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julsineya [31]
4 years ago
10

General Plastics Corporation instituted a new absenteeism control policy that took effect the first day of June. It expects the

new policy to result in a 25 percent reduction in absenteeism the first year. Like the previous policy, the new program counts vacation days as absenteeism. On the first of September, the personnel director evaluated the results of the program for the first three months and was disappointed to find that absenteeism had dropped only half of 1 percent.
What is the likely problem?

a. Employees are resisting control.
b. The indicator of success was inappropriate.
c. Control is inappropriately focused.
d. The standard is not specific enough.
e. A reduction of 25 percent is too much to hope for.
Business
1 answer:
True [87]4 years ago
6 0

Answer: B. The indicator of success was inappropriate.

Explanation:

The new policy was implemented to get 25% reduction in absenteeism. However, if vacations are also counted as absenteeism how would one specify if the policy introduced was successful or not?

Therefore, the success parameter was vague and there should be other parameters in order to judge the success of the new policy implemented.  

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Listed below are the top 10 annual salaries​ (in millions of​ dollars) of TV personalities. Find the​ range, variance, and stand
Juli2301 [7.4K]

Answer:

$24.7million

$97.86million

$9.89million

Explanation:

 

From the sample , the lowest number is 16.3 and the highest number is 41, the range is

41-16.3

=$24.7 million

 

 

Σ \frac{(x-x_{mean} )^2}{n}

 

In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3  )/10

mean=26.81

 

Using that, we can find the variance:

[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million

 

The standard deviation is just the square root of the variance:

standard deviation=√(var)

 

, the standard deviation is the square root of 97.86, which equals ​$ 9.89 million

4 0
3 years ago
in a typical balance of payments crisis part 2 a. the interest parity curve shifts out. b. the interest parity curve shifts in.
Wewaii [24]

In a typical balance of payments crisis part the interest parity curve shifts in. Capital exodus results from downward pressure on interest rates, whereas imports rise as income levels rise.

As a result, the exchange rate depreciates, moving the BP curve to the right. The I and Y combinations that result in balance of payments equilibrium are provided by the BP curve. A given domestic price level, a certain currency rate, and a specified net foreign debt are used to build the BP curve. When the capital account deficit equals the current account surplus, equilibrium has been reached. Interest rates between two countries must be equal for interest rate parity to persist in a fixed exchange rate regime.

To learn more about payments, click here.

brainly.com/question/15138283

#SPJ4

6 0
1 year ago
Which one of the following best illustrates that the management of a firm is adhering to the goal of financial management?a. Inc
evablogger [386]

Answer:

The best illustration of a firm adhering to the goal of financial management is:

b. Decrease in the per-unit production costs

Explanation:

Financial management is the process by which a firm plans, controls and monitors their financial resources to ensure that the cost is minimized, while at the same time maximizing their profit. Since financial resources is the fuel that drives a business, its usage has to be managed to ensure short-term and long-term financial success. This is done by increasing the value creating efficiency with very minimal financial resources. To achieve the goal of financial management, various strategies have to be applied to achieve this goal. They include;

1. Financial planning: good financial management indicates that a firm needs  have prior information on how their business operates. With this information, the financial managers can therefor plan for the future. Each firm has it's organizational and operational financial needs. These needs if known earlier, a financial plan can be drafted and implemented to adequately meet these needs.

2. Budgeting: this is a tool that can be used to know how much a firm is willing to spend in terms of cost. Budgets are usually broken down into categories in order to know which sectors utilize the highest amount of financial resources to minimize wastage.

3. Risk management: a firm needs to first assess sources and levels of risk, then mitigate against the risk. Risk mitigation if done appropriately can help save on costs associated with the risk.

4. Monitoring: all the strategies applied need to be constantly evaluated to ascertain that they are productive. This is beneficial in determining the strategies that work and those that need improvement.

In our case the best illustration of a firm adhering to the goal of financial management is a decrease in the per-unit production costs.

6 0
3 years ago
How can you avoid spending more than what is in your
zimovet [89]

Answer:

keep your own records to compare with your financial institutions records

4 0
3 years ago
Which factor supports maintaining a dual income?
lions [1.4K]
<span> The factor  that supports maintaining a dual income is
opening a joint bank account 
by this only you can support dual income
so correct option among above is  D
hope it helps</span>
8 0
4 years ago
Read 2 more answers
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