The top management of Clear Chemical Inc. creates a strategic plan to enter new product markets within a period of five years. The company's middle management creates six-month plans to ensure that the objectives of the strategic plan are properly implemented. Along with these plans, each department creates short-term plans that specify the actions to be taken by specific employees and teams to meet the objectives of the strategic plan and the six-month plans. These short-term plans established at the departmental level are referred to as

Answers

Answer 1

Answer: Operational plans

Explanation:

Operational plans are those created by the lower level management in order to enable them to reach the goals established by the middle level management above them.

This is the way a business works. The top level management comes up with strategic plans that are to lead the company forward. The middle level management comes up with tactical plans to meet those strategic plans and the lower level management comes up with operational plans to meet those tactical plans.


Related Questions

A decline in the number of _______ jobs has helped create conditions leading to an increase in the number of high-poverty communities during the past few decades.

Answers

Answer:

manufacturing

Explanation:

The activity that causes changes in the behavior of costs is referred to as the activity ____________.

Answers

Answer:

"Index" is the right answer.

Explanation:

This same activity index gives a visual representation that results in improvement throughout the financial parameters. Indexes that seek to give or present a comprehensive overview including its economic situation.It, therefore, makes it possible for administrators to decide on appropriate feedback expenses.

Thus the above is the correct answer.

The relative price of good X is 5 units of good Y. It follows that the absolute price of good X can be ______________ and the absolute price of good Y can be ___________.

Answers

Answer:

$40,000 and $8,000

Explanation:

Relative price of good X is 5 units of good Y. The absolute value of good X is $40,000. Absolute value is the original value of a good while relative value is based on price of some identical or similar good. The absolute value of good Y is $8,000.

if government expenditure on goods and services increase by​ $100 billion, then aggregate demand​ _____ if the multiplier exists according to the keynesian model

Answers

Answer: increases

Explanation:

If there is a multiplier, then government expenditure increasing in an economy will lead to aggregate demand increasing as well. This increase will be the product of the increase in government expenditure and the multiplier.

The multiplier is calculated by dividing the formula:

= 1 / (1 - Marginal propensity to consume)

If the MPC is 0.8 in the scenario above for instance, the multiplier would be:

= 1 / ( 1 - 0.8)

= 5

The increase in aggregate demand would be:

= 5 * 100

= $500 billion

New technologies such as ________ and ________ led to a new boom era of oil and gas production in Texas beginning in 2008 and continuing through today.

Answers

Answer:

drilling; fracking

Explanation:

On January 1, 2015, Danville Corporation acquired a machine at a cost of $60,000. The machine's service life was estimated to be ten years and its residual value to be $6,000. The straight-line method was used for depreciation. On January 1, 2020, the machine was no longer useful and was sold for $3,000. For 2020, in regard to this machine, how much of a loss should Danville record

Answers

Answer:

Loss= $30,000

Explanation:

First, we need to calculate the annual depreciation and the accumulated depreciation at the moment of the sale:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (60,000 - 6,000) / 10

Annual depreciation= $5,400

Accumulated depreciation= 5,400*5= $27,000

Now, the book value and loss from the sale:

Book value= 60,000 - 27,000= $33,000

Loss= selling price - book value

Loss= 33,000 - 3,000

Loss= $30,000

Jackie works as a sales rep for a company that produces and sells steel used in building construction. Jackie is in __________ sales. G2B B2C B2B C2C G2G

Answers

Answer:

B2B

Explanation:

B2B (business-to-business) is a marketing strategy that deals with meeting the needs of other businesses, by selling products or services to the organizations for resale to other consumers, used in production of goods or for the operation of an organisation.

Generally, a B2B (business-to-business) model focuses on facilitating sales transactions between businesses.

In this scenario, Jackie is employed to work as a sales rep for a company that is into the production and sales of steel used in building construction.

Hence, Jackie is in Business to business (B2B) sales.

