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Likurg_2 [28]
3 years ago
14

Megan, a human resource manager, recently approved the hiring of five summer interns. She will use ________ to decide which depa

rtments would benefit from the interns’ employment. As production manager, part of Jennifer’s job is to determine what raw materials will be needed to meet production needs. Sales forecasts may help Jennifer with this ______ function of management. Wesley’s company just began offering online ordering for their products. Wesley uses _______ to delegate tasks to each department that is affected.
Choose the management function being performed in each of the examples.
Example of managerial work Planning Organizing Leading Controlling
A construction project manager from Iron Horse
Construction uses a team of experts to design the
development of a new property on the top of a
very steep ridge.
The team includes geotechnical consultants, erosion
control specialists, and contractors. Jessica Lee,
director of global employer brand and communications
at Marriott International, realizes the mobile app created
by a vendor does not integrate with the company's
existing software.
George Steinbrenner transferred his passion for winning
to everyone in the New York Yankees organization.
His famous quote is, "Winning is the most important thing
in my life, after breathing. Breathing first, winning next."
Taco Bell CEO, Brian Niccol, considers what the technical
and logistical needs would be in order to offer delivery to
customers.
Business
1 answer:
il63 [147K]3 years ago
8 0

Answer:

FIRST QUESTION:

Organizing

Planning

Organizing

SECOND QUESTION:

Explanation:

FIRST QUESTION

Megan, a human resource manager, recently approved the hiring of five summer interns. She will use ___Organizing ____ to decide which departments would benefit from the interns’ employment. As production manager, part of Jennifer’s job is to determine what raw materials will be needed to meet production needs. Sales forecasts may help Jennifer with this___ Planning __ function of management. Wesley’s company just began offering online ordering for their products. Wesley uses ____Organizing___ to delegate tasks to each department that is affected.

Management functions involves process, action taken by the management to achieve the goals of the organization effectively. They are:

Planning

Organizing

Controlling

and others

✓Organizing in management can described as dividing task between departments, work group . It involves human resources allocation within the organization.

✓Planning on management inolves steps, ways that are deviced to carried out actions in an organization in future time inorder to achieve the goals of the organization.

✓Controlling are ways management use to monitor the set goals of the organization, is a way to supervise the running of the organization from all departments and level of the organization to efficiency.

✓Leading involves setting example for the follower to follow, it's a way in which leader in organization influence the worker/employee to achieve the organizational goals.

SECOND QUESTION

1)A construction project manager from Iron Horse Construction uses a team of experts to design the development of a new property on the top of a very steep ridge. The team includes geotechnical consultants, erosion

control specialists, and contractors. ( EXAMPLE OF ORGANIZING)

2)Jessica Lee,

director of global employer brand and communications at Marriott International, realizes the mobile app created by a vendor does not integrate with the company's existing software.

."(EXAMPLE OF CONTROLLING)

3)George Steinbrenner transferred his passion for winning to everyone in the New York Yankees organization.

His famous quote is, "Winning is the most important thing in my life, after breathing. Breathing first, winning next(EXAMPLE OF LEADING)

4)Taco Bell CEO, Brian Niccol, considers what the technical

and logistical needs would be in order to offer delivery to customers.(EXAMPLE OF PLANNING)

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nexus9112 [7]

Answer:

B) A Trend Decision

Explanation:

Trend decision is also known as Trend forecasting. It is a complicated and useful way in which data of past sales is used to determine future trends. It is generally used by marketing experts to determine future sales growth. It can be used in different areas of a business.

An example of the use of trend forecasting is the fashion industry. Since customers change their purchasing behavior rapidly, so a particular garment becomes popular for one season and then it goes out of fashion. Fashion forecasters use trend forecasting to predict the trends by including the work designers and the early adoption of a trend among the people

5 0
2 years ago
"A customer holds 10 ABC Jan 60 Call contracts. ABC Corporation is paying a 20% stock dividend. On the ex date, the contracts wi
Viefleur [7K]

Answer:

On the ex date, the contracts will show as:

10 ABC Jan 60 Calls

The customer must exercise call contracts to buy the stock prior to the Ex-Date

Explanation:

The reason is that if the customer is not exercising the call contracts then it will not be able to receive the stock dividend. Furthermore, the OCC doesn't adjust the contract because of the dividend announcement prior to exercise of contract. This means it will only adjust if the contract is exercised.

The settlement of the exercise takes around 2 business working days, hence the customer must exercise the option 2 days earlier to the ex-date.

3 0
3 years ago
Place the steps to creating a budget in order:
bagirrra123 [75]

Answer:

1. Figure out your net income

2. Determine if you have enough income to cover all your expenses

3. make list of variable expense

4. make list of fixed expenses

5. adjust expense

done !

4 0
3 years ago
Navajo Corporation traded a used truck (cost $20,000, accumulated depreciation $18,000) for a small computer with a fair value o
UNO [17]

Answer:

Dr Computer                                       $3,300

Dr Accumulated depreciation-Truck $18,000

Cr Truck - Fixed Asset                                              $20,000

Cr Gain on disposal of truck (Balancing Figure)    $800

Cr Cash  Account                                                       $500

Explanation:

The disposal of a Fixed asset is a three step procedure and is given as under:

  1. Remove the Accumulated depreciation and the cost of the fixed asset
  2. Record the receipt of the consideration at Fair Value
  3. Record the payment or receipt of the cash

Always remember that the balancing figure will go to Profit and loss statement.

<u>Step1: Remove the Accumulated depreciation and the cost of the fixed asset</u>

The asset value and the accumulated depreciation would be removed from the books of accounts and the balance figure would be transfered to profit and loss account.

Dr Accumulated Depreciation $18,000

Dr Profit & Loss Account          $2,000

Cr Truck - Fixed Asset                            $20,000

<u></u>

<u>Step2: Record the receipt of the consideration at Fair Value</u>

Dr Computer - Fixed Asset $3,300

Cr Profit and Loss Account           $3,300

<u>Step3: Record the payment or receipt of the cash</u>

The receipt of the payment will treated as:

Dr Profit and loss Account $500

Cr Cash Account                        $500

The aggregate Effect if I summarizee would be:

Dr Computer                                       $3,300

Dr Accumulated depreciation-Truck $18,000

Cr Truck - Fixed Asset                                              $20,000

Cr Gain on disposal of truck (Balancing Figure)    $800  

Cr Cash  Account                                                       $500

8 0
3 years ago
Seahorse Incorporated, which only has one product, has provided the following data concerning its most recent month of operation
ra1l [238]

Answer:

Unit product cost = $107

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rate</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads

Fixed production overhead cost per unit

=Fixed manufacturing overhead/units produced

=  $43,700/ 1,900 Units

=$23 per unit

Full cost per unit

= $42  + $31 + $11 + 23

= $107

7 0
2 years ago
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