The correct characteristic of a traditional strategic planning approach is: the CEO and the head of planning get together to devise a corporate plan, which is then handed to the operating people for execution.
Strategic planning is an organization's procedure for describing its strategy, or direction, and making decisions on how to deploy its resources to accomplish this strategy. Strategic planning is a long-term process that sets out a direction for an organization and a means of getting there.
It determines what an organization should do to thrive in the future. It entails a variety of management activities that are necessary to assess an organization's current situation, forecast future events, establish strategic goals and objectives, and establish and implement the necessary plans to achieve those objectives.
Therefore, the CEO and the head of planning collaborate to develop a corporate plan, which is then passed to operating personnel for implementation.
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an example of a nontariff barrier would be ________. lower prices
An example of a nontariff barrier would be implementing strict regulations and standards on imported products. lower prices
An example of a nontariff barrier would be implementing strict regulations and standards on imported products. This can include safety and health standards, environmental regulations, and product labeling requirements. These regulations can be seen as barriers to trade as they can increase the cost of production and limit the availability of foreign products in the domestic market.
For instance, countries may require specific labeling standards for imported products, such as mandatory nutrition labels or country of origin labeling. These labeling requirements can be costly for exporters to comply with and can lead to delays in shipments. Similarly, countries may impose restrictions on the importation of certain products, such as restrictions on the importation of genetically modified foods or products that do not meet environmental regulations.
In some cases, these nontariff barriers can be used to protect domestic industries from foreign competition. For example, a country may require all imported cars to meet certain environmental or safety standards that are difficult for foreign car manufacturers to comply with, effectively limiting the availability of foreign cars in the domestic market.
Overall, nontariff barriers can have a significant impact on international trade and can lead to increased costs and limited availability of imported products in the domestic market.
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An example of a non-tariff barrier would not be lower prices. Non-tariff barriers are government-imposed measures other than tariffs that restrict imports or exports of goods or services.
Some common examples of non-tariff barriers include import quotas, licensing requirements, technical standards, and product safety regulations. These barriers can be used to protect domestic industries, safeguard public health and safety, or address environmental concerns.
Lower prices, on the other hand, can be a result of increased competition or changes in market conditions, but they are not considered a non-tariff barrier because they do not restrict or regulate trade between countries.
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Identify some problems associated with the use of fiscal policy.
Fiscal policy is a powerful tool for governments to manage the economy, but there are some problems associated with its use.
One problem is that it can be difficult to implement fiscal policy effectively. This is because changes in government spending and taxation take time to have an impact on the economy, and it can be challenging to predict exactly how much of an effect they will have. Another problem with fiscal policy is that it can be politically unpopular. Increasing taxes or cutting spending can be difficult decisions for politicians to make, especially if they are worried about losing support from voters. This can lead to a reluctance to use fiscal policy to address economic problems, or to using it in a way that is not optimal for the economy. Additionally, fiscal policy can be subject to unintended consequences. For example, increasing government spending to stimulate the economy can lead to inflation if it is not balanced with tax increases or cuts to other spending. Similarly, tax cuts may not have the intended effect if they are not targeted at the right groups or if they are not accompanied by spending cuts. Overall, while fiscal policy can be a useful tool for managing the economy, it is important to be aware of these problems and to use it in a careful and considered way.
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All of the following are private businesses that collect and publish financial information on similar businesses and industries EXCEPT
a. Standard and Poor's.
O b. the National Federation of Independent Business.
c. Dun and Bradstreet.
d. Value Line.
The National Federation of Independent Business (NFIB) is not a private business that collects and publishes financial information on similar businesses and industries. Option B
Instead, NFIB is a nonprofit organization that provides advocacy, education, and networking opportunities for small businesses in the United States.
Standard and Poor's (S&P) is a leading provider of financial market intelligence, including credit ratings, indices, and analytics. S&P provides independent research, ratings, and benchmarking tools that help investors make informed decisions about investments.
Dun and Bradstreet (D&B) is another leading provider of business intelligence, providing data analytics, credit reporting, and other risk management solutions. D&B collects and analyzes data on millions of businesses worldwide to provide insights into market trends, financial performance, and other business metrics.
Value Line is an independent investment research firm that provides in-depth analysis and commentary on individual stocks, mutual funds, and other investments. Value Line's research tools and reports are widely used by investors and financial advisors to help them make informed investment decisions.
