All categories

1 year ago

We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail

Business

1 answer:

damaskus [11]1 year ago

4 0

Explanation:

Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.

A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.

You might be interested in

Ellizon Fiber Optics, a publicly traded firm, has approximately 1200 shareholders and $32 million in assets. Given the specifica

ASHA 777 [7]

Answer:

The correct option is D,file quarterly and annual financial reports with the SEC

Explanation:

Accredited investor are high net worth businesses or individuals who trade in securities that are not registered with Securities and Exchange Commission,Ellison Fiber Optics does not require accredited investors as it is publicly traded company registered with SEC.

Insider dealing is an offence the world over,hence the company can be condoned by SEC for taking part in insider dealing.

Company like this are mandated to file returns quarterly and annually.

6 0

2 years ago

Suppose that the inverse demand for San Francisco cable car rides is pequals20minusStartFraction Upper Q Over 1000 EndFraction

MariettaO [177]

Answer: The revenue-maximizing price is $10.

Explanation:

Given that,

Inverse demand function: P = $20 - \frac{Q}{1,000}$

Where,

P - Price per ride

Q - Number of rides per day

Revenue(R) = P × Q

= $20 - \frac{Q}{1,000}$ × Q

= $20Q - \frac{Q^{2} }{1,000}$

Differentiating 'R' with respect to Q for calculating Marginal revenue(MR):

MR = $20 - \frac{Q}{500}$

Here, MC = 0

MR = MC

$20 - \frac{Q}{500}$ = 0

Therefore, Q = 10,000

P = $20 - \frac{Q}{1,000}$

= $20 - \frac{10,000}{1,000}$

= $10

Hence, the revenue-maximizing price is $10.

5 0

1 year ago

Vargas Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor

leva [86]

Answer:

11.20

Explanation: becuase it can be

3 0

2 years ago

Coca‑Cola and Pepsi are both releasing a new soda at the same time. Each company is fairly well known, and they are both decidin

Leokris [45]

Answer:

Coca Cola dominant strategy is strategy 1.

Explanation:

Dominant strategy is one in which the business adopts such a strategy which benefits it most among all other available alternative strategies. In the given case Coca Cola dominant strategy is strategy 1. This is because Coca Cola will get the highest possible payoff when it selects strategy 1.

3 0

1 year ago

A company's 2013 year-end balance sheet included the following: Jan. 1 Dec. 31 Accounts Receivable $80,000 $100,000Inventory $60

denis-greek [22]

Answer:

B. $170,000.

Explanation:

X company

statement of cash flow

For the year ended

Net income (balancing) (Note - 1) $170,000

Cash flow from operating activities

Depreciation expense $25,000

Increase in account receivable $(20,000)

Increase in inventory $(10,000)

decrease in Prepaid Expenses $25,000

Decrease in Accounts Payable $(20,000)

Increase in Deferred Revenue $30,000

Net cash flow from operating activities $200,000

Note 1:

Net cash flow from operating activities - Total changes in working capital= $200,000-$30,000 = $170,000.

3 0

2 years ago