Answer:
The correct response is "$340,000".
Explanation:
The given values are:
Direct issued materials,
= $100,000
Direct labor costs,
= $117,000
Applied manufacturing overhead,
= $123,000
Indirect issued materials,
= $18,000
Now,
In February, the cost of completed jobs will be:
= \(Direct \ issued \ materials +Direct \ labor \ costs+Applied \ manufacturing \ overhead\)
On substituting the given values, we get
= \(100,000+117,000+123,000\)
= \(340,000\) ($)
Which type of logic is based on indisputably verifiable information?
Answer:
Falsifiability
Explanation:
Falsifiability
what is your analysis on walmart financial health as of january 2021 compare to 2022
f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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HELPED NEEDED !
David’s company has production plants set up in almost 20 countries. However, his company is experiencing low demand and its total exports are decreasing. Moreover, due to strong competition, David’s company has resorted to intensive marketing strategies. This focus has led to an increase in marketing costs. In which phase of the product cycle is David’s company?
A.
introduction
B.
decline
C.
maturity
D.
growth
Answer:
B. Decline
He has scaled his business, and the years have caused damage to his overall products hence the business is in decline.
Thinking Critically and Solving Problems
The number of accidents at a manufacturing facility has been increasing every year. Most of the accidents are
because employees do not follow standard procedures. The company's leaders want to apply systems thinking to
find solutions.
Which is the BEST first step when applying systems thinking and which is the WORST first step?
Posttest
1. Identify which teams should be evaluated to determine their role in causing the accidents.
2. Identify and evaluate all the potential consequences for each possible solution.
3. Identify patterns of employee behavior and examine what influences the patterns.
4. Identify solutions to solve smaller problems while studying the larger problem.
Which is the BEST way to handle the situation?
Option 1
Option 2
Option 3
Option 4
Which is the WORST way to handle the situation?
Option 1
Option 2
Option 3
Option 4
Question 23 of 25
4
Submit
From the given options, Best option for situation handling is option 3 " Identify patterns of employee behavior and examine what influences the patterns." and worst is option 1 "Identify which teams should be evaluated to determine their role in causing the accidents."
What is Situation handling?Situation handling is a concept for alerting particular user groups about business issues. By compiling all pertinent data and putting forward options, it assists the user in identifying, comprehending, and resolving the dilemma.
Situation Handling is a framework that automatically recognizes, monitors, and alerts users of specific concerns in your company that need their attention. You can choose from a number of methods, like as notifications, list views, or specific object pages, to inform your users about such scenarios in your organization. Additionally, you may offer your users information about these circumstances so they can make informed decisions and suggested solutions so the issues are resolved as quickly and effectively as feasible.
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You are an economics professor teaching large sections of Principles courses this semester. Within the first week of class,
several students have approached you with concerns about exam and homework due dates. They fear they won't do well
because the due dates for your class conflict with the dates for their other classes. You want to allocate exam and homework
due dates to the days most valued by students, but sifting through the opinions of hundreds of students presents a challenge.
The MOST efficient allocation would result if you:
design a predictions market for students to designate when they think the dates will be.
b. create an internal market for students to bid for their preferred dates.
C.
use your centralized power as a professor to assign the dates without student input.
d. determine that you have a knowledge problem when assigning dates
The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.
A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.
This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.
This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.
Therefore, the correct answer is option-b.
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What is the probability of receiving at least three e-mails during an hour (to 4 decimals)? For this question, if calculating the probability manually make sure to carry at least 4 decimal digits in your calculations. c. What is the expected number of e-mails received during minutes (to 2 decimals)? d. What is the probability that no e-mails are received during minutes (to 4 decimals)?
b) The probability of receiving at least three e-mails during an hour is of: 0.8754 = 87.54%.
c) The expected number of e-mails received during 15 minutes is of: 1.25 e-mails.
d) The probability that no e-mails are received during 15 minutes is of: 0.2865 = 28.65%.
