Policies are essential for effective strategy implementation, discuss five important issues that may require a management policy within an organization. Give a reason to support your answer for each issue.
Answers
Policies are critical for effective strategy implementation. The following are five important topics that may necessitate a management policy in an organization, as well as the reasons why they are essential:
1. Information Technology (IT) Management - An IT management policy is required to regulate the use of technology in the workplace. It establishes standards for data security, the handling of sensitive information, and the use of information technology resources. This policy ensures that data is processed efficiently, securely, and reliably.
2. Health and Safety - A health and safety policy ensures that the organization adheres to safety regulations and reduces the likelihood of accidents in the workplace. The policy outlines safety procedures, training, and risk assessments. This policy protects employees, customers, and other stakeholders, thereby reducing the likelihood of legal action.
3. Human Resource Management - A human resource management policy defines how the organization manages its employees. It outlines recruitment, promotion, and termination procedures, as well as policies on employee benefits and entitlements. This policy ensures that the organization follows legal requirements while providing employees with fair treatment.
4. Financial Management - A financial management policy establishes the organization's financial objectives and guidelines for achieving them. This policy covers issues like budgeting, accounting, and financial reporting. It ensures that the organization's finances are managed in a responsible and transparent manner.
5. Ethical Standards - An ethical standards policy establishes the organization's values and principles of conduct. It outlines the organization's stance on issues such as corruption, fraud, and conflicts of interest.
This policy ensures that the organization operates with integrity and in compliance with ethical standards.
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Related Questions
What factors maintain differences between countries/religion
Answers
Answer: Different beliefs of "God"
What best describes the relationship between short and long-term goals?
Answers
PLEASE HELP IM BEGGING:)))
Complete the following questions related to the market supply for apples:
1) In which of the following markets would the supply of apples be more inelastic?
(T 1 mark)
a) apples in the present growing season.
b) apples in the next 10 years.
2) Justify your answer for question 1 by using at least two of the factors that affect
the elasticity of supply. (T 1 mark C 2 mark)
Answers
Answer:
SORRY I DIDN'T KNOW THE ANSWER OF YOUR QUESTIONWhich of the following influences the pay system that an organization uses? (Select all that apply.)
Legislation
Building structure
Competitive activities
Union contracts
Answers
The following influences the pay system that an organization uses: Legislation, Competitive activities, and Union contracts.
Legislation: The government establishes laws and regulations that determine minimum wages, overtime pay, employee benefits, and other compensation-related requirements. Organizations must comply with these legal requirements when designing their pay system.
Competitive activities: Organizations must consider the pay rates offered by their competitors for similar positions, geographical locations, and industries when designing their pay system. If an organization offers a lower salary than its competitors, it might struggle to attract and retain top talent.
Union contracts: Organizations that have collective bargaining agreements with unions must negotiate, design, and implement a payment system that aligns with the terms and conditions of the contract. Unions typically advocate for better wages and benefits for their members.
Building structure: Building structure does not typically influence the pay system that an organization uses.
Conclusion: The pay system that an organization uses is influenced by legislation, competitive activities, and union contracts, and it is important for organizations to design a pay system that aligns with these external factors to attract and retain top talent.
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Attitude is your belief in your own effectiveness.
Т
F
Answers
Answer:
f
Explanation:
this mf emmanuel made me get it wrong. its false bro trust
Is an accrual a assets or liabilities
Answers
Review your abilities to speak to your co-workers about theft.
Is theft only stealing money? Can it be taking other things? How
will you handle the issue of theft as a medical office
assistant?
Answers
Theft is not limited to stealing money; it can involve taking other things as well. As a medical office assistant, to handle the issue of theft, it is important to be vigilant and proactive.
This can include promoting a culture of honesty and integrity within the workplace, implementing security measures such as surveillance cameras and access controls, reporting any suspicious activity to the appropriate authorities, and cooperating with investigations. It is also crucial to maintain confidentiality and follow proper protocols when handling sensitive information. By addressing theft promptly and responsibly, a medical office assistant can contribute to a safe and trustworthy work environment.
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Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip
Answers
The sequencing of the following events with respect to computer history is as follows:
In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.In this way, the above events should be ordered.
