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3 years ago

In your company's management development program, there was a heated discussion between

Business

1 answer:

GREYUIT [131]3 years ago

3 0

Answer:

The most sensible position is to understand that theory, while not practical in itself, can be immensely helpful when dealing with pratical matters.

This is because theory gives you a sound conceptual foundation that can be used to analyze the practical context, and approach it with the best possible practical solutions.

Without theory, managers have to rely too much on intuition, which can often fail.

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The economizing problem is essentially one of deciding how to make the best use of a. limited resources to satisfy limited wants

elixir [45]

Answer: Option (C) is correct.

Explanation:

In economics, this is a fundamental problem that how to utilize the limited resources to satisfy unlimited wants. There are three things that are interrelated with each other:

(1) Limited resources

(2) Scarcity of goods and services

(3) Unlimited wants

We know that human wants are unlimited and resources are limited, then there is a problem of scarcity arises. Many economists call this as "economizing problem". So, economizing problem is all about making choices from scarce resources.

6 0

3 years ago

Effective service recovery entails all of the following EXCEPT _______. listening to the customer placing blame with the custome

sattari [20]

Answer:

Placing blame with the customer to reduce cost.

Explanation:

Providing an excellent customer service to customers involves making sure that a customer is happy and very satisfied with a company’s products or services. It also involves providing adequate service to a customer in a timely, polite, pleasant and orderly manner. In order to provide excellent customer service the customer service representative must possess a good communication and problem resolution skills.

The customer service representative must:

1) Must have the patience and time to listen attentively to a customer complaint.

2) Must be able to respond in a timely manner.

3) Must appreciate the customers.

4) Must be able to get feedback from the customers.

7 0

2 years ago

Read 2 more answers

The roles and responsibilities of human resource management have evolved primarily because of changes in the law that rewrote ma

attashe74 [19]

Answer:

a) Organizations' recognition of employees as their ultimate resource.

Explanation:

The evolution of the human resources sector in a company had its main milestone from the moment that companies began to be seen as an organic structure.

The changes in the legislation also influenced the evolution of HR, because according to the fact that employees started to have greater legal protection over their labor rights, HR practices were focused on investment in the development of employees' capacities and well-being, in addition to the selection of professionals with ideal personality profiles to assume a position in the company.

Therefore, currently the human resources of a company is geared towards professional training and support to the demands of the employee, as the current business management focused on human capital guarantees advantages of an organizational climate favorable to innovation, a more motivated and more loyal worker, the which guarantees significant strategic advantages in the market.

4 0

2 years ago

Miller Corporation has a premium bond making semiannual payments. The bond pays a coupon of 10 percent, has a YTM of 8 percent,

Degger [83]

Answer:

Miller Bond:

Today: 1,166.63

1-year 1,159.83

4-years 1,135.90

9-years 1,081.11

13-years 1,018.86

14-years 1,000 (maturity)

Modigliani Bond

Today: 851.01

1-year 856.25

4-years 875.38

9-years 922.78

13-years 981.41

14-years 1,000 (maturity)

Explanation:

The present value will be the discount coupon payment and maturirty at the YTM rate:

Miller Bond:

The coupon payment are calcualte as ordinary annuity

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 50.00 (1,000 x 10% / 2)

time 28 (14 years x 2 payment per year)

rate 0.04 (8% YTM / 2 payment per year)

$50 \times \frac{1-(1+0.04)^{-28} }{0.04} = PV\\$

PV $833.1532

While Maturity, using the lump sum formula

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $1,000.00

time 28 semesters

rate 0.04

$\frac{1000}{(1 + 0.04)^{28} } = PV$

PV 333.48

PV coupon $833.1532 +PV maturity $333.4775 = Total $1,166.6306

For the subsequent time we must adjust t

in one year, there will be 26 payment until maturity

$50 \times \frac{1-(1+0.04)^{-26} }{0.04} = PV\\$

PVcoupon $799.1385

$\frac{1000}{(1 + 0.04)^{26} } = PV$

PVmaturity 360.69

Total $1,159.8277

As the bond get closer to maturity it will get closer to face value until maturity when it will equalize it.

We recalculate the same formula with values of:

in 4-year : then 10 years to maturity t = 20

in 9-years: then 5 years to maturity t= 10

in 13-years: 1 year to maturity t = 2

at 14 years: is maturity date so equals the face value of 1,000

Remember: there are two payment per year.

Same process will be done with Modigliani bond:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,000 x 8% / 2 payment per year : 40.00

time: 14 years x 2 payment per year = 28 payment

rate 10% annual rate /2 = 0.05

$40 \times \frac{1-(1+0.05)^{-28} }{0.05} = PV\\$

PV coupon $595.9251

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $ 1,000.00

time 28 semester

rate 0.05

$\frac{1000}{(1 + 0.05)^{28} } = PV$

PV maturity 255.09

PV coupon $595.9251 + PV maturity $255.0936 = Total $851.0187

and then we calcualte for the same values of t we are asked for the Miller bond.

8 0

3 years ago

Mahmoud wants to start a business making designer chairs. To do this he will need:

prisoha [69]

Mahmoud will be needing many things such as. A loan of money , Maybe a wed site to spread him company so more people can see it and materials to build chairs such as wood , springs , foam.

4 0

2 years ago