The feature that need to be included in functional strategies to improve differentiation is option c:
Hiring and employee development strategies designed to ensure that employees act in a manner that is consistent with the image that the company is trying to project to the world.What are the functional strategies in regards to marketing?The term Functional Strategy is known to be a kind of a strategic plan that is known to be taken in by each functional aspect in the value chain of the firm such as marketing, production, finance and others.
This is often down so as to implement and to bring together in one spot with the total business or corporate strategy or vision for getting organizational level aims.
Hence, The feature that need to be included in functional strategies to improve differentiation is option c:
Hiring and employee development strategies designed to ensure that employees act in a manner that is consistent with the image that the company is trying to project to the world.See full question below
Functional strategies to improve differentiation should include:
a. product offerings designed to be can be produced and delivered at as low a cost as possible
b. standardization of the product offering and marketing mix to different market segments.
c. hiring and employee development strategies designed to ensure that employees act in a manner that is consistent with the image that the company is trying to project to the world.
d. initiation of a price war in order to grow volume and drive its weaker rivals out of the industry.
e. products that have lower prices to allow a company to erect an economic moat around its business that keeps higher-cost rivals out.
Learn more about functional strategies from
https://brainly.com/question/24867066
#SPJ1
Dimitri owns stock in a u.s. publicly traded company. as a stockholder, dimitri is a(n) ______ of the corporation.
Based on the fact that Dimitri owns stock in a company in the United States which is publicly traded, he is a stockholder which makes him an owner of the corporation.
What is Dimitri to the company?Dimitri is considered to be an owner of the company because owning a share in a company means that you have ownership rights to their stock.
This is called equity ownership and it is the type of ownership that is seen with publicly traded companies such as the one that Dimitri bought shares in.
Because he is a shareholder and therefore an owner, Dimitri has the right to attend annual general meetings and voice his opinion. He also stands to make a capital gain if the share price of the corporation rises.
In conclusion, Dimitri is an owner.
Find out more on publically traded companies at https://brainly.com/question/14227507
#SPJ1
Failing to __________ appropriately will result in too many employees doing the same work and prevent the new firm from realizing the cost synergies it anticipated
Failing to downsize appropriately will result in too many employees doing the same work and prevent the new firm from realizing the cost synergies it anticipated.
Cost synergy is the reduction in operating costs expected after the merger of the two companies. Cost synergies are cost savings resulting from increased efficiency in the post-merger company. Cost synergies are one of the three main types of synergies, the other two being revenue and financial synergies.
Mergers and Acquisitions (M&A) cost synergies could result from lower costs due to increased efficiencies in the two merged companies. These costs may include extra insurance, equipment, physical location, etc. It can also result from the economies of scale and bulk buying that arise from the combined size of the two companies.
Cost synergies can be measured by comparing comparable deals or by looking internally at each company. When evaluating each company, bottom-up analysis can be performed to determine how additional assets or operations will impact cost savings.
Learn more about Cost synergies here :https://brainly.com/question/25491204
#SPJ4
When a person enters another's personal space and is within 10 feet of the person, they are within someone's:______.
When a person enters another's personal space and is within 10 feet of the person, they are within someone's social distance.
The study of proxemics examines how people use space and how population density affects how they act, communicate, and interact with one another.
It is only through observation and with the help of powerful cultural influences that proxemics, a previously unnoticed aspect of interpersonal communication, is discovered.
The area in which a person feels physically and psychologically at home is known as their personal space. The majority of individuals respect their privacy, and when it is invaded, they typically feel uneasy, angry, or anxious.
Edward Hall, the founder of proxemics, the science examining how people utilize space, actually coined the phrase "social distance" to refer to the separation between interactions with acquaintances.
To learn more about proxemics refer to:
https://brainly.com/question/15072553
#SPJ4
The firm's sources of capital include: ________
i. debt, equity and retained earnings.
ii. debt, assets and retained earnings.
iii. none of these is correct
Correct option is (i)
The firm's sources of capital include debt, equity and retained earnings.
Companies are required to raise capital in order to invest in new projects and grow.
Using the retained earnings means companies don't owe anything but shareholders can expect a big increase in profits of the firm.
Companies raise the debt capital by borrowing from lenders and by issuing corporate debt in the form of bonds.
Equity capital, is the fund which comes from external investors, costs nothing but has no tax benefits.
