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ELEN [110]
3 years ago
6

According to scott, the coo of barcelona restaurant group, employees are given the opportunity and freedom to achieve organizati

onal goals through a variety of different approaches, tasks, and decisions, based on the situation. this is most consistent with the:
Business
1 answer:
rusak2 [61]3 years ago
8 0

Complete Question:

According to Scott, the COO of Barcelona Restaurant Group, employees are given the opportunity and freedom to achieve organizational goals through a variety of different approaches, tasks, and decisions, based on the situation. This is most consistent with the:

Group of answer choices

A. Systems approach to management.

B. Behavioral perspective of management.

C. Classical perspective of management.

D. Contingency approach to management.

Answer:

D. Contingency approach to management.

Explanation:

According to scott, the coo of barcelona restaurant group, employees are given the opportunity and freedom to achieve organizational goals through a variety of different approaches, tasks, and decisions. Based on the situation, this is most consistent with the contingency approach to management.

A contingency approach to management is based on the theory or premise that, there are no universal or single management theories. Thus, management theories should not be dependent on one single approach and as such the most effective management theory depends on the situation, kind of problems that the various organizations or managers are facing at a specific period of time and place.

<em>Hence, in the contingency approach to management; the effectiveness of management is based on the situation and the management behaviors that is most appropriate. </em>

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In a labor market comprising many firms hiring many workers with identical skills, which of the following is correct?
serg [7]

Answer:

Individual firms and workers are wage takers because they cannot exert any control over the market wage rate.

Explanation:

Remember, a labor market shows the availability of employment and labor, in terms of their supply and demand.

This scenario occurs in a purely competitive labor market.

In this market there many qualified workers with identical skills; meaning the workers share similar skills while the demand for such skills is high because of their importance to firms.

4 0
4 years ago
Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:2 (desk unit:chair). The selling prices
Doss [256]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the selling price per composite unit:</u>

<u></u>

selling price per composite unit= 1,280*0.6 + 530*0.4

selling price per composite unit= $980

<u>Now, the unitary variable cost per composite unit:</u>

Variable cost per composite unit= 780*0.6 + 280*0.4

Variable cost per composite unit= $580

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per composite unit

Break-even point in units= 150,000 / (980 - 580)

Break-even point in units= 375

<u>Finally, the number of units per product:</u>

Desks= 375*0.6= 225

Chairs= 375*0.4= 150

4 0
3 years ago
Jerry is an adjuster and has signed a contract with ABC Insurance to adjust claims in an area recently devastated by a hurricane
const2013 [10]

The authority that Jerry has which allows him to complete inspections and settle claims is called an Express authority.

<h3>What is express authority?</h3>

This is a kind of authority that an agent has that is clearly spelled out in writing or given orally.

Jerry has a contract with ABC Insurance that writes what he is allowed to so which means that his powers are expressly given.

Find out more on express authority at brainly.com/question/15008947.

#SPJ12

3 0
2 years ago
The manager of the manufacturing unit of a company is responsible for the costs of the manufacturing unit. The president is in t
trasher [3.6K]

Answer:

AC Problems : Incurred even at 0 output level, much varying & deviant from cash flows

VC Problems : Doesn't include fixed cost, incomplete expenditure, incomplete financial (accounting) statements.

Explanation:

Average Cost is the cost per unit off output.

Problems with AC as a performance measure :

  • It includes all (fixed & variable cost) average. So, including fixed cost, it is not zero even at zero output level.
  • It's variance analysis during production & cost phases is very complicated.
  • It's result are deviant as evident from cash flows.

Variable Cost is the cost incurred on variable factors of production.

Problems with VC as a performance measure :

  • It doesn't include fixed cost. So, it is not a correct measure of complete total expenditure.
  • Fixed costs are huge. No financial inclusion of them makes accounting information unreliable (for legal purposes)
6 0
3 years ago
Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. his insurance cost is expected t
Karo-lina-s [1.5K]

Economic profit refers to the profit earned by deducting the implicit cost and the explicit cost from the total revenue.

Economic Profit = Total revenue - (Explicit cost + Impllicit Cost)

where Total Revenue = $100,000

Explicit Cost = $2000 + ($25000*10%) = $4500

Implicit Cost = $70000 + $10000 = $80000

Economic Profit = $100,000 - ($4,500 + $80,000)

Economic Profit = $100,000 - $84,500

Economic Profit = $15,500

Hence, Sid's Economic Profit is equal to $15,500

4 0
3 years ago
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