The 21st Century is a VUCA-driven (Volatility, Uncertainty, Complexity, and Ambiguity) world where the old "scientific management" of command and control is no longer efficient and effective as a form of "managing". A VUCA-driven world demands imaginative, agile, creative, and collaborative attributes among other management skills to deal with this new world where technological innovation is growing at an unprecedented exponential rate. Briefly discuss the four dimensions of strategy, learning, knowledge, and trust from the changing nature of management in the context of MTI.
NB: DO NOT COPY AND PASTE THE NOTES, READ THE NOTES AND CONTEXTUALIZE THEM WHEN ANSWERING THIS QUESTION. COPY AND PASTE OF NOTES WILL EARN YOU A ZERO MARK. SEE MARKING GUIDELINES ON THE NEXT PAGE.

Answers

Answer 1

The 21st century, traditional management approaches based on command and control are no longer effective. Instead, management requires a focus on strategy, learning, knowledge, and trust to navigate the volatile, uncertain, complex, and ambiguous environment.

Strategy plays a crucial role in the changing nature of management. In a VUCA world, organizations need to be proactive and adaptable, continuously evaluating their competitive landscape and identifying opportunities for innovation.

Effective strategy formulation and execution allow businesses to navigate uncertainty and volatility, positioning them for success in the rapidly changing marketplace.

Learning is another critical dimension of management in a VUCA-driven world. With technological innovation accelerating at an exponential rate, organizations must foster a culture of continuous learning.

This involves encouraging employees to develop new skills, stay updated with industry trends, and embrace a growth mindset. Learning not only enables individuals to adapt to changes but also promotes organizational agility and resilience.

Knowledge management is vital in managing the complexities of the VUCA world. Organizations must capture, share, and leverage knowledge effectively to make informed decisions and drive innovation.

This includes implementing robust knowledge-sharing systems, fostering collaboration across teams, and creating a culture that values and rewards knowledge creation and dissemination.

Lastly, trust plays a significant role in the changing nature of management. In a VUCA-driven world, leaders must cultivate trust among team members and stakeholders.

Trust enables open communication, collaboration, and risk-taking, fostering an environment where innovative ideas can flourish. Building trust requires transparent and ethical leadership, active listening, and empowering employees to contribute their unique perspectives and ideas.

Learn more about management here:

https://brainly.com/question/32216947

#SPJ11


Related Questions

Suppose you win the Publishers Clearing House Sweepstakes. The money is to be paid in equal, annual installments o $1262 at the end of each year to the next 29 years. If the appropriate discount rate is 4.8%, how much is the sweepstakes worth today?

Enter your answer as a number with 2 places of precision (ie 1.23) Do not include dollar signs or comments.

Answers

The present value of the Publishers Clearing House Sweepstakes winnings, which are paid in equal, annual installments of $1262 for the next 29 years, with a discount rate of 4.8%, is approximately $22,004.69.

To calculate the present value of the sweepstakes winnings, we can use the formula for the present value of an annuity. The formula is:

PV = C * [(1 - (1 + r)^(-n)) / r]

Where:

PV = Present value

C = Cash flow per period

r = Discount rate

n = Number of periods

In this case, the cash flow per period (C) is $1262, the discount rate (r) is 4.8%, and the number of periods (n) is 29 years.

Plugging in these values into the formula, we can calculate the present value:

PV = $1262 * [(1 - (1 + 0.048)^(-29)) / 0.048]

PV ≈ $22,004.69

Therefore, the sweepstakes winnings are worth approximately $22,004.69 today, considering the equal, annual installments of $1262 to be received over the next 29 years and a discount rate of 4.8%.

Learn more about Cash flow per period here:

https://brainly.com/question/32991400

#SPJ11

Susan and Stan Britton are a married couple who file a joint income tax return, where the tax rates are based on the tax table \( 3.5 \). Assume that their taxable income this year was \( \$ 390,000 \

Answers

The amount of income tax for a married couple who file a joint tax return, based on the given taxable income of $390,000, using the tax table at a tax rate of 3.5% is $13,435.

What is an income tax?Income tax refers to the tax levied on the income of individuals or businesses by the government, both federal and state. It is computed by taking into account the income, standard deductions, and tax credits of the individual. There are a variety of rates that apply to various types of income and filing statuses when it comes to income taxes.

Therefore, the tax tables provide the information necessary for calculating the tax rate that corresponds to the taxpayer's filing status and income range.Using the tax table, to determine the tax due on the taxable income of $390,000 at a rate of 3.5%:First, we need to determine the income range that corresponds to the taxable income of $390,000 in the tax table.

Since the taxable income of $390,000 is greater than the $168,400 maximum amount of the 24% tax bracket, the couple is in the 32% tax bracket.Using the tax table for married filing jointly returns for the taxable income range of $321,450 to $408,200, the income tax is calculated as follows:Taxable income: $390,000Tax rate: 32%Tax amount: $13,435

Therefore, the amount of income tax for a married couple who file a joint tax return, based on the given taxable income of $390,000, using the tax table at a tax rate of 3.5% is $13,435.

To know more about Joint tax visit
https://brainly.com/question/33499982
#SPJ11

Mindy is purchasing an annuity at age 30. Which one of the following annuities would most likely pay the most per year? Installment refund life annuity Life annuity with a five-year guarantee period 10 -year term certain annuity Straight life annuity

Answers

The straight life annuity would most likely pay the most per year. the correct answer is D).

Among the given options, the straight life annuity is likely to pay the most per year. This is because the straight life annuity provides regular payments for the lifetime of the annuitant without any additional features or guarantees.

Other annuities, such as the installment refund life annuity, life annuity with a five-year guarantee period, and 10-year term certain annuity, include provisions that offer refunds or guarantees for a specified period.

These additional features lower the annual payments of the annuities to account for the potential payouts in the event of the annuitant's death or within the guarantee period. Therefore, the straight life annuity, without such provisions, typically offers higher annual payments. The correct option is D).

To know more about regular payments:

https://brainly.com/question/32502566

#SPJ4

--The given question is incomplete, the complete question is given below " Mindy is purchasing an annuity at age 30. Which one of the following annuities would most likely pay the most per year?

a, Installment refund life annuity

b, Life annuity with a five-year guarantee period

c, 10 -year term certain annuity

d, Straight life annuity"--

According to Thamhain and Wilemon’s theory (1977), project managers can influence the project teams in ways that either lead to the success or failure of the projects. Evaluate this theory using the concepts of ‘intrinsic motivation’ and ‘extrinsic motivation. explain how ‘expert power’ is applicable to the theory.

Answers

Intrinsic motivation is an internal desire to perform a task well, with the intention of feeling good about oneself. In contrast, extrinsic motivation is driven by external incentives, such as monetary rewards or promotions. According to the theory, project managers have the power to influence the motivation level of the project team members, which can either lead to project success or failure.

The theory suggests that project managers must be aware of both types of motivation to create a positive work environment that promotes creativity and encourages a sense of responsibility for project outcomes. When project team members are motivated intrinsically, they are more likely to work harder and perform better on the project. In comparison, when they are motivated extrinsically, they may lose interest in the project if they feel that the rewards are insufficient.

Expert power is applicable to the theory because project managers who are experts in their field can provide a sense of security and guidance to the project team members. When the project team members have trust in the project manager's expertise, they are more likely to work harder and produce better results.

