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Rzqust [24]
3 years ago
6

With so many workers habituated to using mobile devices for so much of their work, should company management develop apps for in

fluencing subordinates? Explain your reasoning.
Business
1 answer:
aalyn [17]3 years ago
3 0

Answer:

This is not a yes or no answer.

The action of leadership/management would depend on their assessment of the impact of the habit on the results being delivered by the workers.

The questions to ask are:

  1. Does the use of the mobile phone for their work reduce or increase productivity?
  2. Does what are the advantages? are there disadvantages?
  3. What would developing an app achieve for management?

Explanation:

In trying to influence workers who are already habituated or accustomed to a particular way of doing things, it is best practice to study the culture and establish what its advantages are. This can then be compared to its demerits. If the demerits clearly and consistently present risks that make of no relevance the advantages, the leader(s) must move to correct such a risk.

So assuming that using mobile phones makes ICT risks (such as loss of company data, loss of company data, risk of unauthorised access etc) even more pronounced, whether or not the app is the best solution will depend on the total cost of that solution to the company weighed against other options.

Other options could simply be

- looking for an already existing app

- banning the using of mobile phone for office work using etc

- re-establishing the use of laptops as the preferred work tool

In any of the above scenarios, the leadership will succeed in influencing its workers positively if it:

  • plays its part well as a cultural shift role model
  • becomes an arbiter of the policies modifying changes affecting work style
  • encourages the new workstyle by rewarding those that embrace it openly
  • manage change by ensuring that there is a training platform that helps ease the transition into the new work style.

Cheers

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Rasek [7]

Answer:

The correct option is C

Explanation:

As Jim want to bought a car but needed for a couple of period and also he has to commute to work but will not be used for many miles. Therefore, the correct option would be to lease a car because leasing will provide the person all the benefits which he want from that particular asset, as it grant the the party right to its exclusive possession for a particular period under stated conditions, in return for periodic rental.

3 0
3 years ago
Explain how you will use each of the five P's of the marketing mix to achieve
bulgar [2K]

Answer & Explanation:

To determine the brand image goal, it is essential to identify the targeted market, segments first - who the brand serves and then conduct the market research to understand the demand, the tastes and preferences of the targeted customers.

Based on these information, we can use marketing mix to achieve the goal.

Product

If the brand has already chosen the sector to operate it, it should base on the market taste and demand to determine things related to the product, including: the functions, packaging, appearance, added value for customers, quality, and other supported services (such as warranty). These are information that customers usually consider when they make a purchasing decision. So that the brand should clarify the information about features of products, add benefits that the users can earn from the products.

Price

When determining the pricing strategy, the brand does not only consider the product price but also discounts policy, credit terms, etc. These would base on the position of the brand in the marketplace (in low price, premium or low-medium, etc. and providing high, low or medium quality products, etc.). This bases on the products the brand offers after considering the consumption habit, power of the targeted segments.

Place

Brand has to identify where the products are seen, distributed and purchased so as to approach the largest amount of potential customers. In the place strategy, the prioritized goal is to assure the products are accessible to the targeted customers. (For example, the brand can provide their products at convenient stores if this is the more preferred shopping places of targeted customers.)

Promotion

This refers to the activities to make the brand known more and attract more buyers, including types of advertisement, sponsorship, etc. There are two most common ways of promotion is promote directly the users or promote the distributors (the wholesalers) to import and sell the products of your brand.

People

The people strategy involves in the image of people participated in the brand such as staff, salesperson, other employees. This affects mainly the customer services - which would have considerable impact on the perception of customers about the brand. The people strategy can base on the image they want to target, for example to be basic, friendly or to make the customers feel the vibe of luxurious brand.

3 0
3 years ago
Today, you invest a lump sum amount in an equity fund that provides an 8% annual return. You would like to have $11,700 in 6 yea
V125BC [204]

Answer:

$7,372.99

Explanation:

Discounting is the method used to determine the present worth of a future amount which compounding is used to determine the future worth of a present amount. The relationship between both is such that;

Fv = Pv(1 + r)^n

where

Fv = future amount

Pv = present amount

r = interest rate and

n = time

The future amount = $11,700

time = 6 years

rate = 8%

$11,700 = Pv(1 + 0.08)^6

Pv = $11,700(1 + 0.08)^-6

Pv = $7,372.99

You need to deposit $7,372.99 today to reach your $11,700 goal in 6 years.

8 0
4 years ago
Although many factors affect the value of real property, what is the primary driver in determining the value of real property?
garri49 [273]

Answer:

Supply and Demand

Explanation:

Although there are many factors which are given below:

1. Location of the real property

2. Supply and demand

3. The rate of interest

4. Population size

5. Market trends of property, etc

But the primary driver is supply and demand because if the demand of the property rise than the supply, the price of real property is rising whereas if the supply of the property is rise than the demand, the price of real property is declining

5 0
3 years ago
. You are an investment manager who is currently managing assets worth $6 billion. You believe that active management of your fu
anastassius [24]

Answer:

B. $6,000,000

Explanation:

Since in the question, it is given that the fund generates additional one-tenth of 1% of portfolio return

In mathematically,  

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= 0.10 × 0.01 × $6,000,000,000

= $6,000,000

Here one-tenth is 0.10 and 1% is 0.01. We simply multiply the value of the asset to the given percentage

7 0
3 years ago
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