All categories

2 years ago

before moving forward with its strategic management, organizations should develop vision statements that describe

1 answer:

ivann1987 [24]2 years ago

3 0

Before moving forward with its strategic management, organizations should develop vision statements that describe:

The goals and objectives of the organization

A vision statement is the statement of a company or organization that states the aims, plans and objectives of the company.

The vision statement is important because it gives the purpose of the company and helps employees have an idea of where the company is heading.

Strategic management is the plan in motion to implement the aims and objective of an organization.

This strategic management is important because it makes the necessary plans and policies to make sure that the vision statement of the company is met.

You might be interested in

The stock of Mulberry Corporation is owned by Archana (60%) and Anar (40%), who are mother and daughter. Pursuant to a plan of c

Phoenix [80]

Answer:

There is loss of $109,120

Explanation:

Lossrecognized=Marketvalue−Purchasevalue

=$1773200-1364000

Therefore, loss recognized by “M” Corporation is $409,200

Determine the gain or loss of A:

LossbyA=Purchasevalue−Liability−ActualbasisofM

=[($1364000-$1091200)×40%]−$218240

=$109120−$218240

=($109,120) loss

4 0

3 years ago

Read 2 more answers

Exercise 14-04 a-c Bonita Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,70

PilotLPTM [1.2K]

Answer:

Factory Overheads $182,420

Manufacturing overhead $ 396,820

Product costs $396,820

Period costs $ 75,720

Explanation:

Bonita Company

Direct materials used 141,700

Direct labor $72,700

Factory Overheads $182,420

Factory utilities $16,000

Depreciation on factory equipment 14,250

Property taxes on factory building 2,600

Indirect factory labor 53,500

Indirect materials 85,000

Factory repairs 2,970

Factory manager’s salary 8,100

Manufacturing overhead $ 396,820

Product costs $396,820

Advertising 15,600

Office supplies used 3,420

Sales salaries 50,000

Depreciation on delivery trucks 4,900

Repairs to office equipment 1,800

Period costs $ 75,720

Manufacturing Costs are costs used in the manufacture of products.

Product Costs = Direct materials + Direct Labor + Manufacturing Overheads

Period Costs include Marketing and Selling Expenses , Administrative Expenses.

5 0

2 years ago

Assuming that the car was stolen prior to delivery to abc motors and without the knowledge of any representative of abc motors,

tamaranim1 [39]

I believe in this case that ABC motors is the customer and the car was still being delivered to their office. Therefore the correct answer to this is:

The title of ABC motors would be “Void”

This is considered right away as Void since there was no information or any knowledge on the part of ABC motors about the stolen car.

7 0

3 years ago

A situation in which each firm chooses the best strategy given the strategies chosen by other firms is called a.

Trava [24]

Answer:

A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.

4 0

2 years ago

What are two strategies for dealing with information overload?

Brilliant_brown [7]

Answer:

Letter d is correct. Filtering and withdrawal.

Explanation:

Information overload occurs when there is an excess of daily information, which is enhanced by the use of technologies whose information circulates in free demand and real time. In the organizational world, the use of information technologies has greatly facilitated work processes, data and indices have dramatically increased understanding of buying and selling behaviors, management and control, and internal and external communication. However, it is important to set limits so that there is not too much information, which instead of helping the processes, can confuse individuals, cause conflicts and even a loss of focus.

So the two strategies that best fit the control of information overload are filtering content so that you don't lose focus on what is really relevant to your daily work and withdrawal what is not relevant at the moment. By planning and managing information it is possible to establish greater control.

4 0

3 years ago