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Lena [83]
3 years ago
9

Dean brings up the ambiguity branch managers at First National Bank face. He believes senior leadership needs to make the manage

rs' most important priorities clear. This thinking most closely resembles which principles?
Business
1 answer:
Setler79 [48]3 years ago
5 0

Answer:

Functional Principles

Explanation:

When it comes to proper organization in businesses, there are several principles that should be adhered to in order to achieve proper functioning. The functional principle indicates that the roles of every person in a department, be it managers or subordinates, must be properly explained to them in order to achieve smooth operations in the business.

When roles and responsibilities are properly explained, each person becomes aware of the expectations from him at every point in time. This in turn allows for efficiency in the discharge of duties. So, when Dean explains that the role of the manager should be properly explained, he is making reference to the functional principle.

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what are some advice you would tell a friend or family member about managing their own money? is the advice that follow yourself
Jobisdone [24]

Answer: I would speak to my friend or family member about the importance of saving.

Explanation:

The conversation would be about how to save since many times people tend to buy and spend on many things and do not think long term. They think that money will always be there and that the bad times will never come. When we think of saving as something fundamental, we are thinking of our future, of having security.

is the advice that follow yourself?

This kind of advice and talk about money is something I apply to myself and have done for many years. I understand the importance of saving and try to be someone who puts what he preaches into practice.

why or why not?

For many years I have thought about the importance of saving. Before he was a person who spent and did not think about the future. Nowadays I put this advice into practice as I know how important it is to have money saved, which can be used for any emergency that arises. Saving money is something for wise people, it helps to have something to lean on. I always carry this financial advice with me, apply it to the measure and try to teach it to the people around me

8 0
3 years ago
Pappy's Toys makes two models of a metal toy—Standard and DeLuxe. Both models are produced on a single machine. The price and co
Natalija [7]

Answer:

See explanations below

Explanation:

a. Contribution margin per hour

Standard

Selling price $40

Variable cost $20

Contribution margin. $20

Hour per unit. 0.5

Contribution margin per hour $10

Deluxe

Selling price $60

Variable cost. $24

Contribution margin $36

Hour per unit. 1.5

Contribution margin per hour $54

Optimum product mix

Standard 90,000 / 0.5 = 180,000 units

Deluxe. 0

Total. 90,000

Pappy should produce 180,000 units of standard and nil of deluxe.

b. Given the contribution margin per hour of $10 for standard and $54 for deluxe, the optimum product mix would be;

Standard 120,000 × 0.5 = 60,000 hours, 120,000 units

Deluxe 30,000 hours , 30,000/1.5= 20,000 units.

Total hours 90,000 hours

Therefore, Pappy should produce 120,000 units of standard and 20,000 units of deluxe.

3 0
4 years ago
Dietterich Electronics wants its shareholders to earn a return of 15​% on their investment in the company. At what price would t
sattari [20]

Answer:

A.) $1.667

B.) $6.667

C.) $11.667

D.) $16.667

Explanation:

GIVEN ;

Rate of return(r) = 15% = 0.15

Calculate what the stock price should be today if:

A.) ​$0.25 constant annual dividend​ forever

Dividend = payment per period

Therefore,

Price = (payment per period ÷ rate)

Price = ($0.25 ÷ 0.15) = $1.667

B.)$1.00 constant annual dividend​ forever

Price = (payment per period ÷rate)

Price = ($1.00 ÷ 0.15) = $6.667

C.)$1.75 constant annual dividend​ forever

Price = (payment per period ÷rate)

Price =($1.75 ÷ 0.15) = $11.667

D.)$2.50 constant annual dividend​ forever

Price = (payment per period ÷rate)

Price = ($2.50 ÷ 0.15) = $16.67

6 0
3 years ago
Read 2 more answers
Mortech Company had net income of $250,000 based on variable costing. Beginning and ending inventories were 50,000 units and 48,
Roman55 [17]

Answer:

Net income under absorption costing would be $ 250,000

Explanation:

Mortech Company

Net Income variable costing  $250,000

Variable Costing                             Absorption Costing

Sales                                                 Sales

Less Variable Costs                         Less Product Costs ( Variable + Fixed)

Contribution Margin                        Gross Profit

Less Fixed Costs                            Less Period Costs ( Variable +fixed)

Net Profit                                           Net Profit

Net income under both the methods remains the same unless there is a difference in fixed costs for certain items.

8 0
4 years ago
Geese Company utilizes the dollar-value LIFO retail inventory method. Its cost-to-retail percentage is 60% based on beginning in
Alinara [238K]

Answer:

$227,272

Explanation:

Ending inventory at base-year retail prices =

Ending inventory at current-year retail prices

÷The current-year price index

Ending inventory at current-year retail prices $250,000

The current-year price index 1.10

Hence:

$250,000÷1.10

=$227,272

6 0
4 years ago
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