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Answer:
Answer in image
Explanation:
You have savings of $100. You plan to save another $100 at the beginning of each year for 5 years. The account pays annual interest of 8 percent, compounded quarterly. The ending balance (principal plus interest) will be $ at the end of 5 years.
Answers
Answer:
6.000 or 5.997.6
Explanation:
if you are in need of the total amount without interest is: 6,000, now counting 8% interest annually, in 5 years it will be 40% interest, then 40% of 6,000 will be 5,997.6
Answer:
786.70
Explanation:
Believe.
if you were to argue in favor of restricting trade, which are some of the industries or sectors you would restrict, and what arguments would you make to support your case?
Answers
Restricting trade can be seen as a way to protect domestic jobs in industries that may be threatened by foreign competition.
National Security: Some argue that certain industries vital to national security, such as defense or critical infrastructure, should be protected through trade restrictions. The argument is that reliance on foreign suppliers may pose risks to national defense capabilities or expose critical infrastructure to potential threats.Infant Industries: Advocates of trade restrictions may argue that developing domestic industries need protection in their early stages. This approach aims to shield emerging industries from competition with more established foreign competitors until they can become globally competitive themselves.Protecting Domestic Jobs: Restricting trade can be seen as a way to protect domestic jobs in industries that may be threatened by foreign competition. Advocates argue that imposing trade barriers, such as tariffs or quotas, can prevent job losses and maintain employment opportunities for domestic workers.Environmental and Labor Standards:E Some argue that trade restrictions can be used to ensure that imported goods meet certain environmental or labor standards. The argument is that unrestricted trade may result in a race to the bottom, where countries with weaker regulations and standards gain a competitive advantage, leading to environmental degradation and poor working conditions.Strategic Industries: In some cases, countries may seek to protect industries considered strategically important for economic or technological reasons. The argument is that by restricting trade in these sectors, countries can foster domestic innovation, maintain competitiveness, and retain control over critical technologies or resources.
It's important to note that while these arguments exist, there is also a substantial body of evidence and economic theory supporting the benefits of free trade and the drawbacks of protectionism. The overall impact of trade restrictions on economies and global welfare is a complex and debated topic. Different stakeholders and experts may have differing views on the necessity and effectiveness of trade restrictions in specific industries or sectors.
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According to a study (callahan and mauboussin), when does compensation conflict tend to occur?
Answers
According to a study (Callahan and Mauboussin), compensation conflict tend to occur when the management has most of their wealth in this one company, so they may take too little risk.
Any compensation places the interests of the adviser in conflict with those of the client. When money moves from the client to the adviser, the adviser immediately benefits financially at the client's expense. This conflict tend to occur when the management has most of their wealth in this one company.
Typically, compensation refers to monetary payment given to an individual in exchange for their services. This includes salary in addition to commission and any incentives or perks that come with the given employee's position.
Hence, in the workplace, compensation is what is earned by employees.
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In the context of using power ethically, managers should _____ for the ethical use of referent power.
Answers
In the context of using power ethically, managers should be cordial and polite for the ethical use of referent power. This is further explained below.
Who are managers?Generally, managers are simply defined as the head of a company or group of employees.
In conclusion, Managers need to be kind and courteous. They must continually use authority and compel obedience.
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media consumption behavior and response to promotions, price sensitivity, and retail outlets patronized are factors that should be considered in the component of the environmental context of the problem.
Answers
Media consumption behavior and response to promotions, price sensitivity, and retail outlets patronized are factors that should be considered in the objectives component of the environmental context of the problem: False.
What is a marketing mix?A marketing mix simply refers to the choices about product attributes, promotion or communication strategy, place or distribution strategy, and pricing strategy that a business firm offer to its targeted markets.
The four (4) Ps of marketing mix.This ultimately implies that, a marketing mix is made up of the four (4) Ps and these include the following;
ProductsPricePlacePromotionsIn this context, we can reasonably infer and logically deduce that the component of the external factors of a marketing problem include the following:
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Complete Question:
Media consumption behavior and response to promotions, price sensitivity, and retail outlets patronized are factors that should be considered in the objectives component of the environmental context of the problem. True or False?
MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.
a) true
b) false
Answers
Answer:
True
Explanation:
It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally
Identify the correct statement about the PPP theory.
A) It predicts that exchange rates are determined by relative prices.
B) It yields accurate predictions of short-run movements in exchange rates.
C) It best predicts exchange rate changes for countries with low rates of inflation.
D) It includes transportation costs and trade tariffs.
Answers
The correct statement about the Purchasing Power Parity (PPP) theory is option A) It predicts that exchange rates are determined by relative prices.
There are several types of prices commonly used in business and economics.
1. Market Price: The price determined by the interaction of supply and demand in a competitive market.
2. Cost-based Price: The price set based on the production or manufacturing costs, including materials, labor, and overhead expenses, with a desired profit margin added.
3. Dynamic Pricing: The price that changes based on factors like demand, time, or customer segment.
4. Penetration Price: Setting a low initial price to enter a market and gain market share.
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chapter: annuities question 5 of 12 in a fixed annuity, which of the following is true regarding the guaranteed interest rate on the investment? athe annuitant will receive the higher of either the guaranteed minimum rate or current rate. bthe annuitant will always receive the current interest rate. cthe annuitant will receive the lower of either the guaranteed minimum rate or current rate. dthe annuitant will only receive the guaranteed minimum specified in the contract.
Answers
C. The annuitant will receive the lower of either the guaranteed minimum rate or current rate.
In a fixed annuity, the guaranteed interest rate refers to the minimum rate of return that the annuitant will receive on their investment. This rate is specified in the contract and remains constant over the term of the annuity. However, if the current interest rate is higher than the guaranteed minimum rate, the annuitant will still receive the lower guaranteed minimum rate rather than the current rate.
For example, let's say the guaranteed minimum rate is 3% and the current interest rate is 4%. If the annuitant has a fixed annuity, they will receive the lower of the two rates, which is the guaranteed minimum rate of 3%.
In a fixed annuity, the annuitant will receive the lower of either the guaranteed minimum rate or the current rate. This ensures a minimum level of return for the annuitant even if the current interest rates are higher.
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According to republican thought:___.
a. The business of government was to help, not regulate, business.
b. Upper classes were best qualified to lead governments.
c. Republics failed because citizens lost their virtue.
d. Government involvement in business led to bloated budgets and social engineering.
Answers
Hope it helps
(PLEASE HELP ME WITH FINDING THE EXCEL FORMULAS ROUNDING TO THE DECIMAL PLACES) EX inventory turnover ratio is =ROUND(F8/((B10+C10)/2),2) THANK YOU!!
Zimmer, Inc. has provided its recent financial statements. The Controller has asked you to use this information to compute and interpret financial ratios that managers are going to use to assess liquidity and use for asset and debt management purposes. Use the information included in the Excel Simulation and the Excel functions described below to complete the task.
EXCEL functions:
Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "=B7" was entered, the formula would output the result from cell B7, or 360,000 in this example.
Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract), * (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell "=C13+C14" was entered, the formula would add the values from those cells and output the result, or 1,900,000 in this example. If using the other math symbols the result would output an appropriate answer for its function.
ROUND function: Allows you to round a number or result of a formula calculation to a specific number of digits. The syntax of the ROUND function is "=ROUND(number,num_digits)" and returns the result of your formula rounded to a particular number of digits. The number argument can be a cell reference to a number or a formula itself that results in a number. The num_digits argument is the number of digits you want to round. The num_digits value rounds based on basis mathematical rounding rules, where anything below 5 will round down and anything 5 and above rounds up. Also, the num_digits value should be a positive value to round to any number of decimal places, while a negative value would round to the left of the decimal place, and a zero would round to the nearest whole number. If the value 1,253.5693 was entered in cell A1, it can be used in the ROUND function as the number reference. In this example, if the value in cell A1 should be rounded to 2 decimal places, in a new cell the function would be written as "=ROUND(A1,2)" and would result in as 1,253.57 in this example. If the number in cell A1 should be rounded to the nearest hundred place, in a new cell the function would be written as "=ROUND(A1,-2)" and would result in 1,300 in this example.
