Nepstar Drugstores China wants to license your brand name to make and sell their own masks in their stores in China.
They will pay you a royalty of $20 per unit they sell.
If Nepstar’s sales constitute 15% of your total unit volume,
•What is your average Revenue per Mask?
•What is your average Gross Profit per Mask?
•What is your Gross Margin?
Answers
We need to calculate the following:
- Average Revenue per Mask: This is the revenue generated from the sale of one mask. To calculate this, we need to know how much Nepstar will sell the mask for. Let's assume that Nepstar will sell the mask for $100. The royalty per unit is $20, so the remaining revenue for us is $80. Since Nepstar's sales constitute 15% of our total unit volume, this means that they will sell 15% of the total number of masks sold. Let's assume that we sell 1000 masks in total. Nepstar will sell 15% of this, which is 150 masks.
Therefore, our revenue from Nepstar's sales will be 150 x $80 = $12,000. Our total revenue from all sales is $100,000 (1000 masks sold at $100 each). Therefore, our average revenue per mask is $100.
- Average Gross Profit per Mask: This is the profit generated from the sale of one mask after deducting the cost of goods sold (COGS). Let's assume that our COGS per mask is $50. This means that our gross profit per mask is $100 - $50 = $50. Using the same calculation as before, our gross profit from Nepstar's sales will be 150 x $50 = $7,500. Our total gross profit from all sales is $50,000 (1000 masks sold at $50 COGS per mask). Therefore, our average gross profit per mask is $50.
- Gross Margin: This is the percentage of revenue that is left after deducting the COGS. It is calculated as (Revenue - COGS) / Revenue x 100%. Using our previous calculations, our gross margin is ($100 - $50) / $100 x 100% = 50%. This means that for every mask sold, we keep 50% of the revenue as gross profit.
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Related Questions
Prince George Mining provides the following information about their diamond mine. The annual depletion expense is $450,000 and there were 1,000,000 units extracted and sold during the year. The total estimated units of production is 16,000,000 and the residual value is estimated to be $500.000. Determine the depletion base is for the resource. A. $7,200,000 B. $7,700,000 C. $35,555,555 D. $15,500,000
Answers
A. The depletion base for the diamond mine resource is $7,200,000.
Depletion expense is the allocation of the cost of natural resources over their estimated useful life. To determine the depletion base, we need to calculate the total cost of the resource. In this case, the annual depletion expense is given as $450,000, and the total units extracted and sold during the year are 1,000,000.
The formula to calculate the depletion base is: Depletion Base = (Annual Depletion Expense / Total Units Extracted and Sold) x Total Estimated Units of Production
Plugging in the given values, we have:
Depletion Base = ($450,000 / 1,000,000) x 16,000,000
Depletion Base = $7,200,000
Therefore, the depletion base for the resource is $7,200,000. This represents the total cost of the natural resource that has been depleted over the year.
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Suppose the government imposes a 50-cent tax on the sellers of packets of chewing gum. The tax would a. shift the supply curve upward by less than 50 cents.b. raise the equilibrium price by 50 cents. c. discourage market activity. d.create a 50-cent tax burden each for buyers and sellers.
Answers
Suppose the government imposes a 50-cent tax on the sellers of packets of chewing gum. The tax would B. raise the equilibrium price by 50 cents.
When the government imposes taxes on sellers, the supply curve shifts to the left, indicating a reduction in the quantity supplied. As a result, the supply curve will shift upwards, pushing up the equilibrium price by more than the amount of the tax. If the tax imposed is smaller, the supply curve shifts less, and the equilibrium price increases less. When the tax imposed is higher, the supply curve shifts more, and the equilibrium price increases more. The tax imposed by the government would reduce the quantity of chewing gum supplied in the market.
The tax would discourage market activity and could result in a decrease in consumer surplus, producer surplus, and total surplus. Both buyers and sellers are affected by the tax imposed on the sellers. The amount of tax imposed on the sellers is passed on to the buyers in the form of a higher price. the government imposes a 50-cent tax on the sellers of packets of chewing gum. The tax would B. raise the equilibrium price by 50 cents.
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Which of the following is an indirect competitor for a company that makes chocolate chip cookies? A. Another company that makes chocolate chip cookies B. A company that makes potato chips C. A company that makes baking pans D. A company that makes brownies Please select the best answer from the choices provided A B C D
Answers
The correct answer is:
D. A company that makes brownies.
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When it is about the indirect competitor for a company that makes chocolate chip cookies is that company which is engaged in manufacturing brownies. Hence, Option D is correct.
