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2 years ago

Management students may not immediately become managers, but studying management can help you.

1 answer:

6 0

Management students may not immediately become managers, but studying management can help you<u> understand how </u><u>organizational decisions</u><u> are made</u>

This is further explained below.

<h3>What are <u>organizational decisions</u>?</h3>

Generally, The process by which a single organizational unit or several organizational units come to a decision on behalf of the organization is referred to as organizational decision making.

The unit responsible for making decisions might be as limited as a single person, such as a manager, or as extensive as the full membership of the organization.

In conclusion, Students who major in abnormal psychology often fall victim to this mental state, in which they mistakenly assume that they are afflicted with the illness that they are researching.

Read more about <u>organizational decisions</u>

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You want to take a dream vacation in 3.5 years. You plan to save up $5,000 in your vacation sinking fund. Assume an interest rat

Ket [755]

<h3>Answer:</h3>

<h3>Explanation:</h3>

The formula for calculating the Monthly payments P for the sinking fund is as follows:

$P\;=\;\frac{A*i}{(1+i)^n-1}$

where,

P = Monthly payments to be made

A = Total amount to be accumulated

i = Interest rate for given time period

n = Number of time period

Assuming interest is applied at the beginning of each period.

We are given two scenarios.

<h3><u>Scenario (i) - Deposit is made during the year:</u></h3>

In this scenario, as some of the year is already passed (assume 6 months), to complete the time period of 3.5 years the interest will compound 3 times (as the 0.5 year payments can be adjusted in the remaining part of the first year and no interest is applied on it). Hence, the interest will be applied 3 times.

$\therefore P_{(i)}\;=\;\frac{5000*0.08}{(1+0.08)^3-1}\\\\P_{(i)}\;=\;\frac{400}{0.2597}\\\\P_{(i)}\;=\;1540.1676$

<h3><u>Scenario (ii) - Deposit is made at the beginning of the year:</u></h3>

For this case, the interest will be applied 4 times to complete the time period of 3.5 years for payment.

$\therefore P_{(ii)}\;=\;\frac{5000*0.08}{(1+0.08)^4-1}\\\\P_{(ii)}\;=\;\frac{400}{0.3605}\\\\P_{(ii)}\;=\;1109.6040$

3 0

3 years ago

Jill, an accountant for U.S. Molecular, Inc. (USM), learns of undisclosed company plans to market a revolutionary new computer t

guapka [62]

Answer:

1. Jill only

Explanation:

Securities and Exchange Act of 1934 is the legal provision for monitoring trade of securities in financial markets. It prohibits crimes like insider trading, selling unregistered stock, financial markets price manipulation etc

Jill is the person responsible for beginning leakage of this crucial, confidential information. He indulged in insider Trading. This means that he deliberately communicates company's secret information of for satisfaction of his personal motives. He discloses the company plans of a new innovative computer, purchases shares for self & also leads to his friends doing the same, which they later sell at higher price unethically after company's official announcement

6 0

3 years ago

The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to th

Lina20 [59]

Answer:

A. Compliance with applicable laws and regulations.

Explanation:

The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to the reliability of internal and external reporting, the effectiveness and efficiency of operations, and Compliance with applicable laws and regulations.

7 0

3 years ago

___ comes from increases in the money supply.

vagabundo [1.1K]

Answer:

Consumer Price Index (CPI)

Explanation:

1- By definition CPI is the weighted average of a consumer's basket volume for any purchase service or good. When money supply increases, GDP increases, and the spending of a customer increases. Hence resulted in increased CPI.

2- Interest rate decreases when money supply increases

3- Inflation is by definition a steady increase in the money supply if a country. So one can be replaced by another. Inflation does not come from money supply increase, it is in fact money supply increase

8 0

3 years ago

Read 2 more answers

A firm has 4 plants that produce widgets. Plants A, B, and C can each produce 100 widgets per day. Plant D can produce 50 widget

polet [3.4K]

Answer:

A Widgets Firm

Minimization of Shipping Costs to 3 Customers from 4 Locations:

Explanation:

a) Data and Calculations:

Shipping Costs per unit Plant Customer

c. $7125

Plants Customers

Production 1 2 3 Total

Demand units 75 units 100 units 175 units 350 units

A 100 units $25 $35 $15

B 100 units $20 $30 $40

C 100 units $40 $35 $20

D 50 units $15 $20 $25

To minimize shipping costs:

Satisfy Customer 1's 75 units from B = $20 x 75 = $1,500

Satisfy Customer 2's 25 units from B = $30 x 25 = 750

Satisfy Customer 2's 25 units from C = $35 x 25 = 875

Satisfy Customer 2's 50 units from D = $20 x 50 = 1,000

Satisfy Customer 3's 100 units from A = $15 x 100 = 1,500

Satisfy Customer 3's 75 units from C = $20 x 75 = 1,500

Daily minimum shipping cost = $7,125

Minimizing the shipping cost to a location is not considered in isolation. The other locations must be considered. For example, customer 1's shipping cost would have been minimized to $1,250 instead of $1,500 by shipping D's 50 units and B's 25 units. But, this would have increased the shipping cost to customer 2 by $500 from $2,625 to $3,125. Whereas, the company lost $250 shipping to customer 1, it gained $500 shipping to customer 2, thereby making a net gain of $250, instead of net loss of $250.

7 0

4 years ago