Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $38,600. Cash receipts are expected to be $652,000 and cash payments for purchases are expected to be $614,000. Other cash expenses expected are $28,100 selling and $34,600 general and administrative. The company desires a minimum cash balance at the end of each month of $25,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The amount Webster must borrow during April is: Multiple Choice $0. $11,100. $13,900. $101,600. $76,600.

Answers

Answer 1

Answer:

$11,100

Explanation:

Calculation for the amount Webster must borrow during April

First step is to find the Preliminary Cash Balance

Preliminary Cash Balance = $38,600 + $652,000 - $614, 000 - $28,100 - $34,600

Preliminary Cash Balance=$13,900.

Second step is to find the amount to be borrowed

The amount to be borrowed = $25,000 - $13,900

The amount to be borrowed= $11,100.

Therefore The amount to be borrowed is $11,100.


Related Questions

You have obtained a sub-sample of 1744 individuals from the Current Population Survey (CPS) and are interested in the relationship between weekly earnings and age. The regression, using heteroskedasticity-robust standard errors, yielded the following result:_____.
Earn = 239.16 + 5.20×Age , R = 0.05, SER = 287.21.,
(20.24) (0.57)
where Earn and Age are measured in dollars and years respectively.
(a) Is the relationship between Age and Earn statistically significant?
(b) The variance of the error term and the variance of the dependent variable are related. Given the distribution of earnings, do you think it is plausible that the distribution of errors is normal?
(c) Construct a 95% confidence interval for both the slope and the intercept.

Answers

Answer:

Let me give you an example of a segment addition problem that uses three points that asks the student to solve for x but has a solution x = 20.

First, I assumed values for each x, y and z and then manipulated their coefficients to get the total at the end of each equation.

20 + 10 +30 = 60

40 + 0 + 40 = 80

40 + 10 = 50

Then exchangeing these numbers into values and we have the following equation.

x + 2y + 3z = 60

2x + 4z = 80

2x + z = 50 so its easy

If you will solve them manually by substituting their variables into these equations, you can get

x = 20

y = 5

z = 10

Explanation:

As robin uses her computer to write a report of her team’s investigation she is struggling to keep the foot notes numbered in the correct order which of the following is the best advice for robin

Answers

It is advisable for Robin to use the word-processing software to enter footnotes to number them systematically.

What is a Word Processing Software?

The different computer programs, which are easily to be performed in the Word documents, is done with the help and assistance of a word processing software.

The functions of Word Processing Software are performed automatically and saves a lot of time and man-hours.

Hence, option B holds states about the word processing software. Complete question is attached in the image below for better understanding of the concept.

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As robin uses her computer to write a report of her teams investigation she is struggling to keep the

A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. The job consisted of 7,100 units and was completed in 19,300 hours at a total labor cost of $172,800. What is the total labor cost variance?

Answers

Answer:

$2,400 unfavorable

Explanation:

Given that;

Time = 3 hours

Cost of labor = $8 per hour

Number of units = 7,100

Total actual labor cost = $172,800

Standard labor cost = 7,100 × 3 × $8 = $170,400

Total labor cost variance = Standard labor cost - Actual labor cost variance

Total labor cost variance = $170,400 - $172,800

Total labor cost variance = -$2,400

The negative sign here means that it is unfavorable, hence total labor cost variance is $2,400 unfavorable

PLEASE HELP!
Describe a research process to learn more about colleges:
a. What type of college do you plan to attend and what type of degree do you plan to earn?
b. Describe at least three tools or events you will use to research the type of school you will attend.

Answers

a. To determine the type of college and degree I plan to pursue, I would begin by assessing my interests, career goals, and personal preferences.

b. To research the type of school I will attend, I would utilize several tools and events.

a. I would consider factors such as the field of study I'm interested in, the location, the size of the institution, and any specific program requirements. By thoroughly researching various college options and exploring different degree programs, I can make an informed decision about the type of college and degree that aligns with my aspirations.

b. Firstly, I would explore college search websites like College Board's Big Future or Niche to gather information about different colleges, their programs, admission requirements, and student reviews.

