In what ways do goals and objectives help managers control the organization? How do specific and measurable goals affect employee and organizational performance? Provide an example from your own experience of when a specific goal or objective provided beneficial control over a process. Please answer in 150 words or more

Answers

Answer 1

Answer:

In simple words, the goals and objectives are the end meets or which every action must be taken. If the  point of destination is clear the managers of the company can plan and execute effectively taking each action according to that predetermined end point.

In my experience, I had a goal to secure more than 70 percent in my final year of graduation. By clearing my goal and objective i took every step in the year to achieve that goal. This made me help myself to keep control.


Related Questions

Which choice below is one of the three assumptions of behavior within consumer choice theory? A. Utility B. Completeness C. Preference D. Indifference

Answers

Answer:

Option A

Explanation:

In simple words, utility maximization is one of the assumptions under consumer price theory. As per this assumption, When buying, consumers are supposed to undertake measured choices, buying goods that get them the highest profit, commonly recognized as optimum economic usefulness. Thus, from the above we can conclude that the correct option is A.

If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.

Answers

Answer:

Yes

Explanation:

Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.

Match each organization and agreement with the phrase that best describes it.
is a regional organization that promotes
growth in Southeast Asia
EU
establishes a shared economy with a
common currency
ASEAN
is an international organization that
works to promote fair-trade practices
WTO
creates a free-trade zone between
Canada, the US, and Mexico
NAFTA

Answers

Answer:

see below

Explanation:

ASEAN : Is a regional organization that promotes growth in Southeast Asia. ASEAN is short for the  Association of Southeast Asian Nations. Its primary objective is to accelerate economic growth, promote peace,   social integration, and cultural development in Southeast Asia.

EU: Establishes a shared economy with a common currency.

The (EU) European Union is composed of  27 member states that are located in Europe. EU is political and economic union that has created a single market by eliminating border restrictions and the creation of a common currency.

WTO : An international organization that works to promote fair-trade practices. WTO stands for The World Trade Organization . The main objective of WTO body is to regulate and liberalize world trade.

NAFTA creates a free-trade zone between Canada, the US, and Mexico.

The North American Free Trade Agreement (NAFTA) minimized or eliminated most tariffs between these counties.

Answer:

NAFTA-creates a free trade zone between Canada the us and Mexico

WTO-is an international organization that works to promote fair trade practices

EU-establishes a shared economy with a common currency


ASEAN-is a regional organization that promotes growth in Southeast Asia

A stock currently sells for $50 per share, has an expected return of 15%, and an expected capital appreciation rate of 10%. What is the amount of the expected dividend

Answers

.50 cents per share for dividend

When a stock currently sells for $50 per share, has an expected return of 15%, and an expected capital appreciation rate of 10%. Then the amount of the expected dividend is $2.5.

The calculation of the amount of expected dividend is shown below.

Expected dividend = (Expected return - Capital appreciation rate) * Selling price

Expected dividend = (15% - 10%) * $50

Expected dividend = 5% * $50

Expected dividend = 0.05 * $50

Thus, Expected dividend = $2.5

What do you mean by dividend?

Dividends are referred to as incentives, which are in the form of payments to shareholders of a company. Dividend refers to a reward, cash or otherwise, that a company gives to its shareholders. Dividends are issued in various forms, such as cash payment, stocks or any other form.

What is the expected capital appreciation?

Capital appreciation refers to the difference between the purchase price and the selling price of an investment made. For instance, if an investor buys a stock for $10 per share, and the stock price rises to $12, the investor has earned $2 in capital appreciation.

Hence, the answer is given and explained above.

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Paid Rs.700 as rent of the house occupied by the proprietor for personal use​

Answers

Answer:

see below

Explanation:

In this transaction, Rs. 700 is used to pay for rent that the proprietor uses for personal use. The transaction will be captured in the drawings account. A drawing account is used to track all the money owners take from a business for personal use. The amount taken to pay rent, Rs. 700 will be debited  Drawings A/c.

