Answer:
C. As intensity increases, time should decrease.
Explanation:
passed this question before
Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.
Funds for starting the business: $1 million in funding from Andy Bechtolsheim.
Employee data: over 160,000 employees worldwide.
What is a company?A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.
Their products are digital and online services.
Comparing this company, we see Microsoft.
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write me an assigment about business in a company you made and want to devolp it
The ideas, efforts, and activities that contribute to the improvement of a business can be summed up in the simplest terms as business development.
This entails raising sales, expanding the business, improving profitability through forming strategic alliances, and making strategic business choices. You might also include a few activities from your current position that you love and that help create a positive workplace culture.
For instance, you may mention that you enjoy participating in corporate social responsibility (CSR) projects and that, if they don't currently organize events of this nature, you'd be happy to assist them. A plant that produces toothpaste, for instance, might not view the monthly manufacturing of peppermint toothpaste as a commercial endeavor.
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Which of the following is a measurable goal for a company seeking to retain customers? Select an answer:
a) amount of revenue retained at the start and end of a defined period
b) number of customers lost from the beginning to the end of a time period
c) qualitative answers to customer feedback
d) customer survey results
The sentence that serves as the measurable goal for a company seeking to retain customers is a) amount of revenue retained at the start and end of a defined period.
What is the justification?The amount of revenue retained at the start and end of a defined period can be used as the measure in knowing the company's ability to keep customers as well as the way toretain their revenue over a given period.
This is because this helps to account the number of customers retained through the amount of revenue generated from those customers in a particular period of time.
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The measurable goal for a company seeking to retain customers is the amount of revenue retained at the start and end of a defined period.
Explanation:An example of a measurable goal for a company seeking to retain customers is (a) the amount of revenue retained at the start and end of a defined period. This measure of revenue can show if the company has been able to retain customers and generate enough sales to maintain or increase its revenue. By monitoring the amount of revenue retained over time, the company can assess the success of its customer retention efforts.
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SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.
Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.
A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.
What are business challenges?Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.
They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.
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The Premise:
Organizations in today’s dynamic and competitive environment should create a productive, innovative and growing team of employees for increased productivity, efficiency and employee retention. According to the World Economic Forum Fortune companies can only survive 40 to 50 years while most of them are bought, sold, split or simply cease to exist.
Keeping this view, the company SES Associates Pvt Ltd. strives for professional development by encouraging employees to work towards their goals and remain open to new prospective, ideas and processes. They encourage their employees to learn and adopt new skills and take unconventional approaches to work in continuously changing environment. They also provide environment where employees feel comfortable, asking questions and presenting unique ideas and diverse prospective. The organization also abandoned the outdated management approaches such as top-down force; doing what’s comfortable or familiar instead of taking risks and challenging the status quo. They shifted from old approaches to emerging views of management to create an environment of continual growth, risk taking, knowledge sharing and better chance of surviving in a very competitive market.
Point of Discussion:
Being a student of management, Analyze the above scenario and identify two emerging views of management adopted by the SES Associates Pvt Ltd. for continual growth and increased productivity. Also give one logical explanation for each View.
The two emerging views of management adopted by SES Associates Pvt Ltd. for continual growth and increased productivity are Collaborative Management and Agile Management.
Let's analyze two such views adopted by SES Associates Pvt Ltd. and provide a logical explanation for each,
1. Collaborative Management: SES Associates Pvt Ltd. has adopted collaborative management as an emerging view to facilitating continual growth. This approach emphasizes teamwork, shared decision-making, and open communication across all levels of the organization. By encouraging employees to work together, share ideas, and collaborate on projects, the company harnesses the collective intelligence and diverse perspectives of its workforce. This leads to enhanced problem-solving, innovative solutions, and increased productivity.
2. Agile Management: SES Associates Pvt Ltd. embraces agile management principles to thrive in a rapidly changing business landscape. Agile management promotes flexibility, adaptability, and responsiveness to evolving market conditions. By encouraging employees to learn and adopt new skills, take calculated risks, and adapt to changing circumstances, the organization ensures that it remains competitive and resilient.
