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3 years ago

Supervisor: "I need you to work on your team retention."

Business

1 answer:

GaryK [48]3 years ago

3 0

Answer: OK, I will work on keeping my employees longer.

Explanation:

Retention in business refers to keeping things longer and it is usually used in terms of employees. When therefore concepts like Team and Employee retention are said, they are referring to keeping employees and team members in a company for longer.

Team retention reduces the cost of labor because it means that less money will be spent on getting new employees and having to train them afresh every time. More seasoned employees also know how the business works and so will make fewer mistakes.

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Explain why the concept of an organization as an iceberg is important.

xxMikexx [17]

Answer:An organizational iceberg can sink a business if the leaders don't take the time to find out what's beneath the surface of their culture. But once you recognize the issues at the different levels of the organizational iceberg, you can appropriately address them and keep your business in safe waters.

Explanation:IM SMART

6 0

3 years ago

John Walker, the Chief Executive Officer of Consolidated Industries, had a tough decision to make. He had to decide which of fou

Afina-wow [57]

Answer:

A) Diffusion of responsibility; escalation of commitment.

Explanation:

Diffusion of responsibility relates to the concept of psychology in which the individual tends to create the responsibility of some different person, because the group size is to large and then the individual thinks not to take the responsibility.

Escalation of commitments relates to the fact that an individual continues with all the previous decisions and do not alter his actions, in consideration to the current circumstances.

In the given instance, John Walker the CEO never met any of the employees of third-world nation, and therefore, he continues his decision, that this plant shall be closed as he once again do not study all the plants, but believes illogically that the close of this plant will be beneficial to company.

8 0

3 years ago

The kenosha company has three product lines of beer mugslong dasha, b, and clong dashwith contribution margins of $ 5, $ 4,

Tema [17]

Answer:

break even point in units:

a = 11,700
b = 46,800
c = 35,100

Explanation:

beer mugs contribution margin expected sales

a $5 25,000

b $4 100,000

c $3 50,000

fixed costs = $351,000

if the sales proportion remains the same, we can assume a bundle of products = 1a + 4b + 3c (1 for every 25,000 units) whose contribution margin = $5 + $16 + $9 = $30

break even point = fixed costs / bundle's contribution margin = $351,000 / $30 = 11,700 bundles

break even point in units:

a = 11,700

b = 11,700 x 4 = 46,800

c = 11,700 x 3 = 35,100

3 0

3 years ago

Sonia creates tests for judging product safety and advises companies about how to reduce harm from use or misuse of the product.

NISA [10]

Answer:

D) Product safety Engineer

Explanation:

8 0

3 years ago

Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,070 2 1,300 3 1,520 4 2,2

Leni [432]

Answer:

Total FV= $6,765.82

Explanation:

Giving the following information:

Year Cash Flow 1 $ 1,070 2 1,300 3 1,520 4 2,260

Discount rate= 8%

<u>To calculate the total future value, we need to use the following formula on each cash flow:</u>

FV= Cf*(1 + i)^n

FV1= 1,070*(1.08^3)= 1,347.9

FV2= 1,300*(1.08^2)= 1,516.32

FV3= 1,520*1.08= 1,641.6

FV4= 2,260

Total FV= $6,765.82

5 0

3 years ago