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Pie
3 years ago
5

Integrating management theories (Lead)

Business
1 answer:
pantera1 [17]3 years ago
8 0

Answer:

Identifying each Management Strategy with a Management Theory:

Management Strategies:                               Management Strategy

1. You measure sales over time and          4. Contingency Theory

realize that the months of July, August,

and September are particularly slow.

As a result, you ask two of your sales

clerks if they would be willing to work

part-time during those months.                    

2. You make sure that when you hire new  3. Management Science

people, you get input from each of the

existing team members. If they are happy

with the new hire, they are more likely to

make that person part of the team, and

the team will sell more.                                  

3. You notice that when customers have too    2. Humanistic

many choices, they are less likely to make            Management Theory

a decision about what to buy, so you tell all

of your employees to bring out only three

things at one time. In addition, you start to

pay your employees a commission for

every item that they sell.            

4. A customer survey shows that the men who    1. Classical Management

come into the store would prefer to be left alone    Theory

while they shop, but the women who come into

the store want to be asked if they need assistance.

You tell your employees to leave men alone  

and ask women if they want help.

Explanation:

Management Theories:

1. Classical Management Theory concentrates on specialization of labor, centralized leadership and decision-making, and profit maximization.

2. Humanistic Management Theory is a people-based management that seeks profits for human ends and not for the sake of profit as an end in itself.

3. Management Science concentrates on  problem solving and decision making in human organizations.

4. Contingency Theory is a situational management practice without set rules, but depends on the prevailing moment.

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Answer:

a) $10,000

b) $12

c) The grower has a loss at the shutdown price

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Explanation:

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4 years ago
the catalog you receive from a large apparel store, displaying its new summer collection, is an example of marketing.
Lunna [17]

The catalog you receive from a large apparel store, displaying their new summer collection, is an example of <u>direct</u> marketing. Thus, option B is correct.

<h3>What is direct marketing?</h3>

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Therefore, option B. <u>direct marketing</u> is the correct blank.

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Your question is incomplete, but most probably your full question was, The catalog you receive from a large apparel store, displaying their new summer collection, is an example of ________ marketing.

A) buzz

B) direct

C) virtual

D) word-of-mouth

E) interactive

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2 years ago
A federal budget deficit occurs when _____ Group of answer choices aggregate supply is greater than aggregate demand. aggregate
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A federal budget deficit occurs when federal government purchases exceed net taxes. Option C is correct.

<h3>What is federal budget?</h3>

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A federal budget deficit occurs when government spending exceeds revenue, which is the money collected from, fees, taxes and investments. Deficits add to the national debt, or debt owed by the federal government.

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3 years ago
On October 1st, a company borrowed $60,000 from Eighth National Bank on a 1-year, 7% note. If the company's fiscal year ends on
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Answer:

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Interest payable $1,050

(7%*60,000*3/12)

(October 1st December 31st=3 months)

8 0
3 years ago
Monty currently has a Visa card from his bank with the following terms: 18% on purchases, 24% on cash advances with a 4% cash ad
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The annual percentage yield on Monty's default or penalty rate equals to 42.58%.

<h3>What is the meaning of APY?</h3>

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Given that the Visa card has an original default or penalty rate of 36%, the annual percentage yield on Monty's default or penalty rate equals to 42.58%.

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