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kari74 [83]
2 years ago
4

Sunrise Health Systems has hired a consultant to help with organizational decision making. The consultant's first meeting is set

up to explain to the managers of Sunrise Health Systems various models of organizational decision processes. Each of the managers seems to prefer one of the models over others. When the management discussed making decisions in a crisis, the consultant suggested an effective plan for crisis management.
Which of the following elements would have been included in the plan for crisis management given by the consultant?

a) Communication actions
b) Operational goals
c) SWOT analysis
d) BCG matrix
e) Domain selection
Business
2 answers:
kolbaska11 [484]2 years ago
6 0

Answer:

Communications actions

Explanation:

The various models of organizational decision processes are all very effective and that is why each of the managers seems to prefer one of the model over the other, but when it comes to making decisions in a crisis the most effective element that must be included for crisis management as the consultant will suggest will be an effective communication action.

Proper Communication action between the Managers would be necessary in the event of a crisis because the failure of proper communication action will result to  the inability of the firm to conduct/implement a proper Crisis management system in the event that a crisis befalls the firm.

AysviL [449]2 years ago
3 0

Answer:

The correct answer is letter "A": Communication actions.

Explanation:

Crisis management refers to the set of actions firms take to mitigate unexpected events. Changes in the markets, government regulations or natural disasters are a few examples of the different risks companies are exposed to while handling businesses.  

In some other cases, crisis management could just refer to a situation in which top managers of an organization lack the skills necessary to agree over what course the institution should follow, just like in the case. Under those scenarios, communication actions are necessary. Managers should let others know why they consider their point of view is better than others and eventually a system of evaluation should be created to select the option that is most beneficial for the firm.

<em>Without communication actions, a business is unable to resolve problems related to decision-making.</em>

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Arthur is 10 years old. Tuition for one year at a public two-year college is $3,125. In 8 years, tuition is expected to increase
Elenna [48]

Answer: Yes, they could save about $5 less per month and still have enough money.

Explanation: Arthur is 10 years old. Tuition for one year at a public two-year college is $3,125. In 8 years, tuition is expected to increase 32%. Arthur’s family plans to save for his college costs for 5 years. If the family saves $75 per month, will there be enough money to pay for the expected cost of one year at the college when he is 18?

Yes they could save $75 and still have enough money to pay for one year at the college when he is 18.

Workings=

12( months) x 5 (years)= 60 months

If the family save $75 monthly for 5 years

$75 x 60 (months)= $4500

At the end of the family 5 years savings, they would be having a total of $4500 which would be more than enough to pay for the expected cost of one year at the college when he is 18.

7 0
2 years ago
Read 2 more answers
Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 33,817 $ 40,739 $ 42,
SOVA2 [1]

Answer:

Simon Company's

Balance Sheets at December 31L

                                          Current Yr   %      1 Yr Ago     %     2 Yrs Ago   %

Assets

Cash                                    $ 33,817      6     $ 40,739    8     $ 42,420    10

Accounts receivable, net    100,012      17        69,175   14         53,814     13 Merchandise inventory      128,260     22        91,410    18       59,663     14

Prepaid expenses                  11,001       2        10,482     2          4,576      1

Plant assets, net                   311,773    53     292,386   57     255,527    61

Total assets                    $ 584,863    100  $ 504,192  100  $ 416,000  100

Liabilities and Equity

Accounts payable           $ 141,262      24    $ 85,208    17     $ 56,010    13

Long-term notes payable 108,855      19        118,283    23       91,936    22 Common stock,

        $10 par value           163,500      28       163,500   32     163,500    39 Retained earnings             171,246      29        137,201   27      104,554    25

Total liabilities & equity$ 584,863    100    $ 504,192  100 $ 416,000   100

2. Assuming annual sales have not changed in the last three years, the change in accounts receivable as a percentage of total assets is favorable.  It is always better to maintain low accounts receivable, thereby reducing credit risk exposures.

3. Assuming annual sales have not changed in the last three years, the change in merchandise inventory as a percentage of total assets is favorable.  Less inventory means that working capital is not being tied down to inventory.

Explanation:

Common-size percentages are used in analyzing the balance sheet.   The calculations set each line item as a percent of the total assets.

7 0
2 years ago
How might a Walmart representative respond to the negative criticisms that might be brought up, and what other benefits could th
Tomtit [17]

Answer:

1. Owners of diminutive businesses located nearby.

As Wal-Mart offers comparatively low prices for the products, more and more customers will be magnetized to it and hence the minuscule businesses can lose their customers. But the overall business of the local area will increment as more people will come to buy in the Wal-Mart, after shopping in the Wal-Mart, they can stop for victualing street-aliment or do some street shopping or take some accommodations from street like shoe-polishing and all. Due to the Wal-Mart in the area, there will be demand for genuine estate as people will ask for the house near Wal-Mart.

2. Town denizens and denizens of nearby towns.

Town denizens will be ecstatic as they can find most of the things they optate under one roof. Due to this, they can preserve their time and mazuma. But there can be negative effects on environment, as so many trees are being cut to build a building and parking space. There can be incremented noise and air pollution due to the customers’ conveyances. Town denizens fear that there can be a sexual discrimination while giving employment and salaries.

Explanation:

Hope this helps

4 0
2 years ago
During the past year, Arther Anderson Services paid $360,800 in interest along with $48,000 in dividends. The company issued $23
vlada-n [284]

Answer: $385800

Explanation:

The amount of the cash flow to creditors will be calculated thus:

Begining total liabilities = $225000

Ending total liabilities = $200000

Interest = $360800

Cash flow to creditors will be:

= Begining total liabilities - Ending total liabilities + Interest

= $225000 - $200000 + $360800

= $385800

3 0
2 years ago
Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and
Shtirlitz [24]

Answer:

a. Merina's captal is $160,000. Half would be $80,000.

Entry;

DR Merina, Capital ..................................................................$80,000

CR Wayne, Capital ....................................................................................$80,000

(To record purchase of half of Merina Capital)

b.

DR Cash......................................................................$180,000

CR Wayne, Capital.........................................................................$180,000

(To record Wayne investment)

<u>Working</u>

The current Capital amount is;

= 200,000 +160,000

= $360,000

If Wayne joins and adds to this such that he owns 1/3 then;

2/3x = 360,000

x = 360,000/2/3

x = $540,000

Wayne's share would be;

= 1/3 * 540,000

= $180,000

6 0
2 years ago
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