Answer:
Factors to consider:
1. Specialisation role
2. Complexity of sales process
3.Tenure
4.Geographical coverage
5. Sales Representative leadership
6. Support network
7. Internal Bureaucracy
8. Value add of managers
Factors not to consider;
1. Market share
2. Production process
3. Distribution process
4. Personal affiliation, race or religion
Explanation:
When considering a company's span of control, which simply means the number of junior staff a manager should manage, it is important to note factors relating to geographical coverage, a wide coverage can create difficulties in supervision to a manager. Consequently reducing the span of control.
Specialisation also help in ensuring the manager is an expert in the area he or she supervise. Experienced manager with good understanding of the tasks, good knowledge of the workers and good relationships with the workers, will be able to supervise more workers
The complexity of a sale process can affect a manager's supervision performance. if the sale process for example require an online payment to a final user who may not be physically available. Supervising such sales requires adequate training.
Other factors like; Tenure, Sales Representative leadership, Support network, Internal Bureaucracy, Value add of managers are paramount in determining span of control. However, market share, production process, distribution process and personal affiliation, race and religion should not affect the span of control.
The Federal reserve regulates the banking system. The American government's central bank and monetary authority is known as the Federal Reserve System.
- A secure, adaptable, and stable monetary and financial system is provided by the Fed for the nation.
- The 12 regional Federal Reserve Banks that make up the Federal Reserve System are each in charge of a particular part of the country.
- Conducting national monetary policy, overseeing and regulating banks, preserving financial stability, and offering banking services are among the Fed's primary responsibilities.
- The Fed manages the nation's money supply through the Federal Open Market Committee, which also sets monetary policy.
- The Federal Reserve System's primary regulator of banks that are members is the Fed, which has broad authority to take action to promote financial stability.
Learn more about Federal Reserve System, here
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Answer:
the remaining budget for other expenses = 1/8 of the total budget
Explanation:
Since the city's administrative personnel expenses are 1/8 larger than both maintenance expenses and safety expenses, it means that safety expenses are equal to maintenance expenses.
Since maintenance expenses are 1/4 of the total budget, safety expenses are also 1/4 of the total budget.
Administrative personnel expenses are 1/8 higher, so that means that they equal 1/4 + 1/8 of the total expenses.
If we add the three categories = 1/4 + 1/4 + (1/4 + 1/8) = 7/8
So the remaining budget for other expenses = 1 - 7/8 = 1/8 of the total budget
Answer:
The answer is below
Explanation:
To be able to enjoy some small daily purchases and also make wise, long-term decisions when it comes to spending and saving, you will need to take the following steps:
1. Ensure you have a plan: this will describe your short term and long term goals about your finances
2. You can start with an 80%/20% rule. Here, you spend 80% of your income and save 20%. You can increase that later to 70/30%
3. After sometimes, invest 80% of your savings and keep 20%
4. Use credit when only necessary
5. Enjoy yourself sometimes by spending the money for yourself adequately.
6. Keep learning how to maximize your income.
