Kingsport Containers Company makes a single product that is subject to wide seasonal variations in demand. The company uses a job-order costing system and computes plantwide predetermined overhead rates on a quarterly basis using the number of units to be produced as the allocation base. Its estimated costs, by quarter, for the coming year are given below:
First Quarter Second Quarter Third Quarter Fourth Quarter
Direct materials $320,000 $160,000 $80,000 $240,000
Direct labor 80,000 40,000 20,000 60,000
Manufacturing overhead 230,000 206,000 194,000 ?
Total manufacturing costs (a) $630,000 $406,000 $294,000 $
Number of units to be produced (b) 80,000 40,000 20,000 60,000
Estimated unit product cost (a + b) $7.88 $10.15 $14.70 $
Management finds the variation in quarterly unit product costs to be confusing and difficult to work with. It has been suggested that the problem lies with manufacturing overhead because it is the largest element of total manufacturing cost. Accordingly, you have been asked to find a more appropriate way of assigning manufacturing overhead cost to units of product.
Required:
a. Using the high-low method, estimate the fixed manufacturing overhead cost per quarter and the variable manufacturing overhead cost per unit.
b. Compute the total cost of manufacturing cost and unit product cost for the fourth quarter.
c. Estimate the total manufacturing overhead cost for the year and an annual predetermined overhead rate.
Answers
Answer:
A. Variable manufacturing overhead cost per unit $0.6 per unit
Fixed manufacturing overhead per quarter $182,000
B.Manufacturing overhead $218,000
C. Total manufacturing overhead cost $848,000
Predetermined rate $4.24 per unit
Explanation:
a. Calculation to estimate the fixed manufacturing overhead cost per quarter and the variable manufacturing overhead cost per unit.
Variable manufacturing overhead cost per unit= (230,000-194,000)/(80,000-20,000)
Variable manufacturing overhead cost per unit= $0.6 per unit
Fixed manufacturing overhead per quarter = 230,000 – (80,000*0.6)
Fixed manufacturing overhead per quarter = $182,000
B. Computation for the total cost of manufacturing cost and unit product cost for the fourth quarter
Manufacturing overhead = 182,000 + (60,000*.6).
Manufacturing overhead = $218,000
Now let calculate the Unit product cost
Unit product cost = $218,000/60,000 = $3.63
C. Calculation to Estimate the total manufacturing overhead cost for the year and an annual predetermined overhead rate
Total manufacturing overhead cost = 230,000+206,000+194,000+218,000 = $848,000
Predetermined rate = 848,000/200,000 = $4.24 per unit
(80,000+40,000 +20,000 +60,000=$200,000)
Related Questions
Accounts details $
Purchases 74,400
Sales 141,600
Return inwards 4,900
Sundry expenses 370
Freight charges 6,240
Motor vehicle expenses 7,250
Rent and Rates 5,720
Wages 19,600
Bank Loan interest 300
Bank Loan 6,000
Accounts receivable 15,000
Accounts payable 6,050
Inventory as at 1 January 2014 8,540
Equipment 5,800
Motor Vehicle 26,400
Drawings 12,000
Capital 35,700
Cash at Bank 2,830
Additional information:
i. Closing inventory at 31 December 2014 was valued at $10,750.
ii. A provision for doubtful debts of 3% of accounts receivable is to be made. (450)
iii. The rent and rates amount given above includes rent of $900 prepaid till 31 March 2015.
iv. Interest on the loan is at the rate of 10% per annum. (30)
v. Motor vehicles are to be depreciated by 20% per annum. (5280)
REQUIRED:
a) Prepare the Trial Balance based on the information given in the above table (Ignore the additional information when creating the Trial balance).
b) Prepare the Statement of Comprehensive Income and Statement of Financial Position for the year ended 31st December, 2014 (include the additional information given in your question).
