A bell-shaped curve must be forced into the employee ratings in order for the forced distribution performance appraisal rating method to be used. Hence option B is correct .
What is forced distribution method ?See Managing Employee Performance for further details.
One technique of performance evaluation that "needs a predetermined percentage of employees be graded at varying levels of performance" is forced distribution, also known as forced ranking. (Robert Heneman) For instance, when ranking employees, it is assumed that 10% of them are the "most effective," and 80% are graded.
In order to evaluate an employee's performance, raters must choose between attributes that are equally good or negative. Last but not least, the forced distribution approach necessitates that a rater assign a predetermined percentage or quantity of workers to various performance categories.
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Can someone help me with strategic management assignment?
Strategic management is the process of setting a direction for an organization by defining its mission, target markets, strengths and weaknesses, and values. It also explores the principles of strategy formation and implementation, with a focus on new technologies and innovation.
What are the most important steps in Strategic Management?A strategic management plan consists of several steps. The first step is to assess the current situation. This means taking an objective view of how the company is currently doing in terms of its financial health, customer satisfaction, and market share. Businesses need to know where they are now before they can set out their plans for where they want to end up.
The next step is determining what the company wants to achieve, which should be specific, measurable objectives.
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As a call center agent you have a script that you must read to customers from a computer. A customer calls with an issue but your computer screen is freezing and moving very slowly making it difficult for you to address the issue as scripted.
Customer care teams utilize written instructions called customer service scripts to confirm and address issues or concerns from customers. A customer service script can be used for talks over the phone, and on social media.
What are the difficulties to address the issue as scripted?No matter who is at blame, the first thing you want to do when there is a problem is apologised and show empathy. While you want to assist in their problem-solving, you also want to make sure that their worries are acknowledged and taken seriously.
The basic problems of pricing inaccuracies, order mix-ups, and other product-related concerns are covered in the scripts that follow. when a wrong mailing address is typed. It appears that your order was sent to the incorrect address. I apologize for it. Another is being sent to your address, and it ought to show up there within the next week.
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John needs a new dishwasher and buys it from a store because they had a financing special that offered no interest charges for 12 months. What will the store do if he doesn't pay the entire amount off in that time?
A. It will begin assessing interest on whatever remains to be paid at that point.
B. It will repossess the dishwasher.
C. It will cancel the service contract on the dishwasher.
D. It will charge him all the interest that would have accrued over the year.
The option that will the store do if he doesn't pay the entire amount off in that time is option A. It will begin assessing interest on whatever remains to be paid at that point.
What is the interest about?Assessing interest refers to the calculation and addition of interest charges on a debt or loan balance. It's a way for lenders to compensate for the opportunity cost of not having the loaned amount available for investment or other uses.
Therefore, based on the above, the interest rate, frequency, and method of calculation can vary based on the terms of the loan agreement.
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Answer:
1. If she decides to move, she will not have to deal with selling her home.
2. With each new lease, your rent can go up.
3. You are always driving a new car, which has the latest safety features.
4. It will charge him all the interest that would have accrued over the year.
5. He wants to get the rewards, and he did not want to open another credit card.
Explanation: I took the quick check
April 2018, two men went to a Philadelphia Starbucks to meet a friend. They sat at a table waiting to order and asked to use the restroom. The manager on duty called the police on the two African American men who were wrongfully arrested for trespassing because of poor communication. The video of the arrest went viral and by the next day, #boycottStarbucks was trending on social media. What might have started as a store manager attempting to follow a company policy turned into a racially biased encounter that even the Starbucks CEO called a “reprehensible outcome.” The CEO, Kevin Johnson, instantly released a statement that included a direct apology to the two men. To employees and customers, he said, “You can and should expect more from us. We will learn from this and be better.” He also outlined a list of internal actions the company would take. A month later, Starbucks closed 8,000 stores to train 175,000 employees on racial bias and how to communicate effectively. Realign the entire organization to the company’s core values and mission. Encourage bottom-up feedback from partners on how the company was doing from their perspective. Adopt best practices and review policies that create a culture of inclusion, robust communication, and equality. Recognizing the major failure in their internal communication procedures and how their practices and training led to a bad outcome. The CEO fired the Manager and assigned you to carry out the role as a Manager at Starbucks. The CEO asked you to answer the following questions: Examine and discuss 5 (Five) strategies or tactics that you would use to overcome communication barriers at Starbucks. In addition, please to explain the importance of ethics in Business Communication (10 marks)
Ethics help to build trust and credibility
Five strategies to overcome communication barriers AND ethics in Business CommunicationAs the new Manager at Starbucks, I would use the following five strategies to overcome communication barriers:
Employee training and development: Providing employees with regular training and development opportunities to improve their communication skills and understanding of cultural diversity would be the first step in overcoming communication barriers. This training should include role-playing exercises, active listening, and conflict resolution.
