After several months of planning, a team of managers has defined new strategies for the organization and is ready for implementation. What additional planning activities will the managers likely face to implement the strategies?
What will be an ideal response?
The planning process goes beyond just identifying effective strategies; it also includes plans to ensure that these strategies are put into action. Normally the plan for implementing a new strategy requires the development of new functional strategies, the redesign of an organization's structure, and the development of new control systems; it might also require a new program to change an organization's culture.
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Which of the following strategies illustrates a market orientation?
a. Targeting the average consumer b. Implementing centralization c. Increasing overhead production costs d. Creating customer value
On April 12, 2017, Suzanne bought a computer for $20,000 for business use. This was the only purchase for that year. Suzanne used the most accelerated depreciation method available but did not elect Sec. 179. Bonus depreciation was not available. Suzanne sells the machine in 2018. The depreciation on the computer for 2018 is
A) $2,000. B) $3,200. C) $4,000. D) $6,400.
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Your friend is considering adding one additional stock to a 3-stock portfolio, to form a 4-stock portfolio. She is highly risk averse and has asked for your advice. The three stocks currently held all have b = 1.0, and they are perfectly positively correlated with the market. Potential new Stocks A and B both have expected returns of 15%, are in equilibrium, and are equally correlated with the market, with r = 0.75. However, Stock A's standard deviation of returns is 12% versus 8% for Stock B. Which stock should this investor add to his or her portfolio, or does the choice not matter?
A. Stock A. B. Stock B. C. Neither A nor B, as neither has a return sufficient to compensate for risk. D. Add A, since its beta must be lower. E. Either A or B, i.e., the investor should be indifferent between the two.