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VLD [36.1K]
3 years ago
5

When Johnny Jack, manager of Jack-Mack Enterprises realized that his plan to increase sales levels among associates was not prod

ucing the results he desired, he took quick action to make necessary adjustments. Johnny was exercising the management function of:
Business
1 answer:
Ira Lisetskai [31]3 years ago
6 0

Answer:

Controlling

Explanation:

An efficient management control system must fulfill, among others, the following functions:

• Clearly display the actual situation of the organization, with simple information,  complete and updated on the internal and external situation (competitive environment and  environmental).

• Facilitate decision making, especially strategic decisions, based on a continuous improvement of the available information.

• Facilitate strategic self-diagnosis and the generation of conclusions that serve  of base and frame of reference to formulate the business strategy and align it with the vision.

• Detect and facilitate the use of the opportunities that are detected and of  own strengths as well as reducing threats and weaknesses.

• Design the appropriate qualitative and quantitative indicators that allow  control and facilitate decision making.

• Compare forecasts with actions within a prospective framework that  help to understand the future scenario, facilitating the comparison of one's own  company with others existing in your environment or on stage (as usual resource  to evaluate, diagnose and improve).

• Anticipate, anticipate or reduce as far as possible crises that affect or may affect the organization.

• Periodically and regularly prepare the management control report that facilitates the  generation of alternatives for management decision making and enable  exchange of information between its recipients.

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Denver Company engages Public Company to produce a large machine, install the machine, and train their employees on the machine.
nata0808 [166]

Answer:

Results are below.

Explanation:

Giving the following information:

Machine= $800,000

Installation= $100,000

Training= $100,000

Total= 1,000,000

Denver and Public agree to a total contract price of $920,000.

First, we will determine the sales proportion:

Machine= 800,000/1,000,000= 0.8

Installation= 100,000/1,000,000= 0.1

Training= 100,000/1,000,000= 0.1

Now, we can allocate the price to each one:

Machine= 920,000*0.8= 736,000

Installation= 920,000*0.1= 92,000

Training= 920,000*0.1= 92,000

4 0
3 years ago
One of Sanjay's work responsibilities is to check inspection stations periodically to monitor the quality of the products throug
Nikitich [7]

Answer:

This is an example of quality control

Explanation:

A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.

One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.

Quality control helps companies identify areas that need to be improved, thus raising overall product value.

3 0
3 years ago
In 2013, how much money did Tesla raise via common stock offerings, net of fees and expenses?a) $515.6 millionb) $410.1 millionc
DaniilM [7]

Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

<h3>What was the finance for?</h3>

As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.

Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

Therefore, the Option B is correct.

Read more about finance

<em>brainly.com/question/25572872</em>

#SPJ1

4 0
2 years ago
Select the education and qualifications that are most helpful for Business Analysis careers. Check all that apply.
Eva8 [605]

Answer:

computer skills,marketing skill ,research skill ,bachelor degree in finance,problem solving skills.

Explanation:

6 0
3 years ago
Read 2 more answers
If overhead is overapplied, it means that individual jobs have not been charged enough overhead during the year and the cost of
steposvetlana [31]

Answer:

True

Explanation:

At the end of the manufacturing period the overhead cost applied to manufactured goods are compared to actual cost incurred.

If, Actual Overheads > Applied overheads, we say overheads are underapplied. this means the cost of goods sold has been charged too little and must be increased.

and

If, Applied Overheads > Actual overheads, we say overheads are overapplied. this means the cost of goods sold has been charged too much and must be lowered.

8 0
3 years ago
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