Clear communication policies: Establishing clear and concise communication policies that outline the expectations and responsibilities of employees would help to reduce misunderstandings and prevent incidents like the one that occurred in Philadelphia. These policies should be communicated to all employees and regularly reviewed to ensure they remain relevant.
Active listening: Encouraging employees to practice active listening and to pay attention to non-verbal cues would help to improve communication and reduce misunderstandings. This could be achieved through regular feedback and coaching sessions.
Encouraging feedback: Encouraging employees to provide feedback on communication barriers they face and how they can be overcome would be a key strategy in overcoming these barriers. This feedback could be gathered through regular surveys, focus groups, and one-on-one conversations with employees.
Celebrating diversity: Creating an inclusive work environment that celebrates diversity and promotes cultural awareness would help to reduce communication barriers and improve relationships between employees and customers. This could be achieved through regular cultural awareness events and diversity training.
The importance of ethics in business communication cannot be overstated. Ethics help to build trust and credibility, and are essential for maintaining positive relationships between employees, customers, and the company. Ethical communication practices include being honest, transparent, and respectful, and avoiding discrimination, harassment, and other forms of unethical behavior. By promoting ethical communication practices, Starbucks can maintain its reputation and build a culture of trust and respect that benefits all stakeholders.
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Andrew is a construction driver traveling two hours from his jobsite back to his home. He’s worked on site all week, but is not ill or fatigued. He doesn’t want this commute home to count as “on-duty” time. Can he use an exemption?
It depends on the regulations and exemptions set by the governing authority responsible for overseeing the commercial transportation industry in the region where Andrew is operating. In the United States, the Federal Motor Carrier Safety Administration (FMCSA) sets regulations for the commercial transportation industry, including those related to hours of service for commercial drivers.
What is the exemption about?Under FMCSA regulations, a driver who is not operating a commercial motor vehicle (CMV) and is not performing any work-related duties is considered to be in a personal conveyance status and is not subject to the hours of service regulations.
Therefore, In this case, if Andrew is driving his personal vehicle and is not engaged in any work-related duties during his two-hour commute, he may be able to use the personal conveyance exemption and not have this time counted as "on-duty" time. However, it is important to check the specific regulations and exemptions in his region to ensure compliance.
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Which of the following is NOT a factor cited in the text that affects the strategy for selecting a target market?
A target market is a group of customers with shared demographics identified as the most likely buyers of a company's product or service.
What is a Target Market?A target market, also known as a serviceable attainable market, is a segment of a company's functional available market that the company directs its marketing resources and efforts toward. A target market is a segment of a product or service's overall market.
A target market is a collection of potential buyers too who you identify to market your goods or services. Each group could be split up into more compact units. Typically, segments are classified according to age, region, income, and lifestyle.
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Suppose the price of a gallon of ice cream rises from $4 to $5, and the price of a can of coffee rises from $2 to $2.50. If the CPI rises from 150 to 200, then people likely will buy a. less ice cream, less coffee b. less ice cream, more coffee c. more ice cream, more coffee d. more ice cream, less coffee
Based on the given information, If the CPI rises from 150 to 200, then people likely will buy less ice cream and less coffee. Thus the correct option is A.
What is CPI?The term CPI stands for Consumer Price Index indicates the cost of a market basket of consumer products and services that households purchase on ordinary and weighted terms.
In the given case, it is clearly given that if the cost of both items rises above the CPI, they are being offered above the price at which supply and demand would be balanced, which would ultimately cause demand to fall.
Therefore, option A is appropriate.
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1. Assume you are given the following information about an economy
Combinations Capital goods (‘000) Consumer goods (‘000)
A 60 0
B 50 1
C 30 2
D 0 3
a) Draw the PPF. (capital goods on the Y axis and Consumer goods on the X axis).
b) Explain why the PPF is concave
c) Suppose the economy moves from point B to point C, what is the opportunity cost of doing so?
2. Given the demand for housing, describe the effect of each of the following in terms of whether it would increase or decrease the quantity demanded or the demand for housing. Indicate whether the effect of each of the following is an upward or downward movement along a given demand curve or involves an outward or inward shift in the relevant demand curve for housing. Explain your answers.
a) An increase in housing prices
b) A fall in interest rates
c) A rise in interest rates
d) A severe economic recession
e) A robust economic expansion
3. Describe THREE factors which could cause an upward shift in the supply curve for a product.
4. The demand for Good X is 300 units when its price is £4. Assume that as a result of a price fall, the demand for the good increases to 400 units and the sales revenue falls by £400.
a) Calculate the price of Good X after the fall.
b) Calculate the price elasticity of demand with respect to the fall in its price.
c) State whether elasticity will change with a downward movement along a linear demand curve.
d) Assume that the cross-price elasticity of demand for Good Y which is a complement to Good X is −1.5.
e) Calculate the proportionate change in the demand for Good Y as a result of the fall in price of Good X.