Secondly, attending college fairs or virtual college events would provide an opportunity to directly interact with representatives from different institutions and gather firsthand information.

Additionally, I would make use of college guidebooks and publications to gain insights into the reputation, rankings, and overall quality of the colleges under consideration.

These three tools and events would provide a comprehensive perspective on the colleges and assist me in making an informed decision about the type of school I plan to attend.

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When Holly entered the competition, she had a __percent chance of winning.
When Holly entered the competition, she had a __percent chance of losing.
When Lefty entered the competition, he had a __percent chance of winning.
When Lefty entered the competition, he had a __percent chance of losing.
By the October 6 and 7 round, Holly had ___percent chance of winning.
By the October 8 round, Holly had a ___percent chance of winning.

When Holly entered the competition, she had a __percent chance of winning.When Holly entered the competition,

Answers

Answer:

PERCENT CHANCE = ((No of Probable Outcome) / (Total no of population)) * 100

1. When Holly entered the competition , she had a _____ percent chance of winning.

No of probable outcomes = 1

Total no of population = 8

Percent chance = (1/8) * 100 = 12.5%

2. When Holly entered the competition , she had a _____ percent chance of losing.

No of probable outcomes = 7

Total no of population = 8

Percent chance = (7/8) * 100 = 87.5%

3. When Lefty entered the competition , he had a _____ percent chance of winning.

No of probable outcomes = 1

Total no of population = 8

Percent chance = (1/8) * 100 = 12.5%

4. When Lefty entered the competition , he had a _____ percent chance of losing.

No of probable outcomes = 7

Total no of population = 8

Percent chance = (7/8) * 100 = 87.5%

5. By the October 6 & 7 round, Holly had _____ percent chance of winning.

No of probable outcomes = 1

Total no of population = 4

Percent chance = (1/4) * 100 = 25%

6. By the October 8 round, Holly had _____ percent chance of winning.

No of probable outcomes = 1

Total no of population = 2

Percent chance = (1/2) * 100 = 50%

Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a building at a cost of $1,190,000 that is currently appraised at $1,390,000. The equipment originally cost $670,000 and is currently valued at $417,000. The inventory is valued on the balance sheet at $360,000 but has a market value of only one-half of that amount. The owner expects to collect 97 percent of the $200,200 in accounts receivable. The firm has $11,200 in cash and owes a total of $1,390,000. The legal problems are personal and unrelated to the actual business. What is the market value of this firm

Answers

Answer:

$802,394

Explanation:

   Calculation of market value of firm

Particulars                        Current value

Building                               $1,390,000

Equipment                          $417,000

Inventory                             $180,000 ($360,000 * 1/2)

Account receivable            $194,194  ($200,200 * 0.97)

Cash                                    $11,200

Money owned                    ($1,390,000)

Total market value            $802,394

So, the market value of this firm is $802,394.

-At which point are you producing all running shoe
inserts and no hiking boot inserts?

-Which production point would be a goal for the future
but cannot be attained now?

Answer is A,X

Answers

Answer:

the guy above is right trust me (kid in all cp classes)

Explanation:

but yea he is correct

Steve has built an online shopping website and he would like to increase his website ranking in the search results. You are his consultant. Which of the following would you recommend for him to help achieve his goal?

Answers

Answer: By linking his website to other popular websites.

Hope this helps you.

. A firm has $5 billion outstanding in long-term bonds. The firm currently has sufficient cash flow to make the scheduled coupon payments but would struggle to make those payments in the future if a substantial weakening of the economy occurs. The most likely rating on these bonds is:
a. B.
b. CCC.
c. AAA.
d. BBB.

Answers

The most likely rating for these bonds would be CCC based on the information supplied. As a result, choice (B) is a correct response.

