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mr_godi [17]
2 years ago
8

Mike is the director of human resources for a 120-employee family-owned manufacturing firm. Mike has been quite busy the last ye

ar reforming the benefit offerings to comply with recent changes in healthcare laws. Given the many changes, Mike took the opportunity to completely overhaul the employee benefits program including replacing the old medical plans with three brand-new plans. Mike is preparing to tell employees about their new benefit offerings a few months prior to the benefits open-enrollment period. Given the number of employees, he decides to design a nicely formatted powerpoint slide deck explaining the changes and to send this presentation via email to all employees. One day into the open-enrollment period, his inbox is flooded with over 50 emails from confused employees. Mike is puzzled, but realizes he may have made a mistake in communication.
1. Which of the following best describes the primary communication mistake he made select __________.
O assuming that employees would understand the content of the powerpoint slides.
O failing to match the communication medium (or channel) with the intended outcome.
O failing to develop core ideas that adhere to the rules of "sticky" communication.
O forgetting to alert managers that the communication was "coming their way."
Business
1 answer:
nikitadnepr [17]2 years ago
6 0

Answer:

Failing to match the communication medium (or channel) with the intended outcome.

Explanation:

Communication can be defined as the process of sending information. It involves sending of clear and concise messages from one person to another or from one group to another, messages could be represented in the form of signs or symbols.

Communication medium can be described as a means of transmitting information to the receiver. Some communication channels include:

1) Through the use of documents passed by series of reports and presentation.

2) Through the use of messages passed by emails and letters.

3) Through the use of images passed by graphical representation.

In the scenario above, Mike failed to use the right communication channel to inform the employees about their new benefit offering.

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Beck Construction Company began work on a new building project on January 1, 2020. The project is to be completed by December 31
svlad2 [7]

Solution:

Computation of % , revenue recognition and gross profit - Beck construction (In millions )

Year     Actual cost incurred (A)

2020         $ 50

2021          $ 85

2022         $ 55

Year     Total cost incurred till date (B)

2020         $ 50

2021          $ 135

2022         $ 190

Year     Total Estimated cost (C)

2020         $ 150

2021          $ 220

2022         $ 190

Year     % of completion (D) (B/C)

2020         33%

2021          61%

2022         100%

Year     Contract price (E)

2020        $187

2021         $187

2022        $187

Year     Total revenue to be recognised (F) ( E*D)

2020        $62

2021         $114

2022        $187

Year     Revenue for current period (G)

2020        $62

2021         $52

2022        $73

Year     Gross Profit (H) (G-A)

2020        $12

2021         $-33

2022        $18

5 0
1 year ago
Firms that disingenuously market products as environmentally friendly with the goal of gaining public approval and sales, rather
FinnZ [79.3K]

Answer: Green-washing

Explanation:

The green washing is basically refers to the misleading information or data about the specific products and the services provided by an organization.

 It is the process of providing the false information and creating the negative environment as it encourages the customers for buying the products and the technology for the false materials and products.  

According to the question, the various types of companies are are the environmental friendly and they gaining the public approval regarding the sales but they are guilty of the green washing concept.

 Therefore, Green-washing is the correct answer.  

3 0
1 year ago
A town has many fast food restaurants, which charge an average of $6 for a hamburger. However, one fast food restaurant charges
Murljashka [212]

Answer:

The correct answer is the option C: the restaurant has been around for many years and the customers have a nostalgic preference for it.

Explanation:

It is quite understood that if a restaurant has a wide number of loyal customers due to their brand recognition then that company will ultimately tend to charge a higher price to the customers because of their loyalty. However, this unique situation of loyalty may not explain completely how that business could do it when there are many other competitors around the same region, and therefore that if an explanation must be found to why the company can charge more and still remain competitive then more details of the company's strategy must be revealed.  

5 0
1 year ago
For each item below, indicate to which category of elements of financial statements it belongs. (a) Dividends select a category
notka56 [123]

Answer:

(a)  Dividends : Equity

(b) Interest receivable :Assets

(c) Issuance of preferred stock : Equity

(d) Prepaid insurance: Assets

(e) Amortization: Expenses

(f) Cost of goods sold: Expenses

(g) Accounts payable: Liabilities

(h) Cash: Assets

(i) Equipment: Assets

(j) Gain on sale of equipment: Revenues

Explanation:

The main elements of financial statements are: Assets, Liabilities, Equity , Revenues and Expenses.  

Assets are all the resources that the company has.

Liabilities are all the obligations that the company has.

Equity is the difference of subtracting the liabilities of the assets.

Revenue is the economic benefit that the company receives.

Expenses are the disbursements that the company makes.

5 0
2 years ago
During the year,Liptom Company made an entry to write off a $4,000 uncollectible account. Before this entry was made, the balanc
Andru [333]

Answer:

$55,500

Explanation:

The computation of the net realizable value after the write off entry is show below:

The credit balance in allowance with terms to bad debts is

= $4,500 - $4,000

= $500

Now the net realizable value is

= ($60,000 - $4,000) - ($4,500 - $4,000)

= $56,000 - $500

= $55,500

Hence, the same is to be considered

7 0
1 year ago
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