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blsea [12.9K]
3 years ago
9

Which of the following techniques can managers use to increase an employee’s goal commitment? Check all that apply. a. Ask the e

mployee to participate in goal setting b. Ask the employee to publicly state his or her goals c. Ask top management to speak publicly about their support for the employee’s goals d. Continually revise goal difficulty upward
Business
1 answer:
allsm [11]3 years ago
4 0

Answer:

All of the following techniques can be used by managers use to increase an employee’s goal commitment.

A. Ask the employee to participate in goal setting

B. Ask the employee to publicly state his or her goals

C. Ask top management to speak publicly about their support for the employee’s goals

D. Continually revise goal difficulty upward

All of the given options are very much true in order to increase an employees goal commitment. If manager asks an employee to participate in goal setting, then definitely he or she will be feeling motivated to attain that goal which are formed and set by taking his or her opinion and participation. When employees will be encouraged to state their goals publicly then chances are higher that top level management can have access to them so they can consider them while formulating goals. Top management should speak openly about their support for the employee's goals so they can think and feel that our organization is standing behind us all the times. Moreover, when managers will continually revise the goals and make it somewhat difficult from the previous ones them employees will be motivated to learn more and will try to attain and achieve those harder goals more effectively.

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Using the following end-of-year information, calculate the number of days' sales in receivables for Year 2.
victus00 [196]

Answer:

The number of days' sales in receivables for Year 2 is 48.7

Explanation:

The formula that is applicable to this scenario is the accounts receivable divided by sales multiplied by 365 days

The number of days' sales in receivables=$11,000/$82,500*365=48.67  

The correct option is D, since the 48.67 was simply rounded down to one decimal place.

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3 years ago
Today is your 20th birthday, and your parents just gave you $5,000 that you plan to use to open a stock brokerage account. You p
Alex Ar [27]

Answer:

You anticipate that you will have $432,522 in the account on your 65th birthday, following your final contribution.

Explanation:

To calculate this, we use the formula for calculating the future value (FV) and FV of ordinary annuity as appropriate as given below:

FVd = D * (1 + r)^n ......................................................................... (1)

FVo = P * {[(1 + r)^n - 1] ÷ r} ...................... (2)

Where,

FVd = Future value of initial deposit or balance amount as the case may be = ?

FVo = FV of ordinary annuity starting from a particular year = ?

D = Initial deposit = $5,000

P = Annual deposit =s $500

r = Average annual return = 12%, or 0.12

n = number years = to be determined as necessary

a) FV in five years from now

n = 5 for FVd

n = 4 for FVo

Substituting the values into equations (1) and (2), we have:

FVd = $5,000 * (1 + 0.12)^5 = $8,812

FVo = $500 * {[(1 + 0.12)^4 - 1] ÷ 0.12} = $2,390

FV5 = Total FV five years from now = $8,812 + $2,390 = $11,201

FVB5 = Balance after $5,000 withdrawal  in year 5 = $11,201 - $5,000 = $6,201.

b) FV in 10 years from now

n = 10 - 5 = 5 for both FVd and FVo

Using equations (1) and (2), we have:

FV of FVB5 = $6,201 * (1 + 0.12)^5 = $10,928

FVo = $500 * {[(1 + 0.12)^5 - 1] ÷ 0.12} = $3,176

FV10 = Total FV 10 years from now = $10,928 + $3,176 = $14,104

FVB10 = Balance after $10,000 withdrawal  in year 10 = $14,104 - $10,000 = $4,104

c) FV in 45 years from now

n = 45 - 10 = 35 for both FVd and FVo

Using equations (1) and (2), we have:

FV of FVB10 = $4,104 * (1 + 0.12)^35 = $216,690

FVo = $500 * {[(1 + 0.12)^35 - 1] ÷ 0.12} = $215,832

FV45 = Total FV 45 years from now = $216,690 + $215,832 = $432,522

Conclusion

Therefore, you anticipate that you will have $432,522 in the account on your 65th birthday, following your final contribution.

5 0
3 years ago
Marshall Inc. recently hired your consulting firm to improve the company's performance. It has been highly profitable but has be
dezoksy [38]

Answer:

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Explanation:

The computation of the cash conversion cycle is shown below:

As we know that

Cash conversion cycle is = Days inventory outstanding + days sale outstanding - days payable outstanding

where,

Number of days inventory outstanding is

= Average inventory ÷ cost of goods sold per day

= $75000 ÷ ($360,000 ÷ 365 days)

= 76.04 days

Number of days sales outstanding is

= Average account receivable ÷ Average sales per day

= $160,000 ÷ ($600,000 ÷ 365)

= 97.33 days

And, the number of days payable outstanding is

= Average accounts payable ÷ cost pf goods sold per day

= $25,000 ÷ ($360,000 ÷ 365)

= 25.35 days

So, the cash conversion cycle is

= 76.04 days + 97.33 days - 25.35 days

= 148.02 days

3 0
3 years ago
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