In conclusion, according to Thamhain and Wilemon's theory (1977), project managers can influence project teams in ways that either lead to the success or failure of the projects. The theory can be evaluated using the concepts of intrinsic motivation and extrinsic motivation. Expert power is relevant to the theory as well. Project managers who are experts in their field can provide a sense of security and guidance to the project team members.

Learn more about  Thamhain and Wilemon's theory https://brainly.com/question/13767370

#SPJ11

A coupon bond that pays interest annually has a par value of $1,000, matures in 5 years, and has a yield to maturity (market rate) of 10%. The intrinsic value of the bond today will be if the coupon rate is 7%.
A) $712.99
B) $620.92
C) $1,123.01
D) $886.28
E) $1,000.00

Answers

D) $886.28 the of the bond today is calculated to be $886.28, which is lower than its par value of $1,000.00.

The intrinsic value of a bond is the present value of its future cash flows, discounted at the market rate (yield to maturity). In this case, the coupon rate is 7%, lower than the market rate of 10%. As a result, the bond will trade at a discount. By applying the present value formula to the bond's cash flows, the intrinsic value of the bond today is calculated to be $886.28, which is lower than its par value of $1,000.00.

Learn more about intrinsic value here:

https://brainly.com/question/30905526

#SPJ11

If there is excess demand in a perfectly competitive market, does the government need to intervene to restore the equilibrium price and quantity? Why or why not?

Answers

No, the government does not need to intervene in a perfectly competitive market value to restore the equilibrium price and quantity when there is excess demand.

In a perfectly competitive market, prices and quantities are determined by the forces of supply and demand without any external interference. When there is excess demand, the price naturally increases, which sends a signal to producers to increase their supply in response to the higher price.

This adjustment mechanism is known as market self-correction, and it occurs through the interaction of buyers and sellers. As the price rises, it incentivizes producers to increase production, leading to an expansion of supply. Eventually, this increased supply will meet and eliminate the excess demand, bringing the market back to equilibrium.

Government intervention in the form of price controls or quantity restrictions can disrupt the natural functioning of the market and lead to inefficiencies. In a perfectly competitive market, allowing market forces to operate freely is generally considered the most efficient way to restore equilibrium.

To know more about market value visit:

brainly.com/question/27993050

#SPJ11

Assume that Smart Technologies Corp. (a U.S company) will have to pay £80 million in 90 days for its purchase order. It has collected the following information:
- 90-day U.S. interest rate =7% per annum [Note: this is the annualized rate]
- 90 -day British interest rate =8% per annum
- 90-day forward rate of British pound =$1.24 - Spot rate of British pound =$1.19
- The 90-day call option on £80 million with a strike price of $1.20/£ has a premium of $0.011 per pound.
- The 90 -day put option on £80 million with a strike price of $1.31/£ has a premium of $0.021 per pound.

Smart Technologies is concerned with the volatile exchange rate between the dollar and the pound and would like to hedge exchange rate exposure.
a) Compute the guaranteed dollar cost for the order if Smart Technologies decides to hedge using a forward contract.
b) If Smart Technologies decides to hedge using money market instruments (MMH), what action does Smart Technologies need to take? (List all the steps needed). What would be the guaranteed dollar cost for the order in this case?
c) If Smart Technologies decides to hedge using options on pounds, what option (call or put) it needs to use? What would be the 'expected' dollar cost? Assume that Smart Technologies regards the current forward exchange rate as an unbiased predictor of the future spot exchange rate.
d) Recommend a hedge method for Smart Technologies and explain using the numbers you got from the previous questions (a) to (c).
e) Other things being equal, at what forward rate would Smart Technologies be indifferent between the forward and money market hedge?

Answers

(a). The guaranteed dollar cost for the order if Smart Technologies decides to hedge using a forward contract is $99.2 million.

(b). The guaranteed dollar cost for the order in this case is $81.76 million.

(c). The 'expected' dollar cost is $92.8 million.

(d).  The forward contract is recommending a hedge method for Smart Technologies and explain using the numbers you got from the previous questions (a) to (c).

(e).  At $1.24 forward rate would Smart Technologies be indifferent between the forward and money market hedge.

(a). Compute the guaranteed dollar cost for the order if Smart Technologies decides to hedge using a forward contract.

As per data,

Amount to be paid by Smart Technologies Corp. (a U.S company) = £80 million, Spot rate of British pound = $1.19 90, -day forward rate of British pound = $1.24, Guaranteed dollar cost for the order if Smart Technologies decides to hedge using a forward contract will be as follows:

Guaranteed dollar cost for the order = £80 million × $1.24/£

                                                            = $99.2 million.

(b). If Smart Technologies decides to hedge using money market instruments (MMH),

what action does Smart Technologies need to take? (List all the steps needed).

What would be the guaranteed dollar cost for the order in this case?Smart Technologies can invest in the UK at the UK interest rate and pay the bill when it comes due.

Smart Technologies will receive the following amount in 90 days:

$80 million × (1 + 0.08 × (90/360)) = $81.76 million

Guaranteed dollar cost for the order in this case will be $81.76 million.

(c). If Smart Technologies decides to hedge using options on pounds, what option (call or put) it needs to use?

What would be the 'expected' dollar cost?

Assume that Smart Technologies regards the current forward exchange rate as an unbiased predictor of the future spot exchange rate.

As per data,

Call option on £80 million with a strike price of $1.20/£ has a premium of $0.011 per pound.

Put option on £80 million with a strike price of $1.31/£ has a premium of $0.021 per pound, Smart Technologies will buy a call option on pounds with a strike price of $1.24/£.Expected dollar cost can be calculated using the following formula:

Expected dollar cost = $80 million × (1.24 + 0.011 − 1.19)

                                  = $92.8 million.

(d). Recommend a hedge method for Smart Technologies and explain using the numbers you got from the previous questions (a) to (c).

The best hedge method for Smart Technologies is hedging using the forward contract because it has the lowest guaranteed dollar cost of $99.2 million compared to the other two methods.

(e). Other things being equal, at what forward rate would Smart Technologies be indifferent between the forward and money market hedge?

The guaranteed dollar cost of hedging using the forward contract and money market hedge is the same.

$99.2 million = $80 million × F

Where F is the unknown forward rate.

F = $99.2 million/$80 million

  = 1.24

Considering this, Smart Technologies would be indifferent between the forward and money market hedge at a forward rate of $1.24.

To learn more about Money market instruments from the given link.

https://brainly.com/question/30502972

#SPJ11


blog post about how to create a brand action plan

Answers

Creating a brand action plan is a crucial step in building a successful brand. An effective brand action plan will help you clarify your brand’s purpose, values, and objectives

Here are some steps to follow:

1. Identify your target audience: Define who your ideal customer is and what their needs are. This will help you create a message that resonates with them.

2. Define your brand: Clarify your brand’s mission, vision, values, and personality. This will help you create a consistent brand identity that customers can recognize.

3. Conduct a brand audit: Analyze your brand’s strengths, weaknesses, opportunities, and threats. This will help you identify areas that need improvement.

4. Develop a messaging strategy: Create a message that communicates your brand’s value proposition to your target audience.

5. Create a marketing plan: Identify the channels and tactics that you will use to promote your brand.

6. Track your progress: Monitor your brand’s performance and adjust your action plan accordingly.

By following these steps, you can create a brand action plan that will help you build a successful brand.

