The organizing management function involves identifying and arranging the work and resources needed to achieve the goals that have been set. (B)
Organizing is a crucial step in the management process as it ensures that tasks and resources are allocated effectively to meet objectives.
Organizing involves several steps:
1. Identifying the tasks that need to be completed to achieve the set goals.
2. Breaking down tasks into smaller, manageable units.
3. Allocating resources, such as personnel, equipment, and materials, to each task.
4. Assigning responsibilities and creating a reporting structure, which includes determining who is responsible for each task and how they report their progress.
5. Coordinating the efforts of individuals and teams to ensure efficient workflow and communication.
Organizing is essential for efficient management, as it helps create a clear structure and ensures that resources are used effectively. It also promotes teamwork and collaboration, which are vital for achieving the organization's goals.
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which of the following is likely the single most effective step that a company can take to set ethical standards? group of answer choices state that the workplace values diversity. demonstrate support from top management. suggest that employees take ethics training. offer large cash awards for whistle-blowing. post ethical rules on bulletin boards.
The single most effective action a firm can do to set ethical standards is probably for top management to set an example.
The standards of conduct that a corporation establishes can be referred to as its ethical standards. When the top management adheres to these norms religiously, it inspires the middle and lower management to do the same in order to uphold better standards within the business organization. As a result, the importance of ethical norms has already been discussed. The ethics of a workplace are the standards, norms, values, morals, and principles that apply to employers and employees at work and that everyone employed there is expected to abide by. These sets of ideals foster amicable interactions amongst them, defining potentially improved, cordial, and disciplined relationships among the staff members.
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Let's take a look at precipitation over the course of a year in High Springs ( a small town north of Gainesville, near the Sante Fe River). (Please note that they start the year at O - October.) Which statement best describes the center for the boxplots?
Answer:
- The medians for the summer months of June, July, August, and September are higher than for the other months.
Explanation:
The statement prescribing 'the medians within the months of summer June, July, August, and September are higher in comparison for the other months' correctly describes the halfway for the boxplots. This displays that the precipitation during these months due were higher due to the high temperature and intense water cycle.
Management positions in agriculture are
all of the following EXCEPT which one?
A Difficult
B. Time-intensive
C. Entry-level
D. Knowledge-based
Answer: c
Explanation:
Why is it important to invest for your retirement? please explain :p
Can you think of situations in which you might want to deliver both a written and an oral report to your audience members? Why would this be appropriate in some circumstances? Give examples of when it is appropriate and examples of when it is not appropriate.
This written report might help the listeners comprehend the speech and be useful to them in the future. Reading is often preferred to listening to informational speech by many people.
What does comprehend mean mean?
To cognitively grasp something's entire nature or significance is to comprehend it. Thus, comprehend is frequently a little stronger than understand. For instance, you might understand the instructions in a manual without really understanding why they are being given. The second sense of comprehend is far less often. In other words, both phrases mean "get the meaning of," but sometimes understand emphasises the outcome while comprehend emphasises the journey to get there.
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Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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QUESTION 8 of 10: What is a focus group?
what's a focus group, well it's a group that focus
In the past, how did professional baseball teams generally choose which player they would take and how much money they would pay them? Was economics or scientific reasoning a part of their decision making?
In the past, the professional baseball teams generally chose
based on what talent scouts had to say about the player.
Who are Scouts?These are people who search various places for someone or
something. In sports, scouts look for the best talents which are
then employed by clubs to aid their targets.
In the past, the professional baseball teams generally chose
based on what talent scouts had to about the player which
helped to determine his/her ability and salary. Scientific
reasoning was also part of their decision making to determine
the worth of a player.
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... is an economic system where consumers can choose what to buy and where to buy
A. Planned economic system
B. Mixed economic system
C. Market economic system
D. Tradition economic system
it is C. Market Economic system!
as I read and knew once I found of by reading the sentence you put.
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for confirming it for me. and you can find out more about Economic Systems there for sure also !!
