In large organizations, planning usually takes place at three levels of management. discuss the three levels and steps in the planning and strategy-making process. be sure to consider how they are linked with each other. provide an example that supports your conclusions from current events..

Answers

Answer 1
The three levels of planning is the corporate, business and functional planning
.3 Levels:
1. Corporate level strategy illustrates decisions that affect an entire company.It specifies whichindustry an organization should compete and why?
2. Business level strategy specifies the methods or tactics a business or organization will use togain a competitive advantage over their competition.
3. Function level strategy is the action plan of how each division within a company willpositively add to increase the productivity of goods and services.
3 steps in planning process:
1. Determining the Organization’s Mission and Goals - Throughan analysis of information gathered during environmentalanalysis, managers can determine the direction in which anorganization should move. 2. Formulating Strategy (TacticalPlan) – Analyze the current situation and develop strategies.Strategy formulation requires a series of steps performed insequential order. The steps must be taken in order because theybuild upon one another. 3. Implementing Strategy

Related Questions

"list the major characteristics of a normal probability distribution"

Answers

“Bell shaped” and the mean, median, and mode are all equal and are located in the center of distribution.
Final answer:

The major characteristics of a normal probability distribution are bell-shaped and symmetric about the mean, with the mean, median, and mode all located at the same point. The total area under the curve is one, and the shape of the curve can be influenced by the standard deviation. A special distribution called the standard normal distribution has a mean of zero and a standard deviation of one.

Explanation:

The major characteristics of a normal probability distribution are as follows:

The normal distribution is bell-shaped and symmetric about the mean.The mean, median, and mode of the distribution are all located at the same point.The total area under the curve is equal to one.The shape of the curve can be influenced by the standard deviation, with a larger standard deviation resulting in a wider curve.There are an infinite number of normal probability distributions, but a special distribution called the standard normal distribution has a mean of zero and a standard deviation of one.

Samantha works for an organization that is hierarchical and has a division of labor, written rules, communications, and records. this organization's administration treats workers impersonally. based on these characteristics, we can conclude that samantha works for a(n) ________.

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government hope this helps


Generally with bond ratings, the higher the rating, the ________ the interest rate an investor will receive and the ________ the the risk that the issuer of the bond will default.

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Higher bond ratings mean a lower interest rate and lower default risk for investors. Below investment grade bonds, or junk bonds, appear at higher yields above the Baa line on a risk structure graph due to higher default risk. Bond prices and interest rates are inversely related, and investors demand higher returns for taking on more risk.

Generally with bond ratings, the higher the rating, the lower the interest rate an investor will receive and the lower the risk that the issuer of the bond will default. Corporate bond ratings, which range down to C (for Moody's) or D (for Standard & Poor's), identify the risk level associated with bonds. Bonds with such ratings, also known as B.I.G. or below investment grade bonds, would have higher yields due to their higher default risk, similar tax treatment, and potential for less liquidity. As such, if plotted on a risk structure of interest rates graph, like Figure 6.1 'The risk structure of interest rates in the United States, 1919-2008,' these bonds would land above the Baa line.

Moreover, a typical bond issues payments over time based on the interest rate at issuance by the financial institution and when the borrower repays it. High-yield or junk bonds offer high rates of return but also a higher chance of default. As interest rates for the broader economy change, bonds issued at lower rates become less attractive, thereby causing the investor to suffer an opportunity loss due to being locked into the low rate.

Given that higher bond ratings imply lower default risk, investors need a premium, either through a higher yield or a lower purchase price, to take on the risk of holding lower-rated or longer-term bonds. Therefore, lower credit ratings equate to higher yields for investors as compensation for undertaking additional risk.

Because the demand for the matinee showing is ________________ elastic than the demand for the evening showing, the demand curve for matinees is _______________ than the demand for evening movie showings.

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Because the demand for the matinee showing is HIGHER elastic than the demand for the evening show, the demand curve for the matinee is LARGER than the demand for evening movie showings. The higher the number of people that go to the matinee, the larger the demand will be.

Mira is shopping for office supplies. she selects the items she needs, but she does not recognize any of the brands of file folders, paper clips, or envelopes. this is an example of brand

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In the given scenario above, Mira’s action towards the brand is an example of brand non-recognition. The brand non-recognition is where consumers were not able to identify or recognize the brand of the product of which Mira demonstrates in the scenario above.

Metrics frequently measure items such as time to answer, number of calls per hour, number of complaints per employee, as well as traditional financial metrics. these metrics are types of _____ controls.

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Metrics are part of the operational control in business management. Operational controls ensure the business is within the set standard. These controls are set to manage the daily operations of the business output in relation to product specification, program, and value.
Final answer:

The methods described are types of quantitative controls utilized in business contexts. These provide crucial numerical data for statistical analysis and performance assessment, often sourced from tools like questionnaires.