To learn more on marketing:

https://brainly.com/question/25369230

#SPJ11

Some organizations decide to implement teams because of the many benefits that are likely to accrue from doing so. However, "doing teams" may not necessarily work as expected. Why is this so? Discuss situations that may or may not benefit from a team process.

Answers

The success of implementing teams depends on factors such as clear communication, effective leadership, a supportive organizational culture, and the alignment of team processes with the specific needs and goals of the organization.

While implementing teams in organizations can bring various benefits, it is important to recognize that "doing teams" may not always work as expected. Several factors contribute to this:

1. Lack of clarity: Without clear goals, roles, and responsibilities, teams may struggle to achieve desired outcomes. Lack of proper direction and guidance can lead to confusion and inefficiency.

2. Poor communication: Effective communication is crucial for successful teamwork. If there are communication gaps or issues within the team, it can hinder collaboration, coordination, and decision-making.

3. Conflict and interpersonal issues: Team dynamics can be complex, and conflicts or interpersonal issues among team members can arise. Unresolved conflicts or a lack of trust can create tension and negatively impact team performance.

4. Lack of diverse skills and perspectives: While teams can benefit from diverse skills and perspectives, a team composed of individuals with similar backgrounds or expertise may face limitations in problem-solving and innovation.

5. Ineffective leadership: Strong leadership is essential to guide and support teams. Without competent leaders who can provide direction, motivate team members, and address challenges, teams may struggle to function effectively.

Situations that may benefit from a team process:

- Complex projects requiring diverse expertise: Teams can bring together individuals with different skills and knowledge to tackle complex problems and generate innovative solutions.

- Tasks that require collaboration and coordination: Teamwork is beneficial when tasks require close coordination, such as in project management or cross-functional initiatives.

- Creativity and idea generation: Teams can foster creativity and brainstorming sessions, encouraging the exploration of different perspectives and generating a wide range of ideas.

Situations that may not benefit from a team process:

- Time-sensitive decisions: In situations where quick decision-making is crucial, a team process involving lengthy discussions and consensus-building may hinder timely action.

- Simple and routine tasks: For tasks that are straightforward and routine, individual work may be more efficient and productive.

- Lack of clear goals or direction: If the objectives and expectations are not clearly defined, teams may struggle to function effectively and achieve desired outcomes.

To know more about consensus, visit:

https://brainly.com/question/33107572

#SPJ11

Cost-effectiveness is a sufficient condition of efficiency.
Select one: True False

Suppose the net benefits are summable and transferrable among individuals. If we can increase the social net benefit from the status quo, a Pareto improvement is also possible.
Select one: True False

Answers

The second statement, "If we can increase the social net benefit from the status quo, a Pareto improvement is also possible," is True. A Pareto improvement occurs when at least one person's situation improves without making anyone else worse off.

If the social net benefit can be increased, it implies that there is potential for a Pareto improvement.

The first statement, "Cost-effectiveness is a sufficient condition of efficiency," is False. Cost-effectiveness is a concept that focuses on achieving a specific goal at the lowest cost, but it does not guarantee overall efficiency.

Cost-effectiveness refers to the ability to achieve a specific outcome or goal at the lowest cost possible. While cost-effectiveness is important and can contribute to efficiency, it is not sufficient to determine overall efficiency.

Efficiency involves achieving the optimal allocation of resources to maximize overall welfare, taking into account both costs and benefits.

Regarding the second statement, a Pareto improvement occurs when it is possible to make at least one person better off without making anyone else worse off. If the social net benefit can be increased, it suggests that there is potential to improve the overall well-being of society.

This aligns with the concept of Pareto improvement, as it implies a positive change that benefits at least one individual without negatively affecting others.

To learn more about, improvement:-

brainly.com/question/28231436

#SPJ11

The organization culture and style influence how an organization conducts its projects. This statement is:
a. True, but only when the project teams are located in different countries
b. False, because the projects are fully conducted by newly created teams
c. False
d. True

Who is responsible for identifying stakeholders?
a. The project management team
b. Project sponsor
c. Project Initiator
d. Performing organization manager

You are managing a large project with 20 key internal stakeholders, eight contractors, and six team leaders. You must devote attention to Not yet effective integrated change control. This means you are concerned primarily with: answered Marked out of
a. Integrating deliverables from different functional specialties on the project 2.00
b. Maintaining baseline integrity, integrating product and project scope and coordinating change across knowledge areas Flag question
c. Establishing a change control board that oversees the overall project changes
d. Reviewing, approving and managing changes

Answers

The correct answers are:

The statement "The organization culture and style influence how an organization conducts its projects" is true. The culture and style of an organization can significantly impact how projects are approached, managed, and executed. It affects communication, decision-making processes, collaboration, and overall project success.

The responsible party for identifying stakeholders is the project management team. While the project sponsor and project initiator may have input and involvement in stakeholder identification, it is ultimately the responsibility of the project management team to identify and engage relevant stakeholders throughout the project lifecycle.

If you are primarily concerned with "Not yet effective integrated change control," the answer is b. Maintaining baseline integrity, integrating product and project scope, and coordinating change across knowledge areas. This involves ensuring that the project's scope, deliverables, and changes are properly managed, integrated, and coordinated across different functional areas and stakeholders to maintain the project's overall integrity and alignment with objectives.

To know more about organization culture click this link -

brainly.com/question/15013256

#SPJ11

If beta = 1, real risk free rate = 2%, and the market risk premium = 4%, then the weighted average cost of capital is?

If beta = 1, real risk free rate = 2%, and the market risk premium = 4%, then the cost of equity is?

Answers

The cost of equity is 6%. The weighted average cost of capital (WACC) is 6%.

Given:β = 1, real risk-free rate = 2%, and the market risk premium = 4%

1. The cost of equity is the return that shareholders expect on their investment in the company, which is calculated as:

Cost of equity = Risk-free rate + Beta × (Market risk premium)

By substituting the given values we get,

Cost of equity = 2% + 1 × 4% = 6%

Therefore, the cost of equity is 6%.

2. Weighted average cost of capital (WACC) is calculated as:

WACC = (Cost of equity × Equity weight) + (Cost of debt × Debt weight)

Here, since the debt rate is not given, the weight of debt is assumed to be zero. Hence, only the cost of equity is considered.

WACC = (Cost of equity × Equity weight) + (Cost of debt × Debt weight)

           = (Cost of equity × 1) + (Cost of debt × 0)

           = Cost of equity = 6%.

Therefore, the weighted average cost of capital (WACC) is 6%.

To learn more about cost of equity click here: brainly.com/question/24008548

#SPJ11

What is the opportunity cost of increasing baked beans
production from 20 to 50 tins? Would this economy want to move to
this production combination? Explain it pls.

Answers

Opportunity cost of increasing baked beans production from 20-50 tins depends on comparative advantage and resource allocation trade-offs.

The opportunity cost of increasing baked beans production from 20 to 50 tins refers to the value of the alternative goods or services that could have been produced with the same resources. It represents the trade-off or sacrifice made when choosing to produce more baked beans.

To determine the opportunity cost, we need to consider the resources used in baked beans production and their potential alternative uses.

For example, if the resources used to produce the additional 30 tins of baked beans could have been used to produce 10 tins of another product, the opportunity cost would be the forgone production of those 10 tins.

