Call employees at any level in the organisation “partners” and reward empowerment in decision making.
Explanation:
The CEO of a company has the leading role in the management of its operations and the resources, which is the main point of contact between the board of directors (the board) and the corporation, as a large corporate decision-making body.
Executives often believe that workers are empowered by just wanting to do so. The executives say to the workers, "You are empowered." "The decisions can be made. I think success occurs as workers are told I are motivated in a broad-based way.
Answer:
2.09
Explanation:
Asset ratio is a business tool used to measure the efficiency of assets towards sales generation by comparing net sales to average total assets.
It is calculated by dividing the net sales by average total assets.
The average total assets is used in order to make allowance for fluctuation in the course of business year
<u>Workings</u>
Net sales = $217550
Opening total asset = $94200
Closing Total assets = $ 113500
Asset ratio turnover = 217550/(94200+113500)/2
=2.09
The correct answer is D) There are problems with security and privacy.
The main disadvantage of moving to e-money LOADING... or moving to a cashless society is "There are problems with security and privacy."
Technology has brought many advantages to the way people do business, facilitating transactions, bank payments, deposits, and many more functions. However, it also has risks and disadvantages. The most important risk that has already affected thousands of people is the security and privacy of data.
There have been cases such as the clients of Target supermarket that suffered from stolen information and hackers used their credit cards to make purchases. Private concerns of data uploaded on social media sites such as Faceb*ok have been used to other purposes and the President of this company had to testify members of the US Congress.
Answer: $22637.98
Explanation:
Based on the information given in the question, the equivalent annual cost of the tool will be calculated as:
We first calculate the present value which will be:
= 10000 + 20000/(1+.10) + 20000/(1+.10)^2 + 20000/(1+.10)^3 + 20000/(1+.10)^4 + 20000/(1+.10)^5
= $85815.74
The the equivalent annual cost will be:
= Present Value/PVIFA(10%,5)
= 85815.74/3.7908
= $22637.98
Answer:
62.70%
Explanation:
The markup value is found by calculating the gross profit and dividing it by its price. The retail price for the Rent-a-Furniture Center is $799 and the selling is $25 per week.
There are 52 weeks in a year, therefore, with this payment plan of $25/week, the total amount in one year is (52* 25) = $1300. Gross profit is (1300- 799) = $501. The markup value is (501/799) = 62.7033%
