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Verizon [17]
2 years ago
12

For each example presented below, identify the managerial skill being illustrated.

Business
1 answer:
olga2289 [7]2 years ago
4 0

Question Completion with Options:

1. Interactional Fairness

2. Distributive Fairness

3. Procedural Fairness

4. Trust

Answer:

1. Managerial skills being illustrated in each of the examples presented:

a. Trust

b. Interactional fairness

c. Distributive fairness

2. 1. First impression bias

Explanation:

Trust: Here, Charles showed a lack of trust in one of his colleagues who was a gossip.

Interactional fairness: The quality of time spent interacting with another person can improve perceptions and relationships.

Distributive fairness: This involves a comparison of outcome with the cost incurred to earn the benefit.

Procedural fairness requires fairness in decision-making without bias.

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Suppose the economy is producing at the natural rate of output. An increase in consumer and business confidence will cause _____
Leokris [45]

Answer:

d) no change; a decrease

Explanation:

The Real GDP (gross domestic product) is a macroeconomic term which is the measurement of the value of services and goods produced by economy in a certain or specific time period compared to normal GDP.  The influencer elements of Real GDP are very miscellaneous due to long run and short run periods. Then, the determinants which impact on the long run growth of an economy are:

1) Growth of productivity that means the ratio of economic outputs to inputs

2)Demographic changed that means the change of quantity or quality of employment, age structure and etc.

3)Labor Force participation which means that which amount participation there is in labor activities.

As seen above, the consumer and business confidence will not have any positive or negative effect on the real GDP.

Inflation is one of the most important macroeconomic indicator that intends the rate how the purchase power of the money is falling  by the rising on the price levels of goods and services. In long run, the most influencing element for inflation is the rate of money supply but if we consider business and consumer confidence are the positive things for the developing of GDP, then they will have a little bit decrease effect on inflation.

8 0
3 years ago
Competitive advantage __________. Question 2 options: information collected from multiple sources, such as suppliers, customers,
Alekssandra [29.7K]

Answer:

is a feature of a product or service on which customer places a greater value than they do on similar offerings from competitors.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.

5 0
2 years ago
The useful life of a new plant asset _____. is the same as the asset's total productive life. might not exceed one year. might b
gulaghasi [49]

Answer:

The correct answer is letter "C": might be estimated based on the experience of others or on engineering studies and judgment if the company does not have past experience with a similar asset.

Explanation:

A company's assets represent the<em> cash, patents, accounts receivable, equipment, plants, </em>and <em>land</em>, among others, useful for the firm to generate profit. When it comes to plant assets, they are considered fixed assets for cost accounting purposes and are nothing but the <em>land, buildings and machinery</em> useful for manufacturing.

<em>Calculating the useful life of a plant asset can be complicated and may require engineering studies. However, if the expertise of an employee is good enough to determine it the firm must take advantage of this strength but if there is nobody with this capability the institution should look for someone who does moreover when it does not have experience computing the useful life of such assets.</em>

8 0
2 years ago
Maria, a citizen and resident of Mexico, received the following investment income during 2018: $1,000 of dividend income from ow
dmitriy555 [2]

Answer: $6,000

Explanation:

Maria is a citizen and resident of Mexico so the only way the U.S. can tax Maria is by taxing income that is in U.S. jurisdiction before it comes to Maria.

This will include the dividend from ownership of stock in a U.S. Corporation, the interest from a U.S. company issued bond and rental income from a property located in the U.S.

The U.S. will be unable to tax the capital gain from sale of stock however because the sale might not be conducted in the U.S.

Income subject to U.S. taxation is therefore:

= 1,000 + 2,000 + 3,000

= $6,000

8 0
2 years ago
During which of the following stages of socialization do people first learn about the organization and job?a. Role managementb.
Tems11 [23]

Answer:

Letter b is correct. <u>Encounter.</u>

Explanation:

It is through this stage of socialization that new employees begin to learn about the work tasks they will perform and receive appropriate training.

In this phase, employees' expectations are also related to the whole work environment in general, such as employment, their new teammates and supervisors, in order to confront an expectation generated with the reality of the work.

Therefore socialization is relevant for the new employee to replace their expectations generated by the standards expected by the organization.

7 0
3 years ago
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