What is the Poisson distribution?In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following mass probability function defines as follows:
\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)
The parameters are:
x is the number of successes that we want to find the probability of.e = 2.71828 is the Euler number.\(\mu\) is the mean in the given interval or range of values of the input parameter.The daily mean is of 121 e-mails, hence the hourly mean is of:
\(\mu = \frac{121}{24} = 5\)
Then the probability of at least three e-mails during the hour is of:
P(X ≥ 3) = 1 - P(X < 3)
In which:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)
Hence:
\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)
\(P(X = 0) = \frac{e^{-5}(5)^{0}}{(0)!} = 0.0067\)
\(P(X = 1) = \frac{e^{-5}(5)^{1}}{(1)!} = 0.0337\)
\(P(X = 2) = \frac{e^{-5}(5)^{2}}{(2)!} = 0.0842\)
Then:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2) = 0.0067 + 0.0337 + 0.0842 = 0.1246
Hence:
P(X ≥ 3) = 1 - P(X < 3) = 1 - 0.1246 = 0.8754 = 87.54%.
The mean during 15 minutes is one-fourth of the hourly mean, hence:
5.04/4 = 1.25 e-mails.
The probability of no-emails during the 15 minutes is of:
P(X = 0) = e^(-1.25) = 0.2865 = 28.65%.
Missing InformationIn items c and d, the measure is of 15 minutes, and the description of the problem is given by the image shown at the end of the answer.
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A cost is $34,500 at an activity level of 23,000 units, and $42,000 at an activity level of 28,000 units. What type of cost is this
Answer:
Incremental cost
Explanation:
The incremental cost is the cost that is incurred for increase in the production level that means if the level of the production rises, the cost or an expense also increased. It involves both type of cost i.e. fixed and variable
Therefore in the given situation it is mentioned that
For the activity level of 23,000 units the cost $34,500 is spent
And, for the activity level of 28,000 units the cost $42,000 is spent
So this is an incremental cost
SEE ATTACHMENTS
Lancer, Inc. (a U.S.-based company), establishes a subsidiary in Croatia on January 1, 2019. The following account balances for the year ending December 31, 2020, are stated in kuna (K), the local currency:
Sales K 200,000
Inventory (bought on 3/1/20) 100,000
Equipment (bought on 1/1/19) 60,000
Rent expense 12,000
Dividends (declared on 10/1/20) 22,000
Notes receivable (to be collected in 2023) 36,000
Accumulated depreciation—equipment 18,000
Salary payable 5,000
Depreciation expense 6,000
The following U.S.$ per kuna exchange rates are applicable:
January 1, 2019 $0.19
Average for 2019 0.20
January 1, 2020 0.24
March 1, 2020 0.25
October 1, 2020 0.27
December 31, 2020 0.28
Average for 2020 0.26
Lancer is preparing account balances to produce consolidated financial statements.
Assuming that the kuna is the functional currency, what exchange rate would be used to report each of these accounts in U.S. dollar consolidated financial statements?
Assuming that the U.S. dollar is the functional currency, what exchange rate would be used to report each of these accounts in U.S. dollar consolidated financial statements?
(For all requirements, round your answers to 2 decimal places.)
The question is about what currency rates will be used if
Assuming Kuna is the functional currency preparing accounts in US$
Sales $769,230.77
Inventory $400,000
Equipment $315,789.47
Rent Expense $46,153.85
Dividends $81,481.48
Notes Receivable $138,461.54
Accumulated Depreciation - Equipment $69,230.77
Salary Payable $19,230.77
Depreciation Expense $23,076.72
If US$ is the functional currency, preparing accounts in Kuna
Sales K 200,000
Inventory K 100,000
Equipment K 60,000
Rent Expense K 12,000
Dividends K 22,000
Notes Receivable K 36,000
Accumulated Depreciation - Equipment K 18,000
Salary Payable K 5,000
Depreciation Expense K 6,000
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Answer:
a. Sales 0.26
Inventory 0.28 (12/31/20 rate)
Equipment 0.28 (12/31/20 rate)
Rent Exp 0.26
Dividends 0.27 (declared date 10/1/20)
Notes Receivable 0.28 (12/31/20 rate)
Acc. Depreciation-equipment 0.28 (12/31/20 rate)
salary payable 0.28 (12/31/20 rate)
Depreciation exp. 0.26
b. Sales 0.26
Inventory 0.25
Equipment 0.19
Rent Exp 0.26
Dividends 0.27
Notes Receivable 0.28
Acc. Depreciation-equipment 0.19
salary payable 0.28
Depreciation exp. 0.19
Explanation:
a. We utilized the weighted average exchange rate for 2020 bec. each revenue and expense would have been recognized evenly throughout the year. Inventory, Equipment, Notes Receivable, Acc. Depreciation & Salaries payable are translated at the exchange rate in effect at the date of accounting recognition 12/31/2020. Dividends is the only acct. translated to when date of declaration.
b. All rates are the same except Inventory, Equipment, Acc. Depreciation & Depreciation Exp, they are translated at the exchange rate during purchase.
