Answer: False
Practices and procedures are tools which are helping in the management of time over the more extended period
false. Practices and procedures are tools which are helping in the management of time over the more extended period Practices and procedures are instruments.
for managing processes and activities so that they are carried out consistently and successfully across time, rather than only in the near term. In the near term, they can assist to save time and enhance efficiency, but their major goal is to promote long-term operational stability and success. Practices and procedures are tools used to manage time in the short term procedures are tools which are helping in the management of time over the more extended period Practices and procedures are instruments for managing processes and activities so that they are carried out consistently and successfully across time, rather than only in the near term. In the near term.
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when the economy produces at an inefficient quantity due to a price ceiling or price floor, there will be a deadweight loss. t/f
It is a true statement that when the economy produces at an inefficient quantity due to a price ceiling or price floor, there will be a deadweight loss.
What causes deadweight loss in an economy?A deadweight loss occurs when supply and demand are out of balance, resulting in market inefficiency. Deadweight losses result primarily from inefficient resource allocation caused by various interventions such as price ceilings, price floors, monopolies, and taxes.
These factors cause a product's price to be inaccurately reflected, resulting in goods that are either overpriced or underpriced. If a product's price is not accurately reflected, it causes changes in consumer and producer behavior, which usually has a negative impact on the economy.
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What type of markup language is this?Inv_Nbr>102304Inv_Name>FilterMultiple ChoiceHTMLXMLDFFJSON
Inv_Nbr>102304Inv_Name>Filter is the type of XML markup language, which is built using a drag-and-drop interface.
In order to govern a text document's layout, style, or relationships between its sections, a text-encoding system called markup language is used. Markup is frequently used to modify how a text is displayed or to enhance its data to speed up analyse data.
With regard to the View classes and subclasses, like those used for widgets and layouts, Android offers a simple XML vocabulary. The drag-and-drop interface of the Layout Editor in Android Studio may also be used to create your XML layout. Create layout components dynamically.
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What is meant by randomization in the context of an economic experiment?
In an economic experiment, randomization refers to the practise of randomly allocating participants or subjects to various treatment groups in order to remove any bias from the experiment's results.
In an economic experiment, random assignment of people or groups to various treatment conditions is referred to as randomization. By using this strategy, it is possible to prevent any prior disparities between the treatment and control groups from influencing the outcomes. By removing any potential confounding factors, randomization aids in the establishment of causation. In other words, by ensuring that any observed differences between the treatment and control groups are caused by the therapy itself, rather than any other factors that may be present, it helps to limit the likelihood of misleading correlations. Researchers can reduce the possibility of systematic disparities between the groups and improve the reliability of the findings by randomising the assignment.
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what asset will most likely have sunk cost? question options: airplane auto repair equipment refrigerator highway administrative building
An asset that is most likely to have sunk costs is an airplane i.e. Option 1. Sunk costs refer to costs that have already been incurred and cannot be recovered.
In the case of an airplane, sunk costs would include costs such as research and development, design and engineering, production and manufacturing, and delivery. These costs would have already been incurred and would not be recoverable, even if the airplane is sold or otherwise disposed of. The other options listed - auto repair equipment, refrigerator, highway, and administrative building - could also potentially have sunk costs, depending on their specific circumstances.
A sunk cost is cash that has previously been spent and can't be recuperated. In business, the saying that one needs to "burn through cash to bring in cash" is reflected in the peculiarity of the sunk expense. A sunk expense contrasts from future costs that a business might confront, for example, choices about stock buy expenses or item estimating. Sunk costs are rejected from future business choices since they will continue as before no matter what the result of a choice.
Sunk costs are as opposed to applicable expenses, which are future costs that presently can't seem to be brought about.
The sunk expense error is a mental obstruction that binds individuals to ineffective undertakings basically in light of the fact that they've committed assets to it.
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how many people are involved in the organizational buying process as compared to the consumer buying process?
The organizational purchasing process involves more people than the consumer purchasing process.
What is the organizational purchasing process?
Organizational buyers come in many forms. Resellers are wholesalers or retailers who buy from one organization and resell to others. Large food chains, for example, sometimes buy products directly from the producer and sell them on to end consumers. The decision-making process by which organizations determine their needs for products and services is referred to as organizational purchasing. Consumers of organizations include manufacturers, wholesalers, retailers, and government and other not-for-profit entities. Within an organization, these inputs and outputs can be as diverse as materials, information, and people.