solution
Answers
Answer:
a) Trial Balance as at 31st December, 2014:
Account Debit Credit
Purchases 74,400.00
Sales 141,600.00
Return inwards 4,900.00
Sundry expenses 370.00
Freight charges 6,240.00
Motor vehicle expenses 7,250.00
Rent and rates 5,720.00
Wages 19,600.00
Bank Loan interest 300.00
Bank Loan 6,000.00
Accounts receivable 15,000.00
Accounts payable 6,050.00
Inventory as at 01/01/14 8,540.00
Equipment 5,800.00
Motor Vehicle 26,400.00
Drawings 12,000.00
Capital 35,700.00
Cash at Bank 2,830.00
Total 224,350.00 224,350.00
b) Statement of Comprehensive Income for the year ended 31st December, 2014:
Particulars Amount ($)
Sales 141,600.00
Less: Return inwards (4,900.00)
Net Sales 136,700.00
Cost of Sales 74,400.00
Gross Profit 62,300.00
Less: Sundry expenses (370.00)
Less: Freight charges (6,240.00)
Less: Motor vehicle expenses (7,250.00)
Less: Rent and rates (5,720.00)
Less: Wages (19,600.00)
Operating Profit 23,120.00
Less: Bank Loan Interest (300.00)
Net Profit 22,820.00
Statement of Financial Position as at 31st December, 2014:
Particulars Amount ($)
Current Assets
Inventory 10,750.00
Accounts receivable 15,000.00
Prepaid Rent 900.00
Cash at Bank 2,830.00
Total Current Assets 29,480.00
Non-Current Assets
Equipment 5,800.00
Motor Vehicle 21,120.00
Less: Accumulated Depreciation (5,280.00)
Net Non-Current Assets 21,640.00
Total Assets 51,120.00
Current Liabilities
Accounts payable 6,050.00
Bank Loan 6,000.00
Total Current Liabilities 12,050.00
Net Assets 39,070.00
Equity
Capital 35,700.00
Add: Net Profit for the Year 22,820.00
Total Equity 58,520.00
Total Liabilities and Equity 51,120.00
Explanation:
explain all the dimensions of Management functions in Human Resource management
Answers
Answer:down
Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).
Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:
Explanation:
a. Planning
Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.
b. Organizing
An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.
c. Directing
To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.
d. Controlling
One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.
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Text that is slanted slightly to the right is said to be
O bolded
O Italic
O underlined
O superscripted
Answers
Answer:
O Italic.
Explanation:
At the beginning of December, ABC Company had $1,500 in supplies on hand. During the month, supplies purchased amounted to $2,900, buy by the end of the month the supplies balance was only $2,200. What is the appropriate month-end adjusting entry
Answers
Answer and Explanation:
The adjusting entry is as follows:
Supplies expense Dr $2,200
To Supplies $2,200
(being the supplies expense is recorded)
Here the supplies expense is debited as it increased the expenses and credited the supplies as it decreased the assets
The computation is
= Opening supplies + purchased - closing supplies
= $1,500 + $2,900 - $2,200
= $2,200
Joe Palucci earns $2,500 per PLEASE HELP!!!
Joe earns $2,500 per month. Out of those wages, $266 in federal income taxes,
$191.25 in FICA taxes, $120 in state income taxes, and $125 in health insurance
premiums were deducted. What percent is his take home pay of his gross pay? (Round
to nearest whole percent) (2 points) (include % sign)
Answers
Answer:
72%
Explanation:
you need to subtract 2,500-191.25-120-125-266
then take the answer and divide by 2,500
1797.75/2500
=72%
The best place to put your money if you want to be able to withdraw it quickly
is a
account.
Answers
Answer:
true
Explanation:
Life
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Question 2
Questions 2 & 3 are related.
One month into your job at Madison square garden, your supervisor requests that you draft an outline of a hospitality event your department will host for the upcoming hockey season. Which principle can be best used for this assignment?
A) Project Management Software
B) Developing an Action Plan
C) S.M.A.R.T goals
D) None of the above
Question 3
Your supervisor reviews your proposed hospitality event and begins to question if the event will be executed at optimal level and if enough resourcesare available at the department’s disposal.Your supervisor is likely questioning the event
A) Feasibility
B) Success
C) Failure
D) Economic impact
Answers
Answer:
B) Developing an Action Plan
Explanation:
What is the most popular brand in the world?
Answers
Answer:
I would say Amazon
Explanation:
Answer:
Apple!
Explanation:
Ranks # 1
Guys.. Pls... Just try to help me out.
