Ghandi Medical University Centre is engaged in full time teaching and medical research for a medical college, dental college, nursing college and other health related professions. It is attached to university which enrolls approximately 2,000 students. It has about 800 beds in medical, surgical and psychiatric wings. It is funded by state government. It is widely recognized as top institution in the provision of medical services in the state. However, the medical center faced consistent financial problems; especially the teaching is unable to break-even.

The state government has brought Dr. Rao, previously Director of a large private hospital by offering lucrative salary and perks. Lured by an excellent salary, favorable climate and the opportunity to test his abilities, Dr. Rao accepted the post of Director of the center.

In the post of Director, Dr. Rao holds control of administration of the teaching, hospital and the college of health related professions. He is accountable for both its management and its budget. While Dr. Rao enjoys free hand in the internal affairs of the university, all long range plans and budgets are approved by state legislature and university. The medical center is expected to obtain approval for major programs from both the university and state it is subject to their rules, regulations and priorities. While the state favors expenditure on health care, the university prefers a budget structure supporting teaching and research.



This being the external intricacies, Dr. Rao found that the teaching and health care personnel directly reporting to him have conflicting priorities. While the former group emphasizes teaching and research, latter stresses on health care. A sluggish bureaucracy entrenched in the organization, most of the important people respect it as it provides necessary resources. However, many individuals within the bureaucracy flap well-conceived plans because they lack initiative or have interest in the effective management of the institution.

In this back drop, Dr. Rao found Mr. Das was handling all procurements, a unique personality, he being a retired military person. While purchasing, he buys exactly what every physician orders with no regard to cost. Many of his purchases are dictated by state specifications. This frequently resulted in running out of budget allocation within eight or nine months, contributing to deficit. This forced the center to borrow supplies from local hospitals. Mr. Das, it seems neither made an attempt to change state specifications nor persuaded physician and teaching staff to order less expensive items of equal quality. However, he is not violating the rules, but discharging his duties perfectly with the bureaucracy. Dr. Rao recognized that he is not only an exception in the center.

Based on the above case answer the following questions

1. What are the specific problems of Dr. Rao? How do you eliminate them?

2. How could you redesign the organization? Construct a chart.

3. Dr. Rao is not strong believer of bureaucracy. As such what type of leadership styles are appropriative in this case?

Answers

Answer 1

Answer:

if you work than you will do it


Related Questions

US REFERENCE: SO 9
5. Given an organisation in a different province or country, describe the way in which performance
would be adapted.

Answers

Answer:

Adapting performance in an organization in a different province or country would require an understanding of the local culture, customs, laws, and regulations. The organization would need to take into account the linguistic and communication barriers that may exist, and may need to provide additional training. Performance metrics would also need to be reviewed and adjusted to reflect the unique challenges and opportunities of the specific geographic location. Additionally, the organization would need to build relationships with local stakeholders, such as customers, suppliers, and government officials, to ensure and maintain its success in the new market. A comprehensive market analysis and strategy development would need to be undertaken to ensure that the organization is positioning itself for success and anticipating local challenges. Finally, the organization may need to adjust its policies and procedures to align with local laws and regulations and to refreflect on theect the cultural norms of the new market. Overall, it is important for the organization to remain adaptable and flexible to maintain success in a new market.

Explanation:

(100 POINTS!!!) LuAnn is a very specific type of photographer. The images that she captures have several prominent characteristics such as representing culture as it is lived rather than mythologized, respectful portraits of members of the community to show their stature, and documenting tribal customs and ceremonies for future generations. What type of photography does LuAnn most likely practice?
A. fashion photography
B. nature photography
C. sports photography
D. indigenous photography

Answers

LuAnn most likely practices indigenous photography. Indigenous photography refers to photographs taken by and for indigenous communities that depict the culture, customs, and traditions of those communities. The characteristics of the images LuAnn captures, such as representing culture as it is lived, respectful portraits, and documenting tribal customs and ceremonies, are typical of indigenous photography. The goal of this type of photography is often to give voice and visibility to indigenous communities, as well as to preserve their cultural heritage for future generations.

