Changes to business strategy are not usually included within the scope of change management.
A business strategy is the combination of all the decisions and actions a company makes to achieve its business goals and ensure its competitiveness in the market. It's the road map to your desired destination and the backbone of your company. If this roadmap goes wrong, your company can get lost in an overwhelming horde of competitors.
A business goal without a strategy is just a dream. Entering the market without a well-planned strategy is nothing but a gamble. As competition intensifies, the importance of business strategy becomes apparent, and the variety of business strategies used by companies has greatly increased. Here are five reasons why your business needs a strategy.
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This business impact analysis (bia) is developed as part of the contingency planning process for the:__________
This business impact analysis (bia) is developed as part of the contingency planning process for the recovery strategies.
A business impact analysis (BIA) predicts the consequences of disruption of an enterprise characteristic and method and gathers statistics to broaden restoration strategies.
The BIA process focuses on the results or consequences of an interruption to critical business functions and attempts to quantify the financial and non-financial costs related to the disaster. The BIA identifies and analyzes the components of the organization which is maximum vital.
A business impact evaluation (BIA) is the system of figuring out the criticality of business activities and related useful resource necessities to make sure operational resilience and continuity of operations in the course of and after a business disruption.
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What is the major source for information about the financial condition of a government?
The balance sheet, income statement, and cash flow statement are the three most important financial statements. These three statements show a company's assets and liabilities, revenues and costs, and cash flows from operating, investing, and financing activities.
A cash flow statement is a financial statement that summarizes all cash inflows received by a company from ongoing operations and external investment sources. It also includes all cash outflows used to fund business operations and investments over a given time period. the precise amount of money you have available for that time period Depreciation, for example, is recorded as a monthly expense.
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The fundamental relationship between economic value creation and competitive advantage is?
The fundamental relationship of economic value creation to competitive advantage is that an increase in one will leads to another. Due to that, we can say that other competitors’ economic value creation will decrease. These changes will lead to a relative shift in cost structure and a shift in consumers’ behavior to pay more.
Competitive markets deal with homogenous products and with too many producers and due to that no one producer can create a monopoly. As in monopoly, the market deals with non-homogenous products with single or few producers.
Further descriptions are below here about the relationship between value creation and competitive advantages:
Fundamental in strategic managementProvides the foundation upon which to formulate a firm's competitive strategy for cost leadership or differentiationA firm has a competitive advantage when it creates more economic value than rival firms.For more content like this visit:
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Which lot-sizing technique should be used if the process has a low-cost setup? part 2 a. economic order quantity b. wagner-whitin c. periodic order quantity d. lot-for-lot
(D) Lot-for-lot lot-sizing technique should be used if the process has a low-cost setup.
What is lot-for-lot lot-sizing technique?The lot size is the process of unifying the calculated net requirements by a specific unit while taking cost reduction and work efficiency into account. There are two forms of lot sizing: one that unifies in terms of time and another that unifies in terms of quantity.Lot-for-lot lot-sizing technique is a method of lot sizing in which the net requirements for each period are the quantity of order. This strategy is usually used for pricey commodities and items with sporadic demand.If the process has a low-cost setup, the lot-for-lot lot-sizing technique should be applied.Therefore, (D) the lot-for-lot lot-sizing technique should be used if the process has a low-cost setup.
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The activity of estimating total system project cost and comparing it to system value is called ________.
The activity of estimating total system project cost and comparing it to system value is called cost feasibility.
Project Cost is the total funds needed to complete the project or work that consists of a Direct Cost and an Indirect Cost. The Project Costs are any expenditures . Project Cost means the price payable to the Service Provider over the entire period of Agreement for the full and proper performance.
Project cost management is the process of estimating, budgeting, and controlling costs throughout the project life cycle, with the objective of keeping expenditures within the approved budget.
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In a publicly traded organization, does the valuation of owners’ equity represent the worth of the organization to its owners? explain your answer
In a publicly traded organization, the valuation of owners’ equity represent the worth of the organization to its owners after "liabilities are deducted from assets."
What is publicly traded organization?An organization whose shareholders are entitled to a share of the firm's assets and revenues is referred to as a public company, also known as a publicly traded company.
