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romanna [79]
2 years ago
10

If a strategic plan is failing to meet its objectives, but the company's execution is deemed sufficient, management should first

Multiple choice question. reconsider the assumptions that were used to formulate the strategic plan. pressure employees to improve their implementation efforts. start from stage one of the strategy process. set less ambitious objectives.
Business
1 answer:
Shkiper50 [21]2 years ago
7 0

Answer:

The answer is "reconsider the assumptions that were used to formulate the strategic plan".

Explanation:

This strategic plan is a document used to improve objectives to achieve these objectives and all other essential aspects generated during the planning process to the company. That's why Whether the business strategy fails to meet its goals, but the performance of the business is judged enough, management must first s right the premises used in construct the comprehensive strategy.

You might be interested in
Measuring business activities and reporting those measurements to external parties is the function of ______ accounting.
Andru [333]

Answer:

Financial

Explanation:

Basically, there are two forms of accounting for measuring business activities namely; Financial accounting and Management accounting.

Financial accounting involves the measurement of the business activities over a period using a defined framework or standard such as US GAAP, IFRS, etc. This is usually presented in a form of statements called the financial statements and is used by internal and external stakeholders such as Government, creditors, shareholders etc.

Management account is usually prepared for management purposes and measures the company's actual activities against the budget or plan.

The right answer is financial accounting.

3 0
3 years ago
Gipple Corporation makes a product that uses a material with the quantity standard of 7.3 grams per unit of output and the price
noname [10]

Answer:

C) $300 U

Explanation:

Gipple Corporation

Material Quantity Variance = (Actual Quantity Used * Standard Unit Cost )-

( Standard Quantity Used * Standard Unit Cost )

Material Quantity Variance =(AQ* SP) -(SQ*SP)

Material Quantity Variance = (24,870* 6)- ( 7.3* 3400 *6)

Material Quantity Variance = (24,870* 6)- (24,820* 6)

Material Quantity Variance = 149220 - 148920

Material Quantity Variance = $300 Unfavorable

As actual quantity is greater than standard quantity it is unfavorable.

4 0
3 years ago
The records of Pippins, Inc., included the following information: Net sales $ 1,000,000 Gross margin 475,000 Interest expense 50
Lelu [443]

Answer:

Times interest earned (TIE) = 7.4 times

Explanation:

The times interest earned (TIE) ratio is a measure used to analyze the company's ability to meet its debt obligations on the basis of its current income level. The TIE ratio is calculated as follows,

Times Interest Earned (TIE)  =  EBIT / Total Interest expense

Where,

  • EBIT is the earnings of the company before interest and tax

To calculate TIE, we first need to determine the EBIT. EBIT can be calculated by backward working. Thus, EBIT is:

EBIT = Net income + tax + interest expense

EBIT = 240000 + 80000 + 50000

EBIT = $370000

Times interest earned (TIE) = 370000 / 50000

Times interest earned (TIE) = 7.4 times

6 0
3 years ago
Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2012. On that date, Paar's equipment (10-year life) has a boo
RoseWind [281]

Answer:

B)  574,000

Explanation:

Equipment book of Paar value on december 31/14 of $294,000.-  

Add Kimmels equipment book value on december 31/14 of $190,00

Add original acquisition-date allocation to Kimmel´s equipment of ($400,000 - $272,000) = $128,000

Less Amortization of alloction ($128,000 / 10 years for 3 years) = (38,400)

Eqcuals consolidated equipment of $574,000

8 0
3 years ago
EA14.
cricket20 [7]

Answer:

$1.86; $3.5

Explanation:

Total cost incurred:

= Cost received from departments + Addition of cost within its departments

= $10,000 + $27,200

= $37,200

Unit cost for materials:

= Total cost incurred ÷ equivalent units

= $37,200 ÷ 20,000

= $1.86

Total cost incurred:

= Cost received from departments + Addition of cost within its departments

= $10,000 + $53,000

= $63,000

Unit cost for Conversion:

= Total cost incurred ÷ equivalent units

= $63,000 ÷ 18,000

= $3.5

3 0
3 years ago
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