Answer:
In simple words, implementation process refers to the stage under which the strategies and plans are converted into actions. This is one of the main stages as the overall result depends highly on this stage.
In this stage, the supervisor should make sure that the workers are giving their fullest for the job, are the resources needed to perform the job available in adequate quantity.
The best way to implement any strategy is to make short goals with short time periods and evaluate each phase if he team is performing up to the mark.
Alejandro is probably applying the quantitative viewpoint.
The quantitative viewpoint is the one that lay emphasis on efficiency. This viewpoint means that the questions we form can be best answered with some analytical thinking.
There are different types of managers, however, quantitative viewpoint assumes workers are rational hence focuses on efficiency of workers.
Hence, Alejandro is probably applying the quantitativeviewpoint, which is the type of manager who completely focuses on efficiency, and assumes workers are rational.
Learn more about types of manager here : brainly.com/question/25644417
Alejandro is likely applying the Taylorism viewpoint in management, which focuses on work efficiency and views workers as rational beings. This theory, developed by Fredrick Taylor, is also known as scientific management and encourages task standardization to improve productivity.
Alejandro, who focuses on efficiency and assumes workers are rational, is likely applying the Taylorism viewpoint. This management theory, developed by Fredrick Taylor, is also known as scientific management or "stop-watch management."
Taylorism emphasizes the standardization of work tasks to improve efficiency, often at the loss of human interaction and collaborative work environments. Taylor's system sought to improve factory efficiency by reducing tasks to short, repetitive actions.
Therefore, managers who completely focus on efficiency, as Alejandro does, typically follow Taylor's principles of scientific management. This management style views workers as rational beings who are fundamentally driven by the need for efficiency and productivity in their roles.
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Answer:
operating income increase by 30,413 dollars
Explanation:
We will calculate the income as usuall revenues - expense
We aren't given with other manufacturing cost so we assume this are all the cost involved in the order:
Special Order Revenue: 230 trees at $160 each: 36,800
Special Order Cost:
mold cost: 5,000
variable cost: 230 trees x 6.03 dollars = 1,387
Total cost for the order: 6,387
Financial outcome: 36,800 - 6,387 = 30,413
The special order from the local shopping mall would increase the Faux Trees Company's operating income by $22,413.10.
To determine the change in the operating income due to this special order, we must first calculate the total revenue and total costs associated with the order. The total revenue can be calculated as the product of the offered price per tree ($160) and the number of trees ordered (230), which equals $36,800.
The total cost is the sum of the initial investment for the molds ($5000), plus the variable cost per tree ($6.03) multiplied by the number of trees (230), which equals $6386.90.
So, the change in operating income, or profit, due to this special order can be found by subtracting the total costs ($6386.90 + $5000) from the total revenue ($36800). In this case, the special order would increase the company's operating income by $22,413.10.
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Answer:
B. Expected Return and Beta
Explanation:
The security market line displays the expected return of an individual asset as a function of it systematic risk (the diversifiable risk) as identified by beta if an asset is correctly priced it lies on the SML and if it lies above the SML it is undervalued because they yield a higher return for a given amount of risk and if it lies below the SML it is overvalued because for a given amount of risk it yield a lower return.
Answer:
Increase in profit $ 1900
Explanation:
To determine the additional profit from the special order, we would consider only the costs and revenue relevant to the special order decision:
Unit relevant cost = Total variable cost/Units produced
Total variable costs = 86,000 + 12,000 =$98000
Unit relevant cost = 98,000/8,000 = $12.25
Note that fixed costs are irrelevant, whether or not the special order is accepted the fixed manufacturing and administrative expenses would be incurred. Hence, they are excluded from the computation.
$
Revenue from the special order ( $14× 2,000) = 28,000
Relevant costs of special order ( $12.25× 2,000) (24,500)
Cost of special tools (1,600)
Increase in profit 1900
Answer:
Yes, Kevin has an enforceable security interest
Explanation:
Judging from the perception of simple contract, which is a legally binding contract on parties that have entered into it,for the contract to be legally enforceable the following conditions must be met.
There must be an agreement between parties involved,this is demonstrated by Kevin offering to loan Francine $1500, which was met the latter's acceptance.
Consideration is when both parties promises to give something of value in exchange for value received, which is also satisfied in this case,as Francine promises to return $1500 in exchange for same amount borrowed and by extension Kevin has right to repossess the cart.
Lastly, both parties intended to create legally enforceable relations as well the fact that they are both capable (of age) and the transaction entered is legal in law parlance.
In conclusion, the above points show that Kevin has an enforceable security interest.
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