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3 years ago

Becoming a manager meams

Business

1 answer:

Lesechka [4]3 years ago

5 0

Answer:

The statement is: True.

Explanation:

Being a manager implies handling groups of people with diverse cultures, experiences, and personalities. To perform a proficient work, executives should have a well-defined method of working but be able to adapt it according to their subordinates and the situation the firm is facing. In some cases, their ego will have to be left behind to reach the company's goals.

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People generally file for bankruptcy because they:

valentina_108 [34]

The correct answer is A) Have more debt than they can pay because there are laws, generally by the state, that limit when people can file for bankruptcy. You are not allowed to file for bankruptcy unless you are unable to afford your debts. Choices B, C, and D, along with being illegal, are also unethical, especially in terms of business.

3 0

3 years ago

If $ 9 comma 000 is invested in a certain business at the start of the year, the investor will receive $ 2 comma 700 at the end

laiz [17]

Answer:

NPV= 1,036.16

Explanation:

Giving the following information:

Initial investment= $9,000

Cash flows= $2,700 at the end of each of the next four years.

Interest rate= 3%

To calculate the net present value (NPV), we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Cf1= 2,700/1.03= 2,621.36

Cf2= 2,700/1.03^2= 2,545

Cf3= 2,700/1.03^3= 2,470.88

Cf4= 2,700/1.03^4= 2,398.92

Total= 10,036.16

NPV= -9,000 + 10,036.16

NPV= 1,036.16

3 0

3 years ago

Four years ago, Lisa Stills bought six-year, 13.68 percent coupon bonds issued by the Fairways Corp. for $947.68. If she sells t

LekaFEV [45]

Answer:

10.60%

Explanation:

First, we calcualte the returns and then solve for the rate like a normal compounding:

returns:

annual coupon payment. 1,000 face value x $ 13.68 = $ 136.80

sales price: 913.73

total: 136.8 x 6 + 913.73 = 820.80 + 913.73 =

cost: 947.68

to record the effective rate of return:

$947.64 (1+ r_e)^6 = 1,734.5\\$

$\sqrt[6]{\frac{1,734.5}{947.68}} -1 = r_e$

effective rate of return: 0.105992287 = 10.60%

5 0

3 years ago

Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 33,000 candles for January. Each candle requires molding. A

djverab [1.8K]

Answer:

Total direct labor cost = $16,087.50

Explanation:

Production = 33,000 candles

Minute per candle = 3 minutes

Total minute to produce 33,000 Candle = 33,000 candles * 3 minutes = 99,000 Minutes

Total hours for production = 99,000 / 60 minutes = 1,650 hours

Hence, molding hours = 1,650 hours

Total direct labor cost = Molding hours * Molding labor costs per hour

Total direct labor cost = 1,650 hours * $9.75

Total direct labor cost = $16,087.50

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3 years ago

When establishing criteria to measure the success of a customer-oriented business, managers should:?

gavmur [86]

Managers should conduct a 360 evaluation of staff performance. This includes gathering feedback from suppliers, customers, and other employees. Customer surveys, with an incentive, are an effective way to measure success and gather target feedback. A key performance indicator for this type of business is customer retention.

7 0

3 years ago