the most important leadership trait in the strategy execution process is
Answers
The most important leadership trait in the strategy execution process is effective communication.
Effective communication is the most important leadership trait in the strategy execution process. Strategy execution involves translating the strategic vision into actionable plans and ensuring their successful implementation throughout the organization. To accomplish this, leaders must effectively communicate the strategy, goals, and expectations to all stakeholders involved.
Communication plays a crucial role in aligning the organization, fostering clarity, and building a shared understanding of the strategy. It enables leaders to articulate the strategic vision, set clear objectives, and provide guidance on how to achieve them. Through effective communication, leaders can engage and motivate employees, gaining their buy-in and commitment to the strategy execution process.
Furthermore, communication helps to facilitate coordination and collaboration among different teams and departments. It allows leaders to convey changes, address challenges, and provide timely feedback, ensuring that everyone remains on the same page and can adapt to evolving circumstances.
Without effective communication, strategy execution can falter due to misunderstandings, lack of clarity, resistance, or misalignment. Strong communication skills enable leaders to overcome these barriers, maintain focus, and drive the organization toward successful strategy implementation.
In the strategy execution process, effective communication emerges as the most important leadership trait. It enables leaders to convey the strategic vision, align stakeholders, motivate employees, and facilitate coordination throughout the organization. By fostering clear and open communication channels, leaders can enhance the chances of successful strategy execution and achieve organizational goals.
To know more about Effective Communication, visit
https://brainly.com/question/1285845
#SPJ11
Related Questions
Companies already on the stock market get to choose the price of their stocks.
true or False
Answers
False, The price of a company's stock is determined by the company itself.
Do stock market corporations have the option to set the price of their stocks?Companies that go public have a direct say in determining the stock price for their shares. Supply and demand determine the price of company stock that is already traded on the stock market.
In India, who determines the share price?The pricing of shares are influenced by market factors including supply and demand. Stocks are purchased by optimistic investors and sold by pessimistic investors. Another factor that affects stock prices is what is referred to as "herd instinct". If investors choose to purchase a stock during a bull run, demand rises and the price follows.
To know more about company's stock visit:-
https://brainly.com/question/29757308
#SPJ1
c. The Sofaworld Company purchases upholstery material from Barrett Textiles. The company uses 45.000 yards of material per year to make sofas. The cost of ordering material from the textile company is $1,500 per order. It costs Sofaworld $0.70 per yard annually to hold a yard of material in inventory. Determine the optimal number of yards of material Sofaworld should order, the minimum total inventory cost, the optimal number of orders per year, and the optimal time between orders if Sofaworld operates the whole year except Sundays. (10marks)
Answers
The optimal number of yards Sofaworld should order is 19,286. The minimum total inventory cost is $10,233.39. The optimal number of orders per year is 2, and the optimal time between orders is 157 days.
Barrett Textiles sells upholstery fabric to the Sofaworld Company. Every year, the business uses 45,000 yards of fabric to construct sofas. Each order for material from the textile manufacturer costs $1,500. Holding a yard worth of lumber in inventory costs Sofaworld $0.70 annually.
Formulas used here:
EOQ Model:
Ordering cost + carrying cost = the total annual inventory cost.
EOQ = √((2DS)/(H))
Where,
D = Demand in units
S = Cost to place one order
H = Holding cost
Calculations and answers are provided below:
The demand of Sofaworld company is given as follows:
D = Demand = 45,000 units per year
S = Cost to place one order = $1,500 per order
H = Holding cost per unit per year = $0.70
Annual demand (D) = 45,000
Total cost of placing one order (S) = $1,500
Holding cost per unit per year (H) = $0.70
The EOQ formula is given below:
EOQ = √((2DS)/(H))
On substituting :
EOQ = √((2 × 45,000 × 1,500)/(0.70))
= √(135,000,000/0.70)
= √192,85714.28 (approx.)
Hence, the optimal number of yards of material Sofaworld should order is 19,286 yards.
