Explanation:
It is necessary for companies to develop a strategic business plan, which contains the action plans necessary for an organization to achieve its objectives and goals.
The organization's strategic planning will comprise long-term objectives, including the company's guidelines, its mission, vision and values, the analysis of internal and external environments, and action plans, which will help the company to be well positioned, profitable and competitive in the market.
Answer: a strategic channel alliance
Explanation: In simple words, strategic alliance refers to a business arrangement in which two organisations combine their resources for their mutual benefits.
Under such an arrangement two organisation agrees to combine their activities and efforts for a particular objective but still remain independent as two separate entities.
Such alliances are generally evident in situation where companies wants to exploit foreign markets. Hence from the above we can conclude that the arrangement between general mills and nestle is a strategic alliance.
Answer:
$32.72
Explanation:
In this question, we are asked to calculate the price an investor would be expected to pay per share in the next five years.
We proceed as follows to calculate this.
Dividend = $0.70
Share price = $18.90
Hence = Dividend / Share price
= 0.70 / 18.90
= 0.037037
Cost of Equity = 7.9%
Expected growth = 0.037037 + 0.079
= 0.116037
Add one to it = 1 + 0.116037
= 1.116037
Share price after 5 year = $18.90 * (1.116037)^5 = $32.7231
