Answer: Procedures
Explanation:
From the given case/scenario, we can state that the standing plan can be referred to as <em>procedures</em>. A procedure is referred to as a document or act that is written in order to support a policy. It is mostly designed in order to describe where,who, what, when, and why through means of building corporate accountability in inclination to implementation of the policy.
Answer:
Projects A,B,C,D and E should be accepted
Explanation:
Based on the fact that each of the itemized projects has the same of level of risk as the company's existing assets, we suggest that the firm undertake those projects that gives a return rate which is above the current weighted average cost of capital of 10.5%
In essence,projects A,B,C,D and E should be accepted as they 12%,11.5%,11.2%,11% and 10.7% returns on investment respectively.
Projects F& G would be rejected on the premise that their rates of return are lower than what is currently obtainable in Midwest Water Works.
Answer:
A. the integration of all the functional areas of the business to achieve its organizational objectives
Explanation:
Strategic management is the process of setting goals for an organisation, analyzing its competitive environment and internal environment, and evaluating strategies that will ensure that the organisation achieve its goals. It covers all the functional areas such as the micro and macro environment of the business.
Answer:
Total= $19.56
Explanation:
Giving the following information:
The basic direct labor rate is $12.00 per hour. Payroll taxes are 13% of the basic direct labor rate, while fringe benefits such as vacation and health care insurance, are $6.00 per hour.
<u>The direct labor standard rate per hour is calculated using the direct labor rate, the taxes and fringe benefits.</u>
Standard direct labor rate:
Direct labor rate= 12
Payroll taxes= (12*0.13)= 1.56
Fringe benefits= 6
Total= $19.56
