All categories

2 years ago

Question Completion Status:

1 answer:

3 0

The criteria developed by Baldridge are founded on a number of fundamental ideas, and they are called Management practice

This is further explained below.

<h3>What is Management practice?</h3>

Generally, The term "management practices" often refers to the techniques and inventions that managers use to increase the efficiency of their organizations' work processes. Empowering workers, educating staff, implementing plans for enhancing quality, and implementing different new technologies are all examples of common management techniques.

To put it simply, an organization is any group of individuals united for a same goal, whether it be in the form of a firm, a school, or a club. The term comes from the Greek word "organon," which may be translated as "instrument," "tool," or "organ." a collection of individuals working together for a same goal, as in an office or government agency.

In conclusion, Baldridge's standards are founded on a set of fundamental concepts known as a management practice.

You might be interested in

Question 14 of 20

serg [7]

Answer:

OD. A person who goes to earn a college degree will have to pay the full costs of going to college

4 0

2 years ago

Lakeisha is a management assistant at the Fourth Bank and Trust Company of Pasadena. Wilson is a senior vice president of the ba

Mamont248 [21]

Answer:

d. Restate that under no circumstances shall Lakeisha adopt retaliatory conduct against Wilson in the future if their relationship ends in a bad manner

Explanation:

In such a situation, Wilson decides to send Lakeisha a letter that:

Restate that under no circumstances shall Lakeisha adopt retaliatory conduct against Wilson in the future if their relationship ends in a bad manner even though the romantic attraction between Lakeisha and Wilson was very strong and they have become lovers in which Wilson is concerned that the bank and he could be accused of sexual harassment which is why The director of human resources recommends that Wilson and Lakeisha sign a "lovecontract." Despite such arrangements was not a perfect solution to liability.

4 0

3 years ago

What are some arguments in favor of raising the minimum wage? On the other hand, what are some arguments against raising the min

Ede4ka [16]

Answer:

Explanation:

The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.

The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.

Minimum wages lead to the reduction in the entry-level jobs that are available, and reduces the change of entry level graduates to get training, and lifetime income. According to Economists, minimum wages will result into decrease in the employment opportunities that are available for the youths and thereby create unemployment. Potential employees will miss out on the training that should have been done at the initial stage one is entering an organization.

3 0

3 years ago

Umatilla Bank and Trust is considering giving Pohl Company a loan. Before doing so, it decides that further discussions with Poh

pantera1 [17]

Answer:

That it equally 2000

Explanation:

8 0

3 years ago

Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B)

Digiron [165]

Answer:

The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.

Payback period A=2,1539 years.

Payback period B= 3,0042 years

Explanation:

The payback period refers to the amount of time it takes to recover the cost of an investment. The payback period is the length of time an investment reaches a breakeven point.

I0= - 70.000

1= 28000 = -42000

2= 38000 = -4000

3= 26000 = 22000

Payback period= full years until recovery +

unrecovered cost beginning year/Cashflow during year

Payback period A= 2 + (4000/26000)= 2,1539 years.

I0= -80000

1= 20000 = -60000

2= 23000 = -37000

3= 36000 = -1000

4= 240000 = 239000

Payback period B= 3 + 1000/240000= 3,0042 years

<u>The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B. </u>

<u></u>

7 0

3 years ago