Crane Company purchases equipment for $2740 and supplies for $510 from Wildhorse Co. for $3250 cash. The entry for this transaction will include a debit to Equipment $2740 and a debit to Supplies Expense $510 for Wildhorse. credit to Accounts Payable for Crane. debit to Equipment $2740 and a debit to Supplies $510 for Crane. credit to Cash for Wildhorse.

Answers

Answer:

Date                    Account Title                                    Debit              Credit

XX-XX-XX           Equipment                                    $2,760

                            Supplies                                       $   500

                            Cash                                                                     $3,250

Jen's Shampoo decides to decrease the sales price for a bottle of shampoo from $28 to $23. The variable costs decrease from $12 to $8 and the total fixed costs decrease from $30,000 to $18,000. The changes result in the number of units sold declining from 4,375 to 4,300 units. If net income was originally $40,000, how much will net income increase or decrease

Answers

Answer:

it increases by 6,500

Explanation:

Your uncle passed away and left you and your siblings his private property. He owned a 180 acre ranch and there are 3 of you. Each acre is valued at approximately $3,000. This means the monetary value for each sibling will be:

Answers

Find the total value by multiplying total acres by price per acre:

180 x 3000 = $540,000

Divide total value by number of siblings:

540,000 / 3 = $180,000

Answer: $180,000

Total acre of property = 180 acres
Each sibling will receive = 180/3
= 60 acres
If 1 acre = $3000
Then 60acres = 60• 3000
=$180,000
Therefore, the monetary value for each sibling will be $180,000

The soft drink, candy, and snack vending machines found in the Business building at University of Texas at Arlington are examples of: Group of answer choices automatic vending. self-service technologies. direct marketing. direct retailing. none of these.

Answers

Answer:

automatic vending

Explanation:

Classical economist David Hume observed that as the money supply expanded after gold discoveries it took some time for prices to rise and in the meantime the economy enjoyed higher employment and production. This is inconsistent with monetary neutrality because monetary neutrality would mean that a. the prices should have risen, but production should not have changed. b. neither prices nor production should have risen. c. production should have risen, but prices should not have. d. the prices and production should both have fallen.

Answers

Answer:

a. the prices should have risen, but production should not have changed.

Explanation:

In the case when the money supply is expanded after considering the discoveries of gold so here the prices are increased due to which the economy as the higher employment and the production level. But it is not consistent with the monetary neutrality as the prices are increased but the production level remain same or unchanged

How investment tax credit and employment tax credit can be used to address unemployment?

Answers

Answer:

Investment tax credit means that companies will pay less taxes if they invest in new projects. These new projects will need people to work on them for it to be successful. When companies take advantage of investment tax credits therefore and invest, they end up hiring people which would reduce unemployment.

Employment tax credit has a more direct effect on unemployment. It reduces taxes per worker hired so if an employer wants to take advantage of this, they should employ more people which would directly reduce unemployment.

True or False: Timothy, Jude, and Eric are working in the marketing department of a multinational corporation. They each have similar backgrounds and experience and are thinking about leaving their current company to start their own business. Successful entrepreneurial teams are comprised of these types of people because similarities in knowledge and skill ensure harmony and consistency in their new business.

Answers

I guess answer is true may be

Answer:

TRUE

Explanation:

. Issued $265000 of par value common stock for cash. 2. Recorded and paid wages expense of $127200. 3. Acquired land by issuing common stock of par value $106000. 4. Declared and paid a cash dividend of $21200. 5. Sold a long-term investment (cost $6360) for cash of $6360. 6. Recorded cash sales of $848000. 7. Bought inventory for cash of $339200. 8. Acquired an investment in Zynga stock for cash of $44520. 9. Converted bonds payable to common stock in the amount of $1060000. 10. Repaid a 6-year note payable in the amount of $466400. What is the net cash provided by financing activities

Answers

Answer:

Net Cash used by Financing Activities is $222,600.

Explanation:

Financing Activities are Activities related to sourcing and repayment of debt and capital. Consider only those related events and transactions when determining cash flow from financing activities.

