Key steps for managing people, processes, and results include: Establishment of Standards, Performance measurement, Comparison of actual and standard performance.
What are the steps in the control process?Control of process steps in company management include: Set performance standards. Measure performance. Compare actual performance against performance standards. Analyze deviations. Take corrective action. Track progress with a Gantt chart. Measure performance with dashboards. Manage workloads and reallocate resources.
What are the most important steps in the control process?Determining whether performance conforms to standards: It is very important to check whether the performance meets the standards. An important step to control. In this step the results are measured against already established criteria.
Is control include both process and results?Process control explains how the desired outcome is achieved and results control describes what is achieved in an outsourced project.
To learn more about controlling process visit:
https://brainly.com/question/14326918
#SPJ4
A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?
Answer:
663.58
Explanation:
From the problem:
E, the maximum allowable error, is $100
The value of z for a 99 percent confidence level is 2.576
Estimate of standard deviation is $1,000.
n = [(z x s)/ E] ^ 2
n = [(2.576 x 1000) / 100}^2
= 25.76^2
=663.58
Which of the following is NOT a basic statistic?
Mean
Area
Median
Mode
the answer is AREA (b) bcos all the other are general basic statists
If the company f used 7% ROR for loans, 9% ROR for bonds, and 14% ROR for stocks, and also used a 50% tax rate, what is the WACC? Enter the answer as a percentage. For example 12.34% is 12.34. Keep 2 decimal places and do not enter the % symbol.
The WACC (Weighted Average Cost of Capital) for the company is 10%. This is calculated by taking the weighted average of the costs of loans, bonds, and stocks based on their respective weights.
In this case, assuming equal weights, the WACC is determined as the average of 7%, 9%, and 14%. The WACC is a crucial metric used to assess the minimum return required by the company to meet its financing obligations and evaluate investment opportunities. It represents the blended cost of all capital sources and serves as a benchmark for investment decision-making.
Learn more about company here;
https://brainly.com/question/30532251
#SPJ11
Formulate and answer a True/False question for each of the following topics:
a. Integer Optimization – Binary Constraint Types
b. Integer Optimization – Fixed Charge Model and Excel Solving
c. Project Scheduling – Impact of shortening an activity
d. Project Scheduling – Impact of delaying an activity
a. In Integer Optimization, binary constraint types restrict variables to only take on values of 0 or 1. True.
b. The Fixed Charge Model is a type of Integer Optimization problem and can be solved in Excel using the Solver add-in.
True.
c. False. Shortening an activity in a project schedule may not always result in a reduction of the project duration if the shortened activity is not on the critical path.
d. True. Delaying an activity in a project schedule will always result in an increase in the project duration, as it will push back the start and end dates of subsequent activities.
Learn more about Fixed Charge Model
https://brainly.com/question/6073365
#SPJ4
Which of these factors is an advantage to using cash?
Answer:
B no fees or charges
Explanation:
Your welcome
Answer:
B.no fees or changes this is the right one
when uber was experiencing its first wave of tremendous growth, was a concern as people still use public transportation such as buses and subways.
When Uber was experiencing its first wave of tremendous growth, competition from public transportation was a concern.
During Uber's initial rapid expansion, one of the concerns was the continued use of public transportation options such as buses and subways. While Uber provided a convenient and innovative alternative to traditional taxis, it faced competition from existing modes of public transportation that had long been established and widely used.
Public transportation systems like buses and subways are deeply ingrained in urban areas and offer cost-effective transportation options for many people. They have extensive networks, established schedules, and lower fares compared to individual ridesharing services like Uber. This made them a preferred choice for certain segments of the population, especially for commuting and traveling longer distances.
Know more about public transportation here:
https://brainly.com/question/30411525
#SPJ11
What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.
Question 1 options:
posted payments on credit cards
bank errors
outstanding deposits
service charges
recorded checks
outstanding checks
Answer:
outstanding deposits, outstanding checks, posted payments on credit cards
Explanation:
Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.
What information does a bank statement provide?Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.
Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.
