If a person can encourage people to follow an idea, what role can this person play on a team at work?

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

adoni [48]

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.

6 0

3 years ago

Michael works as a financial advisor in a doctor’s office. The two organizations that Michael most likely belongs to are the

Zigmanuir [339]

<span>AFP and AMA

AFP american family physician
AMA american medical association</span>

8 0

3 years ago

Read 2 more answers

You are the manager of a medium-sized farm with 100 acres of workable land. You can farm the land yourself, rent the land to ano

Ainat [17]

Answer:

The opportunity cost for a year will be $240,000.

Explanation:

The opportunity cost of any decision is the second-best alternative that is given up or sacrificed.

Here, the manager has a farm of 100 acres of land.

If he sells it to a developer for $40,000 per acre, he will get $4,000,000 for the whole land.

He can invest this amount and get an interest of 6% per year.

The opportunity cost of keeping the farm to the manager himself will be

= 6% of $4,000,000

= $\frac{6}{100}\ \times\ \$ 4,000,000$

= $240,000

3 0

2 years ago

The reward-to-risk ratio for stock A is less than the reward-to-risk ratio of stock B. Stock A has a beta of 0.82 and stock B ha

Katen [24]

Explanation:

According to the question , the reward - to - risk ratio for the stock A is lesser than that of the Stock B .

The beta values for both the stock is given as -

Stock A = 0.82

and ,

Stock B = 1.29 ,

From the above information , it can be implied that either stock B is under price or the stock A is overpriced, or both .

Since , in the above case the absolute sense can not be determined and only the judgement can be made .

4 0

3 years ago

Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next

Brums [2.3K]

Answer:

Wormwood limited

Production plan that will yield the least cost of $49,630 is shown in the attached document.

It entails maxing out the regular capacity from period 1 to 5, and using regular to produce only 140 units in period 6

It further entails using overtime to produce 10 units from period 1 to 5. And subcontracting only in period 4 to cover the demand/production gap.

This will keep inventory of 10 units in period 2, which is carried into period 3 and consumed in period 4.

4 0

3 years ago