Strategic management gives an organization its overall direction and entails defining its goals, creating plans and policies to attain those goals, and then assigning resources to carry out the plans.
What is Strategic management?In the field of management, strategic management refers to the formulation and execution of the main objectives and initiatives undertaken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment of the internal and external environments in which the organization operates. Strategic management gives an organization its overarching direction and entails defining the organization's goals, creating plans and policies to attain those goals, and then assigning resources to carry out the plans. Numerous models and frameworks have been established by academics and working managers to aid in strategic decision-making in the setting of complex environments and competitive dynamics. Since the nature of strategic management is dynamic, models may incorporate a feedback loop to track progress and guide future planning.To Learn more About Strategic management refer to:
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Peter Heating/Cooling installs and services commercial heating and cooling systems. Peter uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. Peter estimated that its overhead for the coming year would be $63,750. It also anticipated using 4,250 direct labor hours for the year.What is the predetermined overhead rate based on direct labor hours?
Answer:
Overhead rate = $15 per direct labor hour
Explanation:
given data
overhead for the coming year = $63,750
direct labor hours = 4,250
solution
we get here Estimated manufacturing overhead rate that is express as
Overhead rate = total estimated overhead costs for the period ÷ total amount of allocation base .....................1
put here value
Overhead rate = \(\frac{63750}{4250}\)
Overhead rate = $15 per direct labor hour
According to the video, what are some challenges faced by Advertising and Promotions Managers? Check all that apply
angry customers
cost of ads
long hours
stressful deadlines
Answer:
long hours
stressful deadlines
Explanation:
mhm
Long hours and stressful deadlines are some challenges faced by Advertising and Promotions Managers. Thus, option C and D are correct.
What do advertising managers do?Advertising managers oversee a company's advertising initiatives and work with staff to create innovative, dependable brand-specific advertising campaigns. They set project goals, collaborate with other personnel, oversee them, and monitor a project's progress and results. A manager of advertising generates interest among potential customers for a department, for the entire company, or for a specific project (account).
They work for media companies that offer advertising time or space, advertising agencies that create advertising campaigns for customers, and widely advertised companies. To come up with ideas for an advertising campaign, they work with sales employees and others, and they also manage the team that creates the advertising. Additionally, they meet with the finance division to create a budget and cost estimate.
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What is the most accurate way of determining his expenses?; Which section of the business plan describes the purpose of the proposed business is reason for existence?; What is a variable expense Everfi?; What happens if you spend money on things you want before things you need?
The most accurate way of determining his expenses is to review his financial records, such as his income and expenses, to gain insight into his financial situation.
Which section of the business plan describes the purpose of the proposed business is reason for existence?
The executive summary is the section of the business plan that describes the purpose of the proposed business and its reason for existence. This section should outline the company's goals, the products or services it will provide, the target market, and the advantages it will have over competitors.
What is a variable expense Everfi?
A variable expense Everfi is an expense that changes from month to month, such as utilities, groceries, and entertainment.
What happens if you spend money on things you want before things you need?
If you spend money on things you want before things you need, you may end up without enough money to cover your essential expenses. This can lead to debt or financial difficulty. It's important to prioritize your needs before your wants in order to ensure that you can cover your basic expenses.
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HELP HELP HELP 10 POINTS!!!!!!!!!!!!!! PICTURE PROVIDED!!!!!
Two years ago, you invested $1,000 in a healthcare stock. Your return during the first year was -50 percent, while your return in the second year was 50 percent. Your investment is now worth $1,000. True False
Answer:
The answer is true.
Explanation:
It is true that the investment worth is $1000 because it is given that there is a negative 50 percent yield in the first year and in the second year there is a positive 50 percent yield. Here, negative yield shows some kind of loss and positive yield shows gains. So the loss of first-year is compensated by the gain of the second year. Therefore, the investment worth remains the same at $1000.
Deregulation in the banking industry in 2007 was mainly intended to lead to _____. (Select all that apply.)
an efficient marketplace
competitive pricing
riskier investments
volatile interest rates
Answer:
riskier investment
Explanation:
Mark brainliest
In a progressive tax structure, the higher a taxpayer's
income, the greater percentage he or she must pay in
taxes. This chart shows a sample progressive income tax
CEPTS for a taxpayer with total taxable income of $100,000.
Income According to the chart, what would be the total
tax on taxable income of $65,000?
Answer:According to the chart, the total tax on taxable income of $65,000 would be $16,250.
Explanation:
Which of the following explains why people became more malnourished after society started relying on agriculture
rather than hunting and gathering?
Commodities were exchanged using money, which was not equally available.