Hints:
Each yellow cell must contain a formula that can calculate the required ratio (you can NOT input the ratio itself). Make sure you start each formula with the "=" sign. For example, gross margin percentage is calculated by dividing the gross margin by total sales, so input the formula "=F9/F7". You could also input the equals sign to start your formula and then click on the F9 cell then input the divide sign and then click on the F7 cell.
Make sure you follow the rounding instructions. For example, the debt to equity ratio is to be rounded to two decimals using the formula "=ROUND(B24/B28,2)". If you are rounding to the nearest whole number, you are rounding to zero decimals. For example, the average collection period is rounded to the nearest whole day, so input "=ROUND(365/C36,0)".
Check your formulas and make sure that you are grouping numbers and/or variables together with parentheses as needed; remember the order of operations concept from algebra. Some of the cell formulas will include several sets of parentheses so make sure that you open and close each set. There should be the same number of "(" and ")". For example, the formula for the inventory turnover ratio is =ROUND(F8/((B10+C10)/2),2). You're welcome :) for that one. Also, notice how the average inventory balance is calculated in the formula for the inventory turnover ratio. You add the current and prior year balances together and divide by two as follows: ((current year cell + prior year cell) /2).
Answers
To round a number to a specific number of decimal places in Excel, you can use the ROUND function.
The syntax of the ROUND function is "=ROUND(number,num_digits)" where the number argument is the number you want to round and the num_digits argument is the number of decimal places to which you want to round.
For example, to round the inventory turnover ratio to two decimal places using the formula "=ROUND(F8/((B10+C10)/2),2)", you would input this formula into the cell where you want the result to appear. The function will round the result of the formula calculation to two decimal places.
Make sure to follow the rounding instructions provided for each ratio in the task. If rounding to the nearest whole number, use a num_digits argument of 0. If rounding to the nearest hundred, use a num_digits argument of -2.
To find the inventory turnover ratio using Excel formulas and rounding to the decimal places, you can use the ROUND function. The inventory turnover ratio is calculated by dividing the cost of goods sold (COGS) by the average inventory. In the given example, the formula is =ROUND(F8/((B10+C10)/2),2).
Here's a step-by-step explanation of the formula:
1. Identify the cell references for COGS (F8), current year inventory balance (B10), and prior year inventory balance (C10).
2. Calculate the average inventory balance by adding current year balance and prior year balance, then divide the sum by 2: ((B10+C10)/2).
3. Divide COGS (F8) by the average inventory balance: F8/((B10+C10)/2).
4. Use the ROUND function to round the result to 2 decimal places: =ROUND(F8/((B10+C10)/2),2).
By following these steps, you can calculate the inventory turnover ratio and round the result to the desired decimal places using Excel formulas.
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highlight characteristics of itinerant traders
Answers
a zero-coupon bond has a par value of $1,000 and matures in 20 years. investors require a 10 nnual return on these bonds. for what price should the bond sell?
Answers
The bond should sell for approximately $148.64.
To calculate the price of the zero-coupon bond, we need to use the present value formula. Since the bond does not pay any interest, we can use the formula:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value or par value ($1,000 in this case), r is the annual rate of return (10%), and n is the number of years until maturity (20 years).
Plugging in the values, we get:
PV = $1,000 / (1 + 0.1)^20
PV = $148.64
Therefore, the zero-coupon bond should sell for approximately $148.64.
A zero-coupon bond with a par value of $1,000, maturing in 20 years, and requiring a 10% annual return can be priced using the present value formula.
Present Value (PV) = Par Value / (1 + Annual Return)^Years to Maturity
PV = $1,000 / (1 + 0.10)^20
PV ≈ $148.64
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Honesty is an example of a value.
True
False
Answers
Answer:
True
Explanation:
Honesty is a value
:)
Answer: true, personally not sure if this is for edge or not
Explanation:
yeah
an instance that would give rise to burden-on-commerce problems would be if ___________.
Answers
An instance that would give rise to burden-on-commerce problems would be if there are excessive or overly restrictive regulations, policies, or practices that hinder or impede the smooth flow of commerce and trade.
