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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

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3 years ago
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Calculate the present value of the after tax net returns to land in the 7th year if thereal pre-tax net returns to land today ar
Tatiana [17]

Answer:

PV(after-tax net return in 7th year) = 70.55 (Approx)

Explanation:

Given:

Number of year = 7

Pre-tax net returns (Fn) = $100

Growth rate = 4% = 0.04

Inflation = 3% = 0.03

Marginal tax rate = 30% = 0.3

Discount rate = 10% = 0.1

Computation:

Fn = Fo(1+g)ⁿ = 100(1.04)⁷

Fn = 131.6

Nominal net returns = 131.6(1.03)⁷

Nominal net returns = 161.85

After tax return = 161.85  (1 - 0.3)

After tax return = 113.30

After-tax, risk adjusted discount rate = 0.1(1-0.3) = 7%

PV(after-tax net return in 7th year) = 113.30 (1+0.07)⁻⁷

PV(after-tax net return in 7th year) = 70.55 (Approx)

8 0
3 years ago
Golden Eye Co., a hi-tech satellite company, has asked you to value the company for possible cross-listing in the U.S. The compa
EastWind [94]

Answer:

Explanation:

Let's first determine the free cash flow of the firm

Particulars                            Years

                          1                         2                   3

EBIT                  540                   680                750

<u>Tax at 36%    (0.36*540)       (0.36*680)        (0.36*750)    </u>

Less:               345.6                  435.2            480

Net Capital -

Spending            150                   170                 190

<u>Change in NWC    70                    75                  80      </u>

Less:                    125.6              190.2                210

The terminal value at the end of T =(3  years) is:

= \dfrac{Free \ cash \ flow}{unlevered \ cost - expected \ growth  \ rate}

= \dfrac{250}{0.1643-0.04}

= \dfrac{250}{0.1243}

= 2011.26

Finally, the value of the firm can be computed as follows:

Years                  Free Cash Flow        PVIF           PV

1                          125.6                        0.6589        107.88

2                         190.2                        0.7377         140.31

3                          210                           0.6336       133.06

<u>Terminal Value  2011.26                    0.6336        1294.33     </u>

<u>Value of the firm   ⇒                                               $1655.58</u>

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Answer:

Option C 362 Number of shares

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By putting the values in the above equation we have:

Number of shares = $1567.46 / $4.33 = 362 Number of shares

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