1. If you were preparing a marketing plan for this hotel, how would you describe the
company, its positioning strategy, and its value proposition?
2. What do you want to know about the market- demographics and psychographics?
3. Describe each of the 4P’s as they relate to this hotel.
(Product, Place, Price, Promotion)
4. Without doing further research, who do you think is the target market?
5. Does the hotel have a brand image? If so, explain.
Answers
1. The hotel is a luxury resort with a unique positioning strategy that caters to affluent travelers seeking exclusivity and relaxation. Its value proposition is centered around creating unforgettable memories for guests.
2. Gathering demographic and psychographic data can help identify the hotel's target audience and their emotional and psychological needs.
How would you describe the company, its positioning strategy?The hotel is a luxury resort situated on a beautiful beach with breathtaking views. It caters to affluent travelers who value exclusivity, privacy, and relaxation. The hotel's positioning strategy is to offer an unparalleled experience by providing guests with top-notch amenities and services that meet and exceed their expectations.
The hotel's value proposition is centered around the idea of creating unforgettable memories for guests that they will cherish for a lifetime. By offering an exclusive, luxurious experience, the hotel seeks to differentiate itself from its competitors and attract high-end customers who are willing to pay a premium for superior service.
What do you want to know about the market- demographics and psychographics?To better understand the hotel's market, it would be helpful to gather information on the demographics and psychographics of its target audience. Demographic information such as age, income, education, and occupation would be useful in determining the hotel's target customer profile. Psychographic data, such as values, lifestyle, interests, and personality traits, can help identify the emotional and psychological needs of the target market.
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cách huy động vốn của công ty bảo hiểm
Answers
How to raise capital from an insurance company?
Clark and Hunt organized Jet Corp. with authorized voting common stock of $400,000. Clark contributed $60,000 cash. Both Clark and Hunt transferred other property in exchange for Jet stock as follows: Adjusted Basis Fair Market Value Percentage of Jet Stock Acquired Clark $50,000 $100,000 40% Hunt 120,000 240,000 60% What was Clark's basis in Jet stock
Answers
Answer:
Explanation:
To calculate Clark's basis in Jet stock, we need to determine the total value of the stock he received in exchange for his cash and property contributions.
First, we can calculate the total fair market value of Jet Corp.'s authorized common stock as:
$400,000
Next, we can calculate the total fair market value of the property contributed by both Clark and Hunt as:
Clark's contribution: $100,000 fair market value
Hunt's contribution: $240,000 fair market value
Total: $340,000 fair market value
We can then determine the percentage of Jet stock that Clark received by dividing the fair market value of his contribution by the total fair market value of all contributions:
Clark's contribution: $100,000 fair market value / $340,000 total fair market value = 29.41%
Therefore, Clark received 29.41% of Jet Corp.'s authorized common stock.
To determine Clark's basis in his Jet stock, we need to allocate his total contribution (cash plus property) between the two assets he received (cash and Jet stock) based on their relative fair market values.
Clark's cash contribution was $60,000, and the fair market value of his Jet stock is $100,000. Therefore, his total contribution was $160,000 ($60,000 cash + $100,000 stock).
To calculate Clark's basis in his Jet stock, we can multiply his total contribution by the percentage of Jet stock he received:
$160,000 total contribution x 29.41% Jet stock = $47,059.
Therefore, Clark's basis in his Jet stock is $47,059.
4.) You find out that your aunt works for a defense manufacturing company that has several defense contracts with the government she tells you that she works for a team that is producing a communication satellite.
5.) Your class visits a local jail run by a private profit making company that detains county criminals in this paid with tax revenue.
Answers
Answer:
1) public
2) merit
3) public
4) public
5) individual
Explanation:
1) Fire fighters and their fire prevention can be considered a public good because they are granted free of charge. Public goods are a benefit of being a citizen and are provided. This is an example of a public good for the services are provided for free and without any profit to the owners, such as the government or a different corporation.
2) The goods and services provided are merit goods because they come from the government and the private sector. They were collected by taxes. Your cousin attends a nearby elementary school that is supported financially by local property tax revenue. Being that the case, the goods and services provided are public because they come from the government and the private sector. Taxes are helping the young man get their education. The Government provide merit goods and services to promote consumption and equity. The government considers that consumption would not be based on the ability to pay.
