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emmainna [20.7K]
3 years ago
10

How might an interactive leader like Mary Barra communicate a policy change that impacts all GM employees from executive-level m

anagers to assembly line workers? Check all that apply. Create a new company vision statement reflecting the policy change and post it on the company’s internal employee web site Create task forces at different levels of the organization that communicate the benefits of the policy change Hold a series of town hall meetings to discuss the policy change and listen to employee concerns Hold informal meetings with key managers, department heads, and staff employees to discuss the policy change to develop best practices for communicating the change to other employees
Business
1 answer:
Andrej [43]3 years ago
7 0

Answer:

b. Create task forces at different levels of the organization that communicate the benefits of the policy change

c. Hold a series of town hall meetings to discuss the policy change and listen to employee concerns

d. Hold informal meetings with key managers, department heads, and staff employees to discuss the policy change to develop best practices for communicating the change to other employees

Explanation:

An Interactive leader is a leader who seeks the opinion of his or her followers regarding issues in order to achieve a desired goal.

Mary Barra can communicate a policy change that impacts all GM employees from executive-level managers to assembly line workers by creating task forces at different levels of the organization that communicate the benefits of the policy change. This will help in passing the message across to the workers effectively and quicker.

Holding a series of town hall meetings to discuss the policy change and listen to employee concerns is also vital as the purpose of the policy change can be discussed and the opinions of other with regards to the change can be known.

Lastly, holding of informal meetings with managers, department heads, and staff employees is also essential so that the information can be passed across to the employees in each department and the workers all work towards achieving a common goal.

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Evaluate a. "If banks increase their excess reserves, the monetary base will increase. If the monetary base increases, the money
marshall27 [118]

Answer: a is false and b. is false.

Explanation: a is false because if the banks increase their excess reserves, they will have less money to lend, then the supply of money will decrease.

B is false because in the United States, the Federal Reserve policy is the most important deciding factor in the money supply.

5 0
4 years ago
Pippen Co. recorded operating data for its shoe division for the year. The company's desired return is 5%.
Alexeev081 [22]

Answer:

Option (a) is correct.

Explanation:

Given that,

Sales = $1,000,000

Contribution margin = 200,000

Total direct fixed costs = 120,000

Average total operating assets = 400,000

Controllable margin for the year:

= Contribution margin - Controllable fixed cost

= $200,000  - $120,000

= $80,000

Therefore, the controllable margin for the year is $80,000.

8 0
4 years ago
Information on a prospective investment for Wells Financial Services is given below. Period 1 2 3 4 Loan Funds Available 3000 70
Harman [31]

Answer:

Let Lt = Loan in period t , t= 1...4

It = Investment in period t, t= 1...4

These are the decision variables

The objective is to maximize the net income which is the difference between Loan and investment in period 4

Investment income in period 4 = 110% of I4 = 1.1I4

Expense and loan in period 4 = 1.085 L4

So,

Maximize Z =  1.1I4-1.085 L4

Constraints

L1<= 3000

I1<= 4500

L1-I1= 100( Payroll payment)

L2<= 7000

I2<= 8000

L2+1.1I1-1.085L1-I2=120

L3<=4000

I3<= 6000

L3+1.12I2-1.085L2-I3=150

L4<=5000

I4<=7500

L4+1.13*I3-1.085L3-I4=100

1.10I4-1.085L4>=0

Lt, It>=0

Putting this in excel sheet,

See remaining part in pictures attached.

Explanation:

See pictures attached.

7 0
3 years ago
Presented below is information related to Windsor Inc. WINDSOR INC. BALANCE SHEET DECEMBER 31, 2020 Cash $45,100 Notes payable (
pogonyaev

Answer:

A. Current Ratio 3.66 times

B. Inventory turnover 4.47 times

C. Accounts receivable turnover 14.57 times

D. Earnings per share $7.72

E.Profit margin ratio 28.56%

F.Return on assets 81.82%

Explanation:

A. Computation for Current Ratio

Using this formula

Current Ratio=Total Current Assets/Total Current Liabilities

Where,

Total Current Assets

Cash $45,100

Receivables $96,200

Inventory $169,300

Prepaid Insurance $8,100

Total Current Assets $318,700

Total Current Liabilities

Notes payable (short-term) $50,300

Accounts Payable $31,700

Accrued liabilities $5,100

Total Current Liabilities $87,100

Let plug in the formula

Current Ratio=$318,700/$87,100

Current Ratio=3.66 times

Therefore Current Ratio is 3.66 times

B.Calculation to determine Inventory turnover

Using this formula

Inventory turnover=Cost of Goods Sold/Average Inventory

Where,

Cost of Goods Sold $830,100

Average Inventory =[($201,900 + $169,300)/2] Average Inventory= $185,600

Let plug in the formula

Inventory turnover=$830,100/$185,600

Inventory turnover = 4.47 times

Therefore Inventory turnover is 4.47 times

C. Calculation to determine the Accounts receivable turnover

Using this formula

Accounts receivable turnover=Net credit sales .

/Ending Receivables

Let plug in the formula

Accounts receivable turnover=$1,401,400/$96,200

Accounts receivable turnover = 14.57 times

Therefore Accounts receivable turnover =is 14.57 times

D. Calculation to determine Earnings per share:

Using this formula

Earnings per share=Earnings available to the common shareholders/Weighted average number of common shares

Where,

Earnings available to the common shareholders =

Net Income $400,200

Less: Preferred dividends $0

$400,200

Weighted average number of common shares = ($259,100/$5) 51,820

Let plug in the formula

Earnings per share =$400,200/51,820

Earnings per share = $7.72

Therefore Earnings per share is $7.72

E. Calculation to determine Profit margin ratio:

Net Income (a) $400,200

Net credit sales (b) $1,401,400

Profit margin ratio (a/b*100) 28.56%

Therefore Profit margin ratio is 28.56%

F. Calculation to determine Return on assets on December 31, 2020:

Net Income (a) $400,200

Total assets (b) $489,100

Return on assets (a/b*100) 81.82%

Therefore Return on assets is 81.82%

8 0
3 years ago
Which of the following is an analytical tool used in six-sigma quality improvement programs? A. LeadershipB. Pareto ChartsC. Man
ira [324]

Answer: Pareto charts

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    Six sigma is a tool used by management to identify and remove the defects from a process thus making it more effective.

Hence, from the above we can conclude that right answer to this problem is Pareto charts.

7 0
3 years ago
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