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Alex787 [66]
3 years ago
13

Workplace Messaging and Texting

Business
1 answer:
Evgesh-ka [11]3 years ago
3 0

Answer:

The questions are in three parts, so I will group them accordingly and only write out the checked answers.

Part 1: What benefits will you mention to your supervisor? Check all that apply.

IM enables real-time communication anywhere in the world

IM is a convenient alternative to the telephone

Part 2: Which option is the best practice to avoid security issues?

Do not send confidential or sensitive information via IM or text

Part 3: Which texting guidelines does Jeanne ignore in this situation? Check all that apply.

Alert the sender when the sender has sent you a message by mistake

Don't text in inappropriate situations

Explanation:

Part 1: Instant Messaging (IM) enabling real time communication means that communication can be done without delay in delivery, and this is of advantage in a workplace especially one that is large and has sub-units because the barrier of distance is breached. For example, if a member of the team is not present at work and an information is needed urgently from him/her, using IM that person can be reached easily and a response gotten immediately.

Also, IM is a convenient alternative to the telephone because it is a cheaper alternative, more information can be passed and communication can take place at a lower cost. Besides this, it ensures the maintenance of a more serene environment at work because it is a non-audible form of communication as opposed to telephone, which is an audible form of communication and can cause noise pollution in the work place if a large number of workers are talking at the same time and if they are talking loudly too. Thirdly, because it is a visual form of communication, discrete and personal information can be passed without the other workers hearing or knowing about it.

saying that IM allows for speedy recovery of lost documents may not be helpful in this situation because first of all, the supervisor will have a sense that using IM will promote carelessness, because of the ease to recover lost documents and it is not entirely true that IM can be used to recover lost documents, it is mainly for communication and uses text messages.

Part 2: IM like every other virtual forms of communication is easily prone to security mishaps, because a glitch in the transmission channel can lead to sensitive information being lost or exposed to inappropriate audience, hence as a best practice to avoiding security issues, sensitive or confidential information should be as much as possible not be sent using IM or text.

The other options; respecting receivers by using good grammar and proper spelling and making oneself unavailable does not have anything to do with improving security so they remain unchecked.

Part 3: guidelines are made to prevent abuse and misuse, the same applies for texting especially in the workplace. From the scene described in the third part, Jeanne, knowing that the sender sent the wrong message should have prompted the sender on this because this could have easily been avoided if the information was passed person-to-person, since the sender is seeing the receiver so he/she knows which particular Jeanne to talk to, so, responding to a message that is not meant for you is a default in the use of texting. Secondly, Jeanne was in the middle of a conversation when the text came in, since the situation was not urgent, she could have finished with the conversation with her supervisor before responding to the text message so she violated another texting guideline. Now just imagine that you were Jeanne's supervisor, how would you feel when she abruptly pauses your conversation to respond to a text message.

The first option is actually true, sad news or sensitive business matters are not passed via text messaging but it does not apply in the context described, while not expecting instant reply is not a guideline.

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Answer:

A. $50 increase

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The change in net cash provided by operation is shown below:

= Investment made - purchased goods on credit - paid amount

= $300 - $150 - $100

= $50

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Erin Shelton, Inc., wants to earn a target profit of $960,000 this year. The company’s fixed costs are expected to be $1,320,000
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Answer:

1. Break-even sales = $2,200,000

2. Net Income = $0

3. Sales = $3,800,000

4. See explanation section

5. Margin of safety = $1,600,000

Margin of safety (%) = 42.11%

Explanation:

Requirement 1.

We know,

Break-even sales = Fixed expense ÷ Contribution Margin Ratio

Given,

Expected Fixed expense = $1,320,000

Contribution Margin Ratio = Contribution Margin ÷ Sales Revenue

As we do not have contribution margin and Sales Revenue, we have to use variable costs that is expected to be 40% of sales. Therefore,

Contribution Margin Ratio = Sales (%) - variable costs (%) = 100% - 40% = 60%

Therefore, Break-even sales = $1,320,000 ÷ 60%

Break-even sales = $1,320,000 ÷ 60%

Therefore, Break-even sales = $2,200,000

Requirement 2.

                         Erin Shelton, Inc.

Contribution Margin Income Statement format

For the year ended, December 31, Current year

Sales Revenue                                          $2,200,000 (<em>Requirement 1</em>)

<u>Less: Variable expense (40% of sales)         880,000</u>

Contribution Margin                                  $1,320,000

<u>Less: Fixed Expense                                   1,320,000</u>

Net operating Income                                        0

In break-even sales, total fixed expense = total contribution margin, therefore, no income or loss.

Requirement 3.

We know,

This year, To attain profit, sales = (Fixed expense + Target Profit) ÷ Contribution Margin Ratio

Given,

Expected Fixed expense = $1,320,000

Target Profit = $960,000

Contribution Margin Ratio = Contribution Margin ÷ Sales Revenue

As we do not have contribution margin and Sales Revenue, we have to use variable costs that is expected to be 40% of sales. Therefore,

Contribution Margin Ratio = Sales (%) - variable costs (%) = 100% - 40% = 60%

Therefore, To attain profit, sales = ($1,320,000 + $960,000) ÷ 60%

To attain profit, sales = $2,280,000 ÷ 60%

Therefore, To attain profit, sales = $3,800,000

Requirement 4.

Using To attain profit, sales = $3,800,000 (From Requirement 3) to find the net operating income

                          Erin Shelton, Inc.

Contribution Margin Income Statement format

For the year ended, December 31, Current year

Sales Revenue                                          $3,800,000 (<em>Requirement 3</em>)

<u>Less: Variable expense (40% of sales)        1520,000</u>

Contribution Margin                                  $2,280,000

<u>Less: Fixed Expense                                   1,320,000</u>

Net operating Income                                $960,000

Requirement 5.

We know,

Margin of safety = (Current sales - Break-even sales)

<em>From Requirement 1, we get, Break-even sales = $2,200,000</em>

<em>From Requirement 3, we get, Current sales = $3,800,000</em>

Margin of safety = $3,800,000 - $2,200,000

Therefore, Margin of safety = $1,600,000

Margin of safety as percentage = [(Current sales - Break-even sales) ÷ Current sales] × 100

Margin of safety = ($1,600,000 ÷ $3,800,000) × 100

or, Margin of safety = 0.42105 × 100

Margin of safety = 42.11%

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Answer:

D. More Units may be sold - but total revenue will be less than it would be at the higher price

Explanation:

Marginal Revenue (MR) represents the additional revenue that can be obtained if sales of a product are increased by one unit.

MR= is change in Total Revenue/Change in Total Output Quantity

In this situation as envisaged by the Marketing Manager, a price cut will lead to an increase in revenue based on more (marginal) units of the product sold at a lower price. The challenge, however, is that this increase in income will not be enough to offset the decrease in revenue that will result as a result of the price cut.

In other words, the organisation is better off selling fewer products or units at its current price than sell more (marginal units) at a reduced price.

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The production of automobiles is an illustration of production. Parts are put together to create cars. For instance, metal bodywork are given rubber tyres so that seats can be placed before the car rolls off the assembly line.

One of the most crucial steps in the manufacturing process, production is fundamental to what it means to be a manufacturer.

To learn more about production from the given link:

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