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Ierofanga [76]
3 years ago
13

Interwest receives government funding and that funding is tied to the accuracy of the reports put out by its information system.

The CFO, Singh, is concerned about whether the employees are properly incentivized to input the data accurately. So she enlists the help of the CEO, Manzoni, to plan a retreat in which she highlighted the importance of proper data entry to the 10 hospital administrators that are in charge of running the hospitals. Six months later the data accuracy problems are as bad as they ever were. Manzoni needs help, what do you recommend? 1. What are the potential sources of the problems? 2. What information would you want to analyze? 3. What actions might you recommend to increase the accuracy of data entry? 4. How does your view of behavior affect how you might address this consulting assignment?
Business
1 answer:
Alexandra [31]3 years ago
8 0

Answer:

1. Data entry officers might be having trouble putting data in the system

2. Analyze the environment where data entry officers are seated to observe the amount of distraction or any other factors for example light glare.

3. Arrange the seat of the data entry officer at a place where there are no distractions and the data is visible enough to be entered in the system.

4. An autocratic manager would remove the data entry officer instead of finding out the ground reason for the inaccuracy of data entered.

Explanation:

1. Data entry officers might be having trouble putting data in the system

2. Analyze the environment where data entry officers are seated to observe the amount of distraction or any other factors for example light glare.

3. Arrange the seat of the data entry officer at a place where there are no distractions and the data is visible enough to be entered in the system.

4. An autocratic manager would remove the data entry officer instead of finding out the ground reason for the inaccuracy of data entered.

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7. Another example of opportunity cost is a company's cost of capital. Suppose a manufacturer wants to add
vredina [299]

Answer:

You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.

Explanation:

alternative 1, build and sell microwave ovens:

initial outlay = $500,000

net cash flow per year = $225,000 - $200,000 = $25,000

alternative 2, invest in US securities:

investment = $500,000

net cash flow per year = $500,000 x 10% = $50,000

Opportunity costs are the benefits lost or extra costs resulting from choosing one activity or investment over another.

If you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000 = -$25,000.

Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000 = $25,000.

6 0
3 years ago
Which one of the following statements regarding taping is most accurate?
antoniya [11.8K]
The answer to your question, Which one of the following statements regarding taping is most accurate? , would be <span>B. Tape should extend at least halfway down the sides of a container. This is in order to keep it safe from anyone and that you can easily find it.</span>
5 0
3 years ago
Read 2 more answers
NextStep Global is a consultation firm that specializes in preparing businesses for international negotiations. What action is N
JulsSmile [24]

Answer:

Ensure a senior executive is present at business negotiations

Explanation:

The action action NextStep Global is likely to suggest in order to ensure influence at the headquarters is that a senior executive is made available at round-table negotiation discussion at the headquarters so as to bring the desired influence.

The rationale for this is that the set of people whose work station is the headquarters are senior people,hence would not be disposed with having discussions with just a mere employee who cannot be said to represent the company.

3 0
3 years ago
While in the planning stage, what would a project manager create through the use of software?
Trava [24]

an evaluation of the project

7 0
3 years ago
Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted.
zhuklara [117]

Answer:

1.

Jansen Company

Departmental Income Statement—Ski Department

For Year Ended 2019

Sales  610,000

Less : Cost of goods sold  435,000

Gross profit  <u>175,000 </u>

Less; Expenses  

Salaries  113,000

Utilities  15,600

Depreciation  54,400

Office expenses  29,600 <u>212,600</u>

Operating loss  <u>$37,600</u>

<u></u>

2.

Jansen Company

Departmental Income Statement—Ski Department

For Year Ended 2019

Sales  610,000

Less : Cost of goods sold  435,000

Gross profit  <u>175,000 </u>

Less; Direct Expenses  

Salaries  88,000 (113,000 - 25,000)

Utilities  9,900 (15,600 - 5,700)

Depreciation  37,000 (54,400 - 17,400)

Total Direct Expenses <u>134,900</u>

Contribution to overhead <u>$40,100</u>

They should not eliminate the Ski Department because it would contribute $40,100 to overhead.

<u></u>

4 0
4 years ago
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