Take the Global Orientation Survey in the appendix and evaluate the results.
What will be an ideal response?
Analyze and evaluate the results of the Global Orientation Survey. What do these results say about your global orientation? Do you agree with them? Were you at all surprised by the results?
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The primary role of a functional strategy is to
A. create compatible degrees of strategic intent among a company's different business functions. B. support and add power to the corporate-level strategy. C. specify how to build and strengthen the skills, expertise, and competencies needed to execute operating-level strategies successfully. D. unify the company's various operating-level strategies. E. determine how to support particular activities in ways that support the overall business strategy and competitive approach.
Bonanza Enterprises provides consulting services and uses a job-order system to accumulate the cost of client projects. Traceable costs are charged directly to individual clients; in contrast, other costs incurred by Bonanza , but not identifiable with specific clients, are charged to jobs by using a predetermined overhead application rate. Clients are billed for directly chargeable costs, overhead, and a markup. Bonanza anticipates the following costs for the upcoming year:?CostPercentage of Cost Directly Traceable to ClientsProfessional staff salaries$5,000,000 80 %Administrative support staff600,00050 Travel200,00080Other Operating costs200,00020Total$6,000,000?Bonanza's partners desire to make a $480,000 profit for the firm and plan to add a percentage markup on total cost
to achieve that figure.On May 14, Bonanza completed work on a project for Laramie Manufacturing. The following costs were incurred: professional staff salaries, $68,000; administrative support staff, $8,900; travel, $10,500; and other operating costs, $2,600.Required: A. Determine Bonanza's total traceable costs for the upcoming year and the firm's total anticipated overhead.B. Calculate the predetermined overhead rate. The rate is based on total costs traceable to client jobs.C. What percentage of total cost will Bonanza add to each job to achieve its profit target?D. Determine the total cost of the Laramie Manufacturing project. How much would Laramie be billed for services performed? What will be an ideal response?
Most people request real-time information without understanding that continual ________ is one of its biggest pitfalls.
A. Clustering B. Change C. Cleansing D. Improvements
As a supervisor, you want to improve performance in your department. You give specific instructions, telling the employees what the task is and when, where, and how to perform it, as well as oversee performance at all major stages through completion. Although you already have ideas covering broad areas, you are open to suggestions from the employees. However, you have the final say. Which situational supervisory style has been used in this scenario?
A. Consultative B. Autocratic C. Participative D. Laissez-faire