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raketka [301]
3 years ago
8

Sue Kim is trying to decide which shoes to order for the next season. She has examined the sales reports and walked the sales fl

oor. She thinks she has a good idea, but she still asks her staff at the next meeting though, just to be sure. She is using which contingency for employee involvement in decision making?
Business
1 answer:
deff fn [24]3 years ago
3 0

Answer:

Source of decision knowledge.

Explanation:

Source of decision knowledge refers to situation where employees must get involved in the decision making process because management doesn't have all the relevant information that they need to make the right decision. In this case, Sue should her salespeople about their opinions since they are the ones that deal with the customers.

Modern management tries to involve subordinates in the decision making processes. Management is not expected to follow their advice but it is always good to have second or third thoughts about some issue especially if employees can be affected by the decisions.

We also have to consider the fact that employees are in contract with our customers, not the upper management. Workers are also in charge of production activities, not upper management. So they can be a really good source of information.

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ABC Company bonds are trading on the open market. These bonds mature in 10 years. The coupon rate on the ABC bonds are at 8.50%.
stepladder [879]

Answer:

7.59%

Explanation:

Using a financial calculator, input the following to calculate Yield to Maturity (YTM). I'm using Texas Instruments BA II Plus model.

Face value of the bond ; FV = 1000

Annual coupon payment; PMT = Coupon rate * Face value ;

PMT= 8.5%*1000 = 85

Present value of bond or price; PV = -1062.50

Time to maturity in years ; N = 10

then compute annual interest rate ; CPT I/Y = 7.59%

6 0
4 years ago
Kevin meets with a young man who wants to start saving for his son’s college education. What is Kevin’s profession?
Mashcka [7]
Kevin's profession is most likely a financial manager.
6 0
3 years ago
Read 2 more answers
Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He
aksik [14]

Answer:

$6,000

Explanation:

Since the main the activitity of Carlos' business is dry cleaning services, but not a trade in or business in holding real property, he is only is at risk for $30,000 which is personal money

Therefore, the total of $24,000 will be deducted in the first year while the remaining $6,000 will be deducted in the second year to have a total of $30,000 which is his personal risk.

Therefore, for the second year, Carlos can deduct <u>$6,000</u> of the loss.

3 0
3 years ago
Which field of economics deals primarily with the problems faced by​ low-income countries?
Marta_Voda [28]

Answer:

Development economics

Explanation:

Development economics is a field which deals with the problems dealt by low-income countries and low-middle income countries. The focus of development economics is to solve the development problems by using economic tools and to push these low-income countries to start trade with developing or developed countries. Development economics gained popularity, especially after globalisation, because it provided low-income countries with an opportunity to interact with other countries.

3 0
3 years ago
when comparing a retail business to a service business, the financial statement that changes the most is the
Leona [35]

Answer:

The income statement.

7 0
3 years ago
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