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N76 [4]
3 years ago
6

______ is a structured program in which a high-potential trainee is groomed for a management position through a carefully design

ed sequence of short-term job transfers and rotations, gaining experience with various parts of the business, often with increasing levels of challenge and responsibility.
Business
1 answer:
vitfil [10]3 years ago
7 0

Answer:

Management training program.

Explanation:

Management training program is a structured program in which a high-potential trainee is groomed for a management position through a carefully designed sequence of short-term job transfers and rotations, gaining experience with various parts of the business, often with increasing levels of challenge and responsibility.

Basically, it is a structured program which is typically designed and focused on improving a high-potential trainee's skills such as communication, listening, empathy, oratory abilities, etc, in order to make them to be more productive, valuable, an effective leader, and leverage on new opportunities that would help the organization achieve success in their set goals and objectives, as well as enhance their competitive advantage over rivals in the industry.

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Under which of the following circumstances may investment bankers review an equity research report prior to publication
Troyanec [42]

(B) To verify the factual accuracy investment bankers review an equity research report prior to publication.

<h3>What are investment bankers?</h3>
  • A financial institution's investment banker is largely responsible for obtaining cash for firms, governments, or other entities.
  • The investment banking industry is attractive because it pays handsomely.
  • Investment bankers must have great verbal and writing communication skills, as well as the ability to work long and demanding hours.
  • Prior to publication, investment bankers analyze an equities research report to ensure its accuracy.
  • Large, complex financial transactions are facilitated by investment bankers.
  • These transactions may include arranging for a client's acquisition, merger, or sale.
  • Another duty of investment bankers is to issue securities in order to raise capital.

As the description itself says, prior to publication, investment bankers analyze an equities research report to ensure its accuracy.

Therefore, (B) to verify the factual accuracy investment bankers review an equity research report prior to publication.

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Complete question:

Under what circumstances may investment banking personnel review an equity research report prior to publication?

A) To prevent a recommendation that may alienate a client company

B) To verify its factual accuracy

C) Under no circumstances

D) To ensure a favorable recommendation

6 0
1 year ago
Transferring a strategic plan into a reality can take more than planning. Provide an example of a leader who has transformed a s
vladimir1956 [14]

Explanation:

Strategic planning is essential for a company to be well positioned in the market and achieve success. However, more than planning, it is necessary to carry out the actions that will lead the company to achieve its objectives.

An example of a leader who knew how to effectively execute his strategies and make his company globally recognized was Steve Jobs. He wanted to create pioneering products in technological innovation and that at the same time had a focus on the needs and desires of the consumer, in addition to the central functionalities, Apple devices combined characteristics that differentiated them from their competitors, bringing a whole concept behind the brand, combining technology, innovation, design and other elements that transfer value to the product and position the brand in the market.

The greatest examples of business that can be learned from Steve Jobs is to keep the focus on innovation and customer loyalty, combining simplicity for the use of computers and cell phones with a high quality that has become a reference.

7 0
3 years ago
Your company is restructuring, and two layers of management have been eliminated. You now report directly to the national sales
7nadin3 [17]

Answer:

A) Flattened management hierarchies

Explanation:

Organizations are usually shaped like pyramids, with the vast majority of the employees being at the bottom of the pyramid, and the number of supervisors and managers shrinking as you go up. Traditional organizations tend to have a lot of management levels and are very tall, while more modern organizations have much fewer management levels and are much shorter and flatter.

In this case, since two management levels have been eliminated, the organizational pyramid is shorter and flatter.

7 0
2 years ago
Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answ
Alexxandr [17]

EAR = [ 1 + (APR/m)]^m -1 where, m = periods in one year.

<h3 /><h3><u>What Is the Annual Percentage Rate (APR)?</u></h3>

The term "annual percentage rate" (APR) describes the annual interest that is produced by an amount that is charged to borrowers or paid to investors. APR is a percentage that represents the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment. This does not account for compounding and includes any fees or other charges related to the transaction. Consumers can evaluate lenders, credit cards, and investment goods using the APR as a benchmark figure.

<u>What Makes an Effective APR?</u>

What constitutes a "good" APR will vary depending on the market's competing rates, the central bank's prime interest rate, and the borrower's own credit score. Companies in competitive industries will occasionally offer very low APRs on their credit products, such as 0% on vehicle loans or leasing options, when prime rates are low. Although these low rates could sound alluring, clients should make sure that they are permanent and not just introductory rates that will change to a higher APR after a set amount of time. Furthermore, individuals with really good credit ratings can be the only ones who can get low APRs.

<u>Calculation:</u>

<u>a.</u> [ 1 + (0.099/4)]^4 -1

EAR = 10.27%

<u>b.</u> [ 1 + (0.189/12)]^12 -1

EAR = 20.62%

<u>c.</u> [ 1 + (0.149/365)]^365 -1

EAR = 16.06%

<u>d.</u> [ 1 + (0.119/10,000)]^10,000 -1

EAR = 12.63%

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<u>Correct question:</u>

Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)

a. 9.9% Quarterly

b. 8.9% Monthly

c. 14.9% Daily

d. 11.9% Infinite

3 0
2 years ago
For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acqu
bagirrra123 [75]

Answer:

Dr Depreciation expense(notes) $81,000

Cr To Accumulated depreciation $81,000

Explanation:

Preparation of any 2021 journal entry related to the change.

First step is to Compute the new depreciation related to the change.

Details Amount

Asset’s cost at the beginning $2,750,000

Accumulated depreciation to date ($ 2,352,000)

Less Undepreciated cost $ 398,000

($2,750,000- $2,352,000)

Less Estimated residual value ($155,000)

To be depreciated over remaining 3 years $ 243,000

($398,000-$155,000)

Annual straight-line depreciation for remaining 3 years =$ 243,000/ 3 years $81,000

Now let prepare the Journal entry

Dr Depreciation expense(notes) $81,000

Cr To Accumulated depreciation $81,000

7 0
3 years ago
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