Which Challenges need to be done for Employees to Use MCkinsey frame work?
what is Influence of K MCKinsey framwork in Socio and Technical using the Socio-Technical System Theory?
. Changes required in the Business Processes to take advantage of the MCKinsey framwork
Answers
To encourage employees to use the McKinsey framework, several challenges need to be addressed: Awareness and Understanding; Integration into Existing Processes; Leadership Support and Role Modeling; Clear Guidelines and Expectations; Training and Skill Development.
Regarding the influence of the McKinsey framework on socio and technical aspects using the Socio-Technical System Theory, the framework can help align the social and technical elements of an organization. The Socio-Technical System Theory recognizes the interdependence of people, technology, and the environment in achieving effective organizational performance.
Changes required in business processes to take advantage of the McKinsey framework may include Process Alignment; Data and Information Management; Collaboration and Communication; Performance Measurement; and Continuous Improvement.
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Related Questions
An overcurrent condition may result
from?
A) an overload
B) a short-circuit
C) a ground-fault
D) all of these
Answers
Answer:
A.an overload circuit
Explanation:
i hope that help
Comentario sobre el Artículo 655 del Comercio en Guatemala
Answers
Answer:
what is ur question Imao
Explanation:
Studnets in the new MBA class at a state university has the following specialization profile:
Finance 67
Marketing 45
Operations and Supply Chain Management 51
Information Systems 18
a. Find the probability that a student is either a finace or marketing major.
b. Are the events finance specialization and marekting specialization mutually exclusive? If so, what assumption must be made?
Answers
Answer and Explanation:
a. The computation of the probability for a student either a finance or marketing major is shown below:
= Number of expected outcomes ÷ total number of outcomes
= (67 + 45) ÷ (67 + 45+ 51 + 18)
= 112 ÷ 181
= 0.6188
b. Now for mutually exclusive, we make the assumption that the none of the students has taken for multiple specializations also nothing is mentioned in the question
What is fiscal policy and what are the three goals of fiscal policy?
Answers
Answer:
Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion, and the total demand for goods and services.
The three goals of fiscal policy are :
to achieve or maintain full employment a high rate of economic growth, and price and wage stabilization.Explanation:
Fiscal policy may be of two kinds : Expansionary fiscal policy: Here, the tax rates are lowered or spending is increased to boost the overall demand and promote economic growth. The rationale behind this strategy is that when people pay less in taxes, they have more money to invest or spend, which increases demand. Because of this demand, businesses increase hiring, which lowers the unemployment rate and intensifies the labor market. As a result, salaries will rise and consumers will have more money to spend and invest. It's a positive feedback loop or cycle.Contractionary fiscal policy: Here, the rates are raised or spending is reduced to stop or lower inflation. To do this, the government raises taxes, cuts spending, and eliminates employment or lowers wages in the public sector.To know more about fiscal policy, visit :
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Answer: "Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, especially macroeconomic conditions. These include aggregate demand for goods and services, employment, inflation, and economic growth."
Explanation:
The three goals of fiscal policy are:
Inflation rate: it refers to the rise in cost of goods and service and decrease in purchasing power. For example, if the rate of inflation is 5%, than your $5.00 morning cup of coffee will cost you $5.25 in a year. In most countries, central banks try to maintain an inflation rate of not more than 3%.Full employment: means low unemployment rate.GDP: Gross Domestic Product (GDP) needs to be at increasing rate.https://brainly.com/question/13982103?referrer=searchResults
The influence of inclusion can come from the top level down or the bottom level up.
a. True
b. False
Answers
The given statement is true. It is indeed true that inclusion can have an effect at either the bottom level or the top level.
- Top down and bottom up approach :
- The top-down approach relies on higher-ups setting more important goals that will trickle down to lower-level employees' responsibilities.
- In contrast, the bottom-up approach to communication includes a decision-making procedure that offers every employee a say in the company's objectives.
- Processes produced by the top-down method are simple and well-organized, with minimal possibility for misunderstanding. Mistakes and misconceptions are less often than with other management styles since all decisions are made in one location and all communication is one-way.
