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Usimov [2.4K]
2 years ago
11

matthew has written his mission, vision, and value statements. he has completed his organizational assessment. what is his next

step?
Business
1 answer:
Dimas [21]2 years ago
4 0

After completing the organizational assessment, Matthew's next step should be to formulate the functional strategies.

The action plans that a company develops in different areas to achieve its objectives and goals in the short and long term are called functional strategies.

It is the set of strategies of the areas:

  • Commercial
  • Financial
  • Marketing
  • Production
  • Human Resources
  • Distribution
  • Technology

As a company is an integrated system that works to achieve a common goal, which in general is to be profitable and competitive in the market, the functional strategies must be aligned with those at the corporate and organizational level.

Therefore, the formulation of functional strategies is essential for the integration and optimization of organizational resources in order to achieve a company's objectives and goals.

Learn more here:

brainly.com/question/4974396

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3 years ago
If there are 100 transactions in a year and the average value of each transaction is $10, then if there is $200 of money in the
trapecia [35]

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2 years ago
Units: Beginning Inventory: 34,000 units, 55% complete as to conversion. Units started and completed: 128,000. Units completed a
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Answer:

the cost per equivalent unit of conversion is $3.49

Explanation:

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= Total conversion cost ÷ equivalent units

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3 years ago
Economic profit can be derived from calculating total revenues minus all of the firm's costs
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Answer:

c)$568; $378; $54

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8 0
3 years ago
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