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3 years ago

Why do executives and managers spend more time listening than do workers?

2 answers:

8 0

The executive and manager spend more time listening than do workers because all the decisions are taken by the executive and managers.

Further Explanation:

Executive and managers are the top level of management, the manager takes all the decisions related to the company. The decision related to finance, investment, increase capital, open a new subsidiary, industry-related issues, and workers issues. All the decisions have taken by the executive and manager.

The executive and manager should listen more to take an appropriate and correct decision which may increase the value of the profit. The manager and executive should responsibility for all the party's points of view to take a good decision. The manager should take into consideration of all the prospective parties, the decision may affect the parties.

Workers have to manufacture the good only, they do not need to listen more. As they already know about how many units, they have to manufacture in a particular time period. The responsibility of a company does not in the hands of workers. The responsibility of the company does in the hands of executives and managers.

In the hierarchy of manager, workers belong to the bottom level of the manager and the executive and manager belongs to the top level of managers.

Learn more:

1. Learn more about moral values

brainly.com/question/9724636

2. Learn more about the position in the organization

brainly.com/question/6449808

3. Learn more about decision-making theory

brainly.com/question/6618895

Answer details:

Grade: Middle School

Subject: Management

Chapter: Level of Managers

Keywords: executive, manager, spend, more, time., listening, workers, decisions are taken, top-level, bottom level, appropriate and correct decision, responsibility.

Ymorist [56]3 years ago

5 0

Executive and managers spend more time listening than workers because at the end of the day, they are the ones who have to make the final decision. Weighing all the option and decision-making tend to have the best results for the organization. Executives and managers gather insights and opinions of their subordinates, before making the decision.

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Marta_Voda [28]

Answer:

a. Current ratio

Explanation:

Current Ratio is the least likely to be affected

The Current Ratio is given as

Current Ratio = [ Current assets ] ÷ [ Current liabilities ]

Now,

Building a new plant is a fixed asset for the company.

Thus, It will add to the Fixed assets

Since,

The Formula for current ratio is independent of the fixed assets

Therefore,

It will be least affected.

While,

Debt to equity ratio = [ Debt ] ÷ [ Equity ]

Debt to asset ratio= [ Total Debt ] ÷ [ Total Assets ]

Net fixed assets to total assets = [ Net fixed assets ] ÷ [ Total assets ]

in all the above relations, fixed asset will change the value of the total assets.

Hence,

They all will be affected

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3 years ago

The Martinez Legal Firm (MLF) recently acquired a smaller competitor, Miller and Associates, which specializes in issues not pre

Vsevolod [243]

Answer:

increase

Explanation:

Transaction cost is the cost needed for every exchange. This cost can be external or internal. External transaction cost comes from the cost to do an exchange with a second party while internal cost comes from the company itself.

The Martinez Legal Firm acquired a competitor so their business size will increase for sure. Larger businesses will become more complex and need more management. These will, in turn, increase the internal transaction cost.

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3 years ago

Denver Company engages Public Company to produce a large machine, install the machine, and train their employees on the machine.

nata0808 [166]

Answer:

Results are below.

Explanation:

Giving the following information:

Machine= $800,000

Installation= $100,000

Training= $100,000

Total= 1,000,000

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First, we will determine the sales proportion:

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Installation= 100,000/1,000,000= 0.1

Training= 100,000/1,000,000= 0.1

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3 years ago

International trade a. raises the standard of living for importing countries and lowers it for exporting countries. b. raises th

adoni [48]

<h3>International trade raises the standard of living in all trading countries. </h3>

Explanation:

International trade is an inter country exchange of goods and services. Globally, exporting offers people and countries the ability to be exposed to goods and services that are not available in their nations, or that would cost more domestically.

Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.

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3 years ago

Pettit Ice Cream Company produces various ice cream products for which demand is highly seasonal. The company sells more ice cre

Rashid [163]

Answer:

a) Fixed costs = $22,000

b) $70,000

c) The high low cost method is generally inaccurate because it only considers the extremes, the highest and lowest costs and activity levels. Generally costs are not linear, but they might follow a certain tendency. The advantages of the high low cost method is that it is fairly accurate when costs are stable, plus it is much simpler to calculate.

d) Assuming that costs follow a certain tendency, regression analysis is much more exact since it analyses the relationship between different data and different variables. When you analyze only 2 variables, a linear regression analysis will serve you. but if you need to analyse more than two variables, then you must use a multiple regression analysis.

The R² statistic basically measures how one variable's variance is affected by other variables. E.g. if R² is 0.75, then 75% of the variance of A will be explained by the variance of B.

Explanation:

variable cost using high low cost method = (highest activity cost - lowest activity cost) / (highest activity level - lowest activity level) = ($82,000 - $46,000) / (50,000 - 20,000) = $36,000 / 30,000 gallons of ice cream = $1.20 per gallon of ice cream

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40,000 gallons

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how regression analysis improves accuracy of high low cost method

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3 years ago