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DENIUS [597]
4 years ago
13

Case Study: A Good Team PlayerTopic: Leadership Involved Parties:• Steven, Assistant Department Manager• Kristin, Newly appointe

d supervisor of Steven's work teamHaving done well as a staff accountant in the accounts payable section of a major industrial firm for several years since his graduation from college, Steven felt that he had learned much about the "ins" and "outs" of survival in an intensely bureaucratic organization. It is thus not surprising that he was relaxed and unconcerned about his circumstances at the company as he entered the employee lounge to attend the late-afternoon welcoming reception for his new supervisor.The new manager of accounts payable, Kristin, had been transferred to Steven’s division from a similar position in another subsidiary of the company because of her proven talent for organizing and improving the efficiency of operations there. A no-nonsense type of manager, Kristin was experienced and determined to perform her new assignment with the same vigor that had brought her so much success throughout her career.At the reception, Kristin circulated through the room, introducing herself to her new subordinates and asking each of them if they had any suggestions that would help make the payables section a better place to work. When she approached Steven, he told her about something that had been on his mind lately: that people seemed to him to gain promotions and be given opportunities to work overtime based on who liked them and not on the quality of their work. In reply, Kristin politely stated that she would do everything that she could to see that whatever it was he was referring to would have no place in the team she would lead.Upon his arrival at work the next day, Steven received a phone call from Kristin’s secretary asking that he meet with his new boss later that morning. He had barely entered her office for the meeting when she looked him straight in the eye and said, "I will not tolerate individuals in this organization who are not good team players. Yesterday afternoon you led me to believe that there are people in this office who are not acting in the best interests of the company, and I want to know who. I want you to tell me the names of the managers you were referring to note, and keep me informed if you see anyone hurting this company, or I’ve got to think that maybe you’re part of the problems around here." Stunned by both the tone and content of her statement, Steven quickly tried to think of a way to respond.Question1. Identify all practical constraints
Business
1 answer:
daser333 [38]4 years ago
8 0

Explanation:

Remember, it was first mentioned that Steven felt that he had learned about survival in an intensely bureaucratic organization. Thus, circumstances at the company such as promotions and opportunities to work overtime being given based on personal preferences, not on the quality of work were not much of a problem to him.

Second, the request by Kristen for Steven to tell her the names of the managers that were been biased was constraining because his relationship with those Managers would be affected.

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<h3><u>Explanation:</u></h3>

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With the quality of any products or services to be good, it can easily attain competitive advantage and stay in a competitive market.In the given example, the product of a company which is tire is expensive when compared to the competitors. They are expensive because they have good durability and can perform better during harsh conditions of roads. Thus, through the superior quality, the tire company has achieved competitive advantage.

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Maribel is a manager of a manufacturing firm. Her job is to structure the human and other resources of the firm so that the firm
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Maribel is involved in the management function of <u>Operation</u>

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What impact do you think the following events will have on long run economic growth? Why?
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Answer:

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c) The government of Tempestia is improving the judiciary, granting it independence and credibility. This will result in more economic growth because now both citizens, and international investors have more confidence in the country, since they feel that their property rights will be enforced, giving them an incentive to invest and take risks.

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5 0
4 years ago
Green Corporation has total sales revenues of $400,000. If its total fixed costs are $70,000 and its total variable costs are $1
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Answer:

Part 1

the contribution margin is $220,000

Part 2

the net change in operating income is $270,000

Part 3

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Explanation:

Green Corporation Contribution Margin Statement

Sales revenues                 $400,000

Less Variable costs          ($180,000)

Contribution                      $220,000

Less Fixed Cost                 ($70,000)

Net Income                         $150,000

Frost Company Contribution Margin Statement

Contribution  ($49 x   10,000)                  $490,000

Less Fixed Cost                                         ($70,000)

Net Income                                                $420,000

Change = $420,000 - $150,000 = $270,000

Stanley's Bicycles Contribution Margin Statement

Sales Revenue ($750 x 200)                     $150,000

Less Variable Costs :

Cost of Sales ( $600 x 200)                     ($120,000)

Commission ($150,000 x 15%)                  ($22,500)

Contribution                                                   $7,500

Less Fixed Costs

Rent expense                                                ($1,400)

Salaries                                                         ($3,000)

Net Income                                                     $3,100

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