Production possibilities curves are useful to businesses because they

Many managers describe performance appraisal as the responsibility that they like least. Why is this so? What could be done to i

rusak2 [61]

Answer:

Performance appraisal is by its very nature subjective. To improve the situation, as much as it is possible, objectivity should be allowed to rule all appraisal processes.

Explanation:

Performance appraisal is the formal evaluation of employees by their managers for the purpose of aligning employees' performance to the achievement of corporate objectives. To achieve goal congruence between employees who have different objectives for their work and the organization which wants to achieve profit and other corporate goals, performance appraisals are carried out periodically. However, the process has been marred by manager's bias, incompetence, and other problems.

4 0

3 years ago

Strategy decisions pertaining to product features, packaging, product line assortment, and branding will be most affected by whi

Paladinen [302]

Answer:

Letter C is correct. <u>Behavioral needs and attitudes of consumers. </u>

Explanation:

Strategic decisions regarding product characteristics will be more affected by the behavioral needs and attitudes of the target market.

A product or service exists to satisfy the needs and desires of the consumer and for which he is willing to pay for the added benefits. Therefore, when implementing a product-oriented strategy, it is necessary for the organization to conduct research on consumer trends and the market in which it is inserted, so that the characteristics of the product are developed focusing on the functional and emotional benefits that the consumer want.

When a company plans to develop a product for a specific market, it is necessary for the company to understand five levels:

1. Central benefit: Corresponds to the main utility of the product, related to the consumer's primary need.

2. Additional benefits : These are the other functions of the product, in addition to the central function.

3. Expected product: These are the basic conditions expected of the product, such as quality and proper functioning.

4. Extended product: Applied to the brand positioning, it corresponds to the level whose product exceeds the customer's expectations.

5. Consumer system: It is the way the user will use the product, obtain, use, adapt and dispose of the product.

6 0

4 years ago

When a monopolist increases the amount of output that it produces and sells, the price of its output?

DedPeter [7]

The price output will go up

3 0

4 years ago

Presented below is information related to Donaldson Corp., for the year 2017. Net sales $1,950,000 Cost of goods sold 1,200,000

babymother [125]

Answer:

$\left[\begin{array}{ccc}$Net Sales&&1950000\\$Cost of Goods sold&&1200000\\$Gross Profit&&750000\\$Operating Expenses:&&\\$selling expenses&&95,000\\$Administrative expenses&&70,000\\$Operating Profit&&585000\\\\$Other Revenues and Gains&&\\$Dividend Revenue&30000&\\$Interest Revenue&20000&50000\\&&635000\\$Other expenses and losses&&\\$Interest expense&45000&\\$goodwill impairment&75000&120000\\Income before Income tax&&515000\\\end{array}\right]$

$\left[\begin{array}{ccc}$Income before Income tax&&515000\\$Income tax&&154500\\$Income from continued operations&&360500\\&&\\$Discountinued&&\\$Gain at disposal&300000&\\$Loss from operations&220000&80000\\$Income tax&&24000\\$Income from Discontinued operations&&56000\\&&\\$Net Income&&416500\\$Outstanding Shares &20,000&\\EPS&&20.825\\\end{array}\right]$

Explanation:

The ommited depreciation expense and prior years change will not impact the current income statemnt these wil go directly against retained earnings as we will in vilation of the accounting principle of mathcing the expenses at the time they occur.

First, we solve for gross profit

Then, for other revnues and expense and the income from continued operations

The discounted operations are listed net of taxes

Then, we solve for the net incoem and EPS which si the quotient between the net income and the earnings per share.

7 0

3 years ago

If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re

iogann1982 [59]

Answer:

true

Explanation:

The equivalent units of production in respect of direct labor for the given scenario shall be determined through the following mentioned equation:

Equivalent units of direct labor=Number of physical units at start of the reporting period*Completion percentage with respect to direct labor

Equivalent units of direct labor=100,000*20%

=20,000 units

So based on the above calculation, the statement is true

6 0

3 years ago