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3 years ago

Describe the basic control process and various methods that managers can use to maintain control in the organization

1 answer:

6 0

Answer: Manager is a lead member in the organization who looks into matters of production of goods and services and working of superior members of the organization.

Explanation:

Various methods of control process in the organization are:

1. Output control: Measurable results of the output generated by the superior members of the organization assign to a particular work. Encouraging employees to give maximum output in short time.

2. Behavioral control: Controlling the action and activities of the superior members of the organization by encouraging them, promoting, supporting them, and organizing fun activities for them.

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If a cheese factory was interested in estimating the market potential for a new light cheese and estimated the potential by mult

marysya [2.9K]

Answer:

True

Explanation:

Generally, a chain-ratio method is a method of estimating the total amount of money to be spent on a particular business in order to achieve marketing targets. Based on the forecast of the factory and the decision to venture into the production of a new cheese product, the chain-ratio method is the best method for the estimation.

7 0

4 years ago

You are considering investing $1,000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 5% a

astra-53 [7]

Answer:

amount to be investment in risky portfolio = $405

amount invest in security x = $243

amount invested in security Y = $162

Explanation:

given data

investing = $1,000

Treasury bills = 5%

optimal weights of X = 60 %

optimal weights of Y = 40 %

expected rate of return x = 14%

expected rate of return y = 10%

solution

we know that

weight return return from risky port

X 60 % 14 % 8.4 %

Y 40 % 10 % 4%

total 12.4 %

so here

return from risky portfolio is = 12.4 %

and

return from risk free investment = 5 %

so 'we consider here investment in risky portfolio = x

so investment in risk free = 1 - x

so we can say that

12.4 % × x + 5 % × (1-x) = 8 %

solve we get

x = 0.405

so investment in risky portfolio = 0.405

so investment in risk free =0.595

and

amount to be investment in risky portfolio = $1000 × 0.405

amount to be investment in risky portfolio = $405

and

amount invest in security x = $405 × 60%

amount invest in security x = $243

and

amount invested in security Y = $405 × 60%

amount invested in security Y = $162

4 0

3 years ago

What most likely will happen if the pie maker bakes a seventh pie?

Korvikt [17]

Answer:

The marginal cost will most likely increase to $2.00

4 0

3 years ago

Read 2 more answers

The four Ps make up the marketing mix, which is the __________ set of decisions or activities that the firm uses to respond to t

Alexeev081 [22]

Answer:

clear and effective strategy comprising

Explanation:

The four Ps make up the marketing mix ,which are product, price, promotion, and place. These four components help determine a clear and effective strategy to bring a product to market. Each element is crucial in its own right and needs to be given due focus .

The product is either a tangible good or an intangible service that is seem to meet a specific customer need or demand. All products follow a logical product life cycle and it is vital for marketers to understand and plan for the various stages and their unique challenges .

Price covers the actual amount the end user is expected to pay for a product. How a product is priced will directly affect how it sells. This is linked to what the perceived value of the product is to the customer rather than an objective costing of the product on offer. If a product is priced higher or lower than its perceived value, then it will not sell. This is why it is imperative to understand how a customer sees what you are selling.

The marketing communication strategies and techniques all fall under the promotion heading. These may include advertising, sales promotions, special offers and public relations.

The place or placement deals with how the product will be provided to the customer. Distribution is a key element of placement. The placement strategy will help assess what channel is the most suited to a product.

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3 years ago

One advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers do not produce a cyclical

Novay_Z [31]

The best answer for this statement would be:

are not subject to the timing problems of discretionary fiscal policy

<span>There is a fact that automatic stabilizers increase the chance of depleting the budget deficits, even in times of recessions. While discretionary fiscal policy is more of identifying the lags to enact the change in fiscal policy.</span>

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3 years ago