The minimum total inventory cost can be calculated as follows:
Total annual inventory cost = Ordering cost + Carrying cost
The carrying cost is given as $0.70 per yard of material annually, and the ordering cost is given as $1,500 per order. You may get the optimal number of orders per year by dividing the total demand for the year by the EOQ.
. The optimal time between orders can be calculated by dividing 365 days by the optimal number of orders per year.
The total cost is given as follows:
Ordering cost + carrying cost = the total annual inventory cost.
Total annual inventory cost = ($1,500 × (45,000/19,286)) + ($0.70 × 19,286/2)
Total annual inventory cost = $3,482.89 + $6,750.50
Total annual inventory cost = $10,233.39
The optimal number of orders per year can be calculated as follows:
Optimal number of orders per year = Annual demand / EOQ
Optimal number of orders per year = 45,000 / 19,286
Optimal number of orders per year = 2.33 (approx.)
Hence, the optimal number of orders per year is 2 orders.
The optimal time between orders can be calculated as follows:
Optimal time between orders = 365 days / Optimal number of orders per year
Optimal time between orders = 365 / 2.33
Optimal time between orders = 157 (approx.)
Therefore, the optimal time between orders is 157 days.
Learn more about inventory here:
https://brainly.com/question/26533444
#SPJ11
You have decided to pursue a career in nursing. You are willing to relocate based on salary differences. The states you are willing to relocate to have the following average hourly wages: NY = $33.55, MA = $33.37, CA = $31.54, and FL $24.58. What is the mean salary for these options?
Answers
Your answer :
The mean of salary for these options is $30.76\
hope I helped. :)
You work as a carpenter's assistant five days a week. On Tuesday
evening you cut your finger badly and need to get three stitches.
The doctor says that you should not work for two days. What
should you do?
Answers
Answer:
Answer:
You should listen to the doctor and give your finger time to heal. You should also take Friday off, and go back to work next week.
Question 4. Based on the following data, prepare a financial comparison of buying and leasing a motor vehicle with a $24,000 cash price: Down payment (to finance vehicle), $4,000 Down payment for lease, $1,200 Monthly loan payment, $560 Monthly lease payment, $440 Length of loan, 48 months Length of lease, 48 months Value of vehicle at end of loan, $7,200 End-of-lease charges, $600 What other factors should a person consider when choosing between buying or leasing?
Answers
A purely financial perspective, leasing is slightly more affordable ($22,920) compared to buying ($23,280).
The financial aspects of buying and leasing a motor vehicle with a $24,000 cash price.
Buying:
1. Down payment: $4,000
2. Monthly loan payment: $560
3. Length of loan: 48 months
4. Value of vehicle at end of loan: $7,200
Total cost of buying: (48 x $560) + $4,000 - $7,200 = $30,480 - $7,200 = $23,280
Leasing:
1. Down payment: $1,200
2. Monthly lease payment: $440
3. Length of lease: 48 months
4. End-of-lease charges: $600
Total cost of leasing: (48 x $440) + $1,200 + $600 = $21,120 + $1,800 = $22,920
From a purely financial perspective, leasing is slightly more affordable ($22,920) compared to buying ($23,280).
However, there are other factors to consider when choosing between buying or leasing:
1. Ownership: When you buy a vehicle, you own it after the loan is paid off. With leasing, you don't own the vehicle and must return it at the end of the lease.
2. Mileage limits: Leasing usually has mileage restrictions, while owning a vehicle allows you to drive as many miles as you want.
3. Maintenance costs: Leasing a vehicle usually comes with a warranty, meaning maintenance costs might be covered. Owning a vehicle may require you to cover maintenance costs yourself.
4. Customization: When you own a vehicle, you can customize it however you like. With leasing, you're limited to the original specifications.
5. Early termination fees: Ending a lease early can result in penalties, whereas selling a vehicle you own might provide more flexibility.
For more about leasing depends:
https://brainly.com/question/30019073
#SPJ11
Need help on a question inbox us and ask !
Answers
A corporation has 3000 shares, 10% preferred stock of $55.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $300,000. Calculate earnings per share. (Round your answer to the nearest cent.)