What is an indirect competitor?In this scenario, there is cut-throat competition among the product producers of any of the products. It is not only about the producers; there is competition in the whole world.
When it comes to the types of competitors, there are basically two types of competitors. One is a direct competitor, and the second is an indirect competitor. The indirect competitor is the one who doesn't affect the business and directs management people in place of the product.
The product can be replaced by a company that is playing as if it had a monopoly on the whole market. It is about a company that produces cookies. The company's manufacturers of brownies The reason they are both made of chocolate ingredients is that they are both liked by people.
Thus, Option D is correct.
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Which of the following statements about check cashing companies is FALSE?
1. They charge low fees.
2. They offer bad deals where you'll owe a lot more than you borrowed.
3. They can take a percentage of your check on top of fees.
4. They make it easy to fall into a loan cycle that is hard to get out of.
Answers
Outline six uses of computer
.
Answers
I have given many options
Expenses that need to be paid before a new business can open are called _____.
operating expenses
ending inventory
start-up costs
beginning inventory
Answers
Answer:
start-up costs
Explanation:
Hopefully that helps.
Answer:
Start Up Costs
Explanation:
Im taking a business major this is the right answer
2. Where does Steve Jobs’ power and influence come from?
Answers
Answer:
working with apple and creating the mac
Explanation:
Customers arrive at a local bookstore at an average rate of eight customers per hour. The bookstore's owner, Emma, helps her customers check out. It takes her an average of 5 minutes to check out each customer. Let's assume that arrivals follow a simple Poisson distribution and the service time is exponentially distributed. Answer the following questions: (a) [2 points] What queuing model should be used here? What is your arrival rate λ = ? And service rate μ = ? (b) [1 point] How many customers on average would you expect to see in the bookstore? (c) [1 point] How long would a customer expect to spend in the bookstore (total time)? (d) [1 point] What is the utilization rate of Emma's time? (e) [1 point] During covid, Emma was concerned about the number of customers that will be at the bookstore at the same time. Help Emma calculate the probability that there are more than three customers in the bookstore at the same time.
Answers
The M/M/1 queuing model should be used. The arrival rate (λ) is 8 customers per hour, and the service rate (μ) is 12 customers per hour.
What queuing model should be used to analyze the customer arrival and service process at the local bookstore?(a) The queuing model that should be used here is the M/M/1 queuing model. The arrival rate (λ) is 8 customers per hour, and the service rate (μ) is 12 customers per hour since there are 60 minutes in an hour and it takes Emma an average of 5 minutes to check out each customer.
(b) To calculate the average number of customers in the bookstore, we can use Little's Law, which states that the average number of customers (L) is equal to the arrival rate (λ) multiplied by the average time spent in the system (W). In this case, L = λ ˣ W.
(c) The average time a customer expects to spend in the bookstore is equal to the average time spent in the system (W). We can calculate this using the formula W = 1 / (μ - λ).
(d) The utilization rate of Emma's time is given by the ratio of the arrival rate (λ) to the service rate (μ), which is λ / μ.
(e) To calculate the probability that there are more than three customers in the bookstore at the same time, we can use the formula for the probability of having n customers in the system in an M/M/1 queuing model, which is P(n) = (1 - ρ) ˣ ρⁿ, where ρ is the utilization rate (λ / μ) and n is the number of customers. In this case, we need to calculate P(n > 3) = 1 - P(n ≤ 3).
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What is Installment credit?
(In your own words, please and thank you!!! :)
Answers
Answer:
Explanation:
Installment credit is an important aspect of your credit score because it shows that you can maintain a payment over time. Examples of installment loans are car loans, mortgages, and student loans
It is also called Installment plan it means when you do work and you get credit.
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Explain how saving a portion of your money can help you achieve financial well-being. (Tell me how saving a little bit of your money can help you have less problems with money.)
Answers
Select the correct location on the image.
Which box on a W-4 notes an employee's filling status?
Answers
Box number 3 on a W-4 notes an employee's filling status?
What is a W-4?
