The strategic management process involves the establishment of a company's the mission and vision, its grand strategy and the formulation of its strategic plans and control.
- A company that gradually phases out product lines or liquidates its inventory is pursuing a defensive strategy.
- A defensive strategy is also called retrenchment strategy. its is a strategy that involves reducing in the organization's efforts.
- Example: It reduces costs when a company tightens expenses such as It can sell off (liquidate) assets—land, buildings, inventories, and the like.
Defensive strategy helps organizations to gradually reduce cost and phase out product lines or services. .
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Answer:
$106,500
Explanation:
The computation of the total stockholder equity is shown below:
Total assets = Total liabilities + stockholder equity
where,
Total assets = Current assets + fixed assets
= $741,000 + $592,000
= $1,333,000
And, the total liabilities is
= Current liabilities + long term debt
= $533,500 + $693,000
= $1,226,500
So, the total stockholder equity is
= $1,333,000 - $1,226,500
= $106,500
Answer:
Option B (bail-out) is the correct approach.
Explanation:
- For something like a variable annuity, a clause states that even though the investment on either the annuity happens to fall underneath a specified amount, the insured person will make additional withdrawal effects through loss.
- It eliminates the owner from those in the contract unless the transactions do not exceed a sum negotiated upon.
Some other available choices do not apply to the types of situations in question. So that the argument presented above should be appropriate.
A.
It is the most important on here
