___________ is a systematic and organized approach that allows management to focus on achievable goals and to attain the best possible results from available resources.
Answers
The approach you are referring to is known as strategic management. Strategic management is a process that involves the formulation, implementation, and evaluation of organizational goals and objectives.
It is a systematic and organized approach that enables management to allocate resources efficiently and effectively to achieve the desired outcomes.
Strategic management involves analyzing the internal and external environment to identify strengths, weaknesses, opportunities, and threats (SWOT analysis). Based on the findings, management formulates a strategy that aligns with the organization's mission and vision. The strategy outlines the actions required to achieve the set goals and objectives, including resource allocation, decision-making, and performance evaluation.
Effective strategic management enables organizations to achieve their desired outcomes, increase profitability, and sustain competitive advantage in the marketplace. It also helps in managing risks and uncertainties that may affect the organization's success. In conclusion, strategic management is a vital process that enables organizations to focus on achievable goals and attain the best possible results from available resources.
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Related Questions
How long is most information retained on a credit report?.
Answers
Answer:
So, in general, most items reported to the credit bureaus fall off between two and ten years after they’re first reported.
Explanation:
Hope this helps you!!!
The following balances were taken from the books of Blue Corp. on December 31, 2020. Interest revenue $88,050 Accumulated depreciation—equipment $42,050 Cash 53,050 Accumulated depreciation—buildings 30,050 Sales revenue 1,382,050 Notes receivable 157,050 Accounts receivable 152,050 Selling expenses 196,050 Prepaid insurance 22,050 Accounts payable 172,050 Sales returns and allowances 152,050 Bonds payable 102,050 Allowance for doubtful accounts 9,050 Administrative and general expenses 99,050 Sales discounts 47,050 Accrued liabilities 34,050 Land 102,050 Interest expense 62,050 Equipment 202,050 Notes payable 102,050 Buildings 142,050 Loss from earthquake damage 152,050 Cost of goods sold 623,050 Common stock 502,050 Retained earnings 23,050 Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year.
Answers
The effective tax rate on all items is 20%, so the provision for income taxes is calculated by multiplying the income before taxes by 20%.
The multiple-step income statement shows the net profit of a company in a particular financial year. It contains multiple levels of details and calculations which help investors and stakeholders to evaluate a company's performance.
It is called a multiple-step income statement because it presents a detailed report of a company's operations that usually involves the preparation of various subtotals of revenue, cost of goods sold, and expense categories.
A given income statement shows the following: Net sales COGS Gross margin Operating expenses, which are further divided into selling expenses and general and administrative expenses Operating income Non-operating items (such as interest income or gains and losses on the sale of assets) Income before taxes Provision for income taxes Net income or loss A multiple-step income statement for Blue Corp for the year 2020 is shown below: Blue Corp Multiple-Step Income Statement For the Year Ended December 31, 2020 Sales Revenue $1,382,050 Less: Sales Returns and Allowances ($152,050) Sales Discounts ($47,050)Net Sales $1,183,950Cost of Goods Sold Beginning Inventory $0Add: Purchases $623,050Goods Available for Sale $623,050 Less: Ending Inventory ($0)Cost of Goods Sold $623,050Gross Profit $560,900Operating Expenses: Selling Expenses $196,050General and Administrative Expenses $99,050 Total Operating Expenses $295,100Operating Income $265,800Non-operating Items: Interest Revenue $88,050Interest Expense ($62,050) Total Non-operating Items $26,000Income Before Taxes $291,800Provision for Income Taxes ($58,360) Net Income $233,440 Earnings per Share $2.33 ($233,440 ÷ 100,000 shares)Note: The effective tax rate on all items is 20%, so the provision for income taxes is calculated by multiplying the income before taxes by 20%.
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Have a great day everybody
Answers
Answer:
Thanks. Have a great day!
Explanation:
You deserve to.
Answer:
i will thank you and you too :)
Explanation:
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
Phil and Jake are 16 and 14 years old respectively, $9150 isshared between them in the ratio of their age , how much does Phil get?
Answers
age ratio => Phil : Jake
16 : 14
( 16+14 = 30 ) units = $9150
1 unit = $9150 ÷ 30
16 units = ( 9150 ÷ 30 ) × 16
= $ 4880
Therefore, Phil gets $4880
list three key features of a business planning process and that are relevent to researching and reviewing
Answers
Three key features of a business planning process that are relevant to researching and reviewing include Market Research and Analysis, Financial Forecasting and Analysis, and SWOT Analysis.