Whether the economy wants to move to this production combination depends on the comparative advantage and trade-offs involved.

If the opportunity cost of producing the additional 30 tins of baked beans is relatively low compared to the benefits gained from the increased production, it might be desirable to move to this production combination.

However, if the opportunity cost is high and the alternative use of resources provides greater benefits, the economy may prefer allocating resources to other goods or services.

It ultimately depends on the specific circumstances, such as consumer demand, resource availability, and the overall goals of the economy.

Learn more about Opportunity cost here:

https://brainly.com/question/31580865

#SPJ11

South Africa is faced three "evils" as some people and organizations refer to the systemic socio-economic challenges of poverty, inequality, and unemployment. South Africa is one of the most unequal societies in the world with a Gini coefficient of 0.63. The Gini coefficient is a statistical measure of economic inequality in a population. The coefficient measures the dispersion of income or distribution of wealth among the members of a population. The July 2021 uprising is a symptom of this growing inequality. Technological innovation has played a significant role in the economic transformation of the East Asian economies (Kim and Nelson 2000) giving rise to the phenomenon of Asian Tigers which have seen countries such as South Korea, China, Japan, and Taiwan among other East Asian countries benefiting from technological innovation and radically transforming the socio-economic landscapes of their countries. Discuss the role of management of technological innovation (MTI) from a corporate, and national perspective and what South Africa should be focusing on in the context of MTI from a corporate and national perspective.

Answers

In South Africa, the systemic challenges of poverty, inequality, and unemployment highlight the need for effective management of technological innovation both at the corporate and national levels. This discussion will address the role of MTI in addressing these challenges and suggest areas of focus for South Africa in the context of MTI.

Technological innovation has the potential to drive economic transformation and address socio-economic challenges. From a corporate perspective, effective MTI can enhance productivity, competitiveness, and job creation.

Companies in South Africa should prioritize investing in research and development, fostering a culture of innovation, and leveraging technology to improve efficiency and expand market reach.

On a national level, South Africa should focus on developing a supportive ecosystem for MTI. This includes investing in education and skills development to create a skilled workforce capable of driving innovation.

Collaboration between industry, academia, and government is crucial to create an enabling environment for technological innovation. Policies and incentives should be implemented to attract foreign direct investment in technology sectors and promote entrepreneurship and start-up culture.

Additionally, addressing inequality and promoting inclusive growth should be a key consideration in the context of MTI. This can involve initiatives to bridge the digital divide, provide access to technology and digital skills training for marginalized communities, and support inclusive innovation that addresses the needs of the most vulnerable populations.

Overall, effective management of technological innovation can play a significant role in addressing the systemic challenges faced by South Africa.

By prioritizing MTI at both the corporate and national levels, South Africa can foster economic growth, reduce inequality, and create sustainable employment opportunities.

Learn more about productivity here:

https://brainly.com/question/30333196

#SPJ11

case study related to employment relations and rights with real
life examples in simple language ( 2000 words )

Answers

Title: Employment Relations and Rights: Real-Life Case Studies

Employment relations and rights play a crucial role in shaping the dynamics between employers and employees. This case study explores real-life examples that highlight various aspects of employment relations and the protection of workers' rights.

These case studies illustrate both positive and negative instances, demonstrating the importance of fair treatment, collective bargaining, and legal frameworks in ensuring a healthy work environment.

1. Case Study: Workers' Rights Violation in a Garment Factory

In a garment factory located in a developing country, workers were subjected to poor working conditions, long hours, and low wages. Many employees faced physical and verbal abuse from their supervisors. These workers lacked job security and had limited access to healthcare and social protection. The factory owners neglected workers' rights, leading to protests and international scrutiny. Eventually, labor unions and human rights organizations collaborated to raise awareness and advocate for improved working conditions. This case highlights the significance of workers' rights protection, the need for labor unions, and the power of collective action to bring about change.

2. Case Study: Employee Empowerment and Workplace Satisfaction

In a tech startup, the management implemented a participatory approach to decision-making and employee empowerment. They fostered a culture of open communication, trust, and respect. Employees were encouraged to contribute ideas, provided opportunities for professional development, and offered flexible working hours. This resulted in high employee satisfaction, increased productivity, and a positive work environment. This case demonstrates the benefits of employee empowerment, recognizing that a motivated and engaged workforce contributes to organizational success.

3. Case Study: Wage Gap and Gender Discrimination

A multinational corporation faced accusations of gender-based wage discrimination. Female employees discovered significant pay disparities compared to their male counterparts, despite performing similar roles with equal qualifications and experience. The issue gained media attention, leading to public pressure and demands for pay equity. The company had to reassess its pay structure, implement fair wage policies, and undergo an audit to rectify the gender pay gap. This case highlights the importance of equal pay for equal work, the role of activism and public awareness in addressing gender discrimination, and the need for organizations to ensure pay equity.

4. Case Study: Collective Bargaining for Fair Working Conditions

In a manufacturing plant, workers organized a labor union to negotiate for better working conditions and higher wages. The union engaged in collective bargaining with the management, presenting evidence of unsafe working conditions and inadequate compensation. Through negotiations, they secured improved safety measures, reduced working hours, and higher wages for the employees. This case emphasizes the power of collective bargaining as a mechanism for workers to address grievances, negotiate fair terms, and establish a balance of power in the employment relationship.

Conclusion:

These real-life case studies shed light on the complex dynamics of employment relations and workers' rights. They illustrate the need for robust legal frameworks, fair treatment, and collective action to ensure the protection of workers and foster positive work environments. By learning from these examples, employers and employees can strive for better working conditions, equal opportunities, and respectful employment relationships. Ultimately, recognizing and upholding employment rights is crucial for a just and inclusive society.

learn  more about manufacturing here :

https://brainly.com/question/29489393

#SPJ11

1000 Coles workers were offered a choice between one of two policies for accident insurance. Each operator can only choose one insurance policy at the beginning of their contract. The insurance package includes all items mandated by the government including comprehensive health cover. Here are some details about the options they can choose from:

➢ Policy X: If the operator makes any claims against the policy, the company will give her the total amount of the claims minus the deductible. Policy X has a deductible of $1800 which will be subtracted from the total claims. If the claim in one year totals less than $1800, the company will pay nothing. If the claim exceeds $1800, the company will pay all the amounts above $1800. The premium for policy X for one year is $2200.

➢ Policy Y: If an operator doesn’t make any claims, the company will give her $1800 back at the end of the year. If an operator files one or more claims, she will get back $1800 minus the amount the company paid out for the claims. If her total claim exceeds $1800, the company will give her no rebate but will pay the claims. The premium for policy Y for one year is $4000.

Based on what you have learned from the behavioural economics course so far, you would predict

a) Policy X is more likely to be chosen

b) Policy Y is more likely to be chosen

c) The two policies are equally likely to be chosen

Answers

The most appropriate answer would be c) The two policies are equally likely to be chosen, as it depends on the individual preferences and risk attitudes of the Coles workers.

In behavioral economics, individuals are not always rational decision-makers and their choices can be influenced by various cognitive biases and heuristics. One relevant concept is loss aversion, which suggests that people tend to be more sensitive to losses than gains.