Some characteristics of publicly traded organization are-
Ownership of such a public corporation is divided among the public shareholders through the free exchange of stocks that are traded via stock exchanges and the over (OTC) marketplaces.Many Americans make direct investments in public corporations, and chances are good that the pension plan or mutual fund you own, if you have one, has some shares in public companies.A publicly traded corporation is expected to periodically expose its business and financial information to the public in addition to having its securities listed on public exchanges.An initial public offering (IPO) is the procedure used by a private firm to start issuing new shares to the general public. A firm is deemed private before its IPO. A company's decision to start issuing to the general public through with an IPO is crucial since it gives them a source of funding for their expansion.To know more about publicly traded organization, here
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What do you understand by Ranger?
Answer:
A ranger is a person who takes care of a park or piece of land.
Explanation:
Is there a story or reading that you would like to request support with that concerns the word Ranger?
When managers give instructions to front-line employees, they should follow the indirect strategy.
a) true
b) false
False, they should not follow the indirect strategy.
What is indirect strategy?The indirect method relies on generating turning points that lead foes to lose momentum that they can never recoup. Every contract, like a fight, has a vital moment or turning point that determines who wins and who loses. Information can be utilized in sales to create turning points that eliminate competition.
Superior forecasting, reporting, and analysis are required in large businesses. The indirect technique has the advantage of respecting the audience's sensitivities.
The evidence is provided first in the indirect way, leading to the main idea. This is an inductive reasoning. This method is best if your audience is likely to be upset or resistant to what you have to say.
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What must be true about combinations of labor and capital along a given isoquant?
When there is a combination of labor and capital along a given isoquant they all must produce the same amount of output.
An isoquant in economics is a curve that, when plotted on a graph, indicates all the mixtures of two factors that produce a given output. Frequently used in manufacturing, with capital and labor as the 2 factors, isoquants can display the optimal combination of inputs that will produce the maximum output at a minimal price.
A production function describes the maximum output that can be done with any given combination of inputs. An isoquant identifies all of the different combinations of inputs that can be used to produce one particular level of output.
The least cost combination occurs when a company adjusts its employment of resources to minimize prices. The least cost combination is found in which the marginal product per dollar for all the resources a company employs is equal.
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So you them the answer you submit must be the d operators; they are pald $8. 10 an hour each and work 40 hours a week and 52 weeks a year. The machines break down periodically, resulting in annual repair costs of $1,320 for each and supplies cost $960 a year for each machine. Vill have a life of 5 years and a total disposal value at that time of $1, 500. The kodak system will require only 2 regular operators. Supplies wil be $3,600 per year. Kodak has offered the college a maintenance contract that covers all machine breakdowns; the cost of the contract is $1,020 per year. Total cost for all favor keeping the canon copiers, enter your net present value difference as a positive number; if.
The net present value for all favor keeping the canon copiers $6580
What is net present value?The net present value, also known as net present worth, is applied to a series of cash flows that occur at different dates. The present value of a cash flow is determined by the time elapsed between now and the cash flow. It is also affected by the discount rate. The temporal value of money is accounted for by NPV.
The term net present value (NPV) refers to the current total value of a future stream of payments. If the net present value (NPV) of a project or investment is positive, it signifies that the discounted present value of all future cash flows associated to that project or investment will be positive, and hence appealing.
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A new product costs $.84 each to manufacture and $.52 each to market. if 50,000 will be sold, what must the price of each product be to provide a profit of 15 percent of the price?
The price of each product to provide a profit of 15 percent of the price will be $1.6
Given,Cost = $0.84 to manufacture
Cost = $0.52 to market
To get 15% of the price let the selling price be x
So,50000*(y-(0.84+0.52) ) = 50000*(.15)*y
y-1.36 = 0.15y
0.85y = 1.36
y = 1.36/0.85 = $1.6
Answer is $1.6
For businesses, profit is the positive financial gain remaining after all costs, taxes, and expenses have been deducted from total sales. A business owner will either apportion profits or reinvest them back into their company.
There are four levels of profit or profit margins: gross profit, operating profit, pre-tax profit, and net profit.
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A movement along the phillips curve shows that the unemployment rate and inflation rate are.
The Phillips curve relates the rate of inflation with the rate of unemployment. The Phillips curve argues that unemployment and inflation are inversely related: as levels of unemployment decrease, inflation increases. The relationship, however, is not linear.
What is the relationship between inflation and unemployment shown by the Phillips curve?