Answer:
1a) The PPF for this economy would be a concave curve, as can be seen in the graph below. The PPF shows the maximum combinations of capital and consumer goods that can be produced in the economy. 1b) The PPF is concave because of the law of increasing opportunity cost. As more of one good is produced, the opportunity cost of producing the other good increases. 1c) The opportunity cost of moving from point B to point C is the loss of 1 unit of capital goods. 2a) An increase in housing prices would cause an upward shift in the demand curve for housing, as consumers would be willing to pay more for housing. 2b) A fall in interest rates would cause an outward shift in the demand curve for housing, as it would become cheaper to borrow money for housing. 2c) A rise in interest rates would cause an inward shift in the demand curve for housing, as it would become more expensive to borrow money for housing. 2d) A severe economic recession would cause an inward shift in the demand curve for housing, as people would have less money to spend on housing. 2e) A robust
Explanation:
The textile industry of Autarka advocates a ban on the import of wool suits. Describe five arguments its lobbyists might make. Give a response to each of these arguments.
The textile industry of Afghanistan advocates a ban on the import of wool suits, and the related arguments should be regarding environmental pollution, the local community, quality control, national security, and domestic production.
What is the significance of the textile industry?The textile industry has many negative consequences, including environmental pollution caused by its chemicals, the ending of domestic jobs, the quality of the product differing from handmade, and so on.
Hence, the textile industry of Afghanistan advocates a ban on the import of wool suits, and the related arguments should be regarding environmental pollution, the local community, quality control, national security, and domestic production.
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The TASTY bakery bakes two types of cakes-A, and B. Cake A requires 20grams of flour, 10 grams of sugar, and 10 grams of butter. Cake B requires 15grams of flour, 20 grams of sugar, and 5 grams of butter. The bakery only has 200 grams of flour, 150 grams of sugar, and 120 grams of butter. The price of each cake A is $5, and the price of each cake B is $4. Under the above circumstances, find out how many cakes of each type TASTY should bake to maximize revenue. (Possible Answer $51)
Under the above circumstances, producing 7 units of cake A and 4 units of B should be baked to maximize revenue. This is solved using the linear programming problem.
What is linear programming?Linear programming, also known as linear optimization, is a method for achieving the best result in a mathematical model with requirements represented by linear relationships. A subset of mathematical programming is linear programming.
The objective function is Max 5X1+4X2,
where X1 and X2 are the number of A and B type of cakes baked respectively
Subject to constraints
20X1+15X2<=200
10X1+20X2 <= 150
10X1+5X2 <= 120
and X1, X2 =>0
Solving by graphical method, we get the points ( 10,0) ( 7,4) and ( 0, 7.5)
Putting in the objective function, we get
Value at (10,0) =5x10 +0 =50
Value at (7,4) = 7x5 + 4x4 =51
Value at ( 0, 7.5) = 0+4x7.5 =30
Therefore, the value of the objective function is highest at ( 7,4) producing 7 units of cake A and 4 units of B will yield best profit.
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The graph is attached below.
2) Haile Resort opened for business on June 1 with eight air conditioned units. Its trial balance on August 31 is as follows.
Haile Resort Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Prepaid Insurance 9,000
Supplies 5,200
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400
Salaries and Wages Expense 89,600
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Br.490,600 Br.490,600
Other data:
1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022.
2. An inventory count on August 31 shows Br.1,300 of supplies on hand.
3. Annual depreciation rates are buildings (4%) and equipment (10%).
4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior to August 31.
5. Salaries and wages of Br.750 were unpaid at August 31.
6. Rentals of Br.1,600 were due from tenants at August 31.
7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per year.
a. Journalize the adjusting entries on August 31 for the 3-month period June 1–August 31.
b. Prepare an adjusted trial balance on August 31.