Cash flow from Financing Activities

Issue of common shares                               $265000

Cash dividend paid                                         ($21200)

Repayment of Note Payable                        ($466400)

Net Cash used by Financing Activities       ($222,600)

The level of concern for, or interest in, the purchase process triggered by the need to consider a particular purchase is

Answers

Answer:

purchase involvement

Explanation:

Purchase involvement can be regarded as level of concern or interest that is been raised in course of purchase process, any trigger as a result of

the need to consider a particular purchase result in Purchase involvement. level of consumer involvement is been seen as how interested the consumer is as regards buying as well as consuming a particular product. Those Low-involvement products are been seen as inexpensive, they usually pose low risk if the buyer make a purchase to that product mistakenly.

It should be noted that purchase involvement is the level of concern for, or interest in, the purchase process triggered by the need to consider a particular purchase.

Answer: It is purchase involvement.

True or false: You have to pay to attend college?

Answers

Answer: Most of the time, yes.

Explanation: For most average college students you do have to pay, unless you receive a scholarship. But those are pretty hard to get so i recommend just robbing a bank (DONT ACTUALLY, VERY ILLEGAL)

Dana believes that a new phone to be sold by Ear Fruit Inc. will become the most popular phone in the global market. Dana enters into a contract to buy 500 shares of Ear Fruit stock, anticipating an increase in its value. The phone does not become popular, and the price of the stock does not rise. Dana can recover Group of answer choices

Answers

Answer:

rf

Explanation:

rcddr6dutft7dfr6d6rdr6xkrxitxurxyrrrxutccfxy

The most long-lasting strategic alliances Multiple Choice (1) involve collaboration with suppliers or distribution allies, or (2) conclude that continued collaboration is in their mutual interest, perhaps because new opportunities for learning are emerging. aim at insulating the partners against the impacts of the five competitive forces and industry driving forces. are those whose purpose is helping a company master a new technology. are those formed to enable the partners to be consistent first movers or fast followers. aim at teaming up with world-class suppliers or else companies with world-class know-how in product innovation.

Answers

Answer:

(1) involve collaboration with suppliers or distribution allies, or (2) conclude that continued collaboration is in their mutual interest, perhaps because new opportunities for learning are emerging.

Explanation:

The strategic alliances that are long lasting should include the collaboration made with the suppliers also it is concluded that if there is continued collaboration so it is a mutual interest so new opportunities that are learned should be emerged

Therefore the first two options should be considered

An open-market sale of securities by the Fed results in ________ in reserves and ________ in the supply of money.

Answers

Answer:

increase; increase

Explanation:

In the case of the sale of securities in the open market, there is an increase in reserves also there is an increase in the supply of money as in  the fed purchase and sells the securities in order to control the money supply and the rate of interest.

Therefore as per the given situation, the above should be the answers that could fill the blanks

In _____ planning, frontline managers usually focus on routine tasks such as production runs, delivery schedules, and human resource requirements.

Answers

Answer:

operational

................

Assume that all commercial banks are loaned up. Total deposits in the banking system are $800 million. The required reserve ratio is decreased. The money supply will decrease. increase. not change because there was no change in deposits. not change because the required reserve ratio has no impact on money supply.

Answers

Answer:

increase

Explanation:

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. The lower the ratio, the higher the increase in money supply

For example, assume reserve ratio is initially 10% of deposits. It is later reduced to  5%. 1000 is deposited

Increase in money supply = deposit / reserve ratio

1000 / 0.1 = 10,000

1000 / 0.05  = 20,000

Money supply increased when reserve ratio was decreased

The elasticity coefficient is determined by looking at the percentage change in quantity divided by the percentage change in price. With that in mind, if the price of gasoline changes by 20% and there is a corresponding 10% change in quantity demanded, what is the elasticity coefficient

Answers

Answer:

Elasticity coefficient = 0.5

Explanation:

Elasticity coefficient = percentage change in quantity demanded / percentage change in price

percentage change in price if gasoline = 20%

percentage change in quantity demanded = 10%

Elasticity coefficient = percentage change in quantity demanded / percentage change in price

= 10% / 20%

= 1/2

= 0.5

Elasticity coefficient = 0.5

Taylor must send a bad-news message to a client and indicate to her that he will be unable to meet a delivery deadline. What should Taylor do first

Answers

Answer: d) Analyze the bad news to see how it will affect his reader.

