Which one of the following statements is correct concerning a firm's non-current assets? Select one: a. The book value is always lesser than the market value. b. The market value is equal to the purchase price minus accumulated depreciation. c. The market value is affected by the current book value. d. The selling price is equal to current market value.
Answers
The correct statement concerning a firm's non-current assets is that the market value is equal to the purchase price minus accumulated depreciation. Hence, Option (B) is correct.
Accumulated depreciation represents the portion of the asset's value that has been allocated as an expense over time due to wear and tear, obsolescence, or other factors.
As the asset ages and incurs depreciation, its market value tends to decrease.
The purchase price is the original cost paid to acquire the asset.
Subtracting the accumulated depreciation from the purchase price provides an estimate of the remaining value of the asset in the market.
This reflects the notion that the asset's value has decreased over time due to usage and aging.
Thus, the market value of a non-current asset is commonly calculated as the purchase price minus accumulated depreciation.
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Related Questions
Bebarly appreciates compliments about her new photography business but really values constructive criticism, as she can then address particular issues. According to Julian Rotter, Bebarly has a(n)
Answers
Assuming Bebarly appreciates compliments about her new photography business but really values constructive criticism. According to Julian Rotter, Bebarly has a(n): internal locus of control.
What is internal locus of control?Internal locus of control can be defined as the way in which a person or an individual believe that whatsoever happen to them is as a result of their own capabilities.
A person with Internal locus of control personality will tend to believe that their action is what lend to the positve result they had just as in the case of Bebarly.
Inconclusion according to Julian Rotter, Bebarly has a(n): internal locus of control.
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in any year, the eurobond segment of the international bond market accounts for approximately what percent of new bond offering? group of answer choices 10 percent 25 percent 50 percent 80 percent
Answers
As of my last knowledge update in September 2021, the eurobond segment of the international bond market accounted for approximately 25 percent of new bond offerings.
The eurobond market refers to the issuance of bonds in a currency different from that of the country in which it is issued. Historically, the eurobond market has represented a significant portion of new bond offerings, typically around 25 percent. This indicates the popularity and importance of eurobonds as a financing instrument for both issuers and investors in the international bond market. However, it's important to note that market dynamics can change over time, and the current percentage may differ.
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The different fabrics preferred by customers
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true or false? you should revisit your kpis every 18 months.
Answers
Answer:
false
have a nice day!!!
Nittany company uses a periodic inventory system. at the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1:
units unit cost
inventory, december 31, prior year 1,950 $ 5
for the current year:
purchase, march 21 5,050 7
purchase, august 1 2,810 8
inventory, december 31, current year 4,070
required: compute ending inventory and cost of goods sold for the current year under fifo, lifo, and average cost inventory costing methods. (round "average cost per unit" to 2 decimal places and final answers to nearest whole dollar amount.)
Answers
The ending inventory for the current year under fifo, lifo when Nittany company uses a periodic inventory system will be 31300 and 24590 respectively.
How to calculate the ending inventory?Ending inventory simply means the value of goods that are available for sale as held by a company at the end of the accounting period.
The ending inventory under FIFO will be:
= (2810 × 8) + 7(4070 - 2810)
= 22480 + 7(1260)
= 22480 + 8820
= 31300
The ending inventory under LIFO will be:
= (1950 × 5) + 7(4070 - 1950)
= 9750 + 7(2120)
= 9750 + 14840
= 24590
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_____ is one minus the class 0 error rate. a. accuracy b. specificity c. cutoff value d. sensitivity
Answers
Specificity is one minus the class 0 error rate. The correct answer is option (b).
Specificity is a statistical measure that represents the proportion of true negatives (class 0 instances correctly classified as class 0) out of all actual class 0 instances. It is calculated as one minus the class 0 error rate. In other words, specificity captures how well a classification model can correctly identify instances that do not belong to the target class (class 0). Accuracy (option a) represents the overall correctness of predictions and is calculated by dividing the sum of true positives and true negatives by the total number of instances.