Answer:
it can be either mixed or a market economy
Explanation:
With what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily?
A.
the names of all the items on the restaurant menu
B.
finance-related words such as depreciation, capital expenditure, etc.
C.
restaurant-related terms such as banquet, buffet, etc.
D.
marketing terms such as product lifestyle, customer lifetime value, etc.
E.
advertising terms, such as brainstorming, captions, etc.
Answer:
Explanation:
For all Plato users.
Finance-related words such as depreciation, capital expenditure, etc. kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily. Thus, option (a) is correct.
What is a balance sheet?A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet. It was the obligations using its current assets.
The terms depreciation, capital outlay, liabilities, assets as well as equity, and revenue should all be understood by someone who works in finance. A person can comprehend the data in a restaurant's balance sheet and make decisions about the restaurant's financial health with the aid of these finance-related terms if they are familiar with them.
As a result, the significance of the kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily are the aforementioned.
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if the government issues each firm a non-tradable permit to produce 700 tons of pollution per year, what will be the cost of pollution reduction?
if the government issues each firm a non-tradable permit to produce 700 tons of pollution per year, the cost of pollution reduction will be $700.
What is pollution permits?
Pollution permits involve giving firms a legal right to pollute a certain amount e.g. 100 units of Carbon Dioxide per year.If the firm produces less pollution it can sell its pollution permits to other firms.However, if it produces more pollution it has to buy permits from other firms or the government.This creates a market for pollution permits with the price set by demand and supply.The aim of pollution permits is to provide market incentives for firms to reduce pollution and reduce the external costs associated with it. For example, it is argued carbon dioxide emissions contribute towards global warming.Pollution permits can also be a way for the government to raise revenue, by selling firms these permits to allow pollution.To learn more about pollution permits
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Retailing is composed of all of the business activities that add value to the products and services customers buy. This includes:
Answer: Finance, purchasing, accounting, suppying
Explanation:
Retailing is known as a sub middleman in business that buys from the wholesaler and sells to the consumer in smaller quantity not as big as the wholesaler.
The following are activities of the retailer, although it might not be all followed by many retailers but depending on their ability and understanding
-Finance
-Purchasing
-Accounting
-Management Information System
-Supply management including warehouse and distribution management.
Retailing consists of a wide range of business activities that together add value to the products and services that customers buy. These activities are key to meeting customer needs and ensuring a smooth and satisfying shopping experience. Some of the key components of retail include:
1. Merchandising: Retailers engage in merchandising activities to prepare and present a diverse range of products and services to customers. This includes selecting, sourcing, pricing and displaying merchandise in a way that appeals to the target market.
2. Inventory Management: Retailers are responsible for managing inventory levels to ensure product availability to meet customer demand. This includes forecasting demand, optimizing inventory turnover and implementing efficient replenishment processes.
3. Store Operations: Day-to-day retail store operations include activities such as store layout and design, staffing, customer service, sales management, and security. These activities are essential to creating a pleasant and customer-friendly environment.
4. Marketing and Promotion: Retailers use various marketing strategies and promotional activities to attract customers, build brand awareness and promote sales. This includes advertising, public relations, social media marketing, loyalty programs and sales promotion.
5. E-commerce and Omni-channel retailing: With the rise of online shopping, retailers are engaging in e-commerce activities to provide convenience to customers in purchasing products online. They also adopt omnichannel strategies to integrate online and offline channels to create a seamless shopping experience.
6. Supply Chain Management: Retailers work closely with suppliers and distributors to ensure the efficient movement of products from manufacturers to stores or customers. Effective supply chain management includes logistics, warehousing, transportation and order fulfillment.
7. Customer Relationship Management (CRM): Retailers focus on building and maintaining strong relationships with customers through personalized service, loyalty programs and targeted marketing efforts. CRM helps retailers understand customer preferences, behavior and buying patterns.
Overall, retailing encompasses a complex set of activities aimed at delivering value to customers and promoting business success. It involves the integration of various features and strategies to create a positive and engaging retail experience for customers.
