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Kryger [21]
3 years ago
6

Olde manufacturing, a parts supplier to the auto industry, has been using the behavioral approach to management for over 100 yea

rs. however, since that method of management is too simplistic for practical use, olde should begin implementing the newer and more sophisticated human relations movement approach to management, which is the most contemporary approach to management.
Business
1 answer:
allochka39001 [22]3 years ago
5 0

<u>The answer is "False".</u>


The human relations development was an important adjustment to the sterile approach utilized inside logical administration, however its optimism  came to be considered excessively oversimplified for viable utilize. All the more as of late, the human relations view has been superseded by the behavioral science way to deal with administration.

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In this scenario, Frankie must consider whether making one choice will force him to give up another.
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Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.
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3 years ago
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Maymart Inc sells its products at the lowest prices in the industry, and it believes that this is the best way to stay ahead of
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Answer:

A) The cost leadership strategy

Explanation:

Cost leadership is providing the service or supply of product without compromising the quality of service or product supplied.

In the given instance also, Maymart supplies goods without any decrease in quality standards that is goods are completely acceptable by customers, and that the goods are supplied at least price in the industry, this provides a competitive advantage to the company, by cost leadership.

As cost is least for consumer for same quality as demanded.

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3 years ago
A buyer has a 30-year, $400,000 loan with a 7% interest rate. How much of the first month's mortgage payment is interest
Juli2301 [7.4K]

The portion of the first month's mortgage payment meant for interest is $2,333.33

What is a mortgage?

Mortgage is a loan taken to acquire property which requires periodic interest payment such as monthly , semiannually or even annually.

First month interest=loan amount*annual interest rate/12

First month interest=$400,000*7%/12

First month interest=$2,333.33

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2 years ago
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Determine the starting current (LRC)
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You own $2,000 of city steel stock that has a beta of 2. 5. you also own $8,000 of rent-n-co (beta = 1. 9) and $4,000 of lincoln
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You own $2,000 of city steel stock that has a beta of 2. 5. you also own $8,000 of rent-n-co (beta = 1. 9) and $4,000 of lincoln corporation (beta = 0. 25). 1.51 is the beta of your portfolio?

Portfolio beta = Weighted Average beta of stocks

Portfolio beta = [2,000(2.5) + 8,000(1.9) + 4,000(0.25)]/14,000

Portfolio beta = 1.51.

Lincoln corporation announced last year that it will cease manufacturing the Continental and MKZ at the end of 2020. The rest of the 2020 models can be purchased new. When those are gone, Lincoln will be left with an all-SUV lineup.

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