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2 years ago

When poor performance is attributed to a lack of knowledge, team members are most likely to respond by

1 answer:

5 0

It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.

<h3>What is training?</h3>

Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.

When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.

Learn more about training on:

brainly.com/question/26270137

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11) What is the last step of planning &

Doss [256]

Answer:

the last step of the planning process, implementation of the plan. This is when all the other functions of management come into play and the plan is put into action to achieve the objectives of the organization.

5 0

3 years ago

A company will make $74,000 in annual revenue each year for the next seven years from a new investment. The interest rate of 7.2

UkoKoshka [18]

Answer:

The present value is $395,354.84

Explanation:

The computation of the Present value is shown below

= Present value of all yearly cash inflows after applying discount factor

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

where,

rate is 7.25%

Year = 0,1,2,3,4 and so on

Discount Factor:

For Year 1 = 1 ÷ 1.0725 ^ 1 = 0.9324

For Year 2 = 1 ÷ 1.0725 ^ 2 = 0.8694

For Year 3 = 1 ÷ 1.0725 ^ 3 = 0.8106

For Year 4 = 1 ÷ 1.0725 ^ 4 = 0.7558

For Year 5 = 1 ÷ 1.0725 ^ 5 = 0.7047

For Year 6 = 1 ÷ 1.0725 ^ 6 = 0.6571

For Year 7 = 1 ÷ 1.0725 ^ 7 = 0.6127

So, the calculation of a Present value of all yearly cash inflows are shown below

= (Year 1 cash inflow × Present Factor of Year 1) + (Year 2 cash inflow × Present Factor of Year 2) + (Year 3 cash inflow × Present Factor of Year 3) + (Year 4 cash inflow × Present Factor of Year 4) + (Year 5 cash inflow × Present Factor of Year 5) + (Year 6 cash inflow × Present Factor of Year 6) + (Year 7 cash inflow × Present Factor of Year 7)

= ($74,000 × 0.9324 ) + ($74,000 × 0.8694 ) + ($74,000 × 0.8106 ) + ($74,000 × 0.7558 ) + ($74,000 × 0.7047 ) + ($74,000 × 0.6571 ) + ($74,000 × 0.6127 )

= $68,997.67 + $64,333.49 + $59,984.61 + $55,929.70 + $52,148.91 + $48,623.69 + $45,336.77

= $395,354.84

We take the first four digits of the discount factor.

4 0

2 years ago

Strategic controls are largely subjective criteria intended to verify that the firm is using appropriate strategies for the cond

ValentinkaMS [17]

Answer:

A. True

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

Basically, strategic controls are subjective criteria that are developed by a business firm so as to verify and ensure that the business firm has implemented the appropriate strategies for the conditions in the external environment and the competitive advantages of the business firm.

6 0

3 years ago

Asteroid Industries accumulated the following cost information for the year:

frez [133]

Answer:

Factory overhead costs = 3000 + 7500 + 11800 = $22,300

Explanation:

Factory overhead costs are the costs that are not directly attributable to the production. This would include all the costs except for the direct materials and direct labor.

the total factory overhead costs would be,

Factory overhead costs = 3000 + 7500 + 11800 = $22,300

These costs are then allocated using the appropriate cost base to all the units produced.

Hope that helps.

7 0

3 years ago

Productivity is a measure of:

Arisa [49]

Answer:

c. the amount of input needed to create a certain output.

Explanation:

Productivity measures the efficiency in the use of the company's resources in the production process. The term productivity is associated with reduced wastage, high quality, and a high input to output ratio.

Productivity is about how well a company uses inputs to generate output. It is measured by calculating the volume of output per hour or comparing the total output against the number of employees.

3 0

3 years ago