Overall, all of these private businesses are essential sources of financial information and analysis for investors, business owners, and other stakeholders. While NFIB does not provide financial data, its advocacy and education programs are critical for small businesses, which are an important driver of economic growth and job creation. Option B
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A large farm wants to try out a new type of fertilizer to evaluate whether it will improve the farm's corn production. the land is broken into plots that produce an average of 1,215 pounds of corn with a standard deviation of 94 pounds per plot. the owner is interested in detecting any average difference of at least 40 pounds per plot. how many plots of land would be needed for the experiment if the desired power level is 90%
Answer:
sample size, n = 116 land plots
Explanation:
n = sample size = (confidence level² · standard deviation²) / standard error²
assuming that we want a two tailed bell curve, z = 0.1 / 2 = 0.5, so z score = 1.645standard deviation = 94 poundsstandard error = 14.35n = (1.645² · 94²) / 14.35² = 23,910.4369 / 205.953 = 116.1 ≈ 116 land plots
Miguel is NOT very self-aware. How will this MOST likely affect his upcoming job search process?
A.
He will be able to clearly state what he is looking for in a future career.
B.
He will be offered several high-paying jobs that he will love.
C.
He will be able to find a great job that suits his goals and skills.
D.
He will have a tough time finding a job that fits his interests.
Answer:
D. He will have a tough time finding a job that fits his interests.
Explanation:
The other answers require a sense of self-awareness.
write about veterinary service available in you locality
Answer:
write your locality not my locality there is your locality
Still haven't got corona, even a global pandemic don't want me..
Answer:
Same Who knows Can't Say that until this Pandemic Over
Explanation:
QuestionCove its Aight My User KazGotFetee
The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods.
The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods is known as "net profit." Net profit is an important financial metric for businesses, as it indicates the company's overall financial health and profitability.
To calculate net profit, one must consider various costs and expenses incurred in the business operation. Firstly, the cost of bringing goods into the store, also called the cost of goods sold (COGS), should be considered. This includes expenses like purchasing the products, shipping, and storage.
Secondly, operating expenses need to be taken into account. These include expenses associated with running the business, such as rent, utilities, salaries, and marketing efforts. Once you have the total costs and expenses, subtract them from the total sales revenue generated by selling the goods.Net profit = Sales revenue - (Cost of goods sold + Operating expenses)Understanding net profit is essential for businesses to make informed decisions about pricing, investments, and expansion.
By maximizing net profit, companies can increase their financial stability, reinvest in the business, and provide a return on investment for stakeholders. However, it's crucial to maintain a balance between cost reduction and maintaining product quality, as focusing solely on increasing net profit can lead to decreased customer satisfaction and long-term negative impacts on the business.
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Which objective is NOT appropriate for an informational interview?
A.
Discover what you can expect in a certain career field.
B.
Practice your tips and skills for a professional interview.
C.
Initiate a relationship that could help you get ahead in your career.
D.
Get hired at the company that you’re interested in working for.
E.
Tell your interviewer about difficult experiences in your previous jobs.
Answer:
it has to be E.
I have plato too
The objective that is NOT appropriate for an informational interview is option D: "Get hired at the company that you’re interested in working for."
What is informational interview?An informational interview is a meeting between a job seeker and a professional who is already working in the field or industry of interest.
The purpose of the meeting is for the job seeker to gather information, advice, and insights from the professional to help them better understand the field and make informed decisions about their career path.
The job seeker typically initiates the informational interview by reaching out to the professional either through email, phone call, or social media. During the meeting, the job seeker should have a set of prepared questions to ask the professional, and they should be open to any advice or feedback that the professional may have for them.
Unlike a traditional job interview, the goal of an informational interview is not to secure a job, but rather to gain a better understanding of the industry, career path, or company.
It's an opportunity to learn about the skills and qualifications required for the job, potential career paths, current trends, and challenges in the industry.
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sometimes wages are set above the equilibrium level when firms pay a. more attractive salespeople higher wages than less attractive salespeople. b. workers with more seniority higher wages than newly hired workers. c. compensating differentials to workers who work the night shift. d. efficiency wages to reduce turnover.
Sometimes wages are set above the equilibrium level when firms pay :efficiency wages to reduce turnover.
How can the theory of efficiency wages account for salaries beyond the level of equilibrium?Henry Ford came up with this theory: if you pay a wage that is higher than the equilibrium level, employees know that the next best thing is a lot lower wage and they want to put in more effort to maintain the job they currently have. This is an efficiency wage designed to inspire employees.Theory that suggests businesses perform better when salaries are higher than the equilibrium level. While the efficiency wage theory claims that such restrictions aren't always essential since firms may be better off retaining salaries above the equilibrium level, minimum wage regulations prevent businesses from cutting wages.To learn more about equilibrium level refer to:
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Which of the following is a common way to describe a product that is being offered for sale? (Select the best answer.)