The transaction will decrease cash ( asset account) by Rs. 700. A decrease in assets is credited. Therefore, the cash account will be credited by Rs.700

The journal entry will be

Drawings A/c Dr.   Rs.700

Cash A/c.                          Cr  Rs.700

A business owner makes 50 items a day. She spends 8 hours in producing those items. If hired elsewhere she could have earned $10 an hour. The item sells for $10 each. Production occurs seven days a week. If the explicit costs total $10,000 a month the economic profit for the month equals:

Answers

Answer:

$2,600

Explanation:

The computation of economic profit is shown below:

Economic profit = Revenues - Economic cost

where,

Economic cost = Explicit cost + Implicit (opportunity) cost

where,

Implicit cost

= $10 × 8 hours × 30 days

= $2400

And,

Explicit cost for a month = $10,000

So,

Economic cost is

= $10,000 + $2400

= $12,400

Now

The Revenue

= Price × quantity

= $10 × 50 items × 30 days

= $15,000

Finally

Economic profit is

= $15,000 - $12,400

= $2,600

ennifer's pass-through business has total qualified business income of $100,000 and combined REIT dividends/PTP income of $20,000. Since her taxable income of $150,000, including $10,000 of net capital gain, is below the applicable threshold, what is her pass-through deduction

Answers

Answer:

the lesser amount is $24,000

Explanation:

The computation of the pass through deduction is as follows;

For that the following lesser amount should be considered

1.  The qualified business income should be 20% and the total REIT dividend ...

2. There is 20% of taxable income less net capital gain

So now the calculation is

1. 20% × ($100,000 + $20,000)

= $24,000

And,

2. 20% × ($150,000 - $10,000)

= $28000

So the lesser amount is $24,000

hence, the same is relevant

Based on the case, you might describe the generic strategy of Allegiant Airlines as:__________.

Answers

Answer:

Based on the case, you might describe the generic strategy of Allegiant Airlines as:__________.

Cost Focus.

Explanation:

Allegiant Airlines, in its strategy, does not try to provide cost leadership to the airline industry.  But it offers low prices for passenger tickets for its specific routes.  This implies that the low cost that it offers is focused on a narrow niche market because this niche will provide it with competitive advantage in the industry.  Allegiant Airlines also employs some competitive pricing schemes, which have made it difficult for new and upcoming businesses to enter their niche market.  Allegiant also sells flights from other airlines on its site.  This tactical move increases customers' awareness of its dominance as a low fare service.

You may not feel like a tech guru yet, but you’re already an expert at navigating one piece of technology - your smartphone!

Choose one of the options below and discuss how you learned to use that feature on your smartphone. Answer in 5-7 sentences

Online Shopping
Voice Controls
Social Media
Your favorite App

Answers

Answer:

Online shopping,

I only recently learned how to do online shopping because of the worldwide pandemic. It was tricky at first. I had to set up my paypal with every store I signed up for. I thought that as soon as I make one account it would access all the other ones. Turned out I was wrong. I had to create one account for amazon then another for forever21 and one H&M. It was a hassle but then eventually I got the hang of it. And now I get notifications for sales and I can get most of my stuff online in a breeze. Although shoe shopping is still puzzling. Because I foot fits differently in different shoe types and brands.

THE END :)

A bank offers to lend you $10,000 for 1 year on a loan contract that calls for you tomake interest payments of $50.00 at the end of each month and then pay off theprincipal amount at the end of the year. What is the effective annual rate on the loan

Answers

Answer:

6.17%

Explanation:

The monthly rate of return on the loan is the monthly interest payment on the loan which is $50 divided by the principal amount borrowed.

The monthly rate of interest =$50/$10,000

The monthly rate of interest =0.50%

However, the effective annual rate is the rate of interest on the loan from an annual basis perspective using the formula below:

effective annual rate=(1+monthly interest rate)^n-1

monthly interest rate=0.50%

n=12(the number of monthly compounding in a year is 12)

effective annual rate=(1+0.50%)^12-1=6.17%

Which statements about junk bonds are correct? Choose three correct answers

Answers

Answer: Edg 2021: A, B, E

Explanation:

Answer: the answers are

White is more than 25 percent in all regions.

At least 85 percent of the cars in every region are white, silver, black, or gray.

All the colors are consistently represented across regions.