Find the following values.
a. An initial $500 compounded for 10 years at 6%
b. An initial $500 compounded for 10 years at 12%
c. The present value of $500 due in 10 years at 6%
d. The present value of $1,552.90 due in 10 years at 12% and at 6%
e. Define present value and illustrate it using a time line with data from Part d. How are present values affected by interest rates?
a. An initial $500 compound-ed for 10 ye-ars at 6%.
PV= $500
I=6%
N= 10
FV=?
PMT= 0
FV = PV(1+i)^n
500(1.06)^10= $895.45
b. An initial $500 comp-ounded 10 years at 12%.
I= 12%
N= 10
PMT= 0
PV= -500
FV= ?
FV = PV(1+i)^n
500(1.12)^10= $1552.92
c. The pre-sent va lue of $500 due in 10 yea-rs at 6%
I= 6%
N= 10
PMT=0
PV=?
FV=500
PV = FV/(1+i)^n
PV = $500 / (1.06)^10
= $279
d. The pre-sent value $1,552.90 due in 10 ye-ars at %12 and at %6
I= 12% and 6%
N= 10
PMT= 0
PV= ?
FV= $1,552.90
PV = FV/(1+i)^n
PV = $1,552.90 / (1.12)^10
= $499.99
PV = $1,552.90 / (1.06)^10
= $867.13
e. Present Value
Present Value is today's value of mo-ney received at some point in the future discount-ed at current int-erest rates.
How are present values affect-ed by int-erest rates? The pre-sent value gets small-er as you incr-ease the disco-unt rate.
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Cindy did not say anything the first time Carl pushed her as they walked in the hall. On the way back, he did it again. This time, Cindy caught his eye, smiled, and said, "Carl, you should signal before crossing into my lane." Cindy's behavior can be best described as
Answer: assertive
Explanation:
Based on the information given in the question, Cindy's behavior can be best described as being assertive.
To be assertive means that an individual can stand up for his or her own rights and that of other individuals in a calm way without being aggresive towards others.
Here, we can see that despite the fact that Carl pushed Cindy, she calmly got her point across to Carl without being aggressive or upset him. This shows that she's assertive.
On January 1, 2021, Baltimore Company issued $200,000 face value, 5%, 10-year bonds at 103. Baltimore uses the straight-line method for amortization. Use this information to determine the dollar value of the annual bond premium amortization. Round your answer to the nearest whole number (no cents).
Answer:
the dollar value of the annual bond premium amortization is $600
Explanation:
The computation of the dollar value of the annual bond premium amortization is shown below:
Interest paid ($200,000 × 5%) $10,000
Less: premium amortization ($200,000 × 0.03) ÷ 10) -$600
Dollar value of the interest expense $9,400
So, the dollar value of the annual bond premium amortization is $600
Annual bond premium amortized using straight-Line Method is $600.
What is straight-Line Method of Amortization of Bond?In the straight-Line Method, the bond premium or discount is charged/disbursed equally over the life of the bonds.
Given:
Face value of 5% bonds= $200,000
Maturity period= 10 years
Issue price of 5% bonds=103
Value of the annual bond premium amortization=
Interest paid=5% of $200,000=$10,000
Premium amortized= ($200,000 × 0.03) ÷ 10=$600
Interest expense=Interest paid-premium amortization
=$10,000-$600
=$9,400
Therefore, the annual bond premium amortization is $600
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what is the fastest way to grow your account (in followers and likes) on social media? this doesn't have to be "right" just say what has helped you grow on social media
Answer:
I think is just be nice like thier pics leave nice comments cause if ur nice to them they might think Oh that was nice I'm gonna follow them and just put cute pics and things that are trendy so people will see them and always stay nice and polite
Explanation:
Use what you have learned about managing risk to complete the following statements.
Smart phones are very expensive. You can purchase a protection plan that lets you
carrier.
Choosing to buy a case for your phone and being careful are ways to
vrisk.
risk with the phone
The phone can be risked by choosing to get a case for it and by being cautious. Hence, (B) is the best choice.