- On the other side, collaborative strategies like the bottom-up strategy offer chances for feedback, creative thinking, and constructive criticism that frequently result in improved strategies and results.
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How is Ramadan celebrated?
Answers
Answer:
As a Muslim, you can celebrate Ramadan with family or/and with friends and other families. In Ramadan if you are young you get a certain amount of money form your elders and the most important thing is eat! After one month of not eating you should have fun and eat really good foods. I hope this helped!! :)
Answer:
During Ramadan Muslims abstain from food and drink during daylight hours. This fast, called sawm, is one of the five pillars of Islam. To get through a long day without food, Muslims will often wake up early to eat a meal called suhur before daybreak.
Explanation:
which of the following are risks that Banks must prepare for select 3 answers
Answers
Answer:
I think the 3rd one it would be (Too many people taking money out at once)
Explanation:
is like if 4 people are asking you something at the same time it will be frustrating for the employees.
Hope it helps! :)
The bank risks that the banks must prepare for are:
Borrowers who don't pay the bank back.Too many people taking money out of the bank at once.Interest rates falling.What are bank risk?The bank risk can be defined as the risk suffered by the banks while carrying on its banking operations. The bank risk may arise due to customers, or other market factors.
To avoid the severe effects of the risks, banks must prepare for the risks in advance. The risk of lack of money or bad debts are some of the bank risks.
If many of the customers withdraw their money at once, this will affect the liquidity of the bank. When many lenders do not pay their debts, this too makes money shortage in the bank. Also fall in interest rate is a loss to the bank. These risks should be taken into prior consideration and they should be prepared before hand.
Therefore the correct options are:
Borrowers who don't pay the bank back.Too many people taking money out of the bank at once.Interest rates falling.Learn more about bank risk here:
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help help help help
Answers
Based on the different types of compensation and their determination, the following are true:
Wages - Paid by the Hour - Sarah's direct deposit. Commission - A percentage of sales - Lucinda's percentage. Salary - Calculated weekly or monthly - Frank's overtime pay. Bonuses - For performance - Janet's Low Sales. Profit sharing - Based on Co. earnings - Robert's year end reward.Types of compensationWages are calculated by the hour and then paid to the relevant employee sometimes in cash or by direct debit. Commissions are a percentage of sales.
Salaries are calculate monthly or weekly and include overtime. Bonuses are based on performance so people who don't perform well don't get much. Profit sharing depends on how much a company makes in a year and are distributed at the end of the year.
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Credit sales 172,000 collections on accounts receivable during the year 170,000 cash sales 818,000 unadjusted debit balance in allowance for doubtful accounts 40 sales returns and allowances for credit sales 2,000 accounts receivable, beginning 14,000.If expected bad debts are estimated to be 1 1/2% of ending accounts receivable, the adjusting entry to recognize bad debts will include a debit to bad debt expense for a) $170 b)$190 c) $250 d) $210
Answers
Answer:
$250 ( C )
Explanation:
using the given data below is the entry
The adjusting entry to recognize bad debts will include a debit to bad debt expense for
particulars amountBeginning accounts receivable 14000
+ Credit sales made during the year 172000
(-) collections from debtors (170000)
(-) expected salary return & allowances for credit sales (2000)
Ending accounts receivable 14000
Percentage of bad debt 1.5%
Total bad debts balance required ( 14000*1.5%) 210
+ Already debit balance in allowance for doubtful account 40
Total debit to be made in bad debts 250
Total debts = total bad debts balance required + already debit balance in all
= 210 + 40 = $250
Why would you write a complaint to a company?
Answers
Answer:
To discuss with a company about a problem you may be having with their service or product.
Explanation:
suppose that the value of the euro fell from $1.32 on april 30, 2012, to $1.24 on july 5, 2012. this implies that:
Answers
Explanation:
the rate of currency decreased from may to july
Which of the following expenses are typically paid by credit?
a) Bills
b) Rent
c) Cars
d) Groceries
Answers
Options A. Bills, B. rent, and D. groceries are all typically paid for with a credit card.
