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gizmo_the_mogwai [7]
3 years ago
13

In the Flying Tigers case study from lesson two, General Chennault established an organization in which reward pay was contingen

t on performance based standards. What best describes the kind of goal setting and pursuit strategy represented in this case study?
Business
1 answer:
kirill [66]3 years ago
6 0

Answer: General Chennault established specific and measurable goals for the pilot.

Explanation:

From the question, we are informed that in Flying Tigers case study from lesson two, General Chennault established an organization in which reward pay was contingent on performance based standards.

The kind of goal setting and pursuit strategy represented in this case study show that General Chennault established specific and measurable goals for the pilot. The pilots know what to do in order for them to get rewarded.

You might be interested in
Nosloc Corp. had $800,000 net income in 2019. On January 1, 2019 there were 200,000 shares of common stock outstanding. On April
tresset_1 [31]

Answer:

diluted EPS = $2.05

Explanation:

diluted earnings per share = net income / (weighted common stocks outstanding + diluted shares).

net income = $800,000

weighted common stocks outstanding:

January 1, 200,000 common stocks

April 1, 20,000 stocks issued = 20,000 x 9/12 = 15,000 common stocks

September 1, 30,000 treasury stocks purchased = -30,000 x 4/12 = -10,000

total weighted stocks outstanding = 205,000

diluted shares:

30,000 options at $40 per stock = [($50 - $40) / $50] x 30,000 = 6,000

2,000 bonds x 30 stocks = 60,000

preferred stock = 40,000 x 3 = 120,000

total diluted shares = 186,000

diluted EPS = $800,000 / (205,000 + 186,000) = $2.05

5 0
3 years ago
An invoice dated 4/18/XX received by Ralph's Supply indicated a balance of $7,000. This balance included a freight charge of $50
Sergio039 [100]

Answer:

The total amount would be $6,805

Explanation:

The computation of the amount paid is shown below:

invoice amount = $6,500  ($7000 - $500)

Less - discount ($6,500 × 3%) = ($195)

Net balance = $6,305

Add - freight charges = $500

Total amount paid = $6,805

In invoice amount, the freight charges are added, so first, we have to deduct the freight charges to get the actual value than we deduct the discount of 3% since the payment was made on April 30.  

From 18 April to April 30, 13 days are there so we take a 3% discount rate since the payment was made within 30 days.  

And, after that, the freight charges are added back to get the total amount which would be paid.

6 0
3 years ago
A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive. Then, the
andriy [413]

Answer:

The correct answer is option c.

Explanation:

A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive.

The price falls to $18, and the firm makes whatever adjustments are necessary to maximize its profit at the lower price.

A competitive firm will produce at the point where the marginal cost is equal to price. When the price is lowered the firm will produce at a point with lower marginal cost.  

It will thus produce lesser output than what it was producing earlier. So the quantity of output will be lower than previously.

7 0
3 years ago
A person who pays the minimum balance on a credit card each month is behaving in a responsible manner. True or False.
Karolina [17]

Answer:

the answer is true

Explanation:

better than nothing but I still pay over that amount just because

6 0
2 years ago
You are managing a project and need to cut the cost of the project. You decide to transfer workers to another job to cut the pro
Gre4nikov [31]

Answer: False

Explanation:

Indirect costs are costs that are not linked directly to a cost object Administration and security costs are indirect cost as they These are are not related directly to production.

Examples of indirect costs are rent, overhead costs, employees salaries, utilities and general office expenses.

The cost associated with moving the workers is a direct cost because the workers are directly involved in the production process.

3 0
2 years ago
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