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Rainbow [258]
3 years ago
5

Having realistic expectations and thinking about the kind of manager you want to be, not forgetting to manage upward and sideway

s as well as downward, getting guidance from other managers, and resisting isolation is good advice for those who are __________.
Business
1 answer:
Rama09 [41]3 years ago
7 0

Having realistic expectations and thinking about the kind of manager you want to be, not forgetting to manage upward and sideways as well as downward, getting guidance from other managers, and resisting isolation is good advice for those who are Transitioning upward in an organization.

Explanation:

  • When done well, managing up makes your manager's (and your) job easier. Understanding the best way to communicate with your boss, demonstrating that you care, meeting performance goals and more, won't go unnoticed. Managing up can be especially important with a newly hired manager, or when you change teams.
  • But, for those who do, there are some important steps to take to position themselves to step into these higher-level roles.
  1. Yearning for Management Experience.
  2. Let Your Interest be Known.
  3. Seek Feedback to Help You Close Performance Gaps and Develop Key Skills.
  4. Focus on Your Strengths.
  5. Get Some Practice.
  6. Think Big Picture.
  7. Embrace the Mission.
  8. Develop a Positive Relationship.
  9. Understand His or Her Goals.
  10. Anticipate His or Her Needs.
  11. Never Let Him or Her Get Blindsided.
  • It helps in Achieving Group Goals - It arranges the factors of production, assembles and organizes the resources, integrates the resources in effective manner to achieve goals. It directs group efforts towards achievement of pre-determined goals.
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Congratulations, you are a millionaire. No, the Delaware Lottery office did not call. However, an officer from Bank of America h
nevsk [136]

<u>Part A</u>

<u />

<u>Answer:</u>

$207,021

<u />

<u>Explanation:</u>

The balance on the account at the end of the year 2020 is $1,000,000

The question asks us to calculate the balance on the account at the end of the year 1970, which is exactly 50 years ago.

We would simply discount the $1,000,000 by using an interest rate of 3.2%

PV_{1970} = \frac{1000000}{(1 + 0.032)^{50} } = $207,021

<u>Part B</u>

<u></u>

<u>Answer:</u>

$17,892.88

<u>Explanation:</u>

We have the value at year 1970 which is $207,021

Now to calculate the annual payment (PMT) we would plug the following values in the financial calculator,

PV = 0

N = 10

FV =207021

I/Y = 3.2

PMT = ?

PMT = $17,892.88

https://www.calculator.net/finance-calculator.html?ctype=contributeamount&ctargetamountv=207021&cyearsv=10&cstartingprinciplev=0&cinterestratev=3.2&ccontributeamountv=1000&ciadditionat1=end&printit=0&x=102&y=11

4 0
3 years ago
Nicole knows her restaurant is understaffed today. She is hoping to get through the day without falling below her customers' ___
Mandarinka [93]

Answer:

D) zone of tolerance.

Explanation:

Zone of tolerance: It defined as the service acceptance level of the customer beyond which the customer does not tolerate the service. it is an area between desired service and acceptable service, the acceptable service is the standard service in the market, which is made by advertisements and other communication sources.

In the given case, Nicole is able to deliver the acceptable service to the customer instead of being understaffed as she knows customer´s "zone of tolerance" before going elsewhere.

8 0
2 years ago
What percentage of each dollar of sales affected net income given Sales of $120,000; Cost of Goods Sold of $70,000; Operating Ex
Romashka [77]

Answer: 25%

Explanation:

3 0
2 years ago
If the marginal propensity to consume (MPC) is 0.75, and if the goal is to increase real GDP by $400 million, then by how much w
mr Goodwill [35]

Answer:

Government spending would have to change by <u>$1.6 billion</u>

Explanation:

The marginal propensity to consume (MPC) refers to the proportion of an increase in aggregate income that is spent on consumption of commodities by a consumer.

Since from the question, we have:

MPC = Marginal propensity to consume = 0.75

The MPC can therefore be used to calculate the fiscal multiplier which measures the effect of government spending on real GDP as follows:

Fiscal multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4.0

Therefore, we have:

Change in government spending = Fiscal multiplier * Amount of targeted increase real GDP = 4.0 * $400 million = $1.6 billion

Therefore, government spending would have to change by <u>$1.6 billion</u> to generate $400 million increase in real GDP.

6 0
3 years ago
What might be an example of corporate social responsibility
Thepotemich [5.8K]
Reducing carbon footprints. Improving labor policies. Participating in fairtrade. Charitable giving. hope this helps you. jajjaja
5 0
2 years ago
Read 2 more answers
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