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larisa86 [58]
2 years ago
7

11. Which of the following statements about the role of managers

Business
1 answer:
IRISSAK [1]2 years ago
6 0

The TRUE statement about the first (highest) level of management is <em>4. Managers spend most of their time planning for the future.</em>

  • These managers are appointed by the owners of the business to act as agents in the interests of their principals.  However, the ordering depends on the person.  Sometimes, this first-level is assigned as the third-level, in reverse order.

  • This level of management is not necessarily involved in operational activities.  The managers at this level do not constitute the greatest percentage of the workforce.

  • While first-level managers bear the responsibility for the success or failure of their company, they usually assign the function of overseeing business success and failure to the middle-level managers, who also supervise the lower-level managers.

Thus, the first-level of managers are the managers who plan for the future of the company.  

Read more about the levels of managers in a company at brainly.com/question/14749711

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A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve
Natalka [10]

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

The interest rate will be:

= \frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}

On substituting the given values, we get

= \frac{800}{50,000}

= 0.016

i.e.,

= 1.60 \ percent

5 0
3 years ago
In a retail cash sales environment, which of the following controls is often absent?
JulijaS [17]

Answer:

The correct answer to the following question is option b) Separation of functions.

Explanation:

In a retail environment , the cash management process starts when a customer pays the cashier for the product or services he or she has purchased. The cashier then counts the cash in till drawer and then at end of the day cashier takes that cash to the third party who can be either manager or owner or a supervisor. Then cashier would receive a receipt against the cash for till drawer.

Now supervisor would collect cash from all the cashier and prepare the cash to be deposited in bank. So from this process it is quite clear that here there is separation of functions here and while all other options given in the question are present in the process.

6 0
3 years ago
You want to construct a portfolio containing equal amounts of U.S. Treasury bills, stock A, and stock B. If the beta of the stoc
7nadin3 [17]

Answer:

beta of stock B = 1.33

Explanation:

the beta of treasury bills is 0

the beta of stock A = 1.46

the beta of stock B = ?

the portfolio contains equal amounts of each investment and its overall beta is 0.93

0.93 = (0 x 1/3) + (1.46 x 1/3) + (B x 1/3)

0.93 = 0 + 0.4867 + 0.333B

0.93 = 0.4867 + 0.333B

0.4433 = 0.333B

B = 0.4433 / 0.333 = 1.33

4 0
3 years ago
Based on the current economic expansion (beginning in mid-2009), what percentage of earners are actually losing income?
steposvetlana [31]

Based on the current economic expansion (beginning in mid-2009), the bottom 90% of earners are actually losing income.

Generation Z refers to the generation born between 1997 and 2012, following the millennial generation. Gen Z will soon be the largest cohort of consumers. Brands wanting to participate in this opportunity should understand their own trends and digital expectations. Economics is the social field that studies how communities use scarce resources to meet their insatiable needs.

Three factors have contributed to the rapid growth of the world population over the last 200 years: Decreased mortality due to economic concomitant increases in fertility; better treatment of the disease reduces child mortality.

Learn more about economics at

brainly.com/question/17996535

#SPJ4

4 0
2 years ago
In reviewing a bank's balance sheet, the liabilities are greater than the assets. What is the best explanation that could
Alex777 [14]

Answer:

cash

Explanation:

The top line, cash, is the single most important item on the balance sheet. Cash is the fuel of a business. If you run out of cash, you are in big trouble unless there is a "filling station" nearby that is willing to fund your business

6 0
3 years ago
Read 2 more answers
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