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ioda
2 years ago
9

Trevor, an HR Manager at Maple Inc., wants to use the balanced scorecard to assess whether the organization is managing its bott

om line effectively. In this scenario, which of the following is a financial measure that Trevor should consider?
A. The company's training and development programs
B. The company's operating margins
C. The company's conformance with standards
D. The company's succession planning

Which of the following statements is true about turnover?

A. When key individuals leave the firm, the turnover is often functional because they no longer act as a brake on the introduction of new technology and new work processes.
B. It is illegal for an employer to continue to hire new employees while laying off other employees.
C. Organizations have little control over involuntary turnover.
D. The turnover of poor performers is considered functional.
Business
1 answer:
Nadya [2.5K]2 years ago
4 0
<h2>Q1. The company's conformance with standards</h2><h2>Q2.  It is illegal for an employer to continue to hire new employees while laying off other employees.</h2>

Explanation:

Question 1:

Ability to meet designed specification is called conformance. So since the HR manager wants to check if the organization is managing its bottom line, it is better to measure whether the contributions meet the expectations.

Question 2:

When the turnover is not up to the mark, then it is not recommended to hire a new one and send off the existing employee. We can increase turn over only with the existing set and on need the company can hire new people.

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Which method of analysis does not classify variables as dependent or independent?
Masja [62]

Answer:

C) cluster analysis

Explanation:

Regression analysis. The regression analysis determines the relationship between the two variables. Thus, one of these quantities (X) is given in advance(dependent) and is not random. The second value (U) is the independent and random number. The randomness of the second quantity can be explained for two reasons. First: Measuring the random number U, which depends on the number X, is associated with certain errors; second: The value of U may depend on other uncontrollable factors, in addition to being dependent on the value of the corresponding X value. In this case, we need to talk about the distribution of the random variable U against each value of the X variable.  The main purpose of the regression analysis is to build a mathematical model that takes into account the factors affecting the physical process using experimental data and evaluating its accuracy.  The least squares method is used for statistical estimation of the mathematical model's suitability to experimental data.

Discriminant analysis is a method used in statistics, pattern recognition, and machine learning to find a linear combination of attributes that define or distinguish two or more classes or events. The resulting combination can be used as a linear classifier or more often to reduce the size before classifying.  LDA is closely related to variance analysis (ANOVA) and regression analysis, which try to express a dependent variable as a linear combination of other properties or dimensions. However, while variance analysis uses qualitative independent variables and a continuous dependent variable, discriminant analysis has continuous independent variables and a qualitative dependent variable.

Cluster analysis or clustering is a problem of grouping a number of objects. In this problem, objects must be in some way more similar to those in other groups to accommodate the same clusters (clusters). One of the main problems with data transmission is a common technique used in statistical data analysis. It is also used in machine learning, pattern recognition, image analysis, data retrieval, bioinformatics, data compression and computer graphics.

One-way analysis of variance (ANOVA) is used to calculate the significance of the difference between three and more independent means in a normally distributed series. ANOVA compares the arithmetic means of three or more groups alone; ANOVA result is also significant when at least one of these comparisons is significant. To measure the significance it will have the relation to the regression analysis that's why there will be dependent and independent variables as well.

6 0
2 years ago
Read 2 more answers
Pearl Co. both purchases and constructs various equipment it uses in its operations. The following items for two different types
Nonamiya [84]

Answer:

i. The total cost for Purchase equipment

Particulars                                               Amount

Cash paid for equipment, including      $130,200

sales tax of $6,200

Freight and insurance cost while            $2,480

in transit  

Cost of moving equipment into               $3,844

place at factory  

Wage cost for technicians to test             $4,960

equipment  

Special plumbing fixtures required for     $9,920

new equipment                                         <u>                </u>

Total Purchase cost                                  <u>$151,404</u>

<u />

ii.The total cost of construction price of equipment

Particulars                                                            Amount

Material and purchase part                               $245,520

Labor Cost                                                          $235,600

Overhead Cost                                                   $62,000

Cost of Installing equipment                             <u>$5,456     </u>

total cost of construction price of equipment  <u>$548,576</u>

<u />

<u>Workings</u>

Material and purchased parts = Gross cost - Cash discount on gross cost

=$248,000 - (1%*$248,000)

=$248,000 - $2480

=$245,520

3 0
2 years ago
Candid, Inc., is a manufacturer of digital cameras. It has two departments: assembly and testing. In January 2014, the company i
Lina20 [59]

Answer:

1) Unit Costs= Total Costs/ No of Units=  $ 321

2)The unit cost of an assembled camera in February 2014  $ 335

Explanation:

Candid, Inc.

Direct materials $800,000

Conversion costs, $805,000

Total manufacturing cost $1,605,000.

We find the unit costs by dividing the total cost with the number of units produced.

Units Produced 5,000

1) Unit Costs= Total Costs/ No of Units= $1,605,000 /5,000= $ 321

2)      Particulars         Units           % of Completion        Equivalent Units

                                                       D. Materials    C.C       D. Mat    C. Costs

       Production         4000         100                 100        4000           4000

<u>    Still in Process     1000           100                60           1000           600</u>

<u>Total Equivalent Units                                                       5000        4600</u>

We find the number of Equivalent units to find the exact costs incurred.

Feb Equivalent units for direct materials = 5000

Feb Equivalent units for  conversion costs = 4600

Direct materials costs per Equivalent units = $800,000 /5000= $160  

Conversion costs per Equivalent units = $805,000/4600= $ 175

2-b) The unit cost of an assembled camera in February 2014= $160  + $ 175= $ 335

3) There is a difference in the unit costs of 1 and 2 because  in situation 1  5000 units were completed and in situation 2 only 4600 units were completed with the same costs. There's a difference of $ 14 . The Feb costs are $ 14 more  because of the difference in number of units.

7 0
2 years ago
​Matthew's Fish Fry has a monthly target operating income of​ $6,600. Variable expenses are​ 80% of sales and monthly fixed expe
Natasha2012 [34]

Answer:

The correct answer is C

Explanation:

Break even Sales is computed as:

Contribution margin ratio = Fixed Cost / Break even Sales

where

Contribution margin ratio = 1 - Variable expense of 80%

= 20%

Fixed Cost is $840

30% = $840 / Break even Sales

Break even Sales = $840 / 20%

= $4,200

The actual sales is computed as:

Actual Sales = (Fixed Cost + Desired Profit) /  Contribution margin ratio

= ($840 + $6,600) / 20%

= $7,440 / 0.2

= $37,200

The margin of safety is computed as:

Margin of Safety = Actual Sales - Break even sales

= $37,200 - $4,200

= $33,000

5 0
2 years ago
Which of the following statements is true of agglomeration? Agglomeration creates a demand that forces a skilled labor force to
Dvinal [7]

Answer:

The correct answer is letter "C": Agglomeration advantages stem from knowledge spillover from one firm to another.

Explanation:

In Business, Agglomeration refers to the cluster of companies in one common physical area. Agglomeration is divided into two categories: <em>urbanization economies </em>and<em> localization economies</em>. Urbanization economies refer to businesses sharing the same physical area even if they are dedicated to providing different goods or services.

Localization economies, instead, refers to firms of the same industry being located in a common location. In such a scenario, companies can take advantage of the same pool of labor and the quick spread of ideas among entities or the knowledge spillover.

7 0
2 years ago
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