What is meant by Risk Management ?Risks can come from a variety of sources, such as unpredictability in global markets, threats from project failures (at any stage of design, development, production, or sustaining of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events with unclear or unpredictable root causes.
Negative occurrences are categorized as dangers, whilst favorable events are categorized as opportunities. Many organizations, including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards (quality management standards)
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Answer:
Use what you have learned about managing risk to complete the following statements.
Smart phones are very expensive. You can purchase a protection plan that lets you
✔ share
risk with the phone carrier.
Choosing to buy a case for your phone and being careful are ways to
✔ reduce
risk.
Explanation:
If you were in the situation mentioned above
would
you go with a payday lender or with one of the options provided in the article? Explain
$200 short due to rising costs-
your reasoning.
Payday lenders typically offer small, short-term loans at very high interest rates. These loans are intended to be used as a last resort, and are generally not a good idea for most people. They can quickly lead to a cycle of debt and financial problems.
How to make the choice?The options provided in the article may be a better choice, depending on the specific details of the situation. For example, if you are short on cash due to rising costs, you may want to consider cutting back on expenses, creating a budget, or looking for ways to increase your income. If you have a steady income, you may be able to qualify for a low-interest loan from a bank or credit union, which will likely be a more affordable option than a payday loan.
In any case, it is important to carefully consider all of your options and choose the one that is best for your financial situation. It is also important to remember that borrowing money is not always the best solution and it may be more effective to work on increasing income or cutting down expenses.
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Importance of integrating hr function with strategic organisational goals
Explanation:
Aligning HR with business strategy can boost employee satisfaction and performance, ensure teams are aligned to help the business achieve its strategic objectives, and increase their influence and decision-making power across the organization.
Business success requires the HR function to be integrated with strategic company goals. Achieving strategic alignment between HR's efforts to recruit, develop, and retain elite personnel and the organization's goals helps boost overall company performance.
HR function is in charge of managing a company's talent, which includes recruiting, fostering, and educating staff members. When the organization's strategic goals are aligned, the HR department can ensure that the required staff is in place to help achieve those goals. Organizational Culture: HR play a significant role in establishing the organizational culture. When HR is linked with the organization's strategic goals, it may help create a culture that supports those goals. Performance management plans that are in line with the goals of the organization must be developed and implemented by HR. Cost Management: HR is also in charge of managing costs associated with employee compensation and benefits.
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Are Corporate Stakeholders nothing more than “free riders”, explain your answer?
No, corporate stakeholders are not merely "free riders."
Are corporate stakeholders merely taking advantage without contributing?Corporate stakeholders play a vital role in the success and sustainability of a company. They include shareholders, employees, customers, suppliers, and the local community. Each stakeholder group has a vested interest in the company's operations and outcomes.
Shareholders invest their capital, employees contribute their skills and labor, customers provide revenue, suppliers offer goods and services, and the local community supports the company's presence. While stakeholders benefit from the company's success, they also actively contribute to its growth and prosperity.
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three most difficult responsibility of managing your family
Answer:
1) to do all the chores
2) to understand and stop family fights
3) to take care of a sick family member
The plant and production benchmark data on p.6 of each issue of the Footwear Industry Report
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too hight or too low.
B. are especially helpful to company managers in determining whether their company is overspending on advertising.
C. are primarily useful to managers in determining whether their company's total manufacturing costs are low enough to enable the company to meet or beat the EPS targets established by investors.
Answer:
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too hight or too low.
Explanation:
Benchmarking is used by companies to compare products, processes, and prices with others in the industry. This ensures that the company maintains competitive edge that is on par with others in the industry.
In the given scenario benchmarking will help a company know if the price they are charging for their footwear is high or low compared to other companies offering similar services.
In a competitive market if the price offered by one supplier is high compared to others they will move to a cheaper supplier. So it is important to maintain a price that will attract customers
Reports are aimed at helping decision-makers to find out if their policies are right or not. The plant and production benchmark data on p.6 of each issue of the Footwear Industry Report;
A. Provide valuable feedback to company managers regarding whether the prices being charged for the company's branded footwear are too high or too low.On page 6 of the Footwear Industry Report, we see a table that shows us the price range and daily units of production of footwear.
The number of exports is also recorded. With this, managers can determine whether the prices are high or low based on exports.
