According to the notion, there are four basic leadership philosophies. High directing behaviors, low supporting behaviors in the directing (S1) domain. High on directing and encouraging behaviors when coaching (S2). Supporting (S3): High levels of supporting behaviors and low levels of directing behaviors theories.
According to Blanchard and Hersey, situational leadership entails "selecting the correct leadership behaviors style for the right individuals." Additionally, it depends on the age and competency of the followers. Leaders theories today appear more like partners than bosses for the first time in history. Depending on who you're managing and when, you might use one of four different leadership philosophies.
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What is the future value of 9,541 invested for 29 years at a 0.02 rate?
Answer:
future value = $9596.50
Explanation:
FV = PV[1 + (i/12)]^12n
food and shelter are examples of a need.
Question 19
Which of the following business trends affects HR management:
O Costs of business going down
O Globalization
O Lack of new technology
O No restructuring
Globalization out of the following business trends affects HR management. The correct option is B.
What is the globalization trend in HRM?Globalization has far-reaching implications for the practice of human resource management in general. Globalization, for some, increases demands to take the best, transferrable set of HRM practices that may expand globally. It is a force that affects individuals all across the planet.
Because of globalization, an organization's scale increases its chances of attracting the attention of people from all over the world. To that end, an increase in their current employees will come from all over the world, each with their own culture and habits.
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stana, incorporated, has preferred stock outstanding that sells for $96.52 per share. if the required return is 3.72 percent, what is the annual dividend?
The annual dividend is $3.59.
Enlist types of dividend.Cash dividend : The most typical dividend kind. These are typically paid straight into the shareholder's brokerage account by the companies in cash.Stocks dividend : Companies have the option of giving investors more stock in exchange for cash. DRIP dividend : Any dividends earned by DRIP investors may be reinvested, frequently at a discount, into the company's stock. Investors can elect to receive DRIPs in cash if they like; DRIPs are often not required.Special dividends : These payments, unlike conventional dividends, are paid out on all shares of a company's common stock. To share profits that have accumulated over a number of years and for which it has no immediate need, a firm frequently declares a special dividend.Preferred dividends : Payments made to preferred stock holders. A sort of stock known as preferred stock performs more like a bond than a typical stock. In contrast to ordinary stock dividends, which are typically repaid quarterly, preferred stock payouts are often fixed.Dividend = $96.52 × .0372 = $3.59
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________ is a technique used by many companies to identify areas for improvement.
Statistical process control is a technique used by many companies to identify areas for improvement.
This is further explained below.
What is statistical process control?Generally, The use of statistical tools to monitor and regulate the quality of a manufacturing process is known as statistical process control or statistical quality control.
This helps to guarantee that the process functions effectively, therefore creating more items that correspond to the specifications while simultaneously reducing the amount of waste.
In conclusion, Statistical process control is a method that a lot of businesses utilize to figure out where they can make some changes for the better.
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Statistical process control is a technique used by many companies to identify areas for improvement.
What is companies?
Companies are legal entities that are legally registered in accordance with the Company Act. The companies are the main motive of the earning the profit. The companies are the making the profit to run the business.
The use of statistical methods to supervise and regulate the quality of a manufacturing process is referred to as statistical process control. The lower level of waste is a benefit in company of statistical process control. The comparison is made on a daily basis.
As a result, the Statistical process control is a technique used by many companies to identify areas for improvement.
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ntroducing a new product in its final form to a geographically limited market to see how well the product sells and to get reactions from potential users is called .
Introducing a new product in its final form to a geographically limited market to see how well the product sells and to get reactions from potential users is called test marketing.
What is test marketing?Test marketing is described as the process of marketing methodology in which consumer responses to a product or service are tested. The testing is done by only releasing the products in the test markets before introducing the product or the service to the wider market base. It is important to mention that this method is an effective process to judge how customers perceive the product or the service and how the product performs.
When a new product is introduced in a final form to only a limited number of markets. It allows a producer to assess the performance of the product, and how the customers think about it. Such customer insights are valuable for the company.
It can be concluded that introducing a new product in its final form to a geographically limited market to see how well the product sells and to get reactions from potential users is called test marketing.
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Question 19
Which of the following business trends affects HR management:
O Costs of business going down
O Globalization
O Lack of new technology
O No restructuring
The business trend that often affects Human Resource Management is Globalization.
