The Management of XYZ Company Limited uses value chain analysis, supply chain management, inventory b)Identify and explain the type of school of management approach being used in the company.(5marks) management, quality control, queuing theory, linear programming and network models approaches in management of the company. The company relies on scientific applications of mathematical techniques to c)Discuss in four (5) ways, how contingency School of Management is different from the type of school manage problems. a)Briefly explain the typesof management theoriesapplicable in XYZ company Limited. (5marks) of management identified in (ii) above.​

Answers

Answer 1

a) The school of management that the Management of XYZ Company Limited is applying is called Mathematical or Quantitative School of Management.

The Mathematical or Quantitative School of Management:

Expresses management problems in equations, mathematical symbols, and quantitative models  Encourages wide application of computer technology, simulations, and analytics Introduces precision to management thinking and practice

b) The Contingency School, unlike the Mathematical  School of Management:

Recognizes that not all management processes can be expressed with mathematical symbols and formulas.Identifies that mathematical models cannot replace sound judgment, which requires intuition and not equation.States that there is no single technique to solving management problems. Encourages managers to use any feasible management technique to solve problems, thereby thinking outside the box. Emphasizes that the applications of management principles and practices (process, behavioral, quantitative, and systems) should be contingent upon the prevailing circumstances.  

Thus, with Contingency School, the tools of management thinking and practice should be applied based on prevailing situations and not mathematically with equations, models, and symbols.

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Related Questions

This year, Gogo Inc. granted a nonqualified stock option to Mrs. Mill to buy 10,000 shares of Gogo stock for $8 per share for five years. At date of grant, Gogo stock was selling on a regional securities market for $7.87 per share. Gogo recorded $26,700 compensation expense for the estimated value of the option. Five years after Gogo granted the option to Mrs. Mill, she exercised it on a day when Gogo stock was selling for $10.31 per share. Required: How much income must Mrs. Mill recognize in the year of exercise

Answers

Answer:

Gogo Inc. and Mrs. Mill

The Income that Mrs. Mill must recognize in the year of exercise is:

= $23,100

Explanation:

a) Data and Calculations:

Options given to Mrs. Mill = 10,000 shares of Gogo stock

Exercise price of the options = $8 per share

Period of option exercise = 5 years

Selling price of shares at grant date = $7.87

Selling price of shares at exercise date = $10.31

Compensation expense recorded by Gogo = $26,700

Cost of options to Mrs. Mill = $80,000 (10,000 * $8)

Income that Mrs. Mill must recognize in the year of exercise = $23,100 ($10.31 - $8) * 10,000

Answer:

marco

Explanation:

Arrange the various steps of the selling process in the correct order.
Follow up.
Deliver presentations.
Build a rapport.
Close the sale.
Identify needs.
Prospect.
Handle objections.

Answers

Answer:

Prospect.

Build a rapport.

Identify needs.

Deliver presentations.

Handle objections.

Close the sale.

Follow up.

Explanation:

The selling process is as follows:-

Prospect.Build a rapport.Identify needs.Deliver presentations.Handle objections.Close the sale.Follow up.What is selling process?

The selling process is the set of stages that a salesman takes while selling a product. The selling process is a comprehensive cycle that begins with identifying consumers and ends with sealing a contract with them.

It is particularly significant in B2B company sales, because the sales cycle is lengthier and may take longer to conclude. The selling procedure in B2C may be fleeting and brief.

The contact between a salesman and a potential buyer is referred to as the selling process. Prospecting, preparation, approach, presentation, resolving objections, closure, and follow-up are the seven common processes in the selling process.

Therefore, it can be concluded that the process of the selling is mentioned above.

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#SPJ2

How and When to accomplish all Assistant Manager responsibilities in a shift in a fast food restaurant.

