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Karolina [17]
3 years ago
10

'Nagia Steel Pvt. Ltd.' has divided the whole of its business into five departments. Now the

Business
1 answer:
iVinArrow [24]3 years ago
3 0

Answer:

Generally speaking, there are five functions of Management. They are:

  • Setting Objectives
  • Planning
  • Execution
  • Measurement
  • Control

The two functions of management identifiable from the passage are:

  1. The setting of Objectives and
  2. Control

Explanation:

Objectives in business are multilateral in nature. They speak to

  • Identifying where the company wants to go
  • How the company is going to get there
  • Who the company will need to get there and
  • What the company will need to get there

In the passage above, the company via it's general manager is defining clearly those the company will need and what each person's role is in helping to achieve such objectives

It is not the responsibility of the employee to define his or her own job or objectives. It is the responsibility of Management.

With regard to the second function which we will identify as Control, when management admits employees, there has to be structure otherwise there would be chaos.

It is the function of management to clearly define reporting lines. Who reports to whom? Who is responsible for overseeing who? Who will lead what team? etc.

We see from the passage that the general manager distributed jobs according to each employees ability. And in doing so also defined reporting lines.

This is an example of the Control function of management.

Cheers!

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The cost of grading and spreading gravel on a curvy rural road is expected to be $300,000. The road will have to be maintained a
Andrej [43]

Answer:

1.51

Explanation:

Calculation for the conventional B/C ratio

First step is to calculate B

B = $900,000(200%) -$900,000

B= $1,800,000-$900,000

B=$900,000

Second Step is to calculate C

C = $300,000 + $26,000(P/A,6%,20)

C= $300,000 + $26,000(11.4699)

C=$300,000+$298.218

C= $598,218

Last step is to calculate B/C ratio

Using this formula

B/C ratio=B/C

Let plug in the formula

B/C ratio = 900,000/598,218

B/C ratio= 1.5044

B/C ratio=1.51 Approximately

Therefore the conventional B/C ratio will be 1.51

4 0
3 years ago
In an electric motor, a commutator
Basile [38]

Answer:

ook

Explanation:

ook

4 0
3 years ago
8. Effective Yield. A US investor obtain British pounds when the pound is worth $1.50 and invest in a one year-money market secu
Juliette [100K]

Answer:

6.4%

Explanation:

money invest = $1.50 or 1£

interest earned = 1£ x 5% = 0.05£

total returns = 1.05£

now we convert them back to dollars = 1.05£ x $1.52/£ = $1.596

effective yield = (total return - initial investment) / initial investment = ($1.596 - $1.50) / $1.50 = 6.4%

4 0
3 years ago
What is the third rule to normalize a database?
Anastasy [175]

Answer:

If the first rule is observed, the database is said to be in "first normal form." If the first three rules are observed, the database is considered to be in "third normal form." Although other levels of normalization are possible, third normal form is considered the highest level.

8 0
3 years ago
Read 2 more answers
An analytical tool used in six-sigma quality improvement programs is which of the following? A. LeadershipB. Continuous improvem
madam [21]

Answer:

E. Checksheets

Explanation:

Check Sheets

It is a form of document , which is used to collect data and information in the real time , at the very location , where it is generated .

The data collected can be qualitative and even quantitative in nature .

In case the data or the information is quantitative , then the check sheet can also be called as a tally sheet .

3 0
3 years ago
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