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oksano4ka [1.4K]
4 years ago
7

You know the _____ method of budgeting is being employed after hearing an experienced marketing department manager respond to a

new employee's question, "How was the ad budget established last year?" by saying, "The same way it's always been done. I just have an instinct for how much should be budgeted where."
Business
2 answers:
Korvikt [17]4 years ago
4 0

Answer:

A) Arbitrary allocation

Explanation:

Arbitrary allocation of resources is a very commonly used method specially by experienced managers. To be honest, almost all the allocation methods are arbitrary, only that some are less obvious, e.g. percentage of sales is also arbitrary because what percentage is the correct allocation, someone decided because their previous experience favors such a number.

The manager doesn't magically come up with numbers and decides that X should be assigned to this product and Y to that product. He/she bases the decision on previous campaigns as a parameter and then he/she determines an amount.

Of course this type of resource allocation is not the best or more exact way to do it, but it is based on experience and experience also matters. What would be really problematic is that the manager is so stubborn that he/she will not adjust the balance according to the needs. You must remember that all budgets are only estimates, and estimates aren't usually 100% correct (they wouldn't be estimates if they were 100% sure). What is important is to be able to adjust your budget to correct any variances.

Marianna [84]4 years ago
3 0

Answer:

Arbitrary allocation.

Explanation:

Arbitrary allocation is a method where costs budgeted are not based on any precise measurement,hence accurate costs could not be arrived at.

This approach to budgeting breeds inefficiencies as the accurate budgeting is expected to lead to accurate costing of products as well as pricing.

All in all,the true profitability of a business cannot be ascertained.

Finally,the organization adopting this type of approach needs to change to other accurate methods of budgeting such incremental or rolling budgeting.

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Calculate the monthly payment for a 5-year car loan of $23,570 at 10. 43% interest, compounded monthly. A. $247. 44 b. $337. 56
Phoenix [80]

The monthly payment for this car loan is equal to: D. $505. 79.

<u>Given the following data:</u>

  • Time = 5 years
  • Principal = $23,570
  • Interest rate = 10.43%

To calculate the monthly payment for this car loan:

Mathematically, the monthly payment on a loan is given by this formula:

M = \frac{P(\frac{r}{12})(1 \;+\; \frac{r}{12})^{12t}}{(1 \;+ \; \frac{r}{12})^{12t} -1}

<u>Where:</u>

  • P is the principal or amount borrowed.
  • r is the interest rate.
  • M is the monthly payment.
  • t is the number of years.

Substituting the given parameters into the formula, we have;

M = \frac{23570(\frac{0.1043}{12})(1 \;+\; \frac{0.1043}{12})^{12 \times 5}}{(1 \;+\; \frac{0.1043}{12})^{12 \times 5}\; -\;1}\\\\M = \frac{23570(0.008692)(1 \;+\; 0.008692)^{60}}{(1 \;+\; 0.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.008692)^{60}}{(1.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.6808)}{1.6808\; -\;1}\\\\M = \frac{344.34}{0.6808}

Monthly payment, M = $505.79

Read more: brainly.com/question/16992474

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3 years ago
Catherine decided to have lunch at tom's, one of the most popular restaurants in town. she ordered soup before her main course a
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<span>Catherine will lose the case since she did not sustain any damages. However, there is a slim (and very unlikely) chance that T</span>om's will might agree to settle if Catherine claims damages in terms of emotional trauma.
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Can you list three things you can do to improve job satisfacation in the work place?
AURORKA [14]

Answer:

When working with tight budgets, what can you do to boost job satisfaction at your company? These 3 simple but effective tips will help ensure your employees feel fulfilled and appreciated within their role.

Engage your employees

Having people turn up to work and do a day's graft before going home isn't all you want from your employees. Getting staff that are engaged with your company is much more preferable and to achieve this you need to communicate with them. This doesn't mean just speaking to them but creating an atmosphere where their insights are valued and they feel free to talk about things they are concerned about.

This will not only boost their job satisfaction because they feel more understood but will also help you identify areas where improvements could be made. Many professionals benefit from a higher level of autonomy as it shows that you have a certain amount of trust in them, while also encouraging initiative and self-discipline.

Line managers can be a fantastic resource to encourage these communication channels and identify areas where staff seem unsatisfied or want to develop. However, it's important for everyone - from the top down - to be supportive of employee engagement and embody this in their working day.

Provide a positive work environment

Employees spend a lot of time at work so do everything you can to make this a positive atmosphere to be in. However, it's key that you don't just assume what good working conditions are and instead actually ask the people working for you.

Everything from childcare support to social events can help people feel happier about being in the office but it should be designed around the needs and wants of your employees. Otherwise you risk spending money on something that isn't really valued by your staff, wasting money and potentially causing discontent among your workforce.

It's also important to consider matters such as dress code and office layout as well as benefit schemes. These can make a huge difference on how comfortable people feel during their time in the office.

Evaluate, analyze and improve

Like any other business goal, you should make sure measurement plans are in place to see what progress you are making. There's a number of ways you can track employee satisfaction and a variety of online resources to help you. However, a simple anonymous survey can be just as effective, especially for small companies where evaluating the responses won't be too laborious.

This should allow you to identify areas that have had the biggest impact and where you may need to make further improvements.

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All of the following are reasons why companies are slow to adopt sustainable practices that are better for the environment EXCEP
serg [7]

Reasons why companies are slow to adopt sustainable practices that are better for the environment EXCEPT----The universal adoption of the Kyoto protocol.

Sustainable practices:

are the processes services employ to maintain the qualities that are valued in the physical environment. Living sustainably is about living within the means of natural systems (environment) and ensuring that our lifestyle doesn't harm other people.

What is Kyoto Protocol explain?

The Kyoto Protocol, also known as the Kyoto Accord, is an international treaty among industrialized nations that sets mandatory limits on greenhouse gas emissions. The greenhouse effect is the warming effect of the sun on greenhouse gases, such as carbon dioxide, that act to trap this heat in our atmosphere

The question is incomplete .Missing options are given below:

  • CEO compensation is tied to stock performance
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  • the universal adoption of the Kyoto Protocol
  • US investors are less concerned about the environment and climate change than those in Europe

Learn more about Kyoto protocol:

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2 years ago
3. The number of days' sales in receivables is calculated as __________ divided by __________.
wlad13 [49]
B. The number of days’ sales in receivables is calculated as average accounts receivable divided by average daily sales
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2 years ago
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