answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lapo4ka
2 months ago
7

a company that gradually phases out product lines or liquidates its inventory is pursuing a ________ strategy.

Business
1 answer:
Mariulka [3.8K]2 months ago
5 0

The strategic management process consists of defining a company's mission and vision, its overarching strategy, and crafting its strategic plans and control.

  • A company that gradually eliminates product lines or liquidates inventory is engaging in a defensive strategy.

  • This defensive strategy is also known as a retrenchment strategy, which involves scaling back the organization's efforts.

  • For example, a company might minimize expenses by selling off (liquidate) assets—such as land, buildings, and inventories.

A defensive strategy aids organizations in consistently lowering costs and phasing out product lines or services..

Learn more from

You might be interested in
Calculate the optional bodily injury cost for the following:
Scilla [3833]
For Class 10 (100/300 Bodily), the cost is $94, and for Class 10 (property 50M), it's $135. It's solely asking for the optional bodily injury cost, which amounts to $94.
7 0
1 month ago
Read 2 more answers
It takes 3 minutes to load and 2 minutes to unload a machine. Inspection and packing times total 1 minute; travel between machin
soldi70 [3635]
(a) The optimal machine assignment time is 7 minutes. (b) The duration of a complete cycle is 25 minutes. There will indeed be 7 minutes of idle time for the operator. (c) If an operator is assigned three machines, the cost per unit produced amounts to $13.88 per unit. To elaborate, loading takes 3 minutes, unloading lasts 2 minutes, while the runtime is 20 minutes. The time spent on inspection and packing takes 1 minute. The operator's wage is $10 per hour, and machine cost is $30 per hour. Ideal machine assignment can be calculated via machine cycle time divided by the operator time per machine. The machine cycle includes run, load, and unload time, which sums to 25 minutes. The time contribution per machine is 6 minutes, resulting in an ideal machine assignment of 25 ÷ 6 = 4.17, indicating the assignment of four machines to an operator is suboptimal, leading to idle time. The complete cycle takes 25 minutes. Idle operator time is calculated as cycle time minus the operational contributions of the machines assigned, culminating in 7 minutes of idle time. The total cost of each unit produced comes from combining operator costs with machine costs, multiplied by cycle time adjusted for hours, resulting in $13.88 per unit.
0 0
1 month ago
Rather than acquire an existing textile manufacturer in Jakarta, FauxFabric Inc. chose to establish new operations in Indonesia.
soldi70 [3635]

Answer: (A) Greenfield investment

Explanation:

 A greenfield investment is a form of Foreign Direct Investment (FDI) aimed at constructing various new production facilities within a business.

The primary aim of the greenfield investment method is to provide investors with control while creating diverse opportunities for managing market partnerships.

Based on the provided question, the greenfield investment method is instrumental in establishing new operations in Indonesia, thus representing a type of foreign direct investment.

Therefore, Option (A) is the correct selection.

7 0
2 months ago
You're in a conference room with Javier and Jim, an assistant director who reports to you. The other three people in the room, i
stepan [3596]

Full question:

As a manager at the headquarters of Leland Enterprises, a transportation firm, you answer to the director, Javier.

Javier is recognized in the workplace for his short temper—quick to express anger and slow to offer compliments. He frequently humiliates individuals in public when he perceives their performance as lacking, which is often. Despite this, upper management appreciates his decisiveness and expertise in business analytics, leading to strong results for the company. They take a hands-off approach concerning his management style. Consequently, employee turnover is notably high as team members find they can either adapt to his leadership or depart without effecting change.

Decision Point: Javier's Goals

In a conference room with Javier and Jim, an assistant director who reports to you, you also have three other colleagues present, including your friend Emily, who report to Jim.

At the meeting's conclusion, Javier asserts, "So that's just how we operate here." When an employee inquires about specifics regarding projection goals, Javier dismisses the question stating, "You all know enough—focus on your tasks and allow me to manage the details. This meeting is adjourned. Now, turn to your neighbor and do our secret GIMME handshake." People fidget, rolling their eyes while doing a goofy handshake reminiscent of middle school.

In your view, how does the organizational culture at Leland Enterprises manifest?

Select the most appropriate options below and click Submit.

Ethics

Innovation

Symbols

Stories

Socialization

Language

Rituals

Answer:

Rituals

Explanation:

The example illustrates corporate rituals, which may be habitual sequences or ceremonies that reinforce the organization’s values, highlighting important goals and the hierarchy within the organization, exemplified by the request to perform the Gimme shake.

5 0
2 months ago
For a Marketing course: What skills from this course would you use to create a three-paragraph promotional tool that explains th
Nady [3600]

Answer:

Upon completion of a Marketing Course, I should possess the following promotional abilities:

  1. Innovation Skills: A marketing professional is expected to think outside the box, stimulate creativity within the business, and devise unique methods to capture market attention and convert that interest into support.
  2. Market Development Skills: One should also develop the ability to recognize and express hidden customer needs (even before the customers themselves realize them), as well as identify socioeconomic trends and technological advances that present opportunities for the business and its clientele.
  3. Pricing Technology: Pricing combines elements of art and science. It encompasses aspects of accounting, economics, and psychology. Marketing primarily addresses the economics and psychological components. With this knowledge, one can understand buyers' mindsets and influence their purchasing decisions.

Cheers!

3 0
2 months ago
Other questions:
  • In your opinion, what would be the consequences if the memory manager and the processor manager stopped communicating with each
    11·1 answer
  • Reggie is busy trying to prepare a complicated recipe for dinner when his sons come in asking him who can use the computer first
    10·1 answer
  • Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its rece
    9·1 answer
  • Tyrion and Alchemist make a contract where Tyrion will pay $20,000 for 5.000 gallons of wild fire. Alchemist promises to deliver
    5·2 answers
  • a. Tara buys only shoes and socks. When the price of shoes goes up, Tara continues buying exactly the same number of socks as be
    13·1 answer
  • A manufacturer of washing machines has expanded its plant and has created excess capacity, just as the general economy has taken
    15·1 answer
  • You have full responsibility for the success of the test market at your store. Write a memo outlining the preparations that you
    11·1 answer
  • The city council in a suburb of raleigh is interested in the level of public support for a tax increase to support restoration o
    11·1 answer
  • (1) You go to Seven-11 and see the price of a super Slurpee quoted as $1.39. (2) You buy the super Slurpee and pay with $1.39 in
    15·1 answer
  • Which career professionals typically has the highest level of education?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!