1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rewona [7]
2 years ago
5

MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are

translated into divisional objectives, which are translated into departmental objectives. The hierarchy ends in individual objectives set by each employee. This is an example of MBO working as objectives ______ through the organization.
Business
1 answer:
Marina CMI [18]2 years ago
4 0

Answer:

Cascade down.

Explanation:

MBO means Management by Objectives.

Is a program that encompasses:

-specifict goals

-participatetively set

-for an explicit time period

-with feedback on goal progress

MBO operationalizes the concept of objectives by devising a process by which objectives cascade down through the organization.

The result is a hierarchy of objectives that links objectives at one level to those at the next level.

For individual employee, MBO provides specific personal performance objectives.

The cascade down of objectives is:

1 Overall organizational objectives

2 Divisional objectives

3 Departamental objectives

4 Individual objectives

You might be interested in
Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 3% of credit sales, (2)
Genrish500 [490]

Answer:

1.

Date                   Account Title                                             Debit          Credit

Dec. 31             Bad debt expense                                    $9,000

                        Allowance for doubtful accounts                                 $9,000

Working

= 3% * 300,000

= $9,000

2.

Date                   Account Title                                             Debit          Credit

Dec. 31             Bad debt expense                                    $12,000

                        Allowance for doubtful accounts                              $12,000

Working

= 1% * total debt

= 1% * (900,000 + 300,000)

= $12,000

3.

Date                   Account Title                                             Debit          Credit

Dec. 31             Bad debt expense                                    $12,500

                        Allowance for doubtful accounts                              $12,500

Working

= 6% * Accounts receivable

= 6% * 125,000

= $7,500

As the Allowance account is in debit, it means that bad debt exceeded the allowance so this balance needs to be added to properly cater for bad debts.

= 7,500 + 5,000

= $12,500

8 0
3 years ago
The "too big to fail" policy of the Fed, whereby some banks are bailed out if they are in danger of failing because they are too
Jlenok [28]

Answer:

c.Moral hazard

Explanation:

Moral hazard can occur when banks take on excessive risk more than they would normally take on because they know they would be bailed out if they fail.

I hope my answer helps you

5 0
3 years ago
Which of the following financial institutions has a membership requirement?
Dima020 [189]
A credit union often requires that its clients be members who own a share in the company.
5 0
3 years ago
Read 2 more answers
Ahmed Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and me
vazorg [7]

Answer:

Budgeted amounts:                 June              July              August

1. Purchases                             $1,480,000   $1,570,000   $1,220,000

2. Cost of goods sold              $1,240,000   $1,770,000   $1,190,000

Explanation:

The computations are shown below:

1.

Budgeted amounts:                 June              July              August

Ending accounts payable         $130,000    $300,0000    $120,000

Payments on account              $1,500,000  $1,400,000     $1,400,000

Subtotal                                  $1,630,0000 $1,700,000      $1,520,000

Beginning accounts payable  ($150,000)     ($130,000)      $300,000)

Purchases                                $1,480,000   $1,570,000     $1,220,000      

2.

Budgeted amounts:                 June               July                   August

Beginning inventory                 $260,000      $500,000      $300,000

Purchases                                 $1,480,000   $1,570,000     $1,220,000      

Cost of goods available for sale  $1,740,000 $2,070,000  $1,520,000

Ending inventory                         (500,000)     (300,000)     (330,000)

Cost of goods sold                      $1,240,000   $1,770,000   $1,190,000

 

7 0
2 years ago
Lara Technologies is considering a cash outlay of $239,000 for the purchase of land, which it could lease out for $39,450 per ye
Gwar [14]

Answer:

kOUC VWDODU gaiyw vwiyd viyqdc8y1rv8eyc8eyvc8wyfvy82

8 0
3 years ago
Read 2 more answers
Other questions:
  • Who is the watchdog over spending of funds?
    12·1 answer
  • 18. A company is in its first month of operations. On January 15, the company receives $600 from customers who will receive 10 v
    13·1 answer
  • Check-in, Incident Action Planning, Personal Responsibility, and Resource Tracking are all necessary to ensure ______.
    10·1 answer
  • RT is about to loan his granddaughter Cynthia $10,000 for 1 year. RT’s TVOM, based upon his current investment earnings, is 12%,
    11·1 answer
  • Kimberly Payne and Arionna Maples decide to form a partnership by combining the assets of their separate businesses. Payne contr
    10·1 answer
  • What is buisness studies​
    14·2 answers
  • Consider two cigarette companies, PM Inc. and Brown Inc. If neither company advertises, the two companies split the market and e
    9·1 answer
  • Creative Sound Systems sold investments, land, and its own common stock for $32.0 million, $15.2 million, and $40.4 million, res
    9·1 answer
  • Ms. Jones wants to make 14​% nominal interest compounded quarterly on a bond investment. She has an opportunity to purchase a 12
    7·1 answer
  • Describe the customer intimacy and operational excellence related information problems that drove PepsiAmericas to adopt a more
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!