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3 years ago

What important role does management play in organizations?

Business

1 answer:

QveST [7]3 years ago

4 0

Answer:

The role of the Management is to move an organization towards its purposes or goals by assigning activities that organization members perform. If Management ensures that all the activities are designed effectively, the production of each individual worker will contribute to the attainment of the organizational goals.

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if a small country produces 100 units of product x and consumes 140 units at a price of $2 under free trade, but the imposition

kramer

The gains in producer surplus in this country because of the tariff is. $22.00.

A surplus is if you have extra of something than you want or plan to use. For example, whilst you prepare dinner a meal, when you have meals ultimately after all people have eaten, you've got got a surplus of meals. a number of belongings in extra of what's considered necessary to fulfill liabilities. adjective. 5. being a surplus; being in extra of what's required. surplus wheat.

Surplus budget means, at any given date, the extra coins and different diagnosed belongings which are predicted to be resolved into coins or its equal withinside the herbal route of activities and with an inexpensive certainty, over the liabilities and important reserves on the identical date.

Learn more about surplus here

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4 0

1 year ago

What are the four obstacles that impede economic growth?

bogdanovich [222]

Obstacle # 1. Interlocking Various Obstacle # 2. Population Obstacle # 3. The Difficult of Adapting Western Technology Obstacle # 4. Lack of Preparation for an Industrial Revolution Obstacle # 5. The International Context

7 0

4 years ago

Hawaiian Specialty Foods purchased equipment for $30,000. Residual value at the end of an estimated four-year service life is ex

timama [110]

Answer:

Intructions are listed below.

Explanation:

Giving the following information:

Hawaiian Specialty Foods purchased equipment for $30,000.

Residual value= $3,000.

The machine operated for 3,100 hours in the first year, and the company expects the machine to operate for a total of 20,000 hours.

1) Straight-line:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (30,000 - 3,000)/4= $6,750

2) Double-declining balance:

Annual depreciation= 2*[(book value)/estimated life (years)]

Annual depreciation= 2* [(30,000 - 3,000) / 4]= $13,500

3) Activity-based:

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours used

Annual depreciation= (27,000/ 20,000)*3,100

Annual depreciation= $4,185

3 0

3 years ago

The goal of line balancing is to assign tasks to workstations in such a way that the workstations have approximately equal time

Tanya [424]

Answer:

The statement is: True.

Explanation:

Line Balancing is a production technique in which companies assign labor hand and equipment most efficiently to increase productivity. Line balancing also pursues reducing the waste time by allocating human sources and machinery according to each task necessary in the production process.

5 0

3 years ago

Two online magazine companies reported the following in their financial statements: BetterWorth Outdoor Fun 2018 2017 2018 2017

Rudik [331]

Answer:

BetterWorth and Outdoor Fun ROE and P/E Ratio Analysis:

1-a) Computation of 2018 ROE for each company.

ROE = Return on Equity. It is a percentage of the net income over equity. It is best to use the average equity, if given two balance sheets. See explanation for further clarification.

Average Equity = Two balance sheets' equity divided by 2.

BetterWorth's Average Equity = (597,186 + 522,814) / 2 = 560,000

Outdoor Fun's Average Equity = (457,151 + 477,049) / 2 = 467,100

BetterWorth's 2018 ROE = 111,000 / 560,000 x 100 = 19.82%

Outdoor Fun's 2018 ROE = 92,420 / 467,100 x 100 = 19.79%

1-b) BetterWorth's appears to be generating greater returns on stockholders' equity in 2018. It generated 19.82% as against Outdoor Fun's 19.79%, especially with the use of average equity.

2-a) Computation of 2018 P/E Ratio for each company:

P/E Ratio = Price/Earnings Ratio. It is expressed as the market price per share divided by earnings per share.

BetterWorth's 2018 P/E Ratio = 54.90 : 3.4 = 16.15 : 1

Outdoor Fun's 2018 P/E Ratio = 33.05 : 2.30 = 14.37 : 1

2-b) Investors appear to value BetterWorth more than Outdoor Fun. This is because investors are ready to pay 16.15 times more for each unit of the earnings of BetterWorth. For Outdoor Fun, investors are only willing to pay 14.37 times more for each unit of its earnings.

Explanation:

A) ROE = Return on Equity. It is expressed as a percentage of net income over average equity. In the above calculations, we used the average equity. The reason is this: average equity smoothens the mismatch between the income statement and the balance sheet.

But, what does ROE measure? It measures a company's management effectiveness in using assets to make profits for shareholders.

Had we used the 2018 equity, Outdoor Fun would have appeared to have performed relatively better than BetterWorth over ROE.

B) P/E ratio relates a company's share price to its earnings. The P/E ratio shows that the company's stock is overvalued or undervalued. It depicts investors' confidence or lack of it in the company's ability to produce more or less earnings. Without earnings expectation, investors cannot price a company's stock highly. It is therefore a stock valuation tool widely used by financial analysts and investors.

6 0

3 years ago