3) The Military spending is not seen as public good, but Defense is. In economics, it is considered that a public good something that's non-rivalrous and also excludable in a way that individuals may not be excluded from using or enjoying the goods without having to pay for it. In the US, both the air that you breathe and public defense are considered public goods.
4) It is a public good as the contracts that the company has with the government is because that the government wants to invest in it as it is in the best interest of its people. The central role of the government in any country is to bring prosperity and this is done by investing in infrastructure and meeting the expectations of its people by investing in different areas which includes defense, communication, transport, infrastructure development, education, health, etc.
5) Individual good is the right answer. An individual good has the characteristic of being exclusive of property rights and rivalry of consumption, meaning that the owner can prevent it from being consumed by anyone and they can be consumed by individuals without affecting their availability to other individuals. In the example, it only gets sustained by the local taxes and only puts behind bard the county criminals and not any criminal, so this is why individual good fits the answer
hope this helps
Identify the environmental factor that is a characteristic of an an attractive environment.
Answers
the answer was already on brainly btw!
There are five environmental factor for an attractive environment.
Few CompetitorsLow threatFew substitutesMany suppliersMany customers.Types of Environmental FactorsInternal environmental factors: In the internal business environment there are elements within an organization that influence the approach and success of commercial operations.External environmental factors: The external environment comprises a range of factors outside a commercial enterprise over which we do not have much control.For more information about environmental factors click on https://brainly.com/question/13310446
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Your friend, Cindy Brady has come to your for advice. She graduated from college three years ago. She was hired right out of college by a firm she had interned with the summer before her senior year. Her salary is $50,000/year. She has health and dental insurance through her employer (premiums are deducted from paycheck). They also offer a 401(k) that she is eligible for. During college, she had always planned to begin contributing to a 401(k) with her first paycheck, but she was not eligible with this employer until she worked there for one full year. By the time she was eligible, she had purchased a new car, so still didn't begin contributing. She was able to pay her credit cards off, but shortly after that, she moved to a nicer (and more expensive) apartment with some friends, so she still doesn't seem to have any of her paycheck left, and still has not started saving for retirement. She knows that the longer she waits to begin saving, the harder it will be so she has come to you for advice on how she can get her budget under control and start saving. Cindy has previously written out her budget and expects to have almost $300 leftover that she would use to begin saving, but her savings accounts never seems to grow. Also, a few years ago Cindy found herself with rising credit card debt and she was beginning to have difficulty making even the minimum monthly payments. She made some spending changes and began making higher than minimum payments a few months ago and had reduced the balance somewhat, but they are taking longer to pay off than she expected.
Monthly Paycheck
Gross Salary 4,167
FICA Tax 319
Fed w/h 225
State w/h 80
Health Insurance 200
Dental Insurance 50
Net Paycheck 3,293
Budget
Paycheck 3,293
Less expenses:
Rent 1,200
Student Loan Payment 300
Auto Payment 300
Auto Insurance & Fuel 250
Utilities 350
Groceries 300
Misc Exp/Entertainment 300 3,000
Surplus 293
Statement Balances
Auto Loan 17,000
Student Loan 12,000
Credit Card Balance 2,500
Checking Account 1,500
Savings Account 500
Other Assets (Market Value)
Car 15,000
Personal Property 5,000
Cindy has tracked her spending using her checking account and credit card statements. Below are her ACTUAL average monthly expenses:
Rent 1,200
Student Loan Payment (income driven-plan) 140
Car Payment 400
Auto Insurance & Fuel 250
Renters Insurance 50
Food (groceries) 350
Utilities 350
Entertainment/Miscellaneous (including eating out) 500
Clothing 125
ATM withdrawals 160
Credit Card payment 100
(more than minimum, but doesn't pay in full)
Please answer these questions:
1) Assemble Cindy's net worth statement. Be sure to label categories, subcategories, and accounts as appropriate.
2) Assemble Cindy's monthly budget.
3) What is Cindy's net worth?
4) Current ratio?