Sensitivity (option d), also known as recall or true positive rate, measures the proportion of true positives (class 1 instances correctly classified as class 1) out of all actual class 1 instances. Cutoff value (option c) refers to the threshold used to determine the class label based on the model's predicted probabilities or scores.In summary, specificity specifically focuses on the correct identification of instances that do not belong to the target class, and it is derived from the complement of the class 0 error rate. Hence option (b) is the correct answer.
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Which of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above
Answers
Answer:
D
Explanation:
Answer:
D. All the above
Explanation:
how do you feel about testing?
Answers
Well I feel like test give me some much anxiety. I get very nervous and worried even if I had studied for the test. Test also sometimes make me feel shaky lol. But overall I feel like test just stresses students out and it’s not really good
Explanation:
if a fixed cost does not change as output changes, why do you still have to pay it if you produce zero output?
Answers
If a fixed cost does not change as output changes then there are some inputs that you must commit to just to get into the market. For example, you may need factory space.
In accounting and economics, 'fixed charges', also known as indirect expenses or overhead charges, are enterprise fees that aren't depending on the level of products or services produced by the commercial enterprise.
They have a tendency to be recurring, including hobbies or rent being paid consistently with the month. these charges also tend to be capital expenses. constant charges are costs that don't exchange while sales or manufacturing volumes grow or lower. that is because they are not without delay related to producing a product or handing over a carrier.
Examples of constant fees are rent and lease fees, salaries, application payments, insurance, and mortgage repayments. a few kinds of taxes, like business licenses, also are constant fees. seeing that you need to pay fixed fees irrespective of how an awful lot you promote, you need to be careful about adding constant charges to your small enterprise.
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You sell each bracelet for $200, with variable costs at $100 per unit. when you deduct the $100 costs from the selling price of each unit, what remains is the per-unit contribution to _______ costs.
Answers
We promote each bracelet for $200, with the variable cost of $100 in line with the unit. whilst we deduct the $100 charges from the selling fee of each unit, what stays is the according-to-unit contribution to the interrupt-even cost.
whilst the price charged is certainly greater than or less than the equilibrium price set by using market forces of both demand and supply, it's far known as a fee floor decrease fee floors have indeed been verified to be unsuccessful via commentary. The relevance of the rate floor inside the exertions market has been determined. whilst you input right into a rate conflict with one in every one of our opponents, like in the instance above. throughout this pricing warfare, your floor charge might be $100.
Manufacturing facility price saves the seller cash on transport fees and administration whilst passing the threat of loss on to the buyer.
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What words come to mind, both positive and negative, when you think about budgeting?
Answers
Answer:
Positive:
-Managing money
-Saves money for other things
Negative:
-May be hard to budget if you need a lot
Hope this helps! These are just what come to mind in my opinion.
Ken Iwig is the president, founder, and majority owner of Olathe Medical Corporation, an emerging medical technology products company. Olathe is in dire need of additional capital to keep operating and to bring several promising products to final development, testing, and production. Ken, as owner of 51% of the outstanding stock, manages the company's operations. He places heavy emphasis on research and development and on long-term growth. The other principal stockholder is Barb Lowery who, as a nonemployee investor, owns 40% of the stock. Barb would like to deemphasize the R&D functions and emphasize the marketing function, to maximize short-run sales and profits from existing products. She believes this strategy would raise the market price of Olathe's stock.
All of Ken's personal capital and borrowing power is tied up in his 51% stock ownership. He knows that any offering of additional shares of stock will dilute his controlling interest because he won't be able to participate in such an issuance. But, Barb has money and would likely buy enough shares to gain control of Olathe. She then would dictate the company's future direction, even if it meant replacing Ken as president and CEO.
The company already has considerable debt. Raising additional debt will be costly, will adversely affect Olathe's credit rating, and will increase the company's reported losses due to the growth in interest expense. Barb and the other minority stockholders express opposition to the assumption of additional debt, fearing the company will be pushed to the brink of bankruptcy. Wanting to maintain his control and to preserve the direction of "his" company, Ken is doing everything to avoid a stock issuance. He is contemplating a large issuance of bonds, even if it means the bonds are issued with a high effective-interest rate.