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Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau
Answer:
It might be D- whic
If more gas stations are built in the local area, then the supply of gasoline will decrease as a result.
The statement "If more gas stations are built in the local area, then the supply of gasoline will decrease as a result" is not accurate. In fact, the increased number of gas stations would likely lead to an increase in the supply of gasoline.
When more gas stations are built in a local area, it generally leads to an increase in the supply of gasoline. This is because each gas station is a point of distribution for gasoline, and more gas stations mean more outlets for selling gasoline. As a result, the overall supply of gasoline in the local area tends to increase.
An increase in the number of gas stations can have several effects on the supply of gasoline. Firstly, competition among gas stations may lead to lower prices, encouraging consumers to buy more gasoline. This increased demand can incentivize suppliers to increase their gasoline production and supply to meet the growing market demand.
Additionally, with more gas stations available, suppliers may have better access to distribution channels, allowing them to transport and deliver gasoline more efficiently. This improved distribution network can contribute to a more abundant and accessible supply of gasoline in the local area.
Therefore, contrary to the initial statement, the construction of more gas stations typically results in an increase in the supply of gasoline rather than a decrease.
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The Texas budget includes over 200 dedicated funds to support specific public policy areas. Plus, billions of federal dollars sent to Texas must be used for specific purposes like Medicaid, CHIP, and Title 1 schools. How do these factors affect the ability of state legislators to deal with economic crises when they arise
A motor vehicle sold on credit to C. Kelly will require which of the following entries:
Debit Purchases, Credit C. Kelly
Debit motor vehicle, Credit C. Kelly
Debit C. Kelly, Credit purchases
Debit C. Kelly, Credit Motor vehicle
When a motor vehicle is sold to C. Kelly on credit, the relevant entries would be Debit C. Kelly, Credit Motor vehicle.
When an item is sold on credit to an entity, that entity becomes an Accounts Receivable. As this is an asset, it is debited when it increases which is the case here with C. Kelly purchasing the car on credit.
The motor vehicle account is an asset and assets are credited when they decrease. By selling the vehicle, the motor vehicle account will be credited to show that motor vehicles have decreased.
In conclusion, the accounting entry for the above scenario would be Debit C. Kelly, Credit Motor vehicle.
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In which type of organizational structure is decision making made at the lowest level of the organization
Answer:
chain of command
Explanation:
The chain of command organizational structure simplifies decision-making. Employees at the lowest level of the company hierarchy complete the tasks assigned to them for that day.
The lowest level of the organization's hierarchy is where decisions are made in a chain of command organizational structure.
The authority-based ranking of members is known as organizational hierarchy. It alludes to the positions that range from entry-level workers to senior managers or executives.
Organizational hierarchies typically have several levels, with higher positions held by people with more power. A hierarchical organization or hierarchical organization is a type of organizational structure where all but one of the entities are subordinate to one another.
This set up resembles a hierarchy. In an organization, the power structure typically consists of one or more individuals or groups at the top, followed by command lower levels of power.
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When a restaurant chain, big burgers, launches its own brand of frozen meals, this is an example of a?
When a restaurant chain, big Burger, launches its own brand of frozen meals, this is an example of a Brand Extension.
When a company uses one of its brand names that is established it is said to be a Brand Extension. Resaurant chain, big burger when open its own brand in other locality is an example of brand extension.
Another name for Brand Extension is Brand Stretching. The basic strategy behind Brand Extension is to use the company’s already available equity to launch the new product. The new product is called Spin-off. Depending upon the type of customer you have and the target you want to achieve you can use any suitable type of brand strategy.
The five different Brand Extension strategies are
Line ExtensionComplementary product extensionCustomer base extensionCompany Authority ExtensionBrand lifestyle ExtensionBrand Extension strategy works when the new product is related to the parent product and is according to the demand of the customer.