a) The adjusting journal entries on August 31 to recognize the unrecorded transactions for Haile Resort are as follows:
Adjusting Journal Entries:Account Titles Debit Credit
Insurance Expense Br. 2,250
Prepaid Insurance Br. 2,250
Supplies Expense Br. 3,900
Supplies Br. 3,900
Depreciation Expenses:
Building Br. 2,400
Equipment Br. 800
Accumulated Depreciation:
Building Br. 2,400
Equipment Br. 800
Unearned rent revenue Br. 7,600
Rent Revenue Br. 7,600
Salaries & Wages Expense Br. 750
Salaries & Wages Payable Br. 750
Mortgage Expenses Br. 5,333
Mortgage Expenses Payable Br. 5.333
b) The preparation of an adjusted trial balance for Haile Resort on August 31 is as follows:
Haile Resort
Adjusted Trial BalanceAugust 31, 2022
Debit Credit
Cash Br. 39,200
Rental Receivable 1,600
Prepaid Insurance 6,750
Supplies 1,300
Land 40,000
Buildings 240,000
Accumulated Depreciation Br. 2,400
Equipment 32,000
Accumulated Depreciation 800
Accounts Payable 9,000
Unearned Rent Revenue 1,600
Salaries and Wages Payable 750
Mortgage Interest Payable 5,333
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 181,600
Salaries and Wages Expense 90,350
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Insurance Expense 2,250
Supplies Expense 3,900
Depreciation Expenses:
Buildings 2,400
Equipment 800
Mortgage Interest Expense 5,333
Totals Br.501,483 Br.501,483
What is an adjusting entry?Adjusting journal entries are period-end recognition of business transactions to ensure that the matching and accrual concepts of generally accepted accounting principles are followed.
Analysis of Adjusting Entries:Insurance Expense Br. 2,250 Prepaid Insurance Br. 2,250
Supplies Expense Br. 3,900 Supplies Br. 3,900
Depreciation Expenses: Building Br. 2,400 Equipment Br. 800 Accumulated Depreciation: Building Br. 2,400 Equipment Br. 800
Unearned rent revenue Br. 7,600 Rent Revenue Br. 7,600
Salaries and Wages Expense Br. 750 Salaries and Wages Payable Br. 750
Mortgage Expenses Br. 5,333 Mortgage Expenses Payable Br. 5.333
Haile Resort
Trial Balance AdjustmentAugust 31, 2022
Debit Credit
Cash Br. 39,200
Rental Receivable 1,600
Prepaid Insurance 9,000 - 2,250
Supplies 5,200 - 3,900
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200 - 7,600
Salaries and Wages Payable 750
Mortgage Interest Payable 5,333
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400 + 7,600 + 1,600
Salaries and Wages Expense 89,600 + 750
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Insurance Expense 2,250 (Br. 9,000 x 3/12)
Supplies Expense 3,900
Depreciation Expenses:
Buildings 2,400 (Br. 240,000 x 4% x 3/12)
Equipment 800 (Br. 32,000 x 10% x 3/12)
Mortgage Interest Expense 5,333 (Br. 100,000 x 8% x 8/12)
NB: The mortgage note is dated 1/1/2022 and not 6/1/2022.
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What is the future of anti-aging skincare?
The benefits of an effective anti-aging skincare regimen include retaining skin firmness, refining skin tone, reducing the appearance of fine lines and wrinkles, and increasing brightness and radiance, according to the American Academy of Dermatology.
What age should you start anti-aging skin care?People in their twenties can begin using anti-aging products in their skin care routines, but those in their forties and fifties may see the most effective results. To protect their skin, everyone should apply a moisturizer and sunscreen with at least 30 SPF every day.
Anti-aging medicine is a developing field of medical science and practice. It addresses the underlying causes of aging and seeks to alleviate any age-related illness. Its goal is to increase the healthy lifespan of people who have youthful characteristics.
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Haile Resort opened for business on June 1 with eight air conditioned units. Its trial
balance on August 31 is as follows.
Haile Resort
Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Prepaid Insurance 9,000
Supplies 5,200
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400
Salaries and Wages Expense 89,600
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Br.490,600 Br.490,600
Other data:
1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022.
2. An inventory count on August 31 shows Br.1,300 of supplies on hand.
3. Annual depreciation rates are buildings (4%) and equipment (10%).
4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior
to August 31.
5. Salaries and wages of Br.750 were unpaid at August 31.
6. Rentals of Br.1,600 were due from tenants at August 31.
7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per
year.
Instructions
a. Journalize the adjusting entries on August 31 for the 3-month period
June 1–August 31.
If Haile Resort opened for business on June 1 with eight air conditioned units. Its trial. The journal entry to record this transactions is: Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
What is journal entry?Journal entry is used by companies to record their day to day business transactions.
