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ElenaW [278]
3 years ago
6

At Flo Valley Manufacturing, workers are encouraged to find their own solutions to problems, and to implement their solutions wh

en practical. They work with little supervision because management feels they are committed and creative workers. Flo Valley’s policy reflects a ________ attitude about workers
a) Theory Yb) Theory Xc) Theory Wd) Theory Z
Business
1 answer:
Delicious77 [7]3 years ago
8 0

Answer:

a) Theory Y

Explanation:

According to Theory Y, managers believe employees are self motivated, creative and committed to their work. Hence, employees are given more responsibilities and a decentralised and more participative style of management is employed.

Flo Valley's management style shows characteristics of theory Y.

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Joshua borrowed $500 on January 1, 2017, and paid $25 in interest. The bank charged him a service charge of $15. He paid it all
Elena-2011 [213]

Answer: 8%

Explanation:

The Annual Percentage Rate or APR for short is calculated by dividing the finance cost by the total amount borrowed in the following manner,

APR = Finance Charge / Amount borrowed.

To calculate the Finance charge we add the interest and the service charge.

Finance charge = 25 + 15

= $40

Back to the APR formula we will have,

APR = Finance Charge / Amount borrowed

APR = 40/500

= 0.08

APR is 8%.

3 0
3 years ago
________ exists when a large number of firms produce goods that are similar but customers believe there is a difference.
hichkok12 [17]

Answer:

Monopolistic Competition

Explanation:

4 0
3 years ago
Read 2 more answers
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
USPshnik [31]

Answer:

The delivery cycle time was 26.9

Explanation:

The delivery cycle time is computed as:

Delivery cycle time = Wait time + Throughput time

where

Wait time is 13.6

The formula for computing the throughput time is as:

Throughput time = Move time + Process time + Queue time + Inspection time

where

Move time is 3.3

Process time is 2.7

Queue time is 7.0

Inspection time is 0.3

Putting values above:

Throughput time = 3.3 + 2.7 + 7.0 + 0.3

Throughput time = 13.3

Now, putting both the values above:

Delivery cycle time = 13.6 + 13.3

Delivery cycle time = 26.9

4 0
3 years ago
In an economy, the government wants to increase aggregate demand by $50 billion at each price level to increase real GDP and red
Tems11 [23]

Answer:

(B) $20 billion

Explanation:

Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.

ΔAD = \frac{ΔG}{1 - MPC}

where Δ means <em>change.</em>

<em />

Therefore, given ΔAD of $50 billion, and MPC of 0.6,

ΔAD = \frac{ΔG}{1 - MPC}

= 50 = \frac{ΔG}{1 - 0.6}

= 50 = \frac{ΔG}{0.4}

= ΔG = 50 * 0.4 = 20

Therefore, increase in government purchases = $20 billion.

3 0
3 years ago
A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $80 and is selling at face value. What will be
il63 [147K]

Solution:

Annual coupon payment of the bond is $80

At the beginning of the year, remaining maturity period is 2 years.

Price of the bond is equal to face value, i.e. the initial price of the bond is $1000.

New price of the bond = present value of the final coupon payment + present value of the maturity amount.

New price of the bond = $\frac{80}{1+r} +\frac{1000}{1+r}$

where, r is the yield to maturity at the end of the year.

Substitute 0.06 for r in the above equation,

Therefore new price of the bond is  = $\frac{80}{1+0.06} +\frac{1000}{1+0.06}$

                                                           = $\frac{1080}{1.06}$

                                                           = $ 1010.87

Calculating the rate of return of the bond as

$\text{rate of return}=\frac{\text{coupon+new price-old price}}{\text{initial price}}$

                     $=\frac{80+1018.87-1000}{1000}$

                     = 0.09887

Therefore, the rate of return on the bond is 9.887%

                                                                    ≈ 10 %

4 0
3 years ago
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