Which of the following is a common way to describe a product that is being offered for sale? (Select the best answer.)
In business
On exchange
On the market
In the market
Answer:
On the market
Explanation:
On the market is the phrase that refers to items that have been offered to the market for sale. When an item has been labeled 'on the market,' it means the item is available for sale. Buyers are invited or welcomed to buy.
In the market is when a buyer is shopping for an item to buy. In the market for a car mean they are looking for a car to buy.
Variable costs fixed costs what is the staticbudget variance of operating income?
Static Budget Variance of operating income is the difference between the actual results and the static budget
These variances are used to assess whether the differences were favorable or unfavorable. If an organization’s actual costs were below the static budget and revenue are exceeded than expectations, the resulting lift in profit would be a favorable result.
Conversely, if revenue didn't at least meet the targets set in the static budget, or if actual costs exceeded the pre-established limits, the results will always lead to lower profits.
A static budget is a type of budget that incorporates different anticipated values about inputs and outputs that are conceived before the period in which question begins.
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80-85% of the world's natural vanilla is supplied by Madagascar, an island nation off the coast of Africa. Linda read a recent article online in one of the main ingredients for the ice cream that she and Cathal will produce in 'Sligo Scoops'. (i) What effect will a shortage of vanilla have on each of the following:
The price of vanilla:
Answer:
Climate change, crime and speculation mean the price of the fragrant spice has skyrocketed from $20 a kilo five years ago to $515 now.
can i doit without pay
Answer:
what?
Explanation:
Define the word inquisitive in entrepreneurship form .
Answer:
Inquisitive, according to the Merriam-Webster Dictionary, means “tending to ask questions: having a desire to know or learn more.” The word is derived from the Latin root inquirere, later becoming inquire, which means to “seek information by questioning.” To be inquisitive is to be curious and hungry for knowledge
Explanation:
1. inclined to ask many questions or seek information; eager to learn. 2. asking more questions than is necessary or proper; prying. SIMILAR WORDS: ˈcurious.
What is a system for storing digital transactions made with cryptocurrency?
A. Biometric authentication
B. QR codes
C. Bitcoin
D. Blockchain
Blockchain technology is a system for storing digital transactions made with cryptocurrency. Thus, option D is correct.
What is cryptocurrency?Cryptocurrencies represent a brand-new approach to money. They pledge to accelerate and reduce the cost of the current monetary structure. Additionally, their technologies and design decentralize current financial systems and enable asset exchange between parties involved.
Blockchain explains how actions are things and archived into "blocks." A digital record of bitcoin exchanges is created as a result, which is challenging for attackers to alter despite being a pretty complicated, technical procedure. Therefore, option D is correct.
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how does free trade tend to benefit society? multiple select question. it helps businesses succeed by monopolizing their industries. it reduces animosity among nations that trade with each other. it encourages businesses to use low-cost production techniques. it spurs economic growth by encouraging business to innovate.
Countries that are open to international trade tend to grow faster, innovate, improve productivity, and provide their citizens with higher incomes and more opportunities. hence option C and D is correct
What is Free Trade ?Open trade also benefits lower-income households by making goods and services more affordable to them.
Trade is critical to America's prosperity because it fuels economic growth, supports good jobs at home, raises living standards, and allows Americans to provide affordable goods and services for their families.
Free trade agreements do more than just reduce and eliminate tariffs; they also assist in addressing behind-the-border barriers that would otherwise impede the flow of goods and services; encouraging investment; and improving rules governing issues such as intellectual property, e-commerce, and government procurement.
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A two-word phrase in each box. The value of the X (____) Q is equal to the x (_____) K, when equilibrium is reached
The value of the X (quantity demanded) Q is equal to the x (quantity supplied) K when equilibrium is reached
The phrase that fits in each box is "quantity demanded" and "quantity supplied". In economics, the quantity demanded refers to the amount of a particular good or service that consumers are willing and able to purchase at a given price. On the other hand, the quantity supplied refers to the amount of the same good or service that suppliers are willing and able to produce and offer for sale at a given price.
The law of supply and demand states that in a competitive market, the price of a good or service will adjust to bring the quantity supplied and quantity demanded into balance. The point at which this balance is achieved is known as the market equilibrium.