Explanation:

The metrics which measure items such as time to answer, number of calls per hour, and number of complaints per employee, along with traditional financial metrics, are types of quantitative controls. Quantitative controls are used in businesses to systematically measure and compare performance. They provide numerical data, which can be statistically analyzed and utilized to identify gaps in performance, streamline operations, and drive strategic business decisions. As illustrated by the reference information, a common method of gathering this data is through questionnaires, where subjects answer a series of yes-or-no or multiple-choice questions. This collected data, being in numerical form, allows researchers to calculate metrics like percentages, facilitating further analysis and problem-solving.

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When choosing between spot checks/hidden video cameras in the workplace and pay-for-performance pay schemes to influence worker performance:?

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Spot checks and hidden video cameras are successful and comparatively reasonably priced to implement at the start. The inconvenience is that spot checks and hidden video cameras may affect the confidence of the workers and furthermore, executing hidden cameras needs more workers to observe and monitor the camera output videos. The benefit of pay-for-performance schemes is that it may be easier for a manager can examine individual worker or a group of worker's performances, but pay-for-performance schemes are costly. Besides, when output is a function of group performance or its excellence is not easy to calculate, an individual's role to the output may not be recognizable.

What is the "heart" of the eight work characteristics for sales success

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What is the "heart" of the eight work characteristics for sales success answer:love of selling


Larimer Mfg. has placed all the die cast machines in one​ area, the machining centers into a different​ area, and the finished goods in a warehouse room. Larimer is using​ ______________ departmentalization.

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The answer is functional departmentalization. In practical departmentalization, an association is composed into divisions in light of the particular capacities each performs for the association. For instance, an assembling organization may make a generation office, deals, and showcasing division, a bookkeeping office, and a HR office.

Lairimer Mfg. is using a functional departmentalization. This type of departmentalization focuses in having departments to be arranged or organized base on their given roles or functions in the group or the organization that they are involved in—in which the way they arrange the area in their company base on their functions is a way of depicting functional departmentalization.

Bags of​ free-range dog biscuits every year. the fixed ordering cost is

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The fixed ordering cost would be:
The total amount of ordering cost - The total variable costs that incurred on the orders.
The fixed cost in this context refers to the type of cost that wouldn't be affected by the amount og goods/materials that being ordered in the transacitons.

A midwestern city negotiates a deal with a company to operate its parking meter system. the city will receive a lump sum payment of several million​ dollars, and the company will have the rights to​ operate, maintain, and collect the revenue from the parking meters. this is an example of​ _______.
a. privatization
b. socialism
c. a planned economy
d. monopolistic competition
e. perfect competition

Answers

That is an example of privatization. The transfer of possession, assets or commerce from the government to the private sector is called privatization. The government ends to be the owner of the entity or business. The development in which a publicly-traded corporation is taken over by a few individuals is also called privatization.

When using acronyms , if there is any chance that your reader may not understand the initials?

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Hello!

The correct answer would be: Yes, your reader may sometimes have trouble understanding certain acronyms and initials.

I hope my answer benefited you! :)

Q 7.8: why do companies often use the gross method of recording cash discounts if the net method is theoretically more correct?

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Using the gross method of recording cash discounts, one will record the transaction at full amount without the discount applied yet. If the customer avails the discount, then another entry will include the discount. This is the more preferred method of recording cash discounts because it allows you to see the details of discounts and monitor the costs that the company has incurred with the discounts. 

Why is segmentation recommended for network design? that is, what makes it better to have a separate network segment for web servers, one for the back-end office processing, one for testing new code, and one for system management?

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Segmentation is recommended for network design because it enforces physical separation, where test code could bring down the whole corporate network, which would cause far more damage and chaos than just crashing the testing LAN if there was no physical separation. Example scenario would be: If the testing network is completely isolated, it is not possible for a piece of test code to accidentally affect the management LAN or back-end processing LAN. It might affect the whole testing network, but it will be isolated to that one segment.



One way that nike can examine retention of its female consumers is to review their purchases over several timeframes. this is also called

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This is also called PANEL RESEARCH.
Panel research is the process of surveying a particular set of consumers who has been buying a particular product from a company for a long time. The purpose of panel research is to obtain the views of the consumers about the product and to use the information obtained to improve the product.

Final answer:

Nike can use cohort analysis or customer retention analysis to examine retention of its female consumers by reviewing their purchases over different timeframes. This method helps in understanding consumer behavior and guides research and development efforts to improve product offerings tailored for women.