Corporations often need to raise funding form the external sources or capital in order to expand their businesses into new markets or different locations. It also allows them to invest in research & development (R&D) or to fend off the competition.
To know more about retained earnings here:
https://brainly.com/question/14529006
#SPJ4
A(n) ________ is a group of experienced professionals from different areas of business who join together to develop, make, and market a new product.
A(n) entrepreneurial team is a group of experienced professionals from different areas of business who join together to develop, make, and market a new product. Option A.
This is further exaplained below.
What is entrepreneurial team?Generally, An entrepreneurial team "consists of two or more individuals who have a financial and nonfinancial stake in the future and success of a venture; whose work is interdependent in the pursuit of shared objectives and venture success; and who are responsible to the entrepreneurial team and for the endeavor."
In conclusion, An entrepreneurial team is a collection of skilled individuals from a variety of business fields that get together to collaborate on the design, production, and promotion of a novel good or service.
CQ
A(n) ________ is a group of experienced professionals from different areas of business who join together to develop, make, and market a new product.
(1) entrepreneurial team
(2) self-directed functional team
(3) managerial task force
(4) joint venture
Read more about entrepreneurial team
https://brainly.com/question/20715212
#SPJ1
The ________ argues that exchange rates are determined by the supply and demand for a wide variety of financial assets
The Asset market approach argues that exchange rates are determined by the supply and demand for a wide variety of financial assets.
Asset market approach is a method of long-term foreign exchange rate determination that assumes that whether foreigners are willing to hold claims in monetary form depends on an extensive set of investment considerations of drivers. Asset market approach is an approach to determine asset prices using stocks of assets rather than flows.
Supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy.
To know more about financial assets here
https://brainly.com/question/17154899
#SPJ4
Cameron, a financial manager at southeastern bank, always attempts to treat each subordinate with respect and fairness. cameron's treatment of employees is an example of fayol's principle of:_________
Cameron's treatment of employees is an example of Fayol's principle of equity.
What do you understand by Principal of Equity?
Equity is a blend of justice, kindness, and fairness. If the employees are to be expected to give their all, they should be treated with decency and equity. It indicates that supervisors should treat employees fairly and impartially.
What are Fayol's principles of management?
The father of contemporary management is regarded as Henri Fayol. He bestowed upon us the renowned 14 management concepts. Planning, organizing, commanding, coordinating, and controlling are his list of the top 5 managerial tasks.
Learn more about Fayol's principles of management: https://brainly.com/question/17313522
#SPJ4
Take what youâve learned from game theory and apply it to the framework of an oligopoly. which of these strategies can work like a silent form of cooperation?
The firms always match other cartel firms' price cuts but don't match price increases.
Why Do Oligopolies Exist?A market structure known as an oligopoly consists of a limited number of businesses, none of which can prevent the others from exerting significant influence. The concentration ratio calculates the largest companies' percentage of the market.
A market with a monopoly has just one producer; one with a duopoly, two; and one with an oligopoly, three or more. An oligopoly can have as many firms as it wants, but the number must be so low that each firm's decisions have a big impact on the others.
Why Do Oligopolies Remain Stable?
The reason that such a group is stable is an intriguing question. Businesses must recognize the advantages of cooperation over economic competition in order to decide to forego competitiveness and instead focus on the advantages of cooperation.
The companies have occasionally come up with inventive strategies to prevent the appearance of price fixing, such as utilizing moon phases. Setting prices rather than allowing the free market to decide them is known as price-fixing. Another strategy is having companies follow a known pricing leader; when the leader raises prices, the others will do the same.
Learn more about the oligopoly with the help of the given link:
brainly.com/question/14093864
#SPJ4
Dr. Pearl White just graduated from dental school. She is hoping to acquire the necessary funding to start her own dental practice. One advantage of this type of business is
The advantage of the type of business that Dr. Pearl White wants to open after dental school is the service is individualized and not easily mass-produced.
What is the advantage of a dental practice?Dental practices rely on the use of industrial machines to create things like synthetic tooth. Added to that, the service is not easy to mass-produce as the tooth needs to be customized to people.
Both these things are barriers to entry mean that dental practices are not an easy business to get into.
This then reduces the competition for customers to Dr. Pearl White.
Find out more on barriers to entry at https://brainly.com/question/2975624
#SPJ1
The 20/60/20 rule states that the total percent of employees who might be influenced to commit a fraudulent act is:__________
The 20/60/20 rule states that the total percent of employees who could commit a fraudulent act is 60% - 80%.