The most probable rating for these bonds, according on the information given, is CCC. According to the presented scenario, the company might have trouble making future coupon payments if the economy significantly weakens. This implies that the company's financial health and credit standing may be in jeopardy.

Bonds with a CCC rating often have a very high credit risk, meaning there is a high chance they will fail or have payments fall behind schedule. This grade is in line with the described circumstances and expresses worries about the firm's capacity to pay its debts in the future.

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(214) 1. Distinguish between technical efficiency and allocative efficiency. Use the two concepts of efficiency to compare a perfect market structure with a monopoly.​

Answers

Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.

Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.

When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.

In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.

Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.

Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.

If you are paid $15 per $100 sold, what is your type of payment?

a. Commission

b. Salary

c. Wage

d. Pension


Please select the best answer from the choices provided

Answers

i’m pretty sure the answer is a. commission

the best answer is a the Commission is the one that typed of payment

What are 3 lessons learned in webinar balancing innovation , strategy and risk to win in an always accelerating external change environment

Answers

The lessons learned in webinar balancing innovation, strategy and risk to win in an always accelerating external change environment are:

The only way to survive the fierce rivalry offered by market competitors is through innovation.If we look back at the development of technology, we might recall the invention of radio-like black and white television.In the modern workplace, innovation is crucial. However, some workplaces struggle to adapt to new innovations and suffer as a result, losing their competitive edge.

What link exists between innovation and risk?

The risk involved in innovation increases with process length. Always keeping an eye out for warning signs is essential. Do not be afraid to give up on your ideas since there may be instances when stopping or delaying the innovation project you are working on is the best course of action for your entire company.

Therefore, The corporations started concentrating solely on innovation as a result of the increase in competitiveness and the development of technology. However, the excessive emphasis on innovation had a negative impact on sustainability and consistency.

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An income statement compares: a) revenue and sales. b) sales and expenses. c) expenses and assets. d) assets and liabilities

Answers

The purpose of an income statement is to compare b) sales and expenses.

What is an income statement?

An income statement is a financial statement that a company uses to find out how much profit they have made over the course of an operating period which is often a year.

The first entry into an income statement is sales. This can also be called service revenue for service providing companies. Expenses are then deducted from this revenue to find out the net income. This means that an income statement compares revenue / sales and expense.

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2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics

Answers

When a tactics is harmful causing various harms to human health or posing threat it should not be supported.

What are Harmful tactics?

They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.

This actions are harmful and the results are usually detrimental.

Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.

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A market orientation requires organizations to

Answers

A market orientation requires organizations to gather information about customer needs, share that information throughout the entire firm, and use it to help build long-term relationships with customers.

A company proposes to invest in two divisible projects which are expected to generate the following cash flows.   Cash flows Year Project A Project B
1 10,000 10,000
2 60,000 30,000
Additional information
1.       The cost of capital applicable to both projects is 12%
2.       Project A requires sh. 20,000 and Project B 10,000 initial investment. 3.       The funds available are restricted as follows;
Years Cash available
0 1,000,000
1 800,000
4.       Funds not utilized one year will not be available in the subsequent years. Required;         
i.            Formulate a linear programming model to solve the above problem.        ii.            Solve the problem graphically and comment on the proportion of investing on the two projects.​

Answers

The graphical solution of this linear programming problem will involve plotting the feasible region defined by the constraints and identifying the corner points of the region. The corner point that maximizes the objective function will represent the optimal investment proportions between the two projects.

To formulate a linear programming model for the investment decision between Project A and Project B, we can define the following variables:

Let x be the amount invested in Project A (in thousands of shillings).

Let y be the amount invested in Project B (in thousands of shillings).

