what must a strategic vision convey in order to function as a valuable managerial tool?
what management wants the business to look like and provide managers with a reference point in making strategic decisions and preparing the company for the future
Answers
A strategic vision must convey several key elements in order to function as a valuable managerial tool. These include:
A clear and compelling description of what the organization aspires to become: A strategic vision should communicate management's aspirations for the organization in a way that inspires and motivates employees. This description should be ambitious, but also realistic and achievable.
A roadmap for achieving the vision: A strategic vision should provide a high-level roadmap or plan for achieving the desired future state. This plan should identify key priorities, initiatives, and milestones that the organization must achieve in order to reach its strategic goals.A description of the organization's core values: A strategic vision should articulate the organization's core values, which are the beliefs and principles that guide its behavior and decision-making. These values should reflect the organization's culture and help to define its unique identity.A focus on the customer: A strategic vision should prioritize the needs and preferences of the organization's customers. This means identifying the key customer segments that the organization serves, understanding their needs and expectations, and developing products and services that meet those needs.Overall, a strategic vision should provide managers with a clear understanding of what the organization wants to achieve and how it plans to get there. It should serve as a guiding principle for decision-making, resource allocation, and performance measurement, and should inspire employees to work towards a shared purpose.
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Related Questions
The rise or fall in the price of an item is an.example of which of the following?
O Inflation risk
O Personal risk
O Income risk
O Interest rate risk
Answers
Answer:
Inflation risk
Explanation:
I am taking a class this right now
Answer:
income risk
Explanation:
i do the test
what is VAT number?why we need this?
Answers
Answer:
what is a vat
Explanation:
Carla Vista Corporation incurred the following costs while manufacturing its product. Materials used in product $147,500
Depreciation on factory 70,800
Property taxes on store 8,850
Labor costs of assembly-line workers 129,800
Factory supplies used 27,140
Advertising expense 53.100
Property taxes on factory 22,420
Delivery expense 24.780
Sales commissions 41,300
Salaries paid to sales clerks 59.000
Work in process inventory was $31,860 at January 1 and $18,290 at December 31 . Finished goods inventory was $76,700 at January 1 and $59,670 at December 31. (Assume all raw materials used were direct materials.) (a) Compute cost of goods manufactured. Cost of goods manufactured $.....
Answers
To compute the cost of goods manufactured, we need to consider the direct and indirect costs incurred during the manufacturing process.
Direct costs: Materials used in product: $147,500 Labor costs of assembly-line workers: $129,800 Indirect costs: Depreciation on factory: $70,800 Factory supplies used: $27,140 Property taxes on factory: $22,420 To calculate the cost of goods manufactured, we add the direct costs and the indirect costs: Cost of goods manufactured = Direct costs + Indirect costs Cost of goods manufactured = ($147,500 + $129,800) + ($70,800 + $27,140 + $22,420) Cost of goods manufactured = $277,300 + $120,360 Cost of goods manufactured = $397,660
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The maximum word limit is 1,000 words. Final marks obtained will be reduced by 10% if this word limit is exceeded.
Millennials are now the largest demographic in the US labor force, in a PwC global generational study. According to the research findings, in order to foster a greater sense of commitment among millennials, it is necessary to transform the core dynamics of the workplace. Millennials place a high priority on workplace culture and desire a work environment that emphasizes teamwork and a sense of community.
In designing a talent management strategy for the Millennials, what are the key factors ( 8 to 10 factors) that a Human Capital Manager should look into.
In the organization where you work, what are some of the initiatives undertaken to retain the Millennial Talent? Which of these initiatives have been well accepted by the Millennials and brought about a significant change in performance? You are expected to answer this question with an in-depth analysis and critical review, looking at initiatives that worked and initiatives that did not work, and reasons behind this.
Answers
Key factors to consider in designing a talent management strategy for Millennials:
The Key Factors to considerWork-life balance: Providing flexible work arrangements and recognizing the importance of personal time.
Career development opportunities: Offering clear growth paths, mentorship programs, and continuous learning opportunities.
Meaningful work: Aligning job responsibilities with Millennials' values and providing a sense of purpose.
