Answer: False
Explanation:
CEOs are top management and top management use all five functions of management to ensure that the company reaches its goals and objectives.
The CEO has to use <u>planning</u> to to decide what long term strategies the company will use to achieve its goals. They have to use<u> controlling</u> to evaluate and improve the methods the company is taking to achieve its long term goals.
They also have to use <u>staffing</u> to hire the best top level and middle level talents that can push the company forward. As management they have to use <u>leading</u> to get the employees inspired to move the company forward and finally they will use<u> organizing</u> to put the various processes in the company together to ensure that the company's goals are met.
Answer:
COGS= $15,000
Explanation:
Giving the following information:
Purchase= 500 grills
Unitary cost= $75
Units sold= 200
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 0 + 500*75 - 300*75
COGS= $15,000
or;
COGS= 200*75= $15,000
Answer:
Influencing and guiding
Explanation:
Influencing is the term which means that impact or influence on someone in order to get the work done through subordinates or employees, whereas guiding is the term in which the person or individual guide each and every employee for a specific task and explain how it is to be performed.
Leadership is the procedure through which a person could direct, influence and guide the work as well as behavior of others in order to accomplish or achieve the particular goal in the states situation.
Answer:
The required return is 7.32%
Explanation:
In order to calculate the required return we would have to calculate the following formula:
Required return= annual dividend/current price
According to the given we have the following:
annual dividend=$5.90 dividend
current price
=$80.55 per share
Therefore, Required return=$5.90/$80.55
Required return=7.32%
The required return is 7.32%