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ValentinkaMS [17]
3 years ago
7

Ben learns that the company was going to be laying off several employees over the next several months. He knew that the rumor mi

ll was going to start, and he wanted to head off misinformation and get ahead of the curve. Which of the following options should he take?
- Meet with the individuals that would most likely be laid off
- E-mail the employees who seem to start most of the rumors
- Walk to every cubicle and speak directly to each staff person
- Call an all staff meeting and give everyone the news
Business
2 answers:
pishuonlain [190]3 years ago
5 0

Answer:

Call an all staff meeting and give everyone the news

Explanation:

IMaking sure the rumors dont even start is very important because this can lead to a very toxic environment throughout the company. By meeting with the entire staff and letting all of them know at once what's going on. It will automatically quench all the rumors at once and will make all clear and direct and won't allow for gossip to spread throughout his company and he will be able to address the issue . There will be no misinformation and conflict beacuse of confronting the issue this way.

Cloud [144]3 years ago
3 0

Answer:

Call an all staff meeting and give everyone the news

Explanation:

Rumors are never good, but rumors about who is getting fired are terrible. I suppose Ben is a supervisor or a manager, and it is his duty to try to prevent false rumors from spreading and panicking the employees. The simple fear of being fired can depress a person or motivate him/her, but the results are unknown until they happen. Ben cannot risk a decrease in productivity because his staff is worried about who is getting fired.

The best way to deal with this is to talk to them directly, as a group, not individually, and let them know what is going on. This is the only way that he can stop rumors, and leave no room for misinterpretation or exaggerations.

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You are the sales manager for a software company and have been informed that the price elasticity of demand for your most popula
sesenic [268]

Answer:

a. increase the price of the software

Explanation:

If I were the sales manager for a software company and have been informed that the price elasticity of demand for your most popular software is less than 1. In order to increase total revenues from that product, I will increase the price of the software.

The reason for such decision is based on the fact that when the price elasticity of demand of a product is lower than 1, an increase in the price of that product results in an increase in revenue for the seller.

7 0
3 years ago
The following adjusted trial balance contains the accounts and balances of Cruz Company as of December 31 2017, the end of its f
ankoles [38]

Answer:

1. Prepare the December 31, 2017, closing entries for Cruz Company.

                                                              Dr.      Cr.

404 Services revenue                      44,100

Income Summary                                          44,100

Income Summary                              33,972

612 Depreciation expense—Equipment      2,000

622 Salaries expense                                   25,710

637 Insurance expense                                1,852

640 Rent expense                                        2,955

652 Supplies expense                                  1,455

2. Prepare the December 31, 2017, post-closing trial balance for Cruz Company.

                                                                            Dr.            Cr.

101 Cash                                                           18,000

126 Supplies                                                    14,500

128 Prepaid insurance                                     2,000

167 Equipment                                                 23,000

168 Accumulated depreciation—Equipment                  6,500

307 Common stock                                                         13,272

318 Retained earnings                                                     33,600

319 Dividends                                                 6,000

404 Services revenue                                                      44,100

612 Depreciation expense—Equipment        2,000

622 Salaries expense                                     25,710

637 Insurance expense                                  1,852

640 Rent expense                                           2,955

652 Supplies expense                                 <u>   1,455   </u>    <u>               </u>

Totals                                                                97,472     97,472

Explanation:

5 0
3 years ago
If the price elasticity of demand for a product is unity, a decrease in price will:
Nonamiya [84]

Answer:

increase the quantity demanded but decrease total revenue.

6 0
3 years ago
Read 2 more answers
The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $25,750 Balance per
stiv31 [10]

Answer:

Adjusted balance per bank reconciliation $ 24,295

Explanation:

Computation of adjusted balance per bank reconciliation

Balance per bank statement                                                   $ 25,750

Add: Deposits in transit                                                           $   2,300

Less: Outstanding checks                                                       <u>$ (  3,755)</u>

Adjusted balance per bank statement                                   $ 24,295

Balance per cash book                                                            $ 19,140

Less: Bank Service Charges                                                    $ (     45)

Add: Note collected by bank                                                  <u> $ 5,200</u>

Adjusted balance per cash book                                            $ 24,295

The deposits in transit and the outstanding checks have not been incorporated in the bank statement so adjusted  to the bank statement balance

The bank service charges and the direct collection by the bank of the note receivable have not been incorporated in the cash book hence adjusted.

6 0
4 years ago
Name three questions that could be asked to assess current profitability levels for each product and how profitability could be
Marina86 [1]

Three questions that could be asked to assess current profitability:

1. Are you selling the right product?

2. Are you selling at the right price?

3. Are you selling to the right customer?

Four ways to increase business profitability

There are four key areas that can help drive profitability. These are reducing costs, increasing turnover, increasing productivity, and increasing efficiency. You can also expand into new market sectors, or develop new products or services.

Why is profitability important for a business?

The success of any business depends on its ability to continually earn profits. Profit equals a company's revenues minus expenses. Earning a profit is important to a business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business.

What does improve profitability mean?

Profitability is not the same as profits. One of the main ways to increase business profits is to sell more, whereas improving profitability means making more profit from the resources you have and sales you make – you don't have to sell more to be more profitable.

Learn more about profitability:

brainly.com/question/21355343

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4 0
2 years ago
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