More about the fraudulent employees :
Basically, it's a non-scientific ratio intended to illustrate how the workforce will typically fall into one of three categories whenever a significant organizational change is anticipated
What it tries to say is:
20 percent will be on board and prepared to make the modifications as needed. 60 percent of people will be aware of the need for change, even though they are still dubious about it. 20% won't be participating at all. While it is the responsibility of the leader to advocate for change, it is unlikely that there will ever be a time when all employees are on board.
Learn more about employees here:
https://brainly.com/question/14367772
#SPJ1
The official unemployment rate is understated because it does not count _______ as unemployed.
Answer is discouraged workers.
A discouraged worker is someone who is qualified for and capable of working but is currently unemployed and has not looked for work in the past four weeks. The reasons for the employee dissatisfaction are numerous and are complicated.
The headline unemployment rate does not include the discouraged employees. They are instead counted in the U-4, U-5, and U-6 unemployment metrics. The U-4 rate is computed by dividing the total labor force, including discouraged employees, by the sum of jobless and discouraged workers.
Policymakers utilize labor rate underutilization, such as U-4, to develop program that assist discouraged employees return to work and incentivize employers to hire them.
Therefore, the blank is to be filled by discouraged workers.
To know more about discouraged workers click here:
#SPJ4
Marginal revenue for a single-price monopolist is? less than the market price. greater than the market price. equal to zero for all levels of output. equal to the market price.
Marginal revenue for a single-price monopolist is less than the market price. greater than the market price. equal to zero for all levels of output. equal to the market price.
Since the seller is a monopolist and a single seller in the industry, it faces market demand of the curve at all levels of output and he will always lower the price on all units in turn to sell the additional units of the produce.
In turn the marginal revenue is less generated because when the demand will rise absolutely in the market then and there it would surely lower down the price of the produce . The output certainly depends upon the process of production and the market price.
To learn more about marginal revenue here,
https://brainly.com/question/13873790
#SPJ4
Can jeremy, a licensee, receive a referral fee for sending his buyer client to ajax title?
if Jeremy, a licensee, receives a referral fee for sending his buyer client to Ajax title This would be a violation of RESPA. This is further explained below.
What is RESPA?Generally, Disclosures about real estate transactions are something that borrowers are required to get from their lenders, mortgage brokers, and loan servicers, as required by RESPA.
The Real Estate Settlement Procedures Act (RESPA) was enacted as part of an attempt to outlaw exploitative activities in the real estate business, such as kickbacks and referral fees, as well as to restrict the usage of escrow accounts.
In conclusion, If Jeremy, a licensee, were to get a referral fee from Ajax Title for referring one of his buyer clients to that company, this would be a violation of RESPA.
Read more about RESPA
https://brainly.com/question/13678116
#SPJ1
The more ________ used, the greater the leverage a company employs on behalf of its owners.
The more debt used, the greater the leverage a company employs on behalf of its owners.
What is financial leverage?Financial leverage exists as the usage of borrowed money (debt) to finance the purchase of assets with the anticipation that the income or capital gain from the new asset will surpass the cost of borrowing.
What is financial leverage example?An example of financial leverage use contains utilizing debt to buy a house, borrowing money from the bank to begin a store, and bonds issued by companies.
Debt exists as an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another group, the creditor. Debt stands for deferred payment, or sequence of payments, which distinguishes it from an immediate purchase.
To learn more about financial leverage refer to:
https://brainly.com/question/17099821
#SPJ4
What are some common risks, threats, and vulnerabilities commonly found in the workstation domain that must be mitigated through a layered security strategy?
Viruses, Email Attachments, Trojan Horses, and worms are examples of things that could be mitigated through layered security. A virus can infect a computer in a variety of ways, the majority of which involve downloading infected files - either intentionally or unintentionally. Pirated music or movies, photos, free games, and toolbars, as well as phishing/spammy emails with attachments, are common offenders.
A computer virus is a type of malicious software, also known as malware, that spreads between computers and causes data and software damage. Virus with Multiple Entities - A multipartite virus is one that can attack both the boot sector and the executable files of an already infected computer.
To learn more about computers, click here.
https://brainly.com/question/21080395
#SPJ4
The ceo of prizm health industries realizes that she needs to formally communicate to her division vice presidents that the board of directors has increased the firm's profit expectations by 10 percent, and that any vice president whose division underperforms this target will be replaced. what describes the optimal method to officially communicate this information to the vice presidents
What describes the optimal method to officially communicate this information to the vice presidents is effective organizational culture.
