Answer: The options are given below:
A. Vanessa should define new performance outcomes that do not include checking order status.
B. Hunter should develop more realistic goals that do not include checking order status.
C. Vanessa and Hunter should set new performance standards that are more realistic.
D. Vanessa should arrange for training so Hunter can learn how to look up the status of orders.
E. Vanessa should provide Hunter with ongoing performance feedback.
The correct option is D. Vanessa should arrange for training so Hunter can learn how to look up the status of orders.
Explanation: From the scenario given above, we can conclude that Hunter is a good purchasing agent, but a bad record keeper, since he finds it difficult to quickly come up with information about orders.
The next reasonable step to take in order to make Hunter perform better would be to arrange a training for Hunter in order to make him a better record keeper, and therefore be able to keep the records on his orders in a way that he will be able to quickly come up with the status of the orders of employees.
Answer: A) Leading by example
Explanation:
Leading by example means to act in a way that shows others how to act. Barry has led by example by submitting travel and expense reports that are genuine. This will inspire his employees or subodinates to do same.
Leadership is not about talking the talk, this type of leaders also walks the walk. Leaders expect others to do the right thing by leading from example.
Answer:
Indication of correct terms:
a. The reward a saver expects on loaned funds: 3. Interest rate
b. The cost a borrower pays for loaned funds: 3. Interest rate
c. The -difference between the real interest rate and the nominal interest rate: 1. Inflation rate
d. The percentage of disposable income that is kept as personal savings: 2. Saving rate
e. The term that indicates most people need to be incentivized to save: 4.Time preference
f. The result consumption exceeding income over a particular period: 5. Dissaving
Explanation:
1. Inflation rate is the ratio of the change in the prices of goods when compared with an indexed figure.
2. Saving rate is the ratio of savings kept behind from disposable income earned. It shows the ratio of income not consumed when earned.
3. Interest rate is the ratio of the amount that is saved or loaned out that people would receive in order to incentivize them to save or lend and prefer the same amount today and in future.
4. Time preference is a term that shows that people value an amount of money today more than they value the same amount received in future. So, they would rather spend that amount today than spending it tomorrow.
5. Dissaving is spending more than income and even tapping into or consuming from the savings account.
Cost of preferred stock Taylor Systems has just issued preferred stock. The stock has a 12 % annual dividend and a $100 par value and was sold at $97.50 per shar
Reserves - $20,000
Checkable Deposits - $200,000
Reserves Ratio - 10
Household Deposit - $15,000
Level of Excess Reserves - ?
Solution:
Checkable Deposits = $200,000 + $15,000 = $215,000
Required Reserves = 0.10 x $215,000 = $21,500
Excess Reserves = Actual Reserves - Required Reserves
= $35,000 - $21,500 = $13,500