Recognition and rewards: Implementing a culture of regular feedback, acknowledging achievements, and providing competitive compensation.
Collaboration and teamwork: Encouraging a collaborative and inclusive work environment that emphasizes teamwork.
Technology and innovation: Leveraging technology and providing access to cutting-edge tools and resources.
Work environment and culture: Creating a positive and inclusive workplace culture that fosters a sense of community.
Transparency and communication: Ensuring open and transparent communication channels to keep Millennials informed and engaged.
In terms of initiatives undertaken to retain Millennial talent, it is essential to review their effectiveness and impact on performance.
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Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
Answers
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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what is the meaning of market variable in maketing
Answers
Answer:
market is for people low budget and the markering is people qho want earn money in online
Which tasks would be performed by someone in an Administration and Information Support career?
analyzing information to predict future sales and supervising others
answering telephone calls and filing paperwork
training employees and administering employee benefits
hiring and firing employees and approving budgets
Answers
Answer:
B. Hope this helps my friend!
Explanation:
Answer:
anwer is B
Explanation:
How do you think the narrator of the story will pay off credit card debt? What might the federal government have to do to pay off some of its debt?
Answers
To pay off some of its debt, the federal government could implement a combination of measures such as:Increase revenue: The government could increase taxes on individuals and businesses to generate more revenue.
Reduce spending: The government could cut spending in areas such as defense, healthcare, and social welfare programs. This could be done by eliminating redundant programs, reducing the size of the military, or reducing the number of government employees.Sell assets: The government could sell off assets that are no longer needed, such as unused land or buildings, to generate additional revenue.Borrow at lower interest rates: The government could attempt to refinance its debt at lower interest rates to reduce the cost of its debt.Inflation: Inflation can erode the real value of the debt, making it easier to pay off.
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identify two ways (other than its website) that bushall could use to advertise jo vaccines
Answers
Explanation:
well what can I do? can't help you sorry
The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.
Answers
yes, no matter what company say, they need money for funding for "social change"
The chart shows the marginal revenue of producing apple pies.
__ Pies_____ Total __ Marginal
produced__revenue__ revenue
_per day
0__ ── _ ──
1 _ $10 __ $10
2 _ $20 _ $10
3 _ $30 _ $10
4 _ $40 _ $10
5 _ $50 _ $10
6 _ $60 _ $10
7 _ $70 _ $10
According to the chart, the marginal revenue
❌ A) decreases by ten dollars as production increases.
❌ B) increases by ten dollars as production increases.
❌ C) falls to zero dollars as production increases.
✔️ D) remains the same as production increases.
Quiz./I Help People Like you Who Need Help. I did the if you don't like it that makes me sad : (
Answers
The graph on marginal revenue shows that marginal revenue D) remains the same as production increases.
What is marginal revenue ?The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.
According to economic theory, firms that are completely competitive keep on producing goods until marginal revenue and marginal cost are equal.
As shown in the graph, the marginal revenue was $ 10 from the first unit produced up until the 7 th unit produced. This means that the marginal revenue remained the same as production increased.
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A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
Answers
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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When interest rates are high, consumers have a greater incentive to ______ more, but when interest rates are low, consumer have a greater incentive to ______. M
a. buy; sell
b. borrow; save
c. sell; buy
d. save; borrow
Answers
When interest rates are high, then the consumers have a greater incentive to save more, but when interest rates are low, consumer have a greater incentive to borrow more.
What is Interest Rate?This refers to the charge which is given for a particular loan which is replayed after a certain time.
With this in mind, high interest rates are not appealing to customers so they rather save and then borrow when the interest rates are low.
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What is the interest on a $4,500 note payable that is due in 3 months with a rate of 9%?
Answers
The interest on $4,500 note payable that is due in 3 months with rate of 9% is $101.25.
