Answer:
A. are typically involved with producing the organization's products or providing its service
Explanation:
First-line managers are those who are directly above non-managerial workers. They are at the bottom of the managerial chain, but they are very important in a company.
A typical first-line management position is that of supervisor. The supervisor can oversee a production-line and check for quality standards, or can be the supervisor in a service-oriented firm, and check for possible improvements in customer service.
Answer:
The answer is: Gross profit = $2,788
Explanation:
- Feb. 1 Purchase 110 units $46 per unit
- March 14 Purchase 190 units $48 per unit
- May 1 Purchase 135 units $ 50 per unit
312 units were sold at $64 per unit, tax rate is 30%
Using FIFO, what is the company's gross profit? We first calculate COGS
Cost of goods sold - 312 units:
- 110 units at $46 per unit = $5,060
- 190 units at $48 per unit = $9,120
- 60 units at $50 per unit = $3,000
Total COGS = $17,180
<u>Income statement for Hogan Industries 2017</u>
Total revenue $19,968
<u>COGS ($17,180) </u>
Gross profit $2,788
<u>Taxes 30% ($836.40) </u>
Net profit $1,951.60
Answer:
a) 65%
b) 11.4%
c) 25%
d) $25 per share
Explanation:
(a) Ratio of sales to assets = Sales revenue / Total assets
= $1,300,000/ $2,000,000 = 65.0%
(b) Rate earned on total assets = Annual net income / Average total assets
= $250,000 / $2,200,000 = 11.4%
(c) Rate earned on common stockholder's equity = Net Income / Average common stockholder's equity
= $250,000 / $1,000,000 = 25%
(d) Earning per share on common stock = Net Income / Share of common stock outstanding
= $250,000 / 10,000 = $25 per share
Answer:
1. One of your subordinates only seems to respond to threats of punishment. What type of power should you use to motivate him?
h. <u>Persuasive power
</u>
2. You manage a difficult subordinate who only cooperates when she feels that you have the formal authority to ask her to do something. What type of power should you use to motivate her?
b. <u>Legitimate power</u>
3. One of your subordinates looks up to you as a role model. What type of power should you use to motivate her?
a. <u>Personal power</u>
Explanation:
In any given situations there are different incidents that would require someone to apply different power in-order to manage the situation. This could be in form of motivation or deterrent method during the application of the power.
For example, in the case of the subordinate looking up to you as a role model, you should apply personal power in-order to motivate the person. the personal power will help you to build personal relationship between the subordinate and you.
Cannibalization occurs when a producer offers a new product that takes sales away from its existing products: TRUE
<h3>
What is cannibalization?</h3>
- Cannibalization in marketing strategy refers to a decrease in sales volume, sales revenue, or market share of one product when the same company releases a new one.
- Cannibalization occurs when a manufacturer introduces a new product that competes with its existing items.
- Market cannibalization occurs when a corporation introduces a new product that replaces one of its existing ones.
- When a new product is identical to an old one and both share the same client base, market cannibalization occurs.
Therefore, the statement "cannibalization occurs when a producer offers a new product that takes sales away from its existing products" is TRUE.
Know more about cannibalization here:
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The correct question is given below:
Cannibalization occurs when a producer offers a new product that takes sales away from its existing products. TRUE or FALSE
