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kicyunya [14]
3 years ago
8

You want the salespeople on your staff to perform at their best, thus you want to make sure they are properly supervised. In det

ermining span of control—the optimal ratio of sales representatives to sales managers—you will consider all of the following factors except:
Business
2 answers:
statuscvo [17]3 years ago
8 0

Answer: The number six is given as the effective span, but as the number of subordinates supervised increased so the number of relationships between them and their supervisor also increases this is the limiting factor.

Explanation:

span of control refers to the number of subordinate who can effectively supervised directly by one manager,supervisor or other person in authority. Sometimes the number six is given as the effective span but this can only be applicable in few cases. The number in fact depends on several circumstances. It has been shown that as the number of subordinates supervised increased so the number of relationships between them and their supervisor also increases but disproportionately. However, the following factors must be taken into consideration when determining the amount of supervision an organization need

1 the ability of those being supervised

2 the complexity of the work done

3 The consistency of operations

4 How effective is the communication process

5 the ability and the personality of the supervisor

6 The level of Labour turnover of the organization.

The ability of those being supervised, we mean how competent and well trained are the workers being supervised, if they are competent they will need less supervision

The complexity of the work done we mean, that if the work is more complex then closer supervision of the workers is needed.

The consistency of the operation we mean,that if the work varies a good deal of supervision will have to be given by the supervisor.

How effective is the communication process we mean that the supervisor must be able to make his instructions clear and understandable to his subordinates

The ability and personality of the supervisor we mean that if the supervisor is technically competent and fully conversant with the work of his subordinates the workers will give such supervisors the deserved respect

The level of labour turnover we mean that when there is constantly changing workforce in an organization, then there is need to be training them and supervising their work closely untill they are fully competent on the job.

lbvjy [14]3 years ago
3 0

Answer:

Factors to consider:

1. Specialisation role

2. Complexity of sales process

3.Tenure

4.Geographical coverage

5. Sales Representative leadership

6. Support network

7. Internal Bureaucracy

8. Value add of managers

Factors not to consider;

1. Market share

2. Production process

3. Distribution process

4. Personal affiliation, race or religion

Explanation:

When considering a company's span of control, which simply means the number of junior staff a manager should manage, it is important to note factors relating to geographical coverage, a wide coverage can create difficulties in supervision to a manager. Consequently reducing the span of control.

Specialisation also help in ensuring the manager is an expert in the area he or she supervise. Experienced manager with good understanding of the tasks, good knowledge of the workers and good relationships with the workers, will be able to supervise more workers

The complexity of a sale process can affect a manager's supervision performance. if the sale process for example require an online payment to a final user who may not be physically available. Supervising such sales requires adequate training.

Other factors like; Tenure, Sales Representative leadership, Support network, Internal Bureaucracy, Value add of managers are paramount in determining span of control. However, market share, production process, distribution process and personal affiliation, race and religion should not affect the span of control.

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A budget based on several different levels of activity, often including both a best-case and worst-case scenario, is called a:
Kaylis [27]

Answer:

Flexible budget.

Explanation:

7 0
2 years ago
Read 2 more answers
Logan, an employee of Argon Industries, earned a salary of $60,000 in year 2. In addition, the following two transactions betwee
Mariana [72]

Answer:

$88,000

Explanation:

Calculation to determine What amount of compensation should Argon report in Logan's Form W-2 for year 2

First step is to determine the bargain element

Bargain Element=$25 per share-$10per share

Bargain Element=$15 per share

Now let determine the amount of compensation

Using this formula

Compensation=Salary earned+Taded stock+(Shares of publicly traded stock*Bargain element)

Let plug in the formula

Compensation=$60,000+$13,000+($100 shares*$15 per share)

Compensation=$60,000+$13,000+$15,000

Compensation=$88,000

Therefore the amount of compensation that Argon should report in Logan's Form W-2 for year 2 $88,000

8 0
3 years ago
A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace
Mekhanik [1.2K]

Answer:

a. 2560 checkout

b. 3072 checkout

c. Old system = 3.85 checkout/$

New system = 5.56 checkout/$

Explanation:

Given:

Checkout lanes = 4

a.

How many checkouts did the old system provide in a shift?

Given

Lanes = 2

Time in use = 16 hours --- Convert to seconds

Time = 16 * 3600 = 57600 seconds

Checkout = 1 per 45 seconds

Number of check outs is calculated as:

2 lanes * 57600 seconds * 1 checkout / 45 seconds

Number of checkout = 2560 checkouts

b.

How many checkouts does the new system provide?

Lanes = 4

TimeTime in use = 16 hours --- Convert to minutes

Time = 16 * 60 = 960 minutes

Number of check outs is calculated as:

4 lanes * 960 minutes * 1 checkout / 1.25 minutes

Number of checkout = 3072 checkouts

c.

Given

Electricity costs for both setups are $0.06 per checkout

Bagging (material) costs are $0.12 per checkout with the old system

Bagging (material) costs are $0.20 per checkout with the old system

Cost for the old system is calculated by:

$0.06 * 2560 + $0.12 * 2560

= $153.6 + $307.2

= $460.3

Multifactor = 2560 checkout/$460.3

Multifactor = 5.56 checkout/$

Cost for the new system is calculated by:

0.06 * $3072 + 0.20 * $3072

= $184.32 + $614.4

= $798.72

Multifactor = 3072 checkout/$798.72

Multifactor = 3.85 checkout/$

6 0
3 years ago
Liquidity ratios are used to measure a firm's ability to meet its obligations as they come due. Two of the most commonly used li
marshall27 [118]

Answer:

Current Ratio= Current Assets/ Current Liabilities

Explanation:

Current Ratio= Current Assets/ Current Liabilities

The current ratio is an important measure of a company's ability to pay its short term obligations. It is defined as current assets divided by current liabilities.

Current assets are cash and other resources that are expected to be sold or used within one year or the company's operating cycle , whichever is longer. Examples are cash, short term investments , accounts receivable, short term notes receivable, goods for sale ( called merchandise or inventory) and prepaid expenses. Prepaid expenses are usually listed last because they will not be converted to cash ( instead they are used).

Current liabilities are obligations due to be paid or settled within one year of operating cycle, whichever is longer. they are usually settled by paying out current assets such as cash . Current liabilities often include accounts payable , notes payable, wages payable, taxes payable, interest payable and unearned revenues. Also any portion of a long term liability due to be paid within one year or the operating cycle whichever is longer is a current liability.

3 0
2 years ago
What are three components of money management? List and explain each component.
Solnce55 [7]

Answer:

Management, Monitoring, and Maintenance.

Explanation:

They can help you get your finances under control and have some well-deserved peace of mind. Management One of the best things you can do to get the most out of your money is to manage it more closely.

3 0
2 years ago
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