What is the importance of understanding a firm’s strategy, even if you are not a senior manager in a firm?

Answers

Answer 1
Answer:

Answer:

A company's strategy affects everyone that works in it, not only upper management. The company's strategy can serve you as a guide that shows what the company expects from you and what you can expect from the company. Every single worker should focus on following the strategy and successfully accomplishing its goals.

If you are a good and efficient employee, you should be able to start advancing on the company's hierarchy levels, and maybe one day it will be you who decides the company's strategy.


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_____ is a subset of supply chain management that focuses on tactics rather than on strategy. Answer _____ is a subset of supply chain management that focuses on tactics rather than on strategy. Answer Network implementation

Answers

The right answer for the question that is being asked and shown above is that: "Network Implementation." Network Implementation. is a subset of supply chain management that focuses on tactics rather than on strategy.

Why won't a private business produce a nonexcludable public good?

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 Public goods are goods which are non-excludable (no one can be denied from using it) and non-rival (use by one wouldn't affect the consumption by another). 

Because of this, people want to use the good but not pay for it as they know, once the good is provided, they can't be excluded from using it. This is called Free riding. 

Private companies will not be able to tackle the problem of free riding as they won't know what rate to charge and how to make everyone pay. 

Govt. can, however do this easily.

The space between a cover letter closing and the author’s typewritten name is called the _____.closing space
signature line
salutation
enclosure

Answers

The space between a cover letter closing and the author's typewritten name is called the signature line. This would be the space where you would either physically sign your name with a pen above the type written name once you have printed the letter out or if you are sending it electronically where you would insert a copy of your signature. You must always have a signature on cover letters.

If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay

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Answer:

C, Your credit score might go down.

Explanation:

I just took the test

You would have to pick up the payment from where they have left off.So basically you would be paying there credit card bill

Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the par value.
II. The selling rate is above 100.
III. It is sold by corporations, not by the government.

a. I and II
b. I only
c. III only
d. I, II, and III

Answers

It is A.  I and II

I got it in the test

Final answer:

The correct statements regarding a bond selling at a premium are that the market value exceeds the par value, and the selling rate is above 100. Statement III is incorrect because both corporations and governments can issue such bonds. A rising market interest rate after a bond's issuance leads to a decrease in its value.

Explanation:

When considering which statements apply to a bond that is selling at a premium, options I and II are relevant. A bond selling at a premium means that:

  • The market value exceeds the par value (I).
  • The selling rate is above 100, which indicates a premium (II).

Statement III is incorrect because both corporations and governments can issue bonds that sell at a premium. Therefore, the correct answer to the question is a. I and II.

Additionally, the interest rate that Ford is paying on the borrowed funds can be determined by the coupon rate of the bond. If the market interest rate rises from 3% to 4% after the bond is issued, the value of the bond will decrease because the fixed payments from the bond become relatively less attractive compared to new bonds issued at the higher rates.

Suppose an industry is monopolistically competitive and some firms are experiencing losses. What happens when transitioning from short-run to long-run equilibrium

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Answer &Explanation:

Firms in monopolist competition maximize profits where the marginal revenue (MR) equals marginal cost (MC). If some firms are experiencing losses in the short-run then, the long run average cost (LRAC) at MC=MR is higher than the price at that same point  (gains or losses are the difference between the LRAC and the price). What would happen in the long run is that some firms will leave the market and the new equilibrium would be where the LRAC  equals the price and there would be no gains or losses.