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lozanna [386]
2 years ago
9

Lyell is a sales representative for the Nutty Boys Nut Butter Company. He is about to meet with his manager to review his progre

ss toward meeting the sales objectives they agreed to at the beginning of the year. Lyell likes the fact that managers at Nutty Boys listen to their subordinates' ideas and get everyone involved in setting goals and objectives. Lyell's experience suggests that Nutty Boys is utilizing __________.A. management by objectives (MBO).
B. programmed management.
C. the program evaluation and review technique (PERT).
D. scientific management.
Business
1 answer:
olga2289 [7]2 years ago
7 0

Answer:

A. management by objectives (MBO).

Explanation:

Lyell's experience suggests that Nutty Boys is utilizing management by objectives (MBO).

Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives <u>that are agreed to by both management and employees.</u>

In the scenario, it was stated that ''Lyell likes the fact that managers at Nutty Boys listen to their subordinates' ideas and get everyone involved in setting goals and objectives.''

Hence, her experience matches the definition of Management By Objectives.

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What is​ fraud? A. Fraud is untruthful financial reporting. B. Fraud is the misappropriation of assets. C. Fraud is the intentio
aniked [119]

Answer:

The correct answer is C. Fraud is the intentional misrepresentation of facts made for the purpose of persuading another individual to act in a way that causes injury or damage to that individual.

Explanation:

In the broadest sense, fraud can encompass any crime for profit that uses deception as its main modus operandi. More specifically, fraud is defined by the Black's Law Dictionary as:

 "A false statement knowing the truth or the concealment of a material fact for the Fraud Scheme to induce another to act at its expense."

Consequently, fraud includes any intentional or deliberate act of depriving another of property or money by cunning, deception, or other unfair acts.

Fraud can compromise a company, either internally by employees, managers, officers or owners of the company, or externally by customers, suppliers and other parties. Other ways to defraud people, rather than companies.

3 0
1 year ago
Explain how the boss at the company in the following scenario could have delegated the tasks more appropriately : Samuel and Mar
OverLord2011 [107]

Answer:

Should have had Martha negotiate the logistics of the financial deal then have Samuel come up with the strategy plan

Explanation:

Samuel is quality control so he would know how to come up with a plan to best fit customer and company need assuring that both parties get the most out of the exchange and or business agreement

5 0
2 years ago
Minden Company is a wholesale distributor of premium European chocolates. The company’s balance sheet as of April 30 is given be
Anettt [7]

Answer:(1a) schedule of cash collected $221,800, schedule of cash disbursement for merchandise purchase $118,900 (1b) cash budget closing balance $19,260 (2) Net income $26,410 (3) Balance sheet Total Asset $364,510, Total Liabilities &Equity $364,510

Explanation:

Schedule of cash collected

Sales. 257,000

Less:Cash sales. 77,100

------------

Credit sales. 179,900

Cash collected in May

Credit sales( 50% ) 77,100

Account Receivable 54,750

May sales (179,900 × 50%) 89,950

---------------

Total cash collected. 221,800

-------------------

Schedule of cash disbursements for merchandise

Cash paid for May purchases (121,000×40%) 48,400

Cash paid for April purchases. 70,500

--------------

Total purchase payment for May. 118,900

-----------------

Cash Budget

Opening balance. 9,600

Add: Receipt

Collection from customers 221,800

Bank loan. 22,000

--------------

Total cash available. 253,400

Less: Disbursements

Purchase payment 118,900

Selling Expenses. 83,700

Note payable. 18,100

Interest on Note payable 340

Purchase of refrigerating equipment 13,100

----------------

Total Disbursement. 234,140

----------------

Closing Balance. 19,260

----------------

Minden company

Budgeted income statements for the month of may

Sales. 257,000

Cost of good sold

Beginning inventory 53,750

Add: purchases. 121,000

---------------

Goods available for sale 174,750

Less: Ending inventory. 31,000

-------------

Cost of good sold. 143,750

----------------

Gross Margin. 113,250

Selling & Administrative Expenses

(83,700 + 2,800) 86,500

---------------

Net operating income. 26,750

Less: interest expense. 340

----------------

Net income. 26,410

------------------

Budgeted Balance sheet

Asset

Cash. 19,260

Account Receivable 89,950

Inventory. 31,000

Building & Equipment

Net of Deprecation.

(214,000 + 13,100 - 2,800) 224,300

-----------------

Total Asset. 364,510

------------------

Liabilities & Equity

Account Payable(121,000 × 60%) 72,600

Note payable. 22,000

Common Stock. 180,000

Retained Earnings( 63,500 + 26,410) 89,910

------------------

Total Liabilities & Equity. 364,510

------------------

8 0
2 years ago
Nasim was fired from his job after 3 years of good performance. His boss simply said that the organization was changing and did
SVEN [57.7K]

Answer: D). employment variability

Explanation: Chances are he was skilled in whatever task he was assigned to. If the company is expandeing then they moast likly found a way to replace him to save on money.

5 0
1 year ago
Accountants do not speak in terms of increases and decreases. Rather, they use technical terminology. Thus, to __________ an acc
aksik [14]

Answer:

The first gap is for Debit

The second gap is for credit

Explanation:

In accounting, Debit side(Dr) is always on the left side and credit side(Cr) is always on the right side.

The table is usually like 'T'

Debit side increases asset and expenses while credit decreases assets and expenses.

Also, Debit side decreases liability, equity and revenue while credit increases liability, equity and revenue

4 0
2 years ago
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