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zubka84 [21]
2 years ago
8

As the Board of Governors of the American Red Cross considers planning, one option is to make strategic plans and then direct ma

nagers to align tactical and operational plans accordingly. Another option is to have planning specialists help managers across the organization make their own plans. Why might this organization's executives opt for the latter approach? Check all that apply.- The environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership.- Resources will be better coordinated across the organization in support of the overall strategy.- Senior leadership will have more control over the organization's direction.- When managers come up with their own plans, they are likely to be more committed to following through on them.
Business
1 answer:
frutty [35]2 years ago
5 0

Answer:

The answers are:

  • When managers come up with their own plans, they are likely to be more committed to following through on them.
  • The environment is a dynamic one, and department and front line managers can come up with more responsive plans than can central leadership.

Explanation:

Personally I consider a very good idea if the Board of Governors decides to hire planning specialists to help regional or local managers develop their own plans. There are several advantages with this approach:

Regional managers know their "markets" and how to act and deal with them. I guess most of the Board of Governors is made up of wealthy or very important members, and many times their reality is very different than that of normal regular people.

Also, if regional managers can come up with their own plans, they will be extremely motivated to follow them through. They know that if something goes wrong, all the fingers will blame them.

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Aleksei, the IT manager, feels that his employees lack the motivation to consistently meet department goals. To better understan
Makovka662 [10]

To better understand human actions and to motivate his employees toward achievement, Aleksei and his supervisors need to adopt the <u>behavioral </u>viewpoint.

<u>Explanation:</u>

For an employer, it is very important to understand the behavior of the employees who are working under him. If he feels that the employees are not motivated to work towards the achievement of the goals of the company or for the betterment of the company, then the employer should take up steps to motivate the employees.

The motivation can be done in various ways like giving incentives to them in the form of promotion or rewards in the form of monetary. But to understand this behavior, the manager needs to adopt the behavior viewpoint.

7 0
2 years ago
Which of the following statements concerning the procurement process are TRUE?a. Vendor billing is one of the steps.b. Only one
Lostsunrise [7]

Answer:

a. Vendor billing is one of the steps.

c. Goods receipt is one of the steps

d. The send payment step involves creation of an FI document

Explanation:

The procurement includes the billing of the vendor, that is to negociate with suppliers for the price and accept the agrements made. Then we are going to receive the goods and check if they fulfil the quantity and quality requested.

Finally, the procurement department will pay the supplier. The FI document stands for the accounting entry to record transactions into the accounting

7 0
2 years ago
Larry Nelson holds 1,000 shares of General Electric common stock. The annual shareholders meeting is being held soon, but as a m
Lisa [10]

Answer:

Larry must have signed a <u>PROXY AGREEMENT</u> that gives the management group control over his shares.

A proxy agreement is generally used for stockholders voting procedures, they basically grant another person the right to vote on behalf of another stockholder.

Larry's current investment in the company is <u>$86,000</u>.

= 2,000 stocks x $43 = $86,000

If the company issues new shares and Larry makes no additional purchase, Larry's investment will be worth <u>$82,560</u>.

company's new market value = (20,000 x $43) + (5,000 x $34.40) = $1,032,000

new stock price = $1,032,000 / 25,000 stocks = $41.28

= $41.28 x 2,000 = $82,560

This scenario is an example of <u>STOCK DILUTION</u>.

The stock price will lower because the increase in the company's value is less than proportional to the increase in the number of stocks.

Larry could be protected if the firm's corporate charter includes a <u>PREEMPTIVE</u> provision.

Preemptive rights give current stockholders the right to purchase more stocks (in case the company issues more stocks) before any outside investors.

If Larry exercises the provisions in the corporate charter to protect his stake, his investment value in the firm will become <u>$103,200</u>.

= [(5,000 / 10) x $34.40] + $86,000 = $17,200 + $86,000 = $103,200

5 0
2 years ago
Based on beck's account, what were some of the hardships that prisoners faced on the bataan death march? check all of the boxes
nydimaria [60]
Being forced to stand in the hot sunenduring beatingscatching diseases<span>getting shot</span>
3 0
2 years ago
Read 2 more answers
Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorizat
Westkost [7]

Answer:

The Journal entries are detailed in the explanation

Feb 5: Debit Cash a/c and credit common stock with $5,600,000

          Debit Legal fees and credit common stock with $9,600

April 9: Debit Land 120,000, building 280,000 and equipment 80,000 and credit common stock $320,000 and excess capital $160,000

June 14: Debit cash $2,050,000 credit Pref stock with $1,500,000 and excess capital with $550,000

Explanation:

The question is to journalize the transactions of Professional Products inc as follows

Date                 Particulars/Description                Debit                Credit

5th Feb             Cash A/c                                   5,600,000

                          Common Stock                                                   5,600,000

Being the issue of 700,000 shares of common stock at par for cash

5th Feb             Legal Fees A/c                          9,600

                          Common Stock                                                   9,600

Being the issue of 1200 shares of common stock at par for legal fees

9th April             Land A/c                                   120,000

                           Building A/c                              280,000

                          Equipment A/c                          80,000

                          Common Stock (40,000 x 8 )                       320,000

                          Capital Paid in Excess of Par                        160,000

Being the issue of 40,000 shares in exchange for land, building and equipment.

14th June             Cash A/c                                   2,050,000

                          2% Preferred Stock ($60 x 45,000)                    1,500,000

                         Pref. Capital Paid in Excess of Par                        550,000

Being the issuance of 25,000 shares of Preferred stock at $82

4 0
2 years ago
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