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SSSSS [86.1K]
3 years ago
8

The text defines management as "The art of getting things done through the efforts of other people." Put yourself in the shoes o

f a manager and explain what this definition means in the context of a company operation. You can use the example of any company (large or small) and any good or service.
Business
1 answer:
Vladimir [108]3 years ago
8 0

Answer: Management comes from the word managing. Managing has to do with handling situations to turn out in a favourable or successful way. In managing situations to turn out well people are being managed, this is to enable the people work towards the goal of the organization

Explanation:

Management comes from the word managing. Managing has to do with handling situations to turn out in a favourable or successful way. In managing situations to turn out well people are being managed, this is to enable the people work towards the goal of the organization. In order words, managers work with people, managers cannot work alone, they must have people they oversee to drive the goal of the organization. An example isa production firm, the workers may not know how they have improved the products and how well they should unless they are told by the manager. The manager controls the situation and bridges the gap between the product or service offered and the customers.

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C. Take minimal precautions
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Which of the following functions is most closely connected with the CPSC?
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Read 2 more answers
1. A new furnace for your small factory will cost $27,000 to install and will require ongoing maintenance expenditures of $1,500
Marina CMI [18]

Answer:

payback 3.29 years

NPV 87,158.55

Explanation:

PO 27,000

<u>Cash flow saving Y1 </u>

2400 x 3.5 = 8,400

expenditures (1,500)

net savings   6,900

<u>Cash flow saving Y2 </u>

The price will increase 0.5

6,900 + 2,400 x 0.5 = 8,100

<u>Cash flow saving Y3 to Y20</u>

The price will increase 0.5

8,100 + 2,400 x 0.5 = 9,300

We have an annuity of 18 years for 9,300 cash

And then we have a cash flow of 6,900

and another of 8,100

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C = 9,300

r = 8%

time = 18

9,300 \times \frac{1-(1+0.08)^{-18} }{0.08} = PV\\

PV =  87,158.55

Now this values are years into the future, so we need to bring them to present day.

\frac{Principal}{(1 + rate)^{time} } = PV

year 1 principal 6,900

6,900/1.08 = 6,388.89

year 2 principal 8,100

\frac{8,100}{(1 + 0.08)^{2} } = PV

PV= 5,915.64

year 3 annuity 87,158.55

\frac{87,158.55}{(1 + 0.08)^{3} } = PV

PV= 69,189.27

cash flow - investment = net present value

69,189.27 + 5,915.64 + 6,388.89 - 27,000 = 54,493.8

The payback will be the time perdion when the project recovers it initial cost:

we first add the income from the irregular years and subtract from the investment

6,900 + 8,100 = 15,000

27,000 - 15,000 = 12,000

then we use the general formula investment/cash flow per year

12,000/9,300 = 1.29

the project need the first two years and then 1.29 years

2 + 1.29 = 3.29 years

6 0
4 years ago
______ are special incentives or excitement-building programs that encourage consumers to purchase a particular product, often u
Anastaziya [24]

Answer:

I think it is d if not then d haha

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3 years ago
On January 1, Concord Corporation issued $4300000, 9% bonds for $3995000. The market rate of interest for these bonds is 10%. In
Serga [27]

Answer:

The correct option is D,$292,500

Explanation:

The unamortized bond discount is the balance of the bond discount left at the end of first year when that year portion of bond discount has been amortized.

In order to ascertain the balance of the unamortized bond discount,we prepare the bond schedule showing how much was amortized in the year as follows:

Bal b/f                 interest expense at10%   coupon payment 9%           Bal c/f

$3,995,000         $399,500                         $387,000                     $4,007,500

The amortized interest is the difference between the interest expense based on the cash proceeds and the coupon payment calculated on the face value of $4.3 million

amortized discount=$399,500-$387,000=$12,500

Total bond discount=$4,300,000-$3,995,000=$305,000

unamortized discount=$305,000-$12,500=$292,500

                           

3 0
3 years ago
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