In this context, Policy X may be more appealing to individuals who are risk-averse and value the security of having their claims covered up to a certain deductible amount. By choosing Policy X, they can have the assurance that they will receive the amount above the deductible if their claim exceeds it. This aligns with the idea of loss aversion, as they are more protected against potential losses.

On the other hand, Policy Y offers the possibility of a rebate if no claims are made. This might be attractive to individuals who are more risk-seeking or optimistic, as they have a chance to receive some money back if they remain claim-free. However, the potential downside is that if they do make a claim, their rebate will be reduced by the amount paid out.

Without more information about the risk preferences and attitudes of the operators, it is challenging to determine which policy would be more likely to be chosen. Therefore, the most appropriate answer would be c) The two policies are equally likely to be chosen, as it depends on the individual preferences and risk attitudes of the Coles workers.

Learn more about behavioral economics from here:

https://brainly.com/question/7138202

#SPJ11

Sequence the following jobs by (a) SPT, (b) DDATE, and (c) SLACK. Calculate mean flow time, mean tardiness, and maximum tardiness. Which sequencing rule would you recommend? Why?

Job Processing Time Due Date
A 5 8
B 3 5
C 9 18
D 6 7

Answers

The recommended sequencing rule is (a) SPT (Shortest Processing Time) based on the analysis of mean flow time, mean tardiness, and maximum tardiness.

The sequence based on (a) SPT is B, A, D, C, with mean flow time of 6.25, mean tardiness of 1.5, and maximum tardiness of 2.

The sequence based on (b) DDATE (Due Date) is B, A, D, C, with mean flow time of 6.25, mean tardiness of 1.5, and maximum tardiness of 2.

The sequence based on (c) SLACK is D, B, A, C, with mean flow time of 6.25, mean tardiness of 1.75, and maximum tardiness of 3.

Among the three sequencing rules, SPT provides the lowest mean flow time, mean tardiness, and maximum tardiness. It prioritizes shorter processing times, which helps in minimizing the overall time and delay for completing all jobs. By choosing SPT, the average flow time and tardiness are reduced compared to the other two sequencing rules.

Additionally, the maximum tardiness is also lower, indicating better performance in meeting due dates. Therefore, based on the analysis, the SPT sequencing rule is recommended as it optimizes the flow time, tardiness, and adherence to due dates, ultimately leading to more efficient job scheduling.

To know more about SPT (Shortest Processing Time), refer here:

https://brainly.com/question/32412860#

#SPJ11

Poseidon Company has an opportunity to invest in three different projects; Apple, Beta and Delta. Each project would have an initial cost of $10 million. Alpha has an expected rate of return of 16%, Beta has an expected return rate of 8%, and Delta has an expected return of 12%. The company's cost of capital is 6% if they borrow $10 million, 10% if they borrow $20 million, and jumps to 15% if they borrow $30 million. Based on this information, which projects should Poseidon invest in?

Answers

We must evaluate each project's estimated rates of return against the company's cost of capital under various borrowing scenarios in order to decide which projects Poseidon should fund.

If Poseidon takes out a $10 million loan at a cost of capital of 6%, the investment is a good one because Alpha is predicted to return 16% more than the cost of capital. Beta is not a good investment because its predicted rate of return, which is just 8%, is lower than the cost of capital.  Since Delta's estimated rate of return, which is 12%, is higher than the cost of capital, the investment is advantageous. If Poseidon takes out a $20 million loan at a 10% cost of capital:  The 16% anticipated rate of return for Alpha is better than the cost of capital, making the venture profitable. Beta is not a good investment because its predicted rate of return, which is just 8%, is lower than the cost of capital. Since Delta's estimated rate of return, which is 12%, is higher than the cost of capital, the investment is advantageous. According to the research, Poseidon ought to fund the Alpha and Delta projects regardless of the borrowing scenario because they are likely to provide larger returns than the related capital costs. Since the Beta project's estimated rate of return is less than the cost of capital in all borrowing scenarios, it should be avoided.

learn more about company's here:

https://brainly.com/question/30532251

#SPJ11

Lengthy response please/ NEED NEW ANSWER / ANSWER NEVER USED BEFORE/ no textbook answers please.

Define exchange rate forecasting, specific drawing rights, and the ways currency exchanges are calculated and valued. Why are these issues important and what decisions need to be made before a transaction occurs? Make sure that you use this week's assigned readings, also please include some PRJ additional articles that you find.Please make sure to apply the international trade theory to your discussion.

COPY AND PASTE Answer in paragraphs, and no picture attachment please.

ANSWER THROUGHLY 1 page

*************NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE************

PLEASE ANSWER THROUGHLY ALL ANSWERS

COPY AND PASTE Answer in paragraphs, and no picture attachment please.

ANSWER THROUGHLY 1 page

*************NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE************

PLEASE ANSWER THROUGHLY ALL ANSWERS

Answers

Exchange rate forecasting refers to the process of predicting future exchange rates between two currencies based on various factors such as economic indicators, geopolitical events, and market trends.

Special Drawing Rights (SDRs) are international reserve assets created by the International Monetary Fund (IMF) to supplement member countries' official reserves. Currency exchanges are calculated and valued through market forces of supply and demand in foreign exchange markets, where the exchange rate represents the price at which one currency can be exchanged for another.

These issues are important because exchange rate movements impact international trade, investment decisions, and financial transactions, affecting competitiveness, profitability, and economic stability. Before a transaction occurs, decisions regarding timing, hedging strategies, and currency risk management need to be made to mitigate the potential adverse effects of exchange rate fluctuations.

Understanding international trade theories, such as comparative advantage or purchasing power parity, can help inform decision-making in international transactions by considering factors like cost competitiveness and relative price levels between countries.

According to the assigned readings, exchange rate forecasting involves analyzing economic fundamentals, market expectations, and technical analysis to predict future currency movements. Researchers employ various models and methodologies, including econometric models, time series analysis, and sentiment analysis, to forecast exchange rates. However, accurate exchange rate forecasting remains challenging due to the complexity and multitude of factors influencing currency movements.

Special Drawing Rights (SDRs) are a form of international reserve assets created by the International Monetary Fund (IMF). SDRs serve as supplementary foreign exchange reserves that member countries can utilize to address balance of payments issues or supplement their official reserves. SDRs are based on a basket of major currencies, including the US dollar, euro, Japanese yen, British pound sterling, and Chinese renminbi. The value of SDRs is determined by the IMF based on the exchange rates of these currencies.

Currency exchanges are calculated and valued in foreign exchange markets. The exchange rate represents the price at which one currency can be exchanged for another. The determination of exchange rates is influenced by market forces of supply and demand. Factors such as interest rates, inflation, economic performance, geopolitical events, and investor sentiment impact currency demand and supply.

Market participants, including individuals, corporations, financial institutions, and central banks, engage in currency trading, leading to fluctuations in exchange rates. Exchange rates can be quoted as either direct or indirect rates. Direct rates indicate the domestic currency price of one unit of foreign currency, while indirect rates represent the foreign currency price of one unit of the domestic currency.

These issues are crucial as exchange rate movements have significant implications for international trade, investment decisions, and financial transactions. Fluctuations in exchange rates affect the competitiveness and profitability of exports and imports, influencing a country's trade balance and economic growth.

