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LiRa [457]
1 year ago
4

Which skills for managers include the ability to see the organization as a whole and to understand how various parts fit togethe

r to work as an integrated unit?
Business
1 answer:
vovikov84 [41]1 year ago
4 0

Conceptual skills are the skills represent a manager's ability to organize and analyze information in order to improve organizational performance. They include the ability to see the organization as a whole and to understand how various parts fit together to work as an integrated unit.

Conceptual skills are wondering skills which let you grasp complex thoughts and provide you with solutions for tough problems. those talents are precious due to the fact they allow people to find many solutions for unique challenges via planned idea and abstract reasoning.

The capability to discover and resolve problems is also an example of conceptual skills. Conceptual management talents require the potential to make brief choices, where required. a few varieties of problem-fixing talents consist of decision-making, essential wondering, logical wondering, multitasking, and troubleshooting.

Those abilities are important within the place of business because they allow experts to think and work through abstract ideas and give you more than one solutions to complex problems. Conceptual abilities also permit humans to apprehend how diverse components of a employer work together to attain commonplace desires

Learn more about Conceptual skills here brainly.com/question/4382381

#SPJ4

You might be interested in
Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the mar
Studentka2010 [4]

Answer:

25%

Explanation:

the margin of safety is the percent of sales which the company is above the break even point.

We solve for the break even point:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{36,000}{0.24} = Break\: Even\: Point_{dollars}

BEP  = 150,000

We solve for the margin of safety:

$ 200,000 - $ 150,000 = $ 50,000

Now we compare against our sales:

$ 50,000 / $ 200,000 = 0.25

5 0
3 years ago
What are some skills many ctsos help their members develop? select two options. friendship leadership test skills career-specifi
Katarina [22]

Leadership and career-specific skills are some skills many CTSOs help their members develop.

What is a CTSO and what are the benefits of joining?

Student development is aided through the Career and Technical Student Organizations (CTSO) program, which teaches students how to build relationships with others, work as a team, and create and achieve goals. enhances leadership abilities. According to research, joining a CTSO encourages the growth of effective leadership abilities.

What is the purpose of CTSO?

An extracurricular group for students in CTE routes called a career and technical student organization (CTSO) allows them to expand their knowledge and skills by taking part in activities, events, and contests.

How CTSOs bring businesses and education together?

Through in-class exercises and initiatives like competitions, CTSOs put learning into practice and offer students one-of-a-kind chances to demonstrate what they've learned. To identify crucial career-ready abilities, CTSOs involve employers in the educational process.

Learn more about Career and Technical Student Organizations (CTSO):

brainly.com/question/22740386

#SPJ4

3 0
2 years ago
Utica Company has offered to supply Kingston's entire annual requirements of the part for $53 each. If Kingston buys the part fr
miss Akunina [59]

Answer:

$480,000

Explanation:

Calculation to determine what total relevant costs to make the part internally are

First step is to calculate Relevant cost per unit:

Relevant cost per unit:

Direct materials $6

Direct labor $24

Variable manufacturing overhead $12

Fixed manufacturing overhead ($15 × 0.40) $6

Relevant manufacturing cost $48

Now let determine the Total relevant costs to make the part internally

Total relevant costs to take the part internally=($48 × 10,000)

Total relevant costs to make the part internally = $480,000

Therefore total relevant costs to make the part internally are $480,000

5 0
3 years ago
If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2, then: ________
Sav [38]

Answer:

b. there are no gains from specialization and trade between the two countries.

Explanation:

If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.

Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.

However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2

Opportunity cost for Country 1 : 1 Apple = 1 Orange

Opportunity cost for Country 2 : 1 Apple = 1 Orange

Then countries will gain no additional benefit from specializing in one good.

7 0
3 years ago
Suppose the Fed decides it needs to pursue an expansionary policy. Assume people hold no cash, the reserve requirement is 50 per
DENIUS [597]

Answer:

Because the current money multiplier is <u>2</u>, the Fed would <u>BUY $500,000</u> worth of bonds, <u>INCREASING</u> the monetary base and so increasing the money supply by $1 million.

Explanation:

if the Fed wants to increase the money supply by $1 million, then it would need to purchase US securities worth $500,000. The formulas used to calculate the impact of the Fed's operations are:

increase in money supply = additional funds x money multiplier

  • money multiplier = 1 / reserve ratio = 1 / 50% =  2
  • desired increase in money supply = $1 million

$1,000,000 = additional funds x 2

additional funds = $1,000,000 / 2 = $500,000

6 0
3 years ago
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