Explanation:

The first thing that Taylor should do is to analyze the bad news so that he can predict the likely effect on the client.

Once he predicts this, he can be able to deliver the bad news in such a way that the client would not be too annoyed by it. It would also allow him to offer alternatives that might be applicable and doable to the client.

rey Wolf, Inc., has current assets of $2,360, net fixed assets of $11,200, current liabilities of $1,445, and long-term debt of $4,170. a. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. How much is the company's net working capital? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Answers

Answer:

A. $7,945

B. $915

Explanation:

a. Calculation to determine the value of the shareholders' equity account for this firm

Using this formula

Owners' equity = Total liabilities and owners' equity − Current liabilities − Long-term debt

Let plug in the formula

Owners' equity = $13,560 − 1,445 − 4,170

Owners' equity = $7,945

Therefore the value of the shareholders' equity account for this firm is $7,945

b. Calculation to determine How much is the company's net working capital

Using this formula

Net working capital = Current assets − Current liabilities

Let plug in the formula

Net working capital = $2,360 − 1,445

Net working capital = $915

Therefore the company's net working capital is $915

In the ____________, households work and receive payment from firms. financial investment market financial capital market labor market savings market

Answers

Answer:

labor market

Explanation:

The labor market is the market in which the supply and the demand for the jobs are meet out along with the labors who give the services based on the demand of the employers.

So here the work of the household and as per  this they received the payment from the firms so this could be done under the labor market

A company had $43 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:

Answers

Answer: The correct procedure is to “debit cash over and short for $43”.

The period of time in which people starting a new job adjust and "settle in" is called the: A. the assimilation process. B. the socialization process. C. probationary period. D. workplace networking

Answers

Answer:

A. the assimilation process.

Explanation:

It is correct to state that the period of time in which people start a new job, adjust and settle down is called the assimilation process, which corresponds to a process in which the individual adapts to changes that will impact their way of living in society.

A new job, therefore, is an example of an assimilation process as a company has its own rules and regulations that an individual will have to assume when gaining a new position. Therefore, there is assimilation and adaptation to the new environment, rules and interpersonal relationships.

Ingredients for making simple homemade doughnuts​

Answers

Answer:

1 cup (240ml) whole milk, warmed to about 110°F (43°C)*

1 Tablespoon active dry yeast*

1/3 cup (65g) granulated sugar.

2 large eggs.

6 Tablespoons (86g) unsalted butter, melted and slightly cooled.

1 teaspoon pure vanilla extract.

1/4 teaspoon ground nutmeg.

1/2 teaspoon salt.

John works for Heinlein Hillclimbers in Wyoming, where he earns $26,500 annually. He contributes $150 per month to his 401(k), of which his employer matches half of his contribution. Heinlein Hillclimbers contributes $150 per month to his health insurance, $30 per month to his life insurance, and $50 per month to his AD&D policy. He receives a 2% profit-sharing bonus at the end of each year and $5,250 in tuition reimbursement. Heinlein pays employer-only taxes and insurance that comprises an additional 18% of John?s annual salary. What is John's total annual compensation?

Answers

Answer: $40,710

Explanation:

John's annual compensation includes his actual annual salary as well as the various payments that Heinlein Hillclimbers makes on his behalf.

His total annual compensation is:

= Annual salary + Employer's 401 contribution + Health insurance + Life insurance + AD&D + Profit sharing bonus + Tuition reimbursement + employer only taxes and insurance

= 26,500 + (150 /2 * 12 months) + (150 * 12 months) + (30 * 12 months ) + (50 * 12 months ) + (2% * 26,500) + 5,250 + (18% * 26,500)

= 26,500 + 900 + 1,800 + 360 + 600 + 530 + 5,250 + 4,770

= $40,710

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