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Veronika [31]
3 years ago
10

Sid works as a sales representative for the Lowalt Company. He is about to meet with his manager to review his progress toward m

eeting the sales objectives they agreed to at the beginning of the year. Sid likes the fact that managers at Lowalt listen to their subordinates' ideas and get everyone involved in setting goals and objectives. Sid's experience suggests that Lowalt is using: (Points : 6) scientific management. management by objectives (MBO). the program evaluation and review technique (PERT). programmed management.
Business
1 answer:
Elenna [48]3 years ago
5 0

Answer:

Management by Objectives (MBO).

Explanation:

According to the statement, managers at Lowalt listen to their subordinates´ ideas, and the latter actively participate in setting goals and objectives. That is the fundamental characteristic of Management by Objectives (MBO), a model that seeks to optimize the performance of a company by adopting a series of objectives agreed by both owners and workers.  Under this approach, employee participation makes the organization function harmoniously as a whole, as its internal interest groups would be aligned under agreed common purposes.

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What is unlikely to ask a real estate agent when interviewing
Shalnov [3]

Answered:who do you work for

Explanation:

5 0
3 years ago
Imagine that you are the marketing manager of a hotel chain that wants to implement a customer reward and loyalty program. You r
Goryan [66]

Answer:

customer relationship management

Explanation:

Customer relationship management (CRM) can be defined as the <u>combination of practices, strategies and technologies that companies use to manage and analyze customer interactions</u> with the goal of improving customer service relationships and assisting in <u>customer retention and driving sales</u>.

The desire to implement a customer reward and loyalty program in Sabre Hospitality Solutions has no other intention and purpose but <u>customer retention and improvement of sales.</u>

Hence, the loyalty implementation program is a customer relationship management strategy.

4 0
3 years ago
At the beginning of the year, TRK started with $15,000 in beginning inventory. Throughout the period, TRK purchased $40,000 wort
serious [3.7K]

Answer:

$47,100

Explanation:

The cost of goods available for sale is the sum of the opening balance and the net purchases during the period.

The net purchases is the difference between the total purchases and the allowances and discounts and returns.

Hence,

Cost of goods available for sale

= $15,000 + $40,000 - $2,000 - $500 - $5,700 + $300

= $47,100

8 0
3 years ago
During 2018, P Company discovered that the ending inventories reported on its financial statements were incorrect by the followi
const2013 [10]

Answer:

D. $30,000 overstated

Explanation:

Understatement of ending Inventory overstate the value of cost of Goods sold and understate the value of Net income and retained earning as well.

Overstatement of ending Inventory understate the value of cost of Goods sold and overstate the value of Net income and retained earning as well.

In 2016 the net income and retained earning was understated by $120,000.

In 2017 the net income and retained earning was overstated by $150,000.

Net Effect of both event in Retained earning at January 1, 2018

$150,000 overstated - $120,000 understated = $30,000 overstated

4 0
3 years ago
Josh has decided to open a restaurant. he has determined that he will need to hire separate people to seat and serve​ customers,
lara [203]
<span>This is known as job specialization. Josh cannot do all of the work himself, so he hires others to perform specific tasks for him. He should hire people with specialized skillsets, so that they will be most suited to the jobs he needs them to perform, such as waiters for serving customers and chefs for preparing dishes.</span>
4 0
3 years ago
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