The Phillips curve states that inflation and unemployment have an inverse relationship. Higher inflation is associated with lower unemployment and vice versa. The Phillips curve was a concept used to guide macroeconomic policy in the 20th century, but was called into question by the stagflation of the 1970's.
Phillips curve :
graphic representation of the economic relationship between the rate of unemployment (or the rate of change of unemployment) and the rate of change of money wages. Named for economist A. William Phillips, it indicates that wages tend to rise faster when unemployment is low.
Inflation rates :
inflation, in economics, collective increases in the supply of money, in money incomes, or in prices. Inflation is generally thought of as an inordinate rise in the general level of prices.
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A savigns account earns 4 percent. if the saver is in a 28 percentt ax bracket, the aftert tax savinggs rate of rreturn would be:_____.
A savings account earns 4 percent. if the saver is in a 28 percent ax bracket, the after-tax savings rate of return would be 2.88%.
1.0 - 0.28 = 0.72; 0.04 ×0.72 = .0288 = 2.88%
A savings account is a government-guaranteed financial product that allows you to grow your money. The best savings accounts have a high annualized rate of return (APY). The higher your APY, the more money you can make over time. Save 50% or more for the biggest career and life opportunities (learn more about magic savings rate breakpoints here).
As a rule of thumb, save at least 20-25% of your after-tax income, not other goals. Save 50% or more for the biggest chance in your career and life (learn more about Magic Savings Rate breakpoints here).
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What is the most appropriate use of competitors in the development of new-product ideas?
Assessing the strength and weaknesses of competitors' products is the most appropriate use of competitors in the development of new product ideas.
There are simple steps you need to take before developing the marketing mix. the primary is to identify your overall goal or marketing approach. the second is to identify your target market.
Companies need to follow steps like idea development, the screening of the latest ideas, enterprise evaluation, product improvement, test marketing, and commercialization.
SWOT analysis is a framework for figuring out and studying a business enterprise's strengths, weaknesses, opportunities, and threats. These phrases make up the SWOT acronym. The primary intention of SWOT analysis is to increase awareness of the elements that go into making a business decision or organizing a business strategy.
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Those who make economic policy concerning price controls often do so in order to?
Answer:
establish a more equitable result based on normative judgements. In the market for personal computers and in the stock market: 1) supply and demand shifts change prices and quantities.
A financial company to which businesses sell their accounts receivable, usually for a percentage of the total face value, is a(n):______.
A financial company to which businesses sell their accounts receivable, usually for a percentage of the total face value, is a factor. Financial firms include banks, trust companies, accredited community development financial institutions, savings and loan associations.
Any company that CROCI Valuation Group considers to be a financial and is as result subject to CROCI company model for financials is referred to as financial company. It is a type of financial company that offers credit for the purchase of accounts receivable and services for consumers by either buying time-sales contracts of retailers or by making small loans directly to customers.
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What is the proper form to use if the buyer wants to ask the seller to leave the free standing bookcase for a small amount of money?
Non-Realty Items Addendum should be used if the buyer wants to ask the seller to leave the free-standing bookcase for a small amount of money.
An addendum is an extra document that receives brought to the acquisition and sale agreement. The file will encompass any extra information or requests that the client did now not place into the authentic purchase and sale agreement.
This Addendum is used if the events need to feature additional items of personal belongings which might be to live with the assets that are not already listed in paragraphs 2B or 2C of the purchase contract.
An addendum is used to make clear and add matters that were not to start with a part of the authentic contract or agreement. think about addendums as additions to the original settlement (as an example, adding a cut-off date in which none existed in the original version).
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The __________ provides for a temporarily reduced initial rate in adjustable rate mortgages.
The Teaser Rate provides for a temporarily reduced initial rate in Adjustable Rate Mortgages.
A teaser rate generally refers to an introductory rate charged on a credit product. Credits cards may charge borrowers an introductory rate of 0%. Adjustable rate mortgages (ARMs) are also known for charging a low initial rate that helps entice borrowers. Teaser rates may also serve to increase the marketability of ARMs over traditional mortgages.
A teaser rate generally refers to an introductory rate charged on a credit product. Credits cards and adjustable rate mortgages (ARMs) are both known for charging a low initial rate that helps entice borrowers. Lenders and informal lenders may include teaser rates in credit product prequalification marketing as a way of adding an incentive for new customers.
