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10 months ago

When it comes to executing plans, what is the role of a manager?

Business

1 answer:

tiny-mole [99]10 months ago

8 0

When it comes to executing plans, the role of a manager is controlling and problem solving.

<h3>Who is a manager?</h3>

Managers supervise the activities of others in order to achieve goals. Managers in the modern workforce may be in charge of systems or specific functions that do not involve humans.

A manager has several responsibilities in an organization. One of them is concerned with carrying out the plan devised to achieve organizational objectives. A manager uses this plan to control and solve problems that may arise while carrying out the plan, as well as to make necessary adjustments.

For example, compare actual results to planned results and make adjustments as needed.

Learn more about managers on:

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A __________ is a group of products that are closely related because they satisfy a class of needs, are used together, are sold

konstantin123 [22]

Answer: product line

<span>A group of products which are closely related, under a single brand which satisfies same needs, are used together and are sold to the same group of customers, distributed through the same company is called product line. </span>

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3 years ago

our Grandfather wants to establish a scholarship in his father’s name at a local university and had stipulated that you will adm

inn [45]

Answer:

The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.

Explanation:

Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.

Given data;

Amount needed to be deposited = $5000

Interest rate = 4.50%

Present Value of Perpetuity = Cash Flows ÷ Interest rate

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= $111,111

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2 years ago

The management at an auto manufacturer planned to terminate production due to labor issues that were consuming most of the profi

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Answer:

Decertification

Explanation:

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2 years ago

Determine the (a) working capital, (b) current ratio, and (c) quick ratio. Round ratios to one decimal place.The following data

kramer

Answer:

a. The working capital is $625,000

b. The current ratio is 2.82

c. The quick ratio is 2.08

Explanation:

In order to calculate the working capital first we need to calculate the Current Assets and the Current Liablities as follows:

Current Assets = Cash + Accounts receivable + Inventory + Prepaid Expenses + Temporary investments

= 154,000+210,000+240,000+15,000+350,000

=$969,000

Current Liablities = Accounts payble + Accrued liablities + Income tax payable + Notes payable,short term

= 245000+4000+10000+85000

=$344,000

a. Therefore, working capital = Current Assets - Current liabilities

= 969000 - 344000

= $625,000

b. To calculate the current ratio we have to use the following formula:

current ratio = Current Assets / Current liabilities

=969,000 /344,000

= 2.82

c. To calculate the quick ratio we have to use the following formula:

quick ratio = (Cash + Accounts receivable + Temporary investments ) / Current liabilities

= (154,000+210,000+350,000) / 344,000

= 2.08

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3 years ago

A company's income statement showed the following: net income, $136,000 and depreciation expense, $33,600. An examination of the

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3 years ago