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STALIN [3.7K]
3 years ago
6

Recall the example in the text where Ford Motor Company was building a new engine plant in Windsor that was to focus on the "tea

m approach" to building the engines. Which of the following statement is true regarding that example?
A. The majority of those hired were university educated and had experience in the team approach.
B. One of the goals of the training was to improve attitudes toward the team approach.
C. Evaluation of the training indicated an improvement in employees’ communication skills.
D. The promise of training related to self-fulfillment never materialized.
Business
1 answer:
pentagon [3]3 years ago
4 0

Answer: One of the goals of the training was to improve attitudes toward the team approach.

Explanation:

For organizational goals and objectives to be achieved in an organization, the attitude of the team matters. A positive attitude is required to build teamwork.

When Ford Motor Company was building a new engine plant in Windsor that was to focus on the "team approach" to building the engines, one of the goals of the training was to improve attitudes toward the team approach. A positive attitude brings about creativity and enhances productivity.

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If you want to analyze customer data from your territory in an effort to identify new opportunities for sales growth, using ____
weeeeeb [17]

Answer:

<em><u>Customer Relationship Management.</u></em>

Explanation:

Customer relationship management is a strategic business tool that helps lower costs and increase revenue and build customer loyalty. It is a system whose focus is on customer experience optimization, it connects the entire team through one device, stores and manages current and potential customer information such as address, phone, email and all points of interaction with the company. Simplifies tasks for effective lead tracking, Provides instant recommendations. Customizes, and expands as your organization grows.

The benefits of the customer relationship management system are:

  • the optimization of processes and manual efforts,
  • the organization of contacts,
  • the acceleration of sales,
  • increased customer satisfaction,
  • error correction,
  • better customer service.

Managing customer interaction with the company is essential to strengthening the brand and creating a value relationship with the customer.

7 0
3 years ago
Is your company is a good, average, or weak competitive position compared to rival companies? How do you know?
dolphi86 [110]

Answer: How to Tell If a Company Is the Right Fit

Ask questions about culture, but be strategic about it.  

Repeat: Do ask questions during the interview process.  

Do a visual scan of the office or ask for a tour.  

Mine your network.  

At the final stages of the interview process, ask for a peer interview.

Explanation:

8 0
3 years ago
A company anticipates monthly sales of $300,000 for the months of April, May, June, and July. Materials represent 50% of sales,
Vlada [557]

The company's total cash payments in May is $195,500 and this can be determined by preparing a cash budget.

<h3>What is a cash budget?</h3>

A cash budget is a company's estimation of its cash inflows and outflows over a specified period of time. A cash budget provides a company with financial insight into its cash requirements, including shortages and surpluses.  The preparation of a cash budget helps the company to determine an efficient use of its available cash.

Data and Calculations:

                                                April            May           June            July

Anticipated sales             $300,000   $300,000   $300,000    $300,000

Purchases                           150,000    $150,000       150,000       150,000

Labor costs                           16,000        19,000         16,000          21,000

Fixed overhead                    12,000        12,000         12,000          12,000

General and admin. exp.      2,000          2,000          2,000           2,000

Interest expense                                       2,500

Equipment purchase                               10,000

Total cash payments in May             $195,500

Thus, the company's total cash payments in May is $195,500.

Learn more about cash budgets at brainly.com/question/8707644

3 0
2 years ago
aner, Harris &amp; Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm ha
NeX [460]

Answer:

1. $ 136,500

2. $70000

3. Medical market

Explanation:

1. Calculation to determine How much would the company's profits increase (decrease) if it implemented the advertising campaign in the MEDICAL MARKET

First is to calculate the sales

Sales = (400 000 + 70 000)

Sales = $470 000

Second step is to calculate the profit

Variable cost =$470 000 *65%

Variable cost=$305 500

Contribution =$470 000*35%

Contribution =$164,500

Fixed Expense= $28 000

Profit = $ 136,500

Now let calculate the Difference made by advertisement

Difference = 136500 - 120000

Difference=16500

2. Calculation to determine How much would the company's profits increase (decrease) if it implemented the advertising campaign in the

DENTAL MARKET

vcr Of The Dental market = 50%

Variable cost =50% $260 000

Variable cost = $130 000

Contribution = $130 000

Fixed expenses = $60 000

Profit = $70000

Now let determine difference made by the advertisement

Difference =(70000) - 48000

Difference= 22000

3. Based On the above calculation the markets I would recommend that the company focus its advertising campaign is medical market

8 0
2 years ago
True or False: An interest-bearing account is an account that generates interest income on the available balance in the account.
Korvikt [17]

Answer:

False

Explanation:

Interest Bearing Account is an account which generates interest income over a specified period of time. Certificate of Deposit is an example for the interest bearing account. So, simply saying that An interest-bearing account is an account that generates interest income on the available balance in the account is wrong.

6 0
3 years ago
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