Commodities were often difficult to grow in areas where conditions suited societies
Commodities were controlled by the social elite and the food was not divided evenly
Commodities were found to be too much work for too little money so few people grew crops
Answer:
the answer would be the second one :)
Kris is a salesperson for IBM. He makes a base salary of $80,000 per year plus 4% of net sales. He is paid bi-weekly, and commission is paid when the sale is billed. This period, they billed a $25,000 sale. Kris has also made another $25,000 sale but it was not billed until the day after the close of the pay period. What should Kris expect his gross pay this period to be?
$1,000
$3,076.92
$4,076.92
$5,076.92
Explanation:
To calculate Kris's gross pay for the pay period, we need to calculate his commission on the billed sale of $25,000 and add it to his base salary. We also need to calculate his commission on the unbilled sale of $25,000 and include it in the next pay period.
Commission on billed sale = 4% of $25,000 = $1,000
Base salary = $80,000 per year / 26 pay periods per year = $3,076.92 per pay period
Gross pay for this pay period = Base salary + Commission on billed sale = $3,076.92 + $1,000 = $4,076.92
Therefore, Kris should expect his gross pay this period to be $4,076.92, which is option C.
1. $4,076.92
2. Assets = Liabilities + Equity
3. They can be used to make online purchases.
4. by using an emergency fund for this unplanned expense
5. a fund with a minimum investment that tracks the value of cash
6. 1930s
7. Banks because they are highly regulated by the government, so the loan terms will not be predatory.
8. their vacation cabin
9. You should shop around for the best overall deal.
10. If you use a credit card, it is easy to run up huge debts.
11. They are tied directly to your bank account.
12. preventative care
13. $100,000 per person bodily injury, $300,000 per incident for bodily injury, $50,000 for property damage
14. how long the coverage lasts, how much the premium costs, and the cash value
15. 1-year renewable group term life
16. Identity thieves can intercept unencrypted data being sent to Wi-Fi hot spots.
17. Wells Fargo employees were opening unauthorized deposit and credit accounts for its customers.
18. 2 year in state community college degree
19. tuition assistance
20. -a sundae, -movie tickets
Explanation: All of these answers are correct!
Personal Finance Semester Exam
5/11/2023
How have cloud-based applications changed the way people edit documents?
We can actually deduce here that cloud-based applications has changed the way people edit documents by allowing multiple users to access, review and edit a document in real time but from different locations.
What is cloud-based application?A cloud application is actually known to be a software application that is known to be deployed in a cloud environment and not actually hosted on a local server but accessible via the internet.
Cloud computing is the technology that is changing how people store and share files. Documents can be stored in the cloud system for years and accessed from anywhere and at anytime.
We see here that with cloud collaboration multiple users can work on a document at real time.
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The rule in Garner v. Murray deals with
Answer:
In the event of the insolvency of a partner any losses should be shared in the ratio of the last agreed capital balances before the dissolution took place. This is known as the Garner v Murray rule.
Explanation:
What will be the end result for the taxpayer who filed her federal income tax return using the 1040EZ form shown below?
A. She will receive a refund of $152
B. She will owe $2293
C. She will receive a refund of $2293
D. She will owe $152
Therefore, Option A is correct. Income Tax Return for Single and Joint Filers Without Dependents, Form 1040-EZ. The 1040-EZ form was the quickest and simplest to complete of the bunch. It was intended for people who did not itemize their deductions and simply claimed the standard deduction.
What is income tax short form 1040EZ?
For income filers who do not need the intricacy of the regular 1040 tax form, the IRS uses the 1040EZ, a streamlined form. To estimate your total taxes, just choose your tax filing status and add a few basic facts.
An annual tax return you submit to the IRS on Form 1040, U.S. Individual Income Tax Return, is known as a federal tax return. It displays your income for the tax year as well as your tax payments. Its objective is to demonstrate that you fulfilled your duty to reimburse the US government.
An income tax return that was submitted for a person in the year of that taxpayer's passing is referred to as a final return for deceased. In order to account for any income or transfers received in a particular year, taxpayers who pass away in that year must have a final tax return filed with the IRS on their behalf.
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what is the diffinition and meaning of management
Answer:
your answer is "the process of dealing with or controlling things or people.
Explanation:
hope this helps
Answer:
Dealing with or handling items or people is a process.