Typical examples of processes are new product development, order fulfillment and customer service; Less obvious but equally valid candidates are resource allocation and decision making.
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1. what global factors have contributed to the growth of the transportation and logistics industry?
Several global factors have contributed to the growth of the transportation and logistics industry, including the increase in international trade, e-commerce, and globalization.
The rise of e-commerce has led to a growing demand for efficient and cost-effective delivery and logistics services. The growth of global trade and globalization has also led to an increase in the demand for transportation and logistics services as goods are moved across borders.
Additionally, advancements in technology, such as the Internet of Things (IoT) and big data, have also improved the efficiency and effectiveness of transportation and logistics operations, leading to further growth in the industry.
Overall, these global factors have driven the growth of the transportation and logistics industry and will continue to shape its future.
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compared with higher inflation rates, a lower inflation rate will the after-tax real interest rate when the government taxes nominal interest income. this tends to
When the government taxes nominal interest income, lower inflation rates will result in greater after-tax real interest rates than higher inflation rates.
What takes place when interest rates are higher than inflation?This has the tendency to promote saving, which raises investment levels and accelerates the economy's long-term growth rate. An investor is in the negative if inflation is higher than the interest rate on a savings or checking account.
The most widely used method of measuring inflation in the United States is the Consumer Price Index (CPI). In general, a policy reaction to rising inflation involves raising interest rates. Conversely, central banks may reduce interest rates to boost the economy if inflation is decreasing and economic growth is declining.
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an unmarried couple who lives together and receives economic and non-economic benefits is part of a(n) .
A cohabiting relationship is one where an unmarried couple lives together and benefits financially and socially.
What are the benefits of cohabitation?
Cohabitation offers numerous benefits to those who choose to pursue it. It can provide companionship, a greater sense of security, and the opportunity to share costs. It also allows for shared responsibilities, such as grocery shopping, housework, and taking care of pets. Additionally, cohabitation gives people the chance to build a strong, lasting relationship without the commitment of marriage. It can also provide a safe space to explore a potential marriage partner and/or strengthen existing relationships.
Finally, cohabitation can serve as a stepping stone to marriage if the couple finds they are compatible and ready to take the next step.
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Whole Foods Case Questions 1. How would you describe Whole Food's Strategy? Has it been successful? What evidence would you offer to support your position? Prepare a competitor analysis: Be sure to define the industry and identify Whole Foods competitors. Discuss the how attractive Whole Foods' competitive position is and whether it is sustainable 2. Evaluate Whole Foods' past operating and financial performance using ratios from Exhibits 4 and 7 3. Assess the base case forecast for 2014 and 2015 provided in Exhibit 7 in the context of the othe information provided in the case. Do you think the forecasts fairly represent Whole Foods financial prospects over the next two years? Explain why or why not. 4. To date, Short's research report recommends that Whole Foods is under-valued in the market and is a "buy." Do think Whole Foods should be a "buy" as well? Back up your analysis with a multiples based valuation of Whole Foods. (The case provides comparable EBITDA multiple information, which is discussed in Chapter 9 of the textbook.)
Whole Foods is a premium grocery retailer with a focus on organic and natural products.
Its strategy has been successful in appealing to health-conscious consumers, but competition from traditional grocery stores and discount retailers has increased. A competitor analysis, financial performance evaluation, and multiples-based valuation are needed to determine whether Whole Foods is a good investment opportunity.
Whole Foods is a premium grocery retailer with a focus on organic and natural products. Its strategy has been successful in appealing to health-conscious consumers, but competition from traditional grocery stores and discount retailers has increased in recent years.
To determine whether Whole Foods is a good investment opportunity, a competitor analysis is needed to understand the market and identify its competitors. Financial performance evaluation, using ratios from Exhibits 4 and 7, is also necessary to assess its past operating and financial performance.
In addition, the base case forecast for 2014 and 2015 must be evaluated to determine the company's financial prospects over the next two years.
Finally, a multiples-based valuation, using comparable EBITDA multiple information, is needed to determine whether Whole Foods is under-valued in the market and if it should be considered a "buy."
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you try to borrow a fellow student's textbook, but he refuses and says that the book is his intellectual property. is it?
Yes, a student's textbook is his intellectual property.
