Describe a successful and unsuccessful attempt at job redesign that you have experienced or observed. What factors contributed to the success or failure of the change initiative? How could the unsuccessful attempt have been managed better.

Answers

Answer 1

Answer:

Explanation:

I have personally seen a successful job redesign where the managers rearranged the tasks and responsibilities of the workers but at the same time made sure that the new tasks fit the employee that was assigned those tasks/responsibilities. The managers went through each employee's skillsets and past experience and moved each employee around in the organization in order for each responsibility to have the most efficient employee handling it within the organization. This allowed everything to continue flowing without any problems.


Related Questions

With a planned volume of 15,000 units, the master budget includes variable costs of $450,000 and fixed costs of $350,000. If the actual volume is 12,000 units, the total costs under flexible budget should be:__________a. $490,000.b. $560,000.c. $650,000.d. $710,000.

Answers

Answer:

Total cost= $710,000

Explanation:

Giving the following information:

15,00 units:

Fixed costs= $350,000

Total variable cost= $450,000

First, we need to calculate the unitary variable cost:

Unitary variable cost= 450,000 / 15,000

Unitary variable cost= $30

Now, the total cost for 12,000 units:

Total cost= 350,000 + 30*12,000

Total cost= $710,000

A major element in budgetary control is A. the preparation of long-term plans. B. the comparison of actual results with planned objectives. C. the valuation of inventories. D. approval of the budget by the stockholders.

Answers

Answer:

b. the comparison of actual results with planned

Explanation:

Budgetary control can be regarded as a way whereby budgets are been set up because if the future period then make comparison with the actual performance so that variances could be found if any. To find variance as well as corrective measures, , there should be a comparison of budgeted figures with respect to actual figures by management. It should be noted that major element in budgetary control is the comparison of actual results with planned

A stock has the following returns over three consecutive years: 85%, 58%, and 128%. What is the arithmetic average?

Answers

Answer:

The stock's arithmetic average is:

90.33%.

Explanation:

a) Data and Calculations:

Returns over three consecutive years:

Year 1 =   85%

Year 2 =  58%

Year 3 = 128%

Total returns = 271%

Average = Total returns divided by number of years

= 271/3

= 90.333

=90.33%

b) The arithmetic average is the total returns divided by the number of years involved.  This implies that we find the average or the mean by adding up some pieces of data together and dividing by the number of the pieces of data.

Which of the following was the first nation to prosper due to the use of power equipment vice (might be via) hand tools?
A. France
B. Great Britain
C. United States

Answers

Answer:

B). Great Britain

Explanation:

The first nation expanded due to the use of hand tools and power equipment was Great Britain. Its industries of handtools played a great role in flourishing the trade industries of Britain and gave a new significance to agricultural raw materials and craftsmen. The Great Britain's idea also gained from its rule of India as the Indian products suddenly raised demand in the market which compelled the state to bring a handmade craft revolution. Thus, option B is the correct answer.

Feeling "He who does the work of the King ought to be King," Pope Zacharias helped whom become King of the Franks in 751?

a. Charles Martel
b. Childeric
c. Pepin the Short

Answers

Answer:

(C) Pepin The Short

Explanation:

In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.

In 743AD, Pepin and his brother chose Childeric to be the apparent King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).

In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.

In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.

Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.

A trustworthy friend asks to borrow money from you today. She promises to pay you exactly $3750 in 3 years, and she insists on your earning the same interest rate on your loan to her as you would have earned keeping your money in your savings account that earns 2%. How much can you lend her today?

Answers

Answer:

$3,533.71

Explanation:

Amount to be lent today = Future value/(1+Interest rate)^Number of years

Amount to be lent today = 3750/(1.02)^3

Amount to be lent today  = 3750/1.061208

Amount to be lent today = $3,533.71

Hence, amount to be lent today = $3,533.71

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were originally issued and 10,000 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2-per-share dividend is declared?a) $60,000.b) $5,000.c) $100,000.d) $55,000.

Answers

Answer:

c) $100,000

Explanation:

Number of shares originally issued   60,000

Less: Number of shares reacquired  (10,000)

Outstanding number of shares          50,000

Dividends per share declared            $2        

Total dividends declares                   $100,000 (50,000 shares * $2)

Knowledge Check 01 An unfavorable variance of $5,000 in cost of goods sold is determined by comparing the actual results (10,000 units) and the flexible budget (10,000 units). What type of variance is described?a. Activity variance b. Spending variance c. Revenue variance

Answers

Answer:

The correct option is b. Spending variance.

Explanation:

Spending variance can be described as the difference between the actual cost and budgeted cost at the actual activity level.

Since cost of goods sold (COGS) is the direct costs incurred to produce the goods that is sold by a firm, it therefore implies that the amount of variance in cost of goods sold can be determined by comparing the actual results and the flexible budget at the actual activity level or actual units.