SES Associates Pvt Ltd. recognizes the importance of adopting emerging views of management to foster continual growth and increased productivity. Through collaborative management, the organization leverages the collective intelligence of its workforce, while agile management enables them to adapt and thrive in a rapidly changing environment.
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The two emerging views of management adopted by SES Associates Pvt Ltd. for continual growth and increased productivity can be seen are :
Agile Management:Open and Collaborative Culture:What is the competitive environment?Agile management allows quick adaptation to changing business environment, seizing new opportunities, and responding to market demands. Encourages innovation, empowers employees, increases productivity and growth.
SES Associates Pvt Ltd: Open and Collaborative Culture. Created a comfortable environment for employees' questions, ideas, and perspectives. Shift to more open, collaborative culture. Culture encourages knowledge sharing, learning, and constructive dialogue among employees.
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I need help on coming up on followership conclusion idea?
When it comes to coming up with a conclusion for followership, it's important to consider the role of followers in a group or organization.
One idea could be that strong followership is essential for effective leadership and achieving group goals. Good followers actively contribute to group discussions, hold their leaders accountable, and support the overall vision of the group.
Another conclusion could be that followership is not just a passive role, but rather an active one that requires critical thinking, decision making, and communication skills. Effective followers also possess emotional intelligence, empathy, and adaptability, which allows them to work well with diverse teams and navigate complex situations.
Lastly, a conclusion could be that followership is an important aspect of individual development and personal growth. Being a good follower allows individuals to learn from their leaders and peers, develop new skills and knowledge, and gain a better understanding of their own strengths and weaknesses.
Overall, followership plays a critical role in group dynamics and achieving success, and recognizing the importance of this role can lead to more effective and fulfilling leadership experiences.
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How are society and culture related?
1.While culture, as the collection of beliefs and values of a group of people, strongly affects society, a particular society does not have any kind of impact on its
culture.
2.Both society and culture are important to groups of people, but they are entirely
separate from one another.
3.A society is a group of people who live in the same area and share a culture, and
culture is made up of elements, such as language, that tie the society together.
4.A culture is a group of people who live together, and a society is the values,
beliefs, and behaviors that they all share.
As both entail a community of people residing in one place, society and culture are intimately intertwined. While culture refers to the ideas, values, and standards that influence a society's behaviour, society is the collective behaviour of a collection of people.
Language, religion, and customs are examples of cultural components that bind a community together and give it a feeling of identity.
A society's values and beliefs shape how its members interact with one another and the outside world, therefore a society's culture also has an impact on it. Although culture and society are two separate yet linked concepts.
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David is purchasing a home for $127,600. He has 10% to put down on the home and
wishes to pay one discount point. What is the amount of his principle that he will
finance? Please explain your work in your answer.
Select the correct answer.
Diversity awareness is the ability to understand and respect other cultures. Which interpersonal skill might be affected by a lack of diversity
awareness?
ОА
teamwork
OB
time management
OC goal-setting
OD self-representation
Answer:
Teamwork
Explanation:
Select the item below that is a characteristic of holistic marketing: _________
a. Implementing targeted marketing programs for green products.
b. Focusing on marketing individual products to consumers
c. Combining different marketing techniques to sell a product
d. Considering all business aspects when marketing products
Answer:
D. Considering all business aspects when marketing products
Explanation:
When a whole business (in general) is considered for the marketing strategy, it forms a holistic marketing approach. In this type of strategy different departments of an organization come together to give positive inputs that create a robust business marketing strategy.
I need to create a ERD on diagram
Answer:
nice
Explanation:
Read this excerpt from "President Kennedy's Speech at Rice University."
It is for these reasons that I regard the decision last year to shift our efforts in space from low to high gear as among the most important decisions that will be made during my incumbency in the office of the Presidency.