Intellectual property is any original creation of the mind, such as a book, invention, song, painting, or program. It is the exclusive right to use and reproduce a creative work or invention. In the case of a textbook, the student is the creator and the owner of the intellectual property.
Unless the student has given permission for the book to be borrowed, it is not allowed. The student has the right to not lend out the textbook as it is their property.
It is also important to note that the student may have copyright protection for the textbook, which means that if the book is reproduced, it would be a violation of their intellectual property rights.
Copyright laws are in place to protect creators from having their work stolen or misused. Intellectual property rights allow creators to benefit from their work and to be compensated for it. Therefore, in this case, the student's textbook is his intellectual property, and he is within his rights to refuse to lend it out.
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What will be used to develop data information about a system?Legacy systemUser requirementsAuthoritative source of truthSystem Architecture Views
The used to develop data information about a system is Authoritative source of truth.
Data would be a discrete unit made up of basic components without a defined meaning. Information is a collection of facts with a logical significance when taken as a whole. Information is not a prerequisite for data. Data are dependent on data.
Information seems to be, in essence, the outcome of the analysis and interpretation of data. Information is the interpretation of those pieces of knowledge, whereas data is the particular figures, numbers, or graphs. An example of such a set of data might be temperature readings taken over a period of time in a specific place.
Therefore, the correct answer will be option (c)
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Alan is single and 71 years old.
Alan worked as a greeter at the local department store and earned wages of $6,000.
Alan also received Social Security benefits of $14,500. He received a taxablepension of $11,700.
He retired from his previous job on October 30, 2019. During his career he contributed pretax dollars to a qualified 401(k) retirement plan through his employer.
Alan cannot be claimed as a dependent by another taxpayer.
Alan is a U.S. citizen with a valid Social Security number.
Alan cannot claim the Earned Income Tax Credit because his age is more than the
age limit. True/False
True, Alan cannot claim the Earned Income Tax Credit because his age is more than the age limit.
The Earned Income Tax Credit is a tax credit for low- to moderate-income taxpayers who have earned income from wages, self-employment, or farming. To be eligible for the credit, the taxpayer must be under a certain age limit, which is typically 65 or older. As Alan is 71 years old, he would not be eligible for the credit. The Earned Income Tax Credit (EITC) is a tax credit for low- to moderate-income taxpayers who have earned income from wages, self-employment, or farming. The credit is designed to help working individuals and families by reducing the amount of tax they owe and potentially increasing their refund. To be eligible for the credit, the taxpayer must have earned income within certain limits, have a valid Social Security number, and meet certain other eligibility requirements. The credit is based on the taxpayer's income and family size, and the amount of the credit can change each year based on inflation. Eligibility for the EITC is determined annually by the IRS.
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when the fifo inventory method is used during periods of rising prices, a perpetual inventory system results in an ending inventory cost that is
A perpetual inventory system produces an ending inventory cost that is the same as in a periodic inventory system when the fifo inventory method is applied during periods of rising prices.
What is a periodic inventory system?In a periodic inventory system, the net cost of items acquired is added to the beginning inventory and the ending inventory is subtracted to arrive at the cost of products sold at the conclusion of an accounting period.
What are the benefits of a periodic inventory system?The periodic inventory method does have the advantage of removing the need for separate accounting for inventory of raw materials, work-in-progress, and finished goods. The only thing that is noted are purchases.
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Which of these is NOT considered to be a nonforfeiture option in a whole life insurance policy?
Interest only
Reduced paid-up insurance
Extended term insurance
Cash surrender
Interest only is not considered to be a nonforfeiture option in a whole life insurance policy. Nonforfeiture options include Reduced paid-up insurance, Extended term insurance, and Cash surrender.
What is nonforfeiture?
Benefits that the insured receives when the policy expires due to nonpayment of premiums are known as nonforfeiture values in whole life insurance plans. These benefits typically come in the form of cash surrender value or a sum of paid-up term life insurance.
Therefore option a. interest only is the correct option.
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many preferred stocks extend voting rights to preferred shareholders if the preferred dividend has been omitted for some specified period, for example, 4 quarters. a. true b. false
Many preferred stocks extend voting rights to preferred shareholders if preferred dividend has been omitted for some specified period, for example, 4 quarters. - True
A type of share known as preferred stock is one that firm issues to raise money. They are referred to as hybrid securities since they mix ownership and debt characteristics. If the preferred dividend hasn't been paid for a predetermined amount of time, such as four quarters, some preferred equities give preferred owners voting privileges.
