What are the essential components of corporate strategy and how are they related?
What will be an ideal response?
The essential components of corporate strategy are mission, objectives, strategy, goals, and programs. A hierarchical model is presented in the chapter where mission resides at the tip of a pyramid, objectives that more formally define the mission support it, and strategy, goals, and programs underlie the objectives. These strategic elements must align with each other in order for an organization to be successful long term.
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The production manager for Beer etc. produces two kinds of beer: light and dark. Two of his resources are constrained: malt, of which he can get at most 4800 oz per week; and wheat, of which he can get at most 3200 oz per week
Each bottle of light beer requires 12 oz of malt and 4 oz of wheat, while a bottle of dark beer uses 8 oz of malt and 8 oz of wheat. Profits for light beer are $2 per bottle, and profits for dark beer are $1 per bottle. What are the optimal weekly profits?
In the year just past (Year 1 ) Kaos Corp had no debt. Today is January 1 of Year 2. Kaos is considering a plan to sell bonds worth $25B and use the proceeds to repurchase 2.5B shares (on the open market at $10/share)
If Kaos maintains this new level of debt in perpetuity, then what is the present value of the resulting interest tax shields? Assume that the debt is sold immediately, that the bonds are a perpetuity, and that interest is paid at the end of each year. Assume that the coupon rate on the bonds is 6% and that the tax rate is 15%. A) $0.23B B) $3.75B C) $6.0B D) $21.25B E) $25B