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Mashcka [7]
3 years ago
14

The key reasons that an organization should adopt planning and strategic management are to:

Business
1 answer:
vitfil [10]3 years ago
8 0

Let understand that Strategic planning is the approach used to for process of documenting and establishing the direction of the organisation goals and objectives.

  • Strategic planning creates an organization vision, mission and priorities etc

  • Let understand that "Strategic management" refers to the overall process of strategic planning to implementation and executing of other plan.

The key reason for adopting these plan are:

  • Gives direction and momentum: The plans gives an organization direction on how to operate.
  • Encouragement of new ideas: The plans helps to encourage new ideas because the business new to expand.
  • Its gives Sustainable competitive advantage.

Learn more about this here

<em>brainly.com/question/4564918</em>

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Segmenting customers on the basis of things like products purchased, sales history, demographic information, and desired product
nikklg [1K]

The answer of the given question is false which is the given statement is not true.

At its most basic level, CRM software compiles customer data and stores it in a single CRM database for easier management and access by company users.

CRM systems have had a lot of extra features added to them throughout time to increase their utility. Some of these features include the ability for managers to monitor performance and productivity based on data logged within the system, as well as the ability to automate various workflow automation processes, such as tasks, calendars, and alerts, depending on system capabilities. Other features include recording various customer interactions via email, phone, social media, or other channels.

learn more about CRM here brainly.com/question/25752641

#SPJ4

4 0
2 years ago
Rivalry-related competitive pressures are being intensified by the efforts of rivals to expand their product lines and offer wid
VARVARA [1.3K]

Answer:

True

Explanation:

The pressure that are competitive are considered to be intensified via the competitors efforts in order to diversify the product lines and the other things at the wider area that wore the performance based yoga and the apparel related to the fitness

So as per the given statement, the statement is true

hence, the option a is correct

8 0
3 years ago
Fill in the price and the total, marginal, and average revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day. Quant
Tems11 [23]

Answer:

Demand Curve is same as Average Revenue (AR) curve.

Total Revenue, Marginal Revenue, Average Revenue have been solved below

Explanation:

The demand curve that Vesoro faces is identical to 'Average Revenue' <u>curve</u>. As, AR curve represents average price (P) buyers are willing to pay for a quantity of a commodity.

Average Revenue (AR) is total revenue (TR) per unit quantity. AR = TR/ Q. Total Revenue is the total revenue for all quantities, TR = P x Q

So, Average Revenue = (P x Q) / Q = P ie price. This states that average price willingness to pay is same as AR, demand curve is AR curve.

Assuming perfect competition constant price = $5

Q    P    TR= PxQ   AR= TR /Q   MR (marginal revenue = TRn -TRn-1)

0     5         0                 0                _

1     5          5               5                5

2     5         10              5                5

3     5         15              5                5

7 0
3 years ago
Boespflug Incorporated has a $1,000,000 investment opportunity that involves sales of $900,000, fixed expenses of $225,000, and
eduard

Answer:

. 5.0%

Hope it helped u if yes mark me BRAINLIEST!

Tysm!

4 0
3 years ago
When __________ advertisers seek to determine the cost of advertising needed to achieve the desired objectives.
Katarina [22]

Answer:

determining the advertising budget                              

Explanation:

An advertising budget refers to the estimate of the advertising spending of a corporation over a specified period of time frame. More crucially, it is the cash a firm is capable of setting aside to achieve its advertising goals. In developing a marketing budget, a corporation should evaluate the importance of investing a dollar in ads against such a currency's value as known revenues.

The advertising budget is a part of the general revenue or market presence of a business that can be seen as the investment in the development of a product. The greatest marketing outlays — and initiatives — concentrate on the desires of consumers and solve their issues, not corporate problems like overstock cuts.

7 0
3 years ago
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