This clause gives preferred shareholders a method to affect the firm's decisions if they believe their investment is not being handled properly. The preferred shareholders may be able to vote on important corporate decisions, such as the nomination of directors or the approval of significant transactions, thanks to their voting rights. The corporation and its management are more likely to consider the interests of preferred shareholders thanks to this clause.
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consider that currency traders expect aud to depreciate. will they buy or sell aud? _____. will this subsequently cause aud to appreciate or depreciate? ______.
Consider that currency traders expect AUD to depreciate will they buy or sell AUD "not change in value" will this subsequently cause AUD to appreciate or depreciate is "appreciate".
The currency traders are those individual who di the process of speculating on the currency prices to make the profit potentially.
In the foreign exchange market, the market is the anticipate changes in the prices of currency to take trading position in the currency pairs on foreign exchange market to the profit form the currency demand's change.
The foreign exchange market is also known as forex markets. The forex market has three types which is spot market, forward market, and futures market.
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What does an assembly line moving at a fixed rate of speed do to a leader's ability to influence employees' production rate?-It increases the need for a transformational leader -It neutralizes it -It serves as a substitute for leadership
-It serves as a substitute for leadership does an assembly line moving at a fixed rate of speed do to a leader's ability to influence employees' production rate.
As a coach rather than a supervisor, the leadership new position has been described. Self-protective leadership involves preserving face, being self-centered and status conscious, and guaranteeing the safety and security of the leader and the group fixed rate. Participant leaders promote group participation while maintaining final decision-making authority. Members of the group are more driven and inventive because they feel invested in the process. Democratic leadership, commonly referred to as participative leadership, is a leadership stance that emphasises team participation in decision-making.
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what type of ethical reasoning are the marinos using?
The ethical discipline has involved four major strategies, often known as ethical decision-making frameworks, since the beginning of recorded human consciousness: utilitarian ethics (outcome oriented).
Deontological ethical (duty based), virtue ethics (virtue based), and communitarian ethics (community based). The capacity for ethical reasoning is the capacity to recognise, evaluate, and generate ethical arguments from various ethical perspectives. ” Consider an ethical reasoning course as one decision-making incorporates ethical issues into the intellectual effort expected of the student for the sake of this application. Consequence-based reasoning understands that lying typically results in negative outcomes. According to rule-based ethics, lying is never acceptable. The first step in consequence-based reasoning is to consider potential changes to the current circumstance.
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Franklin Corporation has the following account balances at the end of the year. What is stockholders' equity?
Accounts Payable $17,000
Accounts Receivable $23,000
Cash $35,000
Equipment, net $41,000
Notes Payable $29,000
Salaries Payable $8,000
Supplies $3,000
Stockholders' equity, also known as shareholders' equity, represents the ownership interest of a company's shareholders in the company. It is the portion of a company's assets that is owned by the shareholders and is calculated as the difference between the company's total assets and its total liabilities.
In the case of Franklin Corporation, stockholders' equity can be calculated by subtracting the company's total liabilities from its total assets. Total liabilities in this case are accounts payable ($17,000), notes payable ($29,000), and salaries payable ($8,000), which total to $54,000. Total assets are accounts receivable ($23,000), cash ($35,000), equipment, net ($41,000), and supplies ($3,000), which total to $102,000.
Therefore, stockholders' equity for Franklin Corporation can be calculated as follows:
Stockholders' equity = Total assets - Total liabilities
Stockholders' equity = $102,000 - $54,000
Stockholders' equity = $48,000
So, stockholders' equity for Franklin Corporation is $48,000. This means that the company has $48,000 worth of assets that belong to its shareholders.
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within the bcg matrix, products labeled as combine large market share with a high growth rate. apple's iphone would be an example of this type of product.multiple choice question.cash cowsdogsstarsmoonsquestion marks
Within the BCG matrix, products labeled as C. Stars combine large market share with a high growth rate. Apple's iPhone would be an example of this type of product.
What is the BCG Matrix ?A planning tool developed by the Boston Consulting Group (BCG) uses graphical representations of a company's goods and services to assist it in deciding what to keep, sell, or spend more in.
Products that have significant market share in high-growth markets are referred to as "stars" and should receive additional investment. Stars in the upper left quadrant produce significant income but also spend a lot of money from the company.