The objective is to maximize the total cash flows generated from the investments, which can be represented as: Maximize Z = 10x + 60y + 10x + 30y

Subject to the following constraints:

The total investment should not exceed the available funds:

x + y ≤ 1,000 (in thousands of shillings)

Project A requires an initial investment of 20,000 (in thousands of shillings):

x ≥ 20

Project B requires an initial investment of 10,000 (in thousands of shillings):

y ≥ 10

The funds available in each year should be utilized:

x + y ≤ 800 (for year 1)

The graphical solution of this linear programming problem will involve plotting the feasible region defined by the constraints and identifying the corner points of the region. The corner point that maximizes the objective function will represent the optimal investment proportions between the two projects.

Based on the graphical solution, the proportion of investing in the two projects will depend on the intersection of the feasible region and the objective function. The specific proportion will vary depending on the values and slopes of the constraints and objective function.

It is important to note that the actual graphical solution and interpretation of the proportion will require the specific values and plot of the feasible region and objective function.

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what kind of kitkat are low demand? ​

Answers

Kitkat is one of the most selling chocolate brand. The kitkat products which are of low demands are mostly Wasabi kitkat,, whole grain biscuits, cough drop kit kat etc.

What is product demand?

The demand for a product changes with taste and needs of consumers. Price elasticity, or consumer behaviour in response to price changes, is the category that describes how consumer demand responds to changes in pricing.

The individual buyer exhibited rational conduct; he sought to maximise the number of advantages, i.e., the ratio of the cost of the meal to the cost of the purchase.

Kitkat is a popular brand and many products such as biscuits, chips, cough drops and chocolate bars are delivered by them. Among them, the products that are commonly of low demand are Wasabi kitkat, cough drop kit kat and whole grain biscuits.

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An essay about umntu ngumntu ngabantu​

Answers

Give a little more context please

Gabby works for an online birthday-celebration company. The company’s key business is to receive orders to send birthday cakes, cards, and flowers to people who have their birthdays on particular days. Therefore, the company obviously maintains a huge database of customers and most of their personal details. Gabby’s colleague Marcos uses some of this information to date a few female single customers. Is the behavior of Marcos appropriate per any standards? A. Yes, he was only innocuously dating the female customers. B. Yes, he is not making any business out of the information. C. No, because per the FTC regulations, all personal details of customers should be protected. D. No, because using personal information of the same gender is permissible, but not of the opposite gender.

Answers

C. No, because as per the FTC regulations, all personal details of customers should be protected.

In its closing financial statements for its first year in business, the Runs and Goses Company, had cash of $242, accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts payable of $700, short-term notes payable of $740, long-term liabilities of $1,100, common stock of $1,160, retained earnings of $1,620, net sales of $2,768, cost of goods sold of $1,210, depreciation of $360, interest expense of $160, taxes of $312, addition to retained earnings of $508, and dividends paid of $218.

Calculate:

a. Return on equity = __________
b. Return on total assets = __________
c. Gross profit margin = __________
d. Net profit margin = __________

Answers

Answer:

return on equality

return on way

return on potos

i will want to know about questio n

i can help you in this field ok bro

helnid is my code way ti go

Return on Equity can be calculated as Return on Equity = Net Income / share holders equity. Return on Equity = 726 /2780. Thus, Return on Equity = 26.11%

What is Return on Equity?

The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). A corporation is better at turning its equity financing into profits the higher the ROE.

Although average ratios and those deemed "good" and "poor" might differ significantly from industry to industry, a return on equity ratio of 15% to 20% is typically regarded as good. The ratio would be regarded as low at 5%.

b)Return on Asset Ratio

Return on Asset Ratio = Net Income / Total Assets

Return on Asset Ratio = 726/ 5,320

Return on Asset Ratio = 13.65%

c)Gross Profit Margin

Gross Profit Margin = Gross Profit / Net Sales

Profit Margin = 1,558/ 2,768

Profit Margin =56.29%

d)Net Profit Margin

Net Profit Margin = Net Income / Net Sales

Profit Margin = 726/ 2,768

Net Profit Margin =26.23%

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Evaluate the potential of acquisitions of a) Santa Isabel and b) Royal Ahold? What do you recommend?

