Answer:
The correct answer is weighing the decision criteria
Explanation:To find out the solution to any problem it is necessary that decision has to be taken.A possibility can be regarding various decisions.But which decision is more important and which is less important ,it has to be considered.
For this Chester has to assign weights to each criteria depending upon the importance of that decision criteria .This will help him to prioritize effectively.It will give him more clarity on decision making.
Steps for weighing the decision criteria
- Identify the criteria:Identify the key factors that matters.It means what important decisions Chester has to take to resolve the matter.All those decisions have to be considered.
- Rate the criteria:Give weights to all the decision criteria.More weights to important decisions and less weights to less important decisions.
- Rate your options against criteria and multiply by weights.
Answer:
C
Explanation:
Material price variance
Actual cost of materials =$ 6,888
Standard cost of material = 8200*0.8 =$6560
Variance ( Difference between the actual and budgeted price for materials)
= (6888-6560)
= $328 unfavorable variance.
Material quantity variance
Standard material per unit = 8 kilogram
Actual units produced = 870
Standard material = 6960
Actual material used = 7150
Material quantity variance = Difference in quantity of material used multiplied by the standard cost of material (7150-6960)*0.8
=$ 152 unfavorable variance
The two variances are unfavorable as they exceeded the budget
The answer is: "job enrichment" .
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<span> "Frederick Herzberg believed the best way to motivate employees with through his model of <u> job enrichment </u><u /> , which expands job content to create more opportunities for job satisfaction."
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Were the choices to the question that your looking for
Answer:
D) functional allocation
Explanation:
These are the options for the question;
A) overriding royalty arrangement.
B) reversionary sharing arrangement.
C) carried interest.
D) functional allocation.
A sharing arrangement in which only deductible costs are apportioned to the investor, with the sponsor bearing all capitalized costs is called functional allocation.
functional allocation in management involves the act in which employee are grouped in departments according to skills possessed by them or area they specialize in, and these department are been managed by functional leader.. It is very important in business for employees to give their best during production.