It is a real problem for us’, said Angnyeta Larson, ‘We now have only ten working days between all the expense claims coming from the departmental coordinators and authorizing payments on the next month’s payroll. This really is not long enough and we are already having problems during peak times.’ Angnyeta was the department head of the internal financial control d department of a metropolitan authority in southern Sweden. Part of her department’s responsibilities included checking and processing expense claims from staff throughout the

Metropolitan authority and authorizing payment to the salaries payroll section. She had 12 staff

Who were trained to check expense claims and all of them were devoted full-time to processing the claims in the two weeks (10 working days) prior to the deadline for informing the salaries

section. The number of claims submitted over the year averaged around 3,200, but this could

vary between 1,000 during the quiet summer months up to 4,300 in peak months. Processing

claims involved checking receipts, checking that claims met with the strict financial allowances

for different types of expenditure, checking all calculations, obtaining more data from the

claimant if necessary and (eventually) sending an approval notification to salaries. The total

processing time took on average 20 minutes per claim.

(a) How many staff does the process need on average, for the lowest demand, and for the

highest demand?

(b) If a more automated process involving electronic submission of claims could reduce the

average processing time to 15 minutes, what effect would this have on the required

staffing levels?

(c) If department coordinators could be persuaded to submit their batched claims earlier (not always possible for all departments) so that the average time between submission of the claims to the finance department and the deadline for informing salaries section was increased to 15 working days, what effect would this have?

Answers

The number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.

What is demand?

Demand simply means the number of goods as services that an individual is willing to purchase at a price and given time.

Here, the number of staffs that the process need on average, for the demand will be zero since the twelve staffs are well trained already.

When a more automated process involving electronic submission of claims could reduce the average processing time to 15 minutes, the effect is that the profitability of the company will increase as there is more output due to reduced time.

When the department coordinators could be persuaded to submit their batched claims earlier, this will minimize the mistakes made by the finance department as there is more time to work effectively.

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tylor is considering a five-year project that will require $859,000 for new fixed assets that will be deprecieated what is the amount of the aftertax salvage value

Answers

Answer:

$120,603.60

Explanation:

The computation is shown below:

But before that the following calculations to be done

Salvage Value = Cost of Asset × 18%

= $859,000 × 18%

= $154,620

Since the fixed asset depreciated to zero for the 5 years so the book value should also be zero

Now  

Capital Gain = Salvage Value - Book value of Asset

= $154,620 - $0

= $154,620

Tax on Capital Gain = Capital Gain  ×  Tax Rate

= $154,620  ×  0.22

= $34,016.4

And finally,

After Tax Salvage Value = Salvage Value - Tax on Capital Gains

= $154,620 - $34,016.40

= $120,603.60

tylor is considering a five-year project that will require $859,000 for new fixed assets that will be

The following is an extract of Webee Ltd.’s balance sheet. What is its current ratio?

Particulars $
Cash 5,000
Accounts Receivable 5,000
Inventory 10,000
Prepayments 4,000
Long term Assets 100,000
Accounts Payable 2,000
Notes payable within 10 months 2,000
Wages Payable 4,000
Long term Liabilities 16,000
Stockholder's Equity 100,000

a. 2:1
b. 3:1
c. 6:1
d. 4:1

Answers

The current ratio of Webee Ltd is b. 3:1.The current ratio of Webee Ltd can be calculated by dividing its current assets by its current liabilities. Given that we have the company's balance sheet, we can easily find the current ratio.

Current assets are: Cash + Accounts Receivable + Inventory + Prepayments = $5,000 + $5,000 + $10,000 + $4,000 = $24,000Current liabilities are:

Accounts Payable + Notes payable within 10 months + Wages Payable = $2,000 + $2,000 + $4,000 = $8,000Now that we have both figures, we can calculate the current ratio as follows:

Current Ratio = Current Assets / Current Liabilities = $24,000 / $8,000 = 3:1.Therefore, the current ratio of Webee Ltd is b. 3:1.

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How does making a payment by check affect your checking account balance?


A. Your balance decreases immediately

B. Your balance decreases when the check is processed.

C. Your balance decreases the following month.

D. Your balance is not directly affected.

Nvm it's B.

Answers

A payment by check affect your checking account balance as your balance decreases when the check is processed.

Thus, the correct option is B.

What is a bank check?

A check is a written request from a depositor telling the bank to take money out of their account and pay it to a specific person.

To put it another way, a check is a way to instruct the bank to transfer money from your account to another person's or another person's account.

A check is a permission to take money out of a bank account. A check must include the payee's name, the payment amount, and the date in order to accomplish this.

A check is typically negotiable, allowing the payee to designate a new recipient by signing it. Checks that are certified have your signature and are drawn from your own account.

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What is the importance of a city having a diverse local economy with respect to the performance of its housing market? (Select all that
apply.)