Answers
Answer:
the earning per share is $47
Explanation:
The computation of the earning per share is shown below;
= (Net income - preference dividend) ÷ number of common stock outstanding
= ($300,000 - (3000 × $55 × 10%) ) ÷ 6,000 shares
= $47.25
= $47 per share
Hence the earning per share is $47
What document outlines the terms and conditions under which a tenant occupies a property, and outlines the rights and responsibilities of both parties? a. lease c. rent-to-own contract b. purchase agreement d. home equity loan
Answers
Answer:
a. lease
Explanation:
Lease is defined as a contract agreement that states the amount a lessee pays to the lessor for use of a property.
Also various conditions of use are usually stated in the lease.
For example who will handle maintenance of the property.
These terms are agreed by both parties and is binding on them.
Information like the lease amount, due date, lessor, and lessee are stated
Which of the following is not an element of marketing?
A. product
B. policy
C. promotion
D. price
Answers
••••••••••••••••••••••••••••••••••••••••••••••••
\(\small{\boxed{\color{red}\sf\underline{Answer:}}}\)
The answer is B. policy
••••••••••••••••••••••••••••••••••••••••••••••••
taxon corp. granted restricted stock units (rsus) representing 60 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within five years. after the recipients of the rsus satisfy the vesting requirement, the company will distribute the shares. the common shares had a market price of $11 per share on the grant date. ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives?
Answers
The effect on earnings in the year after shares are granted to executives is $132
The market price of common shares = $11 per share
Number of common shares granted by RSUs = 60 million
Vesting Period = 5 years
Calculating the total market value of common stock issued
= Number of common shares granted by RSUs × Market price of common shares
= 60 × 11
= 660
Calculating, the effect on earnings in the year after the shares are granted to executives
= Total market value of common stock issued / Vesting Period
= 660 / 5
= 132
Read more about the effect on earnings on:
https://brainly.com/question/17191089
#SPJ4
Admission prices to dollywood are $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. Based on these prices, the marginal cost of visiting dollywood the second day is _____, the third day is _____, and the fourth day is _____.
Answers
The marginal cost of visiting Dollywood the second day is $30, the third day is $20, and the fourth day is $0.
These costs are based on the given admission prices of $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. The marginal cost represents the additional cost incurred for each additional day of visitation beyond the initial ticket purchase.
The marginal cost is calculated by determining the difference in price between each successive ticket purchase. In this case, the price of a two-day ticket is $80, which is $30 more than the price of a one-day ticket ($80 - $50 = $30). Therefore, the marginal cost of visiting Dollywood the second day is $30.
For the third day, the cost would be $100 for an annual pass, which is $20 more than the price of a two-day ticket ($100 - $80 = $20). Hence, the marginal cost of visiting Dollywood the third day is $20.
Finally, the cost of visiting Dollywood on the fourth day would be $0 since the annual pass allows unlimited access for a year. Therefore, there is no additional cost beyond the initial purchase of the annual pass.
In conclusion, the marginal cost of visiting Dollywood the second day is $30, the third day is $20, and the fourth day is $0, based on the provided admission prices.
To learn more about cost, click here:
brainly.com/question/28147009
#SPJ11
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11
an indenture is multiple choice the section of a corporation's bylaws pertaining to bond issues. the summary of the essential features of a stock issue. the contract between a corporation and a trustee acting for bondholders. the underwriting contract.
Answers
An indenture is a contract between a corporation and a trustee acting for bondholders.
This document outlines the terms and conditions of a bond issue, including the amount of the bond, the interest rate, and the repayment schedule. The indenture also includes provisions for how the bondholders' rights will be protected and what actions the trustee can take in the event of a default. The summary of essential features of a stock issue is known as a prospectus.
This document provides information about a company's financial health, business operations, and the terms of the stock offering. The underwriting contract is an agreement between the issuer and an underwriter, typically a financial institution, who agrees to purchase the securities and then sell them to investors.
To learn more about bondholders click here
brainly.com/question/18848917
#SPJ11
Can people boost their points on their questions?