What is an effective organizational culture?Organizational culture can be regarded as the company's mission, as well as the expectations and values which helps in directing and guiding employees.
Businesses that has an organizational culture are usually successful compare to one that dont have , hence What describes the optimal method to officially communicate this information to the vice presidents is effective organizational culture.
It should be noted that one of the keys to a successful organization is having a strong and effective culture and this can be described as one that has a strongly held and widely shared set of beliefs that can promote and place the organization at the top of her counterparts.
Any organization that has a strong culture, will enjoy theses;
Employees will be able to carry out their task as the top management wants them to. Employees will have the belief that expected response is part of a successful business. Employees know will be elated because they know they will be rewarded for demonstrating the organization's values.Learn more about effective organizational culture, at:
https://brainly.com/question/20165755
#SPJ1
Price ceilings are primarily targeted to help __________, while price floors generally benefit __________.
Price ceilings are primarily targeted to help consumer, while price floors generally benefit producer.
A consumer is someone who orders purchased goods, products or services primarily for personal, social, familial, household and similar needs not directly related to their entrepreneurial or business status. a person or group intended to use, order, or use
A consumer is a person who makes a decision to purchase goods or services for personal use based on personal preferences, beliefs, needs or the influence of advertising.
All consumers consume goods and services, directly or indirectly, to maximize their satisfaction and utility. Consumers have a limited income and want to use it for maximum utility (utility is the ability of a product to meet a need).
Learn more about consumer here:https://brainly.com/question/380037
#SPJ4
While we covered mergers and acquisitions in this unit, let’s turn our focus to strategic alliances. what are the three types of strategic alliances? what are the advantages/disadvantages of each?
The three types of strategic alliances are Joint ventures, Equity Strategic alliances, and Non-Equity Strategic alliances. The advantages and disadvantages of strategic alliances are reduced costs & risks and potential competitors respectively.
There are three types of strategic alliances. A joint venture is a corporation that was created by two parent companies. It is kept up by distributing assets and equity according to a legal contract.
When one corporation buys shares in another company, a strategic equity partnership results. An agreement to share resources without forming a separate firm or allocating equity is called a non-equity strategic partnership.
Partners may grow up quickly, create cutting-edge customer solutions, break into new markets, and pool important resources and experience through strategic alliances. And this is a game-changer in a business environment that prizes speed and creativity.
Its drawbacks include a lack of managerial engagement or equity interest, apprehension about market insulation because a local partner is present, ineffective communication, and inefficient resource allocation.
To learn more about strategic alliances refer to:
https://brainly.com/question/17250330
#SPJ4
When winifred planned her trip to cambodia, she spent months evaluating packages, airfares, and hotel accommodations. winifred’s trip is an example of a(n) ________ product.
When Winifred planned her trip to Cambodia, she spent months evaluating packages, airfares, and hotel accommodations. Winifred’s trip is an example of a(n) Shopping product.
Where is Cambodia?With a total area of 181,035 square kilometers (69,898 square miles), Cambodia is a country in Southeast Asia. Officially known as the Kingdom of Cambodia, it is bordered to the northwest by Thailand, to the north by Laos, to the east by Vietnam, and to the southwest by the Gulf of Thailand. Phnom Penh is the nation's capital and largest metropolis.There are over 17 million people living in the independent country of Cambodia. More than 97 percent of the population practices Buddhism, which is recognized as the official national religion in the constitution.The minority populations of Cambodia include the Vietnamese, Chinese, Chams, and 30 hill tribes. With two distinct seasons and a central floodplain centered on the Tonle Sap Lake and Mekong Delta that is encircled by high terrain, Cambodia has a tropical monsoon climate. Phnom Penh, Cambodia's capital and largest city, serves as the nation's political, economic, and cultural hub.To know more about Cambodia with the given link
https://brainly.com/question/3134622
#SPJ4
During the month of September, Norris Industries issued a check in the amount of $845 to a supplier on account. The check cleared the bank during September. The disbursement was recorded incorrectly as $854. The journal entry to correct this mistake when discovered will include:
The journal entry to correct this mistake when discovered will include a credit to accounts payable for $9.
