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1 year ago

Why is it more important to understand the personality of a manager than to understand the personality of an employee

1 answer:

3 0

It is more important to understand the personality of a manager than to understand the personality of an employee because the actions of a manager impact the behavior and outcomes of many people.

<h3><u>What is the role of a manager?</u></h3>

Most frequently, managers are in charge of a specific job function or division inside the company.
A manager either directly leads his or her team in accounting, marketing, sales, customer support, engineering, quality, and all other groups, or they are in charge of a group of supervisors that manage the teams of employees. Title hierarchies are found in organizations.
Each of these individuals carries out distinct and crucial tasks that allow the business to run, fulfill its duties, and generate a profit.
Particularly in smaller firms, a manager may have the authority to recruit, fire, reprimand, or promote employees with the help of the human resources team.

In larger organizations, a manager may only suggest such a course of action to the level above them. In both large and small businesses, the manager has the power to modify the tasks that team members are assigned to do.

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The process of setting aside money and putting it to work by having it earn interest or dividends or gain value in the equities

Kisachek [45]

Answer:

Saving and investing.

Explanation:

Savings is basically putting aside current money for future use. Investing is committing money to make profit over period of time.

4 0

4 years ago

Next year, Celebrity wishes to increase the unit selling price to $110. Shipping will change to 2.5% of sales. Cost of goods sol

RSB [31]

Answer:

net income increased by $1,537.50

Explanation:

Obviously, the original income statement is missing, so I looked for a similar question:

sales revenue $16,500

COGS <u>($9,300)</u>

Gross profit $7,200

Operating exp.:

Administrative $950
Depreciation $1,300
Shipping $412.50 <u>($2,662.50)</u>

Net income $4,537.50

net income increased by $4,537.50 - $3,000 = $1,537.50

8 0

3 years ago

QPD Corporation discovered financial information about its prime competitor which it used to its advantage. QPD did not obtain t

bixtya [17]

Corporation is the form of business that responsible for QPD’s knowledge of the details of its competitor’s financial situation.

<h3>What is cooperate business?</h3>

A cooperate business is a business that is owned and manage by group of individuals.

The members also use the product as well as the service.

Coporation gives members access to information which can be divulged to competitors by members.

Therefore, Corporation is the form of business that responsible for QPD’s knowledge of the details of its competitor’s financial situation.

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8 0

2 years ago

ABC Company sold the rights to use one of their patented processes that will result in them receiving cash payments of $10,000 a

BigorU [14]

Answer:

$77,217

$11,289

Explanation:

Fist we will calculate the present value of $10,000 payment

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. The value of the annuity is also determined by the present value of annuity payment.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where

P = Annual payment = $10,000

r = rate of return = 10% / 2 = 5%

n = number of period = 5 years x 2 semiannual payments per year = 10 payments

PV of annuity = $10,000 x [ ( 1- ( 1+ 0.05 )^-10 ) / 0.05 ]

PV of Annuity = $77,217

Now we will use the discounting method to calculate the present value of lump sum payment of $20,000

Present value = Future value x Present value factor

PV = FV x ( 1 + r )^-n

PV = $20,000 x ( 1 + 0.1 )^-6

PV = $11,289

6 0

3 years ago

Preston Industries has two separate divisions. Each division is in a separate line of business. Division A is the largest divisi

bogdanovich [222]

Answer:

D. assign appropriate, but differing, discount rates to each project and then select the projects with the highest net present values.

Explanation:

Even though Division A is the largest and produce the highest amount of sales, it will not be selected based on this factor but its net present value(NPV). This will determine if the sales actually can fully recover the initial investment amount and yield a profit. Therefore, since Division A and B have different levels of risk, it will be appropriate to find their NPVs using different discount rates and accept the one with the highest NPV.

8 0

3 years ago