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Scorpion4ik [409]
3 years ago
13

Vanessa is the purchasing manager at General Things, a maker of housewares. She has evaluated the first year's performance of Hu

nter, a purchasing agent. In the evaluation, she noted that he places orders accurately, but when employees in the company ask about the status of their orders, he has difficulty finding the information for them in a timely manner. What should be the next step in performance management in this situation?
Business
1 answer:
klemol [59]3 years ago
3 0

Answer: The options are given below:

A. Vanessa should define new performance outcomes that do not include checking order status.

B. Hunter should develop more realistic goals that do not include checking order status.

C. Vanessa and Hunter should set new performance standards that are more realistic.

D. Vanessa should arrange for training so Hunter can learn how to look up the status of orders.

E. Vanessa should provide Hunter with ongoing performance feedback.

The correct option is D. Vanessa should arrange for training so Hunter can learn how to look up the status of orders.

Explanation: From the scenario given above, we can conclude that Hunter is a good purchasing agent, but a bad record keeper, since he finds it difficult to quickly come up with information about orders.

The next reasonable step to take in order to make Hunter perform better would be to arrange a training for Hunter in order to make him a better record keeper, and therefore be able to keep the records on his orders in a way that he will be able to quickly come up with the status of the orders of employees.

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Forrester Company is considering buying new equipment that would increase monthly fixed costs from $396,000 to $684,000 and woul
Ber [7]

Answer:

50%

Explanation:

Contribution margin is used to determine the profitability of a product. it is price less variable cost

Contribution margin ratio = (price - variable costs) / price

variable cost = 80 - 20 = 60

price = 120

(120 - 60) / 120 = 50%

6 0
3 years ago
Steve has an option with a payoff profile that depicts a line that is constant at zero up until some point after which the line
ICE Princess25 [194]

Answer:

D) Sold a call option

Explanation:

From the question, we are informed about Steve, who has an option with a payoff profile that depicts a line that is constant at zero up until some point after which the line slopes downward. In this case the type of action did Steve take to obtain this profile is Sold a call option.

a call option can be regarded as a kind of derivatives contract that enable the a call option for those that want to purchase stock or financial instrument the right to buy it at a specific price but not obligation. When a call option is sold, then the buyer is given the opportunity to buy the stock at a particular price with expeiration. The price is known as "strike price".

4 0
3 years ago
Kalons, Inc. is a U.S.-based MNC that frequently imports raw materials from Canada. Kalons is typically invoiced for these goods
pantera1 [17]

Answer:

The correct answer is C) purchase Canadian dollar put options.

Explanation:

A sale option (or put option) gives its holder the right - but not the obligation - to sell an asset at a predetermined price until a specific date. The seller of the option to sell has the obligation to buy the underlying asset if the holder of the option (buyer of the right to sell) decides to exercise his right.

The purchase of put options is used as hedging, when price falls are anticipated in shares that are held, since by means of the purchase of Put the price is established from which money is earned. If the stock falls below that price, the investor earns money. If the share price falls, the profits obtained with the sale option compensate in whole or in part for the loss experienced by said fall.

Losses are limited to the premium (price paid for the purchase of the sale option). Earnings increase as the share price falls in the market.

5 0
3 years ago
Sherman, who owns property in a life estate, neglects the property, significantly diminishing its value. this is called ______.
asambeis [7]

Sherman, who owns property in a life estate, neglects the property, significantly diminishing its value. This is called a<u>n act of waste</u>.

The diminishing value technique assumes that the cost of a depreciating asset decreases extra within the early years of its effective life.

Basically, you take the number 2 hundred and divide it by the object's effective existence. For instance, 10 years, and specific that as a percentage (two hundred/10 = 20% in this example). The depreciation price applies to the faded cost of the asset after it's been depreciated every 12 months.

In the diminishing value approach, depreciation is calculated on the e-book cost of the asset at the start of the year rather than the precept amount with constant percent. on this, the percentage is identical however depreciation quantity steadily decreases as it's far completed on book value.

Learn  more about diminishing value here brainly.com/question/18633836

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3 0
2 years ago
Concord Company has completed all of its operating budgets. The sales budget for the year shows 50,640 units and total sales of
marta [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
3 0
3 years ago
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