What is note payable?A note payable refers to a written agreement between a borrower and a lender that outlines the terms of a loan. It is a promise to pay back the borrowed amount along with any interest or fees within a specified time period. Note payable is a type of liability for the borrower, and it appears on the balance sheet as a current or long-term liability, depending on the repayment period. The repayment terms can vary, including interest-only payments, equal payments, or a lump-sum payment at maturity. Note payable is commonly used for short-term loans, such as bank loans, or for long-term loans, such as mortgages. It is important to carefully review and understand the terms of the note payable before agreeing to it, as failure to meet the repayment terms can result in serious consequences.
Principal = $4,500
Rate = 9% (or 0.09 as decimal)
Time = 3/12 (or 0.25 as decimal, since 3 months is quarter of year)
Interest = Principal x Rate x Time
Interest = $4,500 x 0.09 x 0.25
Interest = $101.25
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how much would you cost to have a good night
Answers
Answer:
as much as i need
Explanation:
Which statement about Social Security is true?
A. You can increase your monthly benefit by retiring earlier than the
standard retirement age.
B. You can increase your monthly benefit by postponing when you
begin receiving benefits.
C. You can increase your monthly benefit by deferring taxes until
retirement.
t because all
D. There is no way to increase your monthly benefit because
retirees earn the same amount.
Answers
Answer: B
Explanation: Social Security retirement benefits are increased by a certain percentage for each month you delay starting your benefits beyond full retirement age.
outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
What are the advancements made in the automotive industry in 2020
Answers
Electrification
And autonomous vehucles
Type the correct answer in the box. Spell all words correctly.
Peter is planning his finances for the next couple of years. He wants to save money to eventually by a house because he will be getting married
soon. He has created a savings plan revolving around his necessary expenses, and he has set a target of three years to save up a down paymet
for a house. At which phase of the financial life cycle is Peter in?
Peter is in the
phase of the financial life cycle.
Answers
Answer: initial stage
Explanation:
The initial stage of financial life cycle is simply the first stage or the beginning phase of the financial cycle. Since he want to save so that he can get a house, thus means that he wants to accumulate asset.
Furthermore, it should be noted that the initial phase of the financial life cycle typically begin at a young age of about 25 years.
Answer:
initial stage
Explanation:
Two friends want to open a clothing consignment store. Individuals bring clothing to the consignment store and if the clothes sell, the consignment shop earns 60% and the customer receives 40% of the sale. What are the advantages of this type of business over other retail stores? Explain the advantages and disadvantages of operating this business as a sole proprietorship and a partnership
Answers
Answer:Some advantages of a consignment store are that if your your item sells both you and the business benifit. A disadvantage of a consignment store is that if the item doesnt sell the business doesnt profit and neither does the person who brought in the item. At other retail stores even if your item doesnt sell you still get the money but you dont get the item back so that could be an advantage or disadvantage.
Explanation:Some advantages of being a proprietorship and owning a consignment store is that you would get to keep all of the 60% sold of all profits.
A dsadvantage of being in a partnership and owning a consignment store would be that you would you would have to spilt the 60% with who ever you are partners with.
Which speaker is most likely to make high-risk investments?
Speaker A: I want to invest in a lot of different companies. You never know when a company is going to have a surprisingly good or bad year.
Speaker B: I invest to get as much money as I can as quickly as I can. I'm not worried about losing money at all.
Speaker C: I'm nearing retirement, so I need to make sure my investments are safe. The worst thing that could happen would be losing all of my investments right before I need them.
Speaker D: I'm concerned that investment is always risky. I prefeito hold onto my money instead of investing it in companies or banks.
A. Speaker D
B. Speaker B
C. Speaker C
D. Speaker A
Answers
Answer: Speaker A
Explanation: Just took the quiz
The speaker that is most likely to make high-risk investments is Speaker B. Hence, Option B is correct.
What are high-risk investments?A high-risk investment is one in which there is either a large percentage chance of loss of capital or underperformance—or a relatively high chance of a devastating loss. It may offer the chance of higher returns than other investments might produce, but it also puts your money at a higher risk.
It has advantages also. Some of the major advantages are: investors can earn huge returns in a very short period of time; investors are able to purchase and sell the securities with ease; investors can earn capital gains as well as dividends on their investments; and many more.
Therefore, Option B is correct.