These three key features—market research and analysis, financial forecasting and analysis, and SWOT analysis—provide a strong foundation for researching and reviewing a business planning process. They help in gathering relevant information, evaluating the financial viability, understanding the market dynamics, and assessing the internal and external factors that can influence the business's success.
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A company is considering a 5.year project to expand production with the purchase of a new automated machine using the latest technology. The new machine would cost 5190,000 FOB 5 t. Louis, with a shipping cost of $5,000 to the plant location, installation expenses of 510,000 would also be required. This new machine would be classified as 7-year property for MACRS depreciation purposes. The project engineers anticipate that this equipment could be sold for salvage for $38,000 at the end of the project. If the corporate tax rate is 25%. what is the after tax salvage cash flow for this new machine at the end of the project? (Answer to the nearest dollar.) MACRS percentages for depreciation each year are as follows:
Answers
The salvage value of the machine is $38,000. To determine the tax implications, we need to calculate the depreciation expense for each year using the MACRS percentages.
Year 1 depreciation expense: $195,000 * 20.00% = $39,000
Year 2 depreciation expense: $195,000 * 32.00% = $62,400
Year 3 depreciation expense: $195,000 * 19.20% = $37,440
Year 4 depreciation expense: $195,000 * 11.52% = $21,264
Year 5 depreciation expense: $195,000 * 11.52% = $21,264
Year 6 depreciation expense: $195,000 * 5.76% = $11,232
To calculate the tax savings from depreciation, we multiply each year's depreciation expense by the tax rate of 25%:
Year 1 tax savings: $39,000 * 25% = $9,750
Year 2 tax savings: $62,400 * 25% = $15,600
Year 3 tax savings: $37,440 * 25% = $9,360
Year 4 tax savings: $21,264 * 25% = $5,316
Year 5 tax savings: $21,264 * 25% = $5,316
Year 6 tax savings: $11,232 * 25% = $2,808
The after-tax salvage cash flow is calculated by adding the salvage value to the total tax savings:
After-tax salvage cash flow = Salvage value + Total tax savings
After-tax salvage cash flow = $38,000 + ($9,750 + $15,600 + $9,360 + $5,316 + $5,316 + $2,808)
After-tax salvage cash flow = $38,000 + $48,150
After-tax salvage cash flow = $86,150
Therefore, the after-tax salvage cash flow for the new machine at the end of the project is $86,150.
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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
Answers
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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Advantages of using social media for a business (in terms of customer service)
Answers
P.s. if it’s a case study, make sure to apply :)
individuals in different segments should have ______ within the segment and ______ across the segments.
Answers
Answer:
similarities; differences Is correct answer
Explanation:
individuals in different segments should have similarities within the segment and differences across the segments.
(Hope this helps can I pls have brainlist (crown)☺️)
what is office proceducer and accouting
Answers
The administrative department handles management activities that affect the entire organization. The accounting department keeps the financial records of the business and prepares reports that help the business to make financial decisions.
Hope it helps...what event caused the us to shift its focus from foreign expansion and markets to domestic affairs by the 1860s?
Answers
The Civil War and Reconstruction aused the us to shift its focus from foreign expansion and markets to domestic affairs by the 1860s.
Reconstruction is the time period (1865–1877) that followed the American Civil War, during which efforts were made to address the injustices of slavery and its political, social, and economic legacies as well as to find solutions to the issues brought on by the readmission to the Union of the 11 states that had seceded at or before the war's outbreak. Reconstruction was once widely perceived by historians as a period when vengeful Radical Republicans imposed Black supremacy on the victorious Confederacy, but since the late 20th century, this perception has changed to one that more favourably portrays it as a laudable example of interracial democracy. America's political landscape underwent significant shifts during reconstruction.
The federal government's structure and the meaning of citizenship in America were permanently transformed at the national level by new laws and constitutional amendments. The Republican Party came to power in the South with the help of a politically active Black population and white supporters, which led to a redefining of the roles of government.
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What are two questions that a purchasing specialist should ask when evaluating supplier performance?.
Answers
The two questions that a purchasing specialist should ask when evaluating supplier performance are:
does the supplier supply quality productsdoes the supplier's supply arrives as agreed etc.What is the meaning of supplier performance?A supplier performance, which can be called a supplier quality, means the supplier's ability to deliver goods or services that will satisfy the customers' needs.
Most time, the purchasing specialist will need to evaluate the supplier performance in order to determine whether he/she should use the supplier again.