Instructions:
(a) Who are the stakeholders in this situation?
(b) What are the ethical issues in this case?
(c) What would you do if you were Ken?
Answers
The stakeholders are Ken Iwig. The ethical issues include conflict of interest, the duty of care, transparency, and disclosure, and fair treatment of minority shareholders. Ken should prioritize the long-term interests of the company and stakeholders, evaluate options, and ensure fair treatment of minority shareholders. If consensus cannot be reached, selling his majority ownership stake may be considered.
(a) The stakeholders in this situation are Ken Iwig, the president, founder, and majority owner of Olathe Medical Corporation, who is in control of the company's operations and wants to maintain his control and preserve the direction of "his" company.
Barb Lowery, the other principal stockholder, wants to deemphasize the R&D functions and emphasize the marketing function, to maximize short-run sales and profits from existing products.
The minority stockholders are opposed to the assumption of additional debt and fear the company will be pushed to the brink of bankruptcy.
The company, Olathe Medical Corporation, is in dire need of additional capital to keep operating and to bring several promising products to final development, testing, and production.
(b) The ethical issues, in this case, are Conflict of interest: Ken's personal interests as the majority owner of Olathe Medical Corporation may conflict with the interests of other stakeholders, such as Barb and the minority stockholders.
Duty of care: Ken has a duty to act in the best interests of the company and its stakeholders, which may involve making difficult decisions, such as raising additional capital or pursuing a different direction for the company.
Transparency and disclosure: Ken should disclose the potential risks and benefits of different options to all stakeholders and allow them to make informed decisions.
Fair treatment of minority shareholders: Ken should ensure that the minority shareholders are treated fairly and not unduly prejudiced by any decisions he makes.
(c) If Ken were in this situation, he should consider the long-term interests of the company and its stakeholders, rather than his own personal interests as the majority owner.
He should evaluate the potential risks and benefits of different options, such as raising additional capital through a bond issuance or pursuing a different direction for the company.
He should also ensure that the minority shareholders are treated fairly and not unduly prejudiced by any decisions he makes. If he is unable to reach a consensus with the other stakeholders, he may need to consider selling his majority ownership stake in the company to a third party who can bring a different perspective and direction to the company.
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who is elon musk......
Answers
Answer:
Elon Musk FRS an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is one of the richest people in the world.
According to the environment industry organization for model cell 2 represents which of these environments
Answers
It should be noted that in the environment industry organization model, cell 2 simply means B. Complex stable environment.
The business or industry environment simply means the environment where an organization operates. It includes the customers, partners, suppliers, etc.
In the environment industry organization model, cell 2 simply means the complex stable environment.
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what are the two segments of the restaurant and foodservice industry
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The two segments of the restaurant and foodservice industry are the commercial segment and the non-commercial segment.
The restaurant and foodservice industry can be broadly divided into two main segments: the commercial segment and the non-commercial segment.
The commercial segment includes establishments that operate for-profit and aim to generate revenue through the sale of food and beverages. This segment includes various types of restaurants, such as fine dining restaurants, casual dining restaurants, fast-food restaurants, and cafes. It also includes catering services, food trucks, and other foodservice providers that primarily serve customers for monetary gain.
On the other hand, the non-commercial segment comprises establishments that provide food and beverage services but do not primarily operate for profit. This segment includes institutions such as schools, hospitals, government facilities, and military bases, where foodservice is provided to fulfill a specific purpose rather than generating profit. Non-commercial foodservice establishments often have different goals and considerations compared to commercial establishments.
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The scientific approach to management emerged in the early 20th century when companies wished to increase worker productivity to counteract _____.
Answers
The scientific approach to management emerged in the early 20th century when companies wished to increase worker productivity to counteract labour shortages.
What is labour shortages?Labor shortage occurs when employers are having a difficulty recruiting qualified applicants for a particular job openings.
In this case, there is a job but no suitable employee to fill space this could be because some jobs are not easy to fill.