At this point, the quantity demanded (as indicated by Q) is equal to the quantity supplied (as indicated by K), which is why the value of the X (quantity demanded) Q is equal to the x (quantity supplied) K when equilibrium is reached. This equilibrium is a crucial concept in understanding how markets work and how prices are determined.
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Sage met her manager to discuss an issue she was facing in the office. During the meeting, her manager's phone was constantly ringing. This made it difficult for Sage to explain her problem clearly. Her manager, distracted by the ringing phone, could not grasp the significance of the problem and sent Sage back with half-hearted promises to take appropriate action. In this scenario, the ringing telephone represents
Multiple Choice
a) a cue. b) noise. c) a filter. d) a communication channel. e) media richness.
In this scenario, the ringing telephone represents noise. Therefore, the correct answer is b).
What is Noise?Noise refers to any external factors that can interfere with or distort the communication process, making it difficult for the message sender and receiver to clearly understand each other. In this case, the ringing phone distracted both Sage and her manager, leading to an ineffective communication experience.
Noise can simply be defined as a loud or unpleasant sound to the ears. It can serve as a form of distraction or disturbance as the case maybe but ultimately it is unwanted.
In this scenario, the ringing telephone represents b) noise.
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What causes budget deficit?
Answer:
The exact causes of a government budget deficit can be hard to track down, but in general, they are caused by low taxes and high spending. That's because the government's main source of revenue is taxation, so having low tax income means that the government's total income is low.
the King code refers to good corporate governance and emphasizes, among other things, the concepts of transparency and accountability. Explain these concepts in the context of companies
The King Code can be explained as the code providing several benchmark standards for companies to meet in their public filings and business practices.
What is the King Code?The King Code can be understood as that which provides a number of benchmark standards for companies to meet in their public filings and business practices. Offering an overview of how companies should perform can be beneficial for standardizing industries and making an economy more appealing to foreign investors.
Companies use the King Code to guide their activities and must provide explanations when they choose to deviate from the standards set by the code.
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a. commercial consideration vs scientific judgement in approving drugs by fda
The FDA is responsible for evaluating and approving drugs based on both scientific judgment and commercial considerations.
Scientific judgment is the primary factor in the decision-making process, as the agency's main objective is to ensure that a drug is safe and effective for its intended use.
However, commercial considerations such as the potential market size and financial impact of a drug are also taken into account.
This is because the FDA recognizes the need for pharmaceutical companies to make a profit and recoup the costs of developing and bringing a drug to market.
However, it is important to note that commercial considerations must not compromise the safety and efficacy of the drug, and the FDA must ensure that the benefits of the drug outweigh any potential risks before granting approval.
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The level of difficulty a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is:.
The difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
What is vertical integration?It should be noted that vertical integration simply means the process of acquiring business operations towards identical production.
In this case, the difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
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1. Market research depends on high-quality data to be ineffective. True or False
Answer:
Tru
Explanation:
What’s the answer???
All economies are technically mixed.
A. True
B. False
Answer:
True
Explanation:
Every economy in the real world regardless of their common designation (such as capitalism, socialism, or communism) make use of both markets and governments and is technically a mixed economy. ... Governments force allocation through involuntary taxes, laws, restrictions, and regulations.
Answer:
yes
Explanation:
I just know it hope it helps bro
To use a credit card responsibly, you should ______________. Question 11 options: pay off the balance in full each month understand your interest rate and how credit works not apply for several credit cards in a short period of time All of the above
To use a credit card responsibly, you should- a. pay off the balance in full each month, b. understand your interest rate and how credit works and c. not apply for several credit cards in a short period of time.
Hence, option d. All of the aforementioned statements are accurate.
Function of a credit card.A credit card is a payment card given to users (cardholders) to allow them to pay a merchant for products and services based on their accumulated debt.
What is Credit card limit?The Credit Limit, also known as the Credit Card Limit, is the maximum sum that a person may charge on their Credit Card.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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What is the term that describes what a business has to pay to correct defective products?
Answer:
Cost of quality
Explanation:
Apevx
Answer:
cost of quality
Explanation:
Resort Hotel Company replaces Sharon, a forty-five-year-old employee, with Terry. Sharon files a suit against the employer under the Age Discrimination in Employment Act. To establish a prima facie case, she must show, among other things, that she is
As Sharon files the suit against the employer for Age Discrimination, there is need to establish a prima facie case and show that she is Qualified for the position.
What is Age discrimination?An Age discrimination is a class of discrimination that is age-based rather than on race, ethic, gender etc.
In conclusion, Sharon will have to prove that she is Qualified for the position.
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