The correct answer is B. To plan effective strategies and specific tactics to accomplish the strategic objectives
Explanation:
The purpose of a situation analysis is to understand deeply a business strengths, potential for growth, areas to improve, among others. Additionally, a business analysis is an important step in a marketing plan that is used for businesses to set and achieve goals according to their situation. In this context, after the situation analysis, the next step is to set goals for the business and then to decide on the strategies and tactics that will be used because without specific strategies it would not be possible to achieve the proposed goals.
Also, after the strategies have been implemented you can evaluate the results or implementation and conduct another situation analysis to verify the business grew or there was an improvement. Thus, the next step after setting goals is "To plan effective strategies and specific tactics to accomplish the strategic objectives."
Answer:
market value
Explanation:
In situations such as this one, the appraiser is usually hired to determine the market value of the property/asset that the individual is trying to sell. Market value is a term used in economics that describes the actual current value of an asset or a company on the financial market, according to market participants. In other words, this is the current price that other similar assets are selling for and what buyers seem to be willing to pay.
Answer:
The operating Income should increase by about 59.0%.
Explanation:
Degree of Operating Leverage = % Change in EBIT / % Change in Sales
5.9 = % Change in EBIT / 10%
% Change in EBIT = 5.9 * 10% = 59.0%