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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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You own one futures contract on gold that you purchased at a quoted price of 1,448.5. The current price quote is 1,405.5. The co
Inessa [10]

Answer:

d. -$4,300.00

Explanation:

Calculation for What is your current profit or loss on this investment

Using this formula

Current profit or loss = Contract size*(Current price quote-Quoted price )

Let plug in the formula

Current profit or loss = 100 *($1,405.5-$1,448.5)

Current profit or loss = 100 *-$43

Current loss = -$4,300.00

Therefore your current loss on this investment will be -$4,300.00

6 0
3 years ago
Which of the following are not directly involved in the revenue cycle?
Deffense [45]

Answer:

The correct answer is D (Receiving department clerk).

Explanation:

The first three responses correspond to employees directly related to the main activity of the organization, sales generate income, the financial director executes tasks to maximize income, and the billing employee is responsible for generating information that allows to receive resources in the shortest time possible.

4 0
3 years ago
John is an investor who is looking at two opportunities. One has higher risk than the other. John is willing to invest in the hi
harina [27]

Answer:

B. As a risk-averse investor

Explanation:

B. As a risk-averse investor is a correct option . Risk-averse investors can invest in higher risk opportunity only if it offers higher expected return .

4 0
3 years ago
In the​ swim-lane format of a business process​ model, all​ _______ for a role are included in that​ role's swim-lane.
boyakko [2]
<span>In the​ swim-lane format of a business process​ model, all​ activities for a role are included in that​ role's swim-lane.

The swim lane is used to show flow diagrams or charts that list out the responsibilities of a business and its employees. These lanes can be arranged horizontally or vertically. Think of them as lap swim lanes in a pool, that helps keep the business roles in line. </span>
8 0
3 years ago
McCann Publishing has a target capital structure of 35% debt and 65% equity. This year's capital budget is $850,000 and it wants
levacccp [35]

Answer: $952500

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Capital budget = $850000

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400000 = N - (0.65 × 850000)

Make N the subject of formula

Net income N = $952,500

4 0
4 years ago
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