Answer:
C. An explicit target is easier to understand by households and firms which makes monetary policy more transparent.
Explanation:
Explicit inflation targeting is a monetary policy used by central banks to check inflation rate is under control for medium term. However, critics target this policy as they believe that instead central bank should have monetary policy for long term inflation control and economic growth for long term. Product price targeting or nominal income targeting would create more economic stability.
A. Bid/no bid decision
A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.
Answer:
The person receiving the order should read it back to ensure that the order is correct.
Explanation:
In business communication the best way to communicate orders is in written form since this allows for clear conveyance of the message in the order. Using verbal means to give orders over the phone is prone to misinterpretation and there is less accountability when the subordinate claims he did not understand the order.
To curtail this it is advisable for the recipient of the order to repeat the order. This shows it has been clearly understood.
Answer:
A) 100
Explanation:
total sales 3,600 units
cost per unit $200
cost of placing order $40
holding cost $20 per year
working days 360 per year
lead time 5 days
If Mark orders 200 units each time, his average inventory ?
daily sales = total sales / working days = 3,600 / 360 = 10 units per day
number of orders per year = 3,600 / 200 = 18
Mark places one order every = 360 days / 18 orders = 20 days
average inventory = (200 units / 20 days) x 10 days = 100
I assume that mark has some type of safety stock that allows him to hold enough inventory to cover for the 5 day lead time.
Answer:
d. Work-life balance issues
Explanation:
When people have work-life balance issues then the chances are high that there will be more number of absenteeism in a firm. Work-life balance is one the important domain which needs to addressed in order to make workers productive and effective at the workplace. It is simply not possible that if one employees is having some issues at home and he will be productive at the workplace. How is this possible that if an employees wife is hospitalized and he is present at work and doing his work with motivation, devotion and focus, consequently, an organization should consider their employees family related issues as well in order to make them more effective and productive.