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The function that serves as an intermediary between an organization shipping a product and the actual carrier is.
The function that serves as an intermediary between an organization shipping a product and the actual carrier is Customer Broker.
What is Custom brokers? Custom brokers , also known as customs house brokers, are roles that may be held by or linked to customs brokerage firms, independent companies, shipping lines, importers, exporters, independent businesses, and freight forwarders.Those who hold a license as a customs broker are not considered to be "customs officials" by the government (in other countries the two terms may be interchangeable). The tariff schedule, a list of duty rates for imported goods, CATAIR, the legal and administrative requirements controlling importations, and other trade-related issues must all be known to customs brokers.For instance, a customs broker can be required to inform an importer of the country-specific marking requirements or complete the paperwork for a consignment of clothes that is subject to quotas and visa restrictions.It is possible to prevent delays, item seizures, and fines and penalties that may be imposed against the importer and/or broker by being aware of the criteria for each type of import.To know more about Customer Broker with the given link
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The federal trade commission, like other administrative agencies, has the power to?
The federal trade commission, like other administrative agencies, has the power to compel businesses to hold trial-like hearings to resolve certain kinds of disputes.
the question is incomplete .please read below to find the missing content.
The FTC's mission is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly harming legitimate business operations.
This commission is appointed by the President and approved by the Senate, each for a term of seven years. He can have no more than three members on the committee who can belong to the same political party. The President elects a Commissioner to chair the Commission. Visit the FTC!
The Federal Trade Commission, like other administrative agencies, has the power to
a. compel businesses to reveal trade secrets.
b. harass those whom it investigates.
c. hold trial-like hearings to resolve certain kinds of disputes.
d. all of the above.
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Which method of estimating bad debts is required by gaap when the amount of bad debt is material?
For financial reporting purposes, the allowance approach is necessary when bad debts are significant. It has three crucial characteristics During the same accounting period that sales occurred, uncollectible accounts receivable are estimated and compared to sales.
The allowance technique is setting aside a reserve for anticipated future bad debts. The reserve is calculated as a percentage of the sales made during a reporting period, with the percentage of sales possibly being adjusted for client risk.
How much cash a company should set aside for potential future bad or unrecoverable customer debt is determined using the allowance technique. It takes into account the price of the losses a business anticipates from giving customers credit.
It multiplies the accounts receivable by the relevant percentage for the aging period, puts those two sums together, and uses that result to estimate the allowance for dubious accounts.
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To transform information into ________, a firm must expend additional resources to discover patterns, rules, and contexts
To transform information into knowledge, a firm must expend additional resources to discover patterns, rules, and contexts.
An organized collection of people, processes, software program, databases, and devices used to create, shop, percentage, and use the business enterprise's knowledge and experience.
There are three main forms of knowledge management systems that aid you in enterprise understanding sharing and dealing with. they're information work systems, clever strategies, and enterprise-wide understanding of control systems.
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When managers use __________, each decision criterion is compared to a standard or ranked on its own merits.
According to decision analysis, When managers use absolute comparison, each decision criterion is compared to a standard or ranked on its own merits.
What is decision analysis?Decision analysis involves elements of psychology, management strategies, training, and economics and use a number of methods to examine all pertinent information to assist in the decision-making process. It is frequently used to evaluate choices that are made in light of several different factors and that have a wide range of potential outcomes or goals. When trying to decide on risk management, capital investments, or strategic business decisions, individuals or groups might employ the approach.Making strategic business decisions requires a methodical, quantitative, and visually appealing process known as decision analysis. Aspects of psychology, management strategies, and economics are all incorporated into decision analysis along with a range of other instruments.Decision analysis can be used in risk, capital investments, and strategic business decisions, among other things.
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Barrier islands make __________ sites for real estate development because __________. Group of answer choices good; they are made of rock and are quite stable good; they provide excellent scenery poor; they are unstable and often mobile poor; they can be overrun by storm surges poor; they are unstable and often mobile; poor; they can be overrun by storm surges
Barrier islands make poor sites for real estate development because they can be overrun by storms. Barrier islands are exceptionally flat or lumpy coastal landforms and a type of dune system. areas of sand that form parallel to the mainland coast due to wave and tidal action.
