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MariettaO [177]
2 years ago
10

The phone rings in the next room and the assistant answers it. She tells the caller, "Yes, sir, he is here." After a moment she

adds: "He has been here for about five or ten minutes, sir." She soon hangs up, and comes in with your coffee. She tells you that it should not be too much longer and again apologizes. She explains that the CEO stopped at a gas station to call in. She then tells you that the CEO is a bit "old fashioned." "He doesn't really use a cell phone," she says. She turns to leave, but you ask her to have a seat. You have an opportunity here. What should you ask the CEO's personal assistant?
Business
1 answer:
In-s [12.5K]2 years ago
3 0

Answer:

The best question to ask the CEO's personal assistant while you are waiting for the CEO is:

Could you tell me about your work environment?

Explanation:

This question will enable you to build rapport with the personal assistant and to learn more about the organization.  It will expose the personal assistant's job satisfaction level, the job setting, and social features, including physical conditions for a worker at the organization to fulfill her responsibilities.  The question will also expose the general employee feelings of wellbeing, workplace relationships, productivity efficiency, and employee health.  It will expose the organization culture, which is an important determinant of organizational success.

You might be interested in
A On December 31, 2017, State Construction Inc. signs a contract with the state of West Virginia Department of Transportation to
larisa [96]

Answer:

2018: $78 million

2019: $468 million

2020: $234 million

Explanation:

Given that State Construction incurred costs as follows:

Year                         Cost

2018                         $60 million

2019                         $360 million

2020                        $180 million

Total cost = $60 million + $360 million + $180 million = $600 million

Percentage to total cost ratio is:

For 2018 = $60 million / $600 million = 0.1,

For 2019 = $360 million / $600 million = 0.6,

For 2020 = $180 million / $600 million = 0.3.

Revenue = Percentage to total cost ratio × Contract price.

Contract price = $780 million

For 2018, Revenue = 0.1 × $780 million = $78 million

For 2019, Revenue = 0.6 × $780 million = $468 million

For 2020, Revenue = 0.3 × $780 million = $234 million

3 0
2 years ago
An investor has purchased stock in a firm. The investor believes that, at the end of the year, there is 0.20 probability that th
disa [49]

Answer:

loss of $200

Explanation:

As given, there are three cases can happen:

1) 0.20 probability that the stock will show a $3000 profit

=> 0.20 probability that profit = $3,000

2) 0.10 probability that the stock will show a $6000 profit

=> 0.10 probability that profit = $6,000

3) 0.70 probability that the stock will show a $2000 loss

=> 0.70 probability that profit = - $2,000

The expected profit in the stock at the end of the year can be calculated as following:

<em>Expected profit = Probability case 1 x Profit case 1 + Probability case 2 x Profit case 2 + Probability case 3 x Profit case 3 </em>

<em>=0.2 x 3,000 + 0.1 x 6,000 + 0.7 x (-2,000)</em>

<em>=. 600 + 600 -1,400 = -200</em>

<em />

So that, the expected profit in the stock is the loss of $200

5 0
2 years ago
You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $1,044. These bonds make annual paym
GalinKa [24]

Answer:

17.4%

Explanation:

original purchase price 1 year ago = $1,044

current market price:

0.06 = {80 + [(1,000 - MV)/13]} /  [(1,000 + MV)/2]

0.06 x [(1,000 + MV)/2] = 80 + [(1,000 - MV)/13]

0.06 x (500 + 0.5MV) = 80 + 76.92 - 0.0769MV

30 + 0.03MV = 156.92 - 0.0769MV

0.1069MV = 126.92

MV = 126.92 / 0.1069 = $1,187.28

total returns during the year = $80 (coupon) + ($1,187.28 - $1,044) = $223.28

nominal return on investment = $223.28 / $1,044 = 21.387%

real return on investment = [(1 + i) / (1 + inflation)] - 1 = [(1 + 0.21387) / (1 + 0.034)] - 1 = 1.174 - 1 = 0.174 = 17.4%

4 0
2 years ago
Suppose Boyson Corporation's projected free cash flow for next year is FCF1 = $150,000, and FCF is expected to grow at a constan
bearhunter [10]

Answer:

The total corporate value of the firm is $3,000,000

Explanation:

The total corporate value of the firm is computed as:

Total corporate value = FCF1 / (average cost of capital - Growth rate)

Where

FCF1 is $150,000

Growth rate is 6.5%

average cost of capital is 11.5%

Putting the values :

= $150,000 / (11.5% - 6.5%)

= $150,000 / 5%

= $3,000,000

8 0
2 years ago
Suppose you are the manager of a California orange orchard. How would you expect the following events to affect the market equil
Xelga [282]

<u>Answer:</u>

a. The price of comparable Florida orange juice decreases.

a-a This would shift left and affect demand.

b. One hundred new fruit juice processing plants open in California.

b-a This would shift Right and affect demand

c. The price of a bottle increases significantly due to new government anti-shatter regulations.

c-a This would shift left and affect Demand

d. Researchers discover a new fruit juice processing technology that reduces production  costs.

d-a This would shift right and affect demand

e. The average age of consumers increases, and younger people drink less orange juice

e-a This would shift left and affect demand

<u>Explanation:</u>

A state of market where market supply is equal to market demand thus understood as "market equilibrium". The price of equilibrium is the price of a good or service, if its supply is equal to the market demand for it.

A reduction in demand will trigger the price of the equilibrium to fall; the amount delivered will decrease. An increase in supply, unmodified for all other things, will provoke the price of equilibrium to fall; the amount requested will increase. While declining supply will cause the price of the equilibrium to rise; the demanded quantity will decrease.

6 0
1 year ago
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