Thus, the ideal options are B, C, D, and F.
Learn more about Bank Statement here:
https://brainly.com/question/22786262
#SPJ2
Compare these costs.
48 paper plates for $2.99
75 paper plates for $3.99
Answer:
the $3.99 one cost less per unit
Explanation:
the $2.99 = $0.06 per unit
the $3.99 = $0.05 per unit
Margo has a daily income of $60, which she can spend on coffee or bagels. Each cup of coffee costs $3 and each bagel costs $4. She is currently spending all her income, and she is willing to forgo 1 bagel to get the next cup of coffee to achieve the same level of utility. To maximize her utility, she should:_______.
a. increase bagel consumption and decrease coffee consumption
b. decrease both consumption of coffee and bagel
c. do nothing
d. increase coffee consumption and decrease bagel consumption
Answer:
decrease both consumption of coffee and bagel
what is call account
Answer:
A call deposit account is a bank account for investment funds that offers the advantages of both a savings and a checking account. Like a checking account, a call deposit account has no fixed deposit period, provides instant access to funds, and allows unlimited withdrawals and deposits.
Answer:
Here's the answer :-
Explanation:
A call deposit account is a bank account for investment funds that offers the advantages of both a savings and a checking account. Like a checking account, a call deposit account has no fixed deposit period, provides instant access to funds, and allows unlimited withdrawals and deposits.
Hope it Helps
how does a hotel support tourism industry ? explain
Answer:
Hospitality generates revenue for local economies directly when tourists spend money in hotels, restaurants and entertainment venues. It also helps economies indirectly because tourists purchase retail goods, pharmacy items and locally made souvenirs and crafts.
ISTP-T create a paragraph connect to your personalities
The ISTP-T personality type is frequently associated with autonomous, analytical, and practical individuals. People with ISTP-T personalities frequently describe them as brave, daring, and self-assured.
What is ISTP-T?One of the sixteen personality types identified by Isabel Myers and Katharine Briggs is known by the initials ISTP. Introverted, Sensing, Thinking, and Perceiving is its initials.
They are renowned for their capacity to take on difficult jobs and work through complicated issues.
They frequently choose to work alone or in small groups and are typically quite adept at analyzing situations, dissecting them into smaller components, and then developing original solutions.
They frequently exhibit risk-taking tendencies and a strong sense of independence. Individuals with this personality type frequently excel at changing their behavior to fit new circumstances.
Learn more about the ISTP-T here:
https://brainly.com/question/17102582
#SPJ1
why is maximum number of person in partnership business mentioned in companies act and not in partnership act
The Companies Act and the Partnership Act are two different laws that govern different types of businesses.
The companies act and partnership act-The Companies Act governs companies, which are separate legal entities from their owners, while the Partnership Act governs partnerships, which are not separate legal entities from their owners.
The maximum number of persons in a partnership business is not mentioned in the Partnership Act because there is no limit to the number of partners a partnership can have. However, the Companies Act limits the number of members in certain types of companies, such as private companies, to a maximum of 200 members. This is because companies are separate legal entities and the law seeks to regulate their operations to ensure that they operate in a manner that is fair and transparent to all members.
To know more about the partnership act -
https://brainly.com/question/994016
#SPJ1
Betty's employees' performance is the lowest of the company. Most of Betty's employees have
been with the company less than 2 years. Those that have been with the company for more
than 2 years are visibly unhappy at the company. These results are drastically different than
most of the other teams in the company.
Do you think Betty is a good manager? List facts that support your decision
Answer: Define job performance, organizational citizenship, absenteeism, and turnover.
Explain factors associated with each type of work behavior.
One of the important objectives of the field of organizational behavior is to understand why people behave the way they do. Which behaviors are we referring to here? We will focus on four key work behaviors: job performance, organizational citizenship behaviors, absenteeism, and turnover. Note that the first two behaviors are desirable ones, whereas the other two are often regarded as undesirable. While these four are not the only behaviors organizational behavior is concerned about, if you understand what we mean by these behaviors and the major influences over each type of behavior, you will gain more clarity about analyzing the behaviors of others in the workplace.
