I recommend by adopting appropriate business management concepts that are appropriate for the size and scope of the firm, employees in an organisation can be more flexible.
This will also assist the manager in boosting market competition and avoiding the necessity for the organization’s optimum level of production.The business management principles outlined by economist Henry Fayol are an useful resource for learning how to run a company profitably and effectively with the resources at hand.Chain level management can be used to accomplish work specialisation and bring in more resources or labourers to distribute the workload evenly.To reduce expenses and ensure optimal resource use, departmentalizing management can also increase manufacturing.It is ideal for management to provide working conditions that allow employees greater benefits, such as greater mobility, with a layout that includes the right flow between people, products, and materials in order to increase the flexibility and diligence of workers in order to increase the competitiveness of their manufacturing sites.
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<span>It is very important that when constructing a responsibilities matrix that only one person has primary accountability for each activity. This ensures that not only division of labor is properly used, but it also decreases conflict between two person regarding methods or mentality regarding how the activity should be completed or managed.</span>
It’s Levi because it’s clearly written that Levi is a beginner. Hope that works!
Answer:
$1,068.02
Explanation:
For computing the selling price of the bond we need to use the Future value formula or function i.e to be shown in the attachment below:
Given that,
Present value = $1,000
Rate of interest = 10% ÷ 2 = 5%
NPER = 3 years × 2 = 6 years
PMT = $1,000 × 8% ÷ 2 = $40
The formula is shown below:
= FV(Rate;NPER;PMT;-PV;type)
The present value comes in negative
So, after applying the above formula, the selling price of the bond is $1,068.02
Answer:
COnsider the following calculations
Explanation:
1. $
Annual Savings in Part-time help 6300
Added Contribution Margin from expanded sales 2600x1.50 3900
Annual Cash Inflows 10200
2.
NPV @ 5%
= Present Value of Cash inflows - Present Value of Cash outlfows
= [10200x 5.076] - 47300
= $4475
NPV @ 10%
= Present Value of Cash inflows - Present Value of Cash outlfows
= [10200x4.355] - 47300
= -$2779
Internal Rate of Return = Lower Rate + [Lower rate NPV/ (Lower rate NPV - Higher rate NPV] x Difference in rates
= 5 + [4475 / (4475+2779)] x 5
= 8%
3. NPV @ 5%
= Present Value of Cash inflows - Present Value of Cash outlfows
= [(10200x 4.355) + (12000x0.564)] - 47300
= $3889
NPV @ 15%
= [(10200x 3.784) + (12000x0.432)] - 47300
= -$3519
Internal Rate of Return = Lower Rate + [Lower rate NPV/ (Lower rate NPV - Higher rate NPV] x Difference in rates
= 10 + [3889 / (3889+3519)] x 5
= 13%