Answers

Answer:

Researching new wholesale food suppliers and negotiating prices

Calculating future needs in kitchenware and equipment and placing orders, as needed

Managing and storing vendors’ contracts and invoices

Overseeing restaurant staff performance, ensuring quality dining

Explanation:

Responsibilities

Research new wholesale food suppliers and negotiate prices

Calculate future needs in kitchenware and equipment and place orders, as needed

Manage and store vendors’ contracts and invoices

Coordinate communication between front of the house and back of the house staff

Prepare shift schedules

Process payroll for all restaurant staff

Supervise kitchen and wait staff and provide assistance, as needed

Keep detailed records of daily, weekly and monthly costs and revenues

Arrange for new employees’ proper onboarding (scheduling trainings and ordering uniforms)

Monitor compliance with safety and hygiene regulations

Gather guests’ feedback and recommend improvements to our menus

Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: multiple choice Participating Nonparticipating Sharing LeveragePreferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: multiple choice Participating Nonparticipating Sharing Leverage

Answers

Answer:

Participating

Explanation:

Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: PARTICIPATING PREFERRED STOCK

This is because Participatory preferred stock gives an extra profit assurance to stockholders. Typically, all preferred stocks have a fixed dividend rate, which is the main benefit.

However, in the event where the issuing company meets specific financial targets, holders of participating stocks will get more dividend payments above the normal fixed rate.

how is corporate income tax similar to direct tax ? (2)​

Answers

Answer:

Corporate tax is an expense of a business (cash outflow) levied by the government that represents a country's main source of income, whereas personal income tax is a type of tax governmentally imposed on an individual's income, such as wages and salaries.

To which of the following would a
business most commonly owe a
debt?
A. To employees
B. To investors
C. To customers
D. All of the Above
Copyright © 2003 - 2021 Acellus Corporation. All Rights Reserved.

Answers

Answer:

the answer is D it is the right answer

WHAT ARE THE BENEFITS OF PHYSICAL ERGONOMICS​

Answers

Answer:

▫️Increased savings. • Fewer injuries. • More productive and sustainable employees. ...

▫️Fewer employees experiencing pain. • Implementing ergonomic improvements can reduce the risk factors that lead to discomfort.

▫️Increased productivity. • ...

▫️Increased morale. • ...

▫️Reduced absenteeism. •

hope it's help you.....!!!!!!!!!!

plz mark as brain list and follow me #rishu..........!!!!!!!!!!!!!!!!!

Explanation:

Hope it will help you

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In the long run, when the government does nothing, the output in the economy will be $ billion and the price level will be________-

Answers

[SHORT ANSWER] lower,




[LONG ANSWER] This depends what is meant by the government not doing anything, if such as they didn't exist? In that case the price level would be lower, we have to pay extra for items, insurance, payments, pretty much everything, as the economy goes up.

Which of the following is true of email?

A. It’s illegal for employers to monitor it.

B. Many companies monitor employee messages.

C. Deleting ensures the messages are never read.

D. Only the recipient has the ability to open it.

Answers

Answer:D

Explanation:

A project manager is looking over the actual results of projects and comparing them to what was estimated. She notices that the projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is she recognizing?

a. Padding estimates
b. Planning horizon
c. Project structure
d. People
e. Organization culture

Answers

The factor that she recognized is the project structure.

The information related to the project structure is as follows:

It is an organizational framework in which the employees could functions on the project on a continuity basis. The team should perform all types of works here.Here the efforts should be considered with regard to the development that could be completed.

So the following factors should not be recognized:

Padding estimates.Planning horizon.People.Culture of an organization.

Therefore we can conclude that the factor that she recognized is the project structure.

Hence, the correct option is c.

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Mark the statements that are TRUE.
Technology means the type of natural resources that are available.
Careful study and review is known as capital.
It would not make much sense to force an unskilled laborer to work in a surgical position,
Your nation's labor force includes people who want to work but do not have a job at the moment.
Your nation's money is considered capital.

Answers

Answer:

true statements are

b

c

d

e

Answer:

Tecnología significa el tipo de recursos naturales que están disponibles. V

El estudio y la revisión cuidadosos se conocen como capital. F

No tendría mucho sentido obligar a un trabajador no calificado a trabajar en un puesto quirúrgico. V

La fuerza laboral de su país incluye personas que quieren trabajar pero que no tienen trabajo en este momento.V

El dinero de su nación se considera capitalV  .