Haile resort journal entries
Prepaid Insurance:
Debit: Insurance Expense, 9,000
Credit: Prepaid Insurance, 9,000
Supplies:
Debit: Supplies 3,900
Credit: Supplies Expense, 3,900
( 5,200 - 1,300)
Depreciation:
Debit: Depreciation Expense, Buildings, 2400
Credit: Accumulated Depreciation, Buildings, 2400
(Br.240,000 * 4% * 3/12 )
Debit: Depreciation Expense, Equipment 800
Credit: Accumulated Depreciation, Equipment, 800
(Br.32,000 * 10% * 3/12 )
Unearned Rent Revenue:
Debit: Rent Revenue, 7,600
Credit: Unearned Rent Revenue, 7,600
Salaries and Wages:
Debit: Salaries and Wages Payable, 750
Credit: Salaries and Wages Expense, 750
Rent Receivable:
Debit: Rent Receivable, 1,600
Credit: Rent Revenue, 1,600
Debit Interest Expense 2,000
Credit Mortgage Payable 2,000
(100,000 * 8% / 12 * 3 = 2,000)
Therefore the entry is Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
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PLEASE HELP!!!
Which development would most likely cause the demand for a product to increase
A. The number of consumers in a market decreases.
B. Consumers expect the price to fall in the near future
C. Consumer demand for a complementary good increases.
D. Consumer preferences shift away from the product
Answer:
option c is correct,Explanation:
When an individual's income rises, they can buy more expensive products or purchase the products they usually buy in a greater volume. As a result, this causes an increase in demand. Conversely, if incomes drop, then demand is likely to decrease.
The most likely development that would cause the demand for a product to increase is option C.
Which development would most likely cause the demand for a product to increase ?Where consumer demand for a complementary good increases. A complementary good is a product that is typically used together with another product. For example, if the demand for smartphones increases, it may also increase the demand for phone cases, screen protectors, and other accessories that complement the use of a smartphone.
When the demand for a complementary good increases, it can lead to an increase in demand for the primary product as well. For instance, if the demand for smartphones increases, and consumers also need phone cases and screen protectors to use with their smartphones, they will be more likely to buy both products together. This, in turn, leads to an increase in demand for both products.
On the other hand, options A, B, and D are likely to reduce the demand for a product. A decrease in the number of consumers in a market, a decrease in consumer confidence due to the expectation of falling prices, or a shift in consumer preferences away from the product can all lead to a decrease in demand.
In conclusion, an increase in the demand for a complementary good is likely to cause an increase in the demand for a product, while a decrease in the number of consumers, a decrease in consumer confidence, or a shift in consumer preferences away from the product can reduce demand.
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(Just need some ideas and inspiration) What do you consider the most important challenge that will face people in the United States in the years ahead?
Food security, hunger, poverty, population growth, pollution, heatwaves, droughts, and climate change are all interconnected.
What is Food security?Food security refers to the availability of food in a nation and the capacity of its citizens to obtain, afford, and procure enough food.
The United Nations Committee on World Food Security defines food security as everyone having constant physical, social, and economic access to enough, safe, and nourishing food that satisfies their dietary needs and food preferences for an active and healthy life.
Another aspect of food security is the accessibility of food regardless of class, gender, or area.
Food security was a problem many thousands of years ago, as shown by the fact that central governments in ancient China and ancient Egypt were known to release food from storage during famines.
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There are three types of value for
money. Which of the following is NOT a
method of value?
A. inherent
B. market
C. intrinsic
There are three types of value for money. The statement that is NOT a
method of value is: C. Intrinsic.
What are the method of value?Intrinsic is NOT a method of value for money. The three types of value for money are:
Inherent value: refers to the value that a currency or asset has in and of itself, independent of market conditions.
Market value: refers to the value of an asset as determined by supply and demand in the market.
Intrinsic value is not a widely used term in finance or economics, and it is not clear what it refers to in the context of money.
Therefore the correct option is C.
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Questions about BHP's Tintaya Copper Mine. Please Help!! EVERY ANSWER MUST BE 3 PARAGRAPHS
The BHP Tintaya Copper Mine case highlights the importance of corporate social responsibility, stakeholder engagement, and proactive crisis management. Lessons learned from this case include the need for companies to engage with local communities, listen to their concerns, and address any social or environmental issues that may arise. These lessons can be applied to the management practices of other firms by incorporating stakeholder engagement into business strategies, monitoring and others.
What are the other response?2. Managers of BHP’s Tintaya Copper Mine could have analyzed the environment by conducting regular stakeholder engagement and gathering local community feedback. This would have helped to identify any potential social or environmental risks and allowed the company to proactively address them. In addition, monitoring changes in the political, economic, and legal environment would have helped the company prepare for and respond to any potential crises.
3. Managing uncertainty was a difficult task for the executives of BHP’s Tintaya Copper Mine because of the complex and changing nature of the social, environmental, and political risks they faced. Scenario planning can help managers to better prepare for and respond to uncertainty by developing and testing multiple scenarios, which can then be used to inform decision-making and risk management strategies.
