manager‚ HR manager‚ purchasing manager…) +: efficiency from grouping people with similar specialties‚ coordination with functional area‚ in-depth specialization. -: poor communication across functional areas‚ limited view of organizational goals 2. Geographic departmentalization: grouping jobs according to geographic
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Part 1 Goering‚ Zarcus‚ and Schmit are partners and share income and loss in a 3:2:5 ratio. The partnership’s capital balances are as follows: Goering‚ $84‚000; Zarcus‚ $69‚000; and Schmit‚ $147‚000. Zarcus decides to withdraw from the partnership‚ and the partners agree to not have the assets revalued upon Zarcus’s retirement. Prepare journal entries to record Zarcus’s February 1 withdrawal from the partnership under each of the following separate assumptions: Zarcus (a) Sells her interest to Getz
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QUESTIONS 1. Wal-Mart exemplifies a firm pursuing a product differentiation strategy while Victoria’s Secret exemplifies a firm pursuing a cost leadership strategy. True False Answer: False Page: 146 Difficulty: Easy Chapter Objective: 1 2. Product differentiation is a business strategy whereby firms attempt to gain a competitive advantage by increasing the perceived value of their products and services relative to the perceived value of other firms’ products or services. True False
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Finance Ch. 8 1)Most manager are risk-averse‚ since for a given increase in risk they require an increase in return True 2) IF a person required return decreases for an increase in risk that person is said to be Risk-Seeking 3.) Risk aversion is the behavior exhibited by managers who require a greater than proportional _________ (a) increase in return‚ for a given decrease in risk. (b) increase in return‚ for a given increase in risk. (c) decrease in return‚ for a given increase in risk
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Week 3 Assignment Exercise (Intro to HRM XB) 1) List three specific steps Hotel Paris should take with respect to each individual human research function (selection‚ training‚ and so on) to improve the level of ethics in the company. (1) Making ethical decision always requires normative judgments. A normative judgment means that something is good or bad‚ right or wrong‚ better or worse. (2) Ethical decisions also always involve morality. Morality is society’s highest accepted standards of behavior
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PRODUCT MANAGEMENT (FINALS) March 26‚ 2014 What will you do to be able to design your sales quotas and sales territories? Why? How would you handle the assigning & organizing of your salespeople/sales person? Should Krisha will be benefit more if she choose to market her product in and around Luzon‚ or it will be profitable to market in a large segregate with high market potential? OBJECTIVES Achieve your sales budget of 1‚000‚000 numbers
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weather changes. In addition to that‚ with the growth of the company also comes with the expansion of the level of production and product lines. If the company reduces the level of complexity of services‚ it will be easier to keep track of production. 2. To what extent does the process Scott Abell uses to manage shipments of packages during holiday periods follow the control process shown in Figure 16.3? Discuss. •
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Chapter 14 Retention Management Turnover and Its Causes True / False Questions 1. There are several positive‚ functional outcomes of employee turnover. True False 2. Avoidable turnover is that which could have been prevented by actions like a pay raise or a new job assignment. True False 3. An employee’s perceived desirability of movement can depend on reasons that have little or nothing to do with the job. True False 4. An employee’s overall intention to quit
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Abstract As a health care organization‚ it is important that the Saint John’s Hospital takes the security and privacy of its patients’ information very seriously. Patient information in the Saint John’s Hospital is electronic and managed by the information systems department. In the organization‚ the security and privacy of all information is the responsibility of the Information Systems (IS) Manager. As the IS Manager‚ based on the following information on security and privacy‚ a Management Plan
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Reporting Practices and Ethics Paper ChristyLynn Kern University of Phoenix Health Care Financial Accounting HCS 405 Financial management is an important aspect to health care financial planning. There are many financial decisions that are made every day and depending on the accounting records and the different transactions that are occurring. Finance management is something that health care organizations need to pay close attention to. The number one priority of a health care organization
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