What does incumbency mean as it is used in this excerpt?
experiment
short visitation
time of service
dominance
Answer:
its the third one
Explanation:
Time of service: incumbency means as it is used in this excerpt. Thus, option C is the correct option.
What is the message of Kennedy's address at Rice University?Kennedy spoke at Rice University to encourage people to support NASA's moon program. Kennedy pledged to send an American astronaut to the moon before the end of the 1960s in what became known as his "We Choose the Moon" address.
In conclusion, we must undertake this endeavor in order to answer these riddles, solve them for the welfare of all mankind, and become the world's premier spacefaring country in order to maintain our leadership in research and industry, our aspirations for peace and security, and our commitments to both ourselves and others.
Beyond those assembled in front of him, his audience included people from all across the world. He prepared for this occasion with the intention of inspiring the country as well as communicating the difficulties of the Cold War and his wish for peace in the nuclear era to other countries. He also wished to keep it short.
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The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the following conversation regarding the development of a new information system for the company: CIO: The way to go about the analysis is to first examine the old system, such as reviewing key documents and observing the workers performing their tasks. Then we can determine which aspects are working well and which should be preserved. MD: We have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. Instead, we get a modified version of the old system. CIO: I can assure you that this will not happen this time. My team just want a thorough understanding of what is working well and what is not. MD: I would feel much more comfortable if we first started with a list of our requirements. We should spend more time determining what exactly we want the system to do upfront. Then your team can come in and determine what portions to salvage if you wish. Just don’t constrain us to the old system! Required: a) The CIO and MD have different views on how the system analysis should be performed. Comment on whose position you sympathize with the most. b) What method would you recommend to Illustrious Limited for system analysis? Explain.
Answer:
Illustrious Limited
a) I sympathize with the MD. He noted "We have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. Instead, we get a modified version of the old system." The implication of his assertion is that something is missing in the way the CIO and her team had been handling system development projects in the past. Even the CIO acknowledged the MD's assertions by assuring "that this will not happen this time." In the past, the system development team had neglected understanding "what is working well and what is not." This should not be the case in any good system development. Preliminary analysis or investigation should uncover users' requirements and then conduct a thorough system analysis before the design and other stages are carried out in an iterative process.
b) I would recommend SCRUM instead of the Waterfall methodology. With Scrum, the system development project is teamwork. The team is held accountable and SCRUM utilizes iteration to achieve well-defined goals. The SCRUM framework "begins with a simple premise, starting with what can be seen or known before it tracks progress and tweaks as necessary," to achieve set goals defined by users' requirements.
Explanation:
a) System Development is a process that follows a system development life cycle (SDLC) methodology and involves these seven stages: requirement analysis, system analysis, system design, development or programming, testing, implementation and documentation, and evaluation and support.
b) SCRUM is a framework in SDLC which follows "a set of meetings, tools, and roles that work in concert to help teams structure and manage their work." SCRUM has been described as "an agile way to manage a project," especially software development because of its "iterative and flexible approaches."
c) Waterfall model, on the other hand, follows linear sequential phases of conception, initiation, analysis, design, construction, testing, deployment, and maintenance, and each stage depends on the deliverables of the previous stage. This is why "in software development, it tends to be among the less iterative and flexible approaches, as progress flows in largely one direction ("downwards" like a waterfall) through the phases."
Why do you consider performance management issues difficult to handle in the public sector of Ghana as compared to the Private sector? (Provide four (4) reasons) 2. It has been argued that employee probation is poorly managed in most public sector organisations in Ghana. Discuss four (4) reasons
The reasons include the inefficiency of workers, poor attitude to work, and the absence of professional management.
Performance Management simply means when the work of employees is monitored and evaluated. It is important to monitor the work of employees in order to achieve organizational goals.
The reasons why performance management issues are difficult to handle in the public sector of Ghana include the following:
Inefficiency of workersPoor attitude to work Absence of professional management.Wrong hiring of workersCorruption in the public sector.In conclusion, the above reasons make it difficult for performance management issues to be handled.
