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Ivenika [448]
3 years ago
9

One implication of goal-setting theory is that goals should be: set by top management. relatively easy to achieve. set at a leve

l that slightly exceeds the ability of employees to achieve them. set through a process that involves all persons responsible for formulating and implementing the goals.
Business
1 answer:
slavikrds [6]3 years ago
6 0

Answer:

set through a process that involves all persons responsible for formulating and implementing the goals.

Explanation:

Goal setting theory states that when there are specific and challenging goals along with appropriate feedback, there will be better performance of tasks.

Goal setting is a continous process that is improved by feedback of all stakeholders.

In setting goals performance is improved when the people that implement and formulate the goals are involved.

This will result in higher buy in to the process since all interested parties set the goals together.

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Sometimes mathematical models are insufficient to predict future personnel requirements. In this case, ________ may be necessary
brilliants [131]

Answer:

The correct answer is: Managerial Judgment.

Explanation:

To begin with, the concept known as "Managerial Judgment" in the field of business refers to the process of managerial decision making done by the manager of the organization, therefore that it could be also understood as the ability that they have in order to resolve the situations that might cause harm to the operations or to the plans of the company. That is why that when sometimes the mathematical models are insufficient to predict future personnel requirements then the managerial judgment enters in the game in order to try to acquire the best solution as possible depending on the situation presented for the managers.

6 0
3 years ago
When a customer chooses to accept an item of value from a business because it requires no incremental spending on the part of th
iVinArrow [24]

Answer:

The correct answer is letter "B": rational people think at the margin.

Explanation:

The "rational people think at the margin" principle means that consumers consider the marginal benefits and costs of acquiring a good or service before the purchase is made. Purchases typically take place when the marginal benefit is higher than the marginal cost.

7 0
4 years ago
Which of the following is NOT correct about causal regression analysis of the form Y = f(X)? A. Selection of the appropriate cau
Law Incorporation [45]

Answer:

A. Selection of the appropriate causal variable Y is important

Explanation:

We have this function, Y = f(X).

From this function we can see that Y is dependent on X. That is, it is a function of X. Y is not a causal variable. A causal variable is a variable that is able to influence the variable of interest. From this question Y is the variable of interest. It is the dependent variable. The independent variable is X and it is the causal variable.

Therefore the incorrect one is Selection of the appropriate causal variable Y is important

5 0
3 years ago
Two products, QI and VH, emerge from a joint process. Product QI has been allocated $21,300 of the total joint costs of $42,000.
nikklg [1K]

Answer:

Processing QI further would lead to a loss of ($5,200)

Explanation:

<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.  </em>

<em>Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .  </em>

<em>Financial disadvantage of processing QI further</em>

                                                                                           $

Sales revenue after the split-off point (13× 2,800)       36,400

Sales revenue at the split-off point      (11× 2,800)     <u>   (30,800) </u>

Additional sales revenue                                                  5,600

Further processing cost                                                <u> ( 10,800)</u>

Net advantage from further processing 1,200            <u>   (5,200)</u>

Processing QI further would lead to a financial disadvantage of ($5,200)

<u />

7 0
3 years ago
Calculate the opportunity cost if cliffordstan switched from producing combination c to producing b.
Whitepunk [10]

The opportunity cost of shifting from point C to D is 40 tons of oranges.

<h3>What is the formula for calculating opportunity cost?</h3>

Opportunity cost is the help you forego in choosing one duration of action over another. You can determine the opportunity cost of picking one investment option over another by using the following method: Opportunity Cost = Return on Most Profitable Investment Choice - Return on Investment Chosen to Pursue.  The law of increasing opportunity cost: As you increase the production of one good, the opportunity expense to produce the more goods will increase.

To learn more about the Opportunity cost visit the link

brainly.com/question/13036997

#SPJ4

5 0
2 years ago
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