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mylen [45]
3 years ago
13

Identify needed skills of employees and managers. Compare the use of ethnocentric, polycentric, and geocentric approaches to sta

ffing. (Most organizations need employees skilled in clerical work, marketing and sales, and financial planning. Also identify needed technical skills for production, research, and maintenance.
Business
1 answer:
Lynna [10]3 years ago
5 0

Employers especially those holding managerial positions require some skills to enable them reach organizational objectives and to levitate professionally. While these skills may not be applicable in all work settings considering factors like Type of work, position held, work style and culture of the organization, there are genetic skills to be acquired by all managers and are widely applied across different organizations. They include in no particular order, planning, decision making, communication, critical thinking, delegation, problem solving, motivating etc. Staffing is process employed by different organizations to fill up vacant positions. Many companies use different approaches to staffing but the three most commonly used is the ethnocentric, polycentric and geocentric approaches. In ethnocentric approach, managerial positions are held by nationals of the parent company following their reliance on norms and practices while in polycentric approach, top management positions are held, predicated similarly to the ethoncentric approach by norms and practices, by corporate personnels from the Local company. Lastly in geometric staffing approach, upper management positions are held by qualified individuals regardless of their nationality. The best candidate lead from the front as nationality isn't much stressed.

The needed technical skills for production, research and maintenance include strong attention to detail, effective communication skills, strong writing skills, technical know how, delegation, training skills etc

You might be interested in
Amount Number of units sold 11,000 Selling price per unit $ 16 Variable selling expense per unit $ 1 Variable administrative exp
german

Traditional income statement : Net operating income $47,000

Contribution income statement : Net operating income  $25,000

1.

Traditional Income Statement

Sales  (11,000 x $16)                       $176,000

Cost of goods sold

(9,000 + 87,000 - 25,000)            ($71,000)

Gross Margin                                  105,000

Selling and administrative expenses:  

Selling expense

(11,000 x 1) + 22,000                      $33,000

Administrative expense

(11,000 x 1) + 14,000                       $25000

Net operating income                  $47,000

2.

Contribution format income statement

Sales                                                $176,000

Variable expenses:  

Cost of goods sold        71,000  

Selling expense              11,000  

Administrative expense  11,000      ($93,000)

Contribution Margin                         $83,000

Fixed expenses:  

Selling expense                33,000  

Administrative expense   25,000     (58,000)

Net operating income                     $25,000

Learn more about preparation of income statement here : brainly.com/question/24498019

3 0
2 years ago
​Gulfcoast, Inc. purchased a van on January​ 1, 2019, for $ 900 comma 000. Estimated life of the van was five​ years, and its es
Zarrin [17]

Answer:

$740,200

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset

Mathematically,  

Depreciation = (Cost - Salvage value)/Estimated useful life

Depreciation = (900,000 - 101,000)/5

= $159,800

Book value is the cost net accumulated depreciation

= $900,000 - $159,800

= $740,200

4 0
3 years ago
Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4 per ton royalty on coal mine
Gnoma [55]

Answer: $25,000

Explanation:

Given Data:

Gross income from coal = $250,000

Income from trucking coal = $20,000

Royalty paid to Donny = $30,000

Taxable income on call excluding depletion = $40,000

Coal depletion rate = 10%

Lease agreement = $4/ton

Therefore:

brian's percentage depletion deduction for the current year is

= gross income x coal depletion rate

= $250,000 x 0.1

=$25,000

5 0
2 years ago
A cross-functional team has been formed to come up with ways to improve communication among departments. team members are now ta
Kisachek [45]

They are in the "collecting information" stage of planning.

4 0
2 years ago
Which of the following is a benefit of increased levels of education?
aalyn [17]
I think the answer is C
3 0
2 years ago
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