An IRS form known as a W-4, also known as a "Employee's Withholding Certificate," instructs employers how much tax should be deducted from each employee's paycheck. Employers utilize the W-4 to calculate some payroll taxes and remit the taxes on behalf of employees to the IRS and the state (if applicable).
If your employer already has a copy of your W-4 form on file, you do not need to fill one out again. Additionally, you are not required to complete a new W-4 annually. But you'll probably need to complete a new W-4 if you start a new employment or wish to change the withholdings at your current position. In either case, it's a good justification for reviewing your withholdings.
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Which of the following describes what is identified by a supply schedule?
a How much suppliers will profit at various prices
b How much consumers will save at various supply levels
c How much suppliers will raise prices as production varies
d How much of a product suppliers will produce at various prices
Answers
What is identified in a supply schedule is how much of a product suppliers will produce at various prices (option D).
What is a supply schedule?A supply schedule is a table that shows the price and quantity supplied of suppliers. It shows the total number of goods that would be supplied at various prices.
There is a positive relationship between price and the quantity supplied. This is because as price increases, there would be an increase in the quantity supplied. When price declines, there would be a decrease in the quantity supplied. This explains why the supply curve is positively sloped.
The supply schedule can be an individual schedule or a market schedule. When its an individual schedule, it contains information on only one supplier. If it is a market schedule, it aggregates the information of all the suppliers in the market.
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Select all that apply. Which factors might determine your preference for a new shirt? color of the shirt design on the shirt cost of the shirt how the shirt looks on you
Answers
Demand is the term used to describe a consumer's desire and willingness to purchase a good or service at a specific time or over time. Also, customers must be able to purchase what they want.
What is a need example?Needs include clothing, food, shelter, and water. These serve as illustrations of physiological demands, or needs that are satisfied by your physical state. You also have desires, which are things you want but do not actually require.
What primarily focuses on the behaviours of consumers?Microeconomics focuses on the role that consumers and firms play in the economy, with a focus on the decision-making processes of these two groups. These choices involve the timing and cost of a consumer's purchases.
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Which of the following is not an optional deduction?
A. Life Insurance
B. 401(k)
C. Health Insurance
D. Medicare
Answers
Answer:
D. Medicare
Explanation:
Medicare is a federal tax imposed on all workers. It is a compulsory deduction based on the worker's gross pay. Employers are required to withhold the medicare tax amounts are remit to the government. Medicare is used by the federal government to provide medicare care to senior citizens aged 65 years and above.
Life Insurance, 401(k), and Health Insurance are voluntary deductions. The employer withholds the amounts and remits them to the relevant agency as per the employee's request.
An entrepreneur needs to raise $20,000 for improvements to her factory. She plans to contribute 60 percent of this sum from her own personal savings. What amount will she need to generate from other sources?
Answers
Answer:
$8,000
Explanation:
The entrepreneur needs $20,000. She can raise 60% from savings. It means she needs to generate 40% from other sources.
40% of $20,000 is
=40/100 x $20,000
=0.4 x $20,000
=$8,000
Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair? FDA- Food and Drug Administration SEC- U. S. Securities and Exchange Commission CFPB- Consumer Financial Protection Bureau FCC- Federal Communications Commission.
Answers
When a person wants to get a loan from a bank, the agency that ensures they are protected is the CFPB- Consumer Financial Protection Bureau .
The Consumer Financial Protection Bureau:
Was created to protect the public when they seek loans Enforces financial laws aimed at keeping the financial industry fairThe CFPB is therefore the agency that will look into Leah's loan to make sure that she is being treated fairly and is not being charged too much interest.
In conclusion, the agency is the Consumer Financial Protection Bureau.
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C. CFPB- Consumer Financial Protection Bureau
understanding the variance in acquisition costs is a helpful starting point in customer analysis, but it does not tell the full story. the next time you meet with camp plus, you suggest that you combine the acquisition cost analysis with your clv analysis to determine if customer profitability varies based on mode of acquisition. you present your findings to the owners and discuss potential strategies. which strategy do you recommend based on your acquisition-clv analysis?
Answers
This will assist determine which channels are yielding the best returns and give a better knowledge of the profitability of clients gained through various channels.
How can it be explained in detail?Several ways to increase the profitability of consumers acquired through various channels may be available depending on the findings of the acquisition-CLV study. To acquire more consumers with high CLV, it may be a smart plan to invest more in sponsored search, for instance, if the data reveals that customers gained through paid search have a higher CLV than customers acquired through social media.