Explanation: just incase some people get confused

what is time consuming in business communities​

Answers

Answer: budgeting the money and buying the resources

Explanation:

One of the most important features of a filing and record keeping system is that it works for you and meets your needs true or false

Answers

Answer:

True

Explanation:

In record keeping using the filling method, it is done in-order to keep track of all the important documents and information regarding to the company. This record keeping system could employ the manual method or writing with hand or the electronic method of storing such information using the computer or other electronic device.

why do projects fail ?​

Answers

Because they failed you

Ready Ride is a trucking company. It provides local, short-haul, and long-haul services. It has developed the following three cost pools.
Activity Cost Pool Cost Drivers Estimated Overhead Expected Use of Cost
Driver per Activity
Loading and unloading Number of pieces $97,000 91,500
Travel Miles driven 467,000 585,000
Logistics Hours 62,000 3,150
Compute the activity-based overhead rates for each pool. (Round answers to 2 decimal places, e.g. 12.75.)
Determine the overhead allocated to Job XZ3275 which has 150 pieces, requires 200 miles of driving, and 0.75 hours of logistics. (Round answer to 2 decimal places, e.g. 12.75.)

Answers

Answer:

Part 1

Calculation of activity-based overhead rates

Cost of Each Activity = Cost of Activity ÷ Number of times that Activity is performed

Loading and unloading = $97,000 ÷ 91,500

                                       = $1.06 per piece

Travel = $467,000 ÷ 585,000

           = $0.80 per mile

Logistics = $62,000 ÷ 3,150

               = $19,68

Part 2

Overhead allocation to Job XZ3275

Loading and unloading (150 × $1.06) = $159.00

Travel ($0.80 × 200)                           = $160.00

Logistics ($19,68 × 0.75)                     =    $14.76

Total Overheads                                 = $333.76

An electric iron was sold with 15% profit on selling price. If the profit
was Rs. 330, find the cost price and profit percent on cost price.​

Answers

Answer:

Cost price = Rs. 1,870

As a percentage = 17.65%

Explanation:

The electric iron box was sold with a 15% profit on the selling price. The profit was Rs. 330. It means 15% of the selling price is Rs. 330.

I.e., 15% x SP = Rs.330

SP = Rs. 330/15 x 100

SP = 22 x 100

Sp = Rs. 2200

The selling price is Rs. 2200

if the profit  is Rs.330, the cost price will be

=Rs.2200 - Rs 330

=Rs. 1,870

profit percentage of cost price

=330/1870 x 100

=0.176 x 100

=17.65%

Byron Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $103,000. The equipment will have an initial cost of $423,000 and have a 5-year life. The salvage value of the equipment is estimated to be $80,000. If the hurdle rate is 12%, what is the approximate net present value

Answers

Answer:

The approximate net present value is $41,005.

Explanation:

Note: See the attached excel file for the calculation of the net present value (in red color).

In the attached excel file, the following are used:

n = The particular year in reference

r = hurdle rate = 12%, or 0.12

The approximate net present value is therefore calculate by adding all the present values in the attached excel file from year 0 to year 6 to obtain $41,005.

The Dow Jones Industrial Average Index has an unusual weighting methodology. Unlike the S&P 500, it is weighted by share price. Here are 20 of the 30 members of the Dow Jones on March 20, 2019. If all the shares went up by 5%, which share on the screen shown would have the biggest contribution to an upward movement in the Index?A. General electricB. Exxon Mobil C. Apple D. Goldman Sachs

Answers

Answer:

D. Goldman Sachs

Explanation:

I had to look for a similar question to find the missing information. Goldman Sach's has a weight of 5.117738, while Apple's weight is 4.955504, Exxon Mobil's weight is 2.141696, while General Electric's is not included. Maybe it is not included because it is owned by a Chinese corporation since 2016.

Goldman Sachs, share on the screen shown would have the biggest contribution to an upward movement in the Index. Thus, option (a) is correct.

The weight of Goldman Sachs is 5.117738, compared to Apple's 4.955504, Exxon Mobil's 2.141696, and General Electric's exclusion. Perhaps the reason it isn't listed is that a Chinese company has owned it since 2016?

The one with the largest weight from the listed options would be the one with the biggest contribution to the S&P 500's upward movement if all shares increased in value by 5%.

General Electric is not among the possibilities, Apple has a weight of 4.955, Exxon Mobil has a weight of 2.1417, and Goldman Sachs has a weight of 5.1177. With the most weight, Goldman Sachs would contribute the most.

As a result, the significance of the screen shown would have the biggest contribution to an upward movement in the Index are the aforementioned.

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In special order decisions, management should ensure that special order prices exceed:______.