Explanation:
lol look at this
PLSSS HELP PLSS HELP
The ______ is when a higher price level reduces the purchasing power of the public's accumulated savings balances. Multiple choice question. international-trade effect real-balances effect price-level effect interest-rate effect
Answer:
Explanation:
Hi
The price-level effect is regarded as a situation in which the purchasing power of the customer of its total accumulated savings balances.
How does price level affect the purchasing power of a person?Price level refers to an amount for which a certain product is available for sale. It is assumed that the savings of the consumer who is willing to buy does NOT change in the meanwhile.
If the price level of a product decreases, the net disposable income in the hands of a consumer will ultimately increase. Similarly, when the price level is higher, the net disposable income in the hands of the consumer is reduced, leading to a decrease in its purchasing power.
For example, when the savings of a person is 100 and the Product A costs 50 the consumer buys 2 units; When the prices are increased to 100, now the consumer can buy only 1 unit of Product A, indicating a decrease in the purchasing power of the person.
Hence, the price level effect is when the higher price level reduces the purchasing power of the public's savings.
Learn more about purchasing power here:
https://brainly.com/question/24780427
which is the best option for a 22 year-old investing for their retirement?
The best option for a 22 year-old investing for their retirement would be a Roth IRA. This type of account allows for tax-free withdrawals in retirement and has the potential for significant long-term growth.
It is important to start investing early to take advantage of compounding interest and to consistently contribute to the account over time. It is also wise to diversify investments and consider seeking the advice of a financial advisor.
It is discussed as follows:
1. Diversify the investment portfolio: Spread investments across different assets, such as stocks, bonds, and mutual funds, to minimize risk and maximize potential returns.
2. Contribute to a retirement account: Begin contributing to a tax-advantaged retirement account, such as a 401(k) or an IRA (Individual Retirement Account). These accounts allow your investments to grow tax-free or tax-deferred until retirement.
3. Consider long-term investment strategies: As a 22-year-old, you have a long time horizon for your investments, so it's wise to focus on long-term growth strategies like investing in low-cost index funds and exchange-traded funds (ETFs). These investments have historically provided consistent returns over long periods.
Remember, it's important to review and adjust your investment strategy periodically based on your individual financial goals and risk tolerance. Consulting with a financial advisor may also be helpful in creating a personalized retirement plan.
Learn more about risk tolerance here: https://brainly.com/question/26507665
#SPJ11
What percentage of sales revenue goes to the cost of sales for the XYZ company? XYZ offers salary plus commission and bonuses for sales personnel who reach their sales quotas. It has eight salespeople, each earning a base salary of $45,000 plus a 2-percent commission on sales. Sales were $3 million, and bonuses totaled $30,000 for the year.
The sales revenue would be gotten as 15 percent
How to solve for the sales revenueTo find the percentage of sales revenue that goes to the cost of sales for the XYZ company, we need to calculate the total cost of sales, which would include the cost of goods sold as well as any other direct costs associated with generating the sales, such as commissions paid to salespeople.
In this case, the cost of sales would be:
$45,000 (base salary for each salesperson) x 8 (number of salespeople) = $360,000 (total base salary for sales team)
$3,000,000 (total sales) x 2% (commission rate) = $60,000 (total commission paid to sales team)
$360,000 + $60,000 + $30,000 (bonuses) = $450,000 (total cost of sales)
To find the percentage of sales revenue that goes to the cost of sales, we divide the total cost of sales by the total sales revenue and multiply by 100:
$450,000 / $3,000,000 x 100 = 15%
So, the percentage of sales revenue that goes to the cost of sales for XYZ company is 15%.
Read more on sales revenue here: https://brainly.com/question/29436143
#SPJ1
Operations Management Mind Map. For the requirements of this assignment, you are required to: - Create a mind map showing, in your opinion, the main challenges and organizational concerns that affects Operations Management nowadays. - The intention is for you to show that you understand the factors and issues connected with Operations Management.
