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Scilla [17]
2 years ago
13

Name at least 2 challenges and at least 2 opportunities for managers in using Organizational Behavior (OB) concepts?

Business
1 answer:
Svetllana [295]2 years ago
3 0

Answer: Improving Peoples’ Skills

Improving Customer Service

Explanation:

Two challenges and opportunities for managers in using Organizational Behavior (OB) concepts are;

Improving Peoples’ Skills

Improving Customer Service

Improving People's skills would be seen as seeing the people develop in various field and sector where they are performing and an avoidance of this affects the growth of the organization.

Improving the customer service improves the face of the business, once this is catered for, it gives a good reputation about the company.

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Indicate whether each of the following is a final​ good, an intermediate​ good, or neither.
butalik [34]

Answer:

  • 1. Coffee beans purchased by a coffee shop   --  intermediate good.
  • 2. One share of Google stock  --   neither.
  • 3. A new pick-up truck purchased by a consumer   --  final good.
  • 4. A new home purchased by a family  --  final good.

Explanation:

  • An intermediate good is a semi-finished good that is used as the inputs of the production and makes them sell and buy the goods. While the final good is one that is finished in processing and is ready to be consumed and those goods that are present in a stocks firm are not used and neither is been developed are google stocks.
7 0
3 years ago
One item that appears on an insurance company's financial statements is a liability that represents an estimate of the claims re
Bess [88]
<span>This liability is called the insurer's "loss reserve".</span>

Loss reserve<span> is a gauge of an insurer's liability from future cases. <span>Loss reserves</span> most often contain liquid resources, and they enable the insurer to cover claims made against strategies that it endorses. Assessing liabilities can be a difficult task. Insurers need to regulate loss reserve estimations as the situation change.</span>

8 0
3 years ago
You want a seat on the board of directors of Four Keys, Inc. The company has 265,000 shares of stock outstanding and the stock s
Mila [183]

Answer:

44,167.67 shares

Explanation:

Given that

Number of shares of stock outstanding = 265,000

Sale value per share of stock = $76

Number of seat for election = 5

So by considering the above information, the number of shares needed by using the cumulative voting is

= {shares outstanding ÷ (number of seats + 1) + 1}

= {(265,000 shares ÷ (5 +1) +1}

= 44,167.67 shares

5 0
3 years ago
The set of activities that relate to the creation of goods and services through the transformation of inputs to outputs is refer
Aleks [24]

Answer: A. Operations management

Explanation:

Operations management are the activities that has to do with the creation of goods and services by transforming them from inputs to outputs.

Marketing are the activities used by a company to promote the sale of a product or service. Finance has to do with management of money and getting of funds.

3 0
3 years ago
Assuming that the MR Corporation has an inventory of 200 defective motors costing $450,000 to produce and $150,000 to repair, if
ella [17]

<u>Answer: </u>True

<u>Explanation:</u>

Here for calculation of the profit or loss the cost of production cannot be used for comparison as they are the sunk cost it cannot be used for taking sale or rework decision. It is given the proceeds from the sale of inventory would be $425,000 and the cost of rework will be $150,000.

Net proceeds from sale of units = 425000 - 150000

=$275,000

It is clear that these profits are lower than the sale of these units without repair. Sale proceeds without repair is $325,000. So MR corporation can make decision to sell the units without repair for better benefits.

6 0
3 years ago
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