4. Key stakeholders in the BHP’s Tintaya Copper Mine case include local communities, government, employees, shareholders, and environmental organizations. To prevent the crisis, it would have been important to collaborate with local communities to understand their concerns and address any social or environmental issues that may arise. Engaging with government and environmental organizations would also have been important to ensure compliance with regulations and to mitigate environmental risks.
5. The important lessons learned from the BHP’s Tintaya Copper Mine case include the importance of corporate social responsibility, stakeholder engagement, and proactive crisis management. By incorporating these lessons into their business practices, companies can improve their reputation and long-term sustainability, while also mitigating social and environmental risks.
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See question below
BHP’s Tintaya Copper Mine Questions:
1.What are the important lessons learned from the BHP’s Tintaya Copper Mine case? How can you apply these lessons learned to the management practices of other firms?
2.Contextual intelligence is an essential managerial skill. How could managers of BHP’s Tintaty Copper Mine have analyzed the environment or its business operations to influence or react to the crisis?
3.For the executives of BHP’s Tintaya Copper Mine, why was managing uncertainty a difficult task? How can scenario planning help you tube manage uncertainty?
4.A stakeholder view of the firm takes into account how multiple groups interact with the firm. Who are the key stakeholders in the BHP’s TINtaya Copper Mine case? Which stakeholders would you have collaborated with to prevent the crisis?
5.What are the important lessons learned from the BHP’s Tintaya Copper Mine case? How can you apply these lessons learned to the management practices of other firms?
archana held a conference call with several clients which of the following statements is most true
The statement that is true about the conference call that Archana has made with the clients would be: Communication channels act as a medium for the flow of information.
What is communication?Communication is the process of exchanging information, ideas, or thoughts between individuals or groups through speech, writing, or other means of expression. It involves a sender who encodes a message, a medium through which the message is conveyed, and a receiver who decodes the message.
Effective communication requires that the sender and receiver have a mutual understanding of the message being conveyed. The purpose of communication can vary, including to inform, persuade, instruct, or entertain. Communication can take place between people face-to-face, over the phone, via email, or through other mediums.
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What is meant by an integrative approach to project management? Why is this approach important in today’s environment
It entails that the organization as a whole can decide which initiatives would best progress the company and support organizational goals, carry those projects out successfully.
What is integrated approach to management?The integrated management method is a type of human management that mixes systematic management with unusual human behavior. It is a comprehensive, stage-by-stage idea built on social interactions, agile processes, and sustainable principles.
Coordination of all project components, including deliverables, activities, resources, and stakeholders, is known as project integration management. Project integration management's mission is to make sure that procedures are effective and achieve predetermined objectives.
Thus, It entails that the organization as a whole can decide which initiatives would best progress.
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Read the case, Target Corporation, and the note, Analyzing Financial Statements (HBS packet). Respond to the following question:
What are the key strategic findings when you evaluate Target's financial position relative to Walmart's?
Having analyzed Target Corporations Financial Statements viz a viz that of Walmart is is clear that, with regard to strategic findings, the liquidity ratios demonstrate Walmart and Target's capacity to meet debt commitments.
What other strategic findings are given?To begin, the current ratio assesses the capacity to pay both short-term and long-term loans. Target's current ratio is higher than Walmart's, indicating that Target has a stronger ability to pay these loans.
Because inventories are more difficult to liquidate than other assets, the fast ratio demonstrates the capacity to pay short-term and long-term obligations without liquidating inventory. Target outperforms Walmart in this category as well.
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Draw and explain the various shapes of the LM curve ?
Answer:
The LM curve is upward sloping: given the money supply and the bond supply, an increase in the national income and product raises the interest rate. We see this property in the reduced form (8) and (9): as y rises, R rises. That the LM curve is upward-sloping is a general result.
Explanation:
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Describe the issues that should be included in a partnership agreement.
Answer: The partnership agreement spells out who owns what portion of the firm, how profits and losses will be split, and the assignment of roles and duties. The partnership agreement will also typically spell how out disputes are to be adjudicated and what happens if one of the partners dies prematurely.
How would you describe China's economy prior to the market-based reforms of the 1980s and 1990s. This system failed to deliver rising living standards to the bulk of China's population. Why?
China had a planned economy prior to the business reforms of the 1980s and 1990s, which were characterized by state ownership of the equipment of production and centralized control over financial decision.
How would you describe China's economy prior to the market-based reforms of the 1980s and 1990s.China had a planned economy prior to the business reforms of the 1980s and 1990s, which were characterised by state ownership of the equipment of production and centralised control over financial decision. Because of its flaws and shortages, this system was unable to provide rising living conditions to the majority of China's population. Low productivity and poor technological advancement were caused by a lack of market incentives and competition, and rampant corruption and resource misallocation were caused by a focus on meeting centralised production targets. The government was unable to effectively predict supply and demand due to the lack of a working price system, which resulted in ongoing shortages and the rationing of products.
