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
stepladder [879]
3 years ago
5

Listed below are the three functions of the management of an organization. 1. Planning 2. Directing 3. Controlling Identify whic

h of the following statements best describes each of the above functions. (a) requires management to look ahead and to establish objectives. A key objective of management is to add value to the business. (b) involves coordinating the diverse activities and human resources of a company to produce a smooth-running operation. This function relates to the implementation of planned objectives. (c) is the process of keeping the activities on track. Management must determine whether goals are being met and what changes are necessary when there are deviations.
Business
1 answer:
oee [108]3 years ago
7 0

Answer:

Planning = Statement (a)

Directing = Statement (b)

Controlling = Statement (c)

Explanation:

Planning is the first step of action initiated by the management. It helps the organization to define the goals and the plan to achieve such goal.

Directing is all about creating the understanding of the plan among the employees of the company, about the objectives, and the need to attain the objective, the manner to achieve the objective.

Controlling is the precautionary step in the action, as it clearly monitors the employees while working on the objectives, that when they are not deviated from the project, or its objectives.

You might be interested in
On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years a
Tamiku [17]

Answer:

Annual depreciation= $14,355

Explanation:

Giving the following information:

Original cost= $65,800

Number of units= 200

Salvage value= $2,000

During the first year, the band performs 45 concerts.

To calculate the annual depreciation under the units-of- production method, we need to use the following formula:

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units operated

Annual depreciation= [(65,800 - 2,000)/200]*45

Annual depreciation= $14,355

6 0
3 years ago
Evertz Metals buys and stockpiles dolomite to use in its smelting processes. Before all this dolomite is​ used, however, they al
insens350 [35]

Answer:

a carrying cost

Explanation:

A carrying cost -

It is the amount which is paid for holding the inventory in the stock , is referred to as a carry cost.

It is also called inventory costs , holding costs.

Carrying cost includes the insurance , the amount spend on the stage of the products , employees cost and includes costs .

Hence, from the given scenario of the question, the correct term for the given options of the question is a carrying cost.

3 0
3 years ago
2. Think of a real or made up but realistic example of a speculative risk that you or someone you know may face, and then answer
Advocard [28]

Answer:

See explanation section

Explanation:

a) Implementing an urban planning project is an example of speculative risk. There is a huge uncertainty before implementing a project as well as after its implementation regarding its gross outcomes. Projects of any type can completely fail. But there are some cases that they succeed; they may spawn some positive outcomes for a specific community. In any project, there is always a probability of both gain and loss.

b) There are a lot of possible adverse outcomes of this type of risk. Maybe the project is not running sustainably. The ground condition may not be suitable afterward, but inclement weather can reduce the desired project utilitarian. It can attribute an adverse impact on the present environment. Assume that the budget cross before the implementation of that project. Finally, these sorts of adverse outcomes may result in the project’s failure.

c) Project risk can also beget some positive outcomes. In this type of threat, after implementation of that project, it may run sustainably. The ground and atmospheric conditions may appear suitable for this specific project. The approved budget may consider sufficient for the project implementation. That is how; these sorts of positive outcomes may result in the project’s success.

d) These types of risks, both positive and negative, may create unexpected expenses. If we think about the real risks, to manage these risks, we should exploit, share and enhance the specific risk, And in case of managing the harmful risks, we should transfer into a better resource-based project or try to mitigate the negative impacts of the project. Both of these efforts can be considered as unexpected expenses.

e) To protect myself against the real risks, I’ll exploit the specific risk. Because operating the risk is about increasing the chances of positive effects, the risk may have on the project. But if it is about the detrimental risks, I’ll try to avoid the risks by doing some activities like delegating tasks, changing the deadline, and increasing the human resources of the project team.

5 0
3 years ago
The government of Junta took Fuel Safe Corp., a domestic energy firm, into state ownership to save the company from bankruptcy.
goblinko [34]

The government of Junta took Fuel Safe Corp., a domestic energy firm, into state ownership to save the company from bankruptcy. However, the other private competitors in the energy industry were enraged by this decision. As a result, the government had to reduce the tax burden on all private energy firms so that both the state-owned enterprise and private firms could coexist.It portrays Mixed economy

<h2>Option (E) is correct</h2>

<u>Explanation:</u>

It is an example of Mixed economy.Mixed economy is one in which both public and private enterprises exist. It combines the features of free economy,planned economy as well as private and public enterprise.

In mixed economy there is control of government and with that it has private concerns also. Government exercises control through various policies like fiscal policies and monetary policies. In this example state ownership as well as private competitors co exist.

7 0
3 years ago
What best describes the example/instance for building a model to identify cross-sell opportunities (trying to convince people to
allsm [11]

Answer:

d) All current customers who up to a certain point in time have NOT bought in the jewelry category but did buy jewelry in the next time frame

Explanation:

Cross-sell opportunities are employed by online and in-person marketers with the aim of convincing buyers to chose another product from a product category that they are interested in. For example, if the customer bought a necklace, the site might suggest that users who bought a necklace also bought a pendant. The aim of this suggestion is to convince the consumer to purchase an item that might be useful to him judging from the products he just indicated interest in.

Therefore, a good cross-sell model will identify customers who bought jewelry but not from a particular jewelry category.

8 0
3 years ago
Other questions:
  • Which action can hurt your credit score? I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several cre
    5·2 answers
  • You have an investment that in today's dollars returns 12% of your investment in year 1, 18% in year 2, 11% in year 3, and the r
    14·1 answer
  • Cheyenne Corporation owns equipment that cost $49,200 when purchased on April 1, 2013. Depreciation has been recorded at a rate
    14·1 answer
  • Planners &amp; Builders, Inc., enters into a contract with O’Reilly to refurbish a garage on his property as an auto repair shop
    14·1 answer
  • Washington state had a bumper apple crop this year, significantly increasing the supply of apples in the U.S. Given this informa
    13·1 answer
  • Which of the following would be categorized as an opportunity cost?
    6·1 answer
  • Who can help me write at least 10 interview questions to ask a manager
    14·2 answers
  • An administrative (office) employee earns an annual salary which, when divided by total hours worked during the year, is the equ
    9·1 answer
  • Scarbrough Corp. factored $600,000 of accounts receivable to Duff Corp. on October 1, year 2. Control was surrendered by Scarbro
    15·1 answer
  • Ann lives in Princeton, New Jersey, and commutes by train each day to her job in New York City (20 round trips per month). When
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!