How does Globalization affect Human Resource Management?Human Resource Management refers to everything that has to do with the employees of an organization. This includes advertising job posts, recruiting new people, hiring them officially, training them to some extend, and then placing them in various departments in an company.
As a result of this, there are several trends in business which can affect human resource management. Chief amongst them is Globalization. As a result of Globalization, companies are now present in different countries and can also hire people from those countries.
This means that Human Resource Management now has to be broader in scope to incorporate the different employment practices across the globe. They will also have to advertise to other people around the world as they aim to search for better quality employees who can be paid less.
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suppose that pandastan has a gdp of $5 billion and a population of 2 million, while tigerstan has a gdp of $3 billion and a population of 1 million. which country has a higher gdp per capita, and what is that value?
Tigerstan has higher GDP of $3000
What does a country's GDP mean?The most widely used indicator of an economy's size is its gross domestic product (GDP). The standard measurement of the value added produced via the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). As a result, it accounts for the revenue generated by that manufacturing, or the total amount spent on finished goods and services (fewer imports).
Formula for GDP per capita = GDP/ population
GDP per capita of Pandastan = 5000000000/2000000 = $2500
GDP per capita of Tigerstan = 3000000000/1000000 = $3000
Hence, Tigerstan has hogher GDP of $3000
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Terrence and Benita were married for 53 years. Terrence died on June 10, 2021. Benita has no dependents and she did not remarry. The correct and most favorable filing status for Benita's 2021 return is?
A. single
B. married filing jointly
C. married filing separately
D. qualifying widow
For Benita's 2021 return, the most favorable filing status is married filing jointly.
When only one spouse makes a living or has the largest income, filing jointly with your spouse is frequently the best option.
If both couples earn incomes that are substantial and unequally distributed, however, you may be better off filing separately.
Married Filing Jointly: What Is It?
Married couples can file their taxes together by choosing the filing status known as married filing jointly. A married couple can report their individual incomes, deductions, credits, and exemptions on the same tax return while filing their taxes as a married couple.
Filing Separately vs. Jointly by Married People
Your combined total tax obligation is frequently lower when you file as married filing jointly than it would be if you and your spouse had each filed separately. Couples are enticed to file jointly by the Internal Revenue Service (IRS) by a number of tax benefits that don't apply to other filing statuses.
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a stock just paid a $2 dividend. if the dividend is expected to grow at a 5% annual rate, what is the stock worth today if investors require an 11% return?
The stock is worth $35 if the investors require 11 percent return.
Write a brief account on dividends.A dividend may be regarded as a payment that is made from a company's profits. Companies have the option to regularly reward their shareholders by disbursing dividends, which are often made in cash but occasionally in shares. Companies frequently decide to start paying dividends when their profits are regularly higher than what management can profitably reinvest in the company.
Three different types of dividends are frequently paid by businesses:
The most typical dividend type is the regular dividend. Companies that continuously pay dividends do so in part by determining a payout amount that is sustainable in both prosperous and difficult years. Regular dividends can be paid monthly, biannually, or annually, but they are typically paid quarterly.A one-time payout constitutes a special dividend. A corporation may decide to issue a special dividend if it has had a run of very lucrative quarters or if it sold an asset and won't be using the proceeds right away. Companies frequently make public announcements about special dividends to inform the market that they intend to pay cash to shareholders but that they shouldn't anticipate future payments.Variable dividends may be paid by businesses that produce goods like oil and gas, lumber, and mined materials. Variable dividends are usually paid at regular intervals, but their amounts can change based on how much money a company made the previous quarter or year.To solve the question :
P = D × (1 + g) / (R – g)
Price of stock as of today :
P = D (1 + g) / (R – g) = $2 (1+0.05) / (0.11 – 0.05)
= $35
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suppose an economy can produce a maximum of 10 units of good x and the opportunity cost of 1x is always 2y. what is the maximum number of units of good y the economy can produce?
The value of the next-best option when a choice is made is known as the opportunity cost, according to Andrea Caceres-Santamaria, senior economic education specialist at the St.
What changes as the output of good X grows in terms of the opportunity cost?The law of rising opportunity cost is covered in lesson five. The opportunity cost to producing the additional good will rise as you increase production of one good. First, keep in mind that opportunity cost, or what is given up when a decision is taken, is the worth of the next-best alternative.Applying the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.Opportunity cost can be used in almost any business decision or financial decision-making process. Business owners and other stakeholders can assess the most valuable and lucrative choice as well as the return of a foregone alternative by using opportunity cost estimates.To Learn more About opportunity cost refer to:
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Determine each alternative’s break-even point in units.
