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jek_recluse [69]
2 years ago
7

Abbey is responsible for monitoring the progress of an affirmative action program to advance minorities within ABC Corporation.

She reviews progress on changes in employee attitudes, calls special meetings to discuss problems, and makes appropriate adjustments in the program as needed. Abbey is engaged in which management function?
(A) Planning
(B) Organizing
(C) Leading
(D) Controlling
(E) Delegating
Business
1 answer:
kati45 [8]2 years ago
6 0

Answer: Controlling

Explanation: In simple words controlling means checking the mistakes and taking suitable actions as corrective measures. Controlling is done at all levels of management and is used by management to achieve result that were desired at the planning stage.

In the above case, Abbey is monitoring the operations in the organisation as well as taking actions as needed so we can conclude that she is engaged in controlling function.

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A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
Liula [17]

Answer:

a. 41.6 million

b. 42.28 million

Explanation:

A) GIven

forecast in june = Sjune = 42 million

Checks recived in june = Xjune = 40 million

Smoothing constant = a = 0.2

So for july

Sjuly = a*Xjune + (1-a)*Sjune

=0.2*40 + (1-0.2)*42 million

=8+33.6 = 41.6 million

B) forecast in july = Sjuly = 41.6 million

Checks recived in july = Xjuly = 45 million

Smoothing constant = a = 0.2

So for August

Saugust = a*Xjuly + (1-a)*Sjuly

=0.2*45 + (1-0.2)*41.6 million

=9+33.28 = 42.28 million

<em>Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .</em>

5 0
2 years ago
Colt Systems will have EBIT this coming year of $ 17million. It will also spend $7 million on total capital expenditures and inc
m_a_m_a [10]

Answer:

a) market value of equity 589,488,461.54

b) it can loan up to 212,500,000

c) as the liabilities provides a tax shield because, interest expense are tax deductible while dividends don't The companu find a tax incentive to take debt

Explanation:

Free Cash Flow for the firm:

17,000,000 earnings before taxes

- 7,000,000 CAPEX

+ 3,000,000 depreciation

<u>-   5,950,000</u> income tax*

    7,050,000 FFCF

we solve using the gordon grow model:

7,050,000x1.087 / (0.10 - 0.087) =  589,488,461.54  

<em>* </em>income tax:<em>   </em>17,000,000 x 35% = 5,950,000

b) We can consider the income as the installment of a perpetuity

17,000,000 / 0.08 = 212,500,000

8 0
2 years ago
A homeowner has a mortgage balance of $149,570.75. If the interest rate on the loan is 9.5% and the monthly payment is $1,303.55
nalin [4]

Answer:

Principal balance at the end of year 2 = 149,330.9079

Explanation:

Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.

We will use the following relationships:

Interest paid = Interest rate × loan balance

Principal paid = Monthly installment - Interest paid

Principal balance= loan balance - principal paid

Year 1

Interest paid    =    9.5%/12 × 149,570.75 =   1,184.101          

Principal paid in year 1 = 1,303.55 -  1,184.101  = 119.448

Principal balance =  149,570.75 - 119.448= 149,451.3018

Year 2

Interest paid = interest rate × loan balance in year 1 = 1183.156

Interest paid = 9.5%/12 × 149,451.3018 = 1183.156

Principal paid = 1,303.55 - 1183.156139  = 120.393

Principal balance at the end of year 2= Principal balance in year 1 - Principal paid in  year 2

= 149,451.3018  - 120.393861  = 149330.9079

Principal balance at the end of year 2 = 149,330.90

8 0
2 years ago
At the Sunny Solutions Company, employees are involved in decision making and promised long-term employment. The employees follo
d1i1m1o1n [39]

Answer:

The Theory Z management

Explanation:

At the Sunny Solutions Company, employees are involved in decision making and promised long-term employment. The employees follow a somewhat specialized career path and have individual responsibility for results. Sunny Solutions' approach is an example of:___The Theory Z management___

7 0
2 years ago
Businesses are using ______________ and other ways to track goods and control the flow of goods from point of origin to point of
Varvara68 [4.7K]

<span>Businesses are using ______________ and other ways to track goods and control the flow of goods from point of origin to point of consumption. "tracking" is an important part of the process of managing the flow of goods, an activity that marketers call ___________.
</span>
 first blank:RFID (radio frequency identification)
last blank: logistics
5 0
2 years ago
Read 2 more answers
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