Managers must have the tools and resources necessary to "steer" the organization through future unknown conditions and often through "uncharted waters." Having a well-thought-out plan with a subsequent strategy provides the manager with some direction in these uncertain conditions.

This activity is important because the planning and strategic management processes are critical to an organization's survival and success. The goal of this exercise is to challenge your knowledge of the strategic planning process.

Place each of the steps in the planning and strategic management process below in the correct order. Rank the options below.

a. Establish the mission and vision
b. Establish the mission and vision
c. Formulate the grand strategy & strategic, tactical & operational plans
d. Formulate the grand strategy & strategic, tactical & operational plans
e. Assess the current reality
f. Open choices for matching
g. Maintain strategic control

John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?