Therefore, the scientific approach to management emerged in the early 20th century when companies wished to increase worker productivity to counteract labour shortages
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Carlene is saving her money to buy a $500 desk. She deposits $400 into an account with an annual interest rate of 6% compounded continuously. The equation mc021-1. Jpg represents the situation, where t is the number of years the money needs to remain in the account. About how long must Carlene wait to have enough money to buy the desk? Use a calculator and round your answer to the nearest whole number. 4 years 7 years 9 years 20 years.
Answers
Option (A) is correct. Carlene must wait for approximately 4 years to have enough money to buy the desk.
Given: Carlene is saving her money to buy a $500 desk. She deposits $400 into an account with an annual interest rate of 6% compounded continuously.
The equation 400e^(0.06t) = 500 represents the situation, where t is the number of years the money needs to remain in the account.
Given equation is 400e^(0.06t) = 500.
To solve for t, divide both sides by 400.
e^(0.06t) = 500/400
= 1.25
Take natural logarithm on both sides.
ln(e^(0.06t)) = ln(1.25)0.06t
= 0.22314t
= 0.22314/0.06t
≈ 3.7
≈ 4 (Rounded to the nearest whole number)
Therefore, Carlene must wait for approximately 4 years to have enough money to buy the desk.
Option (A) is correct.
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Judy and Amy are having lunch together and decide to split the bill equally. Amy ordered more expensive items than she normally would because she is ______ price sensitive when sharing the cost.
Answers
Amy ordering more expensive foods and deciding to share the bill means
she is less price sensitive .
Less sensitivity of price usually occurs when there aren't available
substitutes for a particular product. Amy and Jude visits the restaurant for
lunch in which the price here is always fixed with no alternatives.
This makes Amy order the food regardless despite the idea of sharing the
cost with the other party. This thereby means that she is less sensitive to the
price when sharing the cost.
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When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.) Multiple select question. adding the preferred stock balance to total stockholders' equity subtracting preferred stock dividends from net income subtracting the preferred stock balance from total stockholders' equity adding the preferred stock dividends to net income
Answers
With both common and preferred stocks, the company's ROE must be adjusted by B. subtracting preferred stock dividends from net income and C. subtracting the preferred stock balance from total stockholders' equity.
ROE means Return on Equity. It refers to the financial measure that determines the profitability of Common Stockholders' investments versus the profits due to them.
Thus, to arrive at the ROE, the preferred stock dividends must be deducted from the net income, and the resulting figure is divided by the balance of the total stockholder's equity after subtracting the preferred stock.
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Consider a perfectly competitive firm that produces computers. Each additional worker at this firm can produce four computers.
Answers
A hypothetical perfectly competitive firm is referred to as perfect competition. There are no monopolies under a scenario of perfect competition.
What are the characteristics of perfectly competitive firm?A few essential traits of this type of structure include:
All businesses sell the same thing (the product is a commodity or homogeneous and perfectly competitive firm).Every company is a price taker (they cannot influence the market price of their products).Price changes are unaffected by market share.Buyers have complete or perfect knowledge of the product being offered and the prices each company is asking (in the past, present, and future).Labor and capital resources are completely mobile.Companies are not charged to enter or leave the market.To know more about perfectly competitive firm with the given link
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mathadvanced mathadvanced math questions and answersif annual demand = 2500, order cost = $50, annual holding cost rate = 15%, and the purchase price = $120 for orders of less than 10,000 units, or $105 for orders of 10,000 units or more, should youtake the discount? also, what is the minimum total cost? ?a. no--$116,280b. yes--$208.477c. no--$341,263 d.
Question: If Annual Demand = 2500, Order Cost = $50, Annual Holding Cost Rate = 15%, And The Purchase Price = $120 For Orders Of Less Than 10,000 Units, Or $105 For Orders Of 10,000 Units Or More, Should Youtake The Discount? Also, What Is The Minimum Total Cost? ?A. No--$116,280b. Yes--$208.477c. No--$341,263 D.
