1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STALIN [3.7K]
3 years ago
10

A sales manager has implemented a program for his salespeople that involves a meeting with each salesperson, during which the sa

les manager gives the salesperson the yearly quota for the salesperson's territory. The sales manager has missed the key concept in management by objectives, which is a. mutual goal setting between the sales manager and the salesperson. b. reducing the paperwork involved in the MBO process. c. documentation of the sales quota in the salesperson's personnel file. d. a mutual understanding of the punishment to be given if the salesperson does not meet the goal set by the sales manager. e. ensuring that the economy can support the sales quota assigned.
Business
1 answer:
Vsevolod [243]3 years ago
7 0

Answer:

A) mutual goal setting between the sales manager and the salesperson.

Explanation:

Management by objectives (MBO) is a management approach that is based on setting attainable goals for every member of the organization. These goals must be set together and agreed by the employee and his/her supervisor.

One of the main advantages of this approach is that it creates a more productive environment where all of the members of the organization know their goals and work towards achieving them. This approach allows no excuses, since the responsibility of setting the goals is shared between the manager and the employee.

You might be interested in
The Lunch Counter is expanding and expects operating cash flows of $32,500 a year for seven years as a result. This expansion re
storchak [24]

Answer:

$109,688.89

Explanation:

According to the scenario, computation of given data are as follows,

Formula for Net present value are as follows,

NPV = -Investment in fixed asset - Net working Capital + Operating cashflow × ( 1 - (1+r)^{-n}) ÷ r + Net working capital ×(1+r)^{-n}

Where, r = rate of return

n = number of years

By putting the value, we get

NPV = -28,000 - 2,800 + 32,500 × ( 1 - (1+0.14)^{-7}) ÷ 0.14 + 2,800 × (1+0.14)^{-7}

By solving the above equation, we get

NPV = $109,688.89

8 0
3 years ago
Federally chartered banks and credit unions are run like businesses that make a profit.
Licemer1 [7]

Answer:

False.

Explanation:

A bank is said to be federally chartered when it is appropriately authorized and regulated by the federal government of a country with recourse to statutory laws but not the state government. Some examples of federally chartered banks are Wells Fargo Bank, Bank of England, Swiss National Bank, Citizen National Bank, Bank of Japan, PNC Bank, First National Bank, U.S. Bank, Reserve Bank of Australia, etc.

A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks.

Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.

Hence, federally chartered banks and credit unions are not run like businesses that are a profit i.e they are a non-profit business.

4 0
3 years ago
Colin is convinced that his product idea has tremendous potential. He has decided to produce the product himself, but plans to u
LuckyWell [14K]

Answer:

Channel of distribution

Explanation:

A channel of distribution is a means used to get a product from the producer or manufacturer to the consumer. Channels of distribution include wholesalers, retailers, distributors etc.

7 0
3 years ago
Assets are debts or money you owe to others. answer true false
ollegr [7]
False.
Asset are things you own, Debts are things you owe.
Hope that Helps :3
8 0
3 years ago
Indicate the point where a monopoly will set its price
strojnjashka [21]

Where marginal cost equals marginal effort.

Marginal cost is the additional cost for producing each additional unit, and marginal effort is the additional work per unit

6 0
4 years ago
Read 2 more answers
Other questions:
  • A study finds that the noise from lawn mowers is harmful; hence, the government imposes a $20 tax on the sale of every unit. Thi
    9·1 answer
  • Job has a full-time construction job and also does odd jobs for people on the weekends. you have purchased the material
    5·1 answer
  • Consider the recorded transactions below.
    6·1 answer
  • The USDA has approved over 10,000 genetically engineered crops. True or False
    8·1 answer
  • A fast-food restaurant featuring hamburgers is adding salads to the menu The price to the customer will be the same Fixed costs
    8·1 answer
  • Noterman Company has credit sales of $600,000 in January. Past experience suggests that 40% is collected in the month of sale, 5
    6·1 answer
  • A market segment consists of a group of: a. products that are considered obsolete. b. similar products. c. customers who have si
    11·1 answer
  • True Furniture Co., Ltd. produces desks and cabinets for computers. The production process is largely divided into woodworking a
    9·1 answer
  • _ determine the specific short-term actions to be taken, internally and externally, by whom and when.
    8·1 answer
  • Mission: To create events that are awesome and classy.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!