Answer:
2). Overseeing the company's financial accounting and financial reporting practices and evaluating the caliber of senior executives' strategy-making/strategy-executing skills.
Explanation:
A company's board of directors is primarily responsible for ensuring the appropriate management in the company keeping the interests of the shareholders in mind. Therefore, they constantly overview the financial accounting as well as financial reporting practices of the company so that there is no loophole. At the same time, <u>they are responsible for assessing the efficacy of the skills and caliber of strategy-making and strategy-executing of senior executives as they make day-to-day decisions to run the company</u>. Therefore, their efficacy would play a vital role in determining the company's success and growth. Thus, <u>option 2</u> is the correct answer.
Answer:
2. Cost-variable.
Explanation:
Variable costs basically depends on the customers in the shop. In this case, the more napkin a person uses, the more Java Joe has to order.
Answer: E. the firms should manage the working capital accounts of their foreign subsidiaries the same as the foreign firms in the countries where their subsidiaries are located manage their working capital accounts
Explanation:
The options include:
a. the management of their working capital accounts is not at all similar to the management of working capital accounts in purely domestic firms.
b. their decisions regarding the management of their working capital accounts are concerned with short-run survival only because the firms don't know how long they will be able to operate in the foreign countries before the host governments expropriate their properties.
c. their decisions regarding the management of their working capital accounts often significantly affect their abilities to survive in the long-run.
d. the management of their working capital accounts is much simpler than in purely domestic firms.
e. the firms should manage the working capital accounts of their foreign subsidiaries the same as the foreign firms in the countries where their subsidiaries are located manage their working capital accounts.
A multinational corporation is an organization that produces goods or renders services in different countries apart from its home country.
Due to the different languages, political environment, culture, and different economic conditions, it is necessary for the corporation to manage the working capital accounts of their foreign subsidiaries the same as the foreign firms in the countries where their subsidiaries are located manage their working capital accounts. This is to ensure that there is uniformity across all level and to cut away discrepancies that might ensure. Even though a multinational corporation is situated in different countries, their goals must always align together.
Answer: Group dynamics
Explanation: In simple words, group dynamics is the system of behavior that occurs within a group. The group dynamics is studied by the top management of an organisation.
The group dynamics is helpful in decision making process, as all the members behavior will be taken into consideration under this study. It is the way that different members in the group behave and interact with each other.
Hence, from the above we can conclude that the right answer is group dynamics.
Answer:
a.385 stones
b.349 stones
c.168 stones
Explanation:
Order quantity that minimizes total annual cost is known as the Economic Order Quantity.
<em>Economic Order Quantity = √(2 × Annual Demand × Ordering Cost per Order) / Holding Cost per unit</em>
= √(2×28×110×$48) / $2
= 384.5 or 385 stones
<em>Economic Order Quantity = √(2 × Annual Demand × Ordering Cost per Order) / Holding Cost per unit</em>
= √(2×28×110×$48) / ($8.10 × 30%)
= 348.8 or 349 stones
Re-oder point is the point at which the order should be placed to obtain additional inventories
<em>Reorder Point = Lead Time × Usage</em>
= 6 days × 28 stones
= 168 stones