Answers

Acquisition is never an easy feat. One of the problems that was associated with the acquisition of Santa Isabel by Royal Ahold, was that in that year, Ahold's books went red. The reason for this was put on Santa Isabel.

What is an acquisition?

An acquisition in business refers to the purchase of majority stake in a company. This is known as a partial acquisition.

In some cases, there are 100% acquisitions. In this case, there was first a partial acquisition to the tune of 70%.

This translated to unwarranted legal battles for Royal Ahold who was asked to pay more for the remaining 30% by a minority shareholders.

The recommendations must come from a technical/financial analysis of what the opportunities are for Royal Ahold should they gain 100% control of the company.

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Wig Creations Company supplies wigs and hair care products to beauty salons throughout Texas and the Southwest. The accounts receivable clerk for Wig Creations prepared the following partially completed aging of receivables schedule as of the end of business on December 31, 20Y7:

Not Days Past Due
Past
Customer Balance Due 1-30 31-60 61-90 91-120 Over 120
ABC Beauty 20,300 20,300
Angel Wigs 7,500 7,500

Zodiac Beauty 4,100 4,100
Subtotals 1,305,500 743,100 296,100 127,700 43,000 17,300 78,300
The following accounts were unintentionally omitted from the aging schedule. Assume all due dates are for the current year except for Visions Hair & Nail, which is due in the next year.

Customer Due Date Balance
Arcade Beauty Aug. 17 $5,500
Creative Images Oct. 30 4,900
Excel Hair Products July 3 8,600
First Class Hair Care Sept. 8 6,900
Golden Images Nov. 23 3,900
Oh That Hair Nov. 29 2,900
One Stop Hair Designs Dec. 7 6,400
Visions Hair & Nail Jan. 11 4,300
Wig Creations has a past history of uncollectible accounts by age category, as follows:

Age Class Percent Uncollectible
Not past due 1 %
1-30 days past due 3
31-60 days past due 9
61-90 days past due 32
91-120 days past due 42
Over 120 days past due 75
Required:

Question Content Area
1. Determine the number of days past due for each of the preceding accounts. If an account is not past due, enter a zero.

Customer Due Date Number of Days Past Due
Arcade Beauty Aug. 17 fill in the blank 85ddb5ffaff8055_1
days
Creative Images Oct. 30 fill in the blank 85ddb5ffaff8055_2
days
Excel Hair Products July 3 fill in the blank 85ddb5ffaff8055_3
days
First Class Hair Care Sept. 8 fill in the blank 85ddb5ffaff8055_4
days
Golden Images Nov. 23 fill in the blank 85ddb5ffaff8055_5
days
Oh That Hair Nov. 29 fill in the blank 85ddb5ffaff8055_6
days
One Stop Hair Designs Dec. 7 fill in the blank 85ddb5ffaff8055_7
days
Visions Hair & Nail Jan. 11 fill in the blank 85ddb5ffaff8055_8
days

Answers

Company: The number of days past due is calculated by subtracting the due date from the current date.

What is Company?

A company is a type of business that is owned and operated by its shareholders. It is a legal entity that is separate from its owners and can be used to conduct business activities. A company can be organized in a variety of ways, such as a sole proprietorship, partnership, limited liability company, or corporation. Companies are typically formed to earn profits for their shareholders and are subject to regulations, taxation, and other legal requirements.

Customer Due Date Number of Days Past Due
Arcade Beauty Aug. 17 85 85ddb5ffaff8055_1 days
Creative Images Oct. 30 55 85ddb5ffaff8055_2 days
Excel Hair Products July 3 135 85ddb5ffaff8055_3 days
First Class Hair Care Sept. 8 75 85ddb5ffaff8055_4 days
Golden Images Nov. 23 15 85ddb5ffaff8055_5 days
Oh That Hair Nov. 29 9 85ddb5ffaff8055_6 days
One Stop Hair Designs Dec. 7 0 85ddb5ffaff8055_7 days
Visions Hair & Nail Jan. 11 -25 85ddb5ffaff8055_8days
The number of days past due is calculated by subtracting the due date from the current date. For example, Arcade Beauty is due on Aug. 17 and the current date is December 31, so the number of days past due is 85 days. Visions Hair & Nail is due on January 11, so the number of days past due is -25, since the due date is in the future.