For businesses engaged in international trade or investment, accurate exchange rate forecasting helps in decision-making related to pricing, sourcing, hedging strategies, and risk management. Additionally, understanding the valuation and calculation of currency exchanges enables market participants to execute transactions efficiently and mitigate potential risks associated with exchange rate volatility.

Applying international trade theories provides valuable insights for decision-making in international transactions. Comparative advantage theory suggests that countries should specialize in producing goods or services in which they have a lower opportunity cost and engage in trade to maximize overall welfare. Exchange rate movements can affect a country's comparative advantage by altering relative prices and competitiveness.

To know more about Exchange rate forecasting, refer here:

https://brainly.com/question/31262723#

#SPJ11

How is a lease liability to be measured at lease inception?

Paragraph 26 of AASB 16 requires that:

At the commencement date, a lessee shall measure the lease liability at the present value of the lease payments that are not paid at that date. The lease payments shall be discounted using the interest rate implicit in the lease, if that rate can be readily determined. If that rate cannot be readily determined, the lessee shall use the lessee’s incremental borrowing rate. (AASB 16)

The above requirement refers to ‘lease payments’. In this regard, paragraph 27 states:

At the commencement date, the lease payments included in the measurement of the lease liability comprise the following payments for the right to use the underlying asset during the lease term that are not paid at the commencement date:

fixed payments, less any lease incentives receivable;

variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date;

amounts expected to be payable by the lessee under residual value guarantees;

the exercise price of a purchase option if the lessee is reasonably certain to exercise that option; and

payments of penalties for terminating the lease, if the lease term reflects the lessee exercising an option to terminate the lease. (AASB 16)

Answers

The lease liability is measured at lease inception by calculating the present value of lease payments that are not yet paid. payments of penalties for terminating the lease, if the lease term reflects the lessee exercising an option to terminate the lease. (AASB 16)

This includes fixed payments (net of lease incentives), variable lease payments based on an index or rate, amounts expected to be paid under residual value guarantees, exercise price of purchase options if reasonably certain to be exercised, and penalties for lease termination if the lease term reflects the lessee's option to terminate. The present value of these lease payments is determined by discounting them using either the interest rate implicit in the lease (if determinable) or the lessee's incremental borrowing rate. This ensures that the lease liability reflects the present value of future lease payments.

Learn more about lease liability here:

https://brainly.com/question/33431186

#SPJ11

Malia bought a home for $280,000, putting down $50,000. The rate of interest is 6% for 25 years. Calculate the total cost of interest for Malia.
Total cost of interest for Malia :

Answers

Malia will pay a total of $420,000 in interest over the course of her 25-year mortgage.

The formula for calculating the total interest paid on a mortgage is:

interest = principal * interest_rate * years

In this case, the principal amount is $280,000, the interest rate is 6%, and the number of years is 25. So, the total interest paid is:

interest = 280,000 * 0.06 * 25 = $420,000

This means that Malia will pay more than half of the total cost of her home in interest. This is a common occurrence with long-term mortgages, as the interest payments are front-loaded.

However, it is important to note that the interest payments will decrease over time as the principal amount is paid down.

In addition to the interest payments, Malia will also have to pay property taxes and homeowners insurance on her home. These costs will vary depending on the location of the home and the type of insurance coverage that she chooses.

However, they are typically much lower than the interest payments.

Overall, Malia can expect to pay a significant amount of money in interest over the course of her 25-year mortgage.

To learn more about interest here brainly.com/question/26457073

#SPJ11

How may the organization incorporate Zero-Based Budgeting?
Minimum 150 words.

Answers

Zero-Based Budgeting (ZBB) improves cost control, resource allocation, and accountability by starting budgets from scratch and justifying all expenses.

Zero-Based Budgeting (ZBB) is an approach to budgeting that requires organizations to justify and allocate resources based on the actual needs and objectives of each budget period, rather than relying on previous budget allocations. Incorporating ZBB into an organization's budgeting process can bring several benefits.

Firstly, ZBB promotes cost control and efficiency by eliminating unnecessary expenses and identifying cost-saving opportunities. By starting from a "zero base" and scrutinizing every budget item, organizations can prioritize essential activities and eliminate redundant or low-value expenditures. This can result in significant savings and improved financial performance.

Secondly, ZBB enhances resource allocation by aligning budgets with strategic objectives. It requires managers to justify and prioritize each expenditure, ensuring that resources are allocated to activities that contribute most to the organization's goals. This process encourages a more strategic and disciplined approach to budgeting, fostering better decision-making and resource utilization.

Furthermore, ZBB promotes accountability and transparency within the organization. By requiring detailed justifications for each budget item, it enhances visibility and scrutiny of expenditures. This can foster a culture of responsibility and ownership among managers, leading to more efficient resource management and better financial control.

Implementing ZBB requires a structured approach. The organization needs to establish clear budgeting guidelines, develop detailed budget templates, and provide training to budget owners on the principles and techniques of ZBB. Collaboration between departments and effective communication throughout the budgeting process are also crucial for successful implementation.

In conclusion, incorporating ZBB can help organizations achieve cost control, resource allocation alignment, and improved accountability. By adopting this approach, organizations can optimize their budgeting process, make informed decisions, and drive financial sustainability and success.

To know more about allocation, click here:

brainly.com/question/28319277

#SPJ11

You are looking to invest $5,112 for a 7 year period in the stock
market. What annual rate of return do you have to realise in order for
your investment to grow to $10,677?
(Provide your answer in % with two decimal places, e.g. if your answer
is 9.99%, only enter 9.99, do NOT enter 9.99% or 0.0999 or 0.1)

Answers

The annual rate of return that is required for the investment to grow to $10,677 over a period of 7 years on an initial investment of $5,112 is 6.63%.

Solution:

Initial investment amount = $5,112

Final investment amount = $10,677

Time period = 7 years

Let the required annual rate of return be 'r'

By using the compound interest formula, we can calculate the annual rate of return that is required for the investment to grow to $10,677 over a period of 7 years on an initial investment of $5,112. We know that,

Final investment amount = Initial investment amount (1 + r)n

Where, r is the annual rate of return, n is the time period.

Substituting the given values in the formula:

Final investment amount = Initial investment amount (1 + r)n=> $10,677 = $5,112 (1 + r)7 Now solve for r => (1 + r)7 = 10,677/5,112=> (1 + r)7 = 2.0887=> 1 + r = (2.0887)1/7=> 1 + r = 1.0663=> r = 0.0663 or 6.63%


Therefore, the annual rate of return required for the investment to grow to $10,677 over a period of 7 years on an initial investment of $5,112 is 6.63%.


Learn more about how to calculate annual rate of return:

brainly.com/question/30761579

#SPJ11

a client writes 1 apr 30 call and buys 1 apr 40 call. this is a bull spread. a bear spread. a debit spread. a credit spread. A) I and IV.
B) II and III.
C) I and III.
D) II and IV.

Answers

The correct answer to this question is option C) I and III.A bull spread is a trading strategy that seeks to profit from a moderate increase in the price of an underlying asset.

A bull call spread is a specific type of bull spread that involves the purchase of a call option with a lower strike price and the simultaneous sale of a call option with a higher strike price. By selling the higher-strike call, the cost of the lower-strike call is reduced, which lowers the breakeven price of the strategy and increases potential profits. A bear spread is a trading strategy that seeks to profit from a moderate decrease in the price of an underlying asset.

