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3 years ago

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The types of management skills

1 answer:

navik [9.2K]3 years ago

8 0

Answer:

Technical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal SkillsTechnical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal SkillsTechnical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal SkillsTechnical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal SkillsTechnical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal SkillsTechnical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal SkillsTechnical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal SkillsTechnical Skills Technical skills involve skills that give the managers the ability and the knowledge to use a variety of techniques to achieve their objectives. ...

Conceptual Skills These involve the skills managers present in terms of the knowledge and ability for abstract thinking and formulating ideas. ...

Human or Interpersonal Skills:

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The December 31, 2018, inventory of Tog Company, based on a physical count, was determined to be $470,000. Included in that coun

Anna [14]

Answer:

$600,000; $40,000 (understated); Reduced by $40,000; Reduced by $40,000.

Explanation:

Given that,

Physical count = $470,000

Cost of shipment of goods received = $70,000

Another supplier shipment costing = $30,000

Merchandise cost = $100,000

Correct December 31, 2018, inventory balance:

= Physical inventory + Merchandise inventory (FOB)

= $470,000 + ($30,000 + $100,000)

= $470,000 + $130,000

= $600,000

Change in cost of goods sold:

= Change in net purchase(Understated) + Change in ending inventories

= [$70,000 + $100,000] + (-$130,000)

= $170,000 - $130,000

= $40,000 (Understated)

Net income reduced by $40,000 and also, the retained earnings reduced by $40,000.

3 0

3 years ago

Advantages and disadvantages of price optimization system

ladessa [460]

Answer:

Explanation:

The price system and I assume you mean the free price system, is very important in an economy. There are advantages and disadvantages to it.

In a free price system, the forces of supply and demand determine prices. The most efficient use of resources is when supply matches demand. Supply and demand are equal when the market determines the price at which a number of goods supplied equals a number of goods demanded. The price system also allows us to buy many products. Manufacturers are willing to make products when they can make money. When supply equals demand, businesses are maximizing the profit potential at the given price level.

One disadvantage of the price system is that for certain products, the costs of setting up the industry are so high, there is only one seller of the product. In cases like these, such as with the electric and the natural gas companies, or with the water companies, without government regulation, prices could be very expensive since they are the only provider of the product. In these cases, the government needs to regulate these industries because the price system would lead to very high prices for water, electricity, and natural gas. Since the setup costs for these industries are so high, there is no competition for these companies. This could cause consumers to make some very difficult choices if the prices are regulated by the government.

8 0

3 years ago

The quantity demanded x for a product is inversely proportional to the cube of the price p for p > 1. When the price is $10 p

Delvig [45]

Answer:

$6.00

Explanation:

Given data

quantity demanded ( x ) ∝ 1 / p^3 for p > 1

when p = $10/unit , x = 64

initial cost = $140, cost per unit = $4

<u>Determine the price that will yield a maximum profit </u>

x = k/p^3 ----- ( 1 ). when x = 64 , p = $10 , k = constant

64 = k/10^3

k = 64 * ( 10^3 )

= 64000

back to equation 1

x = 64000 / p^3

∴ p = 40 / ∛x

next calculate the value of revenue generated

Revenue(Rx) = P(price ) * x ( quantity )

= 40 / ∛x * x = 40 x^2/3

next calculate Total cost of product

C(x) = 140 + 4x

Maximum Profit generated = R(x) - C(x) = 0

= 40x^2/3 - 140 + 4x = 0

= 40(2/3) x^(2/3 -1) - 0 - 4 = 0

∴ ∛x = 20/3 ∴ x = (20/3 ) ^3 = 296

profit is maximum at x(quantity demanded ) = 296 units

hence the price that will yield a maximum profit

P = 40 / ∛x

= ( 40 / (20/3) ) = $6

4 0

3 years ago

What are the 3 main factors that affect the labor market

Fynjy0 [20]

<span><span>Economy- Macroeconomic conditions affect labor supply and demand. Job losses during a recession mean less disposable income for consumers and less demand for cars.</span>
<span>Globalization-Globalization involves the import of foreign automobiles and relocation of manufacturing facilities overseas. This has led to a steady decline in U.S. automobile-sector employment.</span>
<span>Compensation- Compensation includes wages and benefits. According to an April 2011 U.S. Bureau of Labor Statistics report, there has been upward pressure on wages and downward pressure on benefits.</span>
</span>

6 0

3 years ago

Suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do the sight

Virty [35]

Most of the times when a personnel is sent for an official business trip, transportation and lodging, and sometimes even meals are shouldered by the company.

In the statement given above, it is noted that the meals that Melissa took are considered personal in nature. Hence, she can deduct this from the business expenses.

8 0

3 years ago