Answer:
1. Pat is Middle Level.
Pat is trying to implement the strategic goals of the company which are set by Top Management. That would make Pat a Middle level manager.
2. Rick is Top Level.
Rick is developing the policies for the entire company which would place Rick at Top Manager level.
3. Daisy is a First-line Manager
Daisy is responsible for the loading products such that it is done effectively. This is an operational duty which would place Daisy at First-line level.
4. Ruth is a First-Line Manager
Ruth directs art staff who are non-managers which would make Ruth a first-line manager
5. Gary is Top Level
By developing projections on long term growth, that means Gary contributes to strategic decisions thereby making Gary top level.
6. Greg is Middle Level
Greg is in charge of first line managers which places him directly on top of them which means he is a middle level manager.
7. Mike is a Team Leader
Mike is in charge of the team which is the textbook role of a team leader.
8. Nancy is a Team leader
The members of the team go to Nancy when they need to resolve conflict or when they want to coordinate their activities. As the team leader is in charge of team coordination, Nancy must therefore be a team leader.
Answer:
in this scenario, susan and sam has not done any wrong things.
but Martin has manipulated sam to take revenge from susan for firing him.
so in this case, no susan is not obliged to pay. she can take action against martin and after proving in a court of law about martin's manipulation, he will be liable to pay.
Explanation:
Answer:
Expenses to be apportioned to Retail Division $68,992
Expenses apportion to Commercial Division
$9,408
Total Expenses $ 78,400
Explanation:
Hardy Company Computer Technology Dept. expenses to be apportioned to Retail Division and Commercial Division.
Total Expenses $ 78,400
Hours used by Retail Division 9,856
Hours used by Commercial Division 1,344
Total hours put in by Computer Tech Dept. 11,200 Hours
Therefore, expenses to be apportioned to Retail Division
= 9,856/11,200 X $ 78,400
= $68,992
Expenses apportion to Commercial Division
= 1,344/11,200 X $78,400 = $9,408
Total Expenses $ 78,400
Answer:
ROI 15%
Residual Income $1,350,000
Explanation:
Residual Income is the difference between net income of the company and the required rate of return. It determines the excess of income generate than the minimum return. The formula to calculate the residual income is,
RI = Net operating Income - (Required rate of return * Cost of operating assets)
RI = $4,500,000 - (21% * $15,000,000 )
RI = $1,350,000
ROI = 
Capital Employed = Sales - Average operating assets
ROI = 15%
Residual income is positive when the department has meet the minimum return requirement. Minimum return is the return that is required by the company stakeholders. The particular projects and activities are selected on the basis of residual income.
Answer:
diversification
Explanation:
because it is a technique that reduce risk by allocating investments across various industries