The mind map illustrates the main challenges and organizational concerns that currently impact Operations Management. It demonstrates an understanding of the various factors and issues associated with this field, showcasing the complexity and importance of effective operations management in today's business landscape.
The mind map encompasses several key areas of concern in Operations Management. It identifies challenges such as supply chain management, quality control, cost optimization, capacity planning, technology integration, sustainability, and risk management. Each of these factors plays a crucial role in the efficient functioning of operations within an organization.
Supply chain management involves coordinating the flow of goods and services from suppliers to customers, ensuring timely delivery and minimizing disruptions. Quality control focuses on maintaining high product and service standards, reducing defects, and enhancing customer satisfaction.
Cost optimization aims to streamline processes, reduce expenses, and improve profitability. Capacity planning involves aligning production capabilities with market demand to avoid bottlenecks or underutilization.
Technology integration explores the implementation of innovative tools and systems to enhance operational efficiency, automation, and data-driven decision-making. Sustainability concerns address the need for environmentally responsible practices and resource conservation.
Learn more about Operations Management here:
https://brainly.com/question/30415374
#SPJ11
Empathy involves _____.
feeling pity
active listening
feeling sorry
written communication
Answer:
active listening
Explanation:
Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.
Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.
I hope this helps! :)
☁️☁️☁️☁️☁️☁️☁️
The market revolution brought an innovation in labor practices called ""piece work. "" what is the piece work system?.
Division of production into discrete steps performed by different workers is the piece work system.
Production is the technique of combining various material inputs and immaterial inputs if you want to make some thing for intake. it is the act of creating an output, an amazing or service which has fee and contributes to the utility of individuals
Manufacturing is the system of creating or manufacturing items and merchandise from uncooked materials or additives. In different words, manufacturing takes inputs and makes use of them to create an output which is healthy for consumption – a great or product which has price to an cease-user or client.
Learn more about production here:https://brainly.com/question/16755022
#SPJ4
Daphne works as the only salesperson in her aunt’s tax preparation business. Describe the selling process for a small business like this one, and how the steps of the sales process differ based on her situation.
Prospecting is the initial stage of the sales process. You locate potential clients in this stage and assess whether they require your good or service and whether they can afford what you have to offer.
What is the Selling process?The series of actions a salesman takes to market a product is known as the selling process. The selling process is a full cycle that begins with customer identification and ends with contract closure. It applies more to business-to-business sales where the sales cycle is lengthier and may take longer to close. The selling process may be quicker and more sporadic in B2C.
Prospecting, pre-approach, approach, presentation, resolving objections, closure, and customer follow-up are just a few of the steps in the selling process.
To learn more about the Selling process follow the link.
https://brainly.com/question/28146061
#SPJ1
Sales process different in her situation because of the applying the applicable tax rate to the entire sales price yields the amount of tax owing on taxable sales.
what is tax?
a tax that is required to be paid to the state and is either added to the price of some products, services, and transactions or is imposed by the government on the income of employees and corporate earnings.
Fundamental method for nations to produce public revenues that enable them to support investments in human capital, infrastructure, and the provision of services for citizens and businesses is through the collection of taxes and levies.
Thus, Daphne's tax preparation is different from sales process steps.
Learn more about Tax, here:
https://brainly.com/question/16423331
#SPJ1
What is a real account?
Answer:
A real account is a publicly generalized account that does not close at the end of the considered year. Apparently, the balances in real accounts are carried over to become the start of balances of the next period. Real accounts are also permanent accounts.
Answer:
Explanation:
A real account is a acccount that’s valid until one year
Wolfpack Construction has the following account balances at the end of the year.
Accounts Balances Equipment $26,000
Accounts payable 3,000
Salaries expense 33,000
Common stock 11,000
Land 18,000
Notes payable 20,000
Service revenue 39,000
Cash 6,000
Retained earnings ?
A financial institution's account balance is the sum of money it has on hand during the current accounting period.
$16,000 in retained earnings
$50k total assets
$50,000 in liabilities and equity overall.
