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uranmaximum [27]
4 years ago
6

It is rumored that the Illinois Operations Manager, Sam, has requested the quarterly budget to include an available position for

a new team leader for one of the assembly areas. The rumor also indicates that a major competitor's primary team leader, who is a close friend of Sam's, may need a job due to the competitor's strategic plans to downsize. Sam wants to hire this specific team leader because he thinks the team leader may be able to share some of the competitor's cost-cutting assembly methods.
As the Chief Liaison Officer, which choice is the best ethical decision?
Select an option from the choices below and click Submit.
A) Convene a meeting and ask Sam to substantiate the need for a new team leader. Explain what you've heard regarding the rumors that are occurring in the facility.
B) Convene a meeting and ask Sam to substantiate the need for a new team leader. Review the ethics policy and company hiring guidelines. Express your concerns about the budget.
C) Convene a meeting and tell Sam he will not have a budget that includes the hiring of a new team leader. Do not mention anything about the rumors
Business
1 answer:
vovangra [49]4 years ago
7 0

Answer:

The correct answer is letter "B": Convene a meeting and ask Sam to substantiate the need for a new team leader. Review the ethics policy and company hiring guidelines. Express your concerns about the budget.

Explanation:

First of all, the company must <em>confirm if there is really a need for a team leader in the assembly area</em>. If so, the benefits of having such a professional must be pointed out. If approved, because of the rumors of Sam hiring a friend for the position,<em> the ethics policy and company hiring guidelines must be clarified</em> in order to let Sam know that the new leader must be selected after the evaluation of a number of applicants who can could suitable for the position. Last but not least, the details of the reasonable income this new leader will receive should be explained to find out <em>what would be</em> <em>the impact on the company's budget</em>.

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The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2019: Number of Days Unpaid
Art [367]

Answer:

bad debt expense 7,464 debit

      allowance for doubtful accounts   7,464 credit

--to record year-end adjustment for bad debt expense--

allowance for doubtful accounts 3,171 debit

                   accounts receivables      3,171 credit

--to record write-off of a custoemr account--

Explanation:

We multiply each balance by their expected uncollectible amount:

Date   // Amount  // Expected    //  uncollectible

not due 127400 0.03         3,822

up to 30 90100 0.13                  11,713

up to 60 54500 0.19                 10,355

above 61  32700 0.33          10,791

                 Total        36,681

Allowance balance 29,217

Difference 36,681 - 29,217 = 7,464

The write-off will decrease both, account recievable and the allowance

Allowance for doubtful accounts

<u>Debit      Credit</u>

            36,681

3,171

Balance 33,510

8 0
3 years ago
To use _______ most effectively, a seller must have the flexibility to change prices often, rapidly, and aggressively in respons
Anuta_ua [19.1K]

Answer:

1. Marketing strategies

2. Marketing Strategies

Explanation:

Marketing strategies are simply a set of procedures or actions a company and/or a seller intends to undertake to sell a product or service to the end user, with a view to earning a profit. Marketing strategies understand that there are many goods chasing fewer buyers. Hence, the competition is often stiff. In a bid to gain a competitive advantage and an edge, a good marketing strategies is very critical to a business concern.

There are basically 4 elements of marketing:

- Price

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Price is simply the amount the end user intends to pay for a product. It is an acknowledged fact through the study of consumer behavior that consumer will buy more of a go when the price is low, compared to when high. This is bearing that they both have same quality content. Thus, pricing is a critical element of marketing as its proper application is incidental to a firm gaining its competitive advantage. Hence, a seller must have the propensity to change price often, rapidly and aggressively in response to competitors' price changes.

Additionally, Proper pricing should not be viewed in isolation. Other elements of marketing are also critical to understanding appropriate marketing strategies. Making products stand out through requisite promotion strategies - advertisements, publicity, fairs and all, make pricing more competitive.

Also, a product with good and high quality easily wins the heart of a consumer than otherwise. Thus, to be competitive, a seller must come up with a product of good quality and rating. And when a consumer sees that there's value for money, he's inclined to paying more.

Strategically placing your product where it'll easily contact the prospective buyer goes a long way in being competitive and taking the advantage of the pricing decision.

7 0
4 years ago
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Answer:

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