Answer the following statements true (T) or false (F)
1. A grand strategy can be established using tools like SWOT analysis and forecasting.
2. Strategy formulation is the process of choosing among different strategies and altering them to best fit the organization's needs.
3. The starting point in establishing a grand strategy is usually an analysis of Porter's competitive forces.
4. Strategy actualization is the term for putting strategic plans into effect.
1. TRUE
Among the strategic-planning tools and techniques used to establish a grand strategy are (1) SWOT analysis and (2) forecasting.
2. TRUE
Strategy formulation is the process of choosing among different strategies and altering them to best fit the organization's needs.
3. FALSE
Among the techniques used in strategy formulation, rather than a grand strategy, is Porter's competitive forces and strategies
4. FALSE
Putting strategic plans into effect is strategy implementation.
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Draw the ANOVA interactive cases listed below (Figure 16.4 in the text). Name your dependent variable Y and assume that there are two factors, X1 with three levels (X11, X12, and X13 ), and X2 with two levels (X21 and X22 )
Briefly discuss/describe the interaction shown in each of your drawings. 1. no interaction 2. ordinal interaction 3. disordinal interaction (noncrossover) 4. disordinal interaction (crossover)
Kaylin graduated from college in June. For the last three years she successfully ran a small part-time business while attending school
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Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: FormingAssemblyMachine-hours 20,000 15,000Direct labor-hours 2,000 7,000Total fixed manufacturing overhead cost$138,000$58,100Variable manufacturing overhead per machine-hour$2.30 Variable manufacturing overhead per direct labor-hour $3.00During the current month the company started and finished Job A460. The following data were recorded for
this job:Job A460:FormingAssemblyMachine-hours 80 10Direct labor-hours 30 50The amount of overhead applied in the Assembly Department to Job A460 is closest to: (Round your intermediate calculations to 2 decimal places.) A. $79,100.00 B. $565.00 C. $150.00 D. $415.00
The holder of a put option has ________
A) the obligation to sell a security for a given price B) the right to buy a security for a given price C) the right to sell a security for a given price D) the obligation to buy a security for a given price