Answer:
A. Identifying and defining the problem
Explanation: Before taking any action in a production environment one must be able to identify and define the problem.
Problem identification and defining is first approach to solving problems as it gives a clear picture of what and how the problem is,when it started and the possible threats it pose to the business entity.
When a manager wants to address a problem, he should first identify the problem,carry out steps that will help him or her to define what the problem is,through this he or she can be able to develop possible solutions.
<span>material wealth. Money is very important to Western cultures. Having a big home, fancy car, designer clothes, and private schools are all status quo symbols in Western culture. There is a pervasive need to impress neighbors and family members with material items. Asian cultures don't share in this need for things. They emphasize family. Family is very important to Asian cultures. They are not corrupted by materialism like Western cultures are.</span>
Answer: 7,000 ⇒ would be the Warranty Liability at the end of the year
Explanation:
percent of strikers' goals faulty = 2%
Goals sold = 4000 goals
Goals repaired = 45 goals
Estimated cost for repairing a goal = $200
Thus,
Number of goals to be repaired = 2% of goals are faulty
= 
= 80 goals
∴ Estimated warranty liability = Number of goals to be repaired \times Estimated cost for repairing a goal
= 80 \times 200
= 16,000
Warranty already spent = goals that are already repaired \times Estimated cost for repairing a goal
= 45 \times 200
= 9,000
Hence,
Warranty Liability = Estimated warranty liability - Warranty already spent
= 16000 - 9000
= 7,000 ⇒ would be the Warranty Liability at the end of the year.
Answer:
Follows are the solution to this question:
Explanation:
In option A, Its increase in consumption and GDP is $200.
In option B, Investment decisions increase about $1800, net exports drop by $1800 and therefore GDP should remain constant.
In option C, GDP or investment wasn’t increasing only at present because estimates were produced last year.
In option D, Market growth is $470 million, options trading is rising by $30 million but GDP is growing by $500 million.
GDP is just a misleading indicator, it does not take into account recreation, environmental protection, education and health rates, non-market behaviors, changes in wealth disparity, increases of variety or rises in innovation. HDI's social progress Index could be used to highlight a need for people or their ability to assess national growth as the supreme requirement.
Answer:
Continuing performance discussions.
Explanation:
Management by objectives in an organization can be described as the set of strategic actions that will help the company to achieve its objectives and goals.
This management means that management must adopt a system of control and planning where all the constituent members of the organization will work together to define the objectives of the company and then a system of individual goals will be adopted that will consequently assist in achieving the organizational objectives. .
So after implementing a system of guided self-assessment in the organization and reviewing the job description and the main activities that make up the employee's work, the next most appropriate step for Josh would be Discussions on ongoing performance, so that the monitoring and control that will assist in achieving business goals.
