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PIT_PIT [208]
2 years ago
15

Most operating decisions of management focus on a narrow range of activity called the ______ of production.

Business
1 answer:
dmitriy555 [2]2 years ago
4 0

Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.

<h3>What are operating decisions?</h3>

Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.

In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.

Read more about operating decisions

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​san antonio, texas, has a system in which the names of the top three applicants for promotion are submitted to the chief of pol
tino4ka555 [31]
<span>This system uses what is called career-banding. This system identifies employee competencies, reduces the number of job titles and simplifies the management process. It also allows and employee to move within their pay range while allowing managers to have a say in compensation and will hold them accountable to their decisions.</span>
8 0
3 years ago
The mean monthly bill for a sample of households in a city is $70, with a standard deviation of $8.
Alenkinab [10]

Answer:

a) 39

b) 58

Explanation:

Data provided in the question:

Mean = $70

Standard deviation, s = $8

Number of households, n = 40

Now,

a) number of households whose monthly utility bills are between $54 and $86

z score for $54 = [ 54 - 70 ] ÷ 8                  [ z score = [ X - mean ] ÷ s]

or

z score for $54 = -2

z score for $86 = [ 86 - 70 ] ÷ 8                  [ z score = [ X - mean ] ÷ s]

or

z score for $54 = 2

Therefore,

P(between $54 and $86) = P(z = 2) - P(z = -2)

= 0.9772498 - 0.0227501

= 0.9544997

Therefore,

number of households whose monthly utility bills are between $54 and $86

= P(between $54 and $86)  × n

= 0.9544997 × 40

= 38.18 ≈ 39

b) In a sample of 20 additional house i.e n' = 40 + 20 = 60

thus,

number of households whose monthly utility bills are between $54 and $86

= P(between $54 and $86)  × n'

= 0.9544997 × 60

= 57.27 ≈ 58

8 0
4 years ago
Lorenzo Peterson was swimming in a swimming pool with a friend at an apartment com­plex. Lorenzo watched his friend swim to the
Naya [18.7K]

Answer: See explanation

Explanation:

1. Yes.

A design defect is when the design for a particular product brings about risk or injury which could have been averted if the design was done in another way.

With regard to the question, there is a design defect as we're informed that the drain cover becomes loose and we're further told that Sta-Rite did not install safety fea­tures on its drain pumps.

2. No.

Based on the scenario in the question, the ethical duty wasn't met by Sta-Rite Industries. They neglected the potential injury and harm that their design would cause. This means that they didn't perform their ethical duty well.

3. Yes.

In this case, Sta-Rite has to compensate the affected person and a punitive damage should further be added to whatever compensation had been put in place. This will serve as a way of making others also learn and always do the right thing and be safety conscious.

7 0
3 years ago
Identify the examples of good internal controls designed to protect cash received in the mail. (check all that apply.)
adoni [48]

Two people are assigned the task of, and are present for, opening the mail. The recordkeeper and the person who reconciles the bank balance do not have access to cash.

An organization may define internal controls as a set of policies and practices to safeguard its resources, increase productivity, improve financial accountability, ensure corporate guidelines, and stop employee fraud. Since there is a precise and trustworthy accounting system, internal controls are meant to ensure that loss is eliminated. Internal control involves the timely use of both internal and external auditing or financial reporting resources. As a result, it helps maintain correct and proper financial records, which also helps increase operational effectiveness. Internal controls that are implemented correctly aid in improving operational effectiveness, safeguarding assets, providing accurate financial information, preventing fraudulent or illegal behavior, and timely filing of financial reports.

Learn more about Internal control here:

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3 0
2 years ago
Suppose a​ firm's tax rate is 35%.
Pie
<span>A $10 million operating expense would be immediately expensed, increasing operating expenses by $10 million. This would lead to a reduction in taxes of  $3.5 million. earnings would decline by $6.5 million. There would be no effect on next year's earnings.</span>
8 0
3 years ago
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