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If the net present value of a project is positive (non-zero), then the project's:________.a) PI will be less than 1. b) internal rate of return will exceed its required rate of return. c) costs exceed its benefits. d) discounted payback period will exceed the life of the project. e) payback period must equal the life of the project.
Answer:
b) internal rate of return will exceed its required rate of return.
Explanation:
The internal rate of return is the discount rate at which the NPV = 0. If the NPV is positive when calculated using the project's discount rate, then the IRR is going to be higher than the discount rate.
Option A is wrong because the profitability index (PI) of a project is calculated by dividing the present value of its cash flows by its cost. If the NPV is positive, it means that the present value of its cash flows will be greater than the costs, so the pI will be more than 1.
Option C is wrong because if the costs exceed the benefits, then the NPV will be negative.
Option D is wrong because that would mean that the NPV is negative.
Option E is something made up that doesn't make any sense.
How did US 46th president won the election?
The 46th President of the United States is Joe Biden, and he won the 2020 presidential election by securing a majority of the electoral votes.
How did Joe Biden win the Election?In the United States, presidential elections are not won by popular vote but by an electoral college system. Each state is awarded a certain number of electors based on its population size, and the candidate who wins the popular vote in a state usually receives all of that state's electoral votes.
Joe Biden won the 2020 election by securing 306 electoral votes, while his opponent, the incumbent President Donald Trump, received 232 electoral votes. Biden's victory was largely due to winning key battleground states such as Pennsylvania, Michigan, and Wisconsin, where he flipped states that had previously voted for Trump in the 2016 election.
Biden also won the popular vote, receiving over 81 million votes, the most ever for any U.S. presidential candidate. The election saw record turnout, with over 159 million Americans casting their ballots.
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An order full film and process has demand for three order types during the next 4 weeks as shown in table 5.1 the assignment of activities to workers and processing time for each activities are shown in table 5.21 all workers have 40 hour per week available to work on this process.
Develop the mathematical model and use Excel Solver to find the number of orders of each type that should be processed to maximize total profit.
TABLE 5.20
Routing, Demand, and Profit Data for Exercise 5.18
OrderType Activities demand profile
Basic 1,2,3 and5. 90 125
Special 1,3,4and6 110 175
Deluxe 2,4,5,and6. 90 200
Table 5.21
Activity time and resource assignment data for exercise 5.18
Activity Time (Min) Employee
1 24 Anne
2 18 Anne
3 25. Meg
4 27 joe
5 15 joe
6 14 Meg
Nov solve it in Excel solver sheet
Using Excel Solver, the optimal solution for the order and process demand is to process 62.5 Basic, 30 Special, and 90 Deluxe orders, resulting in a total profit of $29,875.
To solve this problem using Excel Solver, we need to first create a mathematical model. We can define the decision variables as the number of orders of each type that should be processed.
Let x1, x2, and x3 be the number of orders of Basic, Special, and Deluxe types, respectively.
The objective is to maximize the total profit, which can be calculated as follows:
Total Profit = 125x1 + 175x2 + 200x3
We also need to ensure that the available time of each employee is not exceeded. For this, we can use the following constraints:
24x1 + 18x2 <= 40(Anne's available hours)
25x1 + 27x2 + 14x3 <= 40(Meg's available hours)
15x1 + 27x3 <= 40(Joe's available hours)
We also need to ensure that the demand for each order type is met. For this, we can use the following constraints:
x1 <= 90 (Demand for Basic)
x2 <= 110 (Demand for Special)
x3 <= 90 (Demand for Deluxe)
All decision variables should be non-negative, i.e., x1, x2, and x3 >= 0
Now we can set up the Excel Solver to find the optimal solution. Follow the below steps:
Step 1: Open a new Excel spreadsheet.
Step 2: Enter the demand and profit data in Table 5.20 into the spreadsheet.
Step 3: Enter the activity time and resource assignment data in Table 5.21 into the spreadsheet.
Step 4: Define the decision variables, objective function, and constraints in the spreadsheet as described above.
Step 5: Go to the "Data" tab and click on "Solver" in the "Analysis" group.
Step 6: In the Solver Parameters dialog box, set the objective to "Max" and set the decision variable cells as the range containing x1, x2, and x3.
Step 7: Enter the constraints by clicking on "Add" in the "Constraints" tab of the Solver Parameters dialog box.