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After finishing school, you decide to follow your dream of buying and running
a food truck serving the best Cuban sandwiches and fries.
In order to provide your customers with the highest-quality food possible, you do not
make anything else.
After prepping for several weeks, you're ready for your grand opening. You bought enough
supplies to make 50 meals and know that it will cost you, including one assistant cook,
$5.75 to make each meal.
You've done your research and know that you live in a city where food trucks are all the
rage. You've eaten at many of them and found that they charge, on average, $7.00 for a
meal comparable to what you make.
It's opening day and it is time to decide how much to charge your customers.
In order to charge your customers a sustainable price, you must consider what the competition is doing if any, allowing your markup to be guided based on that as well as your cost of production. Thus, all things being equal a reasonable price to charge considering input costs is: "$6.89.
What is the rationale for the above response?Note that the above principle is slightly below the average market price charged by the competition. Thus, reducing your price will help you enter the market.
Note however that the following assumptions have been made:
1) That your product is as good or better than that of the competition
2) That your business is the situation in a location where there are lots of demand for your product.
It is not always a good strategy to compete using price. The best strategy is to get clients into the door with an initial pricing strategy then compete based on differentiation, offering better services than the competition.
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QUESTION 19
Duplication of data and lack of communication in an organization are usually the result of:
O a. Process complexity
Ob. Product complexity
O c. Network complexity
O d. Customer complexity
Oe. Range complexity
Duplication of data and lack of communication in an organization are usually the result of network complexity. The Option C is correct.
What does the term Network complexity means?The number of nodes and alternative paths in a computer network, as well as the variety of communication media, communications equipment, protocols, and hardware and software platforms found in the network, all contribute to network complexity.
A simple network is a small LAN with no alternative paths, a single communication protocol, and identical hardware and software platforms across nodes.
A complex network is defined as an enterprise-wide network that uses multiple communication media and communication protocols to connect geographically dispersed networks with disparate hardware and software platforms.
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3. XYZ Corp's transactions for the month of October included purchase of $5,000 inventory (on October 2) on account; collection of $1,000 Accounts Receivables; purchase of $6,000 furniture paying half in cash with the balance on account; and payment of $3,500 at the end of October towards the balance owed for the October 2 inventory purchase. On October 22, XYZ also paid the $7,100 balance of an amount owed from September's inventory purchases. If the October 1 balance in the Accounts Payable account was $4,700, what is the balance in Accounts Payable at the end of October? Sketch the T-account, and clearly write the October 31 final balance, on the debit OR credit side. (Sketch only one T-account.)
a) If the October 1 balance in the Accounts Payable account was $4,700, the balance in the Accounts Payable at the end of October was $2,100.
b) The T-account for the Accounts Payable account appears as follows:
T-Account:Accounts PayableDate Account Titles Debit Credit
Oct. 1 Beginning balance $4,700
Oct. 2 Inventory 5,000
Oct. 2 Furniture 3,000
Oct. 30 Cash $3,500
Oct. 22 Cash 7,100
Oct. 31 Ending balance $2,100
Total $12,700 $12,700
Nov. 1 Beginning balance $2,100
What is a T-account?A T-account is an account that shows the debit and credit sides using the double-entry bookkeeping system.
For the Accounts Payable, the T-account normally shows a credit balance because it is a liability account.
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Choose the answer.
Patrice is about to post a message on social media on behalf of her company. What is an important question she should ask herself before posting this message to ensure it is ethically appropriate to share?
Question 2 options:
Will at least 50 percent of the public like the message?
Have I stated the facts accurately?
Did I create a post that will likely go viral?
Will most of our followers repost this message?
Question 3
Choose the answer.
Don is a textbook salesperson and is preparing a pitch for college instructors to encourage them to adopt one of the textbooks he is selling. During his pitch, he brags that his company's textbooks are all written by highly educated men, unlike those of their competitors. After the pitch, his supervisor takes him aside and explains how his presentation was unethical. In what way was it wrong?
Question 3 options:
The information could be considered coercive.
Sharing the information violated the privacy of the authors.
Sharing the information is illegal.
The information presents an unfair bias against women authors.
Question 4
Choose the answer.
Tonya is applying for a promotion and has asked her boss, Blake, to write a letter of recommendation for her. Blake writes a letter in which he explains in detail that Tonya has suffered from major health problems in the last year but has not let her work suffer because of it. What ethical mistake has Blake made?
Question 4 options:
story was not factually accurate
bias against people with health problems
plagiarism
violation of Tonya's privacy
Question 5
Choose the answer.
Michael is always oversharing personal information on social media sites. According to psychologist Sandi Mann, what is one of the main reasons people overshare online?
