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natka813 [3]
4 years ago
11

American Airlines has established a goal of increasing its profits by 12 percent next year. To ensure that the goal is reached,

management monitors profits on a monthly basis. After three months, if profits have not increased by 3 percent, management will take corrective action to get the company on track. By doing so, management is carrying out its ____ function(s).
Business
1 answer:
Nimfa-mama [501]4 years ago
8 0

Answer:

Controlling  function

Explanation:

Management is an authority that is hiring in the company or business for gaining profit and provide stability to the business. In business, management authorities have the power to control and decide the necessary step that provides gain to the business.

In the case of American Airlines, management has all Controlling  functions that help them to get back business on track.

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What will happen to the firms equilibrium wage rate when the supply of labour decrease from 25 to 15? Explain with the help of d
Tpy6a [65]

Answer:

Wage rate = $960

Explanation:

Supply of labor is the number of hours workers are willing to work at a given real wage rate. When wage rate increases, supply of labor also increases because more people are encouraged as now they can obtain a higher income. When wage rate decreases, labor supply also decreases.

<em><u>View diagram</u></em>

In this case, however, there has been a decrease in supply, causing the supply curve to shift from S to S1. This can be due to many reasons such as migration, increase in minimum working age or increase in interest in education causing more people to study. When the supply of labor falls, there are less people available for work. Thus, demand exceeds supply, causing a shortage. Hence, the pressure causes price, i.e. wage rate to increase. To determine by how much the increase is, cross-multiplication can be used:

At 25 laborers, wage rate is $600 (25 = 600)

At 15 workers, wage rate is X (15 = X)

We now substitute for X, which is the amount by which wage rate will increase.

25 / 600 = 15 / X

Thus, 25X = 9000 (600 x 15)

9000 / 25 = X

X = 360.

Hence, wage rate at 15 laborers is 600 + 360 = $960

3 0
3 years ago
Computing the terminal-year FCF: Miles Cyprus Corp. purchased a truck that currently has a book value of $1,000. If the firm sel
jeka57 [31]

Answer:

$3,800

Explanation:

Miles Cyrus bought the truck for $1,000 and then sold it for $5,000:

The selling price of the truck is =                  $5,000

The cost basis of the truck is =                     ($1,000)

Net capital gain is =                                        $4,000

capital gains taxes is $4,000 x 30% = $1,200

The terminal year future cash flow is = $5,000 - $1,200 = $3,800

4 0
3 years ago
Consider the following situations for Shocker:
denis23 [38]

Answer:

Explanation:

1. 28/11 Debit: Bank. $4,500

Credit: deferred Rev $4,500

Being advance pmt for services

2. 01/12 Debit: advert exp $900

Debit: Ad Prepaym. $1,800

Credit: Bank. $2,700

Being payment for advert

3. 31/12 Debit: Salary payable$8000

Credit: Salary Exp. $8000

Being Accrued salaries

4 31/08 Debit: Bank. $70,000

Credit: Loan A/c. $70,000

Being bank loan borrowed

5. 31/12 Debit: into on loan $2,100

Credit: Bank. $2,100

Being accrued interest on loan borrowed.

4 0
3 years ago
Read 2 more answers
Several firms have claimed to have dropped performance appraisals completely and focused entirely on performance management. Muc
svet-max [94.6K]

Answer:

B. Forced distribution method

Explanation:

Forced distribution method is a rating used by organizations to evaluate their work place. In this situation, the raters are made to give ratings to individuals being evaluated into an already established performance distribution. It requires the person carrying out the appraisal to place or appraise workers based on certain predetermined parameters from which he can then rank them. The forced distribution method is one of the most not established fact but also one of the most adopted appraisal method. Due to the criticism attached to it, it stemmed up organizations claiming to have dropped off performance appraisals completely.

6 0
3 years ago
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Research that investigated what behaviors were employed by effective leaders suggested that there are two types of leader? behav
hichkok12 [17]

Answer:

​task-focused; employee-focused

Explanation:

8 0
3 years ago
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