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you find a zero coupon bond with a par value of $20,000 and 18 years to maturity. if the yield to maturity on this bond is 4.4 percent, what is the dollar price of the bond? assume semiannual compounding periods
You get a zero coupon bond with a face value of $20,000 and 18 years to maturity. If the yield to maturity on this bond is 4.4 percent, the dollar price of the bond is $4,124.83.
The dollar price of a zero coupon bond can be calculated using the formula:
Price = Par value / (1 + Yield to maturity / 2)^(Number of compounding periods)
For this bond, the par value is $20,000, the yield to maturity is 4.4 percent, and it has 18 years to maturity with semiannual compounding periods, so the number of compounding periods is 18 x 2 = 36.
Plugging in these values, we get:
Price = $20,000 / (1 + 0.044 / 2)^36
Price = $20,000 / (1.022)^36
Price = $20,000 / 4.820
Price = $4,124.83
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scarcity is a problem because group of answer choices there are not enough resources to produce all the goods and services people want to purchase. not everyone has the same amount of resources, such as land and labor unemployment exists, and therefore some people do not have enough resources to meet their basic needs. there is a surplus of goods on the market.
Scarcity is an issue because it limits the availability of resources, goods, and services that people need or want.
What do you mean by resources?
Resources are items, services, or materials that a person, organization, or business uses to accomplish tasks or projects. Resources can include physical objects such as machines, tools, and buildings, as well as intangible services such as expertise, knowledge, and time.
Scarcity is a problem because it limits the amount of resources available for use. This can lead to a situation where people have to make difficult decisions about how to allocate resources and what to prioritize. There is also an economic impact associated with scarcity, as the demand for resources increases but the supply remains limited. This can lead to higher prices and a decrease in economic growth.
Hence, option A, B and C are correct.
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Correct form of question:
group of answer:
A. there are not enough resources to produce all the goods and services people want to purchase.
B. not everyone has the same amount of resources, such as land and labor
C. unemployment exists, and therefore some people do not have enough resources to meet their basic needs.
D. there is a surplus of goods on the market.
you have found an asset with an arithmetic average return of 13.20 percent and a geometric average return of 10.36 percent. your observation period is 30 years. what is your best estimate of the return of the asset over the next 5 years? 10 years? 20 years? (do not round intermediate calculations. enter your answers as a percent rounded to 2 decimal places.)
Answer:
To estimate the return of the asset over the next 5 years, 10 years, and 20 years, we need to understand the difference between arithmetic and geometric average returns.
Arithmetic average return is calculated by summing all the returns and dividing by the number of observations. In this case, the arithmetic average return is 13.20%.
Geometric average return, on the other hand, is a more accurate measure of the compound growth rate over a period of time. It is calculated by taking the product of all returns, raising it to the power of 1/n (n being the number of observations), and subtracting 1. In this case, the geometric average return is 10.36%.
Given that the geometric average return is lower than the arithmetic average return, this suggests that there is a lot of volatility in the returns over the 30 years, with some very high returns balanced out by some very low returns.
Given that the asset has a geometric average return of 10.36% over 30 years, we can estimate that the asset will return around that rate for the next 5, 10, or 20 years.
For 5 years: 10.36%
For 10 years: 10.36%
For 20 years: 10.36%
It's important to keep in mind that these are rough estimates and that actual returns can vary widely from these projections, especially in the short term. Additionally, this estimation is based on the past performance which doesn't guarantee the future results.
which key component is the project deliverable? write one sentence.
A project deliverable is a tangible or intangible item produced as a result of project work that is intended to meet a specific requirement or achieve a specific objective and is delivered to the customer or sponsor at the end of the project.
Project deliverables can be either tangible, such as a product, document, or report, or intangible, such as a service, training, or process improvement. They can range from small, simple deliverables to large, complex deliverables, depending on the scope and size of the project.
Deliverables should be clear, measurable, and specific, with defined acceptance criteria and a timeline for delivery. They are important because they provide a basis for monitoring progress, evaluating results, and ensuring that the project is delivering what was promised. Project deliverables are also used to track and report project performance, and to determine if the project is meeting its objectives and delivering value to stakeholders.
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which one of the following questions is a fundamental criterion for a strategy? will stakeholders be satisfied with the strategy? where should the organization compete? does the strategy address the key opportunities and constraints that the organization faces? will the organization be able to charge lower prices than its competitors?
