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Mrac [35]
2 years ago
10

Earlene Gibson, the HR manager of BioMd, a manufacturer of high-end medical diagnostic equipments, is planning to implement a so

cialization program in the organization. She designs a program in which each stage of socialization is an "elimination tournament," and a new hire is out of the organization if he or she fails. Earlene submits the program draft to the CEO for approval. Which of the following, if true, would be the strongest counterargument for the implementation of this plan?
A. The company is characterized by a vertical organizational structure and centralized decision making.
B. BioMd has a strong R&D orientation and innovation and risk taking are the major values that the company promotes.
C. One of the goals of the socialization program is to exercise more discipline and control in the organization.
D. The management is intending to develop a homogeneous workforce that is highly cohesive and goal oriented.
Business
1 answer:
Ilia_Sergeevich [38]2 years ago
3 0

Answer: <em>From the given comprehension above if the information provided is true then  the strongest counterargument for the implementation of this plan would be that , </em><u><em>BioMd has a strong R&D orientation and innovation and risk taking are the major values that the company promotes</em></u><em><u>.</u></em>

Here, we've been provided with the information that Earlene Gibson designs a program where stages of socialization is an "knockout tourney" and a new hire is out of the company if they fail. Thereby submitting the same to the CEO for approval. This states that the company do promotes value such as risk taking.

<u><em>Therefore the correct option is (b)</em></u>

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Omar invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 3% profit. The amount that he
photoshop1234 [79]

Answer:

Investment in fund b = $15,000

Explanation:

Let us assume  funds invested in fund b = x while the sum total of funds invested in fund a & b = Y .ie Y = $6000 + x

Fund A returned $6000 * 3/100 = $180

Fund B returned = x & 10/100 = x/10

8%y(total returns) = funds a returns + fund b returns

8%y = $180 + (x/10)

let is replace y with 6000 + x

(6000 +x) * 8% = 180 + (x/10)

480+ 8x/100 = 180 + (x/10)

480 - 180 = (x/10) - (8x/100)

300 =        (10x - 8x )/100

300 = 2x/100

300*100 = 2x

30,000 = 2x

x = 15, 000

6 0
2 years ago
Nair Corp. enters into a contract with a customer to build an apartment building for $1,000,000. The customer hopes to rent apar
Ivahew [28]

The determination of the transaction price for this contract for Nair Corp. is as follows:

Completed by Probability:

Date                             Probability         Bonus/Penalty       Outcome

August 1, 2015                  70%                 $150,000         $105,000 ($150,000 x 70%)

August 8, 2015                 20%                 $50,000             -10,000

August 15, 2015                 5%                  $50,000              -2,500

After August 15, 2015        5%                 $50,000              -2,500

Total expected value of performance bonus =           $135,000

Contract value = $1,000,000

Total transaction price = $1,135,000 ($1,000,000 + $135,000).

<h3>What is a transaction price?</h3>

A transaction price is the amount of consideration expected to be paid or received for the exchange of goods or services.

A transaction price can vary based on timing or performance factors.

<h3>Data and Calculations:</h3>

Contract value = $1,000,000

Performance bonus = $150,000

Penalty per week in performance bonus = $50,000

The total transaction price is <u>$1,135,000</u>.

Learn more about contract transaction prices at brainly.com/question/984979

4 0
1 year ago
Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpki
valkas [14]

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = \frac{change\ in\ Q}{Change\ in\ I}

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag =  \frac{800-500}{2-1} = 300

Marginal product of 3rd bag =  \frac{900-800}{3-2} = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

3 0
3 years ago
The table below reports the total population in a country and the number of people in different groups as below:Total population
weqwewe [10]

The unemployment rate in this population is 12%

First of all we have to find the total labour force in this country

Children less than 18 + people in the military + people in jail + retirees + marginally attached workers + full time students

= 50million + 15million + 30 million + 10 million + 30 million + 20

= 155 million

Labor force = 280million - 155 million

= 125 million

In this population those working full time and part time are the number of those that are employed.

= 30 million + 80 million

= 110 million

The unemployed = 125 million - 110 million

= 15million

The unemployment rate =

\frac{Unemployed}{LaborForce} \\=\frac{15}{125}

= 0.12

The unemployment rate = 12%

Read more on brainly.com/question/15707932?referrer=searchResults

5 0
2 years ago
Union Company reported the following information about the production and sale of its only product during the first month of ope
AleksAgata [21]

Answer:

C) $200.00

Explanation:

Absorption Product Cost = Direct Labor + Direct Materials + Variable Overheads + Fixed Overheads

Thus, we need to Calculate the Total Cost of Goods Manufactured as follows :

Direct materials used                        $160,000

Direct labor                                        $100,000

Variable factory overhead                 $60,000

Fixed factory overhead                      $80,000

Total Cost of Goods Manufactured $400,000

Then Calculate the product cost per unit

Product cost per unit = Total Cost / Total Production

                                   =  $400,000 / ($315,000/$225.00 + 600)

                                   =   $400,000 / 2,000

                                   =   $200.00

Note : Total Production = Units Sold <em>plus</em> Ending Finished Goods Inventory

3 0
3 years ago
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