It is ideal for key management slots to be filled from outside turnaround as well as rapid-growth situations.
So, the correct option is A.
Different sets of managerial skills are required to implement the strategy and ensure that the organization does so successfully. Strategy execution is primarily operations-driven, focusing on the management of people, business processes, and organizational structure, as opposed to strategy formulation, which is largely an analysis-driven activity focused on market conditions and the company's resources and capabilities.
Working well with and through others, developing and bolstering competitive capabilities, and developing a suitable organizational structure are all necessary for successful strategy execution. Teamwork is necessary for successful strategy execution. Every manager is accountable for implementing strategies in their spheres of influence, and every employee actively contributes to this process.
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Answer:
Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000
greeting cards is $4000. The price of a greeting card is $4.
What is this firm's economic profit (or loss)?
Explanation:
or loss
It should be noted that bondholders offset the effects of selfish strategies that are implemented by shareholders by A. increasing the interest rate on monies loaned to the firm.
A bondholder simply means an individual that's owning a bond that was issued by the government or a public company.
The effects of selfish strategies that are implemented by shareholders are offset by increasing the interest rate on monies loaned to the firm.
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Answer:
decline and product diversity in the market increases.
Explanation:
Competitive price searcher markets are those that have little barriers of entry for new firms.
Also the new forms are able to engage in transactions that are profitable. That is they easily take a market share.
In this scenario it will result in greater diversity of products as many firms can now produce goods that will be profitable in the market.
Also it will lead to a decrease in profit of existing firms as the new firm gets some of the market share
Answer:
- The corporation survives even if managers are dismissed.
- Shareholders can sell their holdings without disrupting the business.
Explanation:
Large corporations are not as easy to dissolve as other types of companies because they have other resources that are able to keep them going if they lose some. One of those resources could be a manager. Should a manager be dismissed, the corporation will survive and simply replaced the dismissed manager.
Also with such corporations, the shareholders can simply sell their shares and the business's operation will not be disrupted as the shareholders do not have any direct say over the day to day running of the business.
