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Alekssandra [29.7K]
2 years ago
8

Setting standards, measuring performance, and comparing performance to standards are the:_____.

Business
1 answer:
pychu [463]2 years ago
6 0

Setting standards, measuring performance, and comparing performance to standards are the parts of controlling.

Control is a management function that aids in error detection and the implementation of corrective measures. This is done to reduce departure from standards and make that the organization's stated goals are met in the desired way.

Controlling is a management function that aids in obtaining desired results from employees at all organizational levels, including managers and subordinates. The managing function aids in tracking advancement toward corporate objectives, identifies deviations, and suggests necessary remedial action.

Learn more about controlling here

brainly.com/question/25453419

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A company is evaluating a new 4-year project.
Andrej [43]

Answer:

$ 714.957,6‬

Explanation:

<u>We should solve for the book value afer four years:</u>

3,800,000 x (0.2 + 0.32 + 19.2 + 11.52) =

3,800,000 x       0,8272‬    =  3.143.360

book value: 3,800,000 - 3,143,360 = 656.640‬

Now, we compare it against our expected sales value

745,000 - 656,640 = 88,360

This gain will be taxes at 34%

88,360 x 34% = 30.042,4‬

Now, the after tax salvage value will be :

745,000 - 30,042.4 = 714.957,6‬

8 0
4 years ago
Which method of communication is likely to be most effective for the following situation: A client's reservation is about to be
Free_Kalibri [48]
A phone is best because it would be quick
3 0
3 years ago
Read 2 more answers
As a sysadmin, you will find yourself doing business with a variety of third-party vendors. Which of these are likely to be rent
n200080 [17]

Available Options are:

Fax machines

Printers

Smartphones

Video or audio conferencing machines

Answer:

All of the above except Printers

Explanation:

The reason is that printers are very important part of administration work so its more likely that we already have one. However it is possible that we don't have any fax machine, smartphones and video or audio conferencing machines as these are rarely used by the administration. So Printers will not be bought oor rented.

3 0
3 years ago
Leigh Delight Candy, Inc. is choosing between two bonds in which to invest their cash. One is being offered from Hershey's and w
Firlakuza [10]

Answer:

Hersey's bond = $1125.513

Mars bond = $1172.259

Explanation:

Hersey bond;

Period(t) = 10years = 40(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

Using the both present value (PV) and compound interest formula ;

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-40)÷0.025] + [1000÷(1.025)^40]

PV =( 753.083251562) + (372.4306236)

PV = $1125.513

Mars bond;

Period(t) = 20years = 80(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-80)÷0.025] + [1000÷(1.025)^80]

PV =(1033.55451663) + (138.704569467)

PV = $1172.259

5 0
3 years ago
What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed uncertainty
Hitman42 [59]

Answer:

The optimistic approach examines the best possible outcome in a given situation and chooses the 'best of the best' while the pessimistic approach examines the worst possible outcome in a given situation and chooses the 'best of the worst'.

Explanation:

Decision making under assumed uncertainty is an approach that is taken when the outcomes of future events are not entirely known. The Hurwicz criterion provides a basis on which the pessimistic and optimistic outcomes can be balanced. This criterion allows the person who makes the decision to chose a coefficient of pessimism signified by alpha (α) and it is a decimal that is graded between 0 and 1. This number signifies the worst possible outcome whereas, the number (1-α) signifies the best outcome.

So, the optimistic approach examines the best possible outcome in a given situation and allows the decision-maker to choose the 'best of the best', while the pessimistic approach examines the worst possible outcome in a given situation and the decision-maker to choose the 'best of the worst'

3 0
3 years ago
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