How to find the calculation?When the balance from the prior month is added, it represents the net difference between the credits and debits that were recorded during any particular accounting cycle.
Making the necessary accounts in order to create a balance sheet
ANALYSIS SHEET
ASSETS
Cash 3,000
Land 18,000
Resources 26,000
Assets totaling $50,000
LIABILITIES
3,000 in Accounts Payable
20,000 in notes payable
23,000 in total liabilities
EQUITY FOR STOCKHOLDERS
11,000 Common Stock
16,000 in retained earnings
[(3,000+18,000+26,000)-(3,000+20,000+11,000]
27,000 total equity
$50,000 in liabilities and equity overall.
Consequently, the balance sheet contains:
$50k total assets
$50,000 in liabilities and equity overall.
To Learn more About account balance refer TO:
https://brainly.com/question/2510966
#SPJ4
Which term i taken to explain a collection of web ervice that facilitate interaction of web uer with ite to create uer-generated content and encourage behaviour uch a community or ocial network participation
The phrase "Web 2.0" refers to a group of web services that allow web users to engage with sites in order to develop user-generated content and encourage behaviors.
A web service is a generic word for an interoperable machine-to-machine software function that is hosted at a network addressable location. A web service has an interface that hides the implementation details so that it can be used regardless of the hardware or software platform on which it is implemented or the programming language in which it is written. This freedom encourages web service-based systems to be loosely linked, component-oriented, cross-technology implementations.
Web services can be used alone or in conjunction with other web services to carry out complex aggregation or business transactions. Tools can be used to process the WSDL and generate client programs capable of talking with the service using the XML-based SOAP protocol.
Learn more about behaviors here
https://brainly.com/question/8871012
#SPJ4
The opening of which canal significantly reduced the time and money required to ship goods between the east coast and the west coast of the americas?.
Answer:
The Erie Canal
Explanation:
When it opened it dramatically decreased the cost of shipping while reducing the time to travel to the West.
_______________ is the degree to which decision-making authority is retained at higher managerial levels a. Formalization b. Unification c. Centralization d. Specialization
There are various organizations structure. one of it is centralization. Centralization is the degree to which decision-making authority is retained at higher managerial levels.
Features of CentralizationIn a centralized company, cogent decisions are made at topmost levels of the hierarchy, whereas in decentralized companies, decisions are made and problems are solved at lower levels by employees who are closer to the problem.
Advantages of centralizationSome employees are more okay in an organization where their manager authoritatively gives instructions and makes decisions. Centralization can also lead to operational efficiency because there will be no time wasting, particularly if the company is operating in a stable environment. Strategic process and content as mediators between organizational context and structure.
Therefore, the answer is centralization option C.
learn more about centralization: https://brainly.com/question/1288780
sakait has done some extra work to appease a client. now the client is asking her to do one more task, which is significant and not part of project scope. what should sakait do?
If a client is asking Sakait to do a task that is not part of the project scope, then she should approach the situation professionally. Sakait should review the client's request, and determine if the request is feasible to complete without disrupting the current project scope or affecting the project deadline.
She can also provide an estimated cost for the extra work that would have to be done. In this case, Sakait can:
1. Explain that the new request is outside the project scope, and provide a valid explanation to the client.
2. Provide the client with an estimate of the cost to complete the additional task and the timeline.
3. If the client agrees to the additional work, Sakait should ensure the details of the work are documented to avoid confusion later.
If the extra work is not feasible, and the client insists that the work be completed, Sakait should decline the request. In this case, Sakait would have to explain the reasons to the client why the extra work cannot be performed without disrupting the project schedule or causing other significant problems.
For more question on scope
https://brainly.com/question/10075760
#SPJ8
Write the advantages of Micro Hydro Power
Explanation:
mhp. is renewable, robust, and simple technology. it only takes a small amount of flow (as little as few liters per minute) or a drop as low as 1m to generate electricity with micro hydro
hope this was helpful
pls give me brainlist
who takes music class
I use to take music class
Answer:
I do
Explanation: