Answer:
The compensation to the fund manager is based on the performance of the pension fund. If the fund performs well and earns significant profit, then the compensation to the mangers should increase.
If it incurs losses, then the argument for capping the compensation of funds managers will gain ground. Note that the manager is being paid according to the pay-for-performance scheme. Thus it is unjustified that his compensation is reduced when there is no significant evidence that his performance was responsible for the poor performance of the fund. The manager has earned over $1.2 million last year. Hence fixing the compensation of managers to $100,000 should be considered only when the fund has under performed drastically. Without such evidence, such capping will only demoralize them and the profitability of the company will fall.
Explanation:
Answer:
The Warren's total assets at the end of April is $345,000
Explanation:
The computation of the ending total assets value is shown below:
= Total assets - sale of stock + machine purchased - cash payment for purchase of building + purchase of short term investment - cash payment for purchase of short term investment - cash paid to the employee as a loan + notes issued
= $240,000 + $20,000 + $95,000 - $10,000 + $9,000 - $9,000 - $10,000 + $10,000
= $345,000
Answer:
The options for this question are the following:
A. payoff matrix.
B. mission statement.
C. tactical plan.
D. organization chart.
The correct answer is B. Mission statement.
Explanation:
A good mission statement is a useful tool for well-managed businesses. It is the "why" of business strategy.
A mission statement defines the objectives of what a company does by:
Your clients
The employees
Their owners
Some of the best mission statements also extend to include the fourth and fifth dimensions: what the company does for its community and for the world.
In terms of marketing, a mission statement is a brief paragraph that describes what your business does and why it exists. If that sounds like useless marketing that could be labeled as a long list of the most important things to do, you're not alone.
The reality is that many mission statements are ineffective. Usually, they are the ones written in minutes with very little thought from their creators.
Nike should purchase it's raw materials from organizations that meet ISO 9000 standards.
Explanation:
ISO 9000 is the international standard for quality and resource management employed according to the World trade organisation and thus has an international approval that is recognizable all over the world.
Nike as a leading and trusted brand across the world for footwear must keep i care that they meet the quality standard that will be accepted worldwide and meet the highest standards of the buyers justifying the popularity of their products which is ensured by the certification of ISO 9000.
Answer:
The company was rated five stars more by men
Explanation:
Expressing the survey results as percentages
1. <u>Overall population </u>
=67 out of 350
=67/350x100= 19.14 percent
2. <u>Men population</u>
=40 out 175
=40/175x100 =22.85 per cent
The company was rated five stars more by men