Explanation:

_____ stock is the number of shares that a corporation's charter allows it to sell. The number of these shares usually exceeds the number of shares issued (and outstanding), often by a large amount.

Answers

An authorized stock is the number of shares that a corporation's charter allows to sell.

Authorized stock is the legal number or limit of shares that a company allows or authorizes to be sold or put in the market. This factor of policy is applicable as per the charter that the corporation allows or is legally viable to provide.

In the issue of sharing shares of a company, an organization can allow only a certain limit of shares that can be sold. This limit is the number of shares that a corporation can issue to its shareholders or investors.This stock is different from issued stock which refers to the actual number of stocks that the company has sold.Rather, authorized stock is the amount of shares that can be sold by the company and being provided in the market to be bought by shareholders or investors.

Thus, we can conclude that whatever limit a corporation allows or provides to be sold is the authorized stock. And it is only this number of shares that can be issued or given to a shareholder to buy.

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Which of the following is not an appropriate member of an audit committee?
A А.
An academic specializing in business administration
B
The organization's vice president of operations.
С.
A retired executive of a firm that had been associated with the organization
D
The vice president of the local bank used by the organization

Answers

It’s B, have a good day☀️

You report to Sofia Cardenas-Bratton, the Marketing Manager for Klamath, but she confesses that her experience with social media consists of an online course that she took on how businesses effectively use social media, so she is relying on you to help shape Klamath's social media strategy. You suggest that you'd like to start with regularly publishing a blog to reinforce Klamath's value to its customers. You point out it's important to publish posts on a regular basis in order to keep visitors engaged, and one study found that publishing blogs at least 11 times per month generated the most traffic on company websites. You and Sofia brainstorm about topics for the first week's blogs and come up with a list of three topics that you both feel will be of value to Klamath's customers: improving your credit score, the advantages of community banks vs. large banks, and buying a house. In which order are you going to tackle these blogs

Answers

The order in which I would tackle these blogs are: buying a house, improving your credit score, and the advantages of community banks.

Since the blogs are meant to benefit the customers of Klamath the most, the first issue to tackle is on the purchase of a house, which is always rated high by customers.

The purchase of a house will also help to improve the credit scores of customers because customers who own their houses attract higher credit scores than those without houses of their own.

Then, the issue of credit scores will be tackled in the next blog, followed by the advantages of community banks vs. large banks.

Thus, tackling this blog dealing on an issue that is very dear to customers will be the first before other issues are tackled.

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Opportunity cost is the amount of increase or decrease in cost that would result from the best available alternative to the proposed use of cash or its equivalent.
a) true
b) false

Answers

The given statement is "False". A further explanation is provided below.

Whenever a decision had been made above another, the profit losses are determined as an Opportunity cost. This same notion is merely beneficial as a refresher or recalls to consider all acceptable possibilities well before a person decides.Opportunity costs aren't just an equity account method and hence are not included throughout a company's financial statements. This is simply a notion of the financial assessment.

Thus the above is the right answer.

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5-5 TIME TO REACH A FINANCIAL GOAL You have $33,556.25 in a brokerage account, and you
plan to deposit an additional $5,000 at the end of every future year until your account totals
$220,000. You expect to earn 12% annually on the account. How many years will it take to
reach your goal?

Answers

Answer:

22 is the right answer bro fgjjfycugyvyygyghu

what is a fixed income​

Answers

Fixed income broadly refers to those types of investment security that pay investors fixed interest or dividend payments until its maturity date. At maturity, investors are repaid the principal amount they had invested. Government and corporate bonds are the most common types of fixed-income products.

Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,410 units, and the desired December 31 inventory is 7,450 units. What is the budgeted production (in units) for the year? a.60,740 b.59,700 c.45,840 d.58,660

Answers

Answer:

Production= 60,740

Explanation:

Giving the following information:

Sales= 59,700

Beginning inventory= 6,410

Desired Ending inventory= 7,450

To calculate the production for the year, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production=  59,700 + 7,450 - 6,410

Production= 60,740

Scooter wishes to sell a bond that has a face value of $919. The bond bears an interest rate of 6.01% with bond interest payable quarterly. Three years ago, $1,221 was paid for the bond. At least a 12.68% return (yield) on the investment is desired. The quarterly bond interest payment that Scooter received is:

Answers

Answer:

Scooter

The quarterly bond interest payment that Scooter received is:

= $13.81.

Explanation:

a) Data and Calculations:

Face value of bond bought = $919

Price of the bond three years ago =              $1,221

Premium paid on the bond =        $302 ($1,221 - $919)

Annual coupon interest rate = 6.01%

Annual return (yield) rate = 12.68%

Interest receivable = quarterly or four times per year

Quarterly bond interest = $13.81 ($919 * 6.01% * 1/4)

2) Explain about buying process of individual customer

Answers

Explanation:

different customer behave in different way .some customers behave very rude .some of them behave very honest .this all my matter on their behaviour. some customer give Money first and then take product.oppositely some customers take product first and then give money.

Answer:

The consumer buying process is the steps a consumer takes in making a purchasing decision.The steps include recognition of needs and wants ,information search,evaluation of choices,purchase,and post-purchase evaluation

The production planning department has developed the forecast for End Item A for periods 1-7 as 240, 345, 320, 275, 315, 330, 340. You can use the tables provided on the following pages. (a) Determine the planned order releases for Component B, which is planned on a lot-for-lot basis. Indicate your answer here.

Answers

Answer:

.........................................................

Explanation:

..............................................

difference between price consumption curve and income consumption curve​

Answers

Answer:

Price-consumption curve is a graph that shows how a consumer's consumption choices change when price of one of the goods changes. Income-consumption curve is a similar graph which traces changes in demand in response to changes in income.

Explain the three degrees of inflation

Answers

Answer:

They are creeping, walking, galloping, and hyperinflation. There are specific types of asset inflation and also wage inflation. Some experts say demand-pull and cost-push inflation are two more types, but they are causes of inflation. So is the expansion of the money supply.

Floyd tells his daughter Glenda that she can have his Harley Davidson when he dies, but he does not add this to his will, and he is not on his deathbed. This is

Answers

The scenario explained shows that this is not a valid gift.

Some of the criterias for a gift to be considered a valid gift is that there should be a competent donor, an eligible donee, an intention to donate a particular thing and there should be a transfer of possession of that property or thing.

In this case, Floyd tells his daughter that he will give her a particular gift when he dies, but he eventually does not add this to his will.

Therefore, in this case, there's no transfer of possession to the daughter. Therefore, it's not a valid gift.

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Management accounting is concerned with the provision of information to help managers make informed decisions. Indicate whether this is true or false

Answers

Answer:

true I'm sure it will be correct

Criteria for recruitment of business administration department

Answers

Explanation:

A business administration professional typically needs a bachelor's degree in a relevant field, such as business administration, finance, or human resources. A bachelor's requires four years of full-time stud

Who sets the amount or rate of real estate commissions?

Answers

Answer:

q

Explanation:

The decision making process is best when?

Answers

Answer:

when u have 2 decide between 1 and another or when u r taking a test then u have make a decision

Explanation:

chất lượng tối ưu là gì

Answers

Answer:

net là một thị trường hiệu quả hay không hiệu quả

Explanation:

net là một thị trường hiệu quả hay không hiệu quả

When a company makes a $1,000 sale for cash, and incorrectly debits sales and credits cash for that amount. How much will total assets be off by?

Answers

The total assets should be off by $0.

The journal entry for recording the sale made in cash is

Cash Dr $1,000

      To Sales $1,000

(Being sale is made in cash is recorded)

Here the cash is debited as it increased the assets and the sale is credited as the sales are also increased.

But as per the question, the journal entry is

Sales $1,000 Dr

     To Cash $1,000

(Being sale is made in cash is recorded)

Therefore we can conclude that The total assets should be off by $0.

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