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Accountants for Rent Inc

Question 131

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Accountants For Rent Inc. is a placement firm for accounting professionals. It has been in business for over fifty years and operates in many major cities across Canada. Its balance sheet shows $600 million in assets, financed 40% with debt and 60% with equity. Annual profits have increased 1.5% each year for the last ten years. The company is organized into ten geographic divisions, including (but not limited to): Northern, Eastern, Central, Western, and Atlantic regions. In the coming year, Accountants For Rent managers want to: increase the client base by 5%, open at least 5 new offices (including a first international office in the United Kingdom), and boost the profit margin from 3% to 4.5%.
The elements of the strategic decision-making process are listed below. Based on the preceding narrative, give one example of each element for Accountants For Rent:
a)Organizational vision
b)Core competencies
c)Organizational strategies
d)Operating plans
e)Actual operations

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Increase the client base by 5%...

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