5) Debt ratio?
6) What is Cindy's monthly surplus/deficit?
7) Is Cindy's monthly rent payment in-line with accepted recommendations? Explain.
8) Savings rate? (use gross income)
9) Is Cindy meeting her stated monthly budgeting goals? Support your answer.
10) If not, give at least two specific suggestions to correct this.
11) Is Cindy's emergency fund sufficient? If not, what amount should she be working towards?
12) Why is it taking Cindy so long to pay off her credit cards? (give at least 2 primary reasons)
13) Comment on Cindy's student loan repayment plan and any concerns or suggestions you have for her.
14) Since Cindy was not eligible for her company's 401(k) during her first year of employment, what could she have done to stick with her plan of beginning to save for retirement with her first paycheck?
THANK YOU
Answers
Answer:
Explanation:
can i get the answer
answer the following questions, please
Answers
The cost reconciliation indicates a discrepancy, as the total costs assigned exceed the beginning work in process costs. This could be due to additional costs.
How did we arrive at this assertion?To prepare a production cost report for the Welding Department for the month of February, we need to calculate the following:
1. Equivalent units of production for materials, labor, and overhead.
2. Cost per equivalent unit for materials, labor, and overhead.
3. Total costs assigned to units transferred out and ending work in process.
4. Cost reconciliation.
Let's calculate each of these steps:
Step 1: Equivalent Units of Production
Equivalent units of production are calculated based on the percentage of completion for units in process.
For materials:
Beginning work in process: 15,000 units x 10% complete = 1,500 equivalent units
Units transferred in: 64,000 units
Ending work in process: 25,000 units x 20% complete = 5,000 equivalent units
Total equivalent units for materials: 1,500 + 64,000 + 5,000 = 70,500 equivalent units
For labor and overhead:
Since the given data does not provide the percentage of completion for labor and overhead, we assume it is the same as for materials. Therefore, the equivalent units for labor and overhead will also be 70,500 units.
Step 2: Cost per Equivalent Unit
To calculate the cost per equivalent unit, we divide the total costs by the total equivalent units.
Cost per equivalent unit for materials: $135,000 / 70,500 units = $1.91 per unit
Cost per equivalent unit for labor: $57,000 / 70,500 units = $0.81 per unit
Cost per equivalent unit for overhead: $35,100 / 70,500 units = $0.50 per unit
Step 3: Total Costs Assigned
To calculate the total costs assigned to units transferred out and ending work in process, we multiply the cost per equivalent unit by the equivalent units for each category.
For units transferred out:
Materials: 64,000 units x $1.91 per unit = $122,240
Labor: 64,000 units x $0.81 per unit = $51,840
Overhead: 64,000 units x $0.50 per unit = $32,000
For ending work in process:
Materials: 25,000 units x $1.91 per unit = $47,750
Labor: 25,000 units x $0.81 per unit = $20,250
Overhead: 25,000 units x $0.50 per unit = $12,500
Step 4: Cost Reconciliation
To reconcile the costs, we compare the total costs assigned to units transferred out and ending work in process with the beginning work in process costs.
Beginning work in process costs: $32,175
Total costs assigned to units transferred out: $122,240 + $51,840 + $32,000 = $206,080
Total costs assigned to ending work in process: $47,750 + $20,250 + $12,500 = $80,500
Total costs: $206,080 + $80,500 = $286,580
Since the total costs assigned exceed the beginning work in process costs, there may be some additional costs that need to be investigated or accounted for.
The production cost report for the Welding Department for the month of February is as follows:
------------------------------------------------------------------------
| | Equivalent Units | Cost per Equivalent Unit | Total Costs |
------------------------------------------------------------------------
| Materials | 70,500 | $1.91 | $135,000 |
| Labor | 70,500 | $0.81 | $57,000 |
| Overhead | 70,500 | $0.50 | $35, 100 |
------------------------------------------------------------------------
| Total (Transferred-out) | 64,000 | | $227,240 |
| Ending work in process | 25,000 | | $80,500 |
------------------------------------------------------------------------
| Total Costs $307,740 |
------------------------------------------------------------------------
Note that the cost reconciliation indicates a discrepancy, as the total costs assigned exceed the beginning work in process costs. This could be due to additional costs.
