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Gnoma [55]
2 years ago
13

Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her

manager is retiring and hopes that Carol will take over for him. However, even though Carol is an experienced employee, there are many things that she still needs to learn. Carol has trained many new employees, but she has never held a management position. Carol needs to have a general understanding of what it takes to be a manager.
Business
1 answer:
Anna35 [415]2 years ago
8 0

Answer:

To be a manager, Carol has to do some activities:

Controlling, organizing, planning and leading.

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Performance appraisals generally fulfill two functions. The first is to identify individual strengths and weaknesses and to deve
Iteru [2.4K]

Answer:

D. If the employees are upset over their salary adjustment, they may not be open to listening to ways they can improve.

Explanation:

Performance appraisals are measures developed by the human resource department in organizations, to evaluate the employees' performance and to suggest ways for them to improve. Rewards are typically given to high-performing employees, usually by way of salary increment or assignment of privileges. Low-performing employees might experience a salary cut or the withdrawal of some privileges.

When these activities are performed at the same time, employees who were rated as not performing well might be brooding over their perceived loss of merits or decrease in salary. Since they are not in the right frame of mind, they might be unwilling to, or not receptive enough to accept action plans for improving performance. So, it is advisable that these two functions are performed at different times.  

3 0
2 years ago
Should the home country be "large" relative to the world, its imposition of a tariff on imports would lead to an increase in dom
denis23 [38]

Answer:

Option e. is correct

Explanation:

The Terms of Trade is equal to the average price of exports / by the average price of imports. The terms-of-trade refers to the relative price of exports in terms of imports.

Protective effect refers to the wasted resources due to production of good at a higher cost. Consumption effect refers to the loss to consumer due to higher price that leads to less consumption.

Should the home country be "large" relative to the world, its imposition of a tariff on imports would lead to an increase in domestic welfare if the terms-of-trade effect exceeds the sum of the <u>protective effect plus consumption effect</u>

4 0
2 years ago
Tim spends his income on donuts (D) and coffee (C). Coffee is $2 per cup and donuts are $1 each. Assume that Tim has $10 to spen
stealth61 [152]

Answer:

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

Explanation:

Optimal numbers of donuts and coffee can be calculated as follow

First, we need to determine the budget constraint as below

M = ( P(D) x D ) + ( P(C) x C )

Placig values in the formula

10 = D + 2C

Now make utility function as:

U(D,C) = D0.5 C0.5

Marginal Utility donuts

MU(D) = 0.5D-0.5C0.5

Marginal Utility Coffee

MU(C) = 0.5D0.5C-0.5

The formula for marginal rate of substitution

(MRSD,C)= MU(D) / MU(C)  = 0.5D - 0.5C0.5 / 0.5D0.5C - 0.5  = C/D

Now calculate the optimal consumption level  

MRSD,C = P(D) / P(C)

C/D = 1/2

D = 2C (Equation 1 )

Placing the value of D resulted from equation 1, in the budget constraint we as below

10 = D + 2C

10 = 2C + 2C

10 = 4C

C = 10/4 = 2.5

NOw place the value of C in equation 1

D = 2C = 2(2.5) = 5

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

7 0
2 years ago
As a finance manager at Outdoor Adventure Sporting Goods, Roman worries about the firm's borrowing requirements for the upcoming
riadik2000 [5.3K]

Answer:

cash flow budget

Explanation:

A cash budget estimates cash inflows and outflows (net cash flows) and is the basic tool for determining a company's borrowing needs, debt repayment, operating expenses, and short-term investments.

The difference between accounting and finance is that accounting relies on past events, while finance has to anticipate to future events. The basic and most important tool in finance is the cash flow budget. A company can have huge sales but if it doesn't enough cash to pay its expenses and debts, then it will not function properly.

4 0
2 years ago
Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 34
Tpy6a [65]

Answer:

$69020

Explanation:

Selling price -$54

Incremental selling price =54*(1-0.16)=45.36

Incremental sales - 45.36*7000= 317520

Contribution -

Direct materials = 24*7000 =     (168000)

Direct labor = 6*7000 =              (42000)

Variable manufacturing =           (21000)     (3*7000)

Variable selling price =                (3500)        2*(1-0.75)

Total contribution =                      83020

Additional cost of machine       (14,000)

Incremental profit                        69,020          

5 0
2 years ago
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