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elena-14-01-66 [18.8K]
2 years ago
13

Imagine that you are a management coach and one of your clients, a new manager, says, "I’ve heard that about two thirds of manag

ers fail within 18 months. I don’t want to be part of that statistic! I’ve heard that asking questions and really listening to people’s responses is key to success. But as a manager, shouldn’t I have the answers? Why should I be asking questions?"
a. How do you respond? Check all that apply.
O asking employees how to solve problems empowers them to arrive at solutions to which they're committed.
O asking employees questions enhances their sense that the manager is the only person they should be in dialogue with, so they start talking less to each other.
O asking employees questions develop their critical thinking skills.
O asking employees questions boosts their morale by them feel like experts, even though they're not.
Business
1 answer:
Schach [20]2 years ago
8 0

Answer:

I think 1 and 3

Explanation:

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Your answer is : A)
Supply refers to the seller's ability and desire to sell goods and services
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Diogo has a utility function,U(q1, q2) = q1 0.8 q2 0.2,where q1 is chocolate candy and q2 is slices of pie. If the price of slic
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Answer:

(0.5 \times 8q_2)+q_2=100\\\\5q_2=100\\\\q_2=20

since q_2 = 20

q_1 = 8*20\\\\q_1=160

Explanation:

U(q₁ q₂)

q_1^{0.8}q_2^{0.2}\\\\P_1= \$0.5 \ P_2=\$1 \ Y=100

Budget law can be given by

P_1q_1+P_2q_2=Y\\\\0.5q_1+q_2=100

Lagrangian function can be given by

L=q_1^{0.8}q_2^{0.2}+ \lambda (100-0.5q_1-q_2)

First order condition csn be given by

\frac{dL}{dq} =0.8q_1^{-0.2}q_2^{0.2}-0.5 \lambda=0\\\\0.5 \lambda=0.8q_1^{-0.2}q_2^{0.2}---(i)

\frac{dL}{dq} =0.2q_1^{0.8}q_2^{-0.8}- \lambda=0\\\\ \lambda=0.2q_1^{0.8}q_2^{-0.8}---(ii)

\frac{dL}{d \lambda} =100-0.5q_1-q_2=0\\\\0.5q_1+q_2=100---(iii)

From eqn (i) and eqn (ii) we have

\frac{0.5 \lambda}{\lambda} =\frac{0.8q_1^{-0.2}q_2^{0.2}}{0.2q_1^{0.8}q_2^{-0.8}} \\\\0.5=\frac{4q_2}{q_1}\\\\q_1=8q_2}

Putting q_1=8q_2 in euqtion (iii) we have

(0.5 \times 8q_2)+q_2=100\\\\5q_2=100\\\\q_2=20

since q_2 = 20

q_1 = 8*20\\\\q_1=160

3 0
1 year ago
Gans argues that _____________ account for more than ethnic culture in explaining the social mobility and success of ethnic grou
klemol [59]

Answer:

The correct answer is letter "C": class factors.

Explanation:

American sociologist Herbert Gans (born in 1927) in his book "<em>The Levittowners</em>" (1967) concludes after the observation of residents in Long Island (New York) that demographic factors like <em>class, ethnicity, </em>and <em>culture</em> are variables affecting the lifestyle of the neighborhood. In fact, class is the most important of all three that drive the community to success.

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Suppose a manufacturing plant is considering three options for expansion. The first one is to expand into a new plant (large), t
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Answer:

a. $50,000

b. $77,500

c. $27,500

d. Large expansion or plant

Explanation:

a. What is the highest Expected Monetary Value (EMV)?

1. EMV of Large expansion = ($100000×0.50) + ($10000×0.25) + (-$10000×0.25)

EMV of Large expansion =

2. EMV of Medium expansion = ($40000×0.50) + ($40000×0.25) + ($5000×0.25)

EMV of Medium expansion = $31,250

3. EMV of Small expansion = ($15000×0.50) + ($15000×0.25) + ($15000×0.25)

EMV of Small expansion = $15,000

The highest EMV is $50,000 which is the EMV of Large expansion.

b. What is Expected Value with Perfect Information (EVwPI)?

EVwPI is obtained by adding together the expected value of the highest profit from each of the expansions as follows:

EVwPI = ($100000×0.50) + ($40000×0.50) + ($15000×0.50)

EVwPI = $77,500

c. What is the organization willing to pay for perfect information?

This requires the calculation of Expected Value of Perfect Information (EVPI). This can be obtained as follows:

EVPI = EVwPI - EVwoPI

Where EVwoPI denotes Expected Value without Perfect Information and it is is the highest EMV of $50,000 which is the EMV of Large expansion obtained in a above.

Substituting the figures, we have:

EVPI = $77,500 - $50,000 = $27,500

d. Which of the expansion plans should the manager choose?

The manager should choose the large expansion because it has the highest or maximum EMV of $50,000.

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