Answer:
The correct answer is C.
Explanation:
The Improvement Model is mainly based on three fundamental questions about any type of improvement that is sought. These questions pursue the following topics: address the aim, achieving understanding that it is to achieve, the measures to use, both to implement and to know if the change will represent a real improvement, and finally the changes to use to result in an improvement.
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I think the most appropriate answer would be C.
I hope it helped you!
Answer:
a. Cash freed up by cash management:
= Amount received * speed increased by + Amount disbursed by speed reduced by
= 2,550,000 * 2 days + 1,110,000 * 1/2 days
= 5,100,000 + 555,000
= $5,655,000
b. Interest on freed up cash:
= 5,655,000 * 7%
= $395,850
c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.
Answer: Boris has achieved the level of middle manager.
There are three levels of management in an organization - the top level management, middle management and low level management.
The top level of management consists of executives who are responsible for taking strategic decisions and formulating plans.
The middle level of management consists of executives who are responsible for communicating these objectives to the workers and actually implement the plans.
The low level of management consists of workers who actually perform the tasks given to them by the middle management.
Middle managers act as a link between the top and low levels of management. They are responsible for implementing the strategies finalized by the firm and for their subordinates.