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2 years ago

True or false: standard rules exist to help managers identify appropriate allocation bases.

Business

1 answer:

tangare [24]2 years ago

4 0

False, standard rules doesn't exist to help managers identify appropriate allocation bases.

Standard Rules refers to strong moral commitments or ethics that allows smooth working of an organisation. It is basically fundamental requirements to govern an organisation. It could play a role in appropriate allocation bases but doesn't exist for it rather to keep check on principles and equality in an organisation. They are not legally binding. But, appropriate allocation bases require judgement. Managers use- the direct method or the sequential (or step) method or the reciprocal method, to develop judgements about allocation bases. Hence, the statement is false.

More on allocation of rsources brainly.com/question/5322091

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For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that ther

notka56 [123]

For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.

<h3>Reason for early sales</h3>

When a particular products meet the demand of people, there is possiblity of sales immediately after the product is release.

Hence, product should be targeted towards demand.

Therefore, For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.

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3 0

2 years ago

Suppose the Bank of Tazi loaned the banks of Tazi 10 million tazes. Suppose also that both the reserve requirement and the perce

4vir4ik [10]

Answer:

See below.

Explanation:

To compute the change in money supply, we first calculate the credit multiplier,

Credit multiplier is calculated as,

Multiplier = 1 / reserve ratio

When the Bank of Tazi loans 10 million to bank while their reserve requirements stay the same, this additional 10 million will be loaned out and the total change in money supply would be

= 10 million * Multiplier

For example if the reserve ratio was 4% then the multiplier = 1 /0.04 = 25

Then the total change in money supply would be 10 * 25 = 250 million.

Hope that helps.

4 0

4 years ago

Brenda has recently been denied a promotion. This is the third time she was turned down for promotion despite excellent performa

Serggg [28]

Answer: The options are given below:

A. a diversity-oriented employer

B. a wide span of control

C. the glass ceiling effect

D. the black swan effect

E. an affirmative action

The correct option is C. The Glass Ceiling Effect

Explanation: The glass ceiling is a term used in organizations, it is a metaphor that is used to refer to an invisible and artificial barrier that prevents women and minority groups from being promoted to top managerial and executive level positions within an organization.

The scenario presented above is a perfect example of the glass ceiling effect, this is because, though Brenda is qualified for the promotion, she is denied it regardless, because "that's just the way things are". As you can see, the reason for the denial of her promotion is not a professional issue, just a tradition to always suppress the advancement of certain categories of people.

6 0

3 years ago

Read 2 more answers

The term inflation is used to describe a situation in which

Alex73 [517]

Answer: The correct answer is Choice A.

Explanation: The term inflation is used to describe a situation in what the overall level of prices in the economy is increasing.

The measure of inflation is the Inflation Rate. This is the annualized percentage change in a general price index (usually the consumer price index) over time.

3 0

3 years ago

A machine was purchased at a cost of $78,000. The equipment had an estimated useful life of five years and a residual value of $

KiRa [710]

Answer:

Loss on Sale of Equipment = $10,000.

Explanation:

The gain or loss on sale of Property, plant, and Equipment is calculated by comparing Carrying Value (Cost - Accumulated Depreciation) and Sale Proceeds. The carrying value of a machine at the end of 4th year is:

CV = 78,000 - { [ (78,000 - 3,000) / 5 ] * 4} = 78,000 - 60,000 = $18,000.

<u>Calculating Gain/Loss:</u>

Gain / (Loss) = Carrying value - Sales Proceeds = 18,000 - 8,000 = ($10,000).

Because the company has sold a machine worth of $18,000 for $8,000, so it has incurred a loss of $10,000 on the transaction. This loss is recognized in the Statement of Profit or Loss.

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3 years ago