Answer: To prescribe enough policies to give organizational members clear direction and to place desirable boundaries on their actions, then empower them to act within these boundaries however they think makes sense.
Explanation:
A useful guideline in designing strategy-facilitating policies and operating procedures is: to prescribe enough policies to give organizational members clear direction in implementing strategy and to place reasonable boundaries on their actions, then empower them to act within these boundaries however they think makes sense.
Answer:
Performance
Explanation:
The ultimate responsibility of the manager is to accomplish the high performance that represent the attainment of the organization goals via using the resources in a best way i.e. efficient and effective manner
So the responsibility of the manager is to accomplish the high performance so that the company could attain its goals and objectives
Answer: C. No, but he is liable for another $2 per share.
Explanation:
A stock is not to be issued below its par value as this is the lowest price that it is to be issued at. If a par value is $4 for instance, the stock cannot be issued for anything less than this $4.
In this scenario, the par value is $8 per share which means that Globule Inc. cannot issue this share for less than $8. Kirby in paying only $6, is still liable for $2 so that he can at least pay for the stock at its par value.
Answer:
Our answer is E 114,420
Explanation:
Production budget:
Jan Feb Mar
Budgeted sales units 40000 37000 34000
Add: Ending inventory 12950 11900
Total requirement 52950 48900
Less: Beginning inventory 14000 12950
Budgeted production units 38950 35950
Purchase budget of Box:
Jan Feb
Budgeted production 38950 35950
Bx required per unit 3 3
Total requirement of Boxes 116850 107850
Add: Ending inventory 21570
Total boxes needed 138420
Less: Beginning inventory 24000
Budgeted Purchase boxes 114420
Answer is E. 114420
Answer:
$400
Explanation:
Calculation to determine the minimum acceptable price of this special order
Using this formula
Minimum acceptable price=Direct materials+ Direct labor+ Manufacturing support +Marketing costs
Let plug in the formula
Minimum acceptable price=$140 + $100 + $105 + $55
Minimum acceptable price=$400
Therefore the minimum acceptable price of this special order is $400
