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notka56 [123]
3 years ago
9

Lancencus, a software company, plans to double its workforce in the next 10 years. To achieve this goal, the human resources man

ager of the company sets a target to increase the company workforce by 20% each year. In this scenario, Lancencus's plan to double its workforce in the next 10 years is an example of a _____.
Business
1 answer:
lions [1.4K]3 years ago
3 0

Lancencus's plan to double its workforce in the next 10 years is an example of a distal goal.

Explanation:

Distal goals are tasks that take longer to be accomplished.

For example, it is indeed a distal goal to receive a university degree. Proximal targets are more likely, but less likely. Distal goals are less probable, but have a higher value. These are less inspiring when distal and proximal goals are not related.

People can continue and reach distal goals more often if associated with proximal priorities. If it is aligned with a particular distal target, they are much more likely to accomplish a proximal goal (Miller & Brickman, 2004).

For example, one reason most people have become so excited about playing video games is because they have a hierarchy of linked goals.

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Big Tree Lumber has earnings per share of $1.36. The firm's earnings have been increasing at an average rate of 2.9 percent annu
GalinKa [24]

Answer:

The firm's PEG ratio is equal to 5.93

Explanation:

A valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth are referred to as the 'PEG ratio' (price/earnings to growth ratio).

Generally, a company with a higher growth rate would have a higher P/E ratio.

PE ratio = Stock price/EPS

             = 23.4/1.36

 PE ratio = 17.205

PEG ratio = PE ratio/ Earning growth ratio

                 = 17.205/2.9

PEG ratio    = 5.93

3 0
3 years ago
In some industries, the labor productivity of union workers exceeds the labor productivity of nonunion workers. Which of the fol
luda_lava [24]

Answer:

Labor union enable workers to voice concerns about working conditions and safety issues, making them more confident and less intimidated by their employers and thus more productive.

Labor unions foster a more stable work force, decreasing turnover.

Unions are always more efficient than firms at discerning which workers are highly skilled and which are not.

Explanation:

Labor unions improve productivity by improving employee satisfaction, decreasing turnover and attracting trianed skilled labor

7 0
3 years ago
Porter Inc's stock has an expected return of 12.50%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 2.00%, what
Jlenok [28]

Answer:

c. 8.40%

Explanation:

Use CAPM formula to solve this question;

CAPM r = risk free + beta(Market risk premium)

expected return ;r = 12.50% or 0.125 as a decimal

0.125 = 0.02 + 1.25 (MRP)

subtract 0.02 from both sides;

0.125 - 0.02 = 1.25MRP

0.105 = 1.25MRP

Divide both sides by 1.25 to solve for MRP

0.105/1.25 = MRP

0.084 = MRP

Market risk premium (MRP) is therefore 8.40%

8 0
3 years ago
If the actual rate of inflation turns out to be higher than the expected rate of inflation, what happens to the growth rate of o
kykrilka [37]

Answer:

The right answer is option (B)

Explanation:

In this case, the growth rate is higher than the Solow growth rate. When the actual inflation is higher than the expected rate, the borrowing is much cheaper, so people borrow more money that leads to an increase in investment and a substantial decline in savings. The lenders lose the money, and borrowers get all the benefits.

3 0
3 years ago
Which of the following decisions is driven by short-range forecasts? facility location new product planning weekly shift assignm
ivanzaharov [21]

Answer:

The correct answer is letter "C": weekly shift assignments at a retail store.

Explanation:

Business Forecasting refers to the estimates companies make to have an idea of what their performances will be in the short and long run. <em>In the short-run, companies forecast mostly activities to organize the number of resources available for the day-to-day activities</em>. Long-term forecasts are those that estimate what course the firm will take including what will the organization offer and where.

Thus, <em>weekly shift assignments at a retail store are an example of short-range forecasts.</em>

7 0
3 years ago
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