Answer:
Explanation:
To calculate the break-even point in units use the formula: Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin.
What is the price of a two year bond with a 9% annual coupon and a yield to maturity of 8%?
answer is attached to this ☝️☝️☝️☝️
hope it helps you
Sofia makes $120 a day as a bank clerk. She takes two days off work without pay to fly to another
city to attend the concert of her favorite band. The cost of transportation and lodging for the trip is
$300. The cost of the concert ticket is $80. The opportunity cost (not total cost) of Sofia's decision
to attend the concert is
$240.
$620.
$380.
$300.
Respuesta:La respuesta es 380
Explanation: Porque,en el problema nos plantea ¿Cuánto gasta si viaja más la entrada? Pero somos dice,no pongas el total gastado,se refiere a que no sumemos los días no pagados
Además que no nos dice si ya le pagaron entonces no tiene un ahorro.
don wants people to like him and to think he's smart and a good businessman. he is friendly to people, speaks in an educated manner, and wears tailored business suits. goffman would argue that don's demeanor and dress are all part of
The keys to success in a small business are adaptability, perseverance, and hard work. However, these are three essential qualities for any endeavor.
What is a businessman's level of intelligence?
interpersonal intelligence (also known as "people savvy").
It necessitates the ability to comprehend multiple points of view, sensitivity to moods and temperaments, and efficient verbal and nonverbal communication. Interpersonal skills are especially important for entrepreneurs.
Who has an interest in business?
To have a business mind is to become a person who is aware of all the risks associated with each investment and to continuously improve your ability to solve problems.
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Laila is a resident of Vermont. Noor is a resident of New York. They are involved in a car accident in New Jersey. Laila suffers serious injuries that result in $200,000 in medical bills. Laila can sue Noor in a
a.
federal court due to diversity jurisdiction.
b.
federal court due to federal question jurisdiction.
c.
New Jersey state court due to diversity jurisdiction.
d.
New Jersey state court due to federal question jurisdiction.
Laila can sue Noor in a federal court due to federal question jurisdiction. A court having original, appellate, and advisory jurisdiction was formed in India in 1937 as per the terms of the Government of India Act 1935.
It operated up until 1950, when the Supreme Court of India was established. Despite the fact that Delhi served as the Federal Court's headquarters, a separate Pakistani Federal Court was founded in Karachi following India's partition. The Federal Court of India has the option of appealing to the jurisdiction Committee of the Privy Council in London. Any legal conflict involving the Central Government and the Provinces fell within the exclusive original jurisdiction of the Federal Court.
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A national grocer’s magazine reports the typical shopper spends 8 minutes in line waiting to check out. A sample of 18 shoppers at the local Farmer Jack’s showed a mean of 7.1 minutes with a standard deviation of 2.7 minutes.
Is the waiting time at the local Farmer Jack’s less than that reported in the national magazine? Use the 0.100 significance level.
a. What is the decision rule? (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)
b. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)
c. What is your decision regarding H0?
multiple choice
Do not reject H0
Reject H0
The decision would be to reject the null hypothesis. The value of the p value is seen to be less than that of the significance
How to solve for the lest statisticThe hypothesis is
H0: u ≥ 8
h1 : U < 8
a. find the critical value
degree of freedom = 18 - 1
= 17
t critical = -1.333
the decision rule is that if t ≥ -1.333, then you have to reject the null hypothesis. If it is the other way , you have to fail to reject the null hypothesis.
Using minitab, the test statistic for the test is given as -1.41, while the p value is given as 0.088. The test result from the Minitab output is added as an attachment to the question.
c. The decision would be to reject the null hypothesis. This is due to the fact that the p value is less than the level of significance that was stated at 10 percent.
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The Plan-Do-Check-Adjust problem-solving technique is useful when:
The Plan-Do-Check-Adjust, or the PDCA, problem-solving technique is useful when there is an improvement in a new project or implementation of a change.
What is the significance of PDCA technique?A PDCA technique can be referred to or considered as the management process under which a manager develops a plan, acts according to the plan, checks the results or outcomes of the act, and finally makes the required adjustments in the plan in order to achieve organizational goals.
Therefore, the significance regarding the PDCA technique has been aforementioned.
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we described monetary policy as a sequence focused on banks having more reserves. if the economy is in a liquidity trap, what part of this sequence doesn't happen?