Based on the explanation above, the correct option is b. Spending variance. That is, Spending variance is an unfavorable variance of $5,000 in cost of goods sold is determined by comparing the actual results (10,000 units) and the flexible budget (10,000 units).

I-cache miss rate is 2%, D-cache miss rate is 5%. Miss penalty is 100 cycles. Base CPI is 2 CPI. If load and store are 20% of instructions, what is the actual CPI?

Answers

Answer:

5

Explanation:

Given that:

i - cache miss rate = 2%

D-cache miss rate = 5%

Miss penalty = 100 cycles

Base CPI = 2 CPI

If load and store are 20% of instructions

i - cache = 2% * 100 = 0.02 * 100 = 2

D - cache = 5% * 20% of instructions * 100

D - cache = (0.05 * 0.2 * 100) = 1

Base CPI = 2

Hence, Actual CPI :

i - cache + D-cache + Base CPI

(2 + 1 + 2) = 5

For a continuous review​ policy, 74% cycle service​ level, lead time equals 1.5​ weeks, and standard deviation of weekly demand​ = 200, how many units of safety stock should be​ held? A. 192 B. 189 C. 157 D. 231 E. 181 F. 222

Answers

Answer:

C. 157

Explanation:

Safety stock = Z-score *  Standard deviation of average demand * √lead time

Z-score for 74 % service level is 0.643

Standard Deviation of demand is 200

Lead Time = 1.5 weeks

Safety stock = 0.643 * 200 * √1.5

Safety stock = 0.643 * 200 * 1.224745

Safety stock = 157.502

Some years back, a number of manufacturers of low-end, inexpensive cell phones started introducing their products into the Eastern African market. David, the owner of a medium-sized firm manufacturing mid-priced cell phones, believes the Eastern African market is now ready for slightly more expensive phones with greater functionality. If he's right, David has identified a(n):

Answers

Answer:

entrepreneurial opportunity

Explanation:

Entrepreneurial opportunities refer to business opportunities where new or different goods or services can be introduced into a market. In this case, the cell phone market in eastern African countries is basically saturated with low-end phones, but David sees the opportunity of selling more expensive and better cell phones. Since he wants to offer different goods into an established market, he is identifying an entrepreneurial opportunity.

Dartmouth Assessment Centre screens and trains employees for a computer assembly firm in Halifax. The progress of all trainees is tracked and those not showing the proper progress are moved to less demanding programs. By the tenth repetition, trainees must be able to complete the assembly task in 1 hour or less. Torri Olson-Alves has just spent 5 hours on the fourth unit and 4 hours completing her eighth unit, while another trainee, Julie Burgmeier, took 4 hours on the third and 3 hours on the sixth unit. Should you encourage either or both of the trainees to continue? Why?

Answers

Answer:

Discourage Torri from continuing. Encourage Julie to continue.

Explanation:

The progress of all trainees is tracked. Those not showing good progress are moved to less demanding programs. This means that there is hope of still doing/getting a job, if they don't pass this test.

REQUIREMENT: By the 10th time doing the test, trainees must be able to complete the task in a maximum of 1 hour.

1st Trainee: Torri Olson-Alves

5 hours on Unit 4;   4 hours on Unit 8

Should Torri be encouraged to continue? NO.

There are 10 units or repetitions in all. If Torri spends 5 hours on Unit 4 and spends 4 hours on Unit 8, then Torri is slow or isn't making much progress. After 4 repetitions, her marginal product only increased by an hour. She most likely won't make it to 1 hour by the 10th repetition.

2nd Trainee: Julie Burgmeier

4 hours on Unit 3;   3 hours on Unit 6

Should Julie be encouraged to continue? YES.

Julie makes a progress of 1 hour after 3 repetitions. We can predict that after another 3 repetitions (on Unit 9) progress would be made again and by Unit 10, she would have met the required benchmark.

Which phrase best completes the diagram? Business banks Retail banks ? Accept deposits to checking accounts Make home mortgage loans A. Provide credit and debit cards O B. Offer certificate of deposit investments O C. Require car titles as collateral O D. Provide cash management services​

Answers

The phase that best explains the diagram is that it best provides cash management services​. Thus option D is correct.

what is a management service?

The management service is a practice of outsourcing responsibilities for maintenance and the needs for the arrangement and processes and functions it involves the reduction in budgetary expenditure. The diagram shows us the business and retail bank that accepts deposits and makes home mortgages.

Find out more information about the diagram.

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Answer: D

Explanation: I just took the test

A $20,000, 90-day, 8% note payable was issued on November 1, 2015. Using a 360-day year, what is the amount of accrued interest on December 31, 2015?

