What is the purpose of employees going through Job rotation?

What will be an ideal response?


Job rotation is a means of developing employees at all levels so that they understand the “big picture” and become cross-trained.

Business

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Cordner Corporation has two production departments, P1 and P2, and two service departments, S1 and S2. Direct costs for each department and the proportion of service costs used by the various departments for the month of July are as follows:  Proportion of Services Used by:DepartmentDirect costsS1 S2 P1 P2 S1$60,000   0.70 0.10 0.20 S2$100,000 0.20   0.30 0.50 P1$160,000         P2$140,000          Under the step method of cost allocation, the amount of S2 costs allocated to S1 would be:

A. $0. B. $42,000. C. $40,000. D. $20,000.

Business

A company with a low asset turnover uses its assets more productively than one with a high asset turnover

Indicate whether the statement is true or false

Business

The risk-free rate of return is 2% while the market rate of return is 12%. Parson Company has a historical beta of .85. Today, the beta for Delta Company was adjusted to reflect internal changes in the structure of the company

The new beta is 1.38. What is the amount of the change in the expected rate of return for Delta Company based on this revision to beta? A) 8.5% B) 5.3% C) 12.2% D) 14.0%

Business

There has been an increase in data mining to deal with global competition and customers' more sophisticated ________ and wants

Fill in the blanks with correct word

Business