All categories

3 years ago

Career skills refer only to the simple tasks employees perform. True or False

Business

2 answers:

mojhsa [17]3 years ago

6 0

Answer:

False

Explanation:

A career skill is a knowledge / technical knowledge you have or must have acquired in the course of your career that enables you perform optimally while performing a task at your workplace or place of business.

these skills go way beyond performing simple tasks at work. these career skills help you to improve as you move ahead in your career and also at your various tasks that you must accomplish at work. although career skills are not limited to your current job.

taking on a professional course related to your career choice and also talking to human resource that is related to your career and taking on reasonable career challenge will help you improve on your career skills overall.

Eva8 [605]3 years ago

3 0

It would most likely it would be false

You might be interested in

When marketers _____, they take into account the fact that customers are different, customers change, competitors change and rea

butalik [34]

Answer:enter into the strategic marketing process

Explanation:

4 0

2 years ago

Do all choices have costs?

expeople1 [14]

For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice

5 0

3 years ago

Data Screen Corporation is a highly automated manufacturing firm. The vice president of finance has decided that traditional sta

Sedaia [141]

Answer:

1. MCE = 21.42%

2. Delivery Cycle Time 22 days

Explanation:

The Manufacturing Cycle Time is given by the formula:

Manufacturing cycle time = Inspection Time + Process Time + Move Time + Queue time

Here we have

Inspection time =1.5 days

Processing time =3.0 days

Move time =2.5 days

Queue time= 7.0 days

Wait time= 8.0 days

Manufacturing Cycle Time = 1.5+3.0+2.5+ 7.0= 14.0 days

MCE= Manufacturing Cycle Efficiency Time= Process Time/ Processing Time + Inspection Time + Move Time + Queue time

MCE = 3/ 14=0.2142= 21.42%

It means that MCE consists of 21.42 %actual processing and 79 % consists of non value added activities.

2. Delivery Cycle Time= Manufacturing Cycle Time + Wait time

Delivery Cycle Time= 14.0 days + 8.0 days= 22.0 days

The difference between wait time and queue time is that wait time is the time when the customer places an order until it is delivered.And queue time from the start of the production of the order.

4 0

2 years ago

Max's Kennels spent $220,000 to refurbish its current facility. The firm borrowed 60 percent of the refurbishment cost at 5.95 p

Jlenok [28]

Answer:

The monthly payment is $2184.52

Explanation:

Given

$Total\ Amount\ Spent\ = $220,000$

$Amount\ Borrowed = 60\%$

$Rate = 5.95\%$

$Duration = 6\ years$

Required

$Monthly\ Payment$

Firstly, the loan amount has to be calculated

The Question says; of the total amount spent, only 60% was borrowed;

So;

$Loan = 60\%\ of\ 220,000$

$Loan = 132,000$

The monthly payment can then be calculated using the following formula

$Amount = P * \frac{r}{12} * \frac{(1 + \frac{r}{12})^n}{(1 + \frac{r}{12})^n - 1}$

Where P = Loan Amount = 132,000

r = rate of payment = 5.95% = 0.0595

n = duration (in month)

n = 6 years

n = 6 * 12 months

n = 72 months;

Substitute the above parameters in the formula;

$Amount = P * \frac{r}{12} * \frac{(1 + \frac{r}{12})^n}{(1 + \frac{r}{12})^n - 1}$ becomes

$Amount = 132,000 * \frac{0.0595}{12} * \frac{(1 + \frac{0.0595}{12})^{72}}{(1 + \frac{0.0595}{12})^{72} - 1}$

$Amount = \frac{132,000*0.0595}{12} * \frac{(1 + \frac{0.0595}{12})^{72}}{(1 + \frac{0.0595}{12})^{72} - 1}$

$Amount = 654.5 * \frac{(1 + \frac{0.0595}{12})^{72}}{(1 + \frac{0.0595}{12})^{72} - 1}$

$Amount = 654.5 * \frac{(\frac{12.0595}{12})^{72}}{(\frac{12.0595}{12})^{72} - 1}$

$Amount = 654.5 * \frac{(1.0049583)^{72}}{(1.0049583)^{72} - 1}$

$Amount = 654.5 * \frac{1.42777239524}{1.42777239524 - 1}$

$Amount = 654.5 * \frac{1.42777239524}{0.42777239524}$

$Amount = 2184.51925155$

$Amount = 2184.52\ (Approximated)$

Hence, the monthly payment is $2184.52

3 0

3 years ago

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo

Vesnalui [34]

Answer:

Required 1.

Contribution format income statement

East Central West

Division Sales $434,000 $650,000 $500,000

Less Variable Expenses ($230,020) ($130,000) ($250,000)

Controllable Contribution $203,980 $520,000 $250,000

Less Controllable Fixed Costs :

Traceable fixed expenses ($261,000) ($357,000) ($204,000)

Controllable Profit/(Loss) ($57,020) $163,000 $46,000

Required 2.

2a. Calculation of Incremental Net Income - West Division

Incremental Sales ($500,000 × 14%) $70,000

Less Incremental Variable Expenses ($29,000)

Incremental Contribution $41,000

Less Incremental Fixed Expenses $0

Incremental Net Income/ (loss) $41,000

2b. Recommendation

Yes. The Increase in advertising is bringing a positive contribution towards the Company`s loss.

Explanation:

The Company`s loss will reduce by $41,000 to ($56,020) due to increase in advertising.

3 0

3 years ago