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Vladimir [108]
3 years ago
5

At Crater Valley Manufacturing, workers are encouraged to find their own solutions to problems, and to implement their solutions

when practical. They work with little supervision because management feels they are committed and creative workers. Crater Valley's policy reflects a ________ attitude about workers.
a) Theory Y
b) Theory X
c) Theory W
d) Theory Z
Business
1 answer:
Marizza181 [45]3 years ago
5 0

Answer:

a) Theory Y

Explanation:

Crater Valley Manufacturing has adopted the theory Y management approach.  Theory  Y proposes a participative management style, teamwork, and decentralization of the decision-making process. In the theory Y approach, managers encourage employees initiatives that will contribute to the success of the organization. Theory Y tries to match the organizations' objectives with the employees' aspirations.

<u>Some of theory Y assumption include</u>

  1. Employees have a natural tendency to work and play.
  2. Employees have self-direction and self-discipline in pursuit of organizational goals without external coercion or threats.
  3. An average person seeks and accepts responsibilities.
  4. Employee loyalty and commitment is as a result of job satisfaction and job reward.

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Answer:

The desired profit from the sale and production of K is 10% of invested amount=10%*$1285000

             =$128500

cost per unit =$18.68

b.total manufacturing cost=$18.68*50000=$934000

cost per unit remains=$18.68

Profit per unit =$2,57

markup %=2.57/18.68=13.76%

Selling price =cost+mark up

                       =$18.68+$2.57

                        =$21.25

Explanation:

I have attached an excel file for further understanding on the formulas used above,please check out the file in order to gain  better insights into the exercise.

Download xlsx
4 0
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The group within an organization that is responsible for monitoring and evaluating the internal control system is called the
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Answer:

Audit committee

Explanation:

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The audit committee ensures that the system of internal control implemented by the management is effective, hence its able to manage the risk inherent in the organization. The committee is also responsible for monitoring and evaluating the system of internal control in an organization inorder to ensure its effectiveness.

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Explanation:

hope this helps :)

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Answer:

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