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planned change is a purposeful systematic effort to alter or bring about change. What occurs next after alternative solutions to a problem are determined and analyzed
Answers
Answer:
The answer is "The plan of action amongst these options is selected".
Explanation:
The planned transition would be the planning of the whole company towards new priorities or new directions or a significant part of them.
Its guidance could include community, internal structures, processes, metrics and rewards, and any other associated issues. This strategy is a framework for changing or amending a trend, situation to improve the well-being, and the situation of a customer.The Business Administration A.S. degree indicates that one may choose from the following CST courses: CST 100, CST 110, CST 126, or CST229. How does one determine the difference between the courses and the best course to take? Group of answer choices
Answers
One can be able to determine the difference between the courses and the best course to take by reviewing the course descriptions and then checking with the transfer institution.
Since there are four courses that one can choose from which are CST 100, CST 110, CST 126, or CST229, it's important for the individual to choose the best course.Therefore, the person has to review the descriptions of the course. Then, the person will have to check with the transfer institution in order to know the recommended CST course that is required for the major.Then, the person will pick the course that'll be able to satisfy the four years requirements of the institution.Read related link on:
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Every year more and more animals are facing extinction. We must all help to protocol endangered species essay 140 190 words help
Answers
Answer:
?????????????
I just need the points tnx
1. The level of prices and the value of money
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of seltzer, one bag of pretzels, and one
shuttle ride. In year one, the basket costs $15.00.
In year two, the price of the same basket is $14.00. From year one to year two, there is
In year one, $120.00 will buy
baskets, and in year two, $120.00 will buy baskets
This example illustrates that, as the price level falls, the value of money
at an annual rate of money
Answers
This example illustrates that, as the price level falls, the value of money rises at an annual rate of money.
How does the value of money change over time ?As the price level falls, the value of money increases, which means that each unit of currency can purchase more goods and services.
The value of money refers to its purchasing power, or the amount of goods and services that can be obtained with a given amount of money. When the price level falls, each unit of currency can purchase more goods and services, which means that the value of money has increased.
This is shown by the fact that as the price of the basket decreased, the value of money was able to buy more baskets.
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What are the five steps in the marketing research approach?
Answers
Answer: define the problem or opportunity, develop your marketing research plan, collect relevant data and information, analyze data and report findings, and put your research into action
Explanation: Just trust me this is a great way for marketing approaches
Production is an example of a marketing activity.
Question 1 options:
True
False
Answers
"Mr. Bergh sent the firm's then top 60 managers six questions about the pros and cons of the business - and started interviewing each of them." Why would Mr. Bergh ask his managers questions about the pros and cons of the business? What type of information was he attempting to retrieve in his interview process? Do you feel that this is an effective way of communication from a leadership perspective?
Answers
Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.
Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.
In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.
By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.
From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.
It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.
However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.
It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.
In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.
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Which is the opposite of a surplus?
inelastic
shortage
equilibrium
floor
Answers
Answer:
The opposite of a surplus is a shortage.
Explanation:
The opposite of a surplus is a shortage.
Answer:
Explanation:
dearth or even
shortage
Which factor would influence the premiums of health insurance?
Building size
Deductible
Elimination period
Profession
Answers
Answer:
Deductible
Explanation
The correct option is B. Plan category, the plan covers dependents, and deductibility is the factor that influences the premiums of health insurance.
What is Health Insurance?Medical and health-related costs are covered by a specific type of insurance called health insurance. Routine care, emergency care, and treatment for long-term illnesses are all partially or fully covered by health insurance.
Thus, there are many other factors that influence the health insurance premiums such as age, smoking status, region, type of plan, and if dependents are covered by the policy.
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Maslow's hierarchy of needs
Answers
Explanation:
Maslow's hierarchy of needs is an idea in psychology proposed by American psychologist Abraham Maslow in his 1943 paper "A Theory of Human Motivation" in the journal Psychological Review. Maslow subsequently extended the idea to include his observations of humans' innate curiosity.