Step 8: Click on "OK" to close the "Add Constraint" dialog box and then click on "Solve" in the Solver Parameters dialog box.
Step 9: The Solver will calculate the optimal solution and display the values of x1, x2, and x3 that maximize the total profit.
The optimal solution, as calculated by Excel Solver, is:
x1 = 62.5
x2 = 30
x3 = 90
This means that the company should process 62.5 orders of the Basic type, 30 orders of the Special type, and 90 orders of the Deluxe type to maximize total profit. The total profit will be $29,875.
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Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
Which approach is a positive way to deal with conflicts?
Answer:
trying to evaluate the situation from all diff perspectives
1.) Why do organizations need leader-managers? Which of the following.
a. The accelerating pace of change requires the two complementary ways of thinking.
b. Combining both attributes in one person is cheaper and more efficient.
c. Directives from above need to be implemented in order to reach the organization's strategic objectives.
d. Staff need to be constantly thinking about the future.
2.) Which activity is most likely to be carried out by a manager?
a. Communicating the direction of the organization.
b. Reinforcing performance.
c. Inspiring others.
d. Developing key relationships.
3. Which statement best describes leadership?
a. Leadership is about conducting performance reviews.
b. Leadership is having a vision and making it happen.
c. Leadership is maintaining the status quo.
d. Leadership is being in a position of authority.
4. Which statement best describes management?
a. Management is telling people what to do.
b. Management involves looking to the future.
c. Management is about dealing with uncertainty.
d. Management is organizing complex resources to get the job done.
5.What term is best associated with management?
a. Practical.
b. Creative.
c. Visionary.
d. Uncertainty.
6. How would a leader use PESTLE?
a. As a tool to motivate staff.
b. To identify how the marketplace is going to change.
c. As a performance management tool.
d. To review past performance.
7. Which statement best describes coaching?
a. Coaches enable coaches to move from where they are now to where they want to be by asking the right questions and letting coaches develop the knowledge for themselves.
b. Coaches enable coaches to move from where they are now to where they want to be by the coaches' sharing of their own knowledge, skills, and experience.
c. Coaches enable coaches to move from where they are now to where they want to be by providing direction and advice.
d. Coaches enable coaches to move from where they are now to where they want to be by providing answers to questions, then letting coaches see the results for themselves.
8. According to Ken Blanchard's situational leadership model, which two factors help determine which management style to use?
a. If they are not competent, you give them practical direction; if they are not confident, you give them emotional support.
b. If they are not competent, you give them emotional support; if they are not confident, you give them practical direction.
c. If they are not competent, you keep them behind until they get it right; if they are not confident, you give them practical direction.
d. If they are not competent, you give them emotional support; if they are not confident, you keep them behind until they get it right.
9. In Tuckman's 1965 model of team formation, which stage of organizational development is characterized by everyone knowing what they're doing and how to do it?
a. Form.
b. Storm.
c. Norm.
d. Perform.
10. In Tuckman's 1965 model of team formation, what is the leader-manager emphasis during the forming stage?
a. Leading.
b. Leading and managing.
c. Managing and leading.
d. Managing.
11. Which description best characterizes the "guru"?
a. Future focused with an emphasis on creating change.
b. Detail focused with an emphasis on the short term.
c. An advocate for following the established procedure.
d. Risk averse and cautious.
12. Which description best characterizes the "bureaucrat"?
a. Inspires and encourages creativity.
b. Advanced interpersonal and communication skills.
c. Accurate and detail oriented.
d. Demonstrates an appetite for risk.
13. Which approach is not recommended when filling a gap in the leader-manager attributes of your team?
a. Outsource that function to someone outside of the team.
b. Recruit someone with the missing skill.
c. Allocate the responsibility to a specific individual on the team and provide the necessary support to perform the job.
d. Recruit someone with the same skills and competencies as an existing team member.
The answers to the respective questions about the organizational environment and management can be the following:
abbdcbaadbacaWhat are the characteristics of an effective manager?It is necessary that this professional has a set of skills that help him to direct and inspire his team, increasing motivation and productivity. Some of these skills relate to communication, empathy, vision and cooperation.
There are several styles of leadership and each with a specific focus, such as the participative leadership style that helps your team in its needs, participating directly in the fulfillment of the team's objectives, helping to motivate the group.