Answers
Answer:
Yes.
Explanation:
(ANSWER PROVIDED) Under what circumstances would it be appropriate and legal to turn down a qualified job candidate based on a disability?
done
A.
When required accommodations would be very expensive or difficult to provide
close
B.
It is never appropriate or legal to turn a job applicant down because of a disability.
C.
When a disability makes it difficult to use a standard telephone
D.
When the disabled individual is either blind or deaf
*
*
ANSWER: A. When required accommodations would be very expensive or difficult to provide
Answers
Under the circumstances that would be appropriate and legal to turn down a qualified job candidate based on a disability is:A. When required accommodations would be very expensive or difficult to provide.
What is disability?Disability occur when a part or some part of a person body is not functioning or not functioning properly. Example of disability is when a person cannot see, cannot hear, cannot walk which inturn tend to make it difficult for the person to engage in some certain activities that non disability people can do.
A qualified job candidate who is disabled may be legally turn down when the employer does not have required capacity to accommodate the person or when the accommodations would be very expensive or difficult to provide.
Therefore the correct option is A.
Learn more about disability here:https://brainly.com/question/27806197
#SPJ1
Answer: A
Explanation: I j took test
Besides the dollar cost, what other costs should you consider when comparing alternative solutions to a problem or goal?
Answers
Answer:
Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.
Management cost should be considered when seeking for solutions to a problem or goal.
Dollar cost in this context means cost of purchasing (i.e. fixed cost) to achieve a solution to a problem or goal.
For instance, when a person plans to establish a Private Kindergarten school, the dollar cost will include cost of rent, desk, chairs and etc.
However, the other cost one should consider is the Management cost will will help to achieve the goal. The more qualified and equipped the management, the higher the possibility of achieving the solution to a problem.
Read more on this here
brainly.com/question/20028182
Revenues are recognized when ______, even when the cash is collected in a different accounting period than the obligation to the customer has been performed.
Answers
The two scenarios where Revenue is recognized are A) when the customer has paid cash (Cash Basis Accounting) and B) when services have been provided or goods delivered to the customer (Accrual Basis Accounting).
What is Cash Basis Accounting?This system of accounting only takes cognizance of revenues and expenses when they have been paid or received.
What is Accrual Basis Accounting?Under this system of accounting, business revenue is captured and recognized as soon as they are generated. That is, the money does not have to be earned before it is recognized if it is certain that it will be earned.
Please see the link below for more about Accrual Basis Accounting:
https://brainly.com/question/25817056
Please see the link below for more about Cash Basis Accounting
https://brainly.com/question/4555544
help......please .......
Answers
Answer:
Promotion Mix
Explanation:
Sales promotions are a subset of promotion mix. The primary elements in the promotional mix are advertising, personal selling, direct marketing and publicity/public relations
The idea of human capital deepening applies to which two of the following?
Select all that apply:
A. average wage rate in the economy
• B. averages levels of education in the economy
C. years of experience that workers have
D. technological advancement
Answers
B. averages levels of education in the economy and C. years of experience that workers have. The idea of human capital deepening applies to options B and C: B. Average levels of education in the economy .
The concept of human capital deepening refers to the increase in the level of knowledge, skills, and experience of the workforce in an economy. This can lead to higher productivity, innovation, and ultimately economic growth. The two factors that contribute to human capital deepening are education and experience. Therefore, options B and C are the correct answers as they relate to the levels of education and experience of the workers in the economy. Option A, average wage rate, and option D, technological advancement, are not directly related to human capital deepening.
To know more about economy, visit:
https://brainly.com/question/30131108
#SPJ11
Question 24 (1 point) Using a 1 stage binominal tree, what is the delta of the following call option: Current Stock Price = $85 = Strike Price = $85 = Volatility = 34% = Risk Free Rate = 5.75% = Time to expiration = 1 weeks = Round your answer to 4 decimal placess Your Answer:
Answers
The delta of the call option is approximately 0.019, rounded to 4 decimal places.
