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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.

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41.
dsp73

a) ( 0.8509718, 0.8890282)

b) ( 0.7255, 0.7745)

Explanation:

(a)

Given that , a = 0.05, Z(0.025) =1.96 (from standard normal table)

So Margin of error = Z × sqrt(p × (1-p)/n) = 1.96 × sqrt(0.87 × (1-0.87) / 1200)

=0.01902816

So 95 % confidence interval is

p+/-E  

0.87+/-0.01902816  

( 0.8509718, 0.8890282)

(b)

Margin of error = 1.96 × sqrt (0.75 × (1-0.75) / 1200) = 0.0245

So 95% confidence interval is

p+/-E

0.75+/-0.0245

( 0.7255, 0.7745)

5 0
3 years ago
Admire County Bank agrees to lend Givens Brick Company $300,000 on January 1. Givens Brick Company signs a $300,000, 8%, 9-month
Harlamova29_29 [7]

Answer:

The correct option is C.

Cash A/c Dr       $300,000

   To Notes Payable      $300,000

(Being notes payable issued)

Explanation:

As brick company has sign a $300,000 note which consist 7% interest rate and the duration of note is 9 month on January 1

The question has asked the journal entry on January 1 date.

So, the journal entry is

Cash A/c Dr       $300,000

   To Notes Payable      $300,000

(Being notes payable issued)

The interest part should be ignored because in the question they asked the journal entry of January 1 not in the end of the month. According to the date of asking the journal entry, the amount is to be calculated. Thus, interest should not be considered.

Hence, the correct option is C.

Cash A/c Dr       $300,000

   To Notes Payable      $300,000

(Being notes payable issued)

5 0
2 years ago
Employer payroll taxes: Multiple Choice Represent the social security taxes withheld from employees. Are payable for up to a max
AlexFokin [52]

Answer:

Are added expenses beyond that for the wages and salaries earned by employees

Explanation:

The employer payroll taxes are the taxes which are to be computed as a percentage of the wages salaries earned by the employees. It is divided into two types - social security taxes i.e 6.2% and the medicare taxes 1.45%

And the journal entry is

Payroll tax expense A/c Dr XXXXX

To Social security tax A/c  XXXXX

To Medicate tax A/c  XXXXX

To State Unemployment tax payable  XXXXX

To Federal Unemployment tax payable XXXXX

(Being the payroll tax expense is recorded)

Moreover, it is an added expenses

6 0
3 years ago
What is the set of official government statistics on aggregate economic activity in production, income, investment and savings?
IrinaK [193]
What is the set of official government statistics on aggregate economic activity in production, income, investment and savings?
4 0
2 years ago
Which of the following is an example of a cross-functional business process?
Westkost [7]

An example of a cross-functional business process is <u>e. Hiring employees</u> because it involves more than the HR department.

<h3>What is a cross-functional business process?</h3>

The cross-functional business process is a business process that involves many divisions or departments.  Each department contributes its part to the production workflow or to the fulfillment of the process.

For example, in <u>creating a new product</u>, many departments must be involved.  Other processes that involve many departments are product development, lead management, client orders processing, and other critical processes.

Thus, an example of a cross-functional business process is e. Hiring employees.

Learn more about cross-functional business processes at brainly.com/question/12434273

4 0
2 years ago
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