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Pls help will mark brainleist
Answers
Answer:
D Values
Explanation:
Let's say that the economy consists of 100 people. Each person is to divide 1 unit of time between work and leisure given the wage rate w (paid on the labor market). Each person also receives dividends of T. The final total profit of this firm is n. The person's utility function depends on consumption c and leisure I and it is assumed to satisfy u(c, l) = 0 ln(c) + (1 - 0) ln(l), where 0 € (0, 1). On the flip side of the market, there are firms who hire workers and produce output. The representative firm operates with a Cobb-Douglas production technology Y = 2K ¹N ², Z = total factory productivity K = fixed amount of capital. Each of these firm's employees receive a wage of w (total labor cost of the firm is equal to wN). The profit is then given back equally to the shareholder as dividend income. G=0 0=3,2=1, K = 1600. Let's say initially 1. Write the equation that will show relation between each person's dividend income and firms total profit П. 2. Write the consumers budge constraint and maximization problem. Plot these 3. Write down the maximization problem of the firm. 4. Write down the government budget constraint. 5. Find the equilibrium price w, allocations c, N
Answers
The equation T = П / 100 relates each person's dividend income (T) to the firm's total profit (П), distributing profit equally among the 100 individuals.
The consumer's budget constraint, c + w - T = 1, constrains consumption (c), wage income (w), and dividend income (T), while the maximization problem aims to optimize utility subject to the budget constraint. Firm maximization problem and equilibrium price w are not provided.
The equation T = П / 100 represents the relationship between each person's dividend income (T) and the firm's total profit (П). Since there are 100 people in the economy, the total profit is divided equally among them, resulting in each person's dividend income being equal to the total profit divided by 100.
The consumer's budget constraint, c + w - T = 1, defines the limitations on the individual's consumption (c), wage income (w), and dividend income (T). It states that the sum of consumption, wage income, and dividend income should equal 1 unit of time available to each individual, indicating that all income must be allocated between consumption, leisure, and other expenses.
The consumer's maximization problem involves maximizing the utility function u(c, l) = 0 ln(c) + (1 - 0) ln(l), where c represents consumption and l represents leisure. The objective is to find the combination of consumption and leisure that maximizes the individual's utility, subject to the budget constraint. By solving this problem, the optimal levels of consumption and leisure can be determined.
The information provided does not include the maximization problem of the firm, which would involve determining the optimal combination of inputs (capital and labor) to maximize output or profit based on the Cobb-Douglas production technology given.
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What was the most important message that BTS taught you personally?
I think it was definitely to be more confident in myself and not care about what people think. I think the song that I loved the most was 21st century girl, it really boosted my love and admiration for myself as a girl, in a society (where I live )where we aren’t considered much. Words like “you’re worth it” really stuck with me. So to sum it up , they taught me to love myself for who I was, to stand up for what I think is right and not care about what people think of me, or the fact that they don’t think much of me because I’m girl, lol.
(What about you ARMY)
Answers
I remember being really shy and I kept everything to myself, but BTS taught me to open up more and love myself and believe in what I can do, as well as not let people bring me down with just words, that is why I like listening to songs like MIC Drop, Not Today, and ON
Which of the following sets is most important to consider when choosing a career?
(A) needs and demographics
(B) hobbies and friends
(C) diversity and interests
(D) personal values and work values
Answers
The sets that is most important to consider when choosing a career is (C) diversity and interests.
What is a career ?Career can be described as the occupation that ios been undertaken for a significant period whgich one can focus on, through ouut hios or her life with opportunities for progress.
It should be noted that when choosing ba career one should be able to seek for the things that interest you about tyhe field because ythis will help you when the journey is getting tough because to get to the peak of the career can not be seen as one that ios easy.
Therefore, option C is correct.
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HELP QUICK PLEASE!!!!! William is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make enough money for retirement. Which investment option would best meet William’s needs?
a US savings bond
a savings account
a commodity
a certificate of deposit
Answers
how can you motivate the analysts to ensure accurate and timely reporting?
Answers
We can motivate analyst by creating a culture of accuracy and timeliness in reporting requires a commitment to clear expectations, providing resources and support, creating a supportive work environment, and promoting transparency and accountability.
First, it is essential to establish clear expectations and goals for reporting accuracy and timeliness. These goals should be communicated clearly to analysts and linked to their job performance. This can be achieved by setting targets for reporting accuracy and timeliness and measuring performance against these targets.
Second, providing analysts with the necessary tools and resources can help motivate them to ensure accurate and timely reporting. This includes investing in training programs and technology tools that can help streamline reporting processes and reduce errors.
Third, creating a supportive work environment can help motivate analysts to achieve reporting accuracy and timeliness. This includes providing regular feedback, recognition, and rewards for outstanding performance. Encouraging collaboration and communication between analysts can also foster a culture of accuracy and timeliness.
