answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
masya89 [10]
2 years ago
5

Strategic planning is the process _____. the process of creating a marketing strategy for the company’s product line the process

of defining the direction and overall purpose of an organization the process by which a company defines its core customers and stakeholders the process by which a company strategically plans to undercut competition
Business
1 answer:
Anit [1.1K]2 years ago
6 0
Strategic planning is the process of defining the company's strategy and making decisions about how to use resources to accomplish that strategy.
You might be interested in
Justin discounts a 115-day note for $26,000 at 8.5%. the effective rate of interest to the nearest tenth percent is:
lesya692 [45]
8.7%

$26,000 x .085 x 115/360 = $705.97
$26,000 - $705.97 = $25,294.03
$25,294.03 x 115/360 = $8080.04
$705.97/$8080.04 = 8.7%
4 0
1 year ago
Read 2 more answers
Tatum can borrow at 6.7 percent. The company currently has no debt, and the cost of equity is 12.9 percent. The current value of
Zanzabum

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
1 year ago
Madison River Supply Co. sells canoes, kayaks, whitewater rafts, and other boating supplies. During the taking of its physical i
oee [108]

Due to the error in the recording of correct amount of inventory the ,at the end of Madison river supply balance sheet , the inventory , current assets, total assets and shareholders equity would be understated by $10,400.

Now due to the error in recording correct amount of inventory , in the balance sheet it will be shown as understated by $10,400 ( $555,400 - $5454,000 ) , now because of this the current assets would become understated by the same amount as inventory comes under the current assets.

Since current assets are understated , the total assets of the company would also be understated and so do shareholders equity as the net income has decreased because of the increase in cost of goods sold.

4 0
1 year ago
Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 40,000 units
Lisa [10]

Answer:

Product L= $34

Product H= $34

Explanation:

Giving the following information:

Product H is expected to sell 40,000 units next year and Product L is expected to sell 8,000 units.

A unit of either product requires 0.4 direct labor-hours.

Estimated overhead= $1,632,000. R

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,632,000/(48,000*0.4)

Estimated manufacturing overhead rate= $85 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product L= 85*0.4= $34

Product H= 85*0.4= $34

3 0
1 year ago
Kern Company deposited $1,000 in the bank on January 1, 2017, earning 8% interest. Kern Company withdraws the deposit plus accum
GenaCL600 [577]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Kern Company deposited $1,000 in the bank on January 1, 2017, earning 8% interest. Kern Company withdraws the deposit plus accumulated interest on January 1, 2019.

We need to use the following formula:

FV= PV*(1+i)^n

A) i= 0.08 n=2

FV= 1000*(1.08^2)= $1,166.4

B) i= 0.08/2= 0.04    n= 4

FV= 1,000*(1.04^4)= $1,169.86

C) i= 0.02    n= 8

FV= 1,000*(1.02^8)= $1,171.66

7 0
1 year ago
Other questions:
  • A discount from the list, or retail, price offered to intermediaries is a(n) ____ discount.
    11·1 answer
  • Jim has listed stages of the product lifecycle in his presentation. Which slide element can Jim use to make the items in the lis
    5·2 answers
  • Describe how job rotation can be used to combat the problems caused by job specialization
    13·1 answer
  • Many homes are decorated in spring colors because these colors are deemed to be uplifting; however, most department stores do no
    11·1 answer
  • Business Designs utilizes a structure that includes functional divisions, such as accounting and production, and a divisional ch
    9·2 answers
  • Loni owns a software company and has a great idea for a new app. In order to build the app, she will need to hire a computer exp
    10·1 answer
  • Journey's the shoe store has a cost of goods sold of $22.00 on classic Converse Chuck Taylor sneakers. The corporate office mand
    13·1 answer
  • United Resources Company obtained a charter from the state in January of this year. The charter authorized 200,000 shares of com
    13·1 answer
  • When a furniture manufacturer buys the lumber and other raw materials, machines and equipment, manufacturing supplies, and offic
    15·1 answer
  • Conducting a search of the story is part of store closing duties why
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!