O A city with a diverse local economy is likely to suffer a significant economic downturn if its housing market suffers.

O A city with a diverse local economy is well equipped to resist an economic downturn if its housing market suffers.

O A city with a local economy that depends strongly on its housing market is likely to do what it can to sustain that market.

O A city with a local economy that depends strongly on its housing market is likely to suffer economically if that market contracts

Answers

Answer:

I would say second and fourth

Answer

The Last Three In your question but A, C, and D in edg

Explanation:

1. What are the different types of economic measurements used to analyze most
economies?​

Answers

Answer:

Government borrowing/national debt.

Real disposable incomes.

Income inequality (Gini coefficient)

Labour productivity.

Investment levels.

Exchange rate.

Misery index (inflation rate + Unemployment rate)

Poverty levels.

Explanation:

hope this helps :)

and i did it on a test and got it right! pls make me Brainiest!!!!

Question 1/
1 pts
Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock
at $70 per share. How much total does Mia receive from selling all her stock?

Answers

Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock at $70 per share. The total that Mia receive from selling all her stock is $7,00,000.

What are stocks?

Stocks are an investment that means you own a share in the company that issued the stock. Simply we can say that the stocks are a way to build wealth.

‘Stocks’ is generally used to refer to portions of ownership of multiple companies – for example, you could say that you own stock in Amazon and Microsoft.

Mia bought $10,000 of stock in company XYZ at $50 per share. After some years, Mia sells all her stock at $70 per share. The total that Mia receive from selling all her stock is $7,00,000.

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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.

Answers

1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.

This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.

In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

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What is one major measure of economic growth?

Answers

Answer:

yo mama

Explanation:

yo mama's so ugly, she made a blind kid cry.

You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture

Answers

Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.

What is Accounting?

Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.

T Accounts should be made as follows.

Assets

DR $1500 Computers

DR $650 Furniture

DR $334 Van Payment

Expenses

DR $420 Office Supplies

DR $250 Electric Company

DR $100 Water

DR $250 Office Supplies

Petty Expenses

DR $150 Steak House

DR $100 Fuel Stop

The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.

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in 2022, which of the following types of income is excluded from gross income? a) unemployment compensation b) income earned illegally c) dividends from foreign corporations d) corporate bond e) interest income f) scholarship used for tuition

Answers

In 2022, the following types of income are excluded from gross income:a) Unemployment compensation, b) Income earned illegally, d) Corporate bond,f) Scholarship used for tuition

What is gross income ?

Your gross income is the total amount of money you make before deducting taxes and other expenses. You can receive your earned income in a variety of ways, including salary, bonuses, tips, hourly pay, rental income, dividends from stocks and bonds, and interest on savings accounts.

It's important to note that while the above types of income may be excluded from gross income, they may still be subject to taxation in certain circumstances. Additionally, it's important to report all sources of income, even if they are excluded from gross income, as failure to do so can result in penalties and fines.

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A negative balance in the current account means that
a trade deficit definitely exists.
a trade surplus definitely exists.
the total amount of goods, services, and transfer payments flowing out of the economy is more than the total amount flowing in.
more is being spent on domestic goods than foreign goods.
the capital account is negative.

Answers

Answer: There are two categories in the BOP: the current account (CA) and the capital and financial account (CFA). If a transaction creates a liability, like selling a bond to another country, that gets counted in the capital and financial account. But if a transaction doesn’t create a liability (like the fancy red cars), the transaction gets counted in the current account.

Anything that occurs in one account is offset by the opposite happening in the other account. For example, if the current account increases by \$100$100dollar sign, 100, the capital and financial account must decrease by \$100$100dollar sign, 100. The fact that an entry in the current account is offset by an entry in the capital and financial account creates the mathematical identity:

Explanation:

Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 2 for $34,000. In addition to the cost of inventory, the company also pays $540 for freight charges associated with the purchase on the same day.

Required:
Record the purchase of inventory on February 2, including the freight charges.

Answers

Answer:

Dr merchandise inventory($34,000+$540)      $34,540

Cr accounts payable                                                       $34,000

Cr cash                                                                              $540

Explanation:

The cost of inventory purchased is shown as an increase in merchandise inventory since perpetual system of inventory requires that inventory is updated each time there is a receipt or sale of inventory.

In other words, the cost of inventory purchased is debited to merchandise inventory and credited to accounts payable.

The cost of freight is also added to the cost of inventory while it is credited to cash account.