The monetary policy as a sequence focused on banks having more reserves it does not happen in a sequence when the increasing reserves doesn't lower the interest rates.
What is Monetary Policy?A Monetary Policy is a type of policy adopted by a monetary authority of a nation to control the interest rates to be paid for very short-term borrowings in an attempt to reduce inflation or the interest rates and to ensure the price stability and value of a nation's currency.
Monetary Policy is a type of modification for the supply of money or decreasing money supply .The Monetary policy contributes to the stability of the Gross Domestic Product. Monetary Policy is often associated with the interest rate and credit available.
What is Liquidity Trap?Liquidity Trap refers to a situation in which the increase in the money supply does not increase the interest rates income and hence does not stimulate economic growth. Liquidity trap is an extreme effect of monetary policy.
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Suppose that, over time, the price of a good increases while the quantity of the good exchanged on markets also
increases. A possible explanation is that, over time:
A the supply curve shifts inwards.
B the demand curve shifts outwards.
the supply curve shifts outwards
(D) the demand curve shifts inwards.
Let's say that a good's price rises over time while its supply is traded more frequently on markets. A possible explanation is that in over time the supply curve shifts outwards.
What is overtime?When someone works past their regular shifts, this is known as overtime. The payment for this time is referred to by this name as well.
Overtime labor regulations are present in the majority of national jurisdictions and are intended to deter or forbid businesses from requiring their staff to put in overly lengthy hours. Humanitarian concerns may not be the only factors taken into account by these regulations, which may also increase overall employment levels in the economy or safeguard worker health so they may continue to be productive. Demanding that companies pay employees more per hour for extra labor is a typical strategy for controlling overtime. Even if required to do so by law, employers may decide to provide employees higher overtime compensation.
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Ethics Student Activity Packet
There are several ways to figure out if a behavior or action is wrong or right and some of them include:
It is harmful to others. It is unfair and unjust to some people. It shows disrespect to an authority or to a person. How to know when an action is wrong?The best way to know when an action or behavior is wrong is by looking at the consequences of the action or behavior. When a behavior hurts others who have done nothing to cause harm to others then it is most likely wrong. For instance, bullying a person with physical violence.
Another way to know a wrong action or behavior is looking at if it is unfair or unjust to certain people. For instance, if you see someone discriminating against a certain ethnicity then this behavior is wrong as it is unjust to that ethnicity.
We should also look at how our actions or behavior show respect to those around us. Respect is the hallmark of human society and if we are not respectful to others, this is wrong. We also need to respect authorities as well to avoid legally wrong actions and behavior.
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Home Hardware reported beginning inventory of 30 shovels, for a total cost of $210. The company had the following transactions during the month:
January 2 Sold 8 shovels on account at a selling price of $8 per unit.
January 16 Sold 12 shovels on account at a selling price of $8 per unit.
January 18 Bought 4 shovels on account at a cost of $7 per unit.
January 19 Sold 12 shovels on account at a selling price of $8 per unit.
January 24 Bought 12 shovels on account at a cost of $7 per unit.
January 31 Counted inventory and determined that 10 units were on hand.
Prepare the journal entry:
At month end, counted inventory and determined that 10 units were on hand. Record the "book-to-physical" adjustment.
The journal entry to record the "book-to-physical" adjustment for Home Hardware is as follows:
Journal Entry:Debit Cost of goods sold $252
Credit Inventory $224
Credit Book-to-physical adjustment (inventory shortage) $28
What is the book-to-physical adjustment?The book-to-physical adjustment is the computed difference between the inventory amount in the general ledger and the dollar value of the physical inventory.
The difference arises from shortages due to either pilferage or unrecorded sales.
For instance, after purchasing 12 shovels on Jan. 24 without recording any sales thereafter, how come the inventory count yields 10 shovels only?
Jan. 1 Beginning inventory 30 $7 $210
Jan. 2 Sales -8 $8
Jan. 16 Sales -12 $8
Jan. 18 Purchases 4 $7 $28
Jan. 19 Sales -12 $18
Jan. 24 Purchases 12 $7 $84 $322
Jan. 31 Ending inventory 14
Inventory count 10
Shortage/Unrecorded sales 4
Cost of goods sold $252 (46 - 10 x $7)
The cost of goods sold (recorded) = $224 ($7 x 32)
Cost of ending inventory = $70 (10 x $7)
Book-to-physical adjustment = $28 ($7 x 4)
Analysis:Cost of goods sold $252
Inventory $224
Book-to-physical adjustment (shortage) $28
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What was the largest deduction for this pay period? ngpf
The largest deduction for a pay period is the B. Federal tax.