What is a journal entry?These are entries that entails the detailed record of all the transactions done by a business such as reconciling accounts and transferring information to other accounting records.
Given data
Norris Industries issued a check in the amount of $845 to a supplier on account.The disbursement was recorded incorrectly as $854.Adjusting entry amount = $854 - $845
Adjusting entry amount = $9
Therefore, the journal entry to correct this mistake when discovered will include a credit to accounts payable for $9.
Read more about journal entry
brainly.com/question/14279491
#SPJ1
Three years ago, James Matheson bought 200 shares of a mutual fund for $29 a share. During the three-year period, he received total income dividends of $1.90 per share. He also received total capital gain distributions of $2.80 per share during the three-year period. At the end of three years, he sold his shares for $34 a share. What was his total return for this investment
(200 x 0.92) + (200 x 0.80) + (200 x 29) = $6144
=6144 - (200 x 23) = $1544 total return for this investment.
The definition of investment is an asset that is purchased or invested to build wealth and save money from hard-earned income or capital appreciation. The importance of investment is primarily to gain an additional source of income or to make a profit from the investment over a period of time.
Simply put, investing works when you buy assets at a low price and sell them at a high price. This type of investment return is known as capital gain. Selling assets for a profit for a return or capital gain is one way to make money with your investments.
Learn more about investment here: https://brainly.com/question/1305349
#SPJ1
When a pollution charge of $5 per unit emitted is imposed, how many units of pollution will the firm choose to clean up?
0 units of pollution will the firm choose to clean up.
Pollution is the introduction of dangerous materials into the surroundings. those dangerous substances are referred to as pollution. pollution may be natural, together with volcanic ash. They also can be created by using human hobbies, which include trash or runoff produced through factories.
Pollutants in the creation of contaminants into the herbal surroundings that purpose negative exchange. Pollutants can take the shape of any substance or power. Pollutants, the additives of pollutants, may be either overseas substances/energies or naturally taking place contaminants.
The principal styles of pollutants, normally categorized by means of surroundings, are air pollutants, water pollutants, and land pollutants. Modern-day society is also concerned about precise sorts of pollution, together with noise pollutants, light pollution, and plastic pollutants.
Learn more about Pollution here https://brainly.com/question/24704410
#SPJ4
A disadvantage of the direct write-off method is that bad debts expense is often not matched with sales.
a) true
b) false
The statement, a disadvantage of the direct write-off method is that bad debts expense is often not matched with sales, is true.
The direct write-off method refers to an accounting method by which uncollectible accounts receivable are written off as bad debt. The bad debts expense account is debited and accounts receivable is credited.
The disadvantages of the direct write-off method is that it violates the matching principle. This is because according to the matching principle, expenses need to be reported in the same period in which they were incurred.
Hence, a disadvantage of the direct write-off method is that bad debts expense is often not matched with sales.
To learn more about the direct write-off method here:
https://brainly.com/question/13708711
#SPJ4
A _____ holds the perception that the government should actively intervene or regulate the economy and promote the amelioration of economic inequality through social welfare programs.
A liberal ideology holds the perception that the government should actively intervene or regulate the economy and promote the amelioration of economic inequality through social welfare programs.
What is a liberalism ideology?
A political and moral ideology known as liberalism is founded on individual liberties, freedoms, the consent of the governed, and equality before the law.
What is liberal ideology AP Gov?
A person who wants less regulation of individual social behavior but favors a more active federal government for social welfare, minority rights, and commercial regulation.
What do liberals believe about the economy?
In the market economy, economic liberals typically oppose protectionism and government intervention when those actions stifle free trade and competition but support such actions to uphold property rights and correct market imperfections.
Learn more about Liberal ideology: https://brainly.com/question/28101659
#SPJ4
Jan's tees aims to create t-shirts from natural materials that are fully reusable and recyclable so that the firm uses zero resources to manufacture the shirts. This is known as?
Jan's tees aim to create t-shirts from natural materials that are fully reusable and recyclable so that the firm uses zero resources to manufacture the shirts. This is known as cradle-to-cradle thinking.
Greenwashing is the process of giving false impressions or misleading information about how a company's products can be made more environmentally friendly. Greenwashing is seen as unsubstantiated claims to deceive consumers into thinking that a company's products are environmentally friendly.
Greenwashing is the process of misleading consumers and falsifying facts in order to portray a product as sustainable, environmentally friendly, and ethical. It's mismarketing and, unfortunately, a hindrance to real progress when it comes to brand accountability and customer knowledge.
