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3 years ago

Which of the following statements is false concerning the use of ABC in service industries?

Business

1 answer:

ELEN [110]3 years ago

6 0

Answer:

b. When using ABC for service industries, special methods must be used to identify cost pools and cost drivers due to the unique nature of the services offered.

Explanation:

The cost pool method are the same we should look for activities which add value to the product to provide a more accurate product costing.

In cases of services the company will also determinate activities considering this premise therefore, there is no especial nature to offer to the client.

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Electronic media have changed the way employers select qualified candidates. Applicant tracking systems (ATS) are often the firs

guapka [62]

Answer:

a. Move all text to the right.

a. Unusual typefaces, underlining and italics.

c.Unfamiliar abbreviations.

Explanation:

Application Tracking System (ATS) is a software which helps organization to manage the recruiting process. It enables to look for required skills in a certain applicant and then select those candidates who matches the certain requirements by organization.

The candidates should format the resume as short lines and mention key points. Move all text to the right to be able for ATS to ease tracking process.

The candidates should avoid including unusual typefaces and italics, should not use unfamiliar abbreviations.

8 0

3 years ago

Magellan is adding a project to the company portfolio and has the following information: the expected market return is 11.6%,

fredd [130]

Answer:

The beta of the new project is 1.475

Explanation:

The beta is the measure of systematic or market risk associated to a stock. The beta is used in the calculation of the required/expected rate of return under the CAPM model. The CAPM model uses the following formula to calculate the required/expected rate of return,

r = rRF + Beta * (rM - rRF)

Plugging in the available variables, we can calculate the value of the beta.

0.154 = 0.036 + Beta * (0.116 - 0.036)

0.154 - 0.036 = Beta * 0.08

0.118 / 0.08 = Beta

Beta = 1.475

6 0

4 years ago

Project management is not without its critics. As you have read, project management has experienced noteworthy failures in imple

Gnesinka [82]

Answer:

The factors that cause the failure of project management to achieve its goals include the following:

1. The scope of some projects are not well-defined and detailed.

2. Some project managers lack the required project and administrative experience, exposure, and training needed for successful project planning and implementation.

3. Some project managers do not identify the critical project risks from the beginning.

4. Projects that lack formal methods and strategies often fail.

5. It has been established that some project managers and their teams are not well-motivated to deliver their projects, leading to key staff abandoning the company and the projects mid-way.

6. Successful projects require detailed documentation and planning, the setting of deadlines, and the tracking of progress.

7. Leadership is key to effective project management. Without senior management or politicians' buy-in, some projects face massive failure.

Explanation:

Project management starts from the home to the larger society. It involves a fundamental application of process knowledge, management skills, technical tools and key deliverables, and various techniques to project activities in order to meet project goals and requirements. Project managers and organizations that must achieve success should understand the causes of project failure.

7 0

3 years ago

Which has a higher flow rate? 10 customers arriving over two hours or 10 customers arriving over three hours?

Tcecarenko [31]

The one that gives a higher flow rate is: 10 customers over 2 hours. The flow rate is 5 customers per hour.

Flow rate is defined as the number of flow units that pass through the business process per unit time.

The flow unit can be money, customers, products, parts, services, etc.

Example of flow rate is number of customers serviced per hour, number of parts produced per minute, etc.

From the definition, the flow rate can be expressed as:

Flow rate = number of flow unit / time interval

There are 2 scenarios in the given problem.

Scenario 1:

Flow unit = 10 customers

Time interval = 2 hours

Hence, the flow rate in scenario 1 = 10/2 = 5 customers per hour

Scenario 2:

Flow unit = 10 customers

Time interval = 3 hours

Hence, the flow rate in scenario 2 = 10/3 = 3.33 customers per hour

By comparing the above scenarios, the one that gives higher flow rate is scenario 1, 10 customers over 2 hours.