Jorge Smith is a division manager at General Motors and, as such, must ensure that some sort of balance is achieved between the sometimes conflicting goals of the various departments within his division. For example, the marketing department's goal might be to increase sales by 15 percent, whereas the accounting department might strive for certain cost efficiencies. In compensating for these disparate goals, Jorge is engaging in
A. planning.
B. organizing.
C. controlling.
D. conflict minimization.
E. optimization.
Answer: E
You might also like to view...
Bonds are generally issued in denominations of $1,000
a. True b. False Indicate whether the statement is true or false
The receiving report is prepared by the vendor to provide evidence that the purchase order was received
Indicate whether the statement is true or false
Ruozzo Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for July. Fixed Element per MonthVariable Element per Customer ServedActual Total for JulyRevenue $4,500$100,000Employee salaries and wages$43,100 $900$63,300Travel expenses $500$11,500Other expenses$36,900 $37,900?When the company prepared its planning budget at the beginning of July, it assumed that 27 customers would have been served. However, 22 customers were actually served during July.?The amount shown for net operating income in the planning budget for July would have been closest to:
A. $3,700 B. ($15,586) C. ($11,800) D. ($12,700)
A corporate investor of preferred stock receiving a before-tax preferred yield of 8.5%, and having a corporate tax rate of 21%, would receive an after-tax preferred yield of approximately ________. Assume the tax rate on dividends is 15%.
A) 10.2% B) 7.7% C) 8.12% D) 9.3%