Barrier islands are usually found in groups of several islands, ranging from a few to more than a dozen. They change with storms and other action, but they absorb energy, protect coastlines, and create areas of protected waters where wetlands can thrive. Barrier islands can stretch for more than a hundred kilometers.
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Which type of satisfaction describes whether an employee is satisfied with aspects such as pay, benifits, and job tasks?
Cognitive job satisfaction measures how satisfied employees are with certain aspects of their work, such as: B. Wages, Working Hours, or Social Security.
Job satisfaction is defined as an employee's satisfaction with their job. This goes beyond day-to-day operations and covers satisfaction with team her members/managers, satisfaction with company policies, and the impact their work has on employees' personal lives.
There are two levels of job satisfaction: effective job satisfaction and cognitive job satisfaction. Effective job satisfaction refers to an individual's overall emotional response to work. Cognitive job satisfaction measures how satisfied a person is with their job.
Job satisfaction measures how satisfied, comfortable, or content a person is with their job. It is the pleasant or positive emotional state that results from evaluating one's work and work experience.
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An individual demonstrates which type of wellness when they establish a values system and carries out meaningful and constructive life goals?
An individual demonstrates Spiritual wellness when they establish a values system and carries out meaningful and constructive life goals.
The Wellness Triangle is a measure of the 3 principal categories that make contributions to typical fitness and well-being. The three same facets of the triangle represent the three same components that affect fitness: structural/physical, nutritional/chemical, and emotional/mental.
Spiritual health approaches having private values and beliefs and appearing compassionately according to those values: personal values and beliefs might also exchange at some point of the route of an entire life, taking form through the have an impact on relationships, activities, and private experiences.
Essentially, a lifestyle assessment helps a person be informed and proactive with their fitness. It teaches how lifestyle alternatives affect health effects. It additionally allows the medical doctor to be more informed about their patient's fitness and offers them the opportunity to create a movement plan.
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Cake-a-licious, a large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. this is an example of _____.
A large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. this is an example of vertical integration.
Vertical integration is a way wherein a agency owns or controls its vendors, companies, or retail places to govern its rate or supply chain. Vertical integration advantages corporations with the aid of permitting them to manage the approach, lessen expenses, and improve efficiencies.
Vertical integration is a corporation technique that includes growth through streamlining operations. This takes place while one acquires a producer, supplier, supplier, distributor, or unique related enterprise corporation inside the identical employer.
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If a monopolistically competitive firm's demand curve is shifting to the left, it will stop when?
If a monopolistically competitive firm's demand curve is shifting to the left, it will stop when: firms stop entering the industry
This is further explained below.
What is the industry?Generally, An industry is a set of firms that are considered to be in some way comparable due to the principal commercial activity that they engage in. There are hundreds of different ways to classify industries in contemporary economies. The various kinds of businesses are often organized into broader groups that are referred to as sectors.
In conclusion, If a monopolistically competitive company's demand curve is migrating to the left, it will cease doing so when the following occurs: businesses stop joining the industry.
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True or false?
You have created a great new smartphone app while working for apple. apple can sell this app to a third party.
You have created a great new smartphone app while working for apple. apple can sell this app to a third party. This statement is True.
Apple Inc. is an American multinational technology company specializing in consumer electronics, software, and online services, headquartered in Cupertino, California, USA. Apple is the largest technology company by revenue (totaling $365.8 billion in 2021), and as of June 2022, the world's largest company by market capitalization, the fourth largest PC vendor by unit sold, and the second largest mobile phone manufacturer. It is one of his big five IT companies in America, along with Alphabet, Amazon, Meta, and Microsoft.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976 as the Apple Computer Company to develop and sell Wozniak's Apple I personal computer. Founded in 1977 by Jobs and Wozniak as Apple Computer, Inc., the company's next computer, the Apple II, became a bestseller. Apple went public in the 1980s and quickly became a financial success.
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In one paragraph, describe how the change may specifically address the distribution of products to your persona.
Change may address the distribution of products to your personelle through storefront locations or through online channels.
What is distribution channel?Distribution channel simply refers to a chain of businesses or intermediaries through which the final buyer purchases a good or service.
However, some members of the distribution channel are as follows:
WholesalersRetailersDistributorsSo therefore, change may address the distribution of products to your personelle through storefront locations or online channels.
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