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photoshop1234 [79]
3 years ago
15

Leonard, the manager of a manufacturing firm, wants the organization to perform better. He expects his employees to think more l

ike owners, taking a broad view of what they need to do in order to make the organization more effective. In this case, Leonard should
Business
1 answer:
adoni [48]3 years ago
6 0

Answer:

implement a profit-sharing incentive plan

Explanation:

Based on the scenario being described within the question it can be said that in this case, Leonard should implement a profit-sharing incentive plan. This is a plan that provides employees with an additional form of direct or indirect payment on top of their salaries, usually by giving them shares of the company. This will motivate them towards focusing on bettering the company because if the company/organization performs better then the shares will be worth more to them.

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An increase in private goods, such as cars, typically leads to an increased need for public services, such as parking spaces. Gr
avanturin [10]

Answer:

The statement is: True.

Explanation:

Private goods are those that individuals own and are destined to use for their use only. The owners have all rights on their properties up to the limits the local government imposes. Public services are those given to all individuals freely and can be used simultaneously or once at the time.

<em>The increase of private goods usually tends to demand for more public services societies must be intake care of.</em>

3 0
4 years ago
Imagine that you are the manager of valley skateboard shop. the accountant for the business has delivered the news that sales ar
Gekata [30.6K]

Answer:

what I think is that it should decrease by 50%

Explanation:

why do I think that I think that because every one needs a discount

8 0
3 years ago
Explain the marketing concept
Orlov [11]

Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas. This concept is referred to as the “right” principle and is the basis of all marketing strategy. We can say that marketing is finding out the needs and wants of potential buyers (whether organizations or consumers) and then providing goods and services that meet or exceed the expectations of those buyers. Marketing is about creating exchanges. An exchange takes place when two parties give something of value to each other to satisfy their respective needs or wants. In a typical exchange, a consumer trades money for a good or service. In some exchanges, nonmonetary things are exchanged, such as when a person who volunteers for the company charity receives a T-shirt in exchange for time spent. One common misconception is that some people see no difference between marketing and sales. They are two different things that are both part of a company’s strategy. Sales incorporates actually selling the company’s products or service to its customers, while marketing is the process of communicating the value of a product or service to customers so that the product or service sells.

7 0
3 years ago
A service contract for a video projection system costs $90 a year. You expect to use the system for three years. Instead of buyi
xenn [34]

Answer:

$245.09

Explanation:

A service contract for a video projection system costs $90 a year. You expect to use the system for three years.

Instead of buying the service contract, the future value of these annual amounts after three years if you earn 5 percent on your savings will be:

PV  

Ordinary Annuity

​  =C×[  ((1−(1+i)  ^−n ) / i ]

where

n = number of years = 3

i = interest rate = 5%

Present Value of the annuity = 90 x [ ((1 - (1+0.05)^-3) / 0.05] = $245.09

3 0
3 years ago
Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil
8090 [49]

Answer:

$16,667

Explanation:

Given that

Cash flows = $1,000

Growth rate = 6%

Interest rate = 12%

So by considering the above information, the amount would be

Amount = Cash flows ÷ (Interest rate - growth rate)

= $1,000 ÷ (12% - 6%)

= $16,667

We simply applied the above formula so that the amount could come by considering the given information

3 0
3 years ago
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