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sleet_krkn [62]
2 years ago
5

As a production supervisor, Joe determines the number of output units his department will produce each week. On Monday, he infor

ms his team that the schedule is going to be difficult this week due to the increased number of output units. He goes on to tell them that he is confident that they can fulfill the schedule because they are tough, talented, and "when the going gets tough, they are the ones who get going." Each day during the week, Joe checks the amount of output that the employees have completed and the number of units that have been rejected. When Joe tells the employees that he is sure they can fulfill the schedule because they are the ones "who get going when the going is tough," he is performing which management process?
Business
1 answer:
vlada-n [284]2 years ago
8 0

Answer:

leading

Explanation:

The four functions of management are:

  1. planning: involves setting the company's goals and determining the best course of action.
  2. organizing: involves coordinating and allocating resources.
  3. leading: involves motivating and directing employees.
  4. controlling: involves monitoring and evaluating performance.
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Bachmann Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the f
DaniilM [7]

Answer:

Time needed to complete the 4th unit = 57.80 hours

Explanation:

<u><em>The learning curve theory</em></u><em> states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate</em>

Total time = Average time × cumulative number of units

The cumulative average time is determined using the formula below:

Y= aX^b

a - time taken for the first unit produced

b = log LR/Log 2

X- cumulative units till date

Y - cumulative average time taken for X units

LR- Learning rate

LR = 68/80 = 0.85 = 85%

<em>Time needed to complete the 4th unit</em>

= Learning rate × time take for the 2 unit

= 85% × 68

= 57.80 hours

Time needed to complete the 4th unit = 57.80 hours

8 0
2 years ago
The core revenue principle states that
Nastasia [14]

Answer:

B

Explanation:

Companies recognize revenue when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for those goods or services.

8 0
2 years ago
Consider a Caribbean cruise route served by two cruise​ lines, Carnival and Royal Caribbean. Both lines must choose whether to c
abruzzese [7]

Answer:

Consider a Caribbean cruise route served by two cruise​ lines, Carnival and Royal Caribbean. Both lines must choose whether to charge a high price ​($320​) or a low price ​($300​) to vacationers. These price strategies with corresponding profits are illustrated in the payoff matrix to the right. ​ Carnival's profits are in red and Royal​ Caribbean's are in blue. Suppose the cruise lines decide to collude. At which outcome are joint profits​ maximized?

Joint profits are maximized when Carnival picks $320 and Royal Caribbean picks $320.

Explanation:

When Carnival picks $320 and Royal Caribbean picks $320, then joint profits are maximized.

Nash equilibrium would exist only when Royal chooses $300 and the carnival chooses $300.

However, if both Carnival and Royal Caribbean charge a lower price, both of them can earn a higher profit.

3 0
2 years ago
Pineapple Enterprises has an outstanding liability that will require them to pay Apple Co. $50,000 in 5 years. How much cash wou
Anna007 [38]

Answer:

$33,648.57

Explanation:

The computation of Required deposit today is given below:-

For computing the required deposit today first we need to find out the present value

Present value of 1 = (1 + i)^-n

= (1 + 0.02)^-20

= 0.67297133

Where, i = 8%/4

= 0.02

n = 5 × 4

= 20

Required deposit today = Future value × Present value of 1

= $50,000 × 0.672971      

= $33,648.57

4 0
2 years ago
Step Up Ladders Company provides the following financial​ information: Income from operations ​$400,000 Interest expense ​47,000
gayaneshka [121]

Answer:

13.33%

Explanation:

Income from operations ​$400,000

Interest expense ​47,000

​Gains/(losses) on sale of equipment ​3,000

Net income ​350,000

Total assets at Jan. 1 ​2,600,000 Total assets at Dec .31 ​3,400,000

the formula used to calculate return on investment (ROI) is:

ROI = income from operations / average total assets

ROI = $400,000 / {($2,600,000 + $3,400,000) / 2} = $400,000 / $3,000,000 = 0.1333 or 13.33%

Return on investment measures the profitability of an investment during a period of time.

4 0
2 years ago
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