Explanation:

One way that Nike can examine the retention of its female consumers is by analyzing their purchasing behaviors over various timeframes; a process often referred to as cohort analysis or customer retention analysis. This method involves segmenting consumers into groups based on specific starting points, such as the first purchase date, and then tracking their interactions with the company's products or services over a specified period of time.

This analysis is not only crucial for understanding customer loyalty and repeat purchase rates but also plays a significant role in research and development. By understanding the consumer behaviors, Nike can better tailor its products to meet the needs and preferences of their female consumers, which is likely to result in improved customer satisfaction and loyalty.

Upon seeing the fraser's spiral, most people must carefully trace one of the circles to confirm what is "real" in the design. this is an example of

Answers

the answer to this question is Reality testing
In business term, Reality testing refers to the process to separate our emotion to see the actual situation that revolves around us.
By doing this, we will keep ourselves from relying on negative emotions to make a decision and start to use objective measures to predict the outcome.

Ron shaich talks about how important it is to work with people at the franchisee level, vendors, suppliers, and customers. the idea he is describing (making sure that the objectives of all of these stakeholders align from the top down) is known as _________.

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Ron Schaich is known for his planning and controlling cycle. The said idea tackles that in every company, the top management should see to it that each of their member or people will also observe the same objectives that they set for the company. And that the company's objectives also support the objectives of the stakeholders with whom the company is also working with.

Which career would organize,train and support teachers and educational workers to help them provide better instruction?

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instructional coordinator 

The answer is Instructional coordinator.

The amount of energy absorbed by a vehicle in an impact is related to __________

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The speed and weight of the vehicle, and whether the object it impacted absorbed any energy.
Absorbed might be a poor word as a vehicle can only absorb so much energy, some will change the direction of movement, and so on.
The things we need to look at are:
the speed of the impact (this is the answer you are looking for)
The speed and direction of the vehicle after impact

How would the salary of the chief financial officer be classified for a manufacturing company?

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The salary of the chief financial officer would be classified as an administrative cost, whether for a manufacturing company or other company. Administrative costs include the salaries of most of the employees of a company.
Final answer:

The salary of a CFO in a manufacturing company is classified as an expense on the income statement.

Explanation:The salary of the chief financial officer (CFO) in a manufacturing company



In a manufacturing company, the salary of the chief financial officer (CFO) would typically be classified as an expense in the operating expenses section of the company's income statement. This is because the CFO's salary is considered a cost of doing business for the company.



The CFO is responsible for managing the company's finances, including finances related to the manufacturing process, such as the procurement of raw materials, inventory management, and cost control. Their role is essential in ensuring the financial health and profitability of the company, and their salary reflects their level of responsibility and expertise.

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Some organizational factors increase a project's likelihood of success. identify these "facilitators" for the green project.

Answers

The facilitators for the Green Project are the following:

1. The CIO, Brian Smith, since the Green Project is under him.

2. The PM of the Green Project, Werner McCann

3. The Usability Expert, Linda Perkins.

These persons are the ones who will facilitate the Green Project.

Hewlett-packard is currently exploring new products and markets through the development of digital imaging products in its plants in india, south africa, and the united states. to jump-start this innovative process, hewlett-packard can ____ across all of its plants around the world.

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The answer is; hewlett-packard can establish creative work environments across all of its plants around the world.
Hewlett-packard is multinational information technology company based in America.
An innovative or creative workplace is a work environment culture in which specialists see that new thoughts are invited, esteemed, and energized and it is a critical precondition for investigating new items and markets.

Use function getuserinfo to get a user's information. if user enters 20 and holly, sample program output is:

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Final answer:

The question is about the utilization of a function named 'getUserInfo' to retrieve the related data of the user by entering the values '20', 'Holly'. Briefly, the function is designed to fetch information from a database using the given parameters.

Explanation:

From the question, it seems you are trying to learn how to use a function named getUserInfo in order to retrieve a user's data in programming. If a user enters '20' and 'holly', the program should return their respective information. To illustrate, let's assume you're working with a database that holds user information, and getUserInfo is a function you've defined to fetch this data. Here's an example of how it might look:

function getUserInfo(id, name) [
//Access database with the id and name
]Now, if you call getUserInfo(20, 'holly'), the function would fetch and return the information related to the user whose id is 20 and name is 'Holly'.

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The debt-to-asset ratio is classified under _____ ratios.

Answers

The debt-to-asset ratio is classified under Financial Leverage Ratios. Financial leverage ratios indicate the firm's solvency if it is long-term or not. Debt-to-asset ratio provides the percentage of the total assets financed by liabilities, creditors, and debt. It is calculated by dividing the total liabilities by the total assets. 