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interest earned on the cash balance in the bank is recorded by the bank as: multiple choice an increase in the bank’s asset account. an increase in the bank’s expense account. a decrease in the bank’s asset account. a decrease in the depositor’s bank account. an increase in the depositor’s bank account.
Interest earned on the cash balance in the bank is recorded by the bank as an increase in the depositor’s bank account.
What is the impact of interest earned?A savings account is a type of account that can be opened with a bank. Savings account earn interest based on the amount of money in their account at the end of the month.
The interest that is earned depends on the number of withdraws, interest rate paid on deposits and the amount deposited in the account. Deposits are recorded as a liability in the balance sheet of a bank. A liability is an obligation that has to be paid at sometime in the future.
This means that at the end of the month, the value of the money in the depositor's saving account increases by the value of interest paid.
For example, if the interest paid by a bank on deposits in a savings account is 10%. If an account has $1000 in the account, the value of the amount at the end of the month is 1,100 (1000 x 1.1).
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What does the government have to do with public sector ?
1market review in nepal with that market picture
For project work of class 8th O.B.T.E subject
Research has shown that the scenarios of things in the Nepalese market. The market under review here is called the Kalimati fruit and vegetable market and it is located at Kathmandu, Nepal.
What is the Kalimati fruit and vegetable market about?Kalimati fruit and vegetable market is known to be the largest wholesale market that is known to often sell agricultural products in the country of Nepal.
One can find this market in Kathmandu, Nepal. it is said to be maintained by the Kalimati Fruit and Vegetable Market Development.
This market was set up in 1987 and as at that time, it was known to be a wholesale center run by the Nepal government and it was said to be set up by United Nation Capital Development Fund.
The sellers here are known to sell lowest of five kilograms and it also has a retail market for small traders to sell their products.
Study has shown that it has 425 wholesaler, 65 retail and also about 27 fish shops that can be found the market.
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How many days does the pay stub cover?
Answer:
Pay stubs are usually an extent of 30 days which is a month.
who looks over the land and determines the best location for the structure.
Answer:
what does this mean
Explanation:
a victim of phishing would most likely be contacted in which form of these ways?
Answer:
If you got a phishing email, forward it to the Anti-Phishing Working Group at If you got a phishing text message, forward it to SPAM (7726). Step 2.
"Canadian companies that have been doing business in Cuba for years see no reason why they should suddenly be sued in U.S. courts when Canada does not restrict trade with Cuba." This is most related to:
A) Helms-Burton Act
B) Smoot-Hawley Act
C) D-Amato Act
The given statement, "Canadian companies that have been doing business in Cuba for years see no reason why they should suddenly be sued in U.S. courts when Canada does not restrict trade with Cuba." is most related to A) Helms-Burton Act.
The Helms-Burton Act, officially known as the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act, was enacted by the United States in 1996. It aimed to strengthen the U.S. embargo against Cuba and penalize foreign companies that engage in business with Cuba. The act allows U.S. citizens to file lawsuits against foreign companies, including Canadian companies, that benefit from property confiscated by the Cuban government.
The statement highlights the concern of Canadian companies doing business in Cuba, who argue that they should not be subject to lawsuits in U.S. courts when Canada does not restrict trade with Cuba. This aligns with the provisions of the Helms-Burton Act, which has been a source of contention between the United States and its trading partners, including Canada, regarding extraterritorial application of U.S. laws and the impact on international business relationships.
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Which situations best demonstrate likely tasks for Business Financial Management workers? Check all that apply.
Marcy helps a family create a budget that allows them to save up for buying a house.
Caleb researches possible cases of fraud and takes notes on what he finds out.
Selena processes customer transactions at a bank.
Jung creates a report with charts to show how a company's money is being spent.
Owen sells automobile insurance policies to people.
Alonzo advises companies about investment strategies.
Answer:
its
b, the caleb one
d, the jung one
d, the Alonzo one
Caleb investigates potential fraud situations and makes notes on his findings. In order to show how a company's money is being spent, Jung develops a report using charts. show potential tasks for those working in business financial management. Thus option (B, C) is correct.