To calculate the delta of a call option using a one-stage binomial tree, we need to first calculate the up and down factors of the stock price and the corresponding option prices at each node of the tree.
The up factor (u) and down factor (d) can be calculated using the following formulas:
u = \(e^(^\sigma\sqrt{\delta. t} )\)
\(d = 1/u\)
Where σ is the volatility, Δt is the time interval (in years), and e is the natural logarithm base, approximately equal to 2.71828.
In this case, σ = 0.34, Δt = 1/52 (since the time to expiration is 1 week), so:
\(u = e^(^0^.^3^4^\sqrt(1/52)}= 1.0248\\d = 1/u = 0.9757\)
Next, we need to calculate the option prices at each node. Since this is a one-stage tree, there are only two nodes: the current stock price and the price after one time step.
At the current stock price of $85, the call option price (C0) is:
C0 = max (S0 - K, 0) = max (85 - 85, 0) = 0
At the up node, the stock price is S1 = $85 * u = $87.038, and the option price (C1) is:
C1 = max(S1 - K, 0) = max(87.038 - 85, 0) = 2.038
At the down node, the stock price is S1 = $85 * d = $82.624, and the option price (C1) is:
C1 = max(S1 - K, 0) = max(82.624 - 85, 0) = 0
Now we can calculate the delta of the option as:
Δ = (C1 - C0) / (S1 - S0)
Plugging in the values, we get:
delta = (2.038 - 0) / (87.038 - 85) = 0.019
Therefore, the delta of the call option is approximately 0.019, rounded to 4 decimal places.
Learn more about delta of the call: brainly.com/question/29695981
#SPJ11
Identify benefits of communicating with your staff and involving them in making decisions. Select one or more: a. They suggest improvements or Express opinions on decisions that affect them. b. They feel they are not in loop. c. Feel informed about the business and business goals. d. See how their contribution does not contribute to the big picture.
Answers
The benefits of communicating with your staff and involving them in making decisions. They suggest improvements or express opinions on decisions that affect them and They feel informed about the business and business goals.
The option (A) and (C) are correct.
By including staff in dynamic cycles and keeping up with open correspondence, associations can take advantage of the significant experiences and thoughts of their representatives. This can prompt recognizable proof of upgrades, inventive arrangements, and a feeling of pride among staff individuals.
Also, keeping representatives informed about the business and its objectives helps cultivate straightforwardness, adjusts everybody towards normal goals, and upgrades general commitment and inspiration.
Learn more about communicating:
https://brainly.com/question/28497318
#SPJ4
hours of labor or number of workers are commons ways of measuring a comapany's?
Answers
Sites like Kickstarter, GoFundMe, and Causes are all examples of what type of altruism?
Group of answer choices
Crowdfunding
Private foundations
Service Learning
Community Service
Answers
In a free market system, the concept of consumer sovereignty means that.
Answers
The concept of sovereignty in a free market system means that consumers have the power to decide through their actions which goods and products will be produced.
Free market systemIt corresponds to the independent and decentralized economic system where exchanges and negotiations between individuals and companies take place without government interference.
Therefore, in a free market system, it is impacted by the law of supply and demand, where the consumer regulates decisions through his actions.
Find out more information about free market here:
https://brainly.com/question/4138396
an investment pays you $39,300 at the end of this year, and $15,000 at the end of each of the four following years. what is the present value (pv) of this investment, given that the interest rate is 5% per year?
Answers
The present value of the investment, given an interest rate of 5% per year, is $91,522.57.
We can calculate the present value of the investment as follows:
PV = A * (1 - 1/(1+r)^n) / r
PV = 39300 + 15000 * ((1 - 1/(1+0.05)^4) / 0.05)
PV = 39300 + 52222.57
PV = $91,522.57
An interest rate refers to the amount of money a borrower pays to a lender as compensation for using their money. It is typically expressed as a percentage of the total amount borrowed or invested, and it represents the cost of borrowing or the return on investment.