Question 5 options:
greed
boredom
concern for others
high self-esteem
Answer: b b c b in that order
Explanation:
The questions revolve around ethical considerations in various scenarios, particularly with respect to social media and communication in a professional context. The key consideration in these instances is to ensure accuracy, avoid bias, respect privacy, and regulate appropriate sharing.
Explanation:In answering the posed questions. For Question 2, before posting a message on social media on behalf of her company, Patrice should ask herself, 'Have I stated the facts accurately?'. This is because it's crucial to ensure information consistency and credibility in a corporate setting. For Question 3, Don's unethical act during his pitch was that 'The information presents an unfair bias against women authors'. It is important not to make discriminatory or biased comments in a professional setting. Answering Question 4, The ethical mistake Blake made is the 'Violation of Tonya's privacy'. Personal health information should always be kept confidential unless the owner gives permission to share it. Lastly, for Question 5, the main reason, according to psychologist Sandi Mann, that people like Michael overshare online is 'Boredom'.
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3. Some scholars and practitioners compared the failure rate for small businesses with the divorce rate in marriage and the student failure rate in college. Are these fair comparisons? Why/why not? Discuss in the view of “Goal setting, preparation, perspiration and dedication.
Answer:Whether the comparison of the failure rate of small businesses to the divorce rate or the student failure rate in college is fair depends on the perspective.
From one perspective, comparing the failure rate of small businesses to the divorce rate may be fair because both involve ending a committed relationship or endeavor and are influenced by similar factors such as unrealistic expectations, lack of preparation, and inadequate resources.
However, from another perspective, these comparisons may not be fair because small businesses and marriages or college education involve different levels of investment, risk, and complexity. For example, starting a small business requires much more financial and personal investment than getting married or attending college, and the consequences of failure in each situation can be very different.
In terms of "Goal setting, preparation, perspiration, and dedication," all three situations (starting a small business, getting married, and attending college) require a clear goal, preparation, hard work, and a commitment to success. However, the specific goals, preparations, and level of dedication needed may vary greatly.
Therefore, while these comparisons may provide some insights, it's important to consider the unique challenges and complexities of each situation before drawing broad conclusions.
Explanation:
What Is Money function ?
Generally, the acceptable function of money through the ages are to serve as:
store of valueunit of accountmedium of exchange.What are Money function or used for?Money solves the problems that the barter system created. Money acts as a medium of exchange, which means it acts as a middleman between the buyer and seller. Instead of exchanging accounting services for shoes, the accountant now exchanges them for money.
This money is then spent on shoes. Money must be widely accepted as a method of payment in markets for goods, labor, and financial capital in order to serve as a medium of exchange.
Its must serve as a store of value. This function of money does not require that money is a perfect store of value. In an economy with inflation, money loses some buying power each year, but it remains money. Third, money serves as a unit of account, which means that it is the ruler by which other values are measured.
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2
Part1of3
1.92
Beginning of year
Assets
Liabilitids
End of year
Asseta
Liabilities
Changes during the year
Stock Lesuances
Net Income (loss)
Cash dividende
Company A
$ 39,000
31,999
Equity, and of year
44,000
7
7,020
6,000
10,200
3,500
2,740 O
Company
$ 39,425 $34,960
13,478
21,542
Required:
1a. What is the amount of equity at the beginning of the year for Company A?
1b. What is the amount of equity at the end of the year for Company A?
1. What is the amount of liabilities at the end of the year for Company A?
Required 1A
Required 18 Required IC
What is the amount of equity at the end of the year for Company A
Equity, beginning of year
7,020 -
7
2,000
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Required 1A
Company Company Company
$ 166,475
9,750
5,300
5,875
7
Required 10 >
47,999
80,000
38,438
1
13,121
0
< Prev
95,931
6,500
8,709
11,000
S
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1 a. The amount of equity at the beginning of the year for Company A is $39,000.
1 b. the amount of equity at the end of the year for Company A is $44,000.
1c. the amount of liabilities at the end of the year for Company A is$31,999.
What is equity and calculate it?The ownership stake that shareholders own in a business is referred to as equity.
It is the remaining stake a company has in its assets after liabilities have been subtracted. In other words, equity is the value that would remain for the shareholders after all liabilities and debts have been settled.
The definition of equity can be summed up in the following bullet points:
Reflects the value left over for shareholders after paying off debts and obligations
Represents the net worth of a company
Equity is an important component of a company's balance sheet and is used to measure a company's financial health and stability.
Companies can increase their equity by retaining earnings, issuing stock, or reducing liabilities.
On the other hand, a decrease in equity may indicate financial difficulty and may lead to reduced confidence among investors and creditors.
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