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snow_lady [41]
2 years ago
10

What are the functions of middle level management​

Business
1 answer:
elena-14-01-66 [18.8K]2 years ago
8 0

Answer:

  • Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.

  • Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.

<h2>Hope this helps you !! </h2>

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Suppose in New York £/$ = 1, while in Tokyo ¥/$=2.5, but in London £/¥ = 0.50. (a) (2) Is there any profit that could be made wi
Dimas [21]

Answer:

(a) Yes, there is a profit by making triangular arbitrage action. Profit starting with selling ¥1,000,000 in London will be ¥250,000. Detailed description is in explanation part.

(b)

The dollar-pound exchange rate will change in the way that pound will be depreciated because there is more supply of pound in New York market following a arbitrageur action as they notice the profit-making opportunity.

Cross rates after arbitrageurs notice will be adjusted to the point where there is no arbitrage opportunity occurs. In (a) example, keeping other exchange rate unchanged, the dollar-pound exchange rate will be adjusted to £/$ = 1.25.

Explanation:

(a)

Investor sell ¥1,000,000 in London to get £500,000 ( exchange rate £/¥ = 0.50).

Further, he sells these £500,000 in New York to get $500,000 ( exchange rate £/$=2.5)

Next, they sell $500,000 to get ¥1,250,000 in Tokyo ( exchange rate ¥/$=2.5)

=> Net profit is ¥1,250,000 - ¥1,000,000 = ¥250,000

(b)

Details have already been explained in the answer part.

3 0
3 years ago
Read 2 more answers
The process of alliance management begins with
bonufazy [111]
The process of alliance management begins with selecting the most appropriate partner. Typically, alliance managers work in partnership with other companies to achieve what their company can not achieve alone. An alliance manager needs to know all the aspects of his company's business.
3 0
4 years ago
Using the following information, what is the amount of net income? Purchases $ 33,114 Selling expenses $ 677 Merchandise invento
NeX [460]

The net income is $32,961

<u>Explanation</u>:

To calculate the net income, we will classify the transaction into income and expenses, and compute the difference between their totals;

Income;

Merchandise inventory Sept. 1     =  $  7,740

Merchandise inventory Sept. 30  = $ 11,372

                                         Sales     =  $ 50,575

                                        Total      =  $ 69,687

Expenses;

Purchases                             = $ 33,114

Selling expenses                  = $     677

Administrative expense       = $     665

Rent Revenue                       = $    1,118

Interest expense                  = $     1,152

Total                                      = $  36,726

Net income = Total income - Total expenses

                    = 69,687 - 36,716

                    = $ 32,961

     

4 0
4 years ago
If a homeowner wants to sell his property to an adult child for $1, may a sales agent be involved in that transaction?
Umnica [9.8K]

Answer:

Of course a sales agent can be involved, although they will probably charge a fixed amount and not a sales percentage. Many people probably need the help of a sales agent to fill out legal forms, including contracts, etc. Not everyone has the knowledge to prepare them or simply fill them out, and a sales agent can be helpful.

7 0
3 years ago
A business goes to the trouble and expense of segmenting _________.a. its markets when its customers are dissatisfied. b. it exp
malfutka [58]

Answer:

b. it expects that this will increase sales and profits

Explanation:

6 0
4 years ago
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