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Essential state-of-the-art operating and information systems that support company strategies and value-creating internal processes include all of the following except:_________
a. customer database systems.
b. information systems to track supplier/partner/collaborative ally data.
c. human resources systems that maintain employee data.
d. data management systems for undertaking benchmarking, TQM, and Six Sigma quality control.
e. systems to record and report financial performance data.
Essential state-of-the-art operating and information systems that support company strategies and value-creating internal processes include all of the following except data management systems for undertaking benchmarking, TQM, and Six Sigma quality control. Hence, option D is appropriate.
What is the meaning of data management systems?Data management systems are computer programs that enable the storing, retrieving, and processing of data requests. Users can create, read, modify, and remove data in databases using a DBMS, which acts as a link between them and the databases.
Within an organization, data management entails gathering, storing, analyzing, and exchanging data. Every company that generates or uses digital data, especially those with significant data quantities, stands to gain from data management.
Database administration program. Data management systems (DBMS), according to Connolly and Begg, are "software systems that enable users to define, construct, maintain, and govern access to the database."
Concurrency, safety, backup and recovery, integrity, and data descriptions are just a few of a DBMS's features. Database management systems offer several significant advantages, but their implementation can be expensive and time-consuming. Hence, option D is correct.
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PLEASE HELP, WILL GIVE BRAINLIEST
1. The industrial wood planers currently valued at $58,000 each were purchased two years ago for $65,000 each. The company plans to keep them for six more years. Jasmine uses the straight-line method to determine the depreciation for these machines. Be sure to follow FASB
a. What is the salvage value of each planner, and how is this amount determined? (2 points)
The salvage value of each planner is $23,000 and this is derived by first calculating the depreciation amount which is then deducted from Original cost of the asset.
How do we calculate our salvage value?The salvage value of each industrial wood planer is the estimated value of the machine at the end of its useful life, after it has been fully depreciated. It is determined by subtracting the accumulated depreciation from the original cost of the asset.
In Jasmine's case, using the straight-line method of depreciation, the annual depreciation for each machine is calculated as follows:
$65,000 - $58,000 = $7,000 (depreciation per year)
The company plans to keep the machines for six more years, so the total amount of accumulated depreciation would be:
$7,000 x 6 = $42,000
Therefore, the estimated salvage value of each industrial wood planer would be:
= $65,000 - $42,000
= $23,000
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What is market environment
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
An individual who is employed part time but is looking for a full-time job is classified as.
Also, an individual who is working part-time at an office job but would prefer to instead work full-time is considered underemployed.
Underemployment is the underuse of a worker because a job does no longer use the worker's talents, is a component-time, or leaves the employee idle. Examples consist of conserving a part-time job despite wanting complete-time work, and overqualification, wherein the worker has the education, enjoy, or talents past the requirements of the activity.
Underemployment has been studied from a ramification of perspectives, which include economics, management, psychology, and sociology. In economics, for example, the term underemployment has three exceptional awesome meanings and applications. all of the meanings contain a scenario wherein someone is operating, in contrast to unemployment, where someone who's looking for work cannot discover an activity. All meanings contain below-utilization of hard work which is missed by maximum legit (governmental company) definitions and measurements of unemployment.
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Analyze the role played by government, universities, and entrepreneuers in innovation
The role played by government, universities, and entrepreneurs in innovation contributes unique resources, expertise, and perspectives that foster innovation and propel economic growth.
Here is an analysis of the role played by each:
Government:Government plays a vital role in innovation through various means:
a. Funding and Support: Governments allocate funds to support research and development (R&D) activities, providing grants, subsidies, and tax incentives for innovative projects.
b. Policy and Regulation: Governments create an enabling environment for innovation by implementing policies and regulations that promote competition, protect intellectual property rights, and encourage entrepreneurship.
c. Infrastructure and Education: Governments invest in physical infrastructure, such as transportation and communication networks, which are essential for innovation.