What is the Federal tax about?The Internal Revenue Service (IRS) levies a tax on the annual earnings of individuals, businesses, trusts, and other legal entities in the United States.
Wages, salaries, commissions, bonuses, tips, investment income, and certain types of unearned income are all subject to federal income taxes as part of a taxpayer's taxable income.
Individual federal income tax rates in the United States are progressive, which means that as taxable income rises, so does the tax rate. Federal income tax rates range from 10% to 37% and are levied at various income levels. Tax brackets are the income ranges to which the rates apply. Income in each tax group is taxed at the associated rate.
The complete question is given below.
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What was the largest deduction for a pay period?
Medicare Tax
Federal Tax
State Tax
Retirement
according to the ______ rule, increasing the surface area (size) of a storage unit or retail facility results in a disproportionate increase in volume (space).
According to the cube square rule, increasing the surface area (size) of a storage unit or retail facility results in a disproportionate increase in volume (space).
Every 3-dimensional object occupies some area. This space is measured in terms of its extent. Volume is described as the space occupied in the limitations of an item in 3-dimensional space.
In arithmetic, 'extent' is a mathematical quantity that suggests the amount of three-dimensional area occupied by way of an object or a closed floor. The unit of quantity is in cubic units consisting of m3, cm3, in3 and so on. every now and then, volume is likewise termed capability.
From measuring beverages to assessing ingesting amounts, extent is vital. Keep in mind that volume has nothing to do with weight or mass; it's far the size of the way much space a liquid or gas takes up.
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Question is in the pictures below.
1a) The plantwide overhead rate for Precision Manufacturing Inc. is $3.13 per direct labor dollar.
1b) The unit product cost for each product using the plantwide overhead rate is as follows:
EX300 TX500
Unit Costs $14.37 $27.05
2a) The activity rates are as follows:
Activity Rates:Machine (Machine hours $1.30
Set up (Setup hours) $400
Product-level (No. of products $50,125
General factor (DL dollars) $0.37
2b) The unit product cost for each product using the activity rates is as follows:
EX300 TX500
Unit Costs $12.13 $37.77
3) The conventional and activity-based costing assignments differ because of the different cost driver bases used in allocating overhead.
Whereas the conventional costing method uses a single cost driver to allocate overheads to products, the activity-based costing technique employs multiple activity cost drivers.
Plantwide Overhead and Unit Cost:PMI Products EX300 TX500 Total
Direct materials $366,325 $162,550 $528,875
Direct labor costs $120,000 $42,500 $162,500
Overhead allocated:
Plantwide rate $375,600 $133,025 ($42,500 x $3.13)
Total Cost $861,925 $338,075 $1,196,700
Annual production units 60,000 12,500
Unit Costs $14.365 $27.046 ($338,075/12,500)
ABC Overhead and Unit Cost:PMI Products EX300 TX500 Total
Direct materials $366,325 $162,550 $528,875
Direct labor costs $120,000 $42,500 $162,500
Overhead allocated:
Activity-based costing rate 241,525 $267,100 $508,625
Total Cost $727,850 $472,150
Annual production units 60,000 12,500
Unit Costs $12.131 $37.772 ($472,150/12,500)
Plantwide overhead rate = $3.13 ($508,625/$162,500)
Activity Rates:Machine (Machine hours $1.30 ($198,250/152,500)
Set up (Setup hours) $400 ($150,000/375)
Product-level (No. of products $50,125 ($100,250/2)
General factor (DL dollars) $0.37 ($60,125/$162,500)
Overhead Allocation to Products:Activity Cost Pool and Measure Rate EX300 TX500
Machine (Machine hours $1.30 $117,000 $81,250 ($1.3 x 62,500)
Set up (Setup hours) $400 30,000 120,000 ($400 x 300)
Product-level (No. of products) $50,125 50,125 50,125 ($50,125 x 1)
General factor (DL dollars) $0.37 44,400 15,725 ($0.37 x $42,500)
Total allocated overhead costs $241,525 $267,100
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Question Completion:Activity cost pools Manufacturing EX300 TX500 Total
(and activity measures) Overhead
Machine (Machine hours $198,250 90,000 62,500 152,500
Set up (Setup hours) 150,000 75 300 375
Product-level (No. of products 100,250 1 1 2
General factor (DL dollars) 60,125 $120,000 $42,500 $162,500
Total $508,625
How much money is borrowed if the interest is 9.25% simple interest and the loan is made for 3.5 years and has $904.88 interest?