If annual demand = 2500, order cost = $50, annual holding cost rate = 15%, and the purchase price = $120 for orders of less than 10,000 units, or $105 for orders of 10,000 units or more, should you
take the discount? Also, what is the minimum total cost? ?
a. No--$116,280
b. Yes--$208.477
c. No--$341,263
d. Yes--$302,120
Answers
The annual demand is given as 2500 units. To determine whether you should take the discount or not, we need to compare the total cost of ordering with and without the discount.
If the purchase price is $120 for orders of less than 10,000 units, and the order quantity is 2500 units, the total cost without the discount can be calculated as follows: Order cost = $50 Holding cost = (Annual demand / Order quantity) * Purchase price * Annual holding cost rate = (2500 / 2500) * $120 * 0.15 = $18 Total cost without discount = Order cost + Holding cost = $50 + $18 = $68 If the purchase price is $105 for orders of 10,000 units or more, and the order quantity is 2500 units.
The total cost with the discount can be calculated as follows: Order cost = $50 Holding cost = (Annual demand / Order quantity) * Purchase price * Annual holding cost rate = (2500 / 2500) * $105 * 0.15 = $15.75 Total cost with discount = Order cost + Holding cost = $50 + $15.75 = $65.75 Comparing the total costs, we see that the total cost with the discount ($65.75) is lower than the total cost without the discount ($68). Therefore, you should take the discount.
Now, let's find the minimum total cost. Since the total cost with the discount is lower, the minimum total cost is $65.75. In conclusion, you should take the discount, and the minimum total cost is $65.75.
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how do i make a sandwich if my teacher was 35 and her husband was 3 and i was 36
Answers
Answer:
WHATTTTTTT XD
Explanation:
Can i have a brainiest i kind of need them
Also you might need therapy
Answer:
first how in heck are you till in school and sec HOW IN THE HELL IS HE 3
explanation:
Gobi is an employee of Haz-Mat, Inc. He refuses a transfer to a Haz-Mat department in which several employees suffered serious injuries from exposure to hazardous materials. Under the Occupational Safety and Health Act, Gobi may be Group of answer choices
Answers
The Occupational Safety and Health Act protects employees that have suffered serious injuries from exposure to hazardous materials if they refuse a transfer to a Haz-Mat department.
What was the aim of the Occupational Safety and Health Act?The Occupational Safety and Health Administration (OSHA) was founded by Congress in 1970 to control or guarantee dependable and healthy working states for workers by launching measures as well as furnishing training, education, reaching, and help.
Therefore, The Occupational Safety and Health Act protects employees from serious injury if they refuse a transfer to a Haz-Mat department if the refusal is due to exposure to hazardous materials.
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If, after a deposit outflow, a bank needs an additional $3 million to meet its reserve requirements, the bank can A) reduce deposits by $3 million. B) increase loans by $3 million. C) sell $3 million of securities. D) repay its discount loans from the Fed
Answers
The bank can sell $3 million of securities to raise the funds it needs to meet its reserve requirements. thus correct optiion a)
When a bank experiences a deposit outflow, it may need to raise additional funds to meet its reserve requirements. Reserve requirements are the amount of funds that banks are required to hold in reserve either as cash in their vaults or on deposit with the central bank. The reserve requirements are expressed as a percentage of the bank's deposits.
If a bank needs additional funds to meet its reserve requirements, it can sell securities to raise the required funds. Selling securities, such as government bonds or corporate bonds, is a way for the bank to raise funds quickly without having to reduce deposits or increase loans.
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review the table below. highlight or circle the option for bodily injury coverage you would purchase. in the box below, explain why you chose your selection.
to anyone who can help, thanks
Answers
The bodily injury coverage that would be purchased in this case is the C. Enhanced Option with maximum coverage of $300,000 and a premium of $85.
What is an insurance premium?An insurance premium is a periodic fee that the insured pays to the insurer for the insurance contract.
The premium is meant to be a contribution of all the insured which the insurer pools together to meet the event of a loss.
Thus, the bodily injury coverage that would be purchased in this case is the C. Enhanced Option with maximum coverage of $300,000 and a premium of $85.