Greenwashing presents non-climate-friendly or eco-friendly products as climate-friendly or eco-friendly, says Jeremy moss, professor of art, design, and architecture.
Learn more about Greenwashing here https://brainly.com/question/21992794
#SPJ4
Central style wants joanna gaines from hgtv to mention their reclaimed wood furniture in her blog. they are willing to pay her top dollar because of her popularity. this is an example of:________.
This is an example of: online advertising
on-line advertising, also known as online marketing, internet advertising and marketing, virtual advertising or web advertising, is a shape of marketing and advertising and marketing which makes use of the internet to sell products and services to audiences and platform users.
Content marketing is one of the first-rate on line advertising techniques because it could guide other marketing and advertising and marketing efforts, like social media, paid seek, and even seo. this is why companies make content material a middle part of their approach.
Advertisements can growth familiarity and accept as true with among a employer and its clients. If a potential customer sees more than one commercials about your product, they may recollect you a relied on logo. you can additionally use advertising to address any concerns, which similarly builds accept as true with between your agency and your customers.
Learn more about Online advertising here: https://brainly.com/question/1264922
#SPJ4
Ten years ago, lucas inc. earned $0.50 per share. its earnings this year were $3.60. what was the growth rate in earnings per share (eps) over the 10-year period?
21.82 % is the growth rate in earning per share over 10 years period .
Step by step solution :
Earnings per share is the monetary value of earnings per outstanding share of common stock of company .
Growth multiple = EPS in current year ÷ EPS OF 10th year before
Growth multiple = $3.60 ÷ $0.50
Growth multiple = 7.20
Next, raise the [tex]\frac{1}{10} th[/tex] power of the growth rate as it required to compute the growth rate in 10 years
7.20[tex]\frac{1}{10}[/tex] = 1.2182
Now , 1 is to be subtracted from the 1.2182
1.21 - 1 = 0.2182
the final step , multiply 0.2182 by 100 to obtained the answer in percentage
0.2182 × 100 = 21.82%
Learn more about Earning per share :
brainly.com/question/17186859
#SPJ4
An increase in the minimum wage is likely to increase production cost for firms who hire entry level, unskilled workers. True or false?.
This statement is true that the minimum wages is likely to increase production costs for firms who hire entry level, unskilled workers.
What does the minimum wage do?
The minimum wage is the lowest wage that employers can legally pay workers.
Thus, it is a price floor.
The FLSA also includes provisions mandating time and one-half overtime pay and restrictions on the use of child labor.
Learn more about minimum wage here:
https://brainly.com/question/18304500
#SPJ4
When someone travels for business often, but calls his or her spouse every day they are apart, this is an example of a(n) ______.
When someone travels for business often, but calls his or her spouse every day they are apart, this is an example of a(n) Introspective unit
What do you understand by Introspective?
Direct evidence of a relationship's existence while a partner isn't present physically, such as texting
Why is communication so hard in relationships?
Most of the time, we don't even completely understand how we feel or what we want from relationships. It is so much easier to focus on our partner's behavior and place the blame there rather than taking a careful look inside and paying close attention to our own wants and feelings.
Why communication breaks down in a relationship?
The breakdown of communication between the partners in a relationship can occasionally be brought on by recurring disagreements or stresses over a number of topics. Such a breakdown in communication frequently results in "toxic," unhealthy patterns of behavior in which the couples interact with one another in a cruel and counterproductive way.
Learn more about Introspective unit: https://brainly.com/question/2514993
#SPJ4
Strategic management is the method by which managers from all organizational levels work together to set organizational goals and then formulate and implement plans to meet the goals and advance the organization’s purpose. True or false?.
Answer:
true
Explanation:
The process through which managers from across all levels of the organization collaborate to identify the goals of the organization, develop and carry out plans to achieve the goals and further the project objective is known as corporate strategy.
Who is a manager?The term "manager" refers to a person who is responsible for leading or managing an organization. He or she acts as a leader by establishing goals and assigning tasks, and he or she also displays certain leadership qualities that aid in the efficient operation of the organization.
A well-defined corporate strategy will help to determine a company's total worth, develop key goals, and inspire staff to meet them. With the help of this goal, the management was planning and the goal need to be achieved for the same.
Therefore, the statement given is true.
Learn more about manager, here:
https://brainly.com/question/28017308
#SPJ2