Simple interest = $904.88
R =9.25%.
Time=3.5.
Thus to get the amount borrowed it will be;
P= Simple interest÷ (Rate × Time).
P=$904.88÷(9.25%×3.5).
So, P = 2794.994
Therefore,The money borrowed is; $ 2794.994
What is Simple Interest?
Simple interest can be calculated by multiplying the principal by the time, rate, and time period. "Simple Interest = Principal x Interest Rate x Time" is the formula. The simplest formula for calculating interest is this one.
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In the case study "GEM of a Study"
1. How can you improve the causality of the study?
In order to improve the causality of a study, all variables should be taken into account.
What is causality?Causality is based on the assumption that the value of an interdependent variable is the cause of the value of a dependent variable.
To attain a reliable level of certainty of achievement, all variables must be considered. When one variable is deleted, the complete test is altered, and the dependability of the hypothesis is jeopardized.
According to the findings, an individual's entrepreneurial identity impacts whether they participate in primarily effective or causal action.
When the variables are taken into consideration, this is important for the study.
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Wyatt (39) is a U.S. citizen. He was married at the beginning of 2021. His wife lived in the household until July. Their divorce was finalized on September 30, and Wyatt has not remarried. Wyat is his qualifying child. Wyatt's most advantageous filing status is?
A. single
B. married filing jointly
C. married filing separately
D. head of household
Since Wyatt's divorce was finalized on September 30, and Wyatt has not remarried and Wyat is his qualifying child, his most advantageous filing status is: D. head of household.
What is taxation?Taxation can be defined as the involuntary fees that are levied on individuals or business firms by the government of a particular country, so as to generate revenues that can be used to fund public projects, institutions and activities.
The types of filing status.According to the Internal Revenue Service (IRS) of the United States of America, there are five (5) main filing statuses and these include the following:
SingleMarried filing jointly.Married filing separately.Head of household.Qualifying widow or widower with dependent child.In this scenario, the most beneficial filing status for Wyatt a citizen of the United States of America who is divorced but not remarried with a qualifying child is head of household because it is primarily for unmarried taxpayers with dependents.
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Your manager is very concerned about the cost of hiring the three new employees needed for your unit. As a result, she doesn’t want to post the advertisement in a variety of places; she thinks it’s best to just use a “refer a friend” recruitment strategy. When she moves forward with this strategy, ten people turn in résumés. Upon looking further, it appears all applicants went to the same private religious college and graduated around the same time. You are concerned that this method of recruitment lacks diversity. 1. How would you handle this matter with your manager?
It can handle as per three main steps to creating diversity plans, Assessment of diversity, Development of the diversity plan and Implementation of the plan.
What does recruiting strategy entail?Using a recruiting strategy, you should be able to find, attract, and hire the best individuals for your open roles. These are some basic guiding ideas that will help you locate the job seekers you require.The procedure entails determining the business's personnel needs, recruiting and locating qualified people, interviewing, screening, and hiring applicants. The duration of the procedure might range from a few days to several weeks or months, depending on the needs of the organization.Here are our four suggestions for luring the top applicants:
1) First, develop a strong employee value proposition (EVP).
2) Ensure that any chances for advancement or development are advertised.
3. Make sure your staff are promoting you because they are your best brand ambassadors.
4) Promote the principles of your company.
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if, as a manager, you were to give the sales staff in your store the authority to resolve customer problems, including the authority to decide whether to issue refunds or replace the merchandise, you would be using the technique of:
If, as a manager, you were to give the sales staff and including the authority to decide whether to issue refunds or replace the merchandise, you would be using the technique of job enrichment.
Job enrichment refers to the process of adding motivators to the existing roles in order to increase the satisfaction and productivity for the employee. Thus, this is done through increasing the skill, autonomy, and task variety, by also providing feedback.
So, if as a manager, you are given the opportunity to decide whether to issue refunds or replace the merchandise, you would be using the technique of job enrichment. As, this technique aims to reduce boredom due to monotonous and repetitive tasks.
Hence, job enrichment is a technique used to motivate employees.
To learn more about job enrichment here:
https://brainly.com/question/13565272
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