Credit cards are a popular method of payment. Credit cards allow you to make purchases without having to pay for them right away. You can use your credit card to purchase everything from groceries to clothing to plane tickets. However, certain expenditures are more likely to be made with a credit card than others. So, let's find out which expenses are typically paid by credit.
Bills: One of the most typical expenditures that people pay for using a credit card is bills. Utility bills, such as water and electricity bills, mobile phone bills, and other types of bills, can all be paid using a credit card. Many credit card issuers have online bill pay capabilities, which means that you can schedule automatic payments and ensure that your bills are paid on time.
Rent: If you rent a home or apartment, you can use your credit card to pay your rent. Some property management firms and landlords may allow you to pay rent with a credit card. However, they may impose a fee for using a credit card to pay your rent. Make sure you check with your landlord first before using your credit card to pay your rent.
Cars: Another expenditure that people may use a credit card to pay for is the purchase or rental of a vehicle. Renting a car or making monthly car payments can be done with a credit card. However, it is essential to remember that some auto lenders and rental car agencies may have a limit on the amount you can charge to a credit card.
Groceries: Groceries are another expenditure that people frequently pay for using a credit card. Many supermarkets accept credit cards for purchases, making it a convenient method to pay for your groceries. However, using a credit card to purchase groceries can result in a high balance on your credit card if you do not pay it off promptly.
Bills, rent, and groceries are all typically paid for with a credit card. Purchasing or renting a car is also an option, but it may have limitations or fees attached to it. Regardless of what you use your credit card for, it is essential to remember to pay your balance in full and on time to avoid high-interest rates or other fees. Therefore, the correct options are A. B. and D.
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Answer: its cars
Explanation:
Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account
Answers
Answer: stock are speculative
Explanation:
The option given that can incur speculative risk is option a. stocks.
What is speculative risk?The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.
Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.
Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.
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catalogs, brochures, direct faxing, email, and daily coupon sites like groupon are all examples of
Answers
Catalogs, brochures, direct faxing, email, and daily coupon sites like Groupon are all examples of marketing and advertising channels or mediums used by businesses to promote their products or services.
Businesses employ various marketing and advertising channels to reach their target audience and generate sales or leads. Catalogs and brochures are traditional printed materials that provide detailed information about a company's offerings. Direct faxing involves sending promotional materials directly to fax machines. Email marketing entails sending targeted promotional messages and offers to individuals via email. Daily coupon sites like Groupon offer discounted deals on products or services for a limited time. These channels serve as effective means for businesses to communicate with potential customers, increase brand awareness, and encourage sales. Each channel has its unique characteristics and advantages, allowing businesses to reach different segments of their target market and tailor their marketing efforts accordingly.
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Goods sold to Seema for Rs. 4,000 and received Rs. 1,000 as partial payment.
Answers
(A) If variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will, when prorated, increase the value of the Finished Goods Inventory. (B) Insignificant variances are not generally prorated at the end of the accounting period and are closed to the Cost of Goods Sold. Group of answer choices
Answers
Answer:
Both A and B are correct.
Explanation:
Variance analysis help the business to identify the deviation from their budgeted expenditures. The budget cost or volume is analyzed against the actual expenditure or production volume. Variance can be favorable or unfavorable. An unfavorable material price variance will increase the cost of finished goods.
The statements that are true include C. Both of these are true.
From the complete question, it should be noted that if variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will increase the value of the finished goods inventory when prorated.
The price variance is the difference between the expected cost of an item and the actual cost of the item when it was purchased. Also, insignificant variances are not generally prorated at the end of the accounting period and are closed to the cost of goods sold.
Therefore, both options are true.
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Which statements best explains how globalization offers an advantage to businesses
Answers
Answer:
Hello here's the answer!
Explanation:
A
C
D
E
your welcome! Brainliest if you liked the answer!
If a country's birth rate is 15 per 1,000 population per year and the death rate is 10 per 1,000 population per year, what is
the annual population growth rate?