As an alternative, if the data reveals that customers gained through recommendations have a higher CLV than those obtained through other channels, it could be a wise move to engage in referral programs to entice current customers to refer their friends and family
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which of the following best describes when johnson & johnson introduces a travel size
Answers
When Johnson & Johnson introduces a travel-sized package for its existing baby oil product, it can be described as a product line extension or product diversification strategy.
A product line extension refers to the introduction of a new variation or size of an existing product to cater to different consumer needs or market segments. In this case, Johnson & Johnson is expanding its product line by offering a travel-sized package of its baby oil. The travel-sized package is designed to meet the specific needs of consumers who require a smaller, more portable option for when they are on the go.
This strategy allows Johnson & Johnson to leverage the brand recognition, reputation, and existing customer base of their baby oil product while tapping into a new market segment or addressing the specific needs of existing customers in a different context. It also provides an opportunity to potentially increase sales and market share by offering a more comprehensive product line that caters to diverse consumer preferences and usage scenarios.
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may use two car brand or two mobile phone brands) 26 (6 marks) A utility company will not use coal with us ir content of more than 2.25. What percent of coal is in this category given that the target sulfur value is 1.65 and the standard deviation is 0.617. If the target is changed to 1.45, how this will affect the percent or coal accepted by the utility company (fully show your calculations).
Answers
We must apply the idea of standard deviation and presume that the distribution of sulphur content follows a normal distribution in order to calculate the proportion of coal in the category with a sulphur level higher than 2.25.
Given:
Mean target sulphur value: 1.65
0.617 standard deviation
The following formula can be used to determine the z-score for a sulphur content of 2.25:
z = (X - μ) / σ
We may determine the relevant percentile for a z-score of 0.974 using a z-score table or calculator. The percentile shows the proportion of values in a normal distribution that fall below a particular point.
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Scott Weisberg feels his job at Wendy’s includes all the following except
a) serving a senior leadership team member who makes strategy decisions.
b) serving as a manager of the human resources leadership team.
c) serving as a function leader who supports an agenda to assist franchisees and business partners in the company.
d) supervising the Board of Directors.
e) being a confidant to the CEO.
Answers
Scott Weisberg feels his job at Wendy’s includes all the following except Supervising the Board of Directors .
What is Scott Weisberg ?
Having worked in the medical industry for more than 27 years, Scott Weisberg, MD, is a Family Medicine Specialist in Birmingham, Alabama.
In 1996, he received his degree from ALBANY MEDICAL COLLEGE. His connection to Brookwood Baptist Medical Center is established. New clients and telehealth appointments are both accepted at his practice.
What function does the board of directors serve?
The board of directors' primary responsibilities include selecting the company's CEO or general manager and determining the company's overall strategy.
All other personnel must be hired by the CEO or general manager, who is also in charge of managing the company's daily operations.
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In Citation when you use the exact words from a source, you are ______________________.
Answers
Answer:
Quoting
Explanation:
or something along those lines
What happens if you still have a balance on your credit card AFTER the company starts charging you interest?
A: The bank will make your interest payments for you
B: The bank will extend the 0% APR so you don't pay interest
C: The bank will offer you a 0% so they make no money off you
D: The bank will make money from the interest fees you pay
Answers
My reasoning is because banks will always make money of your interest and debt someway. This includes every bank in the world, it’s how banks can afford to stay open and hire employees.
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economics is the study of: a. how to allocate resources to satisfy wants and needs. b. capitalism. c. how to make money. d. how to make workers more productive and firms more profitable. e. markets.
Answers
Economics is the study of how to allocate resources to satisfy wants and needs.
It involves examining how goods and services are produced, distributed, and consumed. This includes analyzing the behavior of individuals, firms, and governments in markets, as well as exploring the role of incentives, competition, and regulations in shaping economic outcomes.
While capitalism is a type of economic system that emphasizes private ownership and market-based decision-making, it is just one of many approaches that fall under the broader umbrella of economics.
Similarly, while making money and improving productivity and profitability are important considerations in many economic activities, they are not the sole focus of the discipline.
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97) You have just been hired as a security consultant by MegaMalls Inc., a chain of retail malls, to make sure that the security of their information systems is up to par. Outline the steps you will take to achieve this.
