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Crank
3 years ago
15

Josh is an HR Manager at RoxCom LLC. He is responsible for conducting performance appraisals for all entry-level employees in hi

s organization. He implements a guided self-appraisal system using management by objectives (MBO). As part of the process, he reviews the job description and the key activities that constitute each employee's job. What is most likely to be Josh's next step?
Business
1 answer:
Brilliant_brown [7]3 years ago
3 0

Answer:

Development of perfomance standards.

Explanation:

Based on the information in the question above, Josh's next step would likely be to develop the performance standards to be implemented in the guided self-assessment system using management by objectives.

The MBO is a management strategy used in organizations so that there is continuous improvement in processes and organizational performance in the internal and external environment, so in a self-assessment system guided by the MBO it is necessary to develop performance standards so that there is a parameter of the sought-after ideal of employee performance, so that self-assessment is guided by such standards. In this type of strategic management, it is necessary to share the objectives throughout the organization, so that they are clear, precise and shared as part of the organizational culture.

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MC Qu. 11-62 The following data are taken from the stockholders'... The following data are taken from the stockholders' equity s
Nesterboy [21]

Answer:

On average the firm issued shares at $15 dollars each

Explanation:

the treasury stock are purchased at the market price which is not the same as the issuance price thus, we ignore it.

the company issued 33,600 shares with par value of $10

from which it has $168,000 additional paid-in

In total: 33,600 x $10 = 336,000

                                <u>   +  168,000  </u>

Total paid-in                   504,000

504,000 / 33,600 = <em>$15</em>

7 0
4 years ago
Photon Technologies, Inc., a manufacturer of batteries for mobile phones, signed a contract with a large electronics manufacture
777dan777 [17]

Answer:

Check the explanation

Explanation:

a) Linear program model:

Decision variables: Let

P1 = Number of PT-100 products produced at Philippines plant

P2 = Number of PT-200 products produced at Philippines plant

P1 = Number of PT-300 products produced at Philippines plant

M1 = Number of PT-100 products produced at Mexico plant

M2 = Number of PT-200 products produced at Mexico plant

M3 = Number of PT-300 products produced at Mexico plant

Objective: Min (0.95+0.15)P1 + (0.98+0.15)P2 + (1.34+0.15)P3 + (0.98+0.08)M1 + (1.06+0.08)M2 + (1.15+0.08)M3

or,

Min 1.10P1 + 1.13P2 + 1.49P3 + 1.06M1 + 1.14M2 + 1.23M3

s.t.

P1 + M1 ≥ 200,000

P2 + M2 ≥ 100,000

P3 + M3 ≥ 150,000

P1 + P2 ≤ 175,000

M1 + M2 ≤ 160,000

P3 ≤ 75,000

M3 ≤ 100,000

P1, P2, P3, M1, M2, M3 ≥ 0

(b) Solution of the linear program using Excel Solver can be seen in the first attached image below.

Formula: H2 =SUMPRODUCT(B2:G2,$B$11:$G$11)   copy to H2:H9

Optimal Solution:

Decision Variable              Value

P1                                     40000

P2                                     100000

P3                                     50000

M1                                     160000

M2                                     0

M3                                     100000

Total production and shipping cost = $ 524,100

Sensitivity report can be seen in the second attached image below.

Referring to above sensitivity analysis,

(c) Allowable decrease in objective coefficient of P1 is 0.04 therefore production and/or shipping cost per unit has to decrease by $ 0.04 to produce additional units of PT-100 in Philippines plant.

(d) Allowable decrease in objective coefficient of M2 is 0.05 therefore production and/or shipping cost per unit have to be decreased by $ 0.05 to produce additional units of PT-200 in Mexico plant.

4 0
3 years ago
Read 2 more answers
You are the manager of a supermarket, and you know that the income elasticity of peanut butter is exactly -0.7. Due to the econo
padilas [110]

Answer:

The purchase should stay the same or even increase its number.

Explanation:

To begin with, due to the fact that the income elasticity of peanut butter is exactly -0,7 then that good is inferior and because of that when the income drops by 15 percent next year then the consumer will still be buying the product but in a more frequent  way due to the fact that if the income decreases then the demand of that product that tend to be inferior will be available for everyone. That is why, as a manager you should continue to buy peanut butter.

6 0
3 years ago
Tiger Trade has the following cash transactions for the period.
insens350 [35]

Answer:

<u>Cash flow from operating activities </u>

<u>Cash inflows</u>

Cash received from sale of products to customer   $35,000  

Cash received from sale of services to customer    $25,000  

<u>Cash outflows: </u>

Cash paid to merchandise suppliers                         ($11,000)  

Cash paid to workers                                                  ($23,000)

Cash paid for advertisement                                      <u>($3,000)</u>

Net cash flow from operating activities                                        $23,000

<u>Cash flow from investing activities</u>

Cash paid to purchase factory equipment    ($45,000)

Cash received from sale of warehouse          <u>$12,000</u>

Net cash flow from investing activities                                         ($33,000)

<u>Cash flow from financing activities</u>

Dividend paid                                                 ($5000)  

Cash received from bank loan                       $40,000  

Net cashflow from financing activities                                          <u>$35,000</u>

Net cash increase                                                                           $25,000

Cash at the beginning of the year                                                 <u>$4,000</u>

Cash at the end of the year                                                          <u>$29,000</u>

7 0
3 years ago
Knox operates an electronics store as sole proprietor. On April 5, Knox was involuntarily petitioned into bankruptcy under the l
Xelga [282]

Answer:

$800

Explanation:

Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:

  • trustee will receive $15,000
  • lawyers will receive $10,000
  • Dart will receive $20,000
  • <u>Noll will receive $5,000    </u>
  • total $50,000

After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.

6 0
4 years ago
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