The correct answer to this open question is the following.
How a society's culture affects the values found in the workplace is considerably important to an international business with operations in different countries.
Answer:
Society has a series of elements that identify it due to its culture, beliefs, and traditions. These elements are part of the workplace in that employees and employers have a way to relate to each other in different moments, according to the culture and philosophy of the company.
So when a multinational company starts operations in another country, it has to be very aware of the culture, belief systems, and traditions of the people in that new country.
This is of the utmost importance to avoid misunderstandings. There has to be a kind of fusion of cultures to create a new one that serves the goals of the company, understanding ad respecting the local culture.
Without this understanding, the company is prone to have a bad mood, opposition, and negative attitudes from employees.
Answer:
Explanation:
Opening units 30000
Started 120000
150000
Closing 20000
Transffered 130000
Production Table W.Avg Method
A B C=A+B
Cost Element Complete Closing WIP Equivellant production
units
Material 130,000 20,000 (100%) 150,000
Coversion Cost 130,000 10,000 (50%) 140,000
The Stock A is the riskiest of all the available stock.
Explanation:
Risk perception of the stock is a very important component of the investment industry.
Standard deviation is the most common parameter to evaluate the risk parameter of any stock. It helps an investor in assessing the volatility of the stock and market.
Higher the price more is the volatility and higher would be a standard deviation. A lower price would eventually translate into low standard deviation.
However, it is to be remembered that the standard deviation is not the only measure of risk perception of the stock.
All of these fall under the Bottleneck items of strategic sourcing.
Bottleneck explains situations when there is a high amount of risk and the availability of the item is low. There are not a lot of supplies to pick from but the item is in demand, this leads to procurement problems. Companies use strategic sourcing to try and red the cost of an item while keeping or improving the quality of it.
Answer:
MSE for 3-month MA = 0.0790
for 4-month, it is 0.066
Hence, 4-month MA is better.
Explanation:
In statistics, the mean squared error, MSEor mean squared deviation (MSD) of an estimator that is of a procedure for estimating an unobserved quantity, measures the average of the squares of the errors, that is, the average squared difference between the estimated values and the actual value.
This is used to ascertain the preferred or better forecast from 2 or more given parameters.
Kindly check the attachment for the step by step explaination of the MSE forecast.
