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Vitek1552 [10]
2 years ago
15

After assessing the results from a recent customer survey, top managers at Gibraltar Corporation are convinced their firm is doi

ng a poor job of responding quickly to customer needs. This has the managers very worried. Empowerment might be an approach that would help Gibraltar improve its responsiveness.
1. True
2. False
Business
2 answers:
solniwko [45]2 years ago
6 0

Answer:

The correct answer is number (1): True.

Explanation:

Empowerment refers to the delegation of power from managers to subordinates. By doing so, executives allow employees to be more independent in decision-making situations which generates confidence in themselves to solve problematic cases. Besides, workers' commitment to their duties is likely to increase moreover when employees what to prove managers they can handle operations efficiently.

Thus, <em>Gibraltar Corporation can definitely improve responsiveness by empowering customer service representatives.</em>

vivado [14]2 years ago
4 0

Answer:

Empowerment approach is a type of approach which empowers people to do their tasks and this way they feel more confident working for the company.

Here in this question, I think that empowerment approach can be a good way to improve the responsiveness of the company because this way, it will create a sense of security in amongst the workers and they will feels confident to respond to customer needs by themselves, which in turn will ultimately lead to quick responding to the customer needs by the company. So yes, i think the answer is TRUE.

Hope this clear things up. Thank You.

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House of Haddock has 5,000 shares outstanding and the stock price is $140. The company is expected to pay a dividend of $20 per
Alenkinab [10]

Answer & Explanation:

(a) Gordon growth model:

Gordon growth model is a type of dividend discount model in which not only the dividends are factored in and discounted but also a growth rate for the dividends is factored in and the stock price is calculated based on that.

Formula:

P =  D1   / (r − g)

where:

P = Current stock price

g = Constant growth rate expected for

dividends, in perpetuity

r = expected return in the stock

D1  = Value of next year’s dividends

​  

As House of Haddock has 5,000 shares outstanding and the stock price is $140 and the company is expected to pay a dividend of $20 per share next year and thereafter the dividend is expected to grow indefinitely by 5% a year.​

Therefore by putting the values in the above formula, we get

140 = 20 / ( r - .05 )

r = .192857

As the stock price is $140

So total value of the company = 140 * 5,000

total value of the company = 700,000

If the dividend growth rate is cut to 2.5%

P = 20/(.192857-.025)

P (one share) = 119.14

So the total value of the company becomes 595,745.

(b)

The expected stream of dividends per share for an investor who plans to retain his shares rather than sell them back to the company can be found be multiplying the previous dividend per share with 1.025

Expected stream of dividends per share = 20 * 1.025

= 20.5

Expected stream of dividends per share = 20.5 * 1.025

= 21.01

Expected stream of dividends per share for an investor = 20, 20.50, 21.01, 21,54 and so on.

8 0
2 years ago
Ring Company designs and builds jewelry. During June it had applied overhead of $120,000. Overhead is applied at the rate of 75%
igomit [66]

Answer:

4.500

Explanation:

According with the information say that the $120.000 correspond to overhead to the rate of 75% of direct labor force, so you have to calculate the portion that is directed to the direct labor cost:

Direct labor cost: $120.000 * 75%

Direct labor cost: $ 90.000

Now you know that the average wages per hour of the direct labor force is $20. Now you have to divide the direct labor cost by the average salary per hour to calculate the number of hours worked in June.

Number of hours = $ 90.000/$20

Number of hours = 4.500  

3 0
2 years ago
Helga runs a website on which she sells houseplants. She also earns through pay-per-click advertising that allows search engines
DerKrebs [107]

Answer: a. Gardening gloves

b. Terracotta planters

c. Garden scissors

d. Watering cans

Explanation:

From the question, we are informed that Helga runs a website on which she sells houseplants and that she also earns through pay-per-click advertising that allows search engines to show targeted ads on her site.

All the products will be advertised on her website. The gardening gloves, terracotta planters, garden scissors and the watering cans are all materials that are required for plant growth to provide water and keep weeds away.

6 0
2 years ago
You have just reviewed the financial statements of Penelope's Candy Store (PCS). You have determined that PCS has a Profit Margi
Contact [7]

Answer and Explanation:

Penelope Hassey has to assume that the total sale of the firm is $100 and given that the Profit Margin ratio is 19%.

The scenario shows that on every $100 of sale company get a net profit margin of $19

Note :

Profit margin = Net sales × Profit margin ration

Profit margin = $100 × 19%

Profit margin = $19

3 0
2 years ago
Which two of the four cs of credit have to do with earning potential and available cash?
Natali5045456 [20]

The four 'Cs' of credit  are : Character, Capacity or Cashflow, Capital and Conditions.

Out of the 4 'Cs' of credit, the two 'Cs' that deal with the earning potential and available cash are 'Capacity' and 'Capital'.

Capacity: It is the  assessment the of the ability of any business to pay bills and maintain the cash flow. It contains in it  the debt  structure of the firm and the unused credit.

Capital: It is the assessment, if a company has the ability to pay back its creditors by the help of its financial resources or available cash.

7 0
2 years ago
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