Interest rates can be fixed, meaning they remain the same for the entire term of the loan or investment, or variable, meaning they can fluctuate over time based on market conditions or other factors. Interest rates play a crucial role in the economy, as they affect the cost of borrowing and the return on investment. Higher interest rates tend to discourage borrowing and encourage saving, while lower interest rates tend to stimulate borrowing and discourage saving.
To learn more about Interest rate visit here:
brainly.com/question/14445709
#SPJ4
the stockholders' equity section of university fashions is presented below. university fashions balance sheet (stockholders' equity section) ($ in thousands) stockholders' equity: preferred stock, $50 par value $50,000 common stock, $5 par value $25,000 additional paid-in capital 120,000 total paid-in capital 195,000 retained earnings 140,000 treasury stock (20,900) total stockholders' equity $314,100 required: remember that all amounts are presented in thousands. assuming the preferred shares were issued at par value, at what average price per share were the common shares issued?
Answers
The common shares of University Fashions were issued at an average price of $10 per share.
The total amount of paid-in capital is $195,000, which is the sum of the preferred stock at par value of $50,000 and additional paid-in capital of $120,000. This leaves $25,000 as the amount paid for the common stock. If we divide the total paid-in capital of $195,000 by the number of common shares issued, we get an average price per share of $10.
The common stock has a par value of $5 per share and the total par value of the common stock is $25,000. The difference between the total paid-in capital and the total par value of the common stock is the additional amount paid for the common stock, which is $120,000. Dividing this by the number of common shares issued, which is 12,500 (calculated by dividing the total par value by the par value per share), we get the average price per share of $10.
Learn more about average price here
https://brainly.com/question/30946185
#SPJ11
apex corporation is one of the best in its industry in terms of costs and performance. many companies in its industry will probably consider apex as a .
Answers
The concept is the Benchmark. It is something that serves as a yardstick to measure or judge others.
The term benchmark, mark, or marker came from the horizontal marks surveyors made in stone structures into which a square could be inserted to form a "bench" for the staff, ensuring that the staff could be moved with precision . companies can benchmark their operations against internal or external standards.
Benchmarking can be used to measure internal progress and performance relative to competitors and compare your processes to world-class companies. The purpose of benchmarking is to develop new methods or improve existing processes to meet this higher standard.
Benchmarking is not just about surveying other companies or visiting and documenting another company's facilities or processes. When using benchmarking, a company should not be limited to its industry, nor should the benchmarking be a one-off event.
To know more about the Benchmark,
brainly.com/question/29418172
#SPJ4
Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold
Answers
The low setting makes the company the most money in sales, with a total revenue of $1980
To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.
For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.
Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980
To learn more about revenue here:
https://brainly.com/question/8645356
#SPJ1
A. Where and when was the first CPK created? By whom?
B. What was their concept?
C. How many locations did CPK have in 2007?
D. What percentage of the stores were in California?
E. Why was the casual dining model a success?
F. What are CPK's three sources of revenue?
Answers
The first California Pizza Kitchen (CPK) was created in Beverly Hills, California in 1985 by lawyers Rick Rosenfield and Larry Flax.
The concept behind CPK was to provide innovative and high-quality pizzas using non-traditional ingredients, such as barbecue chicken and Thai peanut sauce.
In 2007, CPK had 213 locations worldwide. Around 70% of CPK's stores were located in California in 2007.
The casual dining model was a success for CPK because it allowed them to provide a more relaxed atmosphere for customers while also offering a unique and diverse menu.
CPK's three sources of revenue are dine-in sales, take-out and delivery sales, and franchise fees.
To know more about California Pizza Kitchen visit:
https://brainly.com/question/28393058
#SPJ11
april has joined a team with members from the sales customers service and shipping and receiving departments which term best describes the team april joined
Answers
Answer:
A cross-functional team
Explanation:
A cross-functional team is composed of members with different skills, experiences, and backgrounds. In organizations, cross-functional teams will have members from various departments. The teams are formed to undertake projects that require input from different experts.
April has joined a cross-functional team. The team has members from many departments. Cross-functional are temporally and get dissolved when the project is complete.