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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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Lucas Corp. has a debt-equity ratio of .8. The company is considering a new plant that will cost $115 million to build. When the
charle [14.2K]

Answer:

$122,475,000; $119,489,600; $117,047,000

Explanation:

Given the following :

Cost of new plant = $115m

Debt to equity ratio =. 0.8

After issuing new equity:

Floatation cost incurred (equity) = 8.5%

Floatation on new debt = 4%

Calculating weighted return of debt and equity:

Debt: = [0.8/(1 + 0.8)] × 4% = 0.0178

Equity : [1 / (1+ 0.8)] * 8.5% = 0.0472

A) all equity raised externally:

Weighted average Floatation cost:

0.0178 + 0.0472 = 0.065

Initial cash flow will the be :

(1 + 0.065) * cost of new plant

1.065 * $115,000,000 = $122,475,000

B.) company uses 55% Retained earning:

Weighted return on equity will the be :

0.0472 * (1 - 55%) = 0.02124

Weighed Floatation cost = 0.02124 + 0.0178 = 0.03904

(1+0.03904) * $115,000,000 = $119,489,600

C.) Company uses 100% Retained earnings :

Equity return will be 0%

(1 + 0.0178) * 115000000

= $117,047,000

6 0
3 years ago
Pls helppp...
Aloiza [94]

Answer:

32 700

Explanation:

that is the answer 32 700

8 0
2 years ago
Icarus Airlines is proposing to go public, and you have been given the task of estimating the value of its equity. Management pl
LUCKY_DIMON [66]

Answer:

Icarus total value: 478,459,899

Explanation:

We will calcualte the WACC to know the cost of capital for the company:

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

Ke 0.14

Equity weight 0.79

Kd 0.07

Debt Weight 0.21

t 0.4

WACC = 0.14(0.79) + 0.07(1-0.4)(0.21)

WACC 11.94200%

Now we calcualte the value of the company:

\frac{FCF}{return-growth} = Intrinsic \: Value

59,000,000

<u> (21,000,000) </u>

38,000,000 Free Cash flow ofthe Firm

\frac{38,000,000}{0.11942-0.04} = Intrinsic \: Value

\frac{38,000,000}{0,07942} = Intrinsic \: Value

Value: 478.468.899

7 0
3 years ago
In addition to the legislators and the governor, there are others involved in the lawmaking process during both regular and spec
Leona [35]

Answer:

b. the public

Explanation:

When it comes to the legislative process of the government, the "citizens" <em>(the public) </em>play an active and direct role. This gives the public <u>the right to contribute regarding decisions that may have an impact on their lives.</u> It is very important that the government inform its citizens of their rights and responsibilities and the decisions that were made in order to obtain <em>"public awareness."</em>

The direct role of the public may be in the form of consultation, such as<em> asking for their feedback and considering their answers when it comes to the lawmaking process.</em> It is essential that their input in the decision-making process is considered.

So, this explains the answer.

4 0
4 years ago
Examples of nonprogrammed decisions would include the decision to: a. perform routine maintenance on one of the machines in manu
katrin2010 [14]

Answer:

Correct option is (e)

Explanation:

Programmed decisions are those that are planned decisions for routine situations. These decisions are made based on tried and tested methods or standardized procedures. These decisions are made once when situation arises, and subsequently becomes a procedure when similar situations arise in future. Some examples are dealing with labor absenteeism, terminating an employee or re-ordering supplies.

Non programmed decisions are distinctive. They are not based on any past situation. They are mostly taken by upper management using logic or intuition. They do not arise in normal course of business. One such decision is related to developing new product or service. It is not a routine situation. As, such it is an example of non programmed decision. Rest of the options are examples of programmed decision.

6 0
3 years ago
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