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BlackZzzverrR [31]
3 years ago
7

Dane works as a sales representative for the Better Butter Company. He is about to meet with his manager to review his progress

toward meeting the sales objectives they agreed to at the beginning of the year. Dane likes the fact that managers at Better Butter listen to their subordinates' ideas and get everyone involved in setting goals and objectives. Dane's experience suggests that Better Butter is utilizing:
a. scientific management.b. management by objectives (MBO).c. the program evolution and review technique(PERT).d. programmed mangement.
Business
1 answer:
Tamiku [17]3 years ago
7 0

Answer:

The answer is: B) management by objectives (MBO)

Explanation:

Management by objectives (MBO) is a strategic management model developed by Peter Drucker. Drucker's main principle stated that MBO was: to determine joint objectives and to provide feedback on the results.

According to this model, when employees participate in setting goals and action plans they will feel encouraged to participate and commit to the organization's goals. By jointly (employees + management) setting challenging but attainable objectives, employees felt empowered and motivated to fulfill those goals.

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Financial managers should primarily focus on the interests of:
Sloan [31]
Financial managers should focus on share holders because the share holders are the one who has an ownership of shares in a company that they invest in. As financial managers are the ones who works for managing money in a more efficient way, that is why they should focus on share holders for they could manage the shares that they have in the company for it to be organized and accomplish goals that they need to meet.
7 0
4 years ago
A rich uncle wants to make you a millionaire. How much money must he deposit in a trust fund paying 12% compounded quarterly at
Reptile [31]

Answer:

P=24.92 per quarter

Explanation:

this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:

s_{n} =P*\frac{(1+i)^{n}-1 }{i}

where s_{n} is the future value of the annuity, i is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

s_{60*4} =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}

we will asume that deposits are made as interest is compounded it is quarterly thats why we multiply 60 and 4 and also we divide 12% into 4, so:

1,000,000 =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}

solving P

P=24.92

8 0
3 years ago
A comparative advantage is the ability of a country to produce a particular good or service at a lower ____________ than another
kotykmax [81]

Answer

Hi,

Correct answer option is {a}

Explanation

Comparative advantage occurs when a nation produces a good or service for a lower opportunity cost than other countries. In this case, the advantages of buying their goods or services will surpass the disadvantages. This is to say that country may not be the best nation in production of a particular good or service but the good or service offers a low opportunity cost for other nations to import. A good example is oil-producing nations who have a comparative advantage in chemicals because the oil is locally produced thus a cheap raw material for chemicals as compared to nations without oil production.

Best of Luck!

5 0
4 years ago
Ash is the preferred wood to be used in the production of baseball bats. If a company was to buy the rights to harvesting the as
kati45 [8]

Answer:

C. control of resources

4 0
3 years ago
​"A set of logically related tasks or activities performed to achieve a defined business​ outcome" is the definition of A. suppl
kaheart [24]

Answer:

Process

Explanation:

A process involves the steps or actions that are taken for the accomplishment and achievement of a particular aim or objective. A business process is a structured, related, activities by individuals or machines whereby a specific sequence leads to the production of a product or a service for a particular set of people.

Processes occur at every organizational levels. Without processes in organizations, the accomplishment of organization goals will not be feasible.

6 0
4 years ago
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