<h2>Analytical skill allow a manager to be able to make a problem apart and determine where the snag is.</h2>
Explanation:
Decision making:
Though it looks like closely matches, this skill enable people to take decision on various choices by analyzing its pros and cons. So this option goes invalid for the given situation.
Analytical:
This is the right choice. Analytical ability allows the person to analyze the problem, find the root cause and suggest possible solution.
Conceptual & Technical skill: These both are related to Technical aspect. But the given situation is based on the soft skill aspect.
Answer:
C.
Explanation:
As a current liability. Are obligations of the company that are expected to get paid whitin the period of one year and include liabilities such as Accounts payable, short term loans, bank overdraft, interest payable and the other liabilities of the company that are current.
Answer: Strategic Human Resource Development(SHRD) can be defined as a systematic process of developing the skills and competencies of people through talent development, leadership development, employee development, performance and training development.
Strategic Human Resource Development is basically how human resource development is applied and aligned to achieve the organizational goals and objectives.
One of the important components of SHRD is training, selection and development.
Employees need to be imparted with adequate training to develop their skills and be motivated enough with right kind of incentives and compensation system so as to boost their efficiency, retain their services and to ensure that their activities are in alignment with organizational goals and strategies.
Answer:
Explanation:
Lerner Index = -1 / Elasticity of demand = (P - MC) / P
(1) Canada:
- 1 / Ec = (21.4 - 1.20) / 21.4
- 1 / Ec = 20.2 / 21.4
- 1 / Ec = 0.9344
Ec = -1 / 0.9344
Ec = - 1.059
(2) Japan:
Lerner Index = -1 / Elasticity of demand = (P - MC) / P
- 1 / Ej = (32 - 1.2) / 32
- 1 / Ej = 30.8 / 32
- 1 / Ej = 0.9625
Ej = -1 / 0.9625
Ej = - 1.039
Answer:
The forecast for September using exponential smoothing with alpha = 0.4 is 62.
Explanation:
Forecasting Formula
Forecasting the next point is determined using the forecasting formula is the basic equation
S(t+1)=αy(t)+(1−α)S(t), 0<α≤1,t>0.
α = alpha =0.4
New forecast S(t+1) is previous forecast S(t) plus an error adjustment. This can be written as:
S(t+1)=S(t)+αϵ(t),
where ϵ(t) is the forecast error (actual - forecast) for period t.
In other words, the new forecast is the old one plus an adjustment for the error that occurred in the last forecast.
New forecast for August S(t+1) = 0.4×60 + (1-0.4)×70
= 66
New forecast for September S(t+1) =0.4×56 + (1-0.4)×66
=62
