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Vladimir [108]
2 years ago
11

People spend a considerable part of their working day _________ with others. One of the findings of the early work activity stud

ies (Burns, 1954, 1957; Horn and Lupton, 1965), echoed more recently by Oshagbemi (1988), is that managers and others consistently underestimate the amount of time they spend ...
Business
1 answer:
Dvinal [7]2 years ago
3 0

Answer:

Relating with others.

Explanation:

Managers spend a lot of time relating with other people face to face, and they are underestimating the effect of this physical interaction on personal behaviours of those around them.

For Ecole the aim of conducting an interview is to get as much relevant information from the candidates as possible. But if the interviewer does most of the talking them the candidate will not have an opportunity to give relevant information.

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President Chris Zane mentions that employees' performance is not evaluated every six months or every year as in many organizatio
dsp73

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Discuss failures of individuals of the company

b) Establish performance standards as a group

c) Measure, evaluate and take corrective action

d) Correct employees' actions by berating and celebrating

e) Cross-train employees

And the correct answer is the option C: measure, evaluate and take corrective action.

Explanation:

To begin with, when it comes to terms of control regarding the inside structure of an organization, the managers use different processes and techniques to take on that job of controlling the employes of the company in order to see how everything is going. In the case of Chris Zane, as he wants to do a control every week, then he is absolutely interesting in evaluating and measuring the improvements of every one inside the business so in that way he can take action in time to correct something if it is not going as planned. And that is the main reason why he would use a controlling process where he needs to have everything going as planned.

3 0
2 years ago
_______ strategies involve developing and selling new products to people who are already purchasing the firm's existing product
liberstina [14]
Market Developing strategies
4 0
2 years ago
Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,500. For each of the next 5 y
yarga [219]

Answer:

Mark will have at the end of six years the amount of $25,865.74

Explanation:

According to the given data we have the following:

First investment = 2500

Investment increasing at rate of 10%

Interest rate = 13%

t=6 years

Present value is given by formula = C * [((1+g)^n/(1+i)^n) - 1 ] / (g-i)

C is first value = 2,500

g is increase in investment = 0.10

i is intrest rate = 0.13

n is no of years = 6

Putting values into the equation

P = 2500* [((1+ 0.10)^6/(1+0.13)^6) - 1 ] / (0.10-0.13)  1.771561    2.08195

P = 2500* [((1.10)^6/(1.13)^6) - 1 ] / (-0.03)

P = 2500* [0.8509142870866 - 1 ] / (-0.03)

P = 2500* (-0.14908571)/ (-0.03)

P = 2500* 4.9695236

P=$12,423.809

Future value = P*(1+i)^t

= $12,423.809 *(1+0.13)^6

= $25,865.74

Mark will have at the end of six years the amount of $25,865.74

7 0
2 years ago
Read 2 more answers
Derick works as a researcher and market analyst for a company. His current responsibility is to forecast the company's sales. He
Anna11 [10]

Answer:

The correct answer is B) Buyer Intentions Method also known as <em>Consumers' Buyer Plan.</em>

Explanation:

This plan involves approaching customers to elicit information from them about their likelihood to make purchases during a particular period. It is most effective when the number of customers is small relative to the ability of the business to reach out to them.

A sales forecast based on this method has several demerits such as:

  1. The customers may change their minds anytime without consultation with the business
  2. It is  an uneconomical way to do a forecast when the client base is large
  3. Predicting sales over the long-run using this method is statistically impossible

It has a few merits in that the information is obtained first hand from the consumers or buyer and the real intentions of the buyers at the time of collecting information is known.

Cheers!

5 0
2 years ago
Salter Manufacturing Company produces inventory in a highly automated assembly plant in Fall River, Massachusetts. The automated
wolverine [178]

Answer:

a. Total overhead = $294,720 + $24 × machine hours

b. Total overhead = $137,040 + $0.05 × Kilowatt-hours

c. The kilowatt-hours was the best predictor for July

Explanation:

High low method is used to separate the variable cost and fixed costs elements in a Semi-Variable Cost item.

machine-hours as cost driver.

<u><em>First find the 2 points : the High and the Low</em></u>

High Point : March

Machine-hours  = 4,680

Total Overhead = $ 407,040

Low Point : June

Machine-hours  = 3,720

Total Overhead = $ 384,000

<u><em>Next find the Difference in the overhead cost and the cost driver of the 2 points</em></u>

Overheads = $23,040

Machine-hours  = 960

<em><u>Find the Variable cost element </u></em>

Variable cost = difference in overhead / difference in cost driver

                      = $23,040 / 960

                      = $24

<u><em>Find the Fixed Cost Element.</em></u>

Fixed Cost = Total Overhead - Variable Overhead

selecting the high point, this will be :

                  = $ 407,040 - (4,680 × $24)

                  = $294,720

<em><u>Determine the Cost function </u></em>

Total overhead = $294,720 + $24 × machine hours

machine-hours as cost driver.

<u><em>First find the 2 points : the High and the Low</em></u>

High Point : March

Kilowatt-hours  = 5,400,000

Total Overhead = $ 407,040

Low Point : June

Kilowatt-hours  = 4,944,000

Total Overhead = $ 384,000

<u><em>Next find the Difference in the overhead cost and the cost driver of the 2 points</em></u>

Overheads = $23,040

Kilowatt-hours  = 456,000

<em><u>Find the Variable cost element </u></em>

Variable cost = difference in overhead / difference in cost driver

                      = $23,040 / 456,000

                      = $0.05

<u><em>Find the Fixed Cost Element.</em></u>

Fixed Cost = Total Overhead - Variable Overhead

selecting the high point, this will be :

                  = $ 407,040 - (5,400,000 × $0.05)

                  = $137,040

<em><u>Determine the Cost function </u></em>

Total overhead = $137,040 + $0.05 × Kilowatt-hours

Apply the machine hours for july

Total overhead = $294,720 + $24 × machine hours

                          = $294,720 + $24 × 4,000

                          = $390,720

Apply kilowatt-hours for july

Total overhead = $137,040 + $0.05 × Kilowatt-hours

                         = $137,040 + $0.05 × 4,550,000

                         = $364,540

Conclusion :

The kilowatt-hours was the best predictor for July

7 0
2 years ago
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