJ1

6 0
2 years ago
Other questions:
  • The three commonly used terms to describe levels of service are self-service, limited-service, and full-service.
    9·1 answer
  • A beekeeper lives adjacent to an apple orchard. The orchard owner benefits from the bees because each hive pollinates about one
    13·1 answer
  • Mary transferred a life estate in her home to John based on the life of Ned Green. Mary's interest in the property is known as a
    11·1 answer
  • During the first year of operations, Forrest Company paid $30,000 for direct materials and $50,000 in wages for production worke
    10·1 answer
  • Jensen Automotive produces alternators for American-made cars. They generally use a static budget with the following costs based
    8·1 answer
  • Why is this app so good
    9·2 answers
  • The balance sheet for Gelher Company reports the following information on July 1, 2022. GELHER COMPANY Balance Sheet (partial) L
    9·1 answer
  • Consider the following situations for Shocker
    15·1 answer
  • A company that wants to market winter gear to citizens of Alaska should be aware that there are 24 words used in the state to de
    13·2 answers
  • John Taxpayer had a gross income of $2823,08 and $892.34 in deductions, How
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!