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- Please do not give solution in image format thanku Strategic planning is a process in which an organization's leaders define their vision for the future and identify their organization's goals and objectives. The process includes establishing the sequence in which those goals should be realized so that the organization can reach its stated vision. Analyse the concept on strategic planning and different types of planning for organisation.Which of the following statements is CORRECT? a. Other things being equal, if a company can reduce its DSO, it will have a higher current ratio. b. Because receivables and payables are both generated by sales transactions, a company with a high receivables-to-sales ratio also has a high payables-to-sales ratio. c. Because of the costs of granting credit, it is not possible for credit sales to be more profitable than cash sales. d. In managing a firm's accounts receivable, it is possible to increase credit sales per day while keeping accounts receivable relatively stable, provided the firm can sufficiently shorten its collection period (its DSO). e. A company that makes 90% of its sales on credit and 10% in cash grows at a consistent rate of 10% each year. Since the 10% cash sales can be used to fund the 10% growth rate, such a company can hold its accounts receivable at the same level.Which of the following statements is true? A) Strengths are synonymous with competitive advantage. B) Every company resource or capability is a strength and leads to competitive advantage. C) A strength is not necessarily a source of competitive advantage. D) Strengths are always inimitable. E) None of the above.
- The following statements are true regarding the customer perspective EXCEPT:a. Customer satisfaction leads to customer retention.b. A customer target might be to reduce cash expense by 3%.c. Customer retention generally leads to increase customer profitability.d. Success in the customer perspective should lead to improvement in the financialperspective.Which of the following statements is true? [S1] In a strong form efficient market, there is no mispriced assets. [S2] In a strong form efficient market, all information is equally available to all investors. a. Statement 2 only. b. Neither of Statement 1 nor 2. c. Both statements 1 and 2. d. Statement 1 only.Why does a company needs financial objectives? A) to convince shareholders that top management is acting in their interests. B) because without adequate profitability and financial strength, the company's ultimate survival is jeopardized. C) to indicate to employees that financial objectives always take precedence over strategic objectives. D) to translate the company's business model into action items. E) to overtake key competitors on such important measures as net profit margins and return on investment.
- Briefly stated, a theory is a set of statements that serves to explain the manner in which certain concepts or variables are related. These statements result both from our present level of knowledge on the topic and from our assumptions about the variables themselves. The theory allows us to deduce logical propositions, or hypotheses, that can be tested in the field or laboratory. In short, a theory is a technique that helps us understand how variables fit together. Their use in research and in management is invaluable (Black & Bright, 2019). Support why learning organizational behavior and management theory is important to your academic and professional career (s).Which of the following statements regarding materiality is True? a. In general terms, levels of materiality are set depending on an auditor’s judgements. b. Materiality is determined at the start or planning phase of an audit engagement. It is a component of an audit that remains an unmoving benchmark. c. Common benchmarks that may be appropriate, may be based on levels of reported income in categories such as profit before tax, total revenue, total expenses, gross profit, total equity or net assets. d. Misstatements, including omissions, are considered to be material if they, individually or in aggregate, could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.All of the following statements regarding employee share purchase plans are correct except for? Select one: a. Employees provide a direct payment of some sort in exchange for the shares. b. Employees receive shares at no cost to themselves, usually as a bonus. c. Often employers will match the amount of shares purchased by the employee up to a set limit. d. Often the price employees pay for the shares is less than market value.
- Which of the following statements is true? a) The GDP deflator includes imports, while the CPI does not b) The GDP deflator considers only a basket of goods, while the CPI considers everything produced c) the GDP deflator uses fixed bundle of goods, while the CPI uses a changing bundle of goods d) The GDP deflator measures the inflation of everything produced in the nation, while the CPI measures the inflation of the goods typically bought by the householdsThe stock and bond markets provide information to businesses through changes in prices. A decrease in the price of a firm's stock would tell managers which of the following? A. The cost of external funds has decreased. B. The cost of external funds has increased. C. Investors expect the firm to have lower profits in the future. D. Investors expect the firm to have higher profits in the future.Which of the following differs cost accounting from financial accounting? to.Cost accounting addresses issues of product design, production, marketing strategies, while financial accounting focuses on assigning prices to products. b.Cost accounting measures only financial information related to the costs of acquiring fixed assets, while financial accounting measures financial and non-financial information as they arise from transactions. c.Cost accounting measures information related to the costs of acquiring or using resources in an organization, while financial accounting measures the financial position of a company for investors, banks, and third parties (external parties) d.Users of cost accounting are investors while users of financial accounting are administrators. . . . . Plz explain in detail