Answer:
Generally speaking, there are five functions of Management. They are:
- Setting Objectives
- Planning
- Execution
- Measurement
- Control
The two functions of management identifiable from the passage are:
- The setting of Objectives and
- Control
Explanation:
Objectives in business are multilateral in nature. They speak to
- Identifying where the company wants to go
- How the company is going to get there
- Who the company will need to get there and
- What the company will need to get there
In the passage above, the company via it's general manager is defining clearly those the company will need and what each person's role is in helping to achieve such objectives
It is not the responsibility of the employee to define his or her own job or objectives. It is the responsibility of Management.
With regard to the second function which we will identify as Control, when management admits employees, there has to be structure otherwise there would be chaos.
It is the function of management to clearly define reporting lines. Who reports to whom? Who is responsible for overseeing who? Who will lead what team? etc.
We see from the passage that the general manager distributed jobs according to each employees ability. And in doing so also defined reporting lines.
This is an example of the Control function of management.
Cheers!
The first Year of your business’s operations
Answer:
I (allowed) and IV (not considered soft dollar compensation)
Explanation:
Soft dollar compensation refers to payments made to brokerage firms or agents as commission revenue. They differ from hard dollar compensation because hard dollars are payments that were agreed upon before an investor started working with the broker, while soft dollars are based upon variable commissions.
<span>The answer to this
question is False. Sanctions do not only rarely achieve their goal of forcing
change in the targeted country, but they also tend to produce collateral
economic damage in the nations that do apply them.</span>
Answer:
$544
Explanation:
LIFO means last in first out. It means it's the last purchased inventory that is the first to be sold.
The cost of the 250 units sold would be first deducted from the inventory purchased on the 25th
= 100 × 2.34 = $234
That leaves 250 - 100 = 150 units.
The cost of goods sold would be next allotted to the inventory purchased on the 9th
= 50 × 2.20 = $110
This leaves 150 - 50 = 100
The cost of the 100 would be alloted to the beginning inventory
100 × $2 = $200
Total cost of goods sold = $200 + $110 + $234 = $544
I hope my answer helps you
