The responsibility for evaluating new technologies, new ideas, and new capabilities and identifying those that are most relevant to the organization is typically assigned to the <u>Chief technology officer (CTO)</u>
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The chief technology officer (CTO) is the highest technical leadership position within a company, leading the technical or engineering department. Create policies and procedures and use technology to improve our external customer-focused products and services.
The Chief Technology Officer (CTO) is the executive responsible for overseeing the entire IT department and integrating business needs and requirements into IT planning and operations. It's important to distinguish their role from that of the Chief Information Officer (CIO). The Chief Information Officer (CIO) role focuses on technology that internally guides an organization through the management of its infrastructure. The Chief Technology Officer has a job description focused on developing technologies for customer sales and the external growth of the company. The CTO and her CIO often combine their technical and engineering knowledge to work together for the benefit of the entire organization.
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I feel stressed reading this question as it has no context but the question is asking for your opinion. there really is no wrong answer
Answer:
strategic management: strategy formulation, strategy implementation, and evaluation and control.
Answer:
purchases = 160000
Explanation:
given data
beginning inventory = $140,000
amount of inventory on hand = $80,000
net sales = $400,000
gross profit rate = 40%
solution
we first Computation of cost of goods sold hat is
Gross profit rate =
× 100
=
= =
= 100 Gross profit = 16000000
so
Gross profit = 160000
and
Cost of goods sold is = sales - gross profit
so
Cost of goods sold = 400000 - 160000
Cost of goods sold = 240000
and
Cost of goods sold = opening inventory + purchases - closing inventory
so put here value
240000 = 140000 + purchases - 60000
so purchases = 160000