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Question 5 of 10 What does the Occupational Safety and Health Administration (OSHA) do? O A. It requires employers to budget a certain amount of money for health and safety measures. B. It mandates that employees submit to medical testing to determine if they are able and healthy enough to do their jobs. C. It governs job-related health and safety in the private sector and federal government in the United States. D. It requires safety equipment and health exams to be available for railroad workers. please hurry this is timed.
Answers
Answer:
C
Explanation:
OSHA governs job-related health and safety in the private sector and federal government in the United States. It sets and enforces standards for workplace safety, provides training and education to employers and employees, and conducts inspections to ensure compliance with regulations. Thus, option C is correct.
What is the Occupational Safety and Health Administration?The Occupational Safety and Health Administration (OSHA) is a United States federal agency that is responsible for setting and enforcing workplace safety and health standards.
It was created as part of the Occupational Safety and Health Act of 1970, and its mission is to prevent work-related injuries, illnesses, and deaths by promoting safe and healthy working conditions.
OSHA establishes and enforces standards, provides training and education, and conducts inspections to ensure that employers are complying with regulations.
Its jurisdiction covers most private sector employers and their workers, as well as some public sector employers and workers in the United States.
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If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement
Answers
Answer:
The answer is D. Income statement
Explanation:
Answer:
D. income statement
Explanation:
i took the test
The TieDown Company has been an established company in the United States since 1938. It manufactures specialty fastening materials used by trucking, storage, and construction firms. It is increasingly facing competition from companies that have manufacturing facilities around the world. Many of those companies have lower production costs, allowing them to undercut TieDown’s prices to customers. Several of TieDown’s U.S. competitors have moved manufacturing facilities to other countries where wage rates are lower, whereas others have either been bought out by foreign firms or have gone out of business. TieDown’s management wants to remain in the United States and retain its loyal employees, but it has to find a way to reduce costs. Profits have been declining, and it is clear that major changes must be undertaken. After careful thought and study, the company’s executive team has developed a strategy it believes will allow TieDown to remain in its current location, become competitive once again, and return to its previous level of profitability over a period of five years.
As a part of its new strategy, the company will implement a major change in the way it produces its belts and fasteners. In the past, most production was handled by skilled machine operators who completed a three-year apprenticeship program before operating the manufacturing equipment on their own. A new computerized manufacturing process will allow the main production activities to be performed by people with fewer skills who require only a very short training period. That means the company will reduce the number of machine operators by 20 percent and will cut the pay rate for machine operators by $6 per hour. However, the company will need a number of computer programmers and computer technicians for the new equipment. Those jobs will pay $5 per hour more than the average skilled machine operator is currently making.
TieDown will encourage the current operators to switch jobs and will provide the needed training for the new computer jobs. It is expected that nearly half of the current machine operators will be able to switch jobs if they choose to do so. The rest can be employed in the new production jobs but will have to take the lower pay rate for the job. To make the change easier for those operators, TieDown will provide a one-time payment equal to one month’s wages to help them with the adjustment to the new job and pay rate.
base your questions on what you have learned in the textbook!
Think Critically ANSWER THE QUESTIONS BELOW
1.What is your opinion of TieDown’s plans for the change to the new production equipment and jobs?
2,What would you recommend that the company do, if anything, for the machine operators who are not hired for the computer positions and choose not to accept the pay reduction?
3.As the production manager, explain how you would handle the changes described to get employee support.
Answers
My opinion concerning TieDown's new production strategy to cut cost is that is will generally lead to more revenue for the company but it will demoralize its operators.
I would recommend that the company pays them a one-time payment which is equal to their three months wages or employ them in other areas of the supply chain.
As a production manager, I will introduce a productivity allowance and this will serve as an incentive to hardworking employees.
What is Productivity Allowance?Productivity allowance is a payment made as an incentive to reward hardworking employees for their contribution to company's revenue generation.
Productivity allowance is usually measured after the company must have met and exceeded its expected revenue for the financial year. Any excess money generated by the company can then be shared amongst its employees depending of their positions in the company.
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What are B2C and B2B sales?
Answers
B2C and B2B sales refers to business-to-consumer and business-to-business sales respectively.