Universities:Universities play a critical role in innovation through research, education, and collaboration:
a. Research and Development: Universities are centers of knowledge creation and innovation. They conduct research across various disciplines, pushing the boundaries of knowledge and discovering new technologies, processes, and solutions.
b. Talent Development: Universities educate and train students in diverse fields, equipping them with the skills and knowledge to contribute to innovation. They foster critical thinking, problem-solving abilities, and a culture of exploration and curiosity.
c. Technology Transfer: Universities facilitate the transfer of research outcomes and technologies to the commercial sector. They collaborate with entrepreneurs and industry partners to commercialize innovations through licensing agreements, spin-off companies, or joint ventures.
Entrepreneurs:Entrepreneurs are central to the process of innovation and play a key role in transforming ideas into marketable products or services:
a. Idea Generation: Entrepreneurs are often the initiators of innovative ideas. They identify opportunities, envision new products or services, and develop unique value propositions. Their entrepreneurial mindset drives them to challenge existing norms and seek novel solutions.
b. Risk-Taking and Investment: Entrepreneurs take on risks by investing their resources, time, and effort into developing and commercializing innovations. They secure funding from various sources, such as venture capital, angel investors, or government grants, to finance their ventures.
c. Market Adoption and Scaling: Entrepreneurs are responsible for bringing innovations to the market and driving their adoption. They navigate challenges such as market validation, customer acquisition, and scaling operations.
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During its first year of operation Mazer Manufacturing Company produced 9,500 units of inventory and sold 2,550 units. Mazer incurred variable product cost of $2.50 per unit and $13,300 of fixed manufacturing overhead costs. The sales price of the products was $9.50 per unit. Determine the amount of net income Mazer would report if the company uses variable costing.
Answer:
Explanation:
To determine the amount of net income Mazer would report if the company uses variable costing, we need to calculate the variable cost per unit and the contribution margin per unit first:
Variable cost per unit = variable product cost per unit
= $2.50
Contribution margin per unit = sales price per unit - variable cost per unit
= $9.50 - $2.50
= $7.00
Using this information, we can calculate the total variable cost and total contribution margin for the units sold:
Total variable cost = variable cost per unit x units sold
= $2.50 x 2,550
= $6,375
Total contribution margin = contribution margin per unit x units sold
= $7.00 x 2,550
= $17,850
Next, we can calculate the total fixed manufacturing overhead cost incurred by Mazer during the first year of operation:
Total fixed manufacturing overhead cost = $13,300
Finally, we can calculate the net income using the variable costing method:
Net income = total contribution margin - total fixed manufacturing overhead cost
= $17,850 - $13,300
= $4,550
which of the following subject lines would be best for this email
Outline the Operational Risk events that JP Morgan Chase & Co has experienced over the last 5 years
Some operational risk events faced by JP Morgan and other firm are:
Internal fraudExternal fraudDamage to physical assetsBusiness disruptionSystems failuresWhat is an operational risk event?This refers to an incident or experience that has caused or that has a potential to cause some material loss to the firm either directly or indirectly with other incidents.
Some example of an operational risk involves some employee errors, criminal activity like fraud, physical events etc.
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3. Come up with a set work period, such as one day or one week. State how many of
product 1 you can make in that period if you create the product type exclusively.
Then state how many of product 2 you can make in the same period if you work on
that type of product exclusively. (1 point)
Based on the information given, the products that will be taken into consideration will be making shirts and making socks.
Solving the set work period.From the complete question, the products that will be produced are shirts and socks.
The inputs to product 1 are fabric, sewing machine printing machine, and time. The inputs to product 2 are fabric, time, and sewing machine.
The set work period will be 140 shirts can be made and 100 socks can be made as well.
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what are some ways the financial crisis in 2008 could've been avoided
The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.
The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.
Here are some ways the financial crisis in 2008 could have been avoided:
1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.
2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.
3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.
4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.
5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.