What Is Maslow's Hierarchy of Needs? Maslow's hierarchy of needs is a theory of motivation which states that five categories of human needs dictate an individual's behavior. Those needs are physiological needs, safety needs, love and belonging needs, esteem needs, and self-actualization needs.
Answer: Maslow's hierarchy of needs includes Psychological needs, safety needs, love and belongings, esteem, and self - actualization.
Explanation:
Maslow's Hierarchy of Needs is a psychological theory given by Abraham Maslow, a renowned psychologist. It suggests that human needs can be organized into a hierarchical structure, with more basic physiological needs at the bottom and higher-level needs at the top. These are in chronological order and one needs to be fulfilled to attain the next.
He divides the need into 5 terminologies which were-
1) Psychological needs- These needs are the basic needs which are water, food, shelter, sleep, clothing, etc. If these are met then the psychological needs of a person are fulfilled.
2) Safety Needs- these needs include personal security, health, employment, resources and protection from physical and emotional harm, etc.
3) Love and belongings - these are the social needs of the person. These include the desire for love, affection, friendship, time for family and sense of connection, etc.
4) Esteem - At this stage, a person needs recognition, wants to be appreciated, and needs freedom and respect from others. The person wants to improve his/her self-esteem.
5) Self- Actualization- At the top of the hierarchy, after fulfilling almost all the desires, the person wants to become the best of his/her abilities. It involves realizing one's potential, pursuing meaningful activities, expressing creativity, and striving for personal fulfillment.
Therefore, these are the 5 hierarchical needs given by Maslow.
For further knowledge on Maslow's hierarchy of needs-
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1. Which term represents interest and all
other fees added on to credit purchases?
a. annual fee
b. annual percentage rate
c. introductory rate
d. finance charges
Answers
Answer: annual percentage rate
i hope this help u
if china has china business is china china or just china
who will wim trump or bid en³³³³³³³³³³³³³³³³³³³³³³³³∉∉∉∉∉∉∉∉∉∉∉
Answers
Answer:bid
Explanation:
Answer:
biden is a china puppet aka he is being controlled by china
Explanation:
Why does a simple cup of coffee stats at 180 rupees in the coffee club?
Answers
The price of a cup of coffee at the Coffee Club starting at 180 rupees can be influenced by several factors.
Quality of Ingredients: The Coffee Club may prioritize using high-quality coffee beans sourced from specific regions or with unique flavors. Premium beans can be more expensive, contributing to the higher price of the coffee.
Specialty Brews and Techniques: The Coffee Club may offer specialty brews or unique brewing methods that require additional equipment, expertise, or time. These specialized brewing techniques can result in a higher cost per cup.
Ambience and Experience: The Coffee Club may provide a comfortable and inviting atmosphere for customers, offering amenities such as cozy seating, free Wi-Fi, or live music. The overall experience and ambiance can be factored into the pricing to cover the costs of maintaining such an environment.
Overhead Costs: The Coffee Club needs to cover various operational expenses, including rent, utilities, salaries, equipment maintenance, and marketing. These costs are likely incorporated into the price of the coffee to ensure the sustainability of the business.
Brand Value and Perception: The Coffee Club may have established itself as a premium brand in the market, which can influence the perception of value associated with their products. Customers may be willing to pay a higher price based on the reputation, quality, and exclusivity of the brand.
It's important to note that pricing strategies can vary among different coffee establishments, and factors like location, target market, competition, and local economic conditions can also influence the pricing decisions.
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when making decisions about which products to carry in your store or warehouse a source of good advice on market trends is?
Answers
Answer:
When doing so, trend is Important or advisable
List five types of damage that can happen to you because of identity or financial information theft. Use online resources to research the implications of identity theft. Give us five ways how it can impact your life.
Answers
The five types of damage caused due to financial information theft are as follows:
A credit card was declinedRejected for a different loan type, such as a student, mortgage, or personal loan Due to identity theft, you're currently in debt. Calls from collection agencies related to fraudulent accounts No checking or savings account can be openedWhen someone utilizes another person's personal information for financial gain, it is called financial identity theft. This type of identity theft is the most prevalent (together with the credit card example previously mentioned). Many different types of financial identity theft exist, including The details of your credit card may be used by fraudsters to make purchases.
Learn more about theft here:
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