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eimsori [14]
4 years ago
13

Lauren Smith was relaxing after work with a colleague at a local bar. After a few drinks, she began expressing her feelings abou

t her company's new control initiatives. It seems that as a result of controls put in place by the company, she now has to find ways to help her staff to better understand the company's vision and core values. The level of control that the company is using in this case is a(n) _______.
Business
2 answers:
Virty [35]4 years ago
8 0

Answer: The company is using belief system Management.

Explanation: Belief Systems Management used by Lauren Smith company is the control strategy which involves studying, analysing understanding and guiding the beliefs of a target group, here it's employees.

Companies use ithis belief system to communicate core values such as mission statements and vision statements and dentifies and influences the quality of the target group thoughts and decisions.

Through Belief Systems, companies can guide and control decision making process of the employees. This powerful system of understanding is an effective tool because it can be used to target q particular part of belief for everyone.

professor190 [17]4 years ago
7 0

Answer:

Belief system

Explanation:

Belief system is a type of management control system that focuses on the communication of the organizational core values, mission and purpose among employees at all levels, in order to stimulate and motivate everyone to contribute to the success of the organization’s business.  

This is a good way of protecting the organization’s business from control failures, as the effective articulation of the belief system which encompasses the organization’s fundamental values tend to give direction on what every employee should strive to achieve.

The belief system level of control that Lauren Smith’s country is using would help attract the attention of the employees to the fundamental values of the company, as well as motivate them to contribute positively to achieving the company’s goals and mission.

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Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of ea
Elan Coil [88]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Estimated overhead costs:

Factory machinery depreciation 59,000

Factory supervisor salaries 140,500

Factory supplies 43,900

Factory property tax 27,750

Total overhead= 271,150

1)

First, we need to determine the estimated direct labor hours for the period:

Factory direct labor= 215,558

Direct labor rate= $12.11

Direct labor hours= 215,558/ 12.11= 17,800 hours

Now, we can calculate the estimated overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 271,150/17,800= $15.23 per direct labor hour

2) To apply overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 15.23*18,900= $287,847

6 0
4 years ago
Kris contracts to work exclusively for Little Manufacturing Company during May for $5,000. On April 30, Little cancels the contr
olga_2 [115]

Answer:

The correct answer is $2,000.

Explanation:

According to the scenario, the given data are as follows:

Contract with Little company = $5,000

Earn from other job = $3,000

So, we can calculate the amount Kris can recover as a compensation damages by using following formula:

Amount that can be recovered = Contract with Little company - Earn from other job

By putting the value, we get:

Amount that can be recovered = $5,000 - $3,000

= $2,000

5 0
3 years ago
On his birthday, Kamran receives $200 from his aunt, $50 of which he decides to save. He is taken out by his father for lunch. H
FromTheMoon [43]

Answer: D hope this helps :)

Explanation:

6 0
3 years ago
Suppose that the price elasticity of demand for cereal is -0.75 and the crossprice elasticity of demand between cereal and the p
professor190 [17]

Answer: Price of cereals must fall by 12%

Explanation:

A 10% rise in the price of milk will lead to a fall in quantity demanded by =-0.9 * 10= 9%.  

To prevent the demand for cereals from falling by 9%, the price of cereals must fall by

E = \frac{Percentage change in Qd}{Percentage change in price}

Percentage change in price = \frac{Percentage change in Qd}{e}

Percentage change in price = \frac{9}{-0.75}

Percentage change in price = -12%

Thus, to offset the effect of a 10% rise in price of milk, the price of cereals must fall by 12%.

8 0
3 years ago
An entrepreneur takes a risk to create a new product or a better way to operate a 4.
Serhud [2]
It is true :) :) :) like if this helped <span />
6 0
3 years ago
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