Answers

Answer: Variable costs

Explanation:

Special orders as the term implies are those that fall out of the regular production schedule but rather were specifically requested for by a customer.

As these are specifically requested or are an extra order, for profit to be made, the cost of this order must exceed the variable costs attached to it. The fixed cost would have already been taken care of by the normal production schedule so does not need to be considered.

Kim, Chris, and Beth are all partners in a cosmetics firm. Kim is leaving the partnership and wants to sell her shares of the business, including the property owned by the partnership, to Chris and Beth. The remaining partners are not interested in buying Kim’s interests. Kim has been unable to find a buyer for her share of the partnership. She has now resorted to asking the court to either sell her shares or sell the entire property. What form of concurrent ownership applies?a. Partition Law Suitb. Tenants in Commonc. Joint Tenancyd. Separate Ownership

Answers

Answer: Joint Tenancy

Explanation:

Based on the information that is given in the question, the form of concurrent ownership that applies is the joint tenancy.

Joint tenancy occurs when two or more individuals own thesame property. As a result, the joint tenants that is, the individuals who own the property share an equal ownership and also have equal right on the property.

Providing incentives for enterprise social network adoption and use is under the ________ best practice. Question 8 options: A) sponsorship B) strategy C) success

Answers

Answer: Support

Explanation:

Strategy has to do with how enterprise social network will aid the achievement of the goals and the objectives of the organization.

Sponsorship has to do with identify and getting a sponsor which will help in the promotion of the ESN. Support is vital as every user ate given access and also gives incentives for.tge adoption of the ESN and its usage.

g Describe the five characteristics of an innovation that assist in determining the rate of acceptance or resistance of the market to a product.

Answers

Answer:

Five attributes of either an invention that help to assess the rate of adoption or opposition are almost as follows.  

Explanation:

This classification system is based on either the user's knowledge of the requirements or commodity and therefore doesn't reflect the real characteristics of the product as well as a commodity. An invention that would be even more consistent with a person's environment including cognitive privileges is more probable to have been fully integrated into something like an individual's health.The magnitude of complexity one which prospective takers are seeing with creativity. Influences the quantity of distribution. Getting open to considering or attempt some invention will promote the pace of acceptance. Advancement might propagate further to the potential customers unless the rewards became aroused.

Loretta is a Captain in the Air Force. In June of 2019, her duty station changed from George Air Force Base in California to Fairchild Air Force Base in Washington. She drove 920 miles and spent $2,500 to move her house items. Lorretta received $2,000 of reimbursement from the military. The moving expenses adjustment is:________.
a. $0.
b. $684.
c. $2,500.
d. $2,684.
e. Mark for follow up

Answers

Answer:

$2500

Explanation:

Based on the information given we were told that She drove 920 miles in which she SPENT the amount of $2,500 to MOVE all her house items which means that The moving expenses adjustment is: $2,500 which is the amount spent in moving all her house item from George Air Force Base in California to Fairchild Air Force Base in Washington.

26. As a result of a successful attempt by government to cut the economic pie into more equal slices?

a. the pie gets larger, and there will be more pie overall.

b. the pie gets smaller, and there will be less pie overall.

c. it increases the reward for working hard, resulting in people producing more goods and services.

d. those who earn more income pay less in taxes.​

Answers

Answer:

B

Explanation:

You write one IBM July 120 call contract for a premium of $10. You hold the option until the expiration date when IBM stock is at $123 per share. How much profit or loss you will realize on the investment

Answers

Answer:

The answer is loss of $7

Explanation:

For the buyer of call profit (long) =

Max[0,(St -Sx)] - P

where St is the underlying price of the security

Sx is the excercise price

P is the premium price paid

Max [0, ($123 - $120)] - $10 =

$3 - $10

Loss of $7

Kirov, Inc. reports credit sales of $200,000 for the year ending December 31, 2015. The year- end unadjusted balance of its Allowance for Doubtful Accounts is a debit of $9,000 Experience suggests 6 percent of its net sales will be uncollectible. The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in its year- end adjusting entry is
A. $3,000
B. $21,000
C. $9,000
D. $12,000
E. $23,000

Answers

Answer:

D. $12,000

Explanation:

Allowance for Doubtful accounts = Credit sales * Rate

Allowance for Doubtful accounts = $200,000 * 6%

Allowance for Doubtful accounts = $12,000

                       Allowance for doubtful account

Particulars                                            Particulars

Balance brought forward  $9,000     Bad debts       $12,000

Balance carried forward    $3,000  

Total                                    $12,000    Total               $12,000

Therefore, the amount to be debited to Bad debts and credited to Allowance for Doubtful accounts is $12,000.