Explanation:
HW13. Suppose that you begin saving up to buy a car by depositing a certain amount at the end of each month in a savings account which pays 3.6% annual interest compounded monthly. If your goal is to have $15,000 in the account four and a half years from now, how much do you need to put into the savings account each month
Answer:
$256.31
Explanation:
Interest rate per annum = 3.6%
Number of years = 4.5
No of payment per annum = 12
Interest rate per period 3.6%/12 = 0.3%
Number of period = 4.5*12 = 54
FV of annuity = 15,000
Deposit in each month (P) = FVA / ([1+r)^n - 1]/r)
Deposit in each month (P) = 15,000 / ([1+0.3%]^54 - 1) / 0.3%)
Deposit in each month (P) = 15,000 / ([1.003^54 - 1]/0.003)
Deposit in each month (P) = 15,000 / (1.175575 - 1/0.003)
Deposit in each month (P) = 15,000 / (0.175575/0.003)
Deposit in each month (P) = 15,000 / 58.525
Deposit in each month (P) = 256.3007262
Deposit in each month (P) = $256.31
If there is a greater quantity supplied than the quantity demaded ( an excess supply of a good or service) you are most likely dealing with:_______.
A- price ceiling set below the equilibrium price
B- price floor set above equilibrium price
After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
The director decides to move forward to fix this issue.
"I'd like you to come up with a strategy to fix this misperception by consumers. I want this strategy to create an almost involuntary reaction in the consumer of thinking 'good-tasting cookie' whenever they see 'Cocoa Cremes'."
"I think once they learn and remember that the cookie brand stands for an enjoyable eating experience, we may see an increase in sales."
Which strategy would you recommend to the director?
You will recommend developing an advertising strategy that pairs image of people eating and enjoying cookies .
Elaborating:This is primarily due to the fact that the company is compelled to show customers a product commercial with two pictures of people eating and enjoying cookies bearing the brand name. which will undoubtedly recall the advertising campaign and brand name.
Every time they see advertising that uses the brand name, customers would be encouraged to try the product. Your brand's exposure through this strategy will undoubtedly result in increased sales. Customers will begin to view the brand in a more favorable light as a result of this positive influence.
Despite the fact that managers frequently employ both mental models, they frequently fail to recognize the differences. Additionally, decision-makers fall prey to mental pitfalls as a result of this lack of awareness. We can avoid falling into these traps and make better decisions if we understand backward and forward thinking.
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question questionquestionquestionquestionquestionquestionquestionquestionquestion
Explanation:
what's the question I'm waiting to hear it
Which career requires LESS education than an Auditor?
a) Accountant
b) Bookkeeper
c) Credit Analyst
d) Financial Manager
WHAT IS OPERANT CONDITIONG
Answer:
Operant conditioning is a type of associative learning process through which the strength of a behavior is modified by reinforcement or punishment. It is also a procedure that is used to bring about such learning.
Operant conditioning refers to the conditioning of behaviours and responses that are under the control of animals and human beings and are emitted voluntarily by them. The behaviour is learned, maintained or changed through its consequences called reinforcers.
Fischer Company uses 12,000 units of a part in its production process. The costs to make a part are: direct material, $15; direct labor, $27; variable overhead, $15; and applied fixed overhead, $32. Heath has received a quote of $60 from a potential supplier for this part. If Fischer buys the part, 75 percent of the applied fixed overhead would continue. Fischer Company would be better off by Select one: a. $60,000 to buy the part b. $216,000 to manufacture the part c. $30,000 to manufacture the part d. $348,000 to buy the part
Answer:
Difference= $60,000 in favor of buying
Explanation:
Giving the following information:
Number of units= 12,000
Make in-house:
Direct material, $15
direct labor, $27
variable overhead, $15
applied fixed overhead, $32
Buy:
Buying price= $60
If Fischer buys the part, 75 percent of the applied fixed overhead would continue.
First, we will calculate the avoidable fixed overhead per unit:
Avoidable fixed overhead= 32*0.25= $8
Now, the total differential cost of making in-house:
Total cost of production= 12,000*(15 + 27 + 15 + 8)
Total cost of production= 12,000*65
Total cost of production= $780,000
Total cost of buying= 60*12,000= $720,000
Difference= $60,000 in favor of buying
intext:"On December 31, there were 26 units remaining in ending inventory. Using the periodic LIFO inventory costing method, what is the value of cost of goods sold"
Answer:
$5,400
Explanation:
Calculation for the value of cost of goods sold
Calculation of Cost of goods sold
Units of sales × Purchase = Cost of goods sold
6 units ×$ 120.00 = $720
5 units ×$ 125.00 = $ 625
9 units×$ 130.00 =$ 1,170
11 units ×$ 135.00 =$ 1,485
10 units × $ 140.00 =$1,400
TOTAL $5,400
Therefore the value of cost of goods sold will be $5,400
Create a Power Point presentation or a chart showing how supply and demand, scarcity, and economic measurement affect the legal form of business you chose, as well as the costs associated with your business.