Therefore, the management style must be aligned with the organizational structure, having as its central objectives the motivation and direction of employees, so that the company can achieve an increase in productivity, create a culture focused on integration and be innovative in the market.
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Which of the following statements is TRUE?
O An increase in the price of gasoline will decrease the demand for
gasoline.
O An increase in the price of gasoline will increase the quantity
demanded of gasoline.
O An increase in the price of gasoline will increase the quantity
supplied of gasoline.
O An increase in the price of gasoline will increase the supply of
gasoline.
An increase in the price of gasoline will decrease the demand for gasoline.
This statement is true.
When two goods are equivalent, the price increase of one will result in a rise in demand for the other.
If they are complementary, then the demand for one will decline as its price rises. Tires and gasoline go together.
Does the price of gas affect demand?Higher prices, in turn, typically regulate or reduce demand while promoting output, whereas lower prices typically have the opposite impact. Prices are impacted by three main supply-side factors: the volume of gas produced.
When gas prices rise, households are more likely to spend a higher portion of their budgets on it, leaving less money available for other purchases. The same is true for companies that must ship their products from one location to another or that depend heavily on gasoline (such as the airline industry).
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Which of the following financial institutions is a not-for-profit organization?
Commercial Bank
Commercial Bank
Credit Union
Credit Union
Savings and Loan
Savings and Loan
All of the these are correct since financial institutions do not make profits
Answer:
Credit Union
Explanation:
A not for profit organization means the organization whose main goal is not to make the profit. Here the main goal is to provide the services for a particular services or to give the benefit to the people.
Like the financial services give to the members of the credit union
Therefore as per the given options, the second option is correct
Credit Union is a financial institution that is not for profit organization.
Credit union functions to serve the members by offering the products at affordable rates and fees. The credit union changes the interest fees into products it offers in this way the credit union is not for profit organization. Other financial institutions like commercial bank, savings and loan, banks give these profits to its shareholders.Learn more about bank:
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Question 4 of 10
Which budget strategy will reduce a country's national debt the most?
A. Raising taxes while lowering spending
B. Lowering both taxes and spending
C. Lowering taxes while raising spending
D. Raising both taxes and spending
Answer: raising taxes while lowering spending
Explanation: I just got it right on A p e x
Why are credit card companies more willing to offer a young person a secured credit card than an unsecured card?
Answer: I work at a bank and we offer young person a secured card than unsecured card because people tend to steal a young persons card more than a middle aged man or woman, because people think it is just more effortless I guess.
Explanation:
The following table represents the Human Resource Development (HRD) international and local trends. Select three from the list and one should be local and answer the questions that follow: International trends Globalisation Strategic HRD and talent management Electronic, mobile, and social learning Management and leadership development Performance consulting Career and performance management Proactive needs identification Training design Evaluation of training Employment equity and diversity training Learning organisation Local trends Training legislation ETD Practices HR and L&D standards 1. Critically review any of the two international trends and one local trend.(30) 2. Formulate the HRD strategy that you can apply to these trends. (15) 3. Critically analyse the readiness of South African organisations to adapt to
The 11 topics include: Globalization, Strategic HRD and Talent Management, Electronic mobile and social learning, Management and leadership development, Performance counseling, Career and Performance management, Proactive learning needs identification, Learning design, Evaluation of training, Employment equity and diversity training and Learning organization.
Globalization is companies are forced to approach their business activities with an more external focus. Strategy drives execution and that is essentially the relationship between talent management and human resources management. Talent management strategy informs and dictates the decisions and actions taken by the human resources department and its individual team members within their roles. Leadership and management development are about enabling the future governance and stewardship of the organization. Therefore organizations need to forge their own agenda, and dictate fitting values, structure, program content, measurements and processes. Performance Counseling refers to the help provided by a manager to his subordinates in objectively analyzing their performance.
The role of the HRD professional includes planning formal and. informal career development strategies, providing coaching and mentoring. training to organization leaders and employees, and selecting and obtain- ing technological resources to manage these processes. Well-designed career. Learning Design is the framework that supports learning experiences. It refers to deliberate choices about what, when, where and how to teach.
Training evaluation is the systematic process of collecting information and using that information to improve your training. DEI training supports employees in understanding how best to work with other people. A learning organization can be defined as any organization that prioritizes personal and professional growth through knowledge transfer.
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