Mccracken​ roofing, inc., common stock paid a dividend of ​$1.161.16 per share last year. the company expects earnings and dividends to grow at a rate of 66​% per year for the foreseeable future.
a. what required rate of return for this stock would result in a price per share of ​$2222​?
b. if mccracken expects both earnings and dividends to grow at an annual rate of 1111​%, what required rate of return would result in a price per share of ​$2222​?

Answers

The solution for the problem is:

a.       Ks = D1 / P0 + g

= 1.16 x 1.06 / 22 + 0.06

= 1.2296/22 + 0.06

= 0.056 + 0.06

= 0.116 or 11.6% would be the required rate of return for this stock.

 

b.      Ks = 1.16 x (1.11) / 22 + .11

= 1.2876/22 + .11

= 0.059 + .11

= 0.169 or 16.9% would be the required rate of return if Mccracken expects both earnings and dividends to grow.

 

The majority of private sector employment in the u.s. economy is in the

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Final answer:

The majority of private sector employment in the U.S. economy is in the service industries/tertiary sector.

Explanation:

In the U.S. economy, the majority of private sector employment is in the service industries or the tertiary sector,. According to the U.S. Bureau of Labor Statistics, almost 80 percent of the workforce in the United States is employed in the tertiary sector, which includes services such as education, financial services, and business and professional services.

This growth in the service sector has led to a shift in the American economy, with manufacturing jobs being replaced by service sector jobs. While some service sector jobs are well-paying, others are not, leading to a widening gap between the upper class and the working poor.

A manufacturer of luxury yachts would use which type of costing​ system?
a. job costing
b. process costing
c. neither job or process
d. both job and process

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The answer is Job costing. Because Job costing is used for small production of unique products such as yachts.

Which option is the best way to organize a document into topics?
A. Using bold font
B. Using headers
C. Using bullet points
D. Using a numbered list

Answers

The best way to organize a document or research being written into topics is by B. Using headers.

What is the purpose of headers?

In word software, headers are used to make topics stand out from the rest of the text by changing their size and color (sometimes).

This allows for the document to be easily organized by topics because the topics will stand out easily and demarcate the document in doing so.

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Final answer:

To organize a document into topics, the most effective method is using headers. Headers divide the document into clear sections and provide a brief overview of each section's content, aiding in easy navigation.

Explanation:

The best method to organize a document into topics is Option B: Using headers. Headers break the document into clear, manageable sections and give a brief summary of what each section is about. It helps the reader to navigate through the document easily. On the other hand, bold fonts are generally used to bring attention to important points within sections, bullet points are used for listing items or ideas, and a numbered list is used when the order of items matters.

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The annual output and prices of a 3-good economy are shown in the table below. instructions: enter your answers as whole numbers.
a. what was gdp in year 1? $ .
b. what was gdp in year 2? $

Answers

In getting the GDP or Gross Domestic Product for year 1 and year 2, you should multiply the price to the quantity of goods sold and add them all up.

 

For GDP Year 1

 

Given:

 

Quarts of Ice Cream with a price of $6 and 4 quantity of goods.

 

Bottle of Shampoo with a price of $5 and 2 quantity of goods.

 

Jars of Peanut butter with a price of $3 and 4 quantity of goods.

 

= (6 x 4) + (5 x 2) + (3 x 4)

 

= $46

 

For GDP Year 2, the same products with different price and quantity.

 

= (6 x 6) + (5 x 3) + (3 x 3)

 

= $60

During its first year of operations, mack's plumbing supply co. had sales of $630,000, wrote off $10,100 of accounts as uncollectible using the direct write-off method, and reported net income of $69,300. determine what the net income would have been if the allowance method had been used, and the company estimated that 1 3/4% of sales would be uncollectible.

Answers

Final answer:

The net income for Mack's Plumbing Supply Co. would have been $68,375 if it had used the allowance method, estimating 1.75% of sales as uncollectible instead of using the direct write-off method, which resulted in a reported net income of $69,300.

Explanation:

The student is asking how to calculate the net income for Mack's Plumbing Supply Co. if it had used the allowance method for accounting for uncollectible accounts rather than the direct write-off method. In the scenario provided, the company's sales were $630,000, and it wrote off $10,100 as uncollectible using the direct write-off method. The reported net income was $69,300. Under the allowance method, the company would estimate future uncollectible accounts as a percentage of sales, which is given as 1 3/4% or 1.75%.

To calculate the net income under the allowance method, first, we need to compute the estimated uncollectible amount: $630,000 × 0.0175 = $11,025. This amount would be recorded as a bad debt expense. The net income would then be adjusted as follows: Original net income of $69,300 minus the difference between the allowance method's expense and the direct write-off amount ($11,025 minus $10,100 = $925). So, the adjusted net income would be $69,300 minus $925, or $68,375.

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