Answers

Answer:

$267

Explanation:

Calculation for the amount of accrued interest on December 31, 2015

Accrued interest=20,000 x 8% x 60 days/360 days

Accrued interest= $267

Note that November 1, 2015 to December 31, 2015 will gives us 60 days while 360 days represent the number of days in a year

Therefore the amount of accrued interest on December 31, 2015 will be $267

Assume the company is considering investing in a new machine that will increase its fixed costs by $42,500 per year and decrease its variable costs by $10 per unit. Prepare a forecasted contribution margin income statement for 2020 assuming the company purchases this machine.

Answers

Answer:

The company should purchase the machine.

Explanation:

Note: The complete question is attached below

Forecasted contribution margin income statement

For the Year Ended December 31

Particulars                                       Amount$

Sales                                                2,440,000

Variable cost(10,000*185(195-10))  1,850,000

Contribution margin                        590,000

Fixed cost (327,600+42,500)         370,100

Income                                              $219,900

Because the income increase by $57,500 due to the pruchase, the company should purchase the machine

how is the aggregate supply curve for the economy related to the supply curves of individual producers?​

Answers

Answer:

The aggregate supply curve depicts the quantity of real GDP that is supplied by the economy at different price levels. Increases in the price level will increase the price that producers can get for their products and thus induce more output. ...

Investing activities do not include the:

a.Purchase of plant assets.

b.Loaning of money in exchange for notes receivable.

c.Issuance of common stock.

d.Sale of plant assets.

e.Sale of short-term investments other than cash equivalents.

Answers

Answer:

c.Issuance of common stock.

Explanation:

Investing activities lead to an increase in business cash flows.  Investing involves spending money with the expectation of making higher returns.

Some investing activities include

1. Purchase or acquisition of assets to be used in the production process.

2. Sale of business assets

3. Acquisition or sale of other business

Issuing of common stocks is not considered an investment option. Common shares are issued when companies need to raise additional capital.  Issuance of common shares is a financing activity.

The four major expenditure categories of GDP are: Group of answer choices consumption, government purchases, taxes, and investment. consumption, investment, taxes, and net exports. consumption, investment, government purchases, and net exports. consumption, imports, exports, and government purchases. consumption, investment, government purchases, and stocks.

Answers

Answer:

consumption, investment, government purchases, and net exports.

Explanation:

The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. The Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.

Basically, the four major expenditure categories of GDP are consumption, investment, government purchases, and net exports.

A machine costing $37,500 with a 5-year life and $2,300 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining-balance method.

Answers

Answer:

11,250

Explanation:

scientific management.

management by objectives (MBO).

the program evaluation and review technique (PERT).

programmed management.

Answers

Answer:

im bored soo hi

Explanation:

Fiat money:________.a) has no intrinsic value. b) is backed by gold. c) is a medium of exchange but not a unit of account. d) is any close substitute for curren

Answers

Answer: a) has no intrinsic value

Explanation:

Fiat currency is money that is used in a country and is regulated by the central bank of that country. Fiat money has no commodity backing it such as gold or silver and has no intrinsic value of its own.

It is instead backed by the full faith and credit of the government of the country that produces it. For instance, the US dollar is backed by the full faith and credit of the US government.

Gabriella, a single taxpayer, has wage income of $160,000. In addition, she has $7,000 in long-term capital losses, $1,000 in long-term capital gains, $3,000 in short-term capital gains, and $1,000 in short-term losses. What is Gabriella's AGI for 2017?a. $157,000.
b. $160,000.
c. $156,000.
d. $161,000.

Answers

Answer:

c. $156,000

Explanation:

Adjusted gross income = Wage income + Long-term capital gains + Short-term capital gains - Long-term capital losses - Short-term losses

Adjusted gross income = $160,000 + $1,000 + $3,000 - $7,000 - $1,000

Adjusted gross income = $156,000

Thus, Gabriella's AGI for 2017 is $156,000

What is the equity beta for a firm with asset beta equal to 0.9, and D/E ratio of 0.4, and tax rate equal to 35%?

Answers

Answer:

the equity beta of the firm is 1.134

Explanation:

The computation of the equity beta is shown below:

Equity beta is

= Asset beta × [1 + (1 - tax rate) × Debt-equity ratio]

= 0.9 × [1 + (1 - 0.35) × 0.4]

= 0 9 × 1.26

= 1.134

Hence, the equity beta of the firm is 1.134

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Assume that the risk-free rate is 4% and the required return on the market is 11%. What is the required rate of return on a stock with a beta of 1.9

Answers

Answer:

24.9%

Explanation:

Risk free rate is 4%

Required return on the market is 11%

Beta is 1.9

Therefore the required rate of return on a stock can be calculated as follows

= 4% + 1.9×11

= 4% + 20.9

= 24.9%

Hence the required rate of return on a stick is 24.9%

Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow A Cash Flow B 0 –$ 64,000 –$ 109,000 1 26,500 28,500 2 34,400 33,500 3 28,500 25,500 4 14,500 231,000 What is the payback period for each project?