These burdens can include excessive bureaucracy, complex administrative procedures, high regulatory compliance costs, trade barriers, protectionist measures, or discriminatory practices. Such obstacles can create barriers to entry, limit market access, increase transaction costs, and hinder the efficient operation of businesses, thereby negatively impacting commerce and economic growth.
Burden-on-commerce problems can have detrimental effects on economic growth, investment, innovation, and job creation. Governments and policymakers often strive to strike a balance between necessary regulations and ensuring a conducive environment for businesses to thrive and contribute to overall economic development.
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in the mid nineteenth century the concept of
newspapers changed from __ to __
Answers
In the mid-nineteenth century, the concept of newspapers changed from political to social.
The mid-nineteenth century was a time when the concept of newspapers changed from political to social. In the 1830s, newspapers began to expand their readership by appealing to the general public. Previously, newspapers had primarily catered to the political interests of the elite, but they now included stories about social events and human-interest stories.
What is a Newspaper?
A newspaper is a regular publication that provides information to the general public, usually printed on newsprint and distributed weekly or daily. Newspaper can be defined as a printed publication that includes news, articles, photographs, and other information.
Newspapers are distributed to a wide range of readers, with the goal of informing the public about current events and news in an unbiased and comprehensive manner.
Hence, In the mid-nineteenth century, the concept of newspapers changed from political to social.
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How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answers
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
japan life insurance company invested $10,000,000 in pure-discount u.s. bonds in may 1995 when the exchange rate was 80 yen per dollar. the company liquidated the investment one year later for $10,770,000. the exchange rate turned out to be 110 yen per dollar at the time of liquidation. what rate of return did japan life realize on this investment in yen terms? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Answers
The rate of return that Japan life realize on this investment is 48.087%.
What does the term "rate of returns" mean?
The percentage change in an investment's value is represented by the annual rate of return. For instance, if you estimate a 10% annual rate of return, you're anticipating that your investment's value would rise by 10% annually The result is multiplied by 100 to be reported as a percentage. The IRR evaluates the long-term performance of a project, capital expenditure, or investment.
Given:
To find rate of return in Yen,
Convert the initial and the ending value to Yen.
The initial cost is:
$10,000,000 × 80 = 800,000,000
The ending value in Yen is
10,770,000 × 110 = 1,184,700,000
Thus the rate of return in Yen,
rate of return =( 1,184,700,000 - 800,000,000) / 800,000,000
rate of return = 384700000/ 800,000,000 = 48.087%
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If you see a mistake on your credit report, who should you contact? how should you contact them?.
Answers
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
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analyse the impact of an enterprise using break even analysis to make business decisions
Answers
Answer:
Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.
Why is it important to invest for your retirement? please explain :p
Answers
(TRUE or FALSE?) Firms raise debt capital from lenders or
bondholders.
Answers
The given statement "Firms raise debt capital from lenders or bondholders" is TRUE because Firms have the option to raise capital through debt financing, involves borrowing funds from external sources.
These external sources can include lenders such as banks or financial institutions, as well as bondholders who invest in the firm's debt securities. Debt capital is obtained by entering into loan agreements or issuing bonds.
Lenders provide loans to firms, which are typically repaid with interest over a specified period. Bondholders, on the other hand, purchase bonds issued by the firm, which represent debt obligations. The firm pays periodic interest to bondholders and returns the principal amount upon maturity.
Both lenders and bondholders provide debt capital to firms with the expectation of receiving repayment according to the agreed terms and conditions. By accessing debt capital, firms can finance their operations, investments, or expansion plans while assuming the obligation to make regular interest payments and repay the principal amount borrowed.
In summary, firms raise debt capital by borrowing funds from lenders or issuing debt securities to bondholders. This enables firms to access additional funds for various purposes while incurring debt obligations to be fulfilled in accordance with the terms of the borrowing agreement or bond issuance.
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discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to both inflation and deflation
Answers
Answer: By affecting the money in circulation
Explanation:
The central bank uses the open market operations as a sutible measure of credit control by affecting the quantity of money in circulation. It's the central bank that prints money that's being used, to avoid economical unbalance, the central bank has to regulate how the money is circulated in the country. They do this by either selling or buying government securities through open market operations. During this process the purchase government securities from commercial banks and institutions making bank assets free and more cash for loans.