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Nuetrik [128]
3 years ago
15

_________ management provides associates with decision power and the information they need to use that power effectively. A. Mon

ochronic B. Transnational C. Polychronic D. Global E. High-involvement
Business
2 answers:
Vsevolod [243]3 years ago
8 0

Answer:

E. High-involvement.

Explanation:

High involvement management is focused on employee involvement in day-to-day running of the business. Employees are allowed to make decisions about execution of their jobs and participate in other aspects of the business. It reduces negativity an employee bfeels in performing his job because he is involved and makes decisions in the process.

This results in higher productivity and better performance of the firm by improving employee skill and motivation.

Luden [163]3 years ago
7 0

Answer:

The correct answer is letter "E": High-involvement.

Explanation:

American researcher Edward E. Lawler (born in 1938) coined the term high-involvement management to refer to the managerial approach that focuses on employee involvement. This is achieved by providing workers with more autonomy, place special focus on employee development, and promoting flexibility which is believed to lead the company to have higher efficiency and productivity levels.

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Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,600,000. Suppose management projects that
MariettaO [177]

Answer:

<u>Budgeted Income Statement for each of the four quarters and for the entire year</u>

Quarter                        1st                    2nd                3rd                  4th

Sales                     $4,738,000    $5,069,660    $5,323,143     $5,536,069

Cost of Sales       ($2,132,100)     ($2,281,347)  ($2,395,414)     ($2,491,231)

Gross Profit          $2,605,900     $2,788,313    $2,927,729     $3,044,838

Operating Costs  ($1,421,400)    ($1,520,898)  ($1,330,786)      ($1,107,214)

Operating Profit    $1,184,500      $1,267,415     $1,596,943      $1,937,624

Explanation:

Pay attention to the calculation of the following amounts :

  1. Sales - These are based on increments per quarter
  2. Cost of Sales - The Cost for quarter is at 45% of Revenue
  3. Operating Costs - Based on Sales amounts ( 30 % in the first two quarters , 25% in third and 20% in the 4th quarter.)
6 0
3 years ago
A student claims that he can correctly identify whether a person is a business major or an agriculture major by the way the pers
Butoxors [25]
A business major 87% of the time, while 16% of the time mistakenly identifies an agriculture major.
4 0
3 years ago
On December 31, 2016, Akron, Inc. purchased 5 Percent of Zip Company's common shares on the open market in exchange for $16,600.
Oxana [17]

,Answer:

$23,910

Explanation:

The computation of the  amount of equity income should Akron report for 2018 is given below:

But before that the amortization is

Purchase price $97,500

carrying value ($390,000 ×5%) $19,500

Total fair value $117,000

Less: net book value ($287,000 × 0.30) $86,100

Franchise agreement $30,900

Divided by Remaining life 10

annual amortization $3,090

Now the amount of equity income is

= $90,000 ×30% - $3,090

= $23,910

8 0
3 years ago
Which of the following describes the macroeconomy? a. The US inflation rate has been under 2% annually over the last 7 years. b.
Alex

Answer:

Correct option is A.

The US inflation rate has been under 2% annually over the last 7 years.

Explanation:

Answer is a because it deals with the aggregate economy. Answer C deals only with Texas so it is wrong.

6 0
3 years ago
Lewis Manufacturing Company is planning to invest in equipment costing $240,000. The estimated cash flows from this equipment ar
kogti [31]

Answer:

The payback period for this investment is 3.25 years.

Explanation:

Payback period: The payback period is the period in which the initial investment is recovered. It shows the duration in which the investment amount is recovered.

In this question, we use the Steps to compute the payback period which is shown below

Step 1: First we have to sum the yearly cash inflows which is equal or less than the initial investment

Step 2: After that take the difference amount in the numerator side and next year cash inflow amount in the denominator side

In mathematically,

The initial investment amount is $240,000

And if we add the three years cash inflows which equals to

= Year 1 cash inflows + Year 2 cash inflows + Year 3 cash inflows

= $100,000 + $75,000 + $55,000

= $230,000

In 3 years, the $230,000 amount is recovered

The remaining amount i.e.

initial investment - sum of three years cash flows

$240,000 - $230,000

Now take the year 4 cash inflows in the denominator side

So, the payback period is equals to

= 3 years + $10,000 ÷ $40,000

= 3 years + 0.25

= 3.25 years

Hence, the payback period for this investment is 3.25 years.

7 0
3 years ago
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