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yarga [219]
3 years ago
7

Prestige Pegasus is a multinational firm that specializes in the manufacturing of hardware for high-end technical products and s

ells its products mostly through business-to-business interactions. Following a good year with soaring profit-margins, Prestige Pegasus is planning to conduct an internal assessment throughout the organization. In a meeting following the decision to conduct the internal assessment, Douglas McCarthy (the Chief Operations Officer) and Tom Castleback (the Chief Marketing Officer) are the prime contributors on the methods that the organization should use to perform these assessments.Douglas: "We should encourage 360-degree feedback, mostly concentrating on subordinates, as they would be the right people to judge their superiors."Tom: "We should definitely use 360-degree feedback, mostly from external customers, as they are the ones who matter in the end."Which of the following, if true, would most strengthen Tom's argument?
a.The salespeople of the company travel extensively and are expected to work independently without supervision.
b.The salespeople of the company do not have any flexibility in the selling price of the product.
c.The company targets a niche market segment with a limited customer base.
d.Previous surveys have revealed that customers are more satisfied with the company's services than the actual products
Business
1 answer:
gregori [183]3 years ago
3 0

Answer:

The correct Choice here is A)

Explanation:

360-degree feedback is a performance evaluation/management technique that provides each worker the opportunity to receive feedback about their performance from senior colleagues and four to eight peers, reporting staff members, co-workers, and customers.    

If it is true that the salespeople of the company travel extensively and are expected to <em><u>work independently</u></em> <em><u>without supervision</u></em>, then <u>it is important to see from the customers eyes what happens when the Sales People go out.</u>

This information will provide information with respect to what the Sales people are doing right and what they aren't getting done.

Armed with these information, Prestige Pergasus can in the next financial year work it's way into even more profits IF following from the feedback they:

  1. reinforce, expand on and reward what is working;
  2. quickly eliminate any loop holes discovered from the feedback by communicating insights to all staff and readjusting performance metrics / system to reward or punish deviation new policies which may have been thought through and stablished in 1 above.

Cheers!

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A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third yea
Montano1993 [528]

Answer:

$880.31

Explanation:

For computing the new price of the bond we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Assuming Future value = $1,000

Rate of interest = 8.6%  ÷ 2 = 4.3%

NPER = 8 years  × 2 =

PMT = $1,000 × 6.5% ÷ 2  = $32.5

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $880.31

5 0
3 years ago
Compare a property rights system in which people are allowed to keep one-third of the monetary rewards of their labor with a sys
Veseljchak [2.6K]

Answer:

latter, latter

Explanation:

Property rights system determine how economic resources are used and owned by individuals, associations, collectives, or governments.

It also includes intellectual property such as inventions or ideas.

Such rights reduce destructive competition for control of economic resources. and replace this competition by peaceful means.

In a system where people are allowed to keep one-third of the monetary rewards of their labor with a system in which they keep two-thirds, we should expect more entrepreneurship under the <u>latter</u> system and faster real economic growth under the <u>latter</u> system.

8 0
3 years ago
If revenue is less than operating expenses, the business would have a _____ cash flow. break-even negative
Aneli [31]

The correct answer is negative cash flow.

When a company has a situation where their revenue is less than their operating expenses they have a negative cash flow. This is normally indicative that a company is not doing well and may need to make changes in order to become profitable.

3 0
3 years ago
Read 2 more answers
Production and Purchases Budgets At the beginning of October, Comfy Cushions had 2,600 cushions and 15,500 pounds of raw materia
Wewaii [24]

Answer:

<u>Production budget for October and November</u>

                                                                October            November

                                                                 cushions             cushions

Budgeted Sales                                         13,000                15,000

Add Budgeted Closing Inventory              3,000                  3,600

Total Production needed                          16,000                18,600

Less Budgeted Opening Inventory          (2,600)                (3,000)

Production Budget                                    13,400                15,600

Explanation:

A Production Budget shows the quantities of finished goods that must be produced to meet <em>expected sales</em> <u>plus</u> any <em>increase in inventory</em> levels that might be required.

8 0
3 years ago
Consider a specific example of the special-interest effect. In 2012, it was estimated that the total value of all corn-productio
Molodets [167]

Answer:

A) $10 per person

B) $15000000

C) $30000000

D) $15000000

Explanation:

A) Cost of corn subsidies per person in the United States in 2012 = 3 billion/300 million = 3000000000/300000000 = $10 per person

B) We are told that 10 percent of 300 million population are those willing to provide funding. Thus;

Number of people providing funding = 10% × 300 million = 30,000,000

Each of these 30,000,000 people are willing to only provide $0.50.

Thus;

total funding raised for their lobbying efforts = $0.50 × 30,000,000

total funding raised for their lobbying efforts = $15000000

C) We are told that the recipients of corn subsidies donated just 1% of the total amount which they received via subsidies. Thus;

Amount raise to support lobbying efforts to continue the corn subsidy =

1% × $3 billion = $30000000

D). the difference between which the amount raised by the recipients of the corn subsidy exceeds that of the amount raised by the opponents of the corn subsidy = $30000000 - $15000000 = $15000000

4 0
3 years ago
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