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mihalych1998 [28]
3 years ago
15

When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relat

ions and employee happiness, he is refuting ideas championed by:_______
a. The human relations approach to management.
b. The systems approach to management.
c. Henri Fayol's administrative management.
d. Max Weber's bureaucratic management.
Business
1 answer:
lbvjy [14]3 years ago
8 0

Answer:

When Andy Forsummer, the owner of Barcelona Restaurants Group, rejects management philosophies that stress employee social relations and employee happiness, he is refuting ideas championed by <u>Henri Fayol's administrative management.</u>

Henri Fayol's administrative management usually looks at the clear decision of labor, work ethics, employee and organizational culture and spirit. It stresses upon how employee social relations and employee happiness is crucial to the success of an organization.

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The aggregate quantity of goods and services demanded changes as the price level rises because
makvit [3.9K]

Answer:

a.

Explanation:

The aggregate quantity of goods and services demanded changes as the price level rises because real wealth falls causing interest rates to rise, and this in term causes the dollar to appreciate since the interest rates are for products and services within the country and not foreign goods or services. Which as the dollar appreciates it means that foreign goods and services will become cheaper or that their relative price will fall.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Redwood Corporation is considering two alternative investment proposals with the following​ data: Proposal X Proposal Y Investme
Nady [450]

Answer:

6.1%

Explanation:

As per given data

                                                             Proposal X     Proposal Y

Investment                                           ​$900,000      ​$488,000

Useful life                                             ​9 years           9 years

Annual net cash inflows for 9 years ​  $130,000       ​$84,000

Residual value  ​                                   ​ $42,000        $0

Depreciation method                          Straight-line   Straight-line

Required rate of return ​                       15%                 ​12%

Accounting rate of return is the ratio of average net income of a project and the average investment made in the project.

Accounting rate of return = Average Net income / Average Investment

As net cash inflows are given we need to deduct the depreciation from the cash flows to arrive at the net income for the period. As all cash flows are constant so, the average value will be equal to the single years value.

Average net income = Net cash inflows - Depreciation = Net cash inflows - ( Cost of Asset - Residual value ) / Useful life of asset = $84,000 - ( $488,000 - $0) / 9 = $84,000 - $54,222 = $29,778

Average Investment  = $488,000

Placing Values in the formula

Accounting rate of return = $29,778 / $488,000 = 6.1%

5 0
3 years ago
The following is market information: Current spot rate of pound = $1.23 90-day forward rate of pound = $1.24 3-month deposit rat
creativ13 [48]

Answer:

$255308.94 is the amount generated after 90 days

Explanation:

Coveered interest arbitrage

Convert dollars to pounds at spot rate

250000/1.23 =£203252.0325

Invest this amount at 1.3% (Britain rate) for 90 days

203252.0325 × 1.013 = £205894.3089

Then convert back to dollars at 90 day forward rate

205894.3089 × 1.24 = $255308.94

3 0
3 years ago
Consider the demand for Russian rublesRussian rubles in exchange for British poundsBritish pounds. Which of the following will n
e-lub [12.9K]

Answer: A. Currency traders who believe that the value of the ruble in the future will be less than its value today.

Explanation:

In the foreign exchange market, currencies are traded at different prices. From the options given in the question, the correct option is option A (Currency traders who believe that the value of the rubleruble in the future will be less than its value today).

When the currency traders believe that the value of the rubel is going to depreciate in the future, they will start selling the rubels and this will lead to a decrease in the demand for it because it will depreciate. Here, the supply will increase but the demand will reduce.

6 0
3 years ago
Susan quits her administrative job, which pays $40,000 a year, to finish her 4-year college degree. Her annual college expenses
USPshnik [31]

Answer:

$51,400

Explanation:

5 0
3 years ago
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