Answer:
there u go
Explanation:
a coffee shop gives customers a free donut after every 6 coffee purchases. this is an example of what kind of reinforcement schedule
An example of a fixed-ratio reinforcement plan is a coffee shop that offers clients a free donut after six coffee purchases. After a predetermined number of responses, a fixed ratio plan gives reinforcement.
Fixed ratio schedules cause high reaction rates up until a reward is given, after which there is a break in behavior. A schedule known as fixed-ratio reinforcement provides reinforcement to a subject after a predetermined number of responses. It is one of the four partial reinforcement schedules that B.F. Skinner, the inventor of operant conditioning, recognized. Operant conditioning uses rewards and penalties to steer conscious behavior in one direction or the other.
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What can HR professionals do to mitigate concerns about pregnancy discrimination in the workplace? What does the law say companies need to do to avoid violating the rights of pregnant employees?
With our combined efforts as one HR, there is no cause we cannot influence. Knowing the law and interacting with expectant women are the greatest ways to stop pregnancy prejudice.
Employers place a high premium on discouraging pregnancy prejudice. The Pregnancy Discrimination Act of 1978's new EEOC rules have made it a particularly controversial topic in today's society. The best thing you can do to defend yourself in court is to train all managers or supervisors, but especially those who are directly in charge of supervising workers.
When you learn that a coworker is pregnant, you must show her respect and use caution. You should merely express gratitude to the worker for informing you. Offer pregnancy prejudice your support and assure her that, if necessary, you would make accommodation's that are reasonable in nature for her.
Never indicate that an employee's pregnancy is a burden on the company, and neither should your supervisors. Before approaching a pregnant employee, ask a member pregnancy prejudice of your human resources team any questions you may have about what to ask or not ask.
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The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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Match the design thinking stage to its description.
Question 14 options:
The design team creates multiple inexpensive versions of the product, known as minimum viable products (MVPs)
Spend time gaining an understanding by observing, engaging, and empathizing with customers to understand their experiences and their needs better
Analyze observations and information to identify the core problem
The design team comes up with solution ideas
The design team identifies any additional problems and refines the final solution before the final product is produced and released to customers
1.
Empathize
2.
Define
3.
Ideation
4.
Prototype
5.
Test
The design team creates multiple inexpensive versions of the product, known as minimum viable products (MVPs) - Prototype.
Spend time gaining an understanding by observing, engaging, and empathizing with customers to understand their experiences and their needs better - Empathize
Analyze observations and information to identify the core problem - Ideation
The design team comes up with solution ideas - Ideation
The design team identifies any additional problems and refines the final solution before the final product is produced and released to customers - Test
What is a Design thinking?Generally, a design thinking means the set of cognitive, strategic and practical procedures used by designers in the process of designing and to body of knowledge that has been developed about how people reason when engaging with design problems. A design thinking is also associated with the prescriptions for the innovation of products and services within business and social contexts.
The term "design thinking" is been used to refer to specific cognitive style, a general theory of design (which is way of understanding how designers work), and a set of pedagogical resources (through which organisations or inexperienced designers can learn to approach complex problems in a designerly way).
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BCG growth share matrix
The BCG growth-share matrix is a business analysis tool that helps companies analyze their portfolio of businesses and products based on two key factors: market growth rate and market share.
What are the quadrants of the BCG matrix?"Stars" - high market growth rate and high market share products, which are expected to continue growing and generating profits;
"Cash cows" - low market growth rate and high market share products, which generate steady profits that can be invested in other areas;
"Question marks" or "problem children" - high market growth rate and low market share products, which require investment to increase their market share;
"Dogs" - low market growth rate and low market share products, which may be candidates for divestment or discontinuation.
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Which of the following is not an example of restructuring?
Answer:
c
Explanation:
Increasing or decreasing the amount of common stock is not an example of restructuring. Thus, option 'A' is the correct option.
What is restructuring in a business?A business restructuring is a key step that a company takes to change and reorganize its operations with the goal of lowering debt, boosting productivity, and enhancing the firm's moving ahead. Businesses experiencing financial challenges are more likely to reorganize.
A firm that finds itself in a situation where its debt is rising and it is having trouble making payments on time will frequently choose to restructure in order to find a sustainable solution to pay back all of its creditors and settle any outstanding debt. In general, the significance of corporate restructuring originates from its capacity to right the ship, divert attention from a gathering storm, and steer it in the direction of sheltered seas. It can act to turn around a failing business and position it for success.
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The complete options are:
a. Increase or decrease the amount of common stock
b. Eliminating profitable but unrelated divisions.
c. Merging with companies in related industries.
d. Divesting of an unprofitable division
DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
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