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PIT_PIT [208]
2 years ago
9

gAlex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex

works, has decided to promote Alex to reward him for his hard work and dedication to the firm. Vera believes that his technical proficiency will inspire the rest of the team to work harder and become more accurate. Is Vera's reasoning sound
Business
1 answer:
kipiarov [429]2 years ago
5 0

Complete question:

Alex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex works, has decided to promote Alex to reward him for his hard work and dedication to the firm. Vera believes that his technical proficiency will inspire the rest of the team to work harder and become more accurate.

Is Vera's reasoning sound? Does Alex's technical proficiency help to ensure his success as a manager?

a. Yes, Alex's high expectations will make him a better manager.

b. No, human relations skills are just as important as technical expertise.

c. Yes, technical proficiency is the key to managerial success.

d. Yes, technical proficiency in a manager is inspirational to teams.

Answer:

(B) No, human relations skills are just as important as technical expertise.

<h3>What is technical expertise?</h3>
  • Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
  • From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.
  • Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
  • From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.
<h3>What are relations skills?</h3>
  • This includes communicating openly, actively listening, cooperating, refusing improper social pressure, constructively negotiating disagreement, and seeking and offering assistance when needed.
  • Relationship skills are essential for personal and professional success.
  • Trust, respect, self-awareness, inclusiveness, and open communication are all required for a healthy professional relationship.
  • Let's take a closer look at each of these traits.
  • You can be open and honest in your ideas and actions when you trust your team members.

So, in this instance, Vera is attempting to argue that interpersonal skills are just as vital as technical skills.

Therefore, the correct option is (B) No, human relations skills are just as important as technical expertise.

Know more about technical skills here:

brainly.com/question/26895031

#SPJ4

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Jessica Adams is 21 years old and has just graduated from college. In considering the retirement investing options available at
Marina CMI [18]

Answer:

The summary as per the given query is summarized in the explanation section below..

Explanation:

The given values are:

The nominal rate of return,

= 7%

i.e.,

= 0.07

Inflation,

= 4%

i.e.,

= 0.04

  • Lengthy-term inflation would lessen the return on investment that lowers the net return as long-term investments are made.
  • It can also aim to obtain a higher return that will comfortably exceed the rate of inflation and therefore is beneficial towards diminishing the average return.

Now,

The rate of return will be:

= (\frac{1+ nominal \  rate \ of \ return}{1+Inflation}) -1

On substituting the values, we get

= (\frac{1+0.06}{1+0.04} )-1

= (\frac{1.07}{1.04} )-1

= 1.028846-1

= 2.8846 \ percent

Therefore it isn't able to measure the average return rate because the quantity of years for its expenditure.

5 0
3 years ago
Suppose you observe the following exchange rates: €1 = $.85; £1 = $1.60; and €2.00 = £1.00. Starting with $1,000,000, how can yo
IrinaVladis [17]

Answer:

i'll answer it after 15 years see you then

Explanation:

5 0
3 years ago
Consider two goods--one that generates external benefits and another that generates external costs. A competitive market economy
KiRa [710]

Answer:

Produce more of the good that generates external cost and less of the good that creates external benefit.

Explanation:

External benefits refer to the situation where the benefit of production of goods or services goes to a third party that is not directly involved in the process of production.  

Similarly, external cost refers to the situation where the cost of production of goods and services is borne by a third party which is not directly involved in the process of production.  

A competitive market economy would tend to produce more of the good that generates external cost and less of the good that creates external benefit. This is because in case of external cost the private cost will be lower than social cost, so the firms will be able to produce more of the good.

5 0
3 years ago
What is the motivation for stockpiling? a. to avoid the unintended transformation of inventory before sale or use, rendering it
Tems11 [23]

Answer:

c. to avoid delays in order fulfillment due to inadequate supply

Explanation:

Stockpiling refers to keeping a large amount of inventory to have it avaiable in the future. Usually, companies do this when they think that the products may not be available to purchase it later and they decide to buy a large amount to avoid problems with the supply. According to this, the answer is that the motivation for stockpiling is to avoid delays in order fulfillment due to inadequate supply.

The other options are not right because having a large inventory is not related to be able to produce at a level rate, stockpiling can lead to unintended transformation of inventory and you might save money by ordering a large amount but you will increase your storage costs to maintain the inventory in a warehouse.

3 0
3 years ago
A company has a pension liability of $440,000,000 that it must pay in 29 in years. If it can earn an annual interest rate of 4%,
kodGreya [7K]

Answer:

a. $141,086,622.46.

Explanation:

Calculation for how much must it deposit today

Using this formula

Present Value = Future Value / [ ( 1 + r) n]

Where,

Future Value = 440,000,000

r = rate of Interest= 4%

n = Number of years = 29

Let plug in the formula

Present Value = 440,000,000 / [ ( 1 + 0.04)29]

Present Value= 440,000,000 / 3.1186514519

Present Value= $141,086,622.46

Therefore the amount it must deposit today to fund this liability will be $141,086,622.46

5 0
3 years ago
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