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lutik1710 [3]
2 years ago
7

The control function of management (select all that apply): Multiple select question. gives workers the education and tools they

need to make decisions measures performance relative to the planned objectives and standards takes corrective action when necessary rewards people for work well done
Business
1 answer:
sergejj [24]2 years ago
6 0

The control function of management are:

  1. Takes corrective action when necessary.
  2. Measures performance relative to the planned objectives and standards.
  3. Reward people for work well done.

<h3>What is control function?</h3>

The control function of management helps those in authority check and ensure that any error observed are quickly corrected and also assist to prevent reoccurrence.

Hence, the control function of management are takes corrective action when necessary and measures performance relative to the planned objectives and standards.

Learn more about control function here : brainly.com/question/26743467

#SPJ1

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Assume that an apple farmer must decide how many apples to harvest for the world apple market. He knows that there is a one-thir
jek_recluse [69]

Answer:

Expected price ≈ 1.5

Explanation:

Expected Value is the average value of an event , found by summing products of various outcomes with their corresponding probabilities .

E (X) = x p(x1) + x p(x2) + ....... xn p(xn)

Here, probability of price = 1 , 1.5 , 2 = 1/3 , 1/3 , 1/3 each {respectively}

So, Expected Value of price = 1/3 (1) + 1/3 (1.5) + 1/3 (2) = 0.33 (1) + 0.33 (1.5) + 0.3 (2) = 0.33 (1 + 1.5 + 2) = 0.33 x 4.5 = 1.485 ≈ 1.5

8 0
3 years ago
The Upstart Company has the following production function.
Alenkasestr [34]

Answer:

b. 4

Explanation:

The computation of the real wage rate is as follows:

<u>Number of workers      Number of cases produced    Marginal product </u>

0                                                  0                                                        -

1                                                   10                                             10

2                                                  19                                             9

3                                                  26                                            7

4                                                 31                                              5

5                                                34                                               3

At optimal MP = real wage rate.

So,  

For 4th worker , MP is 5

And for 5th worker ,MP is 3

So in the case when we hire 4 workers so the real wage rate should lies in between of 3 and 4

Therefore the real wage rate is 4

7 0
3 years ago
Before the Civil War, public opinion was largely for union activity.
Svet_ta [14]

Answer:

True since unions were very influential at that time.

5 0
3 years ago
The owner of an orange grove must decide when to pick one variety of oranges. She can sell them for $27 a bushel if she sells th
uysha [10]

Answer:

The oranges should be picked in 2 weeks for maximum return

Explanation:

We assume that the return of the owner is y ($)

Assume that the number of weeks the oranges should be picked to have maximum return is x (weeks). (x≥0)

If collect now, the price for each bushel is $27

As the price per bushel decrease by $1.50 per bushel each week

=> After x weeks, the price of a bushel decrease: 1.5x ($)

=> The price of 1 bushel after x weeks is: 27 - 1.5x ($)

If collect now, each tree can yield 7 bushels

As the yield increases by half a bushel per week for the next 5 weeks

=> After x weeks with x ≤ 5, each trees would yields: 7 + 0.5x (bushels)

The return = The price of each bushes × The quantity of bushels

=> y = (27-1.5x)(7+0.5x)

⇔y= 27 (7 +0.5x) - 1.5x(7+0.5x) = 189 + 13.5x - 10.5x - 0.75x^{2}

⇔y = -0.75x^{2} +3x +189

We have: if the equation has the form of y =ax^{2} +bx +c with a≠0, its maximum value is: max y = c - \frac{b^{2} }{4a}

In the equation y = -0.75x^{2} +3x +189, we have: a = -0.75; b = 3; c = 189

=> max y = c -\frac{b^{2} }{4a} = 189 - \frac{3^{2} }{4.(-0.75)} = 189 - \frac{9}{-3}  = 189 - (-3) = 189+3 = 192

To look for the number of weeks, we should find x (0≤x≤5) with which y = 192

192 = -0.75x^{2} +3x +189

⇔-0.75x^{2} + 3x + 189 - 192 = 0

⇔-0.75 x^{2} + 3x - 3 =0

⇔-0.75x^{2}  + 4*0.75x - 0.75*4 =0

⇔x^{2} -4x + 4 = 0

⇔ (x-2)^{2}  = 0

⇔ x = 2

The oranges should be picked in 2 weeks for maximum return

7 0
3 years ago
What is the name given to the study of how wealth is created and distributed?
vichka [17]

Answer:

What is the name given to the study of how wealth is created and distributed?

O Marketing

O Economics

O Finance

O Capitalism

3 0
2 years ago
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