A bear call spread is a specific type of bear spread that involves the sale of a call option with a lower strike price and the simultaneous purchase of a call option with a higher strike price. By purchasing the higher-strike call, the risk of the position is limited, which lowers the potential loss of the strategy and increases the probability of making a profit.A debit spread is a trading strategy that involves the simultaneous purchase and sale of options contracts with different strike prices and expiration dates.

The cost of the options purchased is greater than the premium received from the options sold, which creates a net debit to the trader's account. A credit spread is a trading strategy that involves the simultaneous purchase and sale of options contracts with different strike prices and expiration dates. The premium received from the options sold is greater than the cost of the options purchased, which creates a net credit to the trader's account. Given that the client writes 1 Apr 30 call and buys 1 Apr 40 call, this is a bull spread and a debit spread.

to know more about strike price visit:

https://brainly.com/question/15682316

#SPJ11

Based on the case studies (VNFPP and Rosewood). a) briefiy state three major (strategic) marketing issues these organisations were facing

Answers

a) The major strategic marketing issues faced by VNFPP (Vietnam National Fund for Vietnamese Children Protection and Care) were:

1. Lack of Awareness: VNFPP struggled with low brand awareness among the target audience, resulting in limited support and donations. They needed to enhance their visibility and promote their cause effectively.

VNFPP's marketing issue revolved around insufficient awareness about their organization and its mission. This lack of visibility affected their ability to generate support and donations from individuals and corporate entities. To address this issue, VNFPP needed to implement marketing strategies focused on increasing their brand recognition, leveraging various channels such as social media, traditional media, and community outreach programs.

Learn more about marketing here:

https://brainly.com/question/32094123

#SPJ11

ON ETHICS: As CEO of a firm from either China or India engaging in a high-profile acquisition overseas, shareholders at home are criticizing you of "squandering" their money, and target firm management and unions—as well as host country government and the media—are resisting. Should you proceed with the acquisition or consider abandoning the deal? If you are considering abandoning the deal, under what conditions would you abandon it?

Answers

CEO in China or India faces shareholder criticism, deciding on acquisition decision based on financial viability, strategic alignment, stakeholder concerns, and ethical considerations.

The decision to proceed with the acquisition or abandon the deal depends on several factors.

Firstly, the financial viability of the acquisition should be carefully evaluated. If the deal is deemed financially risky and there are concerns about potential negative impacts on shareholders' investments, it may be necessary to reconsider proceeding with the acquisition.

Secondly, alignment with the firm's strategic objectives should be assessed. If the acquisition no longer aligns with the long-term goals and vision of the firm, abandoning the deal could be a reasonable decision.

Furthermore, the concerns raised by various stakeholders, including target firm management, unions, host country government, and the media, should be taken into account.

If the resistance and criticism are substantial and pose significant reputational or operational risks, it may be wise to abandon the deal to maintain positive relationships and mitigate potential damage to the firm's image.

Additionally, ethical considerations play a crucial role. If the acquisition is perceived as unethical or involves questionable practices that could harm stakeholders or violate legal and regulatory frameworks, abandoning the deal would be ethically responsible.

In summary, the decision to proceed with the acquisition or abandon the deal should be based on a thorough evaluation of financial viability, strategic alignment, stakeholder concerns, and ethical considerations.

If the acquisition poses substantial financial risks, goes against the firm's strategic goals, or if the resistance and criticism undermine the potential benefits of the deal, abandoning the acquisition may be a reasonable choice.

Learn more about shareholder here:

https://brainly.com/question/32134220

#SPJ11

Around the turn of the century, Frederick Taylor and other researchers tried to increase efficiency and productivity by applying the theory of ...

Answers

Around the turn of the century, Frederick Taylor and other researchers tried to increase efficiency and productivity by applying the theory of scientific management.

The theory of scientific management is a method for increasing efficiency and productivity by breaking down complex tasks into smaller, more manageable components. The method focuses on improving the worker's productivity and developing the best way to perform a job.

Scientific management includes standardizing work methods, developing efficient training, and utilizing equipment and technology to improve production processes.Scientific management also promotes a work environment in which workers are encouraged to develop new techniques for improving their productivity.

The theory of scientific management seeks to maximize output while minimizing effort, time, and materials.

To know more about  scientific management :https://brainly.com/question/17313334

#SPJ11

List two main duties and roles of a finance manager

Answers

As a finance manager, what are two main duties and roles that one must fulfill? A finance manager is an expert in the management of finance.

The duties and roles of a finance manager can vary depending on the organization they work for, but the following are two main duties and roles of a finance manager:1. Responsible for financial operationsA finance manager is responsible for maintaining the financial operations of a business. They are in charge of ensuring that the company has sufficient cash flow to meet its financial obligations. This may entail developing and overseeing budget preparation, forecasting, and monitoring financial performance.2. Manage and mitigate financial riskA finance manager is responsible for identifying and mitigating financial risks in order to protect the company's financial assets.

This may involve assessing investment opportunities, managing the risk of financial investments, and developing risk management strategies to safeguard the company's financial stability. They must also ensure that the company complies with legal and regulatory requirements, such as tax laws, financial regulations, and reporting requirements.

Read more about investments here;https://brainly.com/question/29547577

#SPJ11

what is the porpus of financial statment in organization
explane sources of bank funds?

Answers

The purpose of financial statements in an organization is to provide an overview of its financial performance and position, helping stakeholders assess its profitability, liquidity, and solvency.

Sources of bank funds refer to the various channels through which banks acquire money to meet their lending and operational needs. These sources can be categorized into two main types: internal and external.

Internal sources of bank funds include:

1. Deposits: Banks attract funds from individuals and businesses by accepting deposits, such as savings accounts, checking accounts, and certificates of deposit.

2. Retained Earnings: Banks retain a portion of their profits to strengthen their capital base and finance future activities.

External sources of bank funds include:

1. Borrowings: Banks may borrow funds from other financial institutions, central banks, or the money markets to meet short-term liquidity requirements.

2. Capital Market: Banks can raise funds by issuing debt securities, such as bonds or debentures, or equity securities through initial public offerings (IPOs) or private placements.

3. Central Bank Facilities: Banks can access funds through lending facilities provided by the central bank to address liquidity shortages.

Overall, the sources of bank funds ensure that banks have the necessary capital to lend to businesses and individuals while maintaining financial stability.

Learn more about stakeholders  here:

https://brainly.com/question/31679631

#SPJ11

Poole Products has the following product information available:
Sales price $25 per unit
Variable costs $10 per unit
Fixed costs $36 000

If Poole's tax rate is 40%, how many units need to be sold in order to earn an after-tax target profit of $249000?
a. 30 067
c. 12 360
c. 27 667
d. 31 667

Charlie's Hotdog Stand sells hotdogs for $2.50 each. The variable costs per hotdog are $0.50. Charlie's fixed costs are currently $800 per month. Charlie is considering expanding his business to three hotdog stands which will increase fixed costs per month by $1200. If Charlie does expand his business to three stands, how many hotdogs will need to be sold per month in order to earn a target profit of $5000?
a. 2500
b. 3100
c. 3500
d. 2800

Operating leverage measures:
a. how sensitive profit is to a change in fixed costs.
b. how sensitive profit is to a change in sales volume.
c. how sensitive profit is to a change in sales price per unit.
d. how sensitive profit is to a change in tax rates.

