Hrm 531 Week 4 Strategic Management Term Paper
MANAGEMENT:
Question1
Does the firm use strategic management concepts?
Yes, the management uses strategic management concept to gain the profit which is the ultimate goal of every company, survival in the industry and to get and sustain competitive edge.
Question2
Are the company objectives and goals are measurable and well communicated?
Yes, the company goals and objectives are measurable in terms of numbers and achievement the company planned to get e.g the company wants 34% market share in a certain industry but attainting this goal you can easily measure your goals.
Question3
Do managers at all hierarchical levels plan effectively?
Yes, mangers at all level plans effectively to ensure that the company and its goals which are defined …show more content…
Question4
How to meet short term liabilities?
Short term liabilities are of 1 to 12 months period which are to be paid by the organization to continue their current activities.
Question5
How to meet long term liabilities?
Long term liabilities are over the period of more than 1 year. This involves company long term planning to meet it and necessary steps are taken to maximize the profit of company so that they can get enough money to pay off their long term liabilities.
Question6:
What assets do we have for LTD and short term liabilities?
Balance sheet items are classified by the manager to analyze what we hold for LTD and short term liabilities, generally current assets are assigned against short term liabilities because of their liquidity.
Question7
On what units the breakeven point can be achieved?
The finance manager will do many calculations by analyzing the cost per unit and selling price per unit to know on what number on units the company get breakeven point and start getting the
Question1
Does the firm use strategic management concepts?
Yes, the management uses strategic management concept to gain the profit which is the ultimate goal of every company, survival in the industry and to get and sustain competitive edge.
Question2
Are the company objectives and goals are measurable and well communicated?
Yes, the company goals and objectives are measurable in terms of numbers and achievement the company planned to get e.g the company wants 34% market share in a certain industry but attainting this goal you can easily measure your goals.
Question3
Do managers at all hierarchical levels plan effectively?
Yes, mangers at all level plans effectively to ensure that the company and its goals which are defined …show more content…
Question4
How to meet short term liabilities?
Short term liabilities are of 1 to 12 months period which are to be paid by the organization to continue their current activities.
Question5
How to meet long term liabilities?
Long term liabilities are over the period of more than 1 year. This involves company long term planning to meet it and necessary steps are taken to maximize the profit of company so that they can get enough money to pay off their long term liabilities.
Question6:
What assets do we have for LTD and short term liabilities?
Balance sheet items are classified by the manager to analyze what we hold for LTD and short term liabilities, generally current assets are assigned against short term liabilities because of their liquidity.
Question7
On what units the breakeven point can be achieved?
The finance manager will do many calculations by analyzing the cost per unit and selling price per unit to know on what number on units the company get breakeven point and start getting the