1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Reika [66]
3 years ago
7

When an organization lacks policies, its operations become less predictable. Which of the following is a challenge you can expec

t without policies? lower costs increased regulatory compliance customer dissatisfaction low retention rates for employees
Business
1 answer:
prohojiy [21]3 years ago
6 0

Answer:

The challenges an organization that lacks polices can expect includes: Customer dissatisfaction and low retention rates of employees.

Explanation:

The policies in every organization is customer friendly since the goal is to sell products or services.

In meeting the customer's need, there are measures that may not be convenient for the parties that execute this responsibilities, this is were organizational policies come in handy to ensure compliance.

Even at that, Customers are insatiable, regular modifications might still be put in place according to the policies guiding operations in the organization.

Organizational policies eliminates uncertainties to the barest minium and helps you meet your expected projections.

When an organization lacks policies, the management operations might be counter productive especially in cases where the managers undermine employees. When there is no human resource policy to protect the right of the workers, they will resign.

You might be interested in
A heavy snowstorm is predicted to occur in Boston on the same night as the city’s professional basketball team is playing a game
Jlenok [28]

Answer:

2

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If the price of the ticket is reduced, the quantity demanded would increase

If on the other hand, prices are increased, the quantity demanded would reduce.

3 0
3 years ago
If a small company invests its annual profits of $150,000 in a stock fund which earns 18% per year, the amount in the fund after
kenny6666 [7]

Answer:

the amount in the fund after 10 years will be $785,075.04

Explanation:

The computation of the amount after 10 years is shown below"

As we know that

Future value  = Present value × (1 + rate of interest)^number of years

= $150,000 × (1 + 0.18)10

= $785,075.04

Hence, the amount in the fund after 10 years will be $785,075.04

5 0
3 years ago
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount S present at time t
liubo4ka [24]

Answer:

a) - r=5%: S=$ 5,136.10

- r=4%: S=$ 4,885.61

- r=3%: S=$ 4,647.34

b) - r=5%: t=14 years

- r=4%: t=17 years  [/tex]

- r=3%: t=23 years  [/tex]

c) The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

Explanation:

The rate of accumulation of money is

dS/dt=rS

To calculate the amount of money accumulted in a period, we have to rearrange and integrate:

\int dS/S=\int rdt=r \int dt\\\\ln(S)=C*r*t\\\\S=C*e^{rt}

When t=0, S=S₀ (the initial capital).

S=S_0=Ce^{r*0}=Ce^0=C\\\\C=S_0

Now we have the equation for the capital in function of time:

S=S_0e^{rt}

a) For an initial capital of $4000 and for a period of five years, the amount of capital accumulated for this interest rates is:

- r=5%: S=4000e^{0.05*5}=4000*e^{0.25}= 5,136.10

- r=4%: S=4000e^{0.04*5}=4000*e^{0.20}=  4,885.61

- r=3%: S=4000e^{0.03*5}=4000*e^{0.15}=   4,647.34

b) We can express this as

S=S_0e^{rt}\\\\2S_0=S_0e^{rt}\\\\2=e^{rt}\\\\ln(2)=rt\\\\t=ln(2)/r

- r=5%: t=ln(2)/0.05=14

- r=4%: t=ln(2)/0.04=17

- r=3%: t=ln(2)/0.03=  23

c) When the interest is compuonded quarterly, the anual period is divided by 4. In 5 years, there are 4*5=20 periods of capitalization. The annual rate r=0.0525 to calculate the interest is also divided by 4:

S = 4000 (1+(1/4)(0.0525))^{5*4}=4000(1.013125)^{20}\\\\S=4000*1.297958= 5,191.83

If compuonded continously, we have:

S=S_0e^{rt}=4000*e^{0.0525*5}=4000*1.3= 5,200.71

The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

5 0
3 years ago
Mark goes to Tony's Lumber Yard to buy some lumber to build a new roof for his cabin. Mark tells Tony, the lumber yard owner, to
musickatia [10]

Answer: Tony has explicitly breached the Implied Warranty of Fitness for a particular purpose.

Explanation: the Implied warranty of fitness for a particular purpose takes effect when a buyer specifically asks a seller for a product that can be used for a particular purpose.

Because Mark (buyer) requested for the exact type of wood that can resist wood decay caused due to the damp environment of his cabin and Tony (seller) sells Mark lumber while assuring him that it's what he is looking for. Tony's assurance to Mark is known as the Implied warranty of fitness for a particular purpose, and since the wood is affected by dampness and caves then Tony has explicitly breached the warranty.

5 0
3 years ago
What is one advantage of professional appearance?
swat32

Answer:

D. gives a good impression to others

5 0
3 years ago
Read 2 more answers
Other questions:
  • A financial institution formed by a large organization for its members is a credit union.
    7·1 answer
  • Flo buys a Go! battery that, if used in a Hi-Digital music player, which can be powered only by an IntraChemico battery, may cau
    10·1 answer
  • . El Capitan Foods has a capital structure of 36% debt and 64% equity, its tax rate is 35%, and its beta (leveraged) is 1.4. Bas
    10·1 answer
  • Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:Project Soup P
    15·1 answer
  • Your friend just won the lottery. He has a choice of receiving $50,000 a year for the next 20 years or a lump sum today. The lot
    10·1 answer
  • At the end of the current year, the accounts receivable account has a debit balance of $2,950,000 and sales for the year total $
    7·1 answer
  • Which of the following best explains why resources need to be allocated in the game of economic? A) Natural resources are often
    5·1 answer
  • In business writing, the main idea of a written work should be located
    9·2 answers
  • Developing nations have formed international commodity agreements (ICAs) between leading producing and consuming nations of comm
    8·1 answer
  • How do interest and fees impact your credit purchase
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!