Answer:

The Record the purchase of inventory on February 2, including the freight charges would be as follows:

                                     Debit         Credit

February 2

Merchandise Inventory $34,000  

Accounts Payable                       $34,000

(To Record the Company Purchases Inventory on Account)

                                   Debit Credit

February 2

Merchandise Inventory $540  

Cash                                   $540

(To Record the Freight Charges Paid by the Company)  

Explanation:

The Record the purchase of inventory on February 2, including the freight charges would be as follows:

The company purchases inventory on account on February 2, for $34,000, therefore, journal entry would be:

                                     Debit         Credit

February 2

Merchandise Inventory $34,000  

Accounts Payable                       $34,000

(To Record the Company Purchases Inventory on Account)

 

The company also pays $410 for freight charges associated with the purchase on the same day. Therefore journal would be:

                                    Debit Credit

February 2

Merchandise Inventory $540  

Cash                                   $540

(To Record the Freight Charges Paid by the Company)  

On January​ 1, 2018, Allgood Company purchased equipment and signed a sixminusyear mortgage note for $ 110 comma 000 at 15​%. The note will be paid in equal annual installments of $ 29 comma 066​, beginning January​ 1, 2019. Calculate the portion of interest expense paid on the third installment.​ (Round your answer to the nearest whole​ number.) A. $ 16 comma 500

Answers

Answer:

$12,447 (rounded to the nearest dollar)

Explanation:

I prepared an amortization schedule on an excel spreadsheet.

the interest expense paid in the third yearly payment = $12,447 (rounded to the nearest dollar)

Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)

Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help

Answers

Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.

The three lease options available to Beverly Mills are as follows:

Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile

Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile

Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile

Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

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Imagine you work at a leading department store. Ms. Sanders is a loyal customer
who mainly shops within your department, women's apparel. She is extremely
pleasant and always makes several purchases each visit. Although Ms. Sanders is
considered an easy shopper, she never quite knows what she wants. She's always
interested in everything, from what's new, to what's on sale, to any best sellers!
In two to three sentences, explain how you would give Ms. Sanders, an undecided
customer, the best customer service. (3 points)

Answers

Answer:

I would first thank her for being a loyal customer. Then I would ask if she has any favorites in color, brands, fabrics, etc. Moreover, I would make a decision based on all the information she provided for me, then see her opinion on my final decision.

Explanation:

Hope this helped! :D

Why do you look like dababy?

Why do you look like dababy?

Answers

letsss gooo you know it’s baby

Answer:

nah i am dababy if you try to be me again i will turn you into a convertible

Explanation:

Debt Type
Credit Card 1
Credit Card 2
(Private) Student Loan Debt
Vehicle Debt
Mortgage Debt
Amount
$5000
$2950
$25,745
$10,392
$100,197
1. How long does it take to pay off this debt?
I
2. How much total interest do you pay on your debts?
Interest Rate
which
3. List the debts in which order they are paid off:
26.9%
8.25%
10.5%
4.61%
3.44%
Monthly Payment
150
88.50
Part 1 - High Rate
Enter your 5 debts into the What's The Cost? Calculator, using "Interest Order" (aka

Debt TypeCredit Card 1Credit Card 2(Private) Student Loan DebtVehicle DebtMortgage DebtAmount$5000$2950$25,745$10,392$100,1971.

Answers

Answer:

Select asks which to pay off first: Credit card debt or student loan debt? According to Bruce McClary, a spokesman for the NFCC, there's a special rule.

The essence of successful marketing is that provide unique value in order to gain

Answers

The essence of successful marketing is that provide unique value in order to gain loyal customers.

What is marketing?

Most of the time, the seller, who is typically a manufacturer or merchant, is in charge of marketing. There may be times when tasks need to be completed by a specialized marketing firm or advertising agency. Less frequently, a trade organization or government agency will advocate for a complete economic sector, a specific place, frequently a food item, food from a particular region, or a city or area as a tourism destination. Consumers or other businesses (B2B marketing) may be the target market for a marketer's products (B2C marketing). The marketing mix, which outlines the particulars of the product and how it will be marketed, is influenced by the environment in which the product is sold, the results of market and marketing research, and the characteristics of the product's target market.

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Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.

Answers

If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.

To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.

For MAC1: MAC1 = 100 - 10E

For MAC2: MAC2 = 50 - 10E

To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.

Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E

Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.

MD = Aggregate MAC

30E = 150 - 20E

Simplifying the equation, we get:

50E = 150

E = 3

Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.

Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.

Net social costs = Aggregate MAC - MD

Net social costs = (150 - 20(4)) - (30(4))

Net social costs = 110 - 120

Net social costs = -10

The net social costs of this policy would be -10, indicating a net benefit to society.

If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.

Setting MAC1 equal to MAC2:

100 - 10E = 50 - 10E

Simplifying the equation, we find that E can have any value, as both sides are equal.

Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.

In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.

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To speak with integrity, an accountant should most likely:
A. consider his or her tone of voice carefully when speaking.
B. reserve gossip about coworkers for outside of work.
C. use negative language whenever its necessary.
D. make promises regardless of whether he or she will keep them.
SUBMIT

Answers

The most appropriate option is A. Consider his or her tone of voice carefully when speaking.

why it is?

Speaking with integrity as an accountant requires being honest and transparent in all communication, whether it is verbal or written. One of the ways an accountant can ensure that he or she is speaking with integrity is to carefully consider his or her tone of voice when speaking.

This means being aware of the impact of the words used, and how they might be perceived by others. It also involves communicating in a clear, concise and professional manner that does not include any negative language, gossip or making promises that cannot be kept.

Therefore, option A is the most appropriate answer as it emphasizes the importance of speaking with integrity and being mindful of one's tone of voice when communicating.

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Which TWO details should be covered by the scope of Loretta’s business message?

Loretta is writing a brochure about storm preparedness for the county’s emergency management services. In the brochure, Loretta should include information about the....
a. Different kinds of storms, b. storm routes in the neighboring county, c. storm shelters in the county .

She should also inform the recipients about the..... a. specific medical procedures to follow,b. history of emergency services, c. emergency supplies to have on hand. .

Answers

Answer:

The two details which should cover the scope of Loretta's business message include:

Loretta is writing a brochure about storm preparedness for the county’s emergency management services. In the brochure, Loretta should include information about the....

b. storm routes in the neighboring county.

She should also inform the recipients about the....

c. emergency supplies to have on hand.

Explanation:

How useful is knowing the business impact of your project compared to that of your teammates’ other work?

Answers

It's useful to know the business impact of your project compared to the other work of your teammates to validate your decisions and strategies, generating an exchange of learnings and collaborations necessary in teamwork.

How effective is teamwork?

Currently, human resources correspond to a highly valued resource in organizations, since it is from individuals who provide innovative ideas and creative solutions to lead to the development and positioning of companies in the market. Through integration with other collaborators, knowledge increases, there is faster decision making and greater productivity.

Therefore, teamwork must be integrated and directed by a leader who can understand and develop the potential of each member, through motivation, assistance, feedback and training, thus generating more effective results and higher quality in the delivery of commercial projects.

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Suppose that China is a small country of peanuts import, and the demand and supply of peanuts are as follows:

D=400-10P, S=50+5P,

The price of peanuts in the international market is set at USD 10. Please use figures and figures to illustrate the following problems:

(1) Under the free trade, China's peanuts production and import and export volume, the impact of free trade on domestic consumption and the welfare of manufacturers.

(2) China has imposed an quote limit of 200 units for peanuts import, the production and trade volume of domestic peanuts, and the welfare changes of consumers and manufacturers compared with free trade.

Answers

1. a. Under free trade, China's peanuts domestic production will be 100 units (50 + 5 x 10).

b. Under free trade, China's peanuts import will be 200 units (300 - 100).

c. Under free trade, China's peanuts export will be negative 200 units (100 - 300).

d. Free trade ensures that domestic consumption is met because domestic manufacturers will produce 100 units while the remaining 200 units demanded by consumers will be met through imports.

2. a. With a quota limit of 200 units for peanuts import, peanuts production will still be 100 units (50 + 5 x 10).

b. Under the quota limit, China's peanuts import will be 200 units (300 - 100) since internal production is not more than 100 units.

c. Under the quota limit, China's peanuts export will be zero units.

d. The quota limit will still ensure that domestic consumption is met because the quota of 200 units plus 100 units of internal production will meet domestic demand for 300 units.

What are Free Trade and Quota?

Free trade implies the absence of any government-imposed limits on imports and exports.  On the other hand, quota refers to the trade restriction imposed by governments.