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Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview

Answers

The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.

The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.

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1. Why is running a Website typically lesa
expensive than running a storefront business?

Answers

Answer:

storefront businesses mean electricity bills, water bills, employee payments, while a website you usually pay one fee and get paid.

Beyond detailing regulations, what service does OSHA provide?
environmental protection
staff supervision
consulting with businesses
workman's compensation
1
pts

Answers

Answer:

consulting with businesses

Explanation:

Beyond detailing regulations, what service does OSHA provide?environmental protectionstaff supervisionconsulting

Which of the following statements are true about natural monopoly
1. 5g lte company must own a scare resource
2. 5g lte company is experiencing diseconomies of scale
3. It’s more efficient on the cost side for one producer to exist in this market rather than a large number of producers
4. 5g lte company is experiencing economies of scale

Answers

Without government regulation, natural monopolies cannot generate zero profit. This assertion is accurate. Monopolies maximise profit, and despite the absence of any government regulation, they eventually turn a profit.

A natural monopoly is which of the following?

Tap water is an illustration of a natural monopoly. Given the significant capital expenditures associated with establishing a nationwide network of pipes and sewage systems, it makes logical to have only one company provide a network of water pipes and sewers.

Which statement on the perfect competition MCQ is accurate?

A vast number of sellers or businesses are required for ideal competition to exist. The second essential requirement of a perfect market is homogeneous commodities.

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What is the Importance of Public Personnel Management?

Answers

Public personnel management is crucial for the effective functioning of public sector organizations. It encompasses the policies, practices, and processes involved in managing the human resources of government agencies at various levels.

The importance of public personnel management can be understood from several perspectives:

1. Efficient Service Delivery: Public personnel management ensures that government agencies have competent and motivated employees who can efficiently deliver public services. By recruiting, selecting, and retaining the right people for the job, personnel management contributes to enhancing the quality and responsiveness of public services.

2. Merit-Based System: Public personnel management promotes a merit-based system where individuals are hired and promoted based on their qualifications, skills, and performance rather than favoritism or nepotism. This helps to build a professional and competent workforce and fosters public trust and confidence in government institutions.

3. Employee Development: Personnel management plays a crucial role in providing training and development opportunities to public sector employees. Continuous learning and skill enhancement programs enable employees to adapt to changing work requirements, improve their performance, and contribute effectively to organizational goals.

4. Fairness and Equity: Effective personnel management ensures fairness and equity in the treatment of employees. It establishes transparent and standardized processes for recruitment, performance evaluation, promotion, and disciplinary actions, reducing the likelihood of discrimination and promoting a culture of fairness and equality.

5. Workforce Planning: Public personnel management involves strategic workforce planning to anticipate and address future human resource needs. By identifying skills gaps, succession planning, and implementing effective recruitment and retention strategies, it ensures that the organization has the right people with the right skills in the right positions.

6. Employee Engagement and Morale: Public personnel management practices, such as performance recognition, rewards, and employee involvement, contribute to higher levels of employee engagement and morale. Engaged employees are more likely to be motivated, committed, and productive, leading to improved organizational performance.

In conclusion, public personnel management is essential for efficient and effective public service delivery, promoting a merit-based system, developing employees, ensuring fairness and equity, strategic workforce planning, and enhancing employee engagement. By focusing on the management of human resources, public sector organizations can achieve their objectives and serve the needs of the public more effectively.

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Explain the differences between quality management and quality performance ​

Answers

While quality performance assesses the actual results and outcomes in terms of achieving quality standards and customer expectations, quality management focuses on the systematic management of quality processes and systems. To promote and ensure quality performance inside a company, quality management offers the structure and tools.