Fourth, promoting transparency and accountability can help motivate analysts to ensure accurate and timely reporting. This includes creating a system for reporting errors and encouraging analysts to take responsibility for their work.
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If demand increases and supply remains constant
Answers
Answer:
The product would sell for more
how important is it for top managers to pay a visit to a market or site before making a final decision?
Answers
Very important. Field tours are typically used to completely analyze any difficulties that remain so that, in the event that a certain market or site is chosen, the conditions of any agreement are clearly understood.
Top management is made up of those who control an organization's resources, authority, and ability to make decisions. They also have control over how the organization changes.
Those in top management are those who "direct and oversee an organization at its highest level." Furthermore, it says that "top management has the ability to provide authority and allocate funds throughout the business."
A top-level manager is an executive-level professional who is in charge of developing and carrying out organizational plans and policies. They serve as the middleman in negotiations between upper- and lower-level managers. These experts could assist in directing an organization's overall course.
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Which stage in the product life cycle often sees a business spending a lot of
money on advertising?
A. Introduction
B. Maturity
C. Decline
D. Growth
Answers
Answer:
INTRODUCTION
option A
Explanation:
A corporate bond pays interest on a J/J 15 schedule. An investor purchasing these bonds on Friday, April 17, would pay accrued interest for A) 95 days. B) 92 days. C) 91 days. D) 96 days.
Answers
The corporate bond, which pays interest on a J/J 15 schedule, means that the investor purchasing the bonds on Friday, April 17, would pay accrued interest for D) 96 days.
Each month of a corporate bond contains 30 days. If the corporate bond is for three months, then six additional days are given, making it a total of 96 days (30 x 3 (+ 6 days).
Thus, the investor's accrued interest would be for 96 days.
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Ok ok ok I know posted another idea ready for feedback earlier but here's another one.
A bookstore where the different genres are actually themed. So nonfiction would be the main room and to a newcomer, it would be the only thing they saw but if they were to ask where the mystery books were the clerk/employee (this employee would have a very unassuming generic uniform so they don't stand out) would hand them their first clue (all sneaky-like) to find the hidden door to the mystery section! (There would be 3 doors to the room and every month or so the clues and door that is unlocked/can be used to access the mystery room would be changed). The mystery section would be themed kinda like sherlock holmesy, all old stuff and things that would look like clues ("blood" stains, broken lamps, magnifying glasses, books open on the desk et cetera). The fantasy section door would be accessed by pulling a large tasseled cord which would trigger a large bell to ring and the door would pop open close to them. This room would have large "trees" in each corner that have the traits of each season with different ornate lamps hanging from the boughs along with different iconic items from famous fantasy books. To get to the sci-fi section there would just be a LARGE red button with no markers that a person could press to enter the "control deck". After they press the button the doors would slide open and the room would be bathed in red light with a voice playing over the loudspeaker giving the button pusher urgent instructions to save the spaceship from disaster (which would be different on specific days of the week). The inside would look like a spaceship "control deck" with a control panel consisting of different buttons and switches that must be activated in accordance with the voice over the loudspeaker (the buttons and switches would also make sound). An employee would be in a backroom controlling the lights in the whole building (all the lights would turn off if the button pusher failed to press the right buttons in the right order in time) if they do succeed the employee would come out, congratulate them, and see if they need any help finding anything. If they fail they would come out and push a couple of buttons so that the lights 'come back on' (the lights would be on a 10-15 sec timer or something and turn on on their own). The dystopian fiction section is underneath the fantasy section and has a steampunk theme. It is accessed by a trapdoor in the floor. The horror section would be accessed by pulling a random skull lever in the main room which would give the client a skull key with a tag that has an eerie rhyme telling the client where to find the door. The door would look ornate and creepy and it would have a dead-looking 'tree' (not a real tree there will be various plants to give the building life but yeah not this one) with an animatronic crow or two on it occasionally crowing. The clerk at the cash register would automatically ask for the key when they check out. Example: "Did you visit the horror room today? Yes? Okay, kindly return the key of Hades. Thank you. Have a nice day!" Or something like that with an equally creepy or creepier name for the key.
Okay, that's all I have for now but answer with your feedback and ideas for other room genres if you have them! Thanks so much!
Answers
uygiguhju;oiuhkjhli7;ihu;ouh;oiujh;oiuh;oiu'jouuoiyuoij'ypoij
I would love this yes BEST OUT OF THIS WORLD IDEA I would die to ever see something like that u could do like LED lights and with cotton on them they would look like clouds AMAZING
View Policies Current Attempt in Progress Sandhill Inc. is considering Plan 1 that is estimated to have sales of $39,200 and costs of $15,190. The company currently has sales of $36,260 and costs of $13,720. Compare plans using incremental analysis. If Plan 1 is selected, there would be incremental in?
