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2 years ago

Discuss the principles of management. Please help

1 answer:

8 0

The principles of management are scientific principles that enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.

<h3>What are the principles of management?</h3>

The principles of management enunciated by Henri Fayol enable managers to become efficient and effective include:

Division of Work
Discipline
Unity of Direction
Unity of Command
Remuneration
Scalar Chain
Order
Equity
Initiative
Esprit de Corps
The Degree of Centralization
Authority and Responsibility
Subordination of Individual Interest
Stability of Tenure of Personnel.

These principles of management provide guidance to managers in their decision-making and management activities.

Thus, the principles of management enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.

Learn more about principles of management at brainly.com/question/14456974

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What is price and explain factors that influencing price. Give at least 5 factors and explain them.

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It would be 764 have a good day bye

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3 years ago

Big Dom’s Pawn Shop charges an interest rate of 27 percent per month on loans to its customers. Like all lenders, Big Dom must r

Bad White [126]

Answer:

a. 324%

b. 16.61%

Explanation:

a. The computation of the APR is the annual rate of interest which is shown below:

= Interest per month × number of months in a year

= 27% × 12 months

= 324%

b. And, the effective annual rate would be

= (1 + interest rate per month) ^ Number of months in a year - 1

= (1 + 27%) ^ 12 -1

= 1.27 ^ 12 -1

= 17.6053 - 1

= 16.61%

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3 years ago

As mentioned in the video, the US produces an annual "List of Goods Produced by Child Labor or Forced Labor." How effective do y

lina2011 [118]

Answer and Explanation:

By publishing the "List of Goods Produced by Child Labor or Forced Labor" the American government is able to raise awareness among the population that, although child labor is something inconceivable in American society, it still happens with great intensity in various places around the world. This allows the population to become aware of this situation and to stop buying products produced by companies that finance and allow child labor to happen. When they stop using these products, companies suffer a decrease in demand, which can cause significant changes in the production and in the lives of children who need to work.

While consumer pressure at companies that allow child labor is effective, pressure from political and commercial authorities is more effective in bringing about change and ensuring the protection of children, as these authorities can promote severe punishments for those who allow this to happen.

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3 years ago

Bartering is the exchange of goods and services without the use of _____. A. revenue B. regulations C. money

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Bartering is done without C) money!
Recall how pioneers traded with each other goods.

6 0

3 years ago

Read 2 more answers

The following information applies to the questions displayed below] A local Chevrolet dealership carries the following types of

myrzilka [38]

Answer:

Chevrolet Dealership

A) The total cost of the entire inventory is:

= $575,000

B) Each inventory would be reported at the LCNRV:

Inventory Items Quantity Reporting Cost/Value

Vans 4 NRV

Trucks 7 NRV

2-door sedans 3 Cost

4-door sedans 5 Cost

Sports cars 1 Cost

SUVs 6 NRV

C) Journal Entry:

Debit Cost of goods sold $27,000

Credit Inventory $27,000

To write-down costs to net realizable values.

D) TRUE.

Explanation:

a) Data and Calculations:

Inventory Items Quantity Cost per unit NRV per Unit LCNRV

Vans 4 27000 $108,000 25000 $100,000

Trucks 7 18000 126,000 17000 119,000

2-door sedans 3 13000 39,000 15000 39,000

4-door sedans 5 17000 85,000 20000 85,000

Sports cars 1 37000 37,000 40000 37,000

SUVs 6 30000 180,000 28000 168,000

Total Cost $575,000 $548,000

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3 years ago