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DochEvi [55]
2 years ago
15

generally require more technical skills and fewer conceptual skills. a. executive managers b. first-line managers c. middle mana

gers d. systems managers e. board of directors
Business
1 answer:
Volgvan2 years ago
3 0

First-line managers generally require more technical skills and fewer conceptual skills.

Conceptual skills are vital for top managers, less critical for mid-degree managers and no longer required for first-stage managers. As we move from the bottom of the managerial hierarchy to the pinnacle, the significance of these capabilities will upward thrust. Professional first-line managers can pay attention, talk, and write truely and continually, speaking for maximum effect with people at all degrees inside the organization, including team members, superiors, friends, and others. it is specifically important to correctly speak desires and expectations.technical abilities are the most vital for lower level managers because the managers surpervise the workers who produce products or serve clients. Group leaders and first-line managers want technical understanding and competencies to train new employees and help employees remedy problems. Pinnacle managers need sturdy conceptual abilities, whilst the ones at midlevels need top interpersonal abilities and those at lower stages want technical abilities. All managers want robust communication, selection-making, and time-management skills.

Because of this first-line managers need to be skillful hassle solvers who recognize the way to quick expand alternative plans and enforce them within teams. First-line managers have to remain agile and flexible when shifts unavoidably occur within an organizational structure.

Learn more about First-line manager here:-

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Functional

Explanation:
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4 years ago
In producing a product, a firm has both fixed costs and variable costs. Fixed costs are costs that must be paid regardless of ho
Allisa [31]

<u>The cost are as follows:</u>

<u>rent, raw materials, production, utilities, shipping, insurance, </u>

<em>Answer</em>:

<u>Fixed cost> rent, insurance, utilities</u>

<u>Variable cost> raw materials, production cost, shipping cost</u>

Explanation:

Remember, it was mentioned that Fixed costs are costs that must be paid regardless of how many units are produced and sold; which implies that <em>they do not change so frequently.</em>

Thus, we would expect rent paid by Crystal soap to be fixed overtime, her insurance payments as well as utilities she pays for like power etc would also fall under fixed cost.

Variable costs, on the other hand, fluctuate directly with sales volume. Therefore, Crystal soap business would incur varying cost amount for raw materials, production cost, and their shipping cost.

5 0
3 years ago
Lowe’s advertised a barbeque grill for $99 in its newspaper ad. When the Smith’s arrived at Lowe’s to buy the barbecue, a Lowe’s
Debora [2.8K]

Answer:

A) Lowe’s has engaged in bait and switch.

Explanation:

Bait and switch retail sales practices are considered fraud and the store can be sued for it. When a store advertises a product with a very tempting low price in order for customers to go ask for them, but doesn't even have them in stock is considered false advertisement. Everyone loves a good offer but it is illegal to attract customers using a false promotion and then switching that product for a more expensive one.

If Lowe had some of the grills in stock and still tried to convince its customers to buy a more expensive one, then that is not illegal. But the question states that Lowe didn't have any cheap grill in stock.

5 0
3 years ago
Suppose the price of a share of IBM stock is $200. An April call option on IBM stock has a premium of $5 and an exercise price o
SCORPION-xisa [38]

Answer:

b. increases to $206

Explanation:

Based on the above information given the holder of the call option will earn a profit if the price of the share increase to 206 because

the price of the stock have to increase to above $205 breakeven which is ($200+$5) in order for the option holder to earn a profit or make a gain.

Hence:

$200 + $5

= $205 (breakeven)

Therefore the holder of the call option will earn a profit if the price of the share increases to $206

5 0
3 years ago
The following information on selected cash transactions for 2021 has been provided by Coronado Industries: Proceeds from sale of
geniusboy [140]

Answer:

$100,000

Explanation:

Coronado Industries

CASH FLOW STATEMENT

For the year ended December 31, 2021

<em>Cash Flow from Investing Activities:</em>

Proceeds from sale of land                  $319,000

Less: Purchases of plant assets          ($219,000)

Net Cash used in Investing Activity $100,000

5 0
3 years ago
Read 2 more answers
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