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Mademuasel [1]
2 years ago
7

All of these are pitfalls an organization should avoid in strategic planning except:_____________.1. using plans as a standard f

or measuring performance.
2. using strategic planning to gain control over decisions and resources.
3. failing to involve key employees in all phases of planning.
4. too hastily moving from mission development to strategy formulation.5. being so formal in planning that flexibility and creativity are stifled.
Business
1 answer:
Tamiku [17]2 years ago
3 0

Answer:

1. using plans as a standard for measuring performance.

Explanation:

Strategic planning is an important process that enables a business or an organization to have a sense of direction, goal orientation, and also enables them to evaluate and measure progress.

It is important when carrying out the strategic planning process to first focus on clarifying and developing the vision, mission and objectives of the business before moving on to strategy formulation, this helps to give a sense of direction.

In the process of strategic planning, involving key employees cannot be overemphasized. Giving key employees the chance to be involved in the planning process will enable them to connect to the business and set them up for success.

Apart from the fact that strategic planning provides a sense of direction, it also enables a business to outline goals that can be measured, hence providing a standard for measuring performance.

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Standlar Company makes and sells wireless speakers. The price of the standard model is $360 and its variable expenses are $210.
Vladimir79 [104]

Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100

<u>Explanation:</u>

1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?

total contribution margin  =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1)  = $3,000

2.Refer to Figure, What is the number of standard models sold at break even.

break even units  =Fixed cost divide contribution margin per package

= $300,000 divide $3000  =100 package  standard models sold at break even=100 package multiply 8 = 800

2.Refer to Figure, What is the number of deluxe models sold at break even.

break even units

=Fixed cost divide contribution margin per package  = $300,000 divide $3000

=100 package  deluxe models sold at break even = 100 package multiply 4

6 0
1 year ago
Kasten, Inc budgeted 10,000 widgets for production during 2013. Kasten has capacity to produce 12,000 units. Fied factory overhe
Vlada [557]

Answer:

Check the following calculations

Explanation:

1.  Received an order for 1,000 units

Cost per unit = $46

now

Incremental revenue per widget = $43

Incremental cost per widget: =( Direct material + Direct Labor + Vairable manufacturing overhead) =

$7 + ($15 × 2) + $4 = 41

Incremental profit per unit = 43 - 41 = $2

Total incremental profit = $2 × 1,000 = $2,000

Kasten can make an extra $2,000

2.  Cost to buy per widget = $39

Cost to make per widget: = ( Direct material + Direct Labor + Vairable manufacturing overhead) =

$7 + ($15 × 2) + $4 = 41

Incremental savings per widget if purchased =41 - 39 = $2

Total incremental savings if purchased = $2 × 10,000 = $20,000

Thus we can say  Kasten will save $20,000 if it buys instead of makes

5 0
2 years ago
QUESTION 1
babunello [35]
1.) A
2.) True
3.) False
4.) C
5.) C
6.) True
7.) True
8.) C
9.) True
10.) True
5 0
2 years ago
A 10-year U.S. Treasury bond with a face value of $1,000 pays a coupon of 5.5% (2.75% of face value every six months). The repor
Sveta_85 [38]

Answer:

YTM 5.2%  present value: $1,023.1644

YTM 1% present value:      $1,427.2169

YTM 8% present value:       $830.1209

YTM 8% present value:        $515.7617

Explanation:

YTM we will calculate the present value of the coupon payment

andthe maturity at each YTM rate given:

The coupon payment present value will be the present value of an ordinary annuity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Coupon payment 28 (1,000 x 2.75%)

time 20 (10 years x 2 payment per year)

rate          0.026 (YTM over 2 as the payment are semiannually)

27.5 \times \frac{1-(1+0.026)^{-20} }{0.026} = PV\\

PV $424.6800

The present value of the maturity will be the present value of a lump sum:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   20.00

rate  0.026

\frac{1000}{(1 + 0.026)^{20} } = PV  

PV   598.48

PV c $424.6800

PV m  $598.4843

Total $1,023.1644

Now, we will calculate changin the YTM the concept and formulas are the same, just the rate is diffrent:

<u>If YTM = 1% </u>

27.5 \times \frac{1-(1+0.005)^{-20} }{0.005} = PV\\

\frac{1000}{(1 + 0.005)^{20} } = PV  

PV c $522.1540

PV m  $905.0629

Total $1,427.2169

<u>If YTM = 8%</u>

27.5 \times \frac{1-(1+0.04)^{-20} }{0.04} = PV\\

\frac{1000}{(1 + 0.04)^{20} } = PV

PV c    $373.7340

PV m   $456.3869

Total    $830.1209

<u>If YTM = 15%</u>

27.5 \times \frac{1-(1+0.075)^{-20} }{0.075} = PV\\

\frac{1000}{(1 + 0.075)^{20} } = PV

PV c $280.3485

PV m  $235.4131

Total $515.7617

3 0
1 year ago
Perggy's Bakes, a bakery in New Orleans that exclusively sells its confectionery products online, makes its products only when i
Anastaziya [24]

Answer:

I feel like something is wrong in the question. Can you check it again?

Explanation:

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2 years ago
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