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2 years ago

In the third step of the strategic management process, managers should:

1 answer:

5 0

In the third step of the strategic management process, managers should: Establish the organization's objectives .

Strategic management process simply means to formulate organization strategic that will enables the organization to achieve their goals and objectives.

When managers formulate a strategy it means that they are establishing and setting the direction for their business as this will help to designate the kinds of activities that will make their plan to become a reality.

When it comes to strategic management process It is important that managers establish objectives they want to achieve when planning to take action that will help implement the plan and vision the organization has for the future.

Inconclusion In the third step of the strategic management process, managers should: Establish the organization's objectives.

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When a business is more successful than its rivals at attracting customers and handling competition, it is said to have a(n) ___

densk [106]

Answer:

d. Marketing

Explanation:

Marketing advantage is the edge a company has at attracting customers by having superior products, lower prices, innovative distribution, and effective promotion.

When businesses improve their marketing process it results in a strong brand, more loyalty, and resultant competitive advantage in the market.

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3 years ago

The cost allocation base ________. A. is a systematic way to link an indirect cost or group of indirect costs to cost objects B

ycow [4]

Answer:

The correct answer is letter "A": is a systematic way to link an indirect cost or group of indirect costs to cost objects.

Explanation:

Cost allocation is the method of assigning costs to cost objects. Cost objects are items or activities that are preferable to have their own costs allocated such as a product or a department within a firm. Cost allocation is a measure of profitability at the moment of evaluating a subsidiary. It is mainly used for financial reporting purposes.

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3 years ago

An employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:

noname [10]

Answer:

Stakeholder

Explanation:

The stakeholders are the people and group that has an interest in the company and it directly gains or suffered from the actions that are taken by the company

It involves various persons like employees, suppliers, investors, customers, government, unions, etc

Here in the given situation, the employee has a claim on the cash flows so this represents the stakeholder

5 0

3 years ago

A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the begin

Anastaziya [24]

Answer:

$2.30

Explanation:

Total shares of common stock = 4,100,000 + 4,300,000 = 8,400,000

Weight of the beginning of the year common stock = 4,100,000 ÷ 8,400,000 = 0.49, or 49%

Weight of the ending of the year common stock = 4,300,000 ÷ 8,400,000 = 0.51, or 51%

Weighted average share outstanding = (4,100,000 × 49%) + (4,300,000 × 51%) = 4,202,000

EPS = Net income ÷ Weighted average share outstanding = $9,660,000 ÷ 4,202,000 = $2.30

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3 years ago

The___ represents the cost of a loan and is expressed as a percent of the amount borrowed

kiruha [24]

Answer:

I’m pretty sure it’s B. interest rate

3 0

3 years ago