Answer:
B. controlling
Explanation:
Controlling can be defined as that function of management which helps to seek planned results from the subordinates, managers and at all levels of an organization.
The controlling function helps in measuring the progress towards the organizational goals & brings any deviations, & indicates corrective action.
The function of control consists of those activities that are undertaken to ensure that the events do not deviate from the pre-arranged plans.
The controlling function that Synthesis Inc does is as follows:
periodically reviews the goals of the company: Measurement of actual performance.
During the process, the managers of the company analyze their current strategies as compared to their competitors strategies: Measuring actual performance with the pre-determined standard and finding out the deviations.
determine goals that they will pursue, and decide upon specific actions for each area of the company to take in pursuit of these goals:d. Taking corrective action.
Answer:
A, C, B
Explanation:
Calculation to determine In what order should Grover Corp. prioritize production of its products to maximize profit during the labor shortage
Product A Product B Product C
Selling price $ 44.00 $ 18.00 $ 28.50
Less Variable cost per unit
$ 28.00 $ 15.00 $ 27.00
=Contribution margin per unit
$16.00 $3.00 $1.50
÷Direct labor hours per unit 2.00 1.50 .50
=Contribution margin per labor hour
$8.00 $2.00 $3.00
PRODUCT A=$16.00÷2.00
PRODUCT A=$8.00
PRODUCT B=$3.00÷1.50
PRODUCT B=$2.00
PRODUCT C=$1.50÷.50
PRODUCT C=$3.00
RANKING:
PRODUCT A=$8.00
PRODUCT C=$3.00
PRODUCT B=$2.00
Therefore based on the above calculation the order that Grover Corp.should prioritize production of its products to maximize profit during the labor shortage will be from the highest Contribution margin per labor hour to the lowest which are A,C,B
Discipline is important for entrepreneurs because (C)entrepreneurship requires more work than any other profession
Explanation:
Entrepreneurs are the individual who come up with their own ideas ,they know what they want to do, but their knowledge lacks in term of
- How to market their product
- What price should the product be made available
- What are the consumer segment they want to target
- What will be the USP of their product
- What platform they will make use of to sell their product
In order to answer all these question a entrepreneur requires to work harder than the other professionals.
<u>The other professional </u>already have a business set-up ,target audience,they have a well developed market in which they want to cater ,so they don't have to put in much effort .
Answer: Irrational escalation
Explanation: Irrational escalation of commitment occurs when an individual's tends to make irrational decisions in situations where walking away should have been the best. The irrational escalation of commitment in the context above could result due to circumstantial nature of a negotiation or competitiveness whereby negatiators ends up paying or making overboard decision in situations where it isn't necessary.
In the context above, in other to avoid irrational escalation of commitment, Juanita and her team already set a reasonable reservation price and she frequently checks her BEST ALTERNATIVE TO A NEGOTIATED AGREEMENT, which is what a negatiator will do if they fail to reach an agreement. This ensures that irrational decision is avoided in the course of a pronloged or competitive negotiation.
Answer:
zero
Explanation:
Melissa will have to add to their taxable gifty amount as it exceed the 15,000 tax exemption per year:
100,000 - 15,000 = 85,000
The goverment states an exclusion per lifetime at 11,400,000
Melissa currently is at 2,000,000 therefore it can kepe with their gift for several years without paying gift taxes as, 2,000,000 + 85,000 = 2,085,000 is still below the lifetime exclusion