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Ainat [17]
2 years ago
10

The Management of XYZ Company Limited uses value chain analysis, supply chain management, inventory b)Identify and explain the t

ype of school of management approach being used in the company.(5marks) management, quality control, queuing theory, linear programming and network models approaches in management of the company. The company relies on scientific applications of mathematical techniques to c)Discuss in four (5) ways, how contingency School of Management is different from the type of school manage problems. a)Briefly explain the typesof management theoriesapplicable in XYZ company Limited. (5marks) of management identified in (ii) above.​
Business
1 answer:
wariber [46]2 years ago
4 0

a) The school of management that the Management of XYZ Company Limited is applying is called <em>Mathematical or Quantitative School of Management.</em>

The Mathematical or Quantitative School of Management:

  • Expresses management problems in equations, mathematical symbols, and quantitative models  
  • Encourages wide application of computer technology, simulations, and analytics
  • Introduces precision to management thinking and practice

b) The Contingency School, unlike the Mathematical  School of Management:

  • Recognizes that not all management processes can be expressed with mathematical symbols and formulas.
  • Identifies that mathematical models cannot replace sound judgment, which requires intuition and not equation.
  • States that there is no single technique to solving management problems.
  • Encourages managers to use any feasible management technique to solve problems, thereby thinking outside the box.
  • Emphasizes that the applications of management principles and practices (process, behavioral, quantitative, and systems) should be contingent upon the prevailing circumstances.  

Thus, with Contingency School, the tools of management thinking and practice should be applied based on prevailing situations and not mathematically with equations, models, and symbols.

Learn more about another School of Management Thought here: brainly.com/question/15557968

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For the quarter ended March 31, 2020, Croix Company accumulates the following sales data for its newest guitar, The Edge: $321,6
jeyben [28]

Answer:

$13,800

Explanation:

Static budget report for the second quarter and for the year to date

PRODUCT LINE: BUDGET; ACTUAL; DIFFERENCE; REMARK

Guitar:The Edge 380,800 394,600

13,800 favorable

Production line = Guitar:The Edge

Budget =$380,800

Actual=394,600

Difference = 13,800

Remark : Favorable

8 0
3 years ago
Which of the following is NOT a factor in preparing to be the best professional possible?
bija089 [108]

Answer:

a) signing the most lucrative contract you can upon graduation

Explanation:

A best professional should be deal with a person who earned from their professional activity. It is always be in benefit of a public interest and the society at a whole

Here in the given situation, the option B, C and D denotes the best professional but option A is not a factor as you cant get the lucrative contract when you are on graduation level

Therefore the same is to be considered

5 0
2 years ago
Bolton Tire Manufacturing and the union came to an impasse during negotiation of the collective bargaining agreement. Specifical
Maslowich

Answer:

The correct answer is the option A: the employees have engaged in an unfair labor practice strike.

Explanation:

To begin with, due to the fact that the union was already establishing the area for the negotiation and they might have planeed obviously to keep trying to increase the situation in their favour then the action taken by the employees was a bit hurry and was obvious that was not thought very well with calm minds and therefore that they engaged in an unfair labor practice strike because they had to be patience and wait for the union to improve the situation for them, because their are the representatives and if the company sees that the workers do not obey to the representatives then the union will lose negotiation power and the situation will get worse for them.

4 0
3 years ago
When multinational enterprises enter host countries such as Saudi Arabia and Japan, the most logical option is usually to pursue
goldfiish [28.3K]

Answer:

True

Explanation:

When multinational enterprises enter the host countries they usually prefer pursuing multidomestic strategy  even though such a strategy rarely leads to reduced costs then too the multinational enterprises opts for such a strategy.

A multidomestic strategy is one in which the multinational companies adopts marketing approach rather than a universal or global approach. under such a strategy the multinationals studies deep about the individual market as well as the customers and prefers catering to the needs of the customers. Even though such a strategy leads to higher costs or may be no reduced costs as it has to appoint experts for the deep market and customer choice study .

4 0
2 years ago
Which of the following statements regarding C corporation is false?
Vedmedyk [2.9K]

These are the choices I found on the internet:

A. C corporations are generally not subject to corporate income tax.

B. C corporations are separate entities for tax purposes.

C. Shareholders of a C corporation have limited liability.

D. Shareholders of a C corporation are taxed only when the corporation distributes earnings and profits.


The false one would be letter A - C corporations are generally not subject to corporate income tax. C corporations are subject to tax and may be taxed at a tax rate from 15 to 38 percent.

7 0
3 years ago
Read 2 more answers
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