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Ann [662]
4 years ago
8

Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detai

led reports at the end of each shift. This organization has overcome the control system barrier of
Business
1 answer:
Ksenya-84 [330]4 years ago
7 0

Complete Question:

Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift. This organization has overcome the control system barrier of?

Group of answer choices

A) too much control.

B) overemphasis on paperwork.

C) overemphasis on means instead of ends.

D) overemphasis on one instead of multiple approaches.

E) too little participation.

Answer:

D) overemphasis on one instead of multiple approaches.

Explanation:

In this scenario, Anchor Resort and Casino requires its casino dealers to have licenses, observes them using closed-circuit TV, and requires detailed reports at the end of each shift.

Hence, this organization has overcome the control system barrier of overemphasis on one instead of multiple approaches.

This ultimately implies that, Anchor Resort and Casino has a variety of ways to ensure that its dealers are operating in line with set rules, standards, guidelines and policy of the company, so as to achieve organizational aims, goals and objectives successfully.

The multiple approach of the control system includes;

1. The casino dealers are expected to possess a license.

2. The casino dealers are being monitored through a closed-circuit TV (CCTV).

3. The casino dealers are required to give detailed reports at the end of each shift.

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A(n) ____ strategy requires little initial investment, is heavily regulated, and provides little opportunity to modify products
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3 years ago
Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sales and monthly fixed expense
irina [24]

Answer:

The answer is C) 1.25

Explanation:

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3 years ago
Indigo Ink Supply paid a dividend of $5 last year on its common stock. It is expected that this dividend will grow at a rate of
pychu [463]

Answer:

a.

1st $5.43

2nd $5.89

3rd $6.39

4th $6.93

5th $7.52

6th $7.81

b.

$75.85

Explanation:

Dividend is the payment to the stockholders out of earning of the company. Companies have a dividend policy which determine the future dividend payments.

Dividend of each year can be calculated by using the growth rate as a discount in the compounding formula.

Dividend Payment

First year = $5 x ( 1 + 8.5% )^1 = $5.43

Second year = $5 x ( 1 + 8.5% )^2 = $5.89

Third year = $5 x ( 1 + 8.5% )^3 = $6.39

Fourth year = $5 x ( 1 + 8.5% )^4 = $6.93

Fifth year =$5 x ( 1 + 8.5% )^5 = $7.52

Sixth year = $7.52 x ( 1 + 3.8% )^1 = $7.81

b.

Intrinsic value of the stock is the present value of all the associated dividends

We need to calculate the present value of all the dividend payment.

First year = $5.43 x ( 1 + 11.5% )^-1 =  $4.87

Second year = $5.89 x ( 1 + 11.5% )^-2 = $4.74

Third year = $6.39 x ( 1 + 11.5% )^-3 = $4.61

Fourth year = $6.93 x ( 1 + 11.5% )^-4 = $4.48

Fifth year = $7.52 x ( 1 + 11.5% )^-5 = $4.36

After fifth year the dividend will be discounted as follow

PV of dividend after fifth year = [ $7.81 / (11.5% - 3.8%) ] x [ (1+11.5%)^-6 ] = $52.79

Intrinsic Value of Stock = Sum of PV of all dividends = $4.87 + $4.74 + $4.61 + $4.48 + $4.36 + $52.79 = $75.85

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