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Luden [163]
3 years ago
11

As a manager of a retail-clothing store, Lance favors detailed job descriptions, formal rules and regulations, detailed records,

and standardized procedures. He also believes that staffing and promotion decisions should be based strictly on the qualifications of the people under consideration. Lance's attitudes suggest that he is strongly influenced by the ideas of:____________
Business
1 answer:
Alchen [17]3 years ago
6 0

Answer:

Lance’s attitudes are strongly influenced by the ideas of Bureaucratic theory

Explanation:

Bureaucratic theory was coined by Max Weber. Lance’s attitudes in this case relate to the various rules of a bureaucracy such as division of labor, formal selection procedure, and impersonality.  

Concerning the formal selection procedure, staffing should be done on the basis of the most qualified and competent people in order to fulfill organizational goals.  

Under the division of labor rule, employees’ there is clear definition of responsibility and authority of each employee.  

Under the formal rules and procedures, bureaucracy requires managers to depend on these formal organizational rules when engaging employees.    

Finally, impersonality rule requires rules and procedures to be applied to everyone uniformly.  

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Assume that a new law is passed which restricts investors to holding only one asset. A risk-averse investor is considering two p
gayaneshka [121]

Answer:

(C) Asset Y, since its coefficient of variation is lower and its expected return is higher

Explanation:

Given the various probabilities (P) and returns (R) for Asset X and Asset Y, their expected return is computed as follows.

Asset X = Summation(P_{r} *R_{x} )

= (0.1*-3%) + (0.1*2%) + (0.25*5%) + (0.25*8%) + (0.3*10%)

Expected return (Asset X) = 6.15%

Asset Y = Summation(P_{r} *R_{y} )

= (0.05*-3%) + (0.1*2%) + (0.3*5%) + (0.3*8%) + (0.25*10%)

Expected return (Asset Y) = 6.45%.

Due to its higher expected return, Asset Y should be preferred.

The answer is option C because it contained a statement that Asset Y has a higher expected return.

Option (B) is wrong because we are not certain if Asset Y has a lower beta. We were not given any information to compute the beta.

Options (A), (D) and (E) are wrong because they did not specify Asset Y has the preferred asset.

5 0
4 years ago
Knowledge about operant conditioning has greatly influenced
Basile [38]

Answer:

A

Explanation:

5 0
3 years ago
Jamal lost his job as a shipbuilder during 2004. His shipyard never reopened, and so his very specialized skills are no longer i
Kipish [7]

Answer:Structural unemployment

Explanation:

6 0
3 years ago
Which of the following is not a source of income?
attashe74 [19]

Answer:

Explanation:

B.)Your annual salary for doing your job.

7 0
3 years ago
A bond with a face value of $100,000 and a quoted price of 102¼ has a selling price of:
ANTONII [103]

Answer:

d. $102,250.

Explanation:

The computation of the selling price is shown below:

= Bond face value × quoted price

= $100,000 × 1.0225

= $102,250

To determine the selling price we multiplied the bond face value with the quoted price so that the accurate selling price can come.

We simply fraction the quoted price and then divide it by 100

In mathematically,

= 409 ÷ 4

= 102.25 ÷ 100

= 1.0225

3 0
3 years ago
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