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padilas [110]
3 years ago
12

Zachary, a manager at ExecuComp, receives quarterly reports, which track his department's production statistics. However, these

reports lack key information regarding reject rates. Which of the following components of the control model need improvement?
a. Measuring actual performance
b. The planning and setting of performance standards
c. SWOT analysis
d. The ability to take corrective action when necessary
e. All of these
Business
2 answers:
makkiz [27]3 years ago
6 0

Answer: measuring actual performance

Explanation: Measuring is the first step in the control cycle. Many employment and tasks can be expressed in concrete and observable terms.

Managers often use a number of information sources to assess actual performance, such as personal observations, statistical reports, oral reports, and written reports.

In the given case, Zachary is using a report that lacks relevance relative to the measurement criteria. Hence from the above we can conclude that the correct option is A.

Lena [83]3 years ago
4 0

Answer:

a. Measuring actual performance

Explanation:

The department receives the performance report which summarizes the actual performance, but as the report does not include the rejected rates that means the department shall be considering the rates also.

The department shall consider the measuring of actual performance by themselves also.

This shall not be left up on the statistics received. Rather if the calculations are done previously, it shall be a reconciliation between the own report and that of the statistics.

This shall help them to improve their performance.

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Your godmother put $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. 9.60% is the rate of return on the trust fund.

FV =  Future Value

PV =  Present Value

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FV/ PV =  (1 + r )^n

5000/2000   =  (1 + r%)^10

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r = 9.60%.

The rate of return is the net profit or loss of an investment over a period of time, expressed as a percentage of the original cost of the investment. 1 When calculating the rate of return, find the percentage change from the beginning of the period to the end of the period.

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