Which level of management has the closest contact with workers paid by the hour? How do these managers spend most of their time?
What will be an ideal response?
First-line managers coordinate and supervise the activities of operating employees doing the hands-on work of the organization. First-line managers spend most of their time working and motivating their employees, answering questions, and solving day-to-day problems.
You might also like to view...
The Pacific division has the following income statement for the last quarter:The company's average operating assets for the period were $270,000. The company requires a minimum rate of return of 13%. The division's ROI for the quarter was closest to:
a.22.17% b.26.25% c.31.65% d.29.41% e.None of the answers are correct.
Planning for ________ is important in helping you determine whether your message has been successful. You can do this by asking questions such as Are you comfortable with these suggestions? or What do you think?
Fill in the blank(s) with correct word
Based on Luthans’ research, in order for organizations to be effective they must reward effective managers and help them become successful.
a. true b. false
Equipment costing $118,000 has accumulated depreciation of $92,000. The equipment is a trade-in for new equipment costing $191,000. If the trade-in value received for the old equipment is $35,000, the journal entry to record this transaction is to:
A) debit Equipment (New) for $191,000, debit Accumulated Depreciation – Equipment for $92,000, credit Equipment (Old) for $118,000 and credit Cash for $165,000. B) debit Equipment (New) for $191,000, debit Accumulated Depreciation – Equipment for $92,000, credit Equipment (Old) for $118,000, credit Cash for $156,000, and credit Gain on Exchange of Assets for $9,000. C) debit Equipment (New) for $191,000, debit Accumulated Depreciation – Equipment for $92,000, debit Loss on Exchange of Assets for $26,000, credit Equipment (Old) for $118,000 and credit Cash for $191,000. D) debit Equipment (New) for $191,000, and credit Cash for $191,000.