Lack of management control often leads to the existence of accidents causes. Criticize the correct statement of direct and indirect costs on the organization as accident happens.I.Direct costs include the costs of replacement for injured workers.II.Indirect cost includes loss of productivity.III.Direct cost includes loss of time.IV.Indirect cost includes loss of worker commitment and motivation.А.II & IIII & IVС.III & IVD.I & IIB.

Employee productivity is described as the amount of work that is produced by an employee in a…

Answered: Lack of management control often leads…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Rick DeNeefe, manager of the Golden Valley Bank creditauthorization department, recently noticed that a majorcompetitor was advertising that applications for equity loanscould be approved within two working days. Because fastcredit approval was a competitive priority, DeNeefe wantedto see how well his department was doing relative to thecompetitor’s. Golden Valley stamps each application withthe date and time it is received and again when a decision ismade. A total of 99 applications were received in March. Thetime required for each decision, rounded to the nearest hour,is shown in the following table. Golden Valley’s employeeswork 8 hours per day a. Draw a bar chart for these data.b. Analyze the data. How is Golden Valley Bank doing withregard to this competitive priority?
TEST I. Identification: Determine the type business according to activities or operations performed by the business (first blank); and the form of business organization (second blank). 1. Mike, a marketing student, is looking for a business to help him fund his studies. He decides to rent a stall near the institution and hire a sales lady to help him sell the school supplies he buys from Divisoria. Mark-up is usually 25% of the cost. ud d noonut aii bne poi 2. Bo and Ba were best friends since elementary and went to college together and recently passed the board exam for certified public accountants. They decided to form BoBa Auditing Services. 3. Nine mechanical engineers decided to open a plant where they can produce machines to be sold to big factories in order to cut labor cost. Because the cost of starting the business is substantial, they decided to invite incorporators to generate more funds. 4. JC and CK are both engaged in the production of soaps and shampoos. They decided to…
79) Which of the following best describes the benefit of Balanced Scorecard? a) The Balanced Scorecard guarantees a firm financial success for its shareholders and employees. b) The balanced Scorecard guards against the sub -optimization of individual functions by providing a holistic view of different operational measures. c) The balanced scorecard ensures that a firms product strategy is leading the market. d) The balanced scorecard protects the firm from having over-reaching government regulations.
A slotting fee is a payment that a Select one: O a. wholesaler makes to place a new product on a retailer's shelf. tion O b. manufacturer makes to a wholesaler as compensation for warehousing inventory. O c. manufacturer makes to a retailer as compensation for sales not made while the product was on the shelf. O d. manufacturer makes to place a new product on a retailer's shelf. O e. manufacturer makes to have a wholesaler distribute a new product to retailers.
To be effective, an organization must have clearly defined sets of goals and objectives. True lr false
14. If Product Z costs $1000 and Product Y costs $1500 Benefits 2300 units. Benefits 4000 units A.Calculate the perceived value that the customer will get from product Z and Y. (show the formula and the calculation) B.Which one will the customer probably buy ? explain . * Enter your answer
A. Last month, a team of sales personnel recorded a Php40,000.00 monthly gross sales. The manager, in order to recognize the team's efforts, told them that he will give the team a bonus equivalent to of the gross sales for every successful transaction. But at the same time, the team must give the manager an amount that is equal to - of the gross sales for every unsuccessful transaction. The team agreed with the manager's proposal. The manager looked at the team's transaction reports and saw a total of 26 successful and unsuccessful transactions. After a few minutes, the manager concluded that the team will not receive any amount as bonus neither will give any amount to hìm as well. Is the conclusion of the manager really possible? Support your answer with mathematical computations applying the concepts of fractions. B. The monthly incomes of two persons are in the ratio 4 :5 and their monthly expenditures are in the ratio 7: 9. If each saves Php5,000.00 per month, find the monthly…
Which of the following should NOT be included in the analysis of a new product? 1. money already spent for research and development of the new product II. reduction in sales for a current product once the new product is introduced III. increase in accounts receivable needed to finance sales of the new product IV. market value of a machine owned by the firm which will be used to produce the new product V. $1,000,000 the company spent 5 years ago to buy a machine which will be used to produce the new product I and III QI and V II, III, and IV I, II, and IV
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13. Enterprise Risk Management (ERM) is designed to achieve which of the following four categories of objectives, except Group of answer choices None of the choices Strategic, Reporting, Operations, Compliance Operations, Reporting, Compliance, Strategic Strategic, Operations, Reporting, Compliance Reporting, Compliance, Strategic, Operations

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