Answer:
These statements are correct:
In a command economy, state-owned enterprises have little incentive to control costs and be efficient.
In a command economy, the absence of competition means that state-owned enterprises do not have incentive to be efficient. This is because In command economies, these companies are most of the time monopolies who have a safer market to sell their products, because consumers lack choice.
Mixed economies were once uncommon throughout much of the world, although they are becoming more popular now.
Most economies now are mixed: in part free market economies, in part command economies. For example, in most developed countries, most sectors are left for private companies to compete, but a few areas are still directly controlled by the government, either fully or partially (for example: the healthcare sector, and education).
Answer:
Order size= $57.61 per machine hour
Explanation:
Giving the following information:
Order size:
Estimated total overhead= $581,866
Estimated total machine hours= 10,100
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Order size= 581,866 / 10,100
Order size= $57.61 per machine hour
Answer: Bagley's ethical leader's decision tree
Explanation: In simple words, It refers to a framework that helps the managers of an organisation to take decisions regarding which they are uncertain and doubtful. It take into consideration all the possibilities and shortlists them on the basis of situation priorities.
In the given case, Wendy wants to determine whether they should close the facility temprarily or permanently. They are uncertain which action would be legal and correct.
Hence from the above we can conclude that they are using Bagley decision tree.
Answer:
Organizational commitment is a strong predictor of performance.
Explanation:
What is true of organizational commitment is that Organizational commitment is a strong predictor of performance.
Organisational commitment demonstrates the bond that employees experience with their organisation.
Broadly speaking, employees who are committed to their organisation generally <u>feel a connection with their organisation</u>, feel that they fit in and, feel they understand the goals of the organisation.
It is obvious that organizational commitment is a product of motivation as only motivated employees demonstrate organizational commitment
Answer: Stereotypes can have positive (merits) and negative (problems) traits attached to it.
Explanation:
A stereotype is an over generalized, predetermined belief about a category of individuals.
Merits:
Stereotypes can help to make a perception of someone, thus filling in missing information about that person.
Stereotypes can also place individuals into certain pre - established groups, which help to organize info much more efficiently.
Stereotypes can allow one to respond to problems quicker by applying past experiences that may seem similar to the current situation.
Problems:
Generalizations about people are made, as their differences are ignored and assumptions about them are created.
Stereotypes can create employee discrimination. This is when an employee is treated differently because of a certain category that they belong to.
Stereotypes can also make it difficult for people to change their perceptions of a person with regards to qualities that may be in conflict with the stereotype.