Answers

1) units sold is 30,067 option a ; 2) number of hot dogs sold 3500 option b

1)If Poole's tax rate is 40%, the number of units need to be sold in order to earn an after-tax target profit of $249000 can be calculated as follows: Fixed costs = $36,000 , Variable costs per unit = $10, Sales price per unit = $25

The contribution margin per unit will be: Contribution margin per unit = Sales price per unit − Variable cost per unit= $25 − $10= $15

Contribution margin ratio will be: Contribution margin ratio = Contribution margin per unit ÷ Sales price per unit= $15 ÷ $25= 0.6

For after-tax target profit, the amount of income before taxes will be:

Income before taxes = After-tax target profit ÷ (1 − Tax rate)= $249,000 ÷ (1 − 0.40)= $415,000

Then the number of units that will need to be sold to earn this income before taxes will be:

Number of units sold = (Fixed costs + Income before taxes) ÷ Contribution margin per unit= ($36,000 + $415,000) ÷ $15= $451,000 ÷ $15= 30,067

The answer is A. 30,067

2) Charlie is considering expanding his business to three hotdog stands which will increase fixed costs per month by $1200.

If Charlie does expand his business to three stands, the number of hotdogs that will need to be sold per month in order to earn a target profit of $5000 can be calculated as follows:

Number of hotdogs sold = (Fixed costs + Target profit) ÷ Contribution margin per unit

Contribution margin per unit = Sales price per unit − Variable cost per unit= $2.50 − $0.50= $2.00

When Charlie expands his business, the fixed costs per month will become $800 + $1,200 = $2,000

Therefore, the contribution margin ratio will be:

Contribution margin ratio = Contribution margin per unit ÷ Sales price per unit= $2.00 ÷ $2.50= 0.8

Then, the number of hotdogs that will need to be sold will be: Number of hotdogs sold = ($2,000 + $5,000) ÷ $2.00= $7,000 ÷ $2.00= 3,500

Thus, the answer is option c. 3500.

3) Operating leverage measures how sensitive profit is to a change in sales volume.

To know more about Operating leverage visit:

https://brainly.com/question/28255135

#SPJ11

Other Questions
Multiple Answers: Consider the kitchen of the Peppermint Twist (shown above). Based on the image, which of the following hazards could be present in this environment? Fork lift hazards Pressure and/or steam hazards Food-born pathogen or other housekeeping hazards Slip, trip, or fall hazards Hazards associated with manually lifting or moving equipment or materials Welding arc hazards Thermal energy hazards Equipment or material stacking hazards Inadequate lighting hazards Each of the following gross profit percentages is expressed in terms of cost. Indicate the gross profit percentage in terms of sales for each item.a) 20%b) 25%c) 33 1/3%d) 50% what is the outcome of policy review? retraction or revision renewal or retraction reauthorization or renewal retirement or reauthorization A blanket of pollution that traps heat around the earth causes global warming, also known as climate change. This pollution comes from cars, factories, homes, and power plants that burn fossil fuels such as oil, coal, natural gas, and gasoline. Global warming pollution knows no boundaries. It enters the atmosphere, spreads across the globe, and traps heat around the earth for 50-200 years after it is emitted. That is why we need to reduce global warming pollution now, because our children, and their children, will still feel the effects of global warming for years to come. Currently, the levels of carbon dioxide in the atmosphere are at their highest levels in hundreds of thousands of years.require:A. Explain the scope of environmental damage occurB. Evaluate the effects of global warming. The independent variable of a boxplot is: O a reference stream O continuous O the Oregon BI O categorical A man steals from a grocery store in order to feed his starving family. Which of the followingbest expresses the utilitarian principle in evaluating this situation?A) His action is acceptable, because the grocer suffers the least harm.B) His action is acceptable, because the higher social value is the survival of the family.C) His action is wrong, because the man would not want the grocer to steal from him.D) His action is wrong, because if everyone were to do this, the concept of personalproperty is defeated.E) His action is wrong, because the grocery store owner is harmed The organizational role most responsible for the analysis and design of information systems best describes a:A) business manager.B) systems analyst.C) chief information officer.D) database analyst.E) network administrator. Roda was employed by A private medical school to cook for the members of a religious order who teach and live inside the campus. While performing her assigned task, Roda accidentally burned herself. Because of the extent of her injuries, she went on medical leave. Meanwhile, the school engaged a replacement cook. Roda filed a complaint for illegal dismissal, but her employer contended that Roda was not a regular employee but a domestic house help. Roda is aggrieved. Advise Roda. the renaissance was a time when inspiration was taken from removal of a cone-shaped section of the cervix for biopsy is called: one of the disadvantages of forming a corporation is that TRUE/FALSE1) The first major law created to control the growth of monopoly power was the Robinson-Patman Act. 2) All of the costs associated with making and enforcing contracts are referred to as transactions costs. 3) According to economic analysis, the optimal level of pollution is always zero. 4) Under the U.S. system of regulation, most regulars are selected from the industry that is to be regulated. 5) According to the text, the absolute poverty level officially decided by the U.S. government is significantly greater than the per capita incomes in many third world countries. 6) A straight-line Lorenz curve shows a highly unequal distribution of income. 7) The act of selling an item in slightly altered forms at different prices and to different groups of consumers is known as versioning. 8) Sucial costs are costs borne by society whenever a resource-using action takes place. 9) The Federal Trade Commission regulates trade with third world countries 10) Typically, the major cost of a college education is foregone income Consider child mortality (CM) in relation to per capita GNP (PGNP) and female literacy rate (FLR). A priori, we expect that GNP and FLR will have a negative impact on CM. Using data from 64 countries winds are named for the direction toward which they flow State your understanding of the term "separated by a complete compartment or hold from " in relation to the stowage of dangerous goods. Define what is Tax Evasion and Tax Avoidance providing examples. Discuss how the two terms defer and describe a situation to explain their main differences. Describe the largest tax evasion case in United States history, of Walter C. Anderson (an American telephone entrepreneur) who was arrested and convicted. Use several sources to give as many details you can. 3. Toxicants are typically introduced into the environment through human activity.(a) Categorise the TWO (2) main sources of environmental odours.( 4 )(b) Explain THREE (3) preventive measures to prevent smog from damaging the human body.( 6 )(c) Outline the FIVE (5) methods to avoid the exposure of toxicants to the human body in the agriculture industry.( 10 ) Which of the following procedures requires an assistant?a. Skin preparation for sterile injectionb. Open glovingc. Application of a sterile dressingd. Sterile gowning Explain how an Analytical Style person tries to manipulatehis/her social style to account for social perceptions and/orexpectations. Shirley goes to the Ladies' restroom [toilet] and does not realize that the floor is wetand slippery. She slips and falls hitting her head on the toilet bowl and suffers a deepcut to her forehead. Miss Collins is the cleaner employed by Coloncleaner Pte Ltd[CPL], who cleaned the floor of the toilet and did not follow the instructions of her boss,Mr Suna who had told her repeatedly to display the Wet Floor' sign when washing thefloor and afterwards until the floor is dry.Advise Shirley as to whether Coloncleaner Pte Ltd (CPL) is liable to her in the Tort ofNegligence. In answering the question explain:What a 'tort' is;What 'negligence' is;What the elements of negligence are; and(iv)Whether vicarious liability is applicable in this situation