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padilas [110]
4 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]4 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]4 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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You are on the team of executives at Star Bank. You have been meeting as a team to discuss the future of the bank, including big
Komok [63]

Strategic planning is the type of planning used by team of Star bank.

<h3>What is strategic planning?</h3>

Strategic planning is a type of planning that is channeled towards a purpose.

Companies make use of strategic planning to help focus on a particular goal or aim

Therefore, Strategic planning is the type of planning used by team of Star bank.

Learn more on strategic planning below

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7 0
2 years ago
A random sample of 160 households is selected to estimate the mean amount spent on electric service. A 95% confidence interval w
Yuri [45]

Answer:

Option D. We are 95% confident that the mean amount spent on electric service among the 160 households is between $151 and $216.

Explanation:

A confidence interval is a range of values, derived from the sample statistics, which may include the value of an unknown population parameter.

A 95% confidence interval indicates that between 152 of 160 samples (95%) of the same population will produce confidence intervals that will contain the population parameter.

It also means that we have a 95% confidence that the average (average amount) is among the resulting amounts obtained.

Logically, option "D" is missing the final part. This would be: D. We are 95% confident that the mean amount spent on electric service among the 160 households is between $ 15.

This is the only true option, since the test is based on a sample of only 160 households, the entire population of households cannot be included.

Hence, the correct option is:

Option D. We are 95% confident that the mean amount spent on electric service among the 160 households is between $151 and $216.

7 0
3 years ago
Janice and Shane are both senior software analysts. They have worked together on projects for six years and get along very well.
dybincka [34]

Answer:option D

Explanation: job sharing

3 0
3 years ago
Transactions Units Amount
mario62 [17]

Answer:

a) Cost of Goods Sold under each method of inventory:

1) Average Cost:

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $1,927.20

Cost of goods sold, 920 units     $4,032.80

a2) FIFO:

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $2,560

Cost of goods sold, 920 units     $3,400

a3) LIFO

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $1,320

Cost of goods sold, 920 units     $4,640

a4) Specific Identification:

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $2,280

Cost of goods sold, 920 units     $3,680

B. Partial Income Statement under:

                                  Average cost   FIFO    LIFO     Specific Identification

Beginning Inventory      $1,800        $1,800    $1,800          $1,800

Purchases                        4,160          4,160       4,160            4,160

Cost of goods for sale $5,960       $5,960   $5,960        $5,960

Less ending Inventory    1,927.20    2,560       1,320          2,280

Cost of goods sold     $4,032.80  $3,400   $4,640       $3,680

Explanation:

a) The average cost per unit under Average Method =

Average cost per unit =$4.38 (5,960/1,360)

Ending Inventory, 440 x $4.38 = $1,927.20

b) Ending Inventory under FIFO: 440 units

Cost of 180 units = $1,260

Cost of 260 units =  1,300 (260 x $5)

Total cost = $2,560

c) Ending Inventory under LIFO: 440 units

Cost of 440 units from beginning inventory = 440 x $3 = $1,320

d) Ending Inventory under Specific Identification: 440 units

Remaining opening inventory 140 units at $3 = $420

Remaining Jan 12, 120 units at $5 = $600

Remaining Jan 26, 180 units at $7 = $1,260

Total cost of ending inventory = $2,280

e) These are various inventory costing methods which present different results in their cost of goods sold and the ending inventory.

6 0
3 years ago
Fuzz Inc., a well-known soft drink manufacturing company, introduces a new drink into the market, to make up for the company's p
mars1129 [50]

Answer:

C.

Explanation:

Organizational effectiveness happen when an association is able to meet its objectives and achieve the outcomes the organization intends to produce. This means an organization that produces a desired effect or an organization that is productive without waste.

Is critical to success in any economy. In order to achieve increased and sustainable business results, organizations needs to execute strategy and engage employees.

Is about each individual doing everything they know to do and doing it well. in other words organizational effectiveness is the capacity of an organization to produce the desired results with a minimum expenditure of energy, time, money and human and material resources.

8 0
4 years ago
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