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4 years ago

Because customers participate directly in the service process, the success of technological innovation is dependent upon:

1 answer:

5 0

<span>Because customers often participate directly when it comes to the service process, the success of any technological innovation is highly dependent on customer acceptance. This means that if the customers don't like the product or something about it, a technological innovation will not find a place in the main stream and will be unable to succeed.</span>

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Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of

Vinvika [58]

The correct option is :<u> Allowing</u><u> employees</u><u> the opportunity to be a part of the</u><u> budget </u><u>process.</u>

<h3>What is Budget?</h3>

A budget is a plan on how a business will attain its profits objectives. It shows how a firm will allocate its scarce resources to various units to achieve its overall goals. A budget can be prepared on a bottom-up basis where each department sets its targets under the guidance of top management. The top management can also prepare the budget and pass it down to various units for implementation.

When a budget is prepared from bottom to top, employees get involved in the process. It makes them own the document and its objectives. The employees will feel motivated to work as a team to meet their targets. A budget indicates the direction where the business is heading. If employees are involved in the budgeting process, they will help management to steer the company in the intended direction.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of the following situations will not lead to human behavior problems:

a. Setting goals among managers that conflict with one another.

b. Setting goals too tightly making it difficult to meet performance expectation.

c. Allowing employees the opportunity to be a part of the budget process.

d. Allowing goals to be so low that employees develop a "spend it or lose it" attitude.

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3 0

2 years ago

Your first morning in your new office, you reflect on what type of manager and leader you hope to be. Which of the following bes

d1i1m1o1n [39]

Answer:

a. Employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

Generally, leaders use their powers to get other people to follow them. Some forms of power result from a formalized position in the organization while others are derived from personal characteristics or knowledge.

Basically, when a leader possesses and favors referent power (strong interpersonal relationship skills with subordinates), he or she would have a strong and productive working relationship with his subordinates (employees) because it encourages loyalty.

Hence, employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.

3 0

3 years ago

You are bullish on Telecom stock. The current market price is $50 per share, and you have $5,000 of your own to invest. You borr

Olenka [21]

Answer:

12%

Explanation:

Initial investment =$5,000.00

Value of stock with 10%=$10,000*(1+10%)=$11,000

The amount repayable to the broker after one year is the amount borrowed plus interest of 8%

Amount borrowed plus interest= $5,000+( $5,000 *8%)

Amount borrowed plus interest=$5,400

Rate of return=(Value of stock with 10%-Amount borrowed plus interest-equity fund)/amount borrowed

Rate of return=($11,000-$5,400-$5000)/$5,000=12%

6 0

3 years ago

A nation's GDP is______________.

Stels [109]

Answer:

A nation's GDP is______D________.

A) The sum of value added at some stage of the production process

B) The total amount of money in circulation

C) The total market value of all intermediate goods and services

D) C+I+G+(X-M)

Explanation:

A nation's GDP( Gross Domestic Product) can be explained in such that if a nation produces goods and services at a given period of time the nation's GDP is the market value of the goods and service produced at the given time.GDP of a nation is measred in two ways either expenditure approach or income approach. based on the question the Expenditure approach is used in the definition C+I+G+(X-M)

C ....... CONSUMPTION

I............INVESTMENT

G........... GOVERMENT PURCHASE

X-M............ NET EXPORT

7 0

4 years ago

The Fed wants to increase the money supply (which is currently $4,000) by $200. The money multiplier is 3, and people hold no ca

Greeley [361]

Fed can achieve its goals using the given tools as shown below.

<h3>What is money supply?</h3>

The money supply (or money stock) in macroeconomics refers to the entire volume of currency held by the public at a given point in time.
There are numerous definitions of "money," but common measures often include currency in circulation and demand deposits (depositors' easily accessible assets on financial institutions' accounts).
A country's central bank may utilize a definition of what constitutes legal money for its own reasons.
Money supply data is recorded and released, typically by a government agency or the country's central bank.
Changes in the money supply are monitored by public and private sector experts because it is believed that such changes affect the prices of securities, inflation, exchange rates, and the business cycle.

In the given situation, Fed can achieve its goals using the given tools:

Change the reserve requirement - The Fed should lower the reserve requirement to 48 ± 1 percent.
Change the discount rate - The Fed should lower the rate by 12.50 ± 0.01 percentage points.
Use open market operations - The Fed should buy $125.00 ± 0.01 worth of bonds.

Therefore, Fed can achieve its goals using the given tools as shown.

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The complete question is given below:
The Fed wants to increase the money supply (which is currently $5,000) by $250. The money multiplier is 2, and people hold no cash. For each 1 percentage point, the discount rate falls, and banks borrow an additional $10. Explain how the Fed can achieve its goals using the following tools:

a. change the reserve req.

b. change the discount rate.

c. use open market operations.

5 0

2 years ago