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2 years ago

Which of the following is true of work?

Business

1 answer:

Mademuasel [1]2 years ago

5 0

Answer:

a. A job needs to be divided into types of work so that it can be coordinated in some logical way. ==>TRUE.

b. Work is the output that comes from the accomplishment of tasks. ==>FALSE.

c. Work is effort directed toward accomplishing results.==>TRUE.

d. Ideally, the work to be done in any organization should be significantly less than the amount of work that the organization needs to have done.==>FALSE

Explanation:

For a Job to be effectively executed, the steps required to carry out the job needs to be properly outlined, this itemized steps can be regarded as the work that needs to be done to properly execute the job.

Every work done has to be goal oriented, this is done to give the workers a sense of direction and also to avoid wasting time, energy and resources on things irrelevant to the job at hand.

Work done on an organization has to be equal to or more than it had planned to carry out in order to achieve the organization overall objectives.

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Your younger sister, Linda, will start college in five years. She has just informed your parents that she wants to go to Hampton

Elden [556K]

Answer:

The answer $6,964.4726324 per year

Explanation: The following elements are to be considered in this case:

- The total amount required for Linda's education is $132,000 ($33,000*4)

-Parents had already started investing $5,300 per year for the past five years. This is a stream of even cash flows, at an interest rate. Considering we are at the point before our parents decided to invest the $5,300 and we want to determine the future value of this fixed payments, we will consider the formula below:

Future Value FV = Cash flow per period C * ([1 + i]^n - 1 )/i where i is the interest rate and n the number of times or periods

FV= $5,300 * ([1 + 0.11]^5 - 1 )/0.11

FV= $5,300 * 6.22780141

FV= $33,007.347473

Considering they will continue to save $5,300 for five more years, we can adjust the above formula and obtain the future value of the fixed payment of $5,300 over a period of 10 years

FV= $5,300 * ([1 + 0.11]^10 - 1 )/0.11

FV= $5,300 * 16.722008965

FV= $88,626.647515

This implies our parents will have the above amount when Linda is to start college and will require an additional $43,373.35248 ($132,000 - $88,626.647515 ) to have the entire fees at hand.

Now, we have to determine how much should be saved every year for the next five years (when Linda starts school) in order to obtain the amount left to complete Linda's fees.

Considering the formula above, it should be noted that we alraedy know the future value, the interest and the number of years involved. So to get the cash flow or amount to be saved per period,

- Cash Flow per period C = Future value FV/ ([1 + i]^n - 1 )/i

C = $43,373.35248 / ([1 + 0.11]^5 - 1 )/0.11

C = $43.373.35248 / 6.22780141

C = $6,964.4726324

Thus, in addition to the $5,300 currently being saved by our parents, they will have to save an additional $6,964.4726324 per year so as to obtain the total amount for Linda fees of $132,000 which will be divided into $33,000 per year.

3 0

3 years ago

Read 2 more answers

Which of the following individuals and groups are considered intermediaries in the healthcare industry?

Marina CMI [18]

Answer:

C. health maintenance organizations

Explanation:

Healthcare intermediaries organizations that form links between small-scale providers to interact with governments, patients and vendors. These organizations can perform key health systems functions which are typically more challenging for individual private providers to do on their own. An individual pays the health maintenance organisation in advance for medical care that he may require in the future and the organisation provides medical care to the individual when the need arises. These organisations are able to provide this care by paying doctors affiliated to them, and other healthcare providers who deliver care to the patients

6 0

2 years ago

Brightstone Tire and Rubber Company has capacity to produce 221,000 tires. Brightstone presently produces and sells 169,000 tire

Firdavs [7]

Answer and Explanation:

A. The preparation of the differential analysis dated January 21 on whether to reject (Alternative 1) or accept (Alternative 2) the special order from Euro Motors is presented below:

Differential analysis

Reject (Alternative 1) or accept (Alternative 2)

Jan 21

Particulars Reject order Accept order Differential effect on income

(Alternative 1) (Alternative 2) (Alternative 2)

Revenues

(26,000 tires × $93.6) $2,433,600 $2,433,600

Less: cost

direct material

(26,000 tires × $54) -$1,404,000 -$1,404,000

Direct labor

(26,000 tires × $24) -$624,000 -$624,000

Variable factory overhead

(26,000 tires × $24 × 0.62) -$386,880 -$386,880

Variable selling and admin expenses

(26,000 tires × $25 × 0.44) - ($114 × 4%)

-$167,440 -$167,440

Shipping cost

(26,000 tires × $7.65) -$198,900 -$198,900

Certification cost -$165,424 -$165,424

Income or loss -$513,044 -$513,044

B. As we can see that there is a loss of -$513,044 so the special order should be rejected

C. The minimum price is

= Selling price - differential income per unit

= $93.6 - (-$513,044 ÷ 26,000 tires)

= $93.6 - (-$19.73)

= $113.33

5 0

3 years ago

In an imaginary economy, consumers buy only razors and cologne. The fixed basket consists of 6 razors and 4 bottles of cologne.

Hitman42 [59]

Answer:

The answers are:

The CPI for 2009 is 100 (since it is the base year)
The CPI for 2010 is 129.17
The inflation rate for 2010 is 29.17%

Explanation:

<u>CPI basket for 2009</u>

6 razors x $20 per razor = $120
4 bottles of cologne x $30 per bottle = $120

The total value of the CPI basket for 2009 is $240

<u>CPI basket for 2010</u>

6 razors x $25 per razor = $150
4 bottles of cologne x $40 per bottle = $160

The total value of the CPI basket for 2010 is $310

The CPI for 2009 is 100, since it is the base year
The CPI for 2010 = (CPI basket 2010 / CPI basket 2009) x 100 = ($310 / $240) x 100 = 129.17
The inflation rate for 2010 = [(CPI basket 2010 / CPI basket 2009) - 1] x 100 = (1.2917 - 1) x 100% = 29.17%

3 0

2 years ago

Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four

maxonik [38]

Answer:

Total= $77,153

Explanation:

Giving the following information:

Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four years.

The discount rate is 10%.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Cf1= 12,900*1.1^3= 17,169.9

Cf2= 16,300*1.1^2= 19,723

Cf3= 18,600*1.1= 20,460

Cf4= 19,800

Total= $77,153

8 0

3 years ago