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1 year ago

Who are the stakeholders who should be involved in the system and acquisition process?

1 answer:

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Stakeholders in a business process may include the project manager, employees, donors, investors, shareholders, customers, competitors, suppliers, vendors, local and national communities, internal and external organizations, government and its regulatory agencies and labor unions.

In business, a stakeholder is a member of "the group without whose assistance the organization would cease to exist," as defined in the term first used in a 1963 Stanford Research Institute internal memorandum. This theory was developed and endorsed by R. Edward Freeman in the 1980s.

A stakeholder is a party involved in a business that affects or is affected by the business. The main stakeholders of a typical company are investors, employees, customers and suppliers.

Stakeholders are individuals, groups or organizations directly involved in or indirectly affected by a project, product, service or business. As such, stakeholders also influence why and how companies do business.

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Explain why the human resource function should be aligned with an organization’s strategic plan (use ideas from the Module One d

hjlf

Answer: For Manpower allocation

For effective cost management/Budgeting.

Explanation:Human Resource function is a management activity that regulates the processes involved in planning, recruitment, allocation, training, compensation and ensuring that the organization performs effectively.

HR function should be aligned with an organization's strategic plan to ensure PROPER MANPOWER ALLOCATION (this will ensure the right person,persons with the needed skills are recruited and allocated).

Effective cost management/Budgeting(this will ensure that manpower allocation shall be based on the strategic budget by management)

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2 years ago

Match each item with the best possible description.1. forced America to produce goods once imported from England2. noninvolvemen

Reptile [31]

Answer:

1. forced America to produce goods once imported from England ⇒ Embargo Act of 1807: law passed by Thomas Jefferson that prohibited American ships from trading in foreign ports.

2. non-involvement in world affairs ⇒ isolationism: policy that tries to separate a country from getting involved in foreign disputes or political affairs

3. negotiations between labor and management ⇒ collective bargaining: when employers and workers unions discuss wage increases and other working conditions and benefits

4. Alaskan Purchase ⇒ Seward's Folly: Seward's Folly or Seward's Icebox was the term given to the Alaska purchase deal by its opponents who believed Alaska was worthless.

5. battle of San Juan Hill ⇒ Rough Riders: 1st United States Volunteer Cavalry that were led by Leonard Wood and Theodore Roosevelt in the battle of San Juan.

6. combining of corporations ⇒ consolidation: when two corporations merge into one single company.

7. blown up in Havana harbor ⇒ Maine: In 1898 the USS Maine was blown up and sank in Havana, it started the Spanish - American War.

8. Clermont ⇒ Fulton's Folly: Robert Fulton owned the Clermont (AKA Fulton's Folly) was the first steamboat vessel to be used as a commercial way of transportation.

9. interchangeable parts ⇒ standardized parts: The assembly developed by Henry Ford used interchangeable and standardized parts.

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2 years ago

Which of the following terms describes the estimate of dollar value loss of a capital good due to obsolescence or wear and tear

Pavlova-9 [17]

Answer:

Depreciation

Explanation:

This is basically a reduction in value of an asset over period of time mainly because of wear an tear.

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3 years ago

Meadow Company produces hand tools. A sales budget for the next four months is as follows: March 10,800 units, April 13,300, May

elixir [45]

Answer:

Production= 11,300 units

Explanation:

Giving the following information:

Sales:

March 10,800 units

April 13,300

Meadow Company’s ending finished goods inventory policy is 20% of the following month’s sales.

March 1 beginning inventory is projected to be 2,160 units.

<u>To calculate the production for March, we need to use the following formula</u>:

Production= sales + desired ending inventory - beginning inventory

Production= 10,800 + (13,300*0.2) - 2,160

Production= 11,300 units

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2 years ago

Which of the following scenarios is consistent with the Laffer curve?

sergejj [24]

Answer:

No option is correct.

a. An increase in the tax rate always increases tax revenue. ⇒ FALSE, if tax rates increase beyond the optimal level, instead of increasing total revenue they will decrease it.
b. The tax rate is 1 percent, and tax revenue is very high. ⇒ FALSE, very low tax rates will result in very low government revenue.
c. The tax rate is 99 percent, and tax revenue is very high. ⇒ FALSE, very high tax rates will result in very low government revenue.
d. A decrease in the tax rate always increases tax revenue. ⇒ FALSE, if tax rates decrease beyond the optimal level, instead of increasing total revenue they will decrease it.

Explanation:

According to Arthur Laffer, a direct and sometimes inverse relationship exists between tax rates and government revenue. Sometimes a lower tax rate can result in higher government revenue. But that is not always the case. Sometimes an increase in the tax rate can increase government revenue. The optimal tax rate (T*) is equal to the tax rate that will allow the government to collect the highest amount of revenue. Any lower or higher tax rate will decrease government revenue.

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3 years ago