What is business-to-consumer sales?Business-to-consumer (B2C) companies having consumers as their end-users increasingly came to be known by this phrase when it gained popularity in the 1990s.
This contrasts with business-to-business (B2B) firms, or those whose main customers are other businesses. B2C businesses conduct their business online and offer goods to clients. Several B2C corporations include Amazon.
B2C, or business-to-consumer, is a retail model where things are delivered directly to the customer who has made a personal purchase of the goods or service.
Business-to-business sales are referred to as B2B sales. It describes enterprises or salespeople who engage in direct business-to-business (B2B) sales of goods and services.
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Select the correct answer from each drop-down menu. Kevin is a store manager and has employees from diverse cultures reporting to him. He has often seen Marcos having arguments with his colleagues, Kwa Lee and Gaurav. What can Kevin do to ensure that there is team spirit and effective communication amongst all? Kevin can first be aware of his own attitude to diversity . He can also assess Marcos and him to change his behavior toward his other colleagues. He can also think of putting them together into similar departments to encourage .
Answers
Kevin leads in an autocratic manner since he just cares about his work. He seldom ever notices his subordinates. He doesn't even compensate the workers for their efforts.
Autocratic or authoritarian behavior as a leadership style.
An authoritarian leader consolidates his own personal control over both decision-making and authority. Without speaking to the workforce, he gives directions and assigns endeavors and liabilities. The pioneer assumes all authority and responsibility.
Negative leadership that relies on threats and punishment is autocratic.
Subordinates go about as he coordinates. He neither really focuses on their perspectives nor licenses them to impact the choice. He accepts that due to his position he alone can conclude what is best in a given circumstance.
Close oversight, unambiguous guidance, and directing requests from the majority are the foundations of autocratic leadership. It functions with quick decisions, brief activity, and heading unity. A lower level of appointment is required. Nevertheless, an excess of purpose of power could result in strikes and current debates. It makes sense to instill dissatisfaction and impede the growth of the employee limit.
Kevin leads in an autocratic manner since he just cares about his work. He seldom ever notices his subordinates. He doesn't even compensate the workers for their efforts. Individual control over all choices and little participation from the group are traits of his behavior. He frequently disregards advice and makes decisions based solely on his opinions and judgments.
These sorts of choice include the utilization of power gave on the singular taking the choice by the association's design. Hierarchical decisions are those decisions taken simply in light of a legitimate concern for the association. Directors are given the authority by the firm to settle on decisions in light of a legitimate concern for the association. Notwithstanding, this authority doesn't concede them the ability to pursue individual decisions. It should likewise be perceived that while hierarchical decisions can be assigned, individual decisions can't be appointed.
To explain further the concession among individual and hierarchical choice, let us think about the accompanying model. James Harrison was terminated by the supervisor since he didn't submit to the principles of the organization. This would be an authoritative choice. In any case, assuming James Harrison was terminated essentially on the grounds that the director loathed him for not a great explanation connected with the organization then that would be an individual choice. An authoritative choice is customized yet an individual choice is non-modified.
Functional:
Typically, judgments related to everyday activities are made functionally. These kinds of tailored choices are, by definition, meant to help the organization achieve short-term objectives. Chiefs at lower and middle levels typically make these decisions. Functional decisions must be made within the framework of the organization's established practices. As a result, those that must accept functional option are allowed to exercise their very own constrained utilization caution and drive.
Simple functional decisions, such regularly procuring writing materials and other natural resources, are designed to have an impact on a certain area or division of the company. As we can see, making such a decision will only affect the buying department.
Strategic Decisions:
It is implied that decisions involving important but one-time issues qualify as critical decisions. These decisions are made using a variety of administrative skills, wisdom, and experience. Not at all like functional choices, important decisions worry the firm's drawn-out points. When making a crucial decision, the person or group making it must carefully consider how the company association and its current situation are related. Important judgments are less secure in nature since the climate is constantly changing. Another reverence among important and practical choices is that crucial judgments are made by senior management.
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Answer: The Answer is diversity, Counsel, and Interactions.
Explanation:
This is correct, I just took the test. :)