5 per 1,000
10 per 1000
15 per 1,000
25 per 1,000
Answers
Match the personal accounts to their categories.
checking accounts
time deposit account
certificate of deposit
account
money market account
transaction accounts
Deposit Account
Savings Account
Answers
A personal bank account is one that is opened in order to receive, save, and expend funds for personal purposes. There are different types of Personal Bank Accounts. They are:
Checking Account
A checking account is a very liquid account kept for the purpose of keeping and withdrawing cash deposits at a financial institution such as a bank.
Transaction AccountsA transactional account is also called a checking account in some cases. As the name implies, it is used for transactions starting from when one recieves their salary, then for payment of bills after which the balance is moved to a saving account.
Time Deposit AccountThis is an account that bears interest where money is fixed for some time in exchange for an above-average interest on such money. An example is a certificate of deposit.
Money Market AccountIt is an account that yields interest but one that is typical to credit unions. It is a hybrid account because it has features of the checking account and the savings account. One of such features is that it offers a higher interest rate than traditional savings or checking accounts.
Deposit AccountThis is the same thing as a regular Savings Account. Traditionally, it comes with a guaranteed interest rate valid on specified dates.
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Answer:
Explanation:
Deposit account Savings account
Checkings account Time deposit accounts
Transaction account Certificate of deposit
Money Market account
During a certain six-year period, the consumer price index (CPI) increased by 35%, but during the next six-year period, it increased by only 10%. Which of these conditions must have existed during the second six-year period?
A. Inflation
B. Depression
C. Deflation
D. Recession
I'll pu the person who answers this brainliest
Answers
Answer:
A. Inflation
Explanation:
CPI is an abbreviation for the consumer price index. The CPI is a measure of the average changes in the prices of consumer goods and services in the economy. The CPI index measures changes in prices of products that represent the general consumption in the economy. Economists use the CPI index to ascertain the rate of inflation.
Inflation is described as the increase in prices of goods and services in the economy in a period. If prices in the economy are increasing at a high rate, the CPI index will be high. A high CPI index indicates the inflation rate is high.
Minority, women, and disabled veteran-owned firms are accurately described by which of these?
(A) They often operate at an economic advantage.
(B) They have a medium rate of business failure.
(C) They face limited competition from more established firms.
(D) They often partner with larger firms in a diversity supplier role.
Answers
Answer:
(D) They often partner with larger firms in a diversity supplier role.
The accompanying diagram depicts the revenues and costs of a firm producing vodka.
a. Total revenue is represented as a straight line. What feature of perfect competition does linearity of the total revenue curve reflect?
Firms produce differentiated products.
There are no barriers to entry.
There are many firms in the industry.
Firms cannot affect price.
b. If the firm produces 120 units of output, it will earn a positive profit.
false
true
c. Suppose the firm is producing 70 units of output and decides to cut output to 60. As a result, its profit will
. If instead of cutting output to 60, the firm increases output to 80, its profit will
.
d. The slope of the TR curve indicates that marginal revenue is
over the output levels illustrated. The slope of the TC curve indicates that marginal cost is
over the output levels illustrated.
Answers
Explanation:
a. The linearity of the total revenue curve reflects the feature of perfect competition that firms cannot affect price. In perfect competition, firms are price-takers and have no control over the price of their product. Therefore, the total revenue curve is linear, indicating that the firm earns the same amount of revenue per unit of output sold.
b. False. The profit of the firm at 120 units of output is zero, as the total revenue and total cost curves intersect at that level of output. Therefore, producing 120 units of output results in normal profit.
c. If the firm cuts output from 70 to 60 units, its profit will decrease. This is because the firm will be producing at a level where marginal cost exceeds marginal revenue, resulting in a decrease in profit. On the other hand, if the firm increases output from 70 to 80 units, its profit will also decrease. This is because the firm will be producing beyond the point where marginal cost equals marginal revenue, resulting in a decrease in profit.
d. The slope of the TR (total revenue) curve indicates that marginal revenue is constant over the output levels illustrated. This is because the total revenue curve is linear, indicating that the firm earns the same amount of revenue per unit of output sold. The slope of the TC (total cost) curve indicates that marginal cost is increasing over the output levels illustrated. This is because the total cost curve is upward sloping, indicating that the firm incurs additional costs as it produces more output.
