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Sergio039 [100]
3 years ago
12

Steven manages a team responsible for opening new restaurants of a large, fast-food chain. His team goal is to open eight restau

rants in four months' time, and he's mapped out a plan for breaking this goal into actual tasks and projects. As Steven's mentor, what advice do you give him for managing obstacles that might disrupt his progress?
Business
1 answer:
3241004551 [841]3 years ago
5 0

Answer:

divide all of the current obstacles by the level of urgency and take it one step at a time

Explanation:

When making any sort of plans there will always be unexpected obstacles that prevent/disrupt you from making progress. In these situations, the best advice would be to divide all of the current obstacles by the level of urgency and take it one step at a time. If you try to solve all the problems at once you will get overwhelmed and stressed out. Instead solve one at a time, focusing on the more urgent problems first.

You might be interested in
During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 80,000 mini refrigerators, of whi
IRISSAK [1]

Answer:

<u>1. Income statement based on the absorption costing concept.* </u>

Sales                                                                                       $10,800,000.00

Less Cost of Goods Sold

Beginning Inventory                                         $0

Add Cost of Goods Manufactured           $9,600,000.00

Less Ending Inventory                                ($960,000.00) ($8,640,000.00)

Gross Profit                                                                             $2,160,000.00

Less Expenses :

Selling and administrative expenses:

Variable                                                      $1,080,000.00

Fixed                                                              $180,000.00  ($1,260,000.00)

Net Income/(loss)                                                                     $900,000.00

<u>2. Income statement based on the variable costing concept.*</u>

Sales                                                                                       $10,800,000.00

Less Cost of Goods Sold

Beginning Inventory                                         $0

Add Cost of Goods Manufactured           9,280,000.00

Less Ending Inventory                              ($928,000.00)   ($8,352,000.00)

Contribution                                                                             $2,448,000.00

Less Expenses :

Fixed manufacturing cost                            $320,000.00

Selling and administrative expenses:

Variable                                                      $1,080,000.00

Fixed                                                              $180,000.00  ($1,580,000.00)

Net Income/(loss)                                                                     $868,000.00

3. Reason

Fixed Costs that are deferred in Ending Inventory units under adsorption costing has resulted in absorption costing having a larger profit.

Explanation:

Production units             80,000

Less units Sold              (72,000)

Ending Inventory units     8,000

absorption costing calculations

<u>Manufacturing Cost - absorption costing</u>

                                                             $

Direct materials                         6,400,000.00

Direct labor                                 1,600,000.00

Variable manufacturing cost     1,280,000.00

Fixed manufacturing cost            320,000.00

Total Manufacturing Cost         9,600,000.00

Ending Inventory = 9,600,000.00 × 8,000/ 80,000

                             = $960,000

variable costing calculations

<u>Manufacturing Cost - variable costing</u>

                                                             $

Direct materials                         6,400,000.00

Direct labor                                 1,600,000.00

Variable manufacturing cost     1,280,000.00

Total Manufacturing Cost         9,280,000.00

Ending Inventory = 9,280,000.00 × 8,000/ 80,000

                             = $928,000

6 0
4 years ago
In the real business cycle model, this best explains an increase in real GDP above the full-employment level?
umka21 [38]

Answer:

a positive technology shock

Explanation:

Technology is part of the capital factor of production, and it is the most important way of increasing the quality of capital. An increase in the quality of capital means that given a same amount of capital (e.g one machine), labor will be able to produce a larger output (an increase in productivity). Technological improvements are usually achieved through research and development.

Technological improvements also affect the land factor since they can reduce the use of natural resources and wastes, although the largest impact is usually made on labor productivity.

When a country's productivity increases, real GDP might increase above full employment level because less workers are needed to produce larger outputs.

7 0
3 years ago
Two clerks sharing the same cash register is a violation of which internal control principle? Multiple Choice Bond key employees
Rudiy27

Answer:

The answer is: Establish responsibilities.

Explanation:

Establishment of responsibility  refers to a very basic characteristic of internal control, an employee is responsible for the task he is assigned to do.

For example, who is responsible for any money missing in the cash register? If both cashiers share the same cash register, how can you assign responsibilities.

8 0
3 years ago
Andrew acquires 2,000 shares of Eagle Corporation stock for $100,000 on March 31, 2014. On January 1, 2018, he sells 125 shares
kykrilka [37]

Answer:

D) March 31, 2014, for 125 shares and January 22, 2018, for 10 shares.

Explanation:

Since Andrew sold 125 shares on January 1, 2018 and then bought 135 shares on January 22, 2018, the wash-rule applies to 125 shares. That means that the holding period for 125 shares is March 31, 2014.

The remaining 10 shares' holding period starts on January 22, 2018.

3 0
4 years ago
The advantage to an S corporation is
ddd [48]

Answer:

a. its treatment of shareholders for income taxation purposes. 

Explanation:

An s corporation is a type of corporation with a maximum of 100 shareholders. The S - corporation is taxed like a partnership - they are not required to pay coparate income tax on profits. Therefore, s-corporations escape the double taxation associated with corporations.

I hope my answer helps you.

7 0
3 years ago
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