Answers
If Plan 1 is selected, there would be incremental income of $2,290.
To compare the two plans using incremental analysis, we need to calculate the difference in income between the two plans. Incremental income represents the change in income that would result from selecting Plan 1 over the current plan.
Sales for Plan 1: $39,200
Costs for Plan 1: $15,190
Sales for the current plan: $36,260
Costs for the current plan: $13,720
Incremental income = (Sales for Plan 1 - Costs for Plan 1) - (Sales for the current plan - Costs for the current plan)
= ($39,200 - $15,190) - ($36,260 - $13,720)
= $24,010 - $22,540
= $2,290
Therefore, if Plan 1 is selected, there would be incremental income of $2,290
Based on incremental analysis, selecting Plan 1 would result in an incremental income of $2,290 compared to the current plan. This indicates that Plan 1 is expected to generate additional income for Sandhill Inc.
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Michael works as a financial advisor in a doctors office. The two organizations that Michael most likely belongs to are the..
A. AFP and AMA
B. AFP and ACS
C. AMA and AIA
D. AIA and ACS
Answers
Michael works as a financial advisor in a health practitioner's office. the 2 agencies that Michael maximum possibly belongs to are the: A. AFP and AMA
A monetary adviser or financial advisor is a professional who offers economic services to clients based totally on their monetary state of affairs. In many nations, financial advisors should whole precise education and are registered with a regulatory body in an effort to provide advice.
A financial advisor is a professional who's paid to offer financial recommendations to customers. simply as you would hire an architect to create a plan for your house, you hire a financial marketing consultant to create a plan for your budget. it is all about paying a person for the know-how you need to reach unique goals.
A monetary guide will now not simplest set you up financially. they could help make choices on the most important existence adjustments like how tons maternity go away can you have the funds to take while having a child. They also can help maintain you on target financially while lifestyles throw you curve balls which include redundancy.
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Is profit the same as cash flow?
Answers
Answer:
No
Explanation:
Cash flow refers to the money that flows in and out of your business. It's income and expenses.
Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.
charlotte can produce pork and beans and can switch between producing them at a constant rate. if it takes charlotte 10 hours to produce a pound of pork and 5 hours to produce a pound of beans, what is charlotte's opportunity cost of pork and what is opportunity cost of beans?
Answers
Pork and beans can be produced in Charlotte. Pork has an opportunity cost of 10 pounds of beans divided by 5 equals 2 pounds of beans. 5 pounds of pork, 10 pounds of pork, or 1/2 pound of pork, is the opportunity cost of beans.
The demand for pork drives the demand for market hogs. Retailers create a wholesale demand plan for pork by subtracting an amount from the anticipated pork demand schedule that will cover their expenditures and generate a profit.
2020 saw the COVID-19 have an impact on the pork market. Neither state farms nor small-scale farmers can increase their output. Pork production did not increase and but decreased for the year by 1.42 million tonnes when compared to 2019. The demand for meat eventually exceeds the supply of pork.
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Calculate the latest start for Task B if its predecessor, Task A, finishes on day 3, its succeeding activity, Task E, has a latest start of day 7, and the duration of Task B is 2 days. Select one: a. day 7 b. day 5 c. Cannot be calculated based upon information given. d. day 3
Answers
Answer:
Day 5
Explanation:
Calculation of the latest start
Using this formula
Latest start = Activity's latest finish time-Activity's estimated duration
Where,
Latest Finish time= Day 7
Estimated Duration= 2 days
Let plug in the formula
Latest start= Day 7- 2 days
Latest start = Day 5
Therefore the latest start for Task B will be Day 5
Need help ASAP please answer this
Answers
The sum of the bank's total amount of liabilities and net worth is $5002 million.
How to calculate the values?The sum of the bank's total amount of liabilities and net worth will be:
= Total reserves + Loans + Securities + Other assets.
= 268 + 3653 + 949 + 132
= $5002 million
The additional amount of loans that the bank can make to household and firm is $8 million. This is simply the value of the excess reserve.
The current quantity of transaction deposits at the bank will be:
(Total reserve - Excess reserve) = Transactions deposit × Reserved ratio
(268 - 8) = Transaction deposit × 10%
260 = Transaction deposit × 10%
Transactions deposit = 260/10%
Transaction deposit = $2600 million = $2.6 billion
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