What is brain drain?

Defining the organizational mission forces managers to identify ________.

quester [9]

To identify what the organization is in business to do.

5 0

4 years ago

The following information pertains to Flaxman Manufacturing Company for March 2018. Assume actual overhead equaled applied overh

Brilliant_brown [7]

Answer:

Gross Margin 84,000

Explanation:

<em><u>Flaxman Manufacturing Company </u></em>

Income Statement for March 2018

Sales revenues 380,000

March 1 Inventory balance Raw materials $ 100,000

Add Raw Materials Purchased $ 120,000

Less March 31 Inventory balance Raw materials $ 60,000

Raw Materials Used 160,000

Costs of direct labor 100,000

Costs of manufacturing overhead 63,000

Total Manufacturing Costs 323,000

Add Work in process 120,000

Cost Of Goods Available for Manufacturing 443,000

Less Ending Work in process 145,000

Cost of Goods Manufactured 298,000

Add Finished goods 78,000

Cost of Goods Available for Sale 376,000

Less Ending Finished goods 80,000

Cost of Goods Sold 296,000

Gross Margin 84,000

By subtracting Cost of Good Sold from Sales Revenue we get Gross Margin.

The cost of goods sold is calculated as shown above.

4 0

4 years ago

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst perfo

timurjin [86]

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".

<h3>What is forced ranking?</h3>

The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.

The problem with forced ranking are-

This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.
Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.

The forced rankings beneficial from an employee perspective, here are reasons-

This system teaches a manager how to assess employees objectively with the right management training.
When the management system needs to be improved or formalised, forced rankings are advantageous.
An essential component of business is analysing trends and developments.

To know more about example of forced ranking, here

brainly.com/question/6626507

#SPJ4

6 0

2 years ago

What activity is designed to generate a listing of potential clients?

Sidana [21]

Prospecting is an activity that is designed to help a real estate broker generate more listings. This can be a time consuming endeavor, but well worth it in the end for brokers. One of the ways to start prospecting is to make cold calls. Before making any cold calls, and have a script ready for each call. This is one of the most effective prospecting methods. Always stick to a schedule and set aside time each day for prospecting. Other prospecting idea's are to update all of your social media accounts, ask for referrals, start a door hanging campaign, and use the website Zillow to find more leads. You can also offer an information session for first time buyers in your area, this will help to meet new people. Always reach out to expired real estate listings and see if they are interested inputting their home back on the market. Many real estate brokers will also sponsor a children's sport team, and at each game introduce yourself to the parents. It also crucial to keep in touch with all of your past clients, this helps build trust. You can send out holiday cards to members of the community to make people know that you do. Prospecting isn't for everyone, but it is the best activity in real estate to generate new leads.

6 0

3 years ago

The lengths of service of all the executives employed by Standard Chemicals are:

Lilit [14]

Solution :

a). There are total 5 executives. Therefore the possible sample size of 2 is

$^nC_r=\frac{n!}{r!(n-r)!}$