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when business owners look at leading economic indicators, they generally are doing this to help predict what will happen over the following___
three to nine weeks
there to six years
six to nine months
three to six months
Answers
okay y'all so I'm just starting a business I make lollipops and I've been just doing this since this summer and I got everything I want but I still can't seem to find a right name for my business , so I guess what I'm asking is if anyone can give me some ideas I would love to hear what kind of names you guys come up with ? because I really don't know what to name it .
Answers
a.Company XYZ has discovered natural gas in one of their license areas. It is anticipated that around 20MM Scf /day of gas can be produced at 2400 psi wellhead pressures after the choke. from 10 wells to be drilled. The gas is rich in condensates with no H2S .The gas is to be delivered to a pipeline operating at 1300 psi, .Draw a flow chart showing all the process required to produce and transmit this gas to the pipeline. Explain in words
Answers
The discovery of natural gas by Company XYZ presents an opportunity to produce around 20MM Scf /day of gas at 2400 psi wellhead pressures after the choke from 10 wells to be drilled. The gas contains condensates and no H2S. Here is a flow chart illustrating the process required to produce and transmit this gas to the pipeline:Flowchart:Explaining the above flowchart:The process starts with drilling wells for the extraction of natural gas.
The discovery of natural gas by Company XYZ presents an opportunity to produce around 20MM Scf /day of gas at 2400 psi wellhead pressures after the choke from 10 wells to be drilled. The gas contains condensates and no H2S. Here is a flow chart illustrating the process required to produce and transmit this gas to the pipeline:Flowchart:Explaining the above flowchart:The process starts with drilling wells for the extraction of natural gas. Once drilled, the gas is produced at 2400 psi wellhead pressures after the choke, separated from the water, and dehydrated. This helps remove the moisture content that may cause problems during transmission. The gas is then passed through a demister that removes liquid droplets before it is cooled in a heat exchanger that uses water to condense the heavier hydrocarbons. This process will make the gas ready for the transmission to the pipeline.The next step is the compression of natural gas at high pressure using a gas compressor. The compressor raises the pressure of the gas to the operating pressure of the pipeline, which is 1300 psi, ready for transmission. To avoid the formation of hydrates or ice on the pipeline, a chemical injection system is used to prevent hydrate formation. The treated natural gas is then transferred into the pipeline to the desired location.This process is vital in ensuring the transportation of the natural gas is effective and efficient. The process starts with drilling wells, extracting the gas, and treating it for delivery to the pipeline. The compressed gas is then passed through a pipeline, and any hydrate formations are removed, resulting in the delivery of safe and usable natural gas to consumers. This process requires a considerable investment in infrastructure, which is vital in ensuring the safe and efficient transportation of natural gas to consumers.
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Max emailed Jacob offering to sell him a diamond ring for $400. Upon receipt of the offer, Jacob immediately emailed back, "I don’t have $400. I’ll give you $300." Max replied, "That’s not high enough." Jacob then e-mailed his acceptance agreeing to pay $400. Max refused to sell the ring to Jacob. Which of the following statements is true?
A. There is no contract
B. Jacob's first response to Max is a counteroffer
C. Both A and B are true
D. There is a contract as Max accepted Jacob's offer
Answers
Answer: The correct answer is A. There is no contract.
Explanation:
In this scenario, Max's initial offer was to sell the diamond ring for $400. Jacob's response of offering $300 is considered a counteroffer, as he proposed different terms than the original offer. Max then rejected Jacob's counteroffer by stating that it was not high enough. At this point, no agreement had been reached between the parties. Jacob's subsequent acceptance of the original offer for $400 does not form a contract because Max had already refused to sell the ring to Jacob. Therefore, there is no contract between Max and Jacob
What does the stock market drive companies to do?
Answers
Answer:
It drives companies to push themselves to increase their market value, and make sure all the companies news is relevant and important.
Explanation:
The stock market is an online exchange where prices are put together and people make different trades. The stock market drives them to increase their earnings and ultimately the price per share of their stock.
Match the different account heads to the two aspects of business.
