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Levart [38]
4 years ago
14

Best Rate Inc., an insurance company, has seen considerable growth in its telephone-based direct sales division. The management

team has developed several strategies to meet its staffing requirements and add additional telephone sales agents. What would be the best strategy? Should they ...
Business
1 answer:
masya89 [10]4 years ago
5 0

Answer:

The best strategy involves the following:

Staffing and people needs identification - Understanding and identifying the experiences, skills and resources available are important in order to achieve business goals and acquire adequate telephone sales agents.

Also, timelines must be required for effective fulfilment of each role and plan accordingly.

Also, development of a strong employer brand and workplace culture is an effective strategy to achieving staffing requirements. This will help attract the best talents in order to drive more direct telephone-based sales. A convenient workplace culture will help improve the company's growth plan.

Furthermore, the management must create a future staffing projection. A long-term staffing plan for the next five to ten years will keep the firm focused in retaining and improving staff requirement.

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8 0
4 years ago
Brief Exercise 24-2 Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $216,758, n
Tanzania [10]

Answer:

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

Explanation:

Capital outlay = $216,758

Cash inflow every year = $43,900

Period = 10 Years

Net Present Value = Present value of cash inflow - Present value of cash outflow

Present Value of Cash Inflow = Cash inflow each year X Present value factor of cash inflows for years

= $43,900 X 5.22

= $229,158

Present value of cash outflow = $216,758

Net Present Value = $229,158 - $216,758 = $12,400

Since net present value is positive, the investment shall be made.

Net Present Value measures the net effect of an investment discounted at current rate of interest, i.e. cost of capital.

Final Answer

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

3 0
4 years ago
Trade barriers: Group of answer choices are still used by nations as a means of rewarding their friends and punishing their enem
elixir [45]

Answer:

are still used by nations as a means of rewarding their friends and punishing their enemies

Explanation:

Trade barriers "are still used by nations as a means of rewarding their friends and punishing their enemies."

The above statement is based on the fact that trade barriers have been analyzed to be damaging and reduce the total economic advantage of the affected countries.

For example, the imposition of taxes on food imports and subsidies for farmers in advanced countries leads to overproduction and eventually dumping on world markets, thereby reducing the prices and affecting the developing countries' farmers.

8 0
3 years ago
Whether a firm has growth or value and how this firm characteristic affects an estimate of the cost of equity is called the ____
Dahasolnce [82]
It is called value factor. There are two kinds of value factor one is present value factor and second is future value factor. The business or anything in the business has their value on their own. The future value factor is used to calculate the future value of the amount per dollar of its present value. It is the amount greater than a dollar and you can see this on the table when you calculate the future value or FV. Present Value factor is based on the time and money when you borrow or it is the debt that can grow in the span of time. 
5 0
3 years ago
Jane is an employee of Tyco, Inc. and she is in charge of payroll. Every week she issues a check in the name of a fictitious emp
KengaRu [80]

Answer:

b. Tyco is liable because it authorized Jane to issue payroll checks.

Explanation:

There is the company responsibility to put the right person for the specific job. Here in the given situation Jane would not be a liable person for an vital position of the company. in the case when the fraud done by the employee so the firm would be liable as the company provide the authorization to the person who have to perform that job

Therefore, the option b is correct

4 0
3 years ago
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