Data and Calculations:

D = 400 - 10P

S = 50 + 5P

Where:

D = Demand

S = Domestic Supply

P = Price

Price = $10

a. The quantity demanded will be 300 units (400 - 10 x  10).

b. The quantity supplied (domestically) will be 100 units (50 + 5 x 10).

c. The import quantity will be 200 units (300 - 100).

c. Quota imposed on imports of peanuts = 200 units

Thus, there will be no changes in the welfare of consumers and manufacturers under the quota limit compared with free trade because the quota meets domestic demand.

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321 ASSIGNMENT 1: Individual Assignment. Discuss the contribution of transportation to the development of the developing countries at a global level with specific focus on the South African economy. {100} In essay format​

Answers

In emerging countries, transportation is extremely important. The world's richest and most powerful nations have effective transportation infrastructure. Maciulis (2009) cited as an example:

Increasing reliability, improving service quality, and increasing transport capacity are the goals of investments in transportation infrastructure. As a result, transportation expenses were reduced, and transit times were shortened. Additionally, a stronger transportation infrastructure is a must for business growth. Summarizing the previously discussed concepts, we now have increased productivity and competitiveness, which are the foundation of economic growth.

As human needs change, so do transportation facilities. Today, people, food, and finished goods may all be transported using a variety of modes of transportation, including the car, bus, truck, subway, train, ship, and airplane. Transportation has a lot of advantages, but it also has some drawbacks. According to Litman (2012), greenhouse gases from automobiles are responsible for some consequences on human health and the environment, such as climate change.

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Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow:
Total Luxury Sporty
Sales revenue $510,000 $380,000 $130.000
Variable expenses 365.000 245,000 120.000
Contribution margin 145.000 135,000 10.000
Fixed expenses 80 000 40,000 40,000
Operating income (loss) $65.000 $95.000 $(130,000)
Assuming the Sporty line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Sporty line is used to increase the production of Luxury watches by 250%, how will operating income be affected?
A. Increase $257,500.
B. Increase $337,500.
C. Increase $192,500.
D. Decrease $192,500.
J&A Corporation has a monthly target operating income of $35,700. Variable expenses are 30% of sales and monthly fixed expenses are $13,300. What is the monthly margin of safety as a percentage of target sales in dollars?
A. 26.84%.
B. 72.86%.
C. 13.73%.
D. 70%.

Answers

Answer:

A. Operating income will increase by $257,500

Explanation:

Given the following,

Sales revenue

Total  = $130,000

Luxury = $510,000

Sporty = $380,000

Variable expense

Total = $120,000

Luxury = $365,000

Sporty = $245,000

Contribution margin

Total = $10,000

Luxury = $145,000

Sporty = $135,000

New income statement

Sales  

$510,000

Less : Variable costs

($365,000)

Contribution margin

$145,000

Fixed cost

($40,000 + $40,000)

($80,000)

Operating income

$65,000

An assembly line with 17 tasks is to be balanced. The longest task is 2.4 minutes, and the total time for all tasks is 18 minutes. The line will operate for 450 minutes per day.Required:a. What are the minimum and maximum cycle times? b. What range of daily output is theoretically possible for the line? c. What is the minimum number of workstations needed if the maximum output rate is to be sought?d. What cycle time will provide an output rate of 125 units per day?

Answers

Answer

a)Minumum cycle time = 2.4 Minutes And Maximum cycle time = 18 Minutes

b)=187.5 units per day and 25 units per day

c) 8 workstation

d)2.6min/cycle

Explanation:

Given:

output rate = 125 units per day

Operating time= 450 minutes per day

What are the minimum and maximum cycle times?

Minimum Cycle time = duration of the longest task

Therefore,Minimum cycle time = 2.4 minutes

Maximum cycle time = addition of the task

Maximum Cycle Time = 18 minutes

Therefore, Minumum cycle time = 2.4 Minutes And Maximum cycle time = 18 Minutes

B)B)What range of daily output is theoretically possible for the line?

Range of daily output = Operating time / minimum Cycle time

At 2.4 minutes Cycletime

= 450/2.4

=187.5 units per day

At Cycle time 18 Minutes

= 450/18

Cycle time 18 minutes = 25 units per day

C)What is the minimum number of workstations needed if the maximum output rate is to be sought?

number of workstation=(D× summation of all task)/Operating time

number of workstation=(187.5*18)/450

= 7.5= 8 workstation

D)What cycle time will provide an output rate of 125 units per day?

cycle time= Operating time/output rate

=450/125

= 2.6min/cycle

State 2 functions of an entrepreneur.

Answers

Answer:

taking the risk of developing new products or services.

successfully bringing new products and services into the marketplace.

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