Answers

Answer:

Stenson, Inc.

The payback period for each project is:

Project A = 3 years

Project B = 4 years

Explanation:

a) Data and Calculations:

Year            Cash Flow A        Cash Flow B

0                  –$ 64,000           –$ 109,000

1                        26,500                  28,500

2                       34,400                   33,500

3                       28,500                  25,500

4                        14,500                 231,000

Total inflow  $103,900               $318,500

b) The payback period is the time when the cash outflow is recouped.  For project A, the payback period occurs in year 3.  For project B, the payback period occurs in year 4.  Based on the company's cutoff of three years, Project B may not be accepted even with its large cash inflow in year 4.  Therefore, the best decision will be to discount the cash inflows with a suitable rate of interest.  This will help Stenson, Inc. to decide between accepting Project A or Project B.

Which source of funding would be most appropriate if you were starting a
business from your home and you only needed to buy a computer and pay for
Internet service to get started?
A. Selling property
B. Applying for a bank loan
C. Using a credit card
D. Seeking venture capital

Answers

Answer:

a credit card would be better ..cause it has a convenient pay method

The source of funding that would be most appropriate if we were starting a business is using a credit card. The correct option is c.

What is a credit card?

A credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt that is to promise to the card issuer to pay them for the amounts plus the other agreed charges.

The card issuer is generally a bank or credit union, creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards.

Most cards are plastic, but some are metal cards, stainless steel, gold, palladium, titanium, and a few gemstone-encrusted metal cards.

Learn more about credit, here:

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When agent Tom meets with his sellers to explain his advertising plan, he should make sure the owners understand that:__________.a) Advertising a similar property can and does create interest in their property.b) He can’t afford to continue advertising if the ads he places fail to generate interest.c) There are only so many advertising dollars to go around.d) Most of the advertising budget is earmarked for low-priced homes.

Answers

Answer:

Advertising a similar property can and does create interest in their property

Explanation:

In real estate agents need to effectively market properties in order to sell to consumers.

One way of doing this is by creating awareness in a given market about a particular property type.

When interest in a type of property is created it generates interest that will lead to more sales.

In the given scenario when Tom meets with his sellers to explain his advertising plan, he should make sure the owners understand that to capture a market they need to advertise even products that are similar.

As interest grows it will create a demand for that type of property

The correct option is a.

The following information should be considered:

For selling a property to consumers it should be effectively marketed.This can be done by providing a detailed information related to the property.This will increase the interest of the consumer and will lead to increase in sales. So, When agent Tom meets with his sellers to explain his advertising plan, he would make sure that the owners understand that to increase the sales we must advertise even the products that are similar.

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Blue Spruce Corp. incurs the following expenditures in purchasing a truck:

Cash price $53,000
Accident insurance $3,800
Sales taxes $3,400
Motor vehicle license $100
Painting and lettering $400.

What is the cost of the truck?

Answers

Answer:

$56,800

Explanation:

The cost of the truck is calculated as;

= Cash price + Sales tax + Painting and lettering

Given that;

Cash price = $53,000

Sales tax = $3,400

Painting and lettering = $400

= $53,000 + $3,400 + $400

= $56,800

Therefore, cost of the truck is $56,800.

* Note

The expenditures for accident insurance and motor vehicle license will not be added to the cost of the truck.

CDB stock is currently priced at $82. The company will pay a dividend of $4.65 next year and investors require a return of 10.9 percent on similar stocks. What is the dividend growth rate on this stock?

a. 5.67%
b. 5.23%
c. 4.88%
d. 4.96%
e. 4.97%

Answers

Answer:

b. 5.23%

Explanation:

The computation of the dividend growth rate is shown below:

As we know that

Value of stock = Current year dividend ÷ (Required rate of return - growth rate)

$82 = $4.65 ÷ (0.109  growth rate)

$8.938 - 82 × growth rate = $4.65

82 × growth rate = 4.288

growth rate = 4.288 ÷ 82

= 5.23%

Hence, the dividend growth rate is 5.23%

Therefore the correct option is b.

Explain why the consideration of opportunity costs may be very relevant to a firm. How can opportunity costs affect a business decision?

Answers

Answer:

Importance : Opportunity cost is lost Contribution

Effect : Opportunity cost increases the variable costs of the decision that has been chosen

Explanation:

Opportunity Cost is a lost contribution. Contribution is calculated as Sales less Variable Costs.

Considering opportunity costs is very relevant to a firm because it constitutes part of the money lost that cold have been earned when another alternative course of action is chosen over another. The opportunity cost would have been the revenue for the disregarded option.

So opportunity cost increases the variable costs of the decision that has been chosen.

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