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3 years ago

What is the role of education to become a manager ?

Business

1 answer:

iragen [17]3 years ago

5 0

Answer:

There are several ways to become a Business Manager, but most organisations require a minimum of a bachelor's degree in business management.

These are usually 3-year courses covering topics such as management theory and practice, budgeting and planning, leadership skills and organisational behaviour.

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Durable Goods are goods that last for at least one month when used regularly.

Greeley [361]

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3 years ago

Read 2 more answers

Many writers have stated that for strategic objectives to be effective, they should be: a. broad - to cover many dimensions of

likoan [24]

Answer:

The answer is option C) Many writers have stated that for strategic objectives to be effective, they should be measurable - to track progress

Explanation:

Many writers have emphasized the need to make SMART strategies.

In other words, there’s a need for specific, measurable, achievable, realistic and timely.

Therefore, developing a prioritization of projects to ensure the high priority ones have the proper resourcing to ensure success requires a high involvement and commitment to track progress.

The high level of involvement of employees ensures that they understand the strategic plan. It increases their level of commitment to ensure the strategy is successfully executed because they understand how their work and the work they’re completing on the project helps the organization to realize some or all of one of their key strategies.

6 0

3 years ago

Advanced Enterprises reports year−end information from 2019 as follows: Sales (160,250 units) $969,000 Cost of goods sold (6

Ilya [14]

Answer:

Cost of goods sold = $576,900

Explanation:

The budgeted cost of goods sold will be the sales volume in 2020 multiplied by cost per unit .

Sales volume in year 2020= (100-10)% × sales figure for 2019

= 90% × 160,250= 144,225

Cost of goods sold per unit = cost of goods sold in 2019/Sales units in 2019

= 641,000/160250=$4

Cost of goods sold = $4× 144,225 = $576,900

Cost of goods sold = $576,900

3 0

3 years ago

Sanjeev enters into a contract offering variable consideration. The contract pays him $1,000/month for six months of continuous

Anna [14]

Answer:

$1,400

Explanation:

The computation of the amount of revenue recognized for the first month is shown below:

= Contract paid amount × number of months + additional amount paid × given percentage + additional amount paid × given percentage

= $1,000 × 6 months + $2,000 × 60% + $3,000 × 40%

= $6,000 + $1,200 + $1,200

= $8,400

Now for one month it is

= $8,400 ÷ 6 months

= $1,400

4 0

3 years ago

Your company is deciding whether to invest in a new machine. The new machine will increase cash flow by $321,000 per year. You b

hammer [34]

Answer:

NPV= $31,824.16

Explanation:

Giving the following information:

Cash flow= $321,000

Initial investmeent= $1,710,000

Residual value= $0

Rate of return= 13%

To calculate the net present value, we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Io= -1,710,000

Cf1= 321,000/1.13= 284,070.80

Cf2= 321,000/1.13^2= 251,390.09

Cf3= 321,000/1.13^3= 222,469.10

And so on...

Cf10= 321,000/1.13^10= 94,562.86

NPV= 1,710,000 + 1,741,824.16= $31,824.16

6 0

3 years ago

What is the role of education to become a manager ?​

What is the role of education to become a manager ?