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A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answers
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
According to _____, location-specific advantages are of considerable importance in explaining both the rationale for and the direction of foreign direct investment.
Multiple Choice
a. the infant industry argument
b. market imperfections theory
c. internalization theory
d. the eclectic paradigm
e. Knickerbocker's theory
Answers
The correct option d. the eclectic paradigm. According to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
Explain about the foreign direct investment?The goal of obtaining a long-term interest in a company located in another economy by an investor from one economy is reflected in the type of international investments known as foreign direct investment (FDI).
For instance, a US business may buy stock in a foreign firm that provides it with all the raw resources it requires. A corporation invests together in foreign company that is irrelevant to its main business in a conglomerate FDI.Economic theory, also referred to as the OLI model as well as OLI framework, is the eclectic paradigm. It gets over the drawbacks of fragmentary theories of global production and offers a comprehensive framework in which alternative and related theories of global production can coexist.Thus, according to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
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A ledger account is divided into. *
2 points
2 parts
3 parts
4 parts
5 parts
14 parts
Which of the following transactions involves contra entry? *
2 points
Bank charges
Cash sales paid into the bank
Paid cash into the bank
Withdrew cash from the bank for private use
Putting it in one's pocket
The main book of account is the *
2 points
petty cash book
journal
purchases book
ledger
none of the options
The following keys are found in both the computer and typewriter except *
2 points
back space
delete key
home row keys
space bar
number lock key
Which of the following analyses cash expenses into various sub-heads? *
2 points
Double column cash book
Multiple cash book
Petty cash book
Single column cash book
Quadruple column cash book
“Continue with the preceding one” is represented with which of these symbol signs in manuscript? *
2 points
L. c
B. U. c
insert
Run on
go away
How many columns has the simplest form of a ledger? *
2 points
2
4
6
8
12
When typing a document in a hanging paragraph, the second and subsequent lines are type in how many space/s to the right of the first line? *
2 points
One
Two
Three
Five
Four
A memorandum should not contain *
2 points
date and reference
date and subject
salutation and address
name and date
subject, date and reference
The source document that is used to prepare the petty cash book is called *
2 points
invoice
debit note
receipt
petty cash voucher
cash booklet
Answers
Answer:
1) 2 parts
2) withdrew cash from Bank for personal reasons
3) ledger
4) delete key
5) petty cash book
6) run on
7) 4
8)three
9) date and subject
10) receipt
In economics a computer bought by a firm for its account keeping is classified differently to a computer bought by an individual for playing games and surfing the internet. Explain why.
Answers
Answer:
12
Explanation:
In environmental scanning a firm may use information systems to
Answers
Answer:
utilize sensors that track products through the value chain.
When would you include an executive summary in a report?
Answers
Answer: Is B. When the report is 30 Pages long
Explanation: because I know
Need help. Will give brainliest!!!
Answers
Answer:
A. Arkansas. Department of Parks and Tourism
Explanation:
In a works cited list, organizations or government agencies are typically listed before individual authors. Therefore, Arkansas. Department of Parks and Tourism should be the first entry on the list.
yang company sold merchandise for $2,000 cash. the event is subject to a state sales tax of 9%. recognizing the sale will require yang to
Answers
Recognising the sale will require Yang to recognize sales tax liability of $180.
A tax is a form of transfer of wealth from households and businesses to the government.
Types of Taxes
Sales tax: it is a type of consumption tax. It is the tax levied on the sales of products. An example is the value added tax. Excise tax: it is a tax levied on certain goods and services at the point of sale. This tax is usually levied on goods that the government wants to discourage its consumption. e.g. tobaccoIn order to determine the tax liability of Yang, this formula would be used:
sales tax x cost of goods sold
9% x $2000
0.09 x $2000
= $180.
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