These are some of my personal benifits of strategic management process:
It allows organizations to be proactive rather than reactive. A strategic plan allows organizations to foresee their future and to prepare accordingly.
It sets up a sense of direction.
It increases operational efficiency.
It helps to increase market share and profitability.
It can make a business more durable.
I hope it helped you!
The type of taxation this table represents is option B Progressive Tax.
What are the type of Taxation?
There are mainly four types of Taxes, these are Regressive, progressive, Indirect, and Proportional. In the given question, the Progressive Taxation system is represented.
A Progressive Taxation system is one where companies which have lower income have lower tax rate in comparison to big companies. In the given question, the company which have the lowest income is giving 10% of total income, while the largest company is giving 20% of their income.
Learn More about Taxation System here:
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Answer:
D) $45,000
Explanation:
The computation of the amount which is included in the current liability section is shown below:
= Account payable balance + bonds payable - discount on bonds payable + dividend payable
= $15,000 + $25,000 - $3,000 + $8,000
= $45,000
The current liability is that liability which is arise for one year. Since, the notes payable is a long term liabilities so we do not consider in the computation part.
Answer:
True.
Explanation:
Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.
Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.
For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.
Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.
Answer:
Imports.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.
In this scenario, the Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of imports.
An import can be defined as a type of trade which typically involves the purchase of goods and services from a foreign country for domestic use.