Choose the true statement about Josephson's Core Values Model for ethical decision-making.a.) Profitability is a core value that lies at the heart of the model.b.) The profitability of a company has no place in ethical decision-making.c.) Profitability is one consideration of the model, especially as it relates to stakeholders, but it is not the most important consideration.d.) Considering profitability ensures that the most ethical decision will be made.

Answers

Answer:

c.) Profitability is one consideration of the model, especially as it relates to stakeholders, but it is not the most important consideration.

Explanation:

The main focus of the Josephson's Core Values Model is placed on

trustworthinessrespectresponsibilityfairnesscaringcitizenship

But a corporation's stockholders are also important stakeholders and their needs cannot be simply put aside. The important thing is to satisfy stockholders' needs on an ethical way that benefits all stakeholders including consumers, government entities, the environment, etc.

One way in which you lose financially when buying a new car is​

Answers

A I’m not doing this but pretty sure A

Pop-up Restaurant
A new pop-up restaurant serving high-end street tacos just opened and is expected to have high demand based on the chef's prior restaurant experience. The pop-up restaurant has only one window where customers order and receive their food. It takes an average of 5 minutes to serve a customer. There is no seating available so the customer exits the system after receiving their order. Due to the creative marketing strategy of "hiding" the restaurant location, only 10 customers arrive per hour. There is no specific pattern to the distribution of time between arrivals or service times, but from historical data from prior pop-ups, the coefficient of variation for time between arrivals is 2.58 and service time is 0.75. For new customers, how long do they have to wait in total before they leave with their food?
A. 40 minutes.B. 100 minutes.C. 0 minutes.D. 90 minutes.E. 10 minutes.F. 95 minutes.
G. 45 minutes.H. 20 minutes.I. 50 minutes.J. 15 minutes.

Answers

Answer:

The answer is "Option F".

Explanation:

The arrival rate[tex](\lambda) = 10 \ / \ hour[/tex]

The service rate [tex](\mu) = 1 \ in \ 5 \ minutes = 12\ /\ hour[/tex]

The time of waiting at queue

[tex]\frac{M}{\frac{M}{1}} \ queue, \ W_q, \\\\ \frac{M}{\frac{M}{1}} = \frac{\lambda}{ \mu \times (\mu - \lambda)}[/tex]

   [tex]= \frac{10}{(12 \times (12 - 10))} \\\\ = 0.4167 \ hours \\\\ = 25 \ minutes[/tex]

 It was not a queue for [tex]\frac{M}{\frac{M}{1}}[/tex]. This is a [tex]\frac{G}{\frac{G}{1}}[/tex] queue so because intercom or time intervals differ coefficient is given.

[tex]\to c_a = 2.58\\\\\to c_e = 0.75[/tex]

[tex]\to W_q , \frac{G}{\frac{G}{1}} = \frac{(c_{a}^2 + c_{e}^2)}{2} \times W_q \frac{M}{\frac{M}{1}}[/tex]

             [tex]= \frac{(2.58^2 + 0.75^2)}{2} \times 25 \\\\ = \frac{(6.6564 + 0.5625)}{2} \times 25 \\\\ = 3.60945 \times 25\\\\ = 90.23625\\\\ = 90 \ minutes[/tex]

Therefore, the entire waiting time even before order is issued,

[tex]\to W_s , \frac{G}{\frac{G}{1}} = W_q \frac{G}{\frac{G}{1}} + \text{Avg service time}[/tex]

             [tex]=90+5\\\\=95 \ minutes[/tex]

A collaborative selling environment makes the sales pitch more challenging for salespeople.
True
False

Answers

Answer: True

Explanation:

Collaborative selling has to do with the collaboration and interaction between the customers and the salespersons.

A collaborative selling environment makes the sales pitch more challenging for salespeople. Working together in this case requires patience and problem solving skilss and this ultimately leads to more success, enhance customers satisfaction and also leads to achievement of organizational goals.

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