A company's, product's, or service's ability to continually performance properly is ensured through quality management. Planning for quality, ensuring for quality, controlling for quality, and improving for quality are its four key parts.

Quality management places equal emphasis on methods for achieving high product and service quality. As a result, quality management employs quality assurance and control of both processes and products to ensure more consistent quality. Quality management also includes quality control.

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The two major newspapers in the city, Daily Voice and Town Herald, are considering whether to raise the subscription price. The first entries in the matrix above show the profits of Daily Voice, and the second entries show the profits of Town Herald. Which of the following is consistent with the above payoff matrix. O "Do not change subscription price" is a dominant strategy of Daily Voice O "Increase subscription price" is a dominant strategy for Town Herald O "Increase subscription price" is a dominant strategy for Daily Voice O "Do not change subscription price" is a dominant strategy of Town Herald O There are no dominant strategies in the above payoff matrix

Answers

There are no dominant strategies in the above payoff matrix consistent with the mentioned payoff matrix. Hence, option (e) can be regarded as the relevant choice of answer.

Give a brief account on payoff matrix.

In game theory, a payoff matrix is a table where one player's strategies are written in rows and the other player's strategies are stated in columns. The cells in the matrix show the rewards for each player, with the row player's rewards appearing first. A player's incremental gain, profit, or loss, depending on whether they execute their strategy in response to the other player's strategy, is the game's payoff. The outcome is based on the game's circumstances. Businesses who are deciding on their advertising budgets, for instance, are concerned with their revenue, whereas businesses that are making new investments in machinery and plant are looking to determine their rate of return. Because it condenses the necessary data and enables us to assess whether a dominant strategy and/or Nash equilibrium exist, a payoff matrix is a crucial tool in game theory. It can be used in oligopoly models, among others.

To solve the question :

a) Payoff matrix

                                                     Do Not Change        Increase Subscription

                                                    Subscription Price              Price                                              

Do Not Change Subscription

                Price                              $500      $400            $200     $700

Increase Subscription Price         $600       $300           $300      $100

The Daily Voice and Town Herald are the players in the matrix payoff game.

b) In this matrix, there isn't a dominant strategy that unquestionably benefits Daily Voice or Town Herald. If one party constantly benefits from a specific strategy, regardless of the plan the other party choose, then that strategy is said to be dominant.

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The complete question is mentioned below :

Do Not Change Subscription Price Increase Subscription Price

DailyVoice Do Not Change Subscription Price $500, $400 $200, $700

Increase Subscription Price $600, $300 $300, $100

The two major newspapers in a city, Daily Voice and Town Herald, are considering whether to raise the subscription price. The first entries in the matrix above show the profits to Daily Voice, and the second entries show the profits to Town Herald. Which of the following is consistent with the above payoff matrix?

a. Do Not Change Subscription Price is a dominant strategy forDaily Voice.

b. Do Not Change Subscription Price is a dominant strategy forTown Herald.

c. Increase Subscription Price is a dominant strategy forDaily Voice.

d. Increase Subscription Price is a dominant strategy forTown Herald.

e. There are no dominant strategies in the above payoff matrix

Bella is 23 years old and wants to invest money for her retirement. She wants to have $2,000,000 saved up when she retires at age 65. a) If she can earn 10% per year in an equity mutual fund, calculate the amount of money she would have to invest in equal annual amounts to achieve her retirement goal. b) Alternatively, how much would she have to invest in equal monthly amounts starting at the end of the current year or month respectively. c) Looking at these numbers, most people would think this is affordable. Why do you think most Americans are not saving for their retirement? Discuss what you believe to be the real reason most 23 year olds (like Bella) are not saving for retirement. What do you think we can do to change this trend?

Answers

Answer to a:

The number of years for which the deposits will be made is given by:

= Retirement age - current age

= 65 - 23

= 42 years

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