What is management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
Managing telephone costs, employing new employees, purchasing facilities, creating project budgets, etc. are a few examples of financial management for a corporation or firm. financial administration
Therefore, Thus, option (C) is correct.
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efine labour productivity. Explain three factors that can increase labour productivity
Labour productivity refers to the amount of output produced by a worker in a certain amount of time. It is calculated by dividing the total output by the total number of workers in the firm. It measures the efficiency of the production process.
Labour productivity is an essential metric to measure the performance of a company. It measures the efficiency of the production process. It is an essential metric for managers to track, as it can help them to identify inefficiencies in their production process and take steps to address them.
Three factors that can increase labour productivity are:
1. Technology: With technological advancements, workers can use tools and machinery to complete tasks faster, with fewer errors. For instance, automated machinery can produce more units in the same amount of time than manual labour.
2. Training: Training programs can help employees acquire new skills and techniques that can increase their productivity. For example, teaching employees to use specialized software can help them complete tasks faster.
3. Motivation: Motivated workers are more productive. Workers who are passionate about their jobs and are rewarded for their hard work tend to be more productive than workers who are not motivated or who don't have the opportunity for growth and development.
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Task: In light of the above, you are required to research the following:
1. Distinguish between technical efficiency and allocative efficiency.
Use the two concepts of efficiency to compare a perfect market
structure with a monopoly.
2. Investigate the different forms of non-price competition strategies
used in a monopolistically competitive market.
3. Examine how companies colluded in South Africa. Explain the
effects of collusion on the South African economy.
4. Research the role and function of the Competition Commission and
Competition Tribunal in preventing restrictive business practices.
5. Evaluate the success of the Competition Policy in South Africa.
1. Technical efficiency describes a firm's or an economy's capacity to generate the greatest amount of output from a given set of inputs or resources. It indicates that resources are used most effectively as possible, with no waste or manufacturing process inefficiencies.
2. There are lots of buyers and sellers, uniform products, accurate information, and free entry and exit for businesses in a market that is perfectly competitive. In a monopoly, there is only one dominant supplier, there are considerable hurdles to entrance, and there is no competition.
3. corporations must participate in unlawful collusion, In order to manipulate market conditions, establish prices, distribute consumers or geographic areas, or engage in any other anti-competitive behavior. In South Africa, there have been prominent instances of collaboration that significantly impacted the country's economy.
4. When it comes to avoiding anti-competitive corporate practices and fostering competition within an economy, the Competition Commission and Competition Tribunal are essential players. Cases of anti-competitive behavior, such as the abuse of market dominance, are looked into by the Commission.
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Identify and explain two reason why the primary sector is relatively more important to Botswana than India?
Answer:
There is labour abundance in primary sector in India. Also, most of the people are employed in the primary sector because enough jobs are not provided by the secondary and tertiary sector. Employment growth is less in the secondary and tertiary sector. About 63% of the country are absorbed in the primary sector
A jeans maker is designing a new line of jeans. These jeans will sell for $410 per unit and cost $328 per unit in variable costs to make. Fixed costs total $120,000. If 5,000 units are produced and sold, income equals: multiple choice $1,930,000. $290,000. $410,000. $2,050,000. $1,520,000
If 5,000 units are produced and sold, income equals $290,000. This is the profit made.
Variable cost of making a pair of jeans = $328.
A variable expense is a corporate cost that adjustments of extent to how much an organization creates or sells
Sale Price per pair of jeans = $410.
A sale price is the limited cost at which labor and products are being sold.
Contribution per pair of jean = 410–328= $82.
Fixed costs = $120,000.
Fixed costs continue as before paying little mind to creation yield. Fixed expenses might incorporate rent and rental installments, protection, and interest installments.
Number of units sold = 5000.
Income from profit = (No of units sold* Contribution per unit) - Fixed cost = (5000*82)-120000=410000–120000=$290,000.
This is the profit.
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