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allsm [11]
3 years ago
10

A central characteristic of management by objectives (MBO) is that: Group of answer choices employees are given complete freedom

to set their own goals as long as they are consistent with guidelines approved by the CEO. it assumes that management must motivate employees, since employees are incapable of motivating themselves. goals are set by top management and followed without question by others within the organization. goals are set through a process involving members of the organization.
Business
1 answer:
Pachacha [2.7K]3 years ago
7 0

Answer:

goals are set through a process involving members of the organization.

Explanation:

Management by objectives (MBO) refers to the management where there is a strategic management model that focuse to improve the organization performance by defining the goals & objectives and the same would be by both management and employees.

so here according to the given options, the last option is correct as it represents the characteristic of the MBO

So the same would be selected

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The current price of xyz stock is $50.00. dividends are expected to grow at 7% indefinitely and the most recent dividend was $1.
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1/50+7 = 9.0 so the answer is 9.0
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George, a chef and owner of a popular restaurant, is always visiting his competition to observe how they are doing things in the
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George is utilizing competitive intelligence. This is a strategy in which the individual made use of gathering, defining and as well as analyzing their customers, competitors or products by means of helping improve his or her own business and to make strategic decisions that would be best for one’s business or company.

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Sunland Corporation had net sales of $2,425,800 and interest revenue of $38,200 during 2020. Expenses for 2020 were cost of good
ladessa [460]

Answer:

Prepare a single-step income statement for the year ended December 31, 2020

Explanation:

SUNLAND CORPORATION  

Inconme statement  

For the year endend December 2020  

 

 

Revenue  

Net Sales               2.425.800  

Interes Revenue             38.200  

Total Revenue        2.464.000  

 

Expenses  

Cost Of goods             1.458.200  

Administrative expenses 212.600  

Selling xpenses                 282.000  

Interes expense                   46.400  

Tax rate                                  139.440  

Expenses                       2.138.640  

 

Net income                           325.360  

 

Shares issued                     70210  

Earning p/share                        4,63  

7 0
3 years ago
Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs variable manufacturing costs o
NARA [144]

Answer :

Break even units = 10,500

Break even amount = $2,100,000

Explanation :

As per the data given in the question,

a) Break even units = Fixed expense ÷ CM per unit b ÷ (a - c)

= ($466,000 + $269,000) ÷ ($200 - $110 - $20)

= 10,500 units

b) Break even amount = b ÷ (a ÷ c)

= ($466,000 + $269,000) ÷ ($70 ÷ $200)

= $2,100,000

Contribution margin ratio = Contribution margin ÷ Selling price per unit × 100

where,

Contribution margin = Selling price per unit - variable expenses per unit

c) CM per unit Break even units = Fixed expense ÷ Cm per unit

= $735,000 ÷ $70

= 10,500 units

Break even dollars = Fixed expense ÷ Contribution margin ratio

= $735,000 ÷ 0.35

= $2,100,000

d) Contribution margin income statement:

Sales = 10,500 × $200 = $2,100,000

Less Variable expenses 10,500 × ($110+$20) = $1,365,000

Contribution margin $735,000

Less Fixed Expense $735,000

Net Operating Income = $0

6 0
3 years ago
Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? Wh
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So they could try to get there money back
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