How can a business deal with employees who have lack of focus and future goals ?

Analyze the benefits and the problems posed by the four approaches to the implementation of resource management policies: contro

Mars2501 [29]

Answer:

Explanation: The implementation of resource management policies can be achieved through the following: control theory, machine learning, utility-based, and market-oriented method.

1. Control theory:

Benefit- it can analyse linear and non linear systems, single or multiple systems.

Problem- It is complex and requires multiple computations

2. Machine learning Theory:

Benefit- It does not sole depend on extracting information and it gives room for improvements. It performs routine and non routine tasks

Problem- It requires a complex to understand and need trained professional to operate it.

3. Utility-based method:

Benefit - It gives urgency to tasks, it gives users better satisfaction.

Problem- the tasks needs to be carried out continuously

4. Market-oriented method:

Benefit - it gives room to know and understand the market, it leads to an increased organisational performance.

Problem- requires a professional.

8 0

3 years ago

Which of these statements is true?

DIA [1.3K]

C it’s a good chance

5 0

3 years ago

Read 2 more answers

Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contr

True [87]

Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

Fixed costs= $45,000

Number of units= 20,000

Unitary contribution margin= $8

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= decrease in fixed costs - decrease in contribution margin

Effect on income= 45,000 - 20,000*8

Effect on income= $115,000 decrease

4 0

3 years ago

What are some of the primary reasons a company decides to expand internationally? Identify a company in the news that has recent

nignag [31]

Answer:

Primary reasons a company would decide to expand internationally are as follows:

Expanding markets and increasing sales are one of the primary reasons.
Companies get globalized in order to become a market leader.
The company may choose to enter into international market in order to diversify a company's product line.
Markets and investments would be protected by companies once they enter into international market and get engaged in an international business.
Controlling the expenses is again one of the most important reasons. Company would buy the resources to gain cost advantage.
For example, the company which is located in Canada gets most of their resources from China; the company would look forward to get situated near China.
Another reason would be, to get protected from their competitors or to gain advantage over them; the company would decide to expand internationally.

The three motivational factors that induce a company to go global are as follows:

Economies of Scale — The advantage that a company gain through mass production to achieve the lowest possible production cost per unit.
Economies of scope — The advantage that a firm gains by producing different varieties of products and services and at different regions.
Low-Cost Production Factors — It is an opportunity to purchase the resources at the lower possible cost.

Jaguar Land Rover decided to manufacture cars outside the UK for the first time. In recent years, it has rapidly expanded in its home UK and the company is planning to go to Brazil and implement the strategies that they had implemented in India.

Jaguar Land Rover moves to other countries to gain the opportunity of producing at a lower price and to gain economies of scale.

3 0

3 years ago

The Eastern District of Adelson Inc. is organized as a cost center. The budget for the Eastern District of Adelson Inc. for the

irinina [24]

Answer:

Eastern District: Adelson Inc.

Budget Performance Report

For the Year Ended December 31, XX

Actual Static Variance

<u>results budget </u>

Sales salaries $818,880 $819,840 -$960

System adm. salaries $447,720 $448,152 -$432

Customer service salaries $183,120 $152,600 $30,520

Billing salaries $98,100 $98,760 -$660

Maintenance $273,000 $271,104 $1,896

Depreciation of P & E $92,232 $92,232 $0

Insurance and prop. taxes $41,400 $41,280 $120

Total $1,954,452 $1,923,968 $30,484

Explanation:

A budget performance report shows how the actual costs and/or revenues perform according to the planned budget. A negative sign on the variance column shows a favorable variance (lower costs or higher revenues), while a positive sign shows an unfavorable variance (higher costs or lower revenues).

3 0

3 years ago

How can a business deal with employees who have lack of focus and future goals ?​

How can a business deal with employees who have lack of focus and future goals ?