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1 year ago

When an organization is using a turnaround strategy, its human resource managers need to be involved in?

1 answer:

6 0

Decreasing the size of the organizations workforce is the turnaround strategy used by an organization human resource managers

Explanation: What is turnaround strategy ?

A turnaround plan involves restructuring or turning the company's current strategy on its head. Companies typically use this tactic when a unit or department is losing money or has been doing poorly for a while.

Underperformance may have a variety of causes. It's possible that the management isn't doing its job properly. Or perhaps a recessionary period is what the economy is going through. It's possible that consumer preferences and tastes have altered. Or a natural disaster might have struck the nation. Similar to this, the company can be dealing with a significant increase in input costs or the entry of new competitors. A financial or liquidity problem could also be present.

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Answer:

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Explanation:

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3 years ago

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Swiss Furniture Company manufactures bookshelves and uses an activityminusbased costing system. The following information is pro

telo118 [61]

Answer:

$12.40

Explanation:

Activity Estimated Indirect Allocation Base Estimated Q. of

Activity Costs Allocation Base

Materials handling $7,700 Number of parts 7,350 parts

Assembling $10,500 Number of parts 7,350 parts

Packaging $2,410 Number of units 1,470 bookshelves

The direct materials cost per bookshelf is $39. What is the cost of materials handling and assembling per bookshelf?

materials handling cost per part = $7,700 / 7,350 parts = $1.05

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3 years ago

A consumer makes purchases of an existing product X such that the marginal utility is 10 and the price is $5. The consumer also

Novosadov [1.4K]

Answer:

Increase the consumption of product Y and decrease the consumption of product X.

Explanation:

Utility-maximizing rule states that a consumer is maximizing its utility at a point where the marginal utility per dollar spent equal for both the products.

Marginal utility per dollar for Product X:

$\frac{MU_X}{P_X}=\frac{10}{5}$

= 2 utils per dollar

Marginal utility per dollar for Product Y:

$\frac{MU_Y}{P_Y}=\frac{8}{1}$

= 8 utils per dollar

Here, the utility-maximizing rule suggests that this consumer should consume more of product Y and less of product X.

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4 years ago

Swan Company has a direct labor standard of 15 hours per unit of output. Each employee has a standard wage rate of $14 per hour.

slava [35]

Answer:

the actual payroll is $189,630

Explanation:

Calculation of Standard Payroll Cost

Standard Payroll Cost (flexed) = 13,100 hours×$14 per hour

= $183,400

Reconciling the Standard Payroll Cost to Actual Payroll Cost

Standard Payroll Cost (flexed) $183,400

Add unfavorable direct labor efficiency variance $15,400

Less favorable direct labor rate variance ($9,170)

Actual Payroll Cost 189,630

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3 years ago

Is it Acceptable to use the seatbelt and shoulder harness to secure both the passenger in the wheelchair

Free_Kalibri [48]

I think they have to use both the lap one to secure the chair and the shoulder belt to secure both

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3 years ago