Answers
Answer:
See below
Explanation:
Match Source A
The business owns:
Are assets that belong to the business.
investments
intangible assets
Property, Plant, and Equipment
Current assets
Match source B
Match owes :
Refer to the liabilities of the business. They belong to others.
loans
payable
1. From each paycheck of your afterschool job, you're able to save $45 toward the coat. You get paid twice a
month. How many months will it take you to save enough money to buy your North Face jacket?Using this strategy, how will inflation impact your ability to buy the jacket?
Answers
Answer:
1. 4 months.
2. Makes jacket more expensive
Explanation:
You get paid twice a month which means that you can save:
= 45 * 2
= $90 per month
The jacket is $350 so it will take:
= 350/90
= 3.88
= 4 months to afford it.
4 * 90 = $360
Assuming there is inflation in those 4 months, it will make the price of the jacket rise and if the inflation rate is such that the price rises past $360, you will be unable to afford the jacket at that point in time and will have to wait to be paid again.
Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. As you close your weekly meeting with Deborah, she says, "There are some very good ideas here. I would like to see you continue with a global marketing plan. We need more concrete analysis and data for the presentation. Get your team to work." After your meeting with Deborah, you briefly meet with your team to discuss moving toward a more formal analysis. "Tiffany and Mike, we need to provide a more detailed analysis," you explain. "You’ve done a great job so far looking at what resources we need and potential countries, but we need to really dig deeper on this." Tiffany nods her head in agreement. "Definitely," she says. "We need to look at some internal variables as well as political, environmental, sociocultural, and technological environments of the countries that we are considering." Mike interjects, "Well, that’s something we should consider, but it’s not the only way to analyze this type of project. This is such a big decision, and we need to give as much information as we can." You reply, "Great point, Mike. We should look at this from a couple of different angles." The next step in your strategic marketing plan is to determine the tools that are needed to conduct an analysis of the industry and competitors. Complete the following: What are two analysis tools that could be used in this situation? Why do you think these are the best ways to analyze the market? How will you use these tools in your plan?
Answers
In the given scenario, the team is tasked with conducting a detailed analysis of the industry and competitors as part of their global marketing plan.
To accomplish this, they need to determine the most effective analysis tools. Two analysis tools that could be used in this situation are SWOT analysis and Porter's Five Forces analysis.
1. SWOT Analysis: SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. This analysis tool helps in assessing the internal strengths and weaknesses of the company, as well as the external opportunities and threats in the market.
SWOT analysis is an effective way to analyze the market because it allows the team to evaluate the internal capabilities of the company, such as its resources, expertise, and brand reputation, which can contribute to its competitive advantage.
In the plan, the team can use SWOT analysis to identify and leverage the company's strengths to capitalize on market opportunities.
2. Porter's Five Forces Analysis: Porter's Five Forces is a framework that examines the competitive dynamics within an industry. It analyzes five key forces that shape the competitive environment: competitive rivalry, supplier power, buyer power, threat of substitutes, and threat of new entrants.
Porter's Five Forces analysis is valuable in analyzing the market because it helps the team assess the intensity of competition and the factors that influence profitability.
In the plan, the team can use Porter's Five Forces analysis to understand the competitive forces at play and determine the company's competitive advantage or areas where it may be vulnerable.
The team should then apply the SWOT analysis and Porter's Five Forces framework to evaluate the market dynamics, identify opportunities and threats, and develop strategies that align with the company's goals and capabilities.
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Which type of investment best completes the diagram? ? Lowest risk of losing money A. Diversified investment B. Low-risk investment C. High-risk investment D. Certified investment
Answers
The correct option is B. Low-risk investment results lowest risk of losing money which best completes the diagram. The least risky investing options include cash deposits, bonds, and money market accounts.
Why an Investment at low risk?There is also little to gain in terms of possible returns or longer-term benefits. Low-risk investment entails making sure that no losses might be disastrous as well as safeguarding against the possibility of any losses.
Low risk investments are by definition safer than comparable ones. In comparison to options, stocks carry less risk. The right is the predetermined ability to acquire or sell an item at a predetermined price on a specific date. Bonds, read on.
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