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Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 25,000 Variable expenses 17,500 Contribution margin 7,500 Fixed expenses 4,200 Net operating income $ 3,300 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income
Answer:
See
Explanation:
Selling price = $25,000/1,000 = $25
Variable cost = $17,500/1,000 = $17.5
1,001 units
Contribution margin income statement
Sales ($25,000 + $25)
$25,025
Less variable expenses
Q23. It is said that controlling function is the best source to judge the accuracy of the
standards set in order to achieve the objectives. Do you agree? Give any two reasons
in support of your answers.
Explanation:
Control is an extremely important administrative function for achieving organizational objectives and goals.
To control is to monitor and analyze how the systems that make up the organizational whole are moving in search of reaching the proposed goals.
A manager who exercises control effectively, will ensure that the resources that the company has in a given period are used according to the forecasts and the established strategy, in addition to motivating employees to be more productive and develop their skills in favor of efficiency and ensuring the achievement of objectives.
For this project, you will conduct your own informal study to observe one part of the facial feedback theory firsthand. For one week (seven days), you will survey and record people’s moods. You will be mimicking the first two parts of the facial feedback research study conducted by Kleinke, Peterson, and Rutledge. Be sure you understand how the study conducted by Kleinke, Peterson, and Rutledge was executed. You may wish to listen to the case study again or conduct your own research about facial feedback studies. You will compile your results and reflect on your findings in a written paper
The study of human behavior is called psychology.
The facial feedback theory is defined as the reading the expression of the person for his behavior.
No one wants to make someone unhappy by saying something. Therefore, everyone smiles at the situation they do not want to answer and don't want to make them feel hurt.
According to the facial feedback hypothesis, people's emotional experiences are influenced by their facial expressions. Smiling, for example, should make people feel happier, while frowning should make them feel sadder.
A smile and happy face represent a good response
Bad face represents bad response
Hence, everyone showed with a smiling face
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TASK: Identify any business that is undergoing change. Collect the following
information that you are going to present to the class.
1. Describe the nature of change(s) identified in the business you chose.
2. Discuss possible causes of change for the business
3. Explain the impact of this change on this business.
4. Elaborate on the strategies this business has implemented to deal with these
changes.
5. Advise the management of this business on how they should apply John
Kotter's theory to
deal with change in the workplace.
6. Explain how businesses can apply the Delphi technique to solve business
problems.
Assuming we chose to talk about a cell phone company that is going through changes, the information for the presentation could be:
The identified changes may be related to the inclusion of innovation in products.The possible causes of change for the business are related to the needs of competitiveness and value creation for the consumer.The impact of this change can increase the competitiveness and positioning of the company.The strategies that the company implemented to promote its technology change in its products was through marketing tools.Kotter's theory can help management with 8 steps on successful change leadership.The Delphi technique can help companies solve problems through group collaboration.What is the impact of change on a company?Change, whether internal or external, is responsible for changing processes, techniques, policies and organizational structure, being able to generate significant advances when properly applied.
Therefore, in the case of changes due to product innovation, the company must seek the best marketing strategies, in addition to training its employees to technically understand how the changes will benefit the company.
Find out more about product innovation at:
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what do you mean by business organisation
Answer:
Business organization, an entity formed for the purpose of carrying on commercial enterprise.Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation.
what types of jobs would you recommend companies utilize criminal background checks?
An employer may look into your employment history, credit, driving history, criminal history, vehicle registration, court records, compensation, bankruptcy, medical history, references, property ownership, drug test results, military background, and sex offender information.
Why do businesses conduct background checks?Employers can learn more about a candidate through background checks, which may help them: Increase productivity by selecting the best candidates. Take steps to avoid theft and other criminal activity. Avoid workplace safety hazards and harassment.Background checks are essential for big businesses, especially those that handle private customer and financial data. The safety and security of the business must be ensured that neither new nor current personnel pose a hazard. Background checks are crucial and worth the time and effort. The most typical background checks look for criminal activities, confirm job and education, include identification verification, and ask for driving records. Some employers also do drug testing, analyze credit reports, and look at social media.To learn more about businesses, refer to:
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