Answer:
a. Staffing the organization, building core competencies, and structuring the organization and work effort
Explanation:
Staffing is the management function undertaken with an objective to hire right people for the most suitable job position, and keeping filled organizational positions throughout.
A core competency refers to those unique capabilities an organization builds over time owing to innovation, creativity or efficient resource management, which yields competitive advantage to the organization. A core competency cannot be easily imitated by the rival firms and provides competitive edge to the firm who possesses it.
Organizational structure would define the hierarchy and define reporting responsibilities of it's employees, the extent of delegation of tasks and the organizational culture.
Thus for an organization to be capable of executing good strategy, the above three are a requisite.
Answer: The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions .
Explanation:
Since the line managers are responsible for the final selection of a new employee while the HR recruiting specialist gives information about potential employees and arranging for interviews, then the recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions.
By getting information from the potential employees, the recruiting specialist can know the people who are qualified for the job and possess the necessary requirements for the job and those who aren't qualified.
Answer:
c. $140,000
D) Manufacturing Overhead.
Explanation:
800,000 / 40 = 20,000 books sold
variable cost per book:
$3 selling + 5% of the sale as adminsitrative cost =
3 + 40 x 0.05 = 5
5 x 20,000 = 100,000 variable cost
total variable cost:
560,000 + 100,000 variable selling and administrative = 660,000
800,000 sales revenue
<u> - 660,000 </u> variable cost
140,000 contribution margin
Q2:
The indirect materials will be cahrge agains t the debit of manufacturing overhead to latter define the amount under-over applied
Explanation:
1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.
2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.
3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.
4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.
Answer:
The present value of your prize at a discount rate of 8 percent is $277,777.78
Explanation:
In order to calculate the present value of your prize at a discount rate of 8 percent we would use the DDM to compute the present value today as follows:
As per ddm model value today = Expected earning next year / (required rate - growth rate)
expected cash flow after 1 year =$12,500
Growth = 3.50%
required rate =8%
Therefore, Value today =$12,500/(8%-3.5%)
Value today = $277,777.78
The present value of your prize at a discount rate of 8 percent is $277,777.78