Short Answer:
Answers
MegaMalls Inc. can ensure that its information systems are secure and that it is effectively protecting its data and assets against potential security threats.
Why will be Outline the steps you will take to achieve this?As a security consultant hired by MegaMalls Inc., to ensure the security of their information systems, here are the steps I would take:
Perform a risk assessment: The first step would be to assess the current state of the organization's security systems. This would involve identifying potential security risks and vulnerabilities in their systems, including their network infrastructure, hardware, software, and processes.Develop a security policy: Based on the results of the risk assessment, I would develop a comprehensive security policy for MegaMalls Inc. This policy would outline best practices for maintaining the security of the organization's information systems, including guidelines for employee access and password management, data backup and recovery, and incident response.Implement security controls: After developing the security policy, the next step would be to implement security controls that align with the policy. This could include implementing firewalls, intrusion detection and prevention systems, access controls, and security software.Conduct employee training: A crucial component of any security program is employee training. I would develop and implement a training program for employees that would teach them best practices for maintaining the security of their systems and data.Perform ongoing monitoring and testing: The final step would be to continually monitor and test the organization's security systems to ensure that they are functioning effectively. This would involve conducting regular security audits and vulnerability assessments, as well as testing the organization's incident response plan.Learn more about effectively protecting
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Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
A.Start a moderate portfolio and shift to high risk later in life.
in luce
B.Invest only in national companies.
C.Buy 100% international stocks.
D. Choose a high-risk portfolio now and change it, if needed, in the future.
Answers
Answer:
A.Start a moderate portfolio and shift to high risk later in life.
Explanation:
Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.
In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.
What is the best reason for homebuyers to create a budget before taking out a mortgage?
to compare the value of their home with that of their neighbors
to plan how to pay off the money they have borrowed
to set aside enough money to refinance the loan
to figure out how long they can stay in their home
Answers
The best reason for homebuyers to create a budget before taking out a mortgage is to : Plan how to pay off the money they have borrowed.
What is a mortgage?A mortgage is an agreement(legal) between a bank and the buyer in which the bank lends money to the buyer to purchase a house.
When a buyer takes a mortgage, the buyer agrees to pay back the money in full with an agreed interest rate, at a stipulated time.
Types of actions that can be taken with a mortgage are :
Purchase a homeMaintain a homeMaintain other types of real estateTherefore, the best reason for homebuyers to create a budget before taking out a mortgage is to plan how to pay off the money they have borrowed.
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Answer:
b
Explanation:
4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answers
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
Anaiah is currently consuming 20 eggplants and 30 kiwis. his marginal utility per dollar spent on the 20th eggplant is 160 utils and his marginal utility per dollar spent on the 30th kiwi is 190 utils. the price of an eggplant is $3 and the price of a kiwi is also $3. he has $180 to spend. How much is Anaiah currently spending on these goods?
Answers
With the given marginal utility per dollar spent Anaiah currently is spending 20*3=$60 and 30*6=$90 hence the total is $150
Marginal utility is the extra joy a consumer experiences from having one additional unit of a good or service. To predict how much of a good buyers will buy, economists use the concept of marginal utility. The law of diminishing marginal utility is frequently used to support progressive taxation. It is conceivable for marginal utility to be negative, zero, or positive. Companies can utilise marginal utility (MU) to calculate the likelihood that clients will repurchase the same products or services. In turn, this gives them the ability to decide how much time to devote to the current clientele and how much effort to expend to ensure that they share the same level of enjoyment.
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Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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11. Which of the following statements about the role of managers
is true?
a. Managers are responsible for the success or failure of the
company.
b. Managers make up the greatest percentage of employees in a
business.
C. Managers are responsible for completing the day-to-day work
a business.
4. Managers spend most of their time planning for the future.
Che first level of management
Answers
The TRUE statement about the first (highest) level of management is 4. Managers spend most of their time planning for the future.
These managers are appointed by the owners of the business to act as agents in the interests of their principals. However, the ordering depends on the person. Sometimes, this first-level is assigned as the third-level, in reverse order.This level of management is not necessarily involved in operational activities. The managers at this level do not constitute the greatest percentage of the workforce.While first-level managers bear the responsibility for the success or failure of their company, they usually assign the function of overseeing business success and failure to the middle-level managers, who also supervise the lower-level managers.Thus, the first-level of managers are the managers who plan for the future of the company.
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