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andrey2020 [161]
2 years ago
6

The family business is looking to expand, and some members of the family, but not all, feel that it might be worth bringing in s

omeone from the outside to fill one of the new management positions because the family talent has been pretty much exhausted. Design a process for hiring an external manager. What things should be considered
Business
1 answer:
natka813 [3]2 years ago
6 0

In order to hire an external manager for an expanding family business, it is necessary to implement a hiring process that clearly identifies the organization's set of needs, values ​​and objectives, in order to take the right action.

<h3 /><h3>Family business</h3>

This business structure corresponds to the management and decision-making authority of family members, which can mean a stronger organizational culture with well-established and even inflexible values.

Therefore, according to the culture, in a hiring process, the ideal profile of the professional must also be established for the expansion strategy, which constitutes the focus of the company.

It is also necessary to have an accountability plan that guarantees greater autonomy to the professional, since in family businesses decision-making can be more rigid and centralized.

This can be a positive decision to increase knowledge and bring a differentiated vision to the company, generating innovation and creativity.

Find out more information about family business here:

brainly.com/question/25452811

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1.42 pointsItem 4Item 4 1.42 pointsOn January 1, Revis Consulting entered into a contract to complete a cost reduction program f
deff fn [24]

Question Continuation

Prepare the following journal entries for Revis:

1. The journal entry on January 31 to record the first month of revenue under the contract.

2. Assuming total cost savings exceed target, the journal entry on June 30 to record receipt of the bonus.

3. Assuming total cost savings fall short of target, the journal entry on June 30 to record payment of the penalty.

Answer:

1. The journal entry on January 31 to record the first month of revenue under the contract.

Possible Price -------------------------------Possibility------------Expected Amount

$130,000 ($20,000*6+$10,000) ------80% ------- --------------$104,000 (80% * $130,000)

$110,000 ($20,000*6-$10,000) --------20% -----------------------$22,000 (20% * $110,000)

Expected value--------------------------------------------------------------$126,000 ($104,000 + $22,000)

Accounts ------------------------Debit------------Credit

Cash -------------------------------$20,000 (Debit)

Bonus receivable----------------$1,000 (Debit)

Service revenue --------------------------------- $21,000 ($126,000/6)(Credit)

2. If total cost savings exceed target, record the entry on June 30 for receipt of the bonus

Accounts --------------Debit--------------------------Credit

Cash --------------------- $10,000 (Debit)

Bonus receivable-------------------------------------$6,000 (Credit) ($1000 * 6)

Service revenue ------------------------------------- $4,000 (Credit)

3. If total cost savings fall short of target and record the entry on June 30 for payment of the penalty.

Accounts --------------Debit--------------------------Credit

Service Revenue ---------------- $16,000 (Debit)

Bonus receivable-------------------------------------$6,000 (Credit) ($126,000 / 6)

Cash ------------------------------------- $4,000 (Credit)

3 0
3 years ago
Gross earnings are the same as
attashe74 [19]
Gross income. they are incomes before taxes or adjustments
6 0
3 years ago
List four things a personal essay should not include
Assoli18 [71]

Quotations, Random Lists, Over-used clichés, Limit your use of the word “passion”, And Stilted vocabulary.

5 0
3 years ago
What work-related tasks do you think would be appropriate to be delivered electronically, and what types do you feel would be be
Mandarinka [93]

Answer:

What I feel would be appropriate to be delivered electronically:

- Sending Daily report

- Requesting invoice for petty cash

- Working schedule

- Creating list of tasks.

I think every activities that does not necessarily need a lot of human communication should be delivered electronically . it just safe a lot of time and make it accessible anywhere you want.

What i feel would be better delivered in traditional setting:

- Brainstorming

- Firing people

I believe group brainstorming will be more efficient if team members spare their time to gather together in a private setting and focus on doing so. Doing it electronically will make it hard to communicate and some team members might not focusing on the task.

Firing people also should be done face-to-face. Even though this person is about to be kicked out of the team, we need to know that we appreciate what they've done to the team. Firing using electronic media just seems cold and impersonal.

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3 years ago
Which is the primary dietary consideration for a client receiving insulin isophane suspension (nph) at breakfast?
Dvinal [7]

The primary dietary consideration for a client receiving insulin isophane suspension (nph) is that make sure breakfast is not delayed.

Diabetes is treated with ISOPHANE INSULIN (NPH). It functions by raising your body's insulin levels, which lowers your blood sugar. It is a member of the class of drugs known as intermediate-acting insulins. Combining this medicine with dietary and exercise modifications is common.

A hormone called insulin lowers blood glucose levels, or sugar, by doing its job. Intermediate-acting insulin, insulin isophane begins to function 2 to 4 hours after injection, peaks in 4 to 12 hours and continues to function for 12 to 18 hours.

Learn more about insulin isophane here:

brainly.com/question/13989526

#SPJ4

3 0
1 year ago
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