Organizational policies originate with top level of management and are disseminated to lower levels for implementation.
Top level of management consists of an organization’s board of directors and the chief executive or the managing director of the company.
It is the ultimate source of power and authority because it oversees the goals or policies, and procedures of a company. Main priority of the top level management is on the strategic planning and execution of the overall business success.
The roles and responsibilities of the top level of management can be summarized as given below:
To lay down the objectives and the broad policies of the business enterprise.
To issue necessary instructions for the preparation of department-specific budgets, as well as schedules or procedures, etc.
To preparing strategic plans and policies for the organization.
To establish controls of all organizational departments.
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She could reduce the number of hours she works, she could increase her level of absteneeism, and she can ask for a raise, she could reduce the number of hours she works and could ask for a raise.
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Answer:
Answer B
Explanation:
Plaintiff attorney is the last resource for the damaged or injured party, that he/she can turn to. They usually represent those who suffered as a result of someone else's negligence and in the process cover all the costs and expenses of the trial. They cover all the financial costs in exchange of portion of Final verdict or settlement.
Answer:
Annual deposit = $326,265.88
Explanation:
<em>The amount to be set aside annually to accumulate $2.5 million in 7 years time ca n be worked out using the future value of an ordinary annuity formula.</em>
The formula is given as follows:
FV = A×( (1+r)^n - 1)/r).
A= FV/ ((1+r)^n - 1)/r
FV - Future value
A- annual deposit
n- number of years
r- rate of return
FV - $2.5 million
A- ?
n- 7
A=2,500,000 ÷ (1.03^7 - 1)/0.03 = 326,265.88
Annual deposit = $326,265.88
Answer:
Product
Explanation:
The marketing mix can be defined as a strategy developed by <em>Kotler</em>, which defines 4 essential pillars for a marketing strategy to be carried out effectively and generate positive results for a company, are the so-called 4 P's of marketing, which are: Product , place, price and promotion.
The product is what the company will offer in the market to bring you financial returns, and it must exist fulfilling a series of essential requirements for it to be successful and accepted by consumers, for this the company must carry out a series of researches that will help to shape the product according to the needs and preferences of the potential audience, and then develop a strategy that is successful and makes the product well accepted and creates value for the consumer.