Answer:
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Explanation:
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Answer:
Firstline Managers
Explanation:
Firstline Managers have the responsibility of supervising and coordinating the activities of employees. This position make up the frontline managers and it is at this level that managerial experience is first acquired. They are not primarily involved in planning, rather they supervise the daily operations of workers in the organization. Positions with designations such as; <em>Supervisor, Head of Department, and Office Manager are examples of Firstline Managers</em>.
An organization typically has three types of Managers namely, the Top Managers, The Middle Managers, and the Firstline Mangers, in order of superiority. The Top Managers are more involved in planning and setting goals for the organization while the Middle Managers allocate resources, report to the Top Managers, and also supervise the Firstline Managers.
Answer: Too broad.
Explanation:
A mission statement of an organization is the statement of the central goal all the operations at the organization is directed towards achieving.
The mission statement of not ruling out any opportunity the management might wish to achieve, is too broad and would make the company confused trying to achieve so many opportunities at the same time.
Answer:
Eritrea, Guinea and Ethiopia
Explanation:
Answer:
b. 2.80%
Explanation:
Calculation for the measure of performance for Monarch Stock Fund
Using this formula
Measure of performance= Monarch Average return-[risk-free return+ Monarch Beta (Market Portfolio Average return-risk-free return)]
Let plug in the formula
Measure of performance=16% - [4% + 1.15 (12% - 4%)]
Measure of performance=2.80%
Therefore the measure of performance for Monarch Stock Fund will be 2.80%