Select the correct answer.

Heather Smith Cosmetics (HSC) manufactures a variety of products and is organized into three divisions (investment centers): soa

Fiesta28 [93]

Answer and Explanation:

The computation is shown below:

1. Return on investment

As we know that

Return on investment = Operating income ÷ Average total assets

Particulars Soap Products Skin Lotions Hair products

Return on investment 5.41% 8.32% 9.08%

($3,244,000 ÷ $59,994,000) ($2,744,000 ÷ $32,994,000) ($4,994,000 ÷ $54,994,000)

2. Residual income

Residual income = Operating income - (Average total assets × Minimum desired rate of return)

Particulars Soap Products Skin Lotions Hair products

Return on investment $244,300 $1,094,300 $22,443,000

{$3,244,000 - ($59,994,000 × 5%)} {$2,744,000 - ($32,994,000 × 5%)} {$4,994,000 - ($54,994,000 × 5%)}

3. EVA

EVA = Operating income - (Average total assets × Cost of capital)

Particulars Soap Products Skin Lotions Hair products

Return on investment $844,240 $1,424,240 $2,794,240

{$3,244,000 - ($59,994,000 × 4%)} {$2,744,000 - ($32,994,000 × 4%)} {$4,994,000 - ($54,994,000 × 4%)}

3 0

2 years ago

As an HR specialist at a large auto manufacturer, you have noticed that many of the technicians employed by your firm are bored

amid [387]

Answer:

A. Implementing a job rotation program

Explanation:

Implementing a job rotation program basically gives a view of the entire business, it cross-train employees and nurtures a future talent for improvement. It can be beneficial to both employer and employee.

6 0

2 years ago

The importance of flower farming is increasing day by day in nepal. Justify this statement. please write long ans

devlian [24]

Answer:

Prior to 1990, there were a number of nurseries within the valley as well as a few outside that cultivated flowers, but the trend then was more towards producing potted plants, seeds, bulbs and suchlike. There was no large market for cut flowers of the variety available now, in part because there was very little demand due to a lack of market exposure to cut flowers. People in Kathmandu just did not use them on a regular basis. According to nursery owners, there was at that time only a small demand amongst the expatriate community and amongst the Indian community. On November 15 1992 however, the Floriculture Association of Nepal or FAN was formed, and this marked the beginning of the floriculture industry in Nepal.

FAN was formed by 11 nursery owners with the objective of promoting and enhancing the floriculture industry and the emergence of flowers in the Katmandu market can in fact be attributed to the training in flower arrangement that FAN conducted in 1993. Following this training, they initiated the opening of a wholesale market and the support FAN gave to the organization 'Women in Floriculture' project enabled several entrepreneurs to set up flower retail outlets. This supply driven demand resulted in flowers being made available in the market and the market responded by taking up this supply. Business has since improved as demonstrated by the change in demand from around 100 rose stems a day in 1992 to 3000 stems in 2003 and from 100 gladiolus stems in 1992 to 6000 in 2003. Figures from FAN put the total sale of cut flowers at 10 million in 1992, which went up to 70.2 million in 2003.

The domestic market for cut flowers is in fact increasing according to Suresh Bhakta Shrestha of Standard Nursery in Bansbari. He says that in 1993 150 thousand Nepali Rupees was the total turnover for all the shops that sold flowers in Kathmandu. This figure is now around 80 to a 100 thousand Rupees per month per shop! Latest figures also suggest that there are there are currently around 300 nurseries and 40 retail shops within the Kathmandu valley. This information suggests that floriculture has grown very rapidly and that the flower culture here continues to grow.

Explanation:

6 0

2 years ago

Rosa, a human resource professional, is redesigning several jobs at the factory where she works. She recognizes that most of the

Korvikt [17]

There are three ways in which a manager can redesign an employee's job: <u>job enrichment, job enlargement and job rotation.</u>

Explanation:

There are three ways a manager can redesign an employee's job:

job enrichment,
job enlargement
job rotation.

Job redesign is an technique using which job responsibilities, tasks are reviewed, and are re-allocated among the employees, to improve output. Redesigning jobs can lead to improvements in both productivity and in job satisfaction. of the employees

For example: Samantha is , a customer service representative at a large call center. She performs the same task of attending phone calls on a daily basis .This redundancy of task will lead to the reduction in the productivity of Samantha. To increase her productivity the HR plans to redesign her job,the HR might increase or decrease the number of calls she takes each day OR THEY might plan to give her training so that she can be moved to a more specialized group, such as tech support or sales, or the HR might change her role, such as to a supervisory or training position.

This change in the job profile(Job Redesign) of Samantha will lead to an increase in the productivity and motivation.

3 0

2 years ago

________ reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines,

ser-zykov [4K]

Answer:

Proactive consumers

Explanation:

Proactive means acting in advance to deal with an unexpected change or difficulty in the future.

Proactive consumers refers a group of consumers who are an intrinsic part of the creative process of developing a product. They are the active consumers. They are not a part of the passive consumers where industry dumps consumer goods.

Proactive consumers are part of the production and marketing process of a product. They make research on how a product can be improved on.

Proactive consumers reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines, recommendations from friends in-the-know—to not only research a product, but to negotiate price and other benefits.

3 0

2 years ago