Louise is overwhelmed with the new tasks that she has been assigned after the department merger. Each day, she arrives at work a
nd makes a list of the new tasks, writes a number next to each one according to the urgency of completion, and schedules a time to complete each one. Although she's still stressed, Louise is able to get most of the work done and feels better at the end of the day. Louise is using ________ techniques to reduce her stress.A) job enrichmentB) goal settingC) relaxationD) time-managementE) job enlargement
Time management is the process of planning and exercising conscious control of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity.
From the question, we are informed that InSeason Inc. started a chain of organic supermarkets that had initial success and that the managers achieved a mastery of the firm's current environment, thereby filling a need in the market.
We are further told that InSeason defined and measured it success by financial metrics, with a focus on short-term performance and that as a result, the firm put in place metrics and systems to accommodate and manage increasing firm size due to continued success.
As a result of this tightly coupled system, InSeason developed a resistance to change. Resistance to change could be as a result of fear of failure by the company.
A straight-line depreciation method distributes depreciation costs evenly throughout the useful life of the equipment, and depreciation per year using this method is calculated thus:
Depreciation per year = (Cost of equipment - salvage value) ÷ useful life
= (45,200 - 6,100) ÷ 4 = 39,100 ÷ 4 = $9,775
This means that each year, the machine depreciates by a value of $9,775.
Next, we are given that the machine was sold for $32,200 after two years, to determine if a profit or loss was made, we will calculate the expected residual value after two years, and find the difference between this value and the selling price. The residual value is calculated thus:
Residual value = Cost of equipment - (depreciation per year × number of years used)
Residual value = 45,200 - ( 9,775 × 2 )
Residual value = 45,200 - 19,550 = $25,650
Difference between residual value and selling price = 32,200 - 25,650 = $6,550 (profit was made since the selling price was higher than the value of the equipment)