Will stakeholders be satisfied with strategy is fundamental criterion for strategy.
What is a stakeholder?According to the earliest recorded use of the term in a 1963 internal Stanford Research Institute paper, a stakeholder is a member of "groups without whose support the organization would cease to exist." Later, throughout the 1980s, R. Edward Freeman created and pushed the concept. Since then, it has gained widespread acceptance in business theory and practice, particularly in relation to corporate governance, strategic management, company purpose, and corporate social responsibility (CSR). Any decision made by an entity could have an impact on those connected to it in the private sector. Parents, kids, clients, business owners, employees, partners, contractors, and suppliers are just a few examples of these. It might also be family or neighbors.
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How diversity has impacted Australia's ever changing economic, employment, social, cultural and political landscape.
The diversity has impacted Australia's ever changing economic, employment, social, cultural and political landscape.
The employment is the indication of the rate of work individual who has the capability to do work and they do thier job.
The diveristy of Australia's ever changing economic, employment, social and cultural can hep to stop the racial discriminiation in the country. This changing the view of Australia in the positive view of public. This culture create the healthier work environment.
The changes which has occurred in the Australia can be influenced the other neighbouring countries to develop and create good environment in the work culture, social life and so on.
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which is not a temporary account? inventory, interest income interest expense, sales returns and allowances and rent income
A: "Inventory" is not a temporary account.
A temporary account is a type of account used in accounting to record transactions that are expected to be reversed in the near future. Temporary accounts, also known as nominal or revenue accounts, include income, expenses, gains, and losses. These accounts are closed at the end of each accounting period and their balances are transferred to the permanent accounts, such as retained earnings. Temporary accounts are used to track the results of business activities for a specific period of time, and provide a snapshot of a company's financial performance during that period.
Inventory is a permanent account because it represents a company's ongoing investment in its stock of goods for sale.
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a reporter wants to portray professional basketball players as overpaid in a tabloid news story. they know that most of the basketball players make a reasonable salary but there are a few superstar basketball players who have multi-million dollar contracts. which measure of center should they report as the average salary of pro-basketball players in the story to get their point across?
The measure of center that the reporter should report as the average salary of professional basketball players in the story to get his point across would be the mean.
What are measures of center?It corresponds to a measure that is used to describe a set of data in a representative way, that is, to describe the set with a single value.
Therefore, to calculate the mean, the reporter should add up all the basketball players' salaries and divide this value by the number of selected players, finding this measure of center.
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why would you expact a product owner to care that the scrum team adheres to its definition of
A product owner should care about the Scrum team adhering to the definition of "done" because it ensures the delivery of a high-quality, usable product that meets the requirements and expectations of stakeholders.
The definition of "done" sets clear criteria for what constitutes a completed and ready-to-deliver user story or product backlog item.
By adhering to the definition of "done," the Scrum team ensures that the product meets the necessary quality standards, is free of defects, and is ready to be shipped to the end-user.
This helps to minimize the risk of rework and reduces the overall time to market. Additionally, a well-defined definition of "done" can help ensure that the product owner and stakeholders have a clear understanding of what will be delivered and when, which can help to build trust and improve communication.
In summary, adhering to the definition of "done" is critical for the success of a product and helps to ensure that the product meets the requirements of the product owner and stakeholders, is delivered on time, and is of high quality.
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determine where you stand vis-à-vis objectives:
The planning process is a systematic approach to determining an organization's goals and objectives, and then developing and implementing a plan to achieve those goals.
Determine your goals— Determine desired outcomes or consequences in very specified ways. Know where you want to go and be detailed enough that you will know when you arrive or how far off the mark you are at certain stages along the journey.Determine your position in relation to your objectives— Assess existing achievements in relation to intended outcomes. Know where you are in terms of achieving your goals; understand what strengths work in your favor and what shortcomings may keep you back.Create assumptions about future conditions— Try to predict what will happen in the future. Create various "scenarios" for what can happen; for each scenario, indicate what might aid or impede progress toward your goals.Analyze possibilities and devise a strategy— Make a list of potential activities and thoroughly assess them. Choose the alternative(s) that are most likely to achieve your goals; identify what steps must be taken to implement the chosen course of action.Implement the strategy and assess the results— Take immediate action and thoroughly monitor your progress near your goals. Follow the plan's instructions; review the results; take remedial steps; and amend the plan as required.To know more about strategy:
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