Strategic leaders use internal and external analyses in tandem to create a customized fit between a company's internal resources and external environment.
<h3>Who are
Strategic leaders?</h3>
The center of attention for organizational learning is on strategic leaders. They encourage an environment of inquiry and look for lessons in both successful and bad results.
Organizational structure, resource allocation, and strategic vision are all functions of strategic leaders. Strategic leaders deal with extremely complex challenges in an uncertain environment while also being influenced by external events and organizations.
Process simplification, increased strategic productivity, and innovation are all benefits of strategic leadership. Employees may be independent, productive, and push for new ideas under this leadership. Programs for incentives and rewards are essential for strategic leaders. They support staff members in achieving their strategic objectives.
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Answer:
(a) $170,000
(b) $80,000
Explanation:
(a) The amount and character of Luke's recognized gain or loss on the building:
= (Fair market value - cost to built) + Depreciation expense
= ($325,000 - $200,000) + $45,000
= $170,000
(b) The amount and character of Luke's recognized gain or loss on Land:
= (Fair market value - Purchasing cost
= (210,000 - 130,000)
= $80,000
A fixed expense is one for which the amount is <u>same</u>, and it should be considered <u>planning </u> other expenses.
A variable expense is one for which the amount is <u>changing</u> and it should be considered <u>saving </u> fixed expenses.
Discretionary spending is the most <u>irregular</u> budget item and the easiest to change.
Explanation:
Fixed expense - Amount is fixed
Variable expense - Amount is changing as per needs
Discretionary expense - Non-essential budget amount as per wants
Budget - A plan to save and spend expenses or cash-flow and managing them by writing them down regularly
Had to look for the options and here is my answer:
The skill level that deals with an ability to do a certain task efficiently and effectively is what